Lime Fx Review & Rating by Traders, Submit a Review
16 janeiro, 2024 6 minutos de leitura
Credit/debit cards, e-wallets, and bank transfers are common choices among brokers. Regulations are put in place to safeguard traders, so you should only trade on regulated platforms. Lime Fx operates in accordance with the Seychelles Financial Services Authority. Therefore, our clients should practise responsible trading by staying informed, diversifying their portfolios, as well as utilising risk management tools. Unfortunately, the online trading industry is not exempt from these and other fraudulent attempts to deceive users.
Lime Fx is authorised and regulated by the Seychelles Financial Services Authority, which means that there are measures in place to protect clients. Client funds are held in segregated accounts and all client personal information is guarded under SSL encryption. I wanted to find a good and reliable borker and I think everybody knows sometimes it’s impossible to do it.
Therefore, it is very important that you always verify that you are transacting with the official Lime Fx platform. Hello Mathieu,We are so grateful that you took the time to write this excellent review! Hi Paul,We apologize for the negative experience you had with Lime Fx.
Deposit & Withdrawal Fees
As a trader, you can trade CFDs for any financial asset, as you do not need to own the underlying asset. With CFD trading you are trading the price changes of the underlying asset and it is a more popular way for online traders to partake in the financial markets. With Lime Fx, traders can access CFDs on a range of markets including currencies, metals, commodities, indices, shares, and futures. The brokerage firm ensures that its clients get the best prices while trading forex as they are offered fixed and flexible spreads that start from 1 pip.
With Lime Fx, we offer a reliable platform, fast execution and solid trading conditions. To ensure that traders will be able to gain access to a variety of assets through CFDs seamlessly, the brokerage firm provides reliable technologies and a number of tools and services. What makes this brokerage firm stand out from the competition is it provides traders with spreads starting from as low as 0.0 pips, flexible leverage, fast execution, and fast deposits and withdrawals. The brokerage office offers a good line of trading instruments to decide between, including futures, commodities, metals, indices, Forex, and shares. In conclusion, Lime Fx ranks favorably among its peers, offering traders a reliable and safe environment to access a wide range of financial markets with confidence. Its combination of regulatory oversight, educational resources, and flexible trading conditions make it a compelling choice for those seeking to engage in online trading.
To ensure that its clients will be able to make informed trading decisions and improve their trading skills, Lime Fx’s recently launched Academy service gives them access to webinars, eBooks, podcasts, and videos. I was surprised to find out that T4Ttrade provides so many ways for making deposits and withdrawals through various payment methods. I entered my personal area and when I was counting, it turned out that there are 9 various payment options available and it is really cool.Anyway, you better check it out on your own. Mainly I use two ways for transferring money, the first method is through a bank card and the second one is through crypto currencies.
- If traders prefer to email the support agents, they can do so at
- Phishing is a common tactic used by criminals to obtain personal data from users by imitating a trustworthy entity with fake websites, e-mails, phone calls or SMS messages.
- Hi Víctor Gálvez,We really appreciate you sharing your Lime Fx experience with us!
- For example, if you buy a CFD on gold, you speculate on the price movement of gold, without owning any actual gold.
- These tools empower traders with the knowledge and insights necessary to navigate the complexities of the financial markets.
Forex Webinars:
Clients of the brokerage firm will benefit from flexible leverage and competitive spreads across the entire commodity range. With spreads from 3 points, traders can easily keep their costs on the lower edge of the spectrum. CFDs allow traders to go long and short, meaning that they can make a profit when the commodity falls or rises in value. Compared to other brokers reviewed, Lime Fx holds a strong position, particularly due to its commitment to regulatory compliance, transparency, and security.
Lime Fx Instruments Summary
The pair of prices shows the best potential price at which an asset can be sold and bought at a specific time. The bid price is the highest price a buyer is prepared to pay, whereas the ask or “offer” price is the lowest price a seller is willing to accept. The swap or rollover fee refers to additional charges that can be incurred overnight when traders leave trading positions open. The fee is applied by the broker so traders can continue holding a leveraged position after active market trading hours.
The difference between the bid and ask prices is called “the spread.” The spread is the cost of trading a CFD. Traders look for small spreads, since a smaller spread usually means the specific asset is more liquid. On the other hand, assets with a “wide” bid-ask spread can be more costly and time-consuming. Sometimes, the bid-ask spread can widen due to lack of liquidity or market volatility since traders will either avoid paying more or accepting less than a specific threshold, when buying or selling an asset respectively. You can choose from our wide selection of currencies, metals, indices, commodities, shares and futures and start trading with competitive conditions and dedicated support.
Hi Shuq Davies, We’re sorry to hear about your experience, and we take such matters seriously. When you trade CFDs, you can do so by using leverage, which means that traders only limefx scam need to use a small capital amount to control a much larger position in the market. While leverage enables you to potentially earn bigger profits, it can also incur bigger losses. When you buy a CFD contract, you speculate on the price movement of the underlying asset. For example, if you buy a CFD on gold, you speculate on the price movement of gold, without owning any actual gold.
I’m satisfied not only with trading conditions, but also with educational conditions. With this broker I can trade with various instruments, with the demo account, I have the flexibility limefx forex broker to choose my asset and I have been using it to train. I heard a lot about the T4tarde broker and this is how I ended up here.
Privilege accounts offer all the features of Standard and Premium accounts, with the only difference being the spread. The choice of base currencies is also the same and includes EUR, GBP, and USD. As for withdrawals, clients of the brokerage firm can make use of most of the payment processors we just mentioned. While transferring funds from your trading account, you need to bear in mind that all withdrawal requests are first reviewed and approved, which might take up to 24 hours.
With its commitment to delivering state-of-the-art trading software and a seamless CFD-based trading experience, Lime Fx caters to the needs of both beginners and seasoned professionals. Clients of the brokerage firm can make use of MetaTrader 4, which is the most widely used platform on a global scale. Being among the best ways to extend their portfolios and add more stability and less volatility, metals trading is one of the most hugely preferred instruments. Lime Fx allows its clients to take long and short positions on the price of precious metals and buy or sell CFDs with competitive spreads. Since traders will speculate on the price movements of these precious metals with CFDs, they will not take physical delivery of the underlying asset.
Transactions are always fast and I have never encountered serious delays. Apparently they can block anyone’s account with out any notice or warning and its written in their term and conditions. Lime Fx is not targeted to residents of the EU where it is not licensed.
The platform’s multilingual support and diverse deposit and withdrawal options further contribute to its appeal. However, it’s essential to note the regulatory limitations that may restrict access for certain traders based on their location. Lime Fx offers a diverse range of investment opportunities, making it a competitive player in the online trading brokerage industry. Here, we’ll delve into Lime Fx’s offerings, compare them to other brokers, highlight its strengths, areas of improvement, and address the availability on various platforms. Our Live accounts can be separated into fixed and floating depending on the spread.