Lime Fx Review Forex Brokers Reviews & Ratings

Even though future markets are leveraged, traders should bear in mind that they will not only get greater exposure to the market but will also be more susceptible to its negative movements. Due to regulatory restrictions, Lime Fx does not accept customers from several jurisdictions, including North Korea, Sudan, Cuba, Syria, the US, and Iran. Additionally, the broker does not target residents of EU countries where it is not licensed. Almost all firms and individuals must be authorised by us if they offer, promote or sell financial products or services in the UK.

In case the client’s account balance is below $50 (or currency equivalent), the company will charge any remaining balance and archive the client’s account. Choose between Standard, Premium, Privilege and Cent accounts and enter the markets with superb trading conditions. Explore more than 300 instruments across 6 asset classes and trade CFDs with superb trading conditions.

Credit/debit cards, e-wallets, and bank transfers are common choices among brokers. Rebate programs, where traders can earn rebates based on trading volume, can be attractive for high-volume traders. It’s worth noting that it is not explicitly mentioned whether Lime Fx offers a rebate program, so it’s advisable for interested traders to contact customer support for specific details on any such programs. Trade forex with fixed or flexible spreads, starting from as low as 0.0 pips. Whether you are a beginner or a professional trader, you can choose the right spread account for you and explore opportunities with our superb conditions. TradingPedia.com will not be held liable for the loss of money or any damage caused from relying on the information on this site.

However, there is no cap on the maximum retail leverage, and no compensation scheme has been put in place. It offers all the features of Standard andPremium accounts, and the main difference is in the spreads. The Privilegeaccount offers a spread of 1.2 pips, which is lower than the Standard andPremium accounts. These indicators provide traders with insightsinto the markets and help them identify profitable trading opportunities.

The Lime Fx platform offers limefx reviews a wide range of commodityCFDs to trade, including crude oil. These commodities can be traded with flexibleleverage and low spreads. As forex traders can choose both fixed andvariable spreads, they can select whichever is more suitable for their tradingstrategy. Using MT4, traders can quickly develop their own automated tradingstrategies with the help of EAs (Expert Advisors). On the other hand, if you need more stabilityduring trading, you can opt for the fixed spread account. This is because fixedspreads help traders reduce trading costs significantly.

My Key Takeaways After Testing MT4’s Mobile App

Lime Fx guarantees that its clients will be able to top up their accounts and withdraw their funds quickly and easily as there is a good range of deposit and withdrawal methods to decide between. Futures are also known as futures contracts and are a great option for professional and beginner investors because they are traded with no requotes and in next to no time. It is easy to see why traders choose to enter this popular market, as futures are used for speculation or hedging on indices, commodities, or energy futures. It is only natural that traders want to have a well-regulated and trusted broker by their side, and because of this, it is a must to check the regulator which oversees its operations.

Trading with This broker has made me understand what it means to understand real care from a broker. Also the way they respond is in a very polite tone which has helped with the quality of service given to clients. They also have great support tools like their extensive collection of educational materials and also analytical tools. Lime Fx accepts traders resident in many countries, however it is not targeted at residents of the EU where it is not licensed.

Lime Fx Mobile Trading App

1. Users of the brokerage firm can also execute their trades while they are out and about, as Lime Fx’s mobile apps make it exceptionally easy to keep tabs on the market anytime and anywhere.
2. However, as a trader who relies heavily on precise technical analysis, I am highly skeptical of MetaTrader 4.
3. Traders may choose from three account types, where the only visible difference is a difference in trading fees.

A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable limefx forex broker for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. Once the account is active, starttrading with virtual funds or real money. Trading orders are also beneficial for traderswho are looking to diversify their portfolios.

Fees details

The webinars are geared towards beginners, intermediate-level, and advanced traders. At the time of my review, there were 5 upcoming webinars, all in Arabic. I quite appreciated that there is detailed personal info about market experts who lead the webinars. I performed my tests on a Standard Lime Fx trading account using the desktop and mobile app versions of the MetaTrader 4 platform. The account was opened with the Tradeco Limited entity of the broker. Some features and services may vary depending on where you reside and which entity you open an account with.

Whether traders are seeking to improve their trading skills, stay updated on market events, or expand their trading strategies, Lime Fx offers a comprehensive suite of resources to meet their needs. Lime Fx offers demo accounts that introduce traders to the broker’s services and allow them to tweak their strategies in a risk-free environment. The market is continually evolving and never static, so it is important to hone your skills in a safe environment. You can set up a demo account for yourself alongside your live CFD account.

For example, a long position on gold would generate profit as the price rises or incur a loss as it falls, all without the need to purchase actual gold bars. One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative. Lime Fx’s mobile app affords traders quick and easy access to the market on the go.

Lime Fx broker in a nutshell

We provide a range of account types to suit your trading requirements. Start trading and access more than 300 underlying instruments from 6 asset classes with some of the most competitive conditions. Enjoy trading and fast execution through the industry-leading MT4 trading platform. Lime Fx’s comprehensive client support system is designed to provide traders with the assistance and information required for a successful trading experience.

Whether you’re a forex trader orother financial instrument trader, this broker can offer you the necessarytools to make informed decisions and succeed in your trading activities. This platform is known for its user-friendly interface andcomprehensive features. It allows traders to access the markets with ease andexecute trades quickly. CFDs on commodities enable traders to takepart in the commodities markets without actually owning the asset. The Lime Fxplatform gives traders access to global commodity markets with leverage,allowing them to take advantage of price movements.