Lime Fx broker review

Desktops versions can be installed and run using both Windows and Mac operating systems. One of their bonuses is a free VPS service, which traders can use to connect to the market faster with low latency. Yes, Lime Fx Group is regulated by 5 of the most trustworthy financial regulators in the world; the FCA, ASIC, IFSC, CySEC, and DFSA. Each arm of the broker is regulated under a different trading name but don’t worry, Lime Fx Group does own all of these licenses.

  • With strong regulatory backing and robust security measures, Lime Fx Group is a safe choice for traders looking to invest with confidence.
  • Practice caution and see financial advice when unsure because what we offer here is NOT financial advice.
  • Our reviews cover a broad spectrum of factors, including regulatory compliance, asset diversity, trading conditions, and user experience.
  • While it’s a strong platform, improving some of the issues highlighted by users would make it even better for new traders.
  • While international bank wire transfers can take several days depending on the bank, Visa and Mastercard transactions are typically processed instantly.

Fill in personal details, including name, email address, country of residence, preferred language, and phone number. Our expert reviewers found that Lime Fx Group is highly compliant with regulations in many jurisdictions around the world. We checked the authenticity of the licenses stated on the broker’s website to make sure they were still active. Lime Fx provides access to proprietary indicators by directly contacting an Account Manager.

Lime Fx Live

Lime Fx broker review

With a low Lime Fx minimum deposit of $5, it comes in as limefx scam one of the cheapest accounts to open. To understand what Lime Fx account types can offer you, we are going to break them down. That way, you will match your ability, strategy, and budget to the right one. Even the $5 minimum deposit is imposed to adhere to the restrictions placed on electronic funding platforms like Skrill and Neteller. You can use Nganluong Wallet, Neteller, Skrill or Online Bank Transfers to withdraw money. Clients outside Europe can trade real stocks on the Lime Fx Share account.

Brokers By Licenses

Thanks to Lime Fx’s multiple licenses, the broker can provide services to clients from all over the world. There are some restrictions that even Lime Fx could not overcome, however, and this includes not offering accounts to residents of the USA, Canada, Israel, and Iran amongst others. Lime Fx Group offers variable spreads on all instruments as standard, and fractional pip pricing to the fifth digit.

Support

These brokers offer competitive spreads, a wide range of trading instruments, and strong regulatory oversight, making them excellent choices for traders seeking options similar to Lime Fx. In conclusion, Lime Fx delivers a comprehensive and client-focused trading experience, backed by strong regulation and a commitment to customer satisfaction. Whether you’re a beginner or an experienced trader, Lime Fx provides the tools, support, and conditions needed to succeed in the financial markets. Lime Fx offers a range of trading platforms that cater to the needs of different types of traders.

Brokers By Country

  • For example if you live in Singapore, than you will for sure deposit SGD and make it your base currency.
  • The broker has about 10M traders using their platform, which says a lot about their honesty.
  • Their educational materials are extremely helpful for traders of all levels.
  • In this section you will find plenty of market analysis in the form of technical analysis, fundamental analysis, price action analysis and much more.
  • When holding positions overnight, traders might incur swap rates, also known as overnight fees.
  • No, Lime Fx’s Learning Centre is designed for traders of all levels, from beginners to experts.

If you choose to use MetaTrader 4 when trading with Lime Fx Group, you can place four different types of orders; market orders, limit orders, stop orders, and trailing stop orders. Although the registration process is quick limefx and straightforward, there are some details you’ll need to know before beginning the process. What’s more, to start trading, you’ll also need to verify your email address and validate your account by supplying documentation.

Lime Fx operates with variable spreads, just like the interbank forex market and imposes no restrictions on trading during news releases. Lime Fx fixed spreads are higher than a variable ones, as well are more flexible to different trading strategies. That means all trading costs are calculated into a spread with no hidden fees and tight spread offering. The seminar topics they bring to traders, no matter whether they live in Europe, Asia, or Africa, are custom-tailored to their investment needs and trading abilities. The Lime Fx forex instructors walk the extra mile to provide practical knowledge and efficient trading tools on a wide range of relevant topics useful in today’s online investing.

Standard account

The broker also outstrips competitors in this category, thanks to its unique Lime Fx Live feature. Lime Fx Live gives you to access live training sessions and personalized help, which you are sure to find useful no matter where you are in your trading career. A trading platform is simply a software interface that allows you to place trades. Trading platforms often come with charting, research, and order processing tools too.