Lime Fx Review : Read Before You Trade

The MetaTrader terminal allows for manual and automated trading, setting pending orders, and using numerous indicators. The software supports thousands of user add-ons that simplify the search for successful trades and implement algorithmic trading strategies. Leverage in trading is a tool that allows investors to increase their limefx forex brokers reviews market exposure beyond the initial investment (the margin).

Does Lime Fx offer trading in metals?

This is beneficial for people who regularly exchange, such as daily or weekly trading. Lime Fx is an online brokerage platform, and most online scammed by limefx brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled better. In other words, an online broker isn't necessarily affected by the number of customers they have. Another concern with online trading brokers with regards to security may be manipulation of trading.

Company

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017. Lime Fx is a versatile broker offering a full range of services in the Forex market. It enables independent trading and investing funds in copy trading with equal success.

• Demo trading accounts like the Lime Fx demo account can help individuals to make informed decisions before investing their money.
• There is no use in rushing the process as it will only lead toward the wrong decision.
• This Lime Fx review page contains information about investing with Lime Fx.
• Whenever I had a question or concern, I was met with prompt replies that made me feel valued as a customer.
• Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East.
• Even beginner traders can branch out from forex into cryptocurrency or beyond.

All content on comparebrokers.org is intended for educational purposes only and should never be considered financial advice. We do not recommend or advise that investors buy or sell through any financial instrument like commodities, securities or stocks. Over 1,000,000+ users registered with them can affirm to their trustworthy nature. We tried the livechat experience with Lime Fx and it worked flawlessly. We sent messages through the Lime Fx livechat through their app and website and got a reply after 10 seconds.

Deposit/Withdrawal Options: 3.5/5

• Lime Fx Standard Account spreads ranged from relatively wide to competitive in some cases.
• Just log in to the account that you will be using as a payment method and screenshot the account, then send it to Lime Fx support.
• The more you trade, the more funds are returned to your account.
• Another potential downside of Lime Fx is its relative lack of educational resources.
• For example, the Russian aggression against Ukraine caused fears of global famine, as both countries are large suppliers of both oil and wheat.

This reliable trading system is suitable for all levels of expertise, enabling users to execute intricate strategies easily. Lime Fx offers an Islamic Account designed specifically for Muslim traders that follow the principles of Sharia law. This account suits proficient traders who engage in high-volume trading or employ scalping techniques. Traders who appreciate predictability prefer the Fixed Account because it has fixed spreads, making it easier to evaluate expenses upfront. This removes any possibility of fluctuations and provides peace of mind, thus making it more user-friendly.

Very Very Fast in Withdrawing Fund

Its broad range of assets, competitive leverage, and user-friendly platforms make it an appealing choice for both beginner and advanced traders. The broker’s low-cost trading options (such as the Standard Account) and educational resources further enhance its appeal, particularly for those new to the trading world. I like the Lime Fx trading environment for its low trading fees in its ECN account, VPS hosting, volume-based rebates, and cutting-edge trading infrastructure.

Lime Fx Guide – Read our In-Depth Lime Fx Review

However, I also tested the ECN Account and recorded spreads of 0.4 pips in EUR/USD and 3.4 pips in spot gold. A commission of $2.5 per lot per side is added for all instruments. You can deposit money using Visa, Mastercard, Neteller, crypto, AdvCash, Perfect Money, Fasapay, and TopChange.

Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs. Lime Fx is a great broker, and its own users may vouch for this.