The broker is also a certified member of The Financial Commission, which provides up to €20,000 in compensation per trade claim. With 24/7 availability and multiple contact options, Lime Fx ensures traders receive quick and efficient support, reinforcing its commitment to client satisfaction. Lime Fx prioritizes security and transparency through strict compliance with international standards.
Education and research tools offered
For the most accurate and up-to-date information on available payment methods and their specific terms, please refer to the official Lime Fx website or contact their customer support. Lime Fx provides a wide range of convenient and secure payment methods. Some of the popular options are WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller, UnionPay, Perfect Money, FasaPay, Crypto, Litecoin, AdvCash, Tether (USDT), OnlineNaira, Ethereum. Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader.
Minor pairs, such as EUR/GBP and AUD/CAD, provide additional trading opportunities with slightly wider spreads. For those https://limefx.biz/ interested in less conventional markets, exotic pairs like USD/ZAR and EUR/TRY are also available. I like the Lime Fx trading environment for its low trading fees in its ECN account, VPS hosting, volume-based rebates, and cutting-edge trading infrastructure.
Is Lime Fx an ECN broker?
Withdrawal requests are processed 24 hours a day on business days. Funds are credited instantly, except for bank transfers, which take up to 5 working days. Various trading commissions are charged depending on the account type and the instruments used. Special accounts allow you to copy trades without installing programs on your computer. Strategies are set up in the broker’s Client Area, and copying occurs automatically. This is the main difference from copy trading in MetaTrader, which requires a constant PC connection to the internet.
Lime Fx Review: Table Of Contents
These resources make Lime Fx a strong choice for traders seeking in-depth market research and continuous learning opportunities. To prevent fraud, Lime Fx undergoes monthly audits by Verify My Trade (VMT), analyzing 5,000 trades against top-tier liquidity providers to ensure best execution practices. Clients benefit from fund security measures, including external dispute resolution and protection against financial misconduct. Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.
VIP Account
- An ID or passport will do the job, and documents should be valid and issued by legit government authorities.
- Explore the Lime Fx platform and train yourself to think systematically and logically about the markets.
- The Lime Fx offer, which consisted of the continuous improvement of the product and service offer, has helped her win many awards over the years.
- Lime Fx ensures that all email communications are handled promptly and professionally, maintaining high standards of service quality.
These resources can be beneficial for new traders seeking to improve their skills and knowledge of the financial markets. Additionally, Lime Fx offers a demo account that allows traders to practice trading strategies without risking real money. The education program includes a basic course with numerous in-depth modules such as First Steps, Trading Platform, Forecasting, Conducting Transactions on Forex Market and about CFD Trading. The education section of the Lime Fx website also includes an extensive trader’s glossary and library with recommended books to read.
- This is a standard procedure and you will be asked for some documents as proof of who you are.
- Additionally, the GOLD status program offers exclusive access to premium analytics and expert trading advice.
- I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database.
- People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
Lime Fx Trading Platforms and Conditions
Explore the Lime Fx platform and train yourself to think systematically and logically about the markets. Even if an Lime Fx trader experiences a significant loss, they will never owe more money than what is available in their Lime Fx account balance. When using Lime Fx, the minimum trade size is typically units of the base currency of the instrument being traded.
A comparative analysis can put things into perspective so that you are aware of what to expect. Lime Fx provides a user-friendly and cost-effective deposit and withdrawal process, with no fees for deposits and quick processing times. The availability of multiple payment options makes it easy for traders to fund their accounts and withdraw funds. Don’t be scared off by brokers like Lime Fx charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms. Lime Fx offers their traders an extensive array of financial instruments and markets limefx scammers to participate in trading.
In Lime Fx, the minimum contributions for different types of accounts vary. Traders can benefit from several types of accounts with low spreads, permitted scalping, and fast trade execution. A stable technical platform is supported by updated analytics, useful services, and quick withdrawals. The broker also has an inactivity policy that charges a fee if a trading account is dormant for a certain period.
How Lime Fx as a Company Compare Against Other Brokers
In the overall AppStore rating, the Lime Fx app received 4.9 out of 5 possible points, based on 847 reviews. This high rating confirms that the Lime Fx app excellently combines functionality and ease of use, making it an indispensable tool for mobile trading. The MetaTrader terminal allows for manual and automated trading, setting pending orders, and using numerous indicators.
After this process, it is recommended to verify the payment method that you are going to use. Just log in to your account on the preferred payment method’s account screenshot and send it to Lime Fx. Trading instruments offered for ECN accounts are the same as for Standard accounts, with the difference only being in spreads and commissions. Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. Furthermore, Lime Fx has a particular Telegram bot for customer support, which reflects the broker’s endeavor to keep up with the times and use modern communication methods. The commission for withdrawing funds depends on the payment system used.
Below we give an overview of the account types that Lime Fx offer. Whatever you are looking to trade, the varying Lime Fx account types will be able to provide you with what you need. With Autochartist, Lime Fx traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save Lime Fx users time and makes the trading process more efficient. This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.
A quick execution enables users to trade without worrying about slippage safely. All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users.
This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs. Lime Fx protects its clients’ personal and sensitive information under SSL encryption. We tried the livechat experience with Lime Fx and it worked flawlessly. We made a request via Lime Fx livechat via their app and web site and recieved a response in less than 20 seconds. Understand the capabilities of the mobile apps of Lime Fx, Startrader & freetrade below.