The security of your funds – in terms of regulatory protection – will depend on which Lime Fx entity holds your account, and which, if any, relevant regulations provide customer protections. It’s worth noting that Lime Fx’s primary execution venue is one of its own entities in St. Lucia. Lime Fx has made great strides with innovation in its web platform, and new educational content, but offers a limited range of tradeable instruments compared to the best multi-asset brokers. Lime Fx may be best suited if you are new to trading and live in a region where you require support in non-English languages, such as Southeast Asia.
So we think it is very important to move towards the trading platform with your prudence, practical humanity, and knowledge. To be successful in online trading you need to go through many steps like practice, time, patience, and much more. Lime FxFX gives you some of these opportunities so that you can deal with or defeat the market. The broker transmits clear-sighted market knowledge while maintaining the specific skills required to make money online, which will give you a much higher balance of profits from losses.
Single app and web service integrated into the Oct lets you earn like an experienced trader without any specific knowledge. You simply start following some pro trader you’ve picked, and Lime Fx CopyTrading app automatically copies their trades. Lime Fx has recently announced about it going swap-free in all the regions it operates. Now, leaving their orders open overnight, traders won’t be obliged to pay overnight fees. Due to this traders will no longer hesitate to use mid-term and long-term stategies.
Educational Offerings of Lime FxFX 📚
- The firm is committed to ensuring customers needs are met and prioritizes customer satisfaction.
- It also bucks the industry trend by not charging swaps or inactivity fees.
- It has an easy-to-use interface and real-time statistics to monitor performance.
- The software showed robust charting tools and broad technical analysis capabilities throughout testing, therefore enabling users to personalize their trading environment properly.
- Lime FxFX provides a solid copy trading service that promotes a social trading environment.
- You have a selection of alerts you can receive, so I set it up to show all trading signals like candlestick patterns and chart patterns such as head and shoulders.
- We admit high-tech access to a range of instruments and multiple platforms either for manual, algorithmic, or social trading.
Most major forex pairs have spreads close to zero, particularly on the ECN account. In terms of forex, a number of minor forex crosses are not offered. When looking at equities, only indices are offered with no option of single stocks, and only Gold and Silver are available in commodities, on a micro account. The firm has expanded its reach successfully with its combination of low fees, responsive customer support, and advanced technology. Today, the firm serves customers across 100 countries, and has opened up around 300,000 accounts with an impressive daily volume of $4bn.
Account Types and Benefits
With this virtual Lime FxFXdemo account, you are able to experiment in any way, to whatever period you wish. You might also start positions, test different trading approaches, and more. If trading currency pairs is of interest to you then Lime FxFX offer over forex pairs. When you move money in your trading account from your bank account, a deposit fee can be billed by the broker. Most agents don’t charge too much money for this particular operation. Even if no fees are indicated by Lime FxFX, it’s best that you close the account if you’re inactive.
Spreads and Fees ⚖
The cAlgo feature of cTrader is perfect for algorithmic traders, enabling them to build, test, and deploy automated trading strategies. The platform’s low latency and superior market depth ensure fast execution of trades. Lime FxFX has a low minimum deposit requirement, making it accessible to a wide range of traders. The minimum deposit depends on the account type and payment method, but it can be as low as $50 for some account types.
We look forward to serving you and supporting your trading goals in the future! Advanced tools and features on the Lime Fx Desktop MetaTrader 5 (MT5) platform improve trading experience. It includes 21 timeframes and over 80 technical indicators, therefore enabling thorough market analysis.
Can you trade cryptocurrency with Lime FxFX?
Although you can deposit with your local currency, it gets converted to USD regardless. I prefer seeing a broker regulated by multiple authorities, especially local regulators where clients are accepted such as CySEC. However, I would like to see other Tier-1 regulators like the Australian Securities and Investments Commission (ASIC) or the Monetary Authority of Singapore (MAS). You have a selection of alerts you can receive, so I set it up to show all trading signals like candlestick patterns and chart patterns such as head and shoulders. I found the signals to clearly demonstrate the trading idea and the market commentary is a nice touch to help explain the move. I also found an interesting feature called Spaces where you can customise an area with trading alerts and real-time news announcements.
- The topics range is quite wide and covers everything a new trader might need to learn and all technical topics a professional trader would use to apply a new strategy.
- This could mean that the bonuses are only available to traders in particular jurisdictions.
- If the losses in the stopped out position exceeds your account balance, you may experience a negative account balance.
- A great user experience is crucial for every trading platform to build and maintain their customer’s trust.
- The broker provides comprehensive trading tools and features that traders can leverage to optimize their trading strategies.
- It offers access to the interbank forex market, providing the best available liquidity and raw spreads starting from 0 pips.
- The Islamic account can be accessed through all of Lime FxFX’s trading accounts mentioned above.
In case you don’t, please feel free to contact us via Our dedicated 24/7 support team is available in English, Indonesian, Malay, and more. We believe in a partnership, that’s why we welcome all feedback, to understand our users’ needs and provide them with the best Forex trading experience. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high scammed by limefx degree of risk to your capital.
How do I become a Master Trader with Lime FxFX?
This facilitates the selection of suitable Masters to follow. The service is designed to be user-friendly, meeting the needs of both novice and experienced traders. It allows traders to earn consistent profits by replicating the most profitable strategies available. Lime FxFX provides a solid copy trading service that promotes a social trading environment. The demo account comes with generous virtual capital and is an invaluable tool for novice and experienced traders seeking mastery of advanced techniques relevant to the industry.
Tell us and if we have the right information, we will actively support your case through mediation with the broker. Regardless of how reliable and efficient the three means of payment are, the decision to limit transfers to only these types puts Lime FxFX at a disadvantage, particularly when compared to other platforms. We would advise limefx courses scam you to stick to the web-based version for more advanced options and a better experience. They take suggestions into account and seem to have acted on the suggestion numerous times. This is one way the team works tirelessly to build its customer relationships.