Lime Fx Reviews Read Customer Service Reviews of Lime Fx com 10 of 23

Please do not use this company as they will scam you out of all your money. The two brokers involved are Edward Johansson and Charles Bass. Pricing is decent, but I thought that there would limefx scam be even more freedom.

Lime Fx’s Non-Trading Fees

Lime Fx is not targeted to residents of the EU where it is not licensed. Lime Fx does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria and North Korea. There are several ways to deposit money into your Lime Fx trading account, quickly and easily. Our deposit bonuses provide some extra power when you are just starting out. We provide broker reviews and ratings to help users find a suitable broker according to their own needs. However, you must do your own due diligence and make your own decisions when choosing a broker.

• I requested additional information about Lime Fx’s execution model, average execution speed, and general trading conditions.
• With a CFD contract you agree to pay the difference between the opening and closing prices of an underlying asset.
• Of course, I understand that this is a popular platform among traders, but I know several alternative platforms with a more advanced interface.
• Lime Fx is authorised and regulated by the Seychelles Financial Services Authority, which means that there are measures in place to protect clients.
• Traders can choose from multiple account types that best suit their trading requirements, skills and knowledge.
• With floating spreads, you can access more competitive spreads, but these are flexible and could fluctuate according to market conditions.

Customer Support Test

Once the platform has finished downloading, open the set-up and install it. Then drag and drop the MT4 icon into the applications folder. The broker operates on a Straight-Through-Processing (STP) basis without a dealing desk. Order requests are transmitted to the interbank level, where Lime Fx’s liquidity providers fill them. As long as there is enough liquidity in the market, all order requests will be filled at varying speeds. I did not find any specific feature in Lime Fx’s offering to say that the broker is better suited for high-frequency or longer-term trading.

What Are CFDs?

Choose the account that suits you best and start trading with confidence. Lime Fx works with multiple payment services to provide its clients with maximum flexibility. Deposits can be made via bank wire, credit or debit card, e-wallets, or crypto wallets. The broker does not charge deposits and withdrawal fees, except for withdrawals below $300.

I quite enjoyed Lime Fx’s educational guides covering very basic trading topics that novice traders are likely to ask. They do not delve particularly deep into the subject matter or examine more complex topics but are quite useful as a starting point. I also appreciated the vast amount of over 150 written articles scammed by limefx that are available from Lime Fx’s blog section of the website. Traders also have access to the broker’s four educational e-books. Contracts for difference (CFDs) are derivatives used to speculate on the underlying asset’s price without physical delivery.

If you wish to use any part of the content provided on this website, please ensure that you contact Myforex. All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein. Nakamaru is a manual production consultant at FINTECS, a company that specializes in creating manuals for their clients.

Is Lime Fx suitable for spread betting?

• For example, if you buy a CFD on gold, you speculate on the price movement of gold, without owning any actual gold.
• It aids technical analysis by providing an overview of price action behavior and allows traders access to a number of analytical tools and chart configuration possibilities.
• Trading on the Cent account is a great way to start trading if you are a beginner.
• The only time the broker may charge a $55 handling fee is for withdrawals below $300.
• 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.
• I also appreciated the vast amount of over 150 written articles that are available from Lime Fx’s blog section of the website.

You must keep this information close at hand as you will need to enter it later. The second email will include vital information like your login number, MetaTrader 4 login password, server name, and account currency. You will be required to keep this data at hand as you will need to enter it later. Follow all steps to close your positions and withdraw any outstanding balance.

At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. My overall impression of Lime Fx is that its offering is sufficient for the needs of beginners but may fall short for seasoned traders. Lime Fx is a Seychelles CFD broker that was founded in 2021. It is regulated locally by the Financial Services Authority (FSA) of Seychelles and adheres to some of the main safety requirements in the trading industry.

Compared to other brokers reviewed, Lime Fx holds a strong position, particularly due to its commitment to regulatory compliance, transparency, and security. 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.