Lime Fx broker review which asset classes can you trade?

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Lime Fx withdrawal

They responded fairly quickly to my question about the inactivity fee policy but struggled to explain their execution model. When we test a broker’s customer support team, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. Contracts for difference (CFDs) are derivatives used to speculate on the underlying asset’s price without physical delivery. For example, a long position on gold would generate profit as the price rises or incur a loss as it falls, all without the need to purchase actual gold bars. One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative. My tests indicate that Lime Fx’s swap charges meet the industry average.

Lime Fx Customer Support

Lime Fx withdrawal

DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.

Explore a world of forex, CFDs, and cryptocurrencies with confidence. 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 limefx scammers but are quite useful as a starting point. I also appreciated the vast amount of over 150 written articles that are available from Lime Fx’s blog section of the website.

FXTM Review

Please note that the payment method you choose for deposits must also be used for withdrawals. Some of the most popular ways of depositing funds are via credit/debit card, bank transfer, or Skrill. To ensure safety and security of client funds, Lime Fx keeps client funds in segregated accounts with top-tier banks. Account segregation guarantees that even if the broker becomes bankrupt, client funds will be safeguarded.

  • Traders in India can access the broker’s range of trading instruments and platforms.
  • Our services extend to novice and seasoned traders alike, granting access to an array of opportunities within the multifaceted global financial markets.
  • Each account is designed to meet different trading needs and preferences.
  • We have over 20 years of experience when it comes to trading online so we know what to look for.
  • Mt4 fully supports algorithmic trading from its desktop client and has an embedded copy trading service.
  • When it comes to trading, it’s essential to trust your broker with your money.

Lime Fx is an online trading broker where you can buy and sell various financial instruments including forex, stocks, indices and commodities. They can cater for both beginner and professional traders alike, with very good trading conditions including tight spreads, low commission fees and reliable trade execution speeds. The broker has account types to cater for all types of trading strategies with a minimum deposit of just $100 and a quick account opening process. Alternatively, you can open a free demo account to see what the broker has to offer and to brush up on your trading skills before making a commitment. Furthermore, Lime Fx is known for its competitive pricing structure, featuring tight spreads, low commissions, and minimal trading fees.

How to make a deposit into your Lime Fx trading account

With Lime Fx, you can access competitive spreads with both our Live Floating and Live Fixed accounts. Fixed spreads allow you to trade with predetermined and steady spreads without worrying about sudden changes. With floating spreads, you can access more competitive spreads, but these are flexible and could fluctuate according to market conditions. You can deposit funds into your Lime Fx account using a good variety of convenient payment options including bank transfers, card and online payment processors. Keep in mind that bank transfers can take 24 hours to process and up to 3 working days to clear. Payment and funding authorisation are 100% automatic, whilst the client portal allows deposits and withdrawals using a simple, easy-to-use single interface.

  • The competitiveness of Lime Fx’s fees depends on the asset classes traded.
  • Lime Fx ensures seamless financial transactions through a versatile range of payment methods, including credit/debit cards, bank wire transfers, and digital assets.
  • This is especially the case when you consider that they do not charge a commission on top like most do.
  • Lime Fx offers the TradeCopier platform for both professionals and amateur traders.
  • Whether you are actively trading or holding an account for occasional use, you won’t be charged periodic fees just for maintaining an open account.

Demo Account

It’s worth noting that it is not explicitly mentioned whether Lime Fx offers a rebate program, so it’s advisable for interested traders to contact customer support for specific details on any such programs. Yes, Lime Fx offers full support for the MetaTrader 4 (MT4) platform, allowing traders to benefit from its advanced charting tools and automated trading capabilities. Lime Fx offers several account types, including Standard, Premium, ECN, and Islamic (swap-free) accounts. Each account is designed to meet different trading needs and preferences. Recognizing its global clientele, Lime Fx offers multilingual support in several languages, including English, Spanish, French, and Arabic.

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. The website also has a dedicated FAQ section intended to help with more general queries about the broker’s services. MT4’s app suffers from the same underlying problem inherent to other mobile apps.

On the other hand, assets with a “wide” bid-ask spread can be more costly and time-consuming. The fact that MT4 is one of the most popular trading platforms explains the huge number of trading algorithms and indicators that are available on the market. Trading algorithms help traders to automate their trading, and you can create or access them from MetaTrader marketplace. Lime Fx offers access to the most popular forex trading platform, MetaTrader 4.

What are the account types?

You will be redirected to the Skrill payment page where you will be required to log into your Skrill account to complete the payment. You will be provided with the relevant bank details that you can use at your local bank branch or via online banking to complete the transfer. You will then be redirected to a secure credit card payment page where you will be required to enter your card details to complete the payment. When you buy a CFD contract, you speculate on the price movement of the underlying asset.

Before deciding to trade, it is essential to understand the risks involved fully. Ensure limefx you are aware of your risk tolerance and seek independent financial advice if necessary. Past performance is not indicative of future results, and no trading strategy can guarantee returns.