We’re happy to know you find our Customer Service has good PR, prompt reply to queries, and helping to solve your issue. Remember that you can participate in the “Invite a Friend” program and earn a commission per standard lot your friends trade. Here is a more detailed look at the wide range of top trading platforms you can expect to find when you are trading at Lime FxFX, and what they can provide you with. These are all useful and important tools to utilize for any forex trader on all platforms and brokers. The Lime FxFX Masters fee is applied if you are copy trading with the broker. This is the commission fee charged by the Master (Signal Provider) whose trade you are copying, and it is up to the individual provider how much this fee will be.
En İyi Forex Firmaları
In this Lime FxFX review, you will find everything you need to know on the key areas of the broker like spreads, account types, and security. Regarding education, there are platform tutorial videos and a basic forex trading course, which would probably be okay for absolute newbie traders. Multiple times, we asked questions regarding things such as deposit options and broker regulations, and we were met with a long pause, followed by less than sufficient answers. Apart from that, Lime FxFX offers you the ability to deposit and withdraw using e-wallet services such as Neteller and Skrill. As the customer service operator pushed me towards it, transferring to some cryptocurrency such as Bitcoin or USDT is always possible. However, Lime FxFX suggests a minimum deposit of $100 for optimal trading experience.
Broker Comparison for Range of Markets
Use it to plan your trading day and choose the best times for opening and closing orders. There is no way you can trade an index directly, but you can trade CFDs on indices with Lime Fx. With them, you can make profits just by correctly predicting how an index is going to change. CFDs allow an indices trader to use leverage, increasing potential profits manyfold. A market index is a score that measures the performance of a group of assets. Major stock indices track a basket of the most important stocks on a certain stock exchange.
New account types offering
If you need an Lime FxFX Islamic account, then these are also available. Here will have an account that is totally Sharia law compliant and benefit from the award-winning service of Lime FxFX in the area. Until recently, the broker had also been regulated by the FCA, however Lime FxFX decided to voluntarily suspend their regulation here due to Brexit until the future situation of the UK becomes clearer. Due to that, we highly recommend Lime FxFX as a great place to copy trade but caution you to remember that due to a limited number of assets, your portfolios can be less diversified. This can result in comparatively bigger movements than a well-diversified holding so is something to keep in mind. For those reasons, our team here at Investingoal is happy to recommend Lime FxFX as a top choice for scalping.
Lime FxFX Mobile Platform
- This feature is a unique offering given that most brokers limit the swap-free period, replace the swap fee with an administration fee, or require you to prove your Islamic faith.
- For example, the NASDAQ 100, one of the leading US indices, consists of 100 stocks traded on the Nasdaq stock exchange.
- The slight difference between ECN and DMA in terms of the liquidity provided is that the typical ECN brokers liquidity providers are not known.
- The MT4 platform has ultra-intuitive charting options and all the most common technical indicators.
- Depending on your location, you may be eligible for an Lime FxFX deposit bonus of 50%.
Use this page to see which trading sessions are currently open and check the exact trading hours for every available asset. Learn about the next important event that can affect market prices and check live quotes for major currency pairs with this simple trading helper. Use it whenever you need a quick glance at the market before opening an order.
CFDs are especially risky with 74-89% of retail accounts losing money due to high leverage and complexity. Cryptocurrencies and options exhibit extreme volatility, while futures can also lead to significant losses. Even stocks and bonds can depreciate quickly during market downturns, and total loss can ensure if the issuing company fails. Furthermore, the stability of your broker matters; in case of bankruptcy, the presence of an effective investor compensation scheme is crucial for protecting your assets.
The Demo Account is a learning tool, and for traders to begin using it, all they need to do is sign up for an account on the Lime FxFX website and build a profile there. Lime FxFX has a global presence, https://limefx.group/ and its traders are located in various regions worldwide. While there isn’t a specific concentration in one location, the broker caters to traders from diverse geographical regions.
You can begin trading and depositing funds into your account once Lime FxFX’s accounts team has finished verifying your data. No, they do not offer its services to traders in the United States. The broker primarily serves traders from other parts of the world but does not operate within the United States due to regulatory restrictions. Overall, this is an excellent hybrid combination that can secure the best market prices, lowest spreads, and fastest trade execution. 4 of these are available for trading through MT4 and this offering includes major indices from the EU, US, Australia, and Japan.
The main advantage of this platform is easier sign up and less hassle when making deposits and withdrawals. But, it must be said that depositing funds and holding your capital with Lime FxFX is definitely a higher risk than trading with other, more regulated brokers. We can tell you that Lime FxFX has segregated accounts, which is the minimum you would expect to see from a broker as you don’t want them to be able to access your funds. They also claim to have highly skilled security engineers and technical specialists to ensure your data is safe. As seen in the module below, we found Lime FxFX spreads to be largely average for major FX pairs, and disappointing for cross-pairs.
I want to open an office to teach trading for the local people by teaching the basics. The only thing I like with Lime Fxfx is the deposit and withdrawal happens within no time. If you are outside the EU, then you will have access to the MT4 Micro account type. Here, if you have a USD base currency account, you can opt for fixed spreads that start at 2 pips on certain forex pairs. There are 35 currency pairs to trade for most traders across the globe, but only 28 pairs are available if you live in the European Union.
Our team is committed to assisting and guiding all our users, regardless of their language or location.In addition, we’re glad to hear that you appreciate our quick deposit and withdrawal processes. It is best to begin with a demo account to evaluate your trading methods. You may also watch our webinars hosted by our trainers and skilled traders on our YouTube page.Once again, thank you for your valuable feedback and for choosing Lime Fx for your trading needs. Please don’t hesitate to reach out if you have any further questions or concerns.Kind regards,Lime Fx Rep.
The minimum deposit on this type of account starts from only $25. You can expect market execution to happen in under 0.1 seconds. The spreads when trading limefx scam here are also kept as tight as possible. The combination oflow spreads and fast execution speeds make this broker a great choice for scalpers.
It eliminates overnight swaps while providing access to the forex market. Lime FxFX may not have a huge market share in Namibia, but the broker nonetheless serves both novice and experienced traders from the area. Subsequently, Lime FxFX is ranked among the Top 50 brokers for Namibia. Dear Khairul Anuar Bin Mohd Ali,Many thanks for using Lime Fx and for your feedback.
This wasn’t good, and we’d like to see Lime FxFX improve greatly in this department. Lime FxFX also offers the chance to trade energy products like Texas Crude, Brent Crude, and Natural Gas. Saint Lucia allows companies to self-regulate as long as they comply with the country’s laws. This means clients with Lime FxMarkets don’t have any form of regulatory protection so you can only trust Lime FxFX operations meet the standards you would hope.