Lime Fx Reviews 67 Reviews of Lime Fx com

Lime Fx reviews

We experienced the “Battle of the Traders” on Lime Fx and found it was an exciting competition that traders all over the globe would love. A substantial $500,000 prize pool will be available from April 1st to June 30th, 2024. Lime Fx’s SSL certificate ensures that all data exchanged between clients and the broker is encrypted, which increases security. This attention to traders’ empowerment rather than just transaction facilitation demonstrates concern for their client’s success. Luke Jacobi is a distinguished professional known for his role as President at Benzinga, a renowned financial media outlet. With a background in business operations and management, Luke brings valuable expertise to his position, overseeing various aspects of Benzinga’s operations.

One great advantage of Lime Fx is that they provide free deposits and withdrawals for most methods. However, it is important to remember that payment providers or banks may still have additional fees. If you engage in high-frequency trading, it’s important to consider these commissions as part of your overall costs.

Lime Fx’s Trading Fees

A standout feature is the low trading fees available in the Absolute Zero account type, which offers raw spreads limefx official site from 0.0 pips and minimal commissions. Lime Fx gives clients access to trading contracts for difference (CFDs) on a wide range of asset classes including forex, commodities, spot metals, spot indices, futures and shares. The online broker offers several different account types and trading platforms, as well as a blog, research material and educational resources. Lime Fx also offers social trading via its AutoTrade platform and keeps segregated accounts for traders. The broker is also holding the Iron Worlds Championship, a trading competition with a $1,000,000 prize pool. The broker’s advanced trading platforms, competitive spreads, and risk management tools ensure that traders can trade efficiently and confidently across multiple asset classes.

Lime Fx vs Other Brokers

Lime Fx’s fee schedule might sometimes seem complex, and we had to go back and forth to find exactly what we needed. The Lime Fx Zero Spread Account will pique your interest if tight spreads are your major concern. With this, you will be better equipped to weather the inevitable market fluctuations with the help of this benefit. Like the others, this bonus cannot be withdrawn but will significantly increase your trading balance, letting you participate in the market to a greater extent. We also liked Lime Fx’s 40% Power Bonus, which can increase your deposit by up to $4,000. This huge advantage will allow you to trade with greater freedom and implement your winning tactics.

Technical Views

Armed with account login details, you will get straightforward order execution, with instant execution and pending orders available. MT4 promises advanced charts with nine timeframes, over 30 built-in technical indicators, real-time news, plus automated trading capabilities. The MT4 platform can also be upgraded through MetaTrader’s Market and Signals, where users can buy technical indicators, add-ons, and signals for copy trading. I decided to switch to STP trading as Lime Fx offers 3 types of STP accounts to choose from. Which is impressive.Deposits are also instant and convenient.A trusted broker with fast trade executions.Spreads on some assets could use improvement but gold spreads are decent, though. FxScouts’ Broker Score and Trust Rating constantly evolve to reflect the forex market’s dynamics.

What is the Battle of Traders competition?

  • Clients are encouraged to adopt essential precautions to safeguard their accounts against fraud and scams.
  • IBs earn commissions calculated from the traded volume of referred clients, along with potential cash rewards through the IB Monthly Reward Plan.
  • The broker implements advanced security measures designed to protect personal information, privacy, and funds.
  • It offers beginner education videos and general education on forex and CFDs.
  • The minimum deposit required to open an account is only $100 which is great when you consider the industry leading trading platforms and conditions they offer.
  • Available options include Debit/Credit Card, Neteller, FasaPay, Perfect Money, and more.

While Lime Fx offers sizable first deposit bonuses, that bonus money cannot be withdrawn. Also, pricing for most services is slightly higher or on a par with other major forex brokers. The lack of 2-tier platform authentication and guaranteed stop-losses could be a problem if your account gets hacked or your stop-loss gets filled in a volatile market. You can trade spot metals with no currency exposure, some of the most competitive spreads and industry leading trading conditions. Your account should reflect your goals, needs, and ambitions on the market.

Overall, PMAM’s comprehensive features and user-friendly interface allow managers to execute transactions and manage risk efficiently, resulting in optimal performance across all accounts. After your account has scammed by limefx been verified, log in to the client site and click the “Deposit Funds” option to select the desired payment method. Processing periods will vary based on the method used (for example, bank wire transfers can take up to three business days).

  • Secondary security features are unimpressive, with standard encryption at the website and no two-tier platform authentication beyond Metatrader’s one-time passwords (OTP).
  • Trading metals can serve as a diversification strategy and a way to hedge against currency fluctuations and inflation.
  • Brokers operate multiple entities because it allows them to serve clients worldwide.
  • Traders should review these details to choose the account that best fits their strategy.
  • You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  • They provide fast trade execution speeds with no requotes and spread starting from just 0.0 pips.

Traders can submit feedback on Lime Fx’s customer service via surveys, feedback forms, or by directly sharing their experience with the support team. Yes, Lime Fx offers telephonic support, allowing traders to contact customer service representatives and receive immediate assistance. Lime Fx hosts webinars on a variety of topics, including technical analysis, risk management, and trading tactics, with industry experts. We explored Lime Fx’s “Education” section to find out what the broker offers its traders, and here are the tools, resources, and materials we found. Lime Fx, similar to other brokers, imposes an inactivity fee on accounts that remain dormant. If you don’t have any immediate trading plans, you can withdraw your funds or make occasional trades to prevent incurring this fee.

Lime Fx reviews

Lime Fx is a real broker offering trading services in forex, commodities, shares, and more across over 180 countries globally. It has been in operation since 2010 and is regulated by several financial authorities, thus proving that it is a real CFD broker. Metatrader 4 and 5 for Android, iOS, and Windows Mobile provide easy integration with desktop and tablet versions. They also offer the free Lime Fx Research app, which has no trading functions.

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