Lime Fx Review year Pros & Cons Revealed
Traders also get 15+ commodity CFDs, 20+ index CFDs, 30+ futures, and 150+ equity CFDs. I find the well-balanced asset selection suitable for most retail Forex and equity traders requiring fewer but highly liquid trading instruments, like day traders. I also like the Lime Fx fractional share dealing, which is excellent for smaller portfolios. I have been trying to salvage some of my money ,the so called adivice lose £1000 don’t ask me how and Lime Fx won’t say.
You won’t be surprised to find out that the deposits for MetaTrader 4 have gone down too, with an average minimum being around $100. Lime Fx provides 7 different live trading accounts, Standard, Premium, VIP, Live Zero Fixed Spread, No Commission, Zero Spread, and Absolute Zero. In order to claim the available Lime Fx bonus offers a minimum deposit of $100 USD, $200 USD, or $500 USD must be made. CFDs and trading in forex on margin, carries with it significantly high levels of risk and might not be compatible for all the investors.
- Processing times depend on the geographic location and the payment processors, which Lime Fx lists as between one and ten business days.
- But that is not all, via the phone they can be reached in many more countries – for free.
- Typically, you will be required to upload a photo of your identification card to Lime Fx in order to pass Lime Fx KYC verification.
- Live economic news, current rates, analysis, and economic calendar data are delivered directly into your trading platform to help you plan your trading day and uncover the most profitable opportunities.
- All of the accounts currently supported by Lime Fx allow dealing in minimum lot sizes of 0.01.
Absolute Zero STP/ECN Account
Open an institutional account and offer your clients access to best-of-market liquidity and reliable execution. Benefit from institutional rebates and dedicated Institutional Account Managers. I also love how cost-effective this platform is, the broker has beginners in mind. Lime Fx also offers an economic calendar while a VPS is available for $30 per month or with a minimum deposit of $5,000.
What advantages does Lime Fx VPS Hosting provide?
The Lime Fx group has 10+ years of experience more than 1,5M clients worldwide and offers negative balance protection. Our team were also pleased to see that the broker offers negative balance protection, meaning traders cannot lose more than their account balance. When we used Lime Fx, our experts also found that scalping, hedging, intraday trading and swing trading are all accepted.
Lime Fx is also active in the Latin American market, serving clients from countries such as Mexico, Brazil, Argentina, Chile, and Colombia. limefx courses scam The broker offers Spanish and Portuguese language support and ensures that traders in Latin America have access to competitive spreads, high leverage, and advanced trading platforms. Lime Fx ensures secure financial transactions for all verified clients through its robust back-office system. The minimum deposit at Lime Fx is $50, and processing times vary depending on the trader’s geographic location and the payment method used, typically ranging between one and ten business days.
What trading platforms are available at Lime Fx?
For traders looking to enter the rapidly growing world of digital currencies, Lime Fx provides access to limefx forex broker popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Ripple. Trading cryptocurrency CFDs allows traders to speculate on price movements without owning the actual coins. With the high volatility of the crypto market, Lime Fx offers advanced risk management tools to help traders manage their exposure. The broker also provides educational resources to guide traders in navigating the complexities of cryptocurrency trading. With tight spreads, competitive pricing, and expert market analysis, Lime Fx ensures traders can maximize their opportunities and enhance their trading experience. Whether you’re interested in currency pairs, precious metals, or major stock indices, Lime Fx delivers a robust trading environment tailored to your needs.
Deposits
- Additionally, multiple trading accounts can be registered through the Lime Fx Client Portal, allowing for greater flexibility when managing different strategies or products.
- Experts will have no problem finding what they need, however the first two categories might get a bit lost.
- These instruments are available for trading on the MT4 platform, which provides advanced charting tools and real-time market analysis.
- The minimum deposit to open an account is $100, allowing both beginners and experienced traders to get started with a manageable investment.
- He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years.
- Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
- Lime Fx provides the MT4 Webtrader, a fully web-based platform that allows you to trade directly from your browser without needing to download any additional software.
By referring friends or family members to Lime Fx, clients can receive bonuses or cash rewards once the referred person opens an account and meets the specified trading requirements. This promotion encourages traders to share the benefits of Lime Fx with others while earning extra rewards. Lime Fx regularly organizes trading contests and competitions with lucrative prizes, including cash rewards, luxury trips, and high-end gadgets. These contests are open to traders of all experience levels and provide a fun and competitive way to showcase trading skills. Participants can join these events and compete for top spots, earning valuable rewards along the way.
High Risk Trading Warning
While Lime Fx claims to support ten trading platforms, it does rather lack the variety in trading software that other online brokers typically provide and that would result in a better review. All platforms come without charge, however, broker provides educational material on how to get them running. Offers an unusually broad variety of trading account types that should suit most traders, and traders can register multiple account types. All account types allow traders to access a Dedicated Account Manager on a 24/5 basis and the Dealing Department Transaction Hotline. All of the accounts currently supported by Lime Fx allow dealing in minimum lot sizes of 0.01.
What leverage does Lime Fx offer?
You can also access a network of other traders so you can review their past performance and copy their trades in your own account if you wish. The Sirix Social WebTrader software comes in a web version for desktops, as well as mobile apps for smartphones and tablets. It lets you execute CFD and forex trades easily, which then get reflected automatically on other platforms.
Each Lime Fx trading account is assigned a base currency, which indicates the money that you deposit with the Lime Fx trading platform will be held in that particular currency. Some online brokers provide trading accounts like Lime Fx in only the four major currencies (US Dollars, British Pounds, Euros, and sometimes Japanese Yen). When moving money to Lime Fx there may be a currency conversion fee for Lime Fx clients if the base currency of your payment method differs from the base currency of you Lime Fx account.