The swap fee is a percentage of the underlyingasset’s price and varies depending on the currency pair and other parameters. After your account is verified, proceed to the deposit section and select your preferred funding method (bank transfer, credit/debit card, e-wallet, etc.). Our deposit bonuses provide some extra power when you are just starting out. The easiest way to get in touch with Lime Fx is live chat, which is available from the bottom-right corner of the main page.
My Key Takeaways After Exploring Lime Fx’s Research Content
Overall, Lime Fx is a reliable and trustworthybroker, providing traders access to the financial markets. The platform offersan extensive range of tradable instruments, advanced trading orders, andtechnical indicators. The minimum deposit requirement is $50; basecurrencies are EUR, USD, or GBP. Forex traders and other market traders canaccess Lime Fx’s services through the MT4 platform, WebTrader and mobileplatforms. Furthermore, Lime Fx provides a comprehensive FAQ section on their website that addresses frequently asked concerns regarding account management, trading platforms, and technical issues. This resource frequently offers solutions without necessitating direct communication with support.
Trade with competitive spreads
Traders can choose the platform that aligns best with their specific trading needs and devices. 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. Moreover, the platform also offers advancedcharting tools that allow traders to easily perform technical analysis.
The broker offers 300+ tradable instruments from 6 asset classes including forex, shares, indices, futures, commodities, and metals. Lime Fx’s MT4 platform provides traders with robust trading tools and features to maximise profits. A range of account types is also available, tailored to the needs and trading objectives of different traders.
Customer Support Test
Most deposit and withdrawal requests are processed by Lime Fx within 24 hours. In most cases, payments to and from Lime Fx accounts are free of charge, though third-party banking fees may apply. The only time the broker may charge a $55 handling fee is for withdrawals below $300. Lime Fx incorporates the renowned MetaTrader 4 (MT4) platform, which has desktop, web-based, and mobile app versions.
- CFDs on futures are another popular tradinginstrument on the Lime Fx platform.
- This caters to the needs of speculative traders looking to exploit sudden outbursts of volatility in the price action.
- Our deposit bonuses provide some extra power when you are just starting out.
- I requested additional information about Lime Fx’s execution model, average execution speed, and general trading conditions.
My Key Takeaways After Exploring Lime Fx’s Tradable Instruments
The platform also supports withdrawals via Digital Assets, providing flexibility for users based on their preferred payment method. Lime Fx is suitable for both novice and experienced traders as a result of its customizable options and diverse selection of assets. Nevertheless, it is imperative that a potential user such as yourself exercise proper risk management and thoroughly evaluate all factors, particularly when employing borrowed capital. 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. Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today.
Additionally, a 3% administration fee may be charged if there is no or minimal trading activity in the account. In general, Lime Fx’s objective is to offer a dependable trading platform and improve the user experience by implementing a robust support system. Lime Fx offers over 300 trading instruments across these asset classes, providing traders with extensive opportunities to diversify their limefx portfolios. They don’t charge fees for deposits or withdrawals, but some third-party fees might apply. However, there’s a 3% inactivity fee if you deposit money and don’t trade.
In addition, the platform offers these indices with flexibleleverage and low spreads. Traders can view the fundamental data and analyse the sharesusing technical indicators. With the help of these tools, traders can selecttheir desired stocks and create suitable trading strategies. The broker does not charge any extra fees for deposits, butclients might need to pay third-party limefx reviews charges depending on their paymentmethod. 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.
On the other hand, Lime Fx does not offer any alternative trading platforms and does not incorporate any third-party tools. 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. In my view, a good chart should afford easy scaling up and down of price action.
Its podcast and LiveTV feature are two excellent examples of this, giving traders a unique perspective on currently evolving trading opportunities and market developments. In the case of no activity, including funding or trading, within one year, the company reserves the right to charge an annual administrative fee of $50 (or currency equivalent). 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. Trading orders are also beneficial for traderswho are looking to diversify their portfolios.
Brokers operate multiple entities because it allows them to serve clients worldwide. However, licenses obtained by regulators in different jurisdictions do not always entail the same degree of protection. Some regulators mandate compliance with the strictest financial frameworks, whereas others are less rigid.
My overall impression of Lime Fx is that its offering is sufficient for the needs of beginners but may fall short for seasoned traders. 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. 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.