This commitment to ongoing accuracy allows us to provide our readers with the most current and relevant information available. Lime Fx is committed to safeguarding client funds and ensuring a secure trading environment. Client funds are kept in segregated accounts, separate from the company’s operating funds. This segregation of funds ensures that even in the unlikely event of the broker facing financial difficulties, client funds remain protected and cannot be used to cover the broker’s liabilities. Additionally, Lime Fx employs advanced encryption technologies to protect client data and transactions, ensuring that personal and financial information remains secure.
For this reason, staying on top of the latest market developments is crucial, a task made simpler through the mobile app version of MT4. My live testing indicates that Lime Fx’s swaps are average to high compared to the industry benchmark. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.
All reviews
It’s compatible with most web browsers and operating systems, offering a convenient and seamless trading experience for those who prefer trading from different devices or locations. Our meticulously crafted trading environment encompasses competitive spreads, rapid execution, and a rich array of products, empowering our traders to navigate the markets with assurance. This reflects Lime Fx’s unwavering focus and dedication to offering a holistic and top-tier trading product.
Lime Fx offers a variety of account types tailored to meet the diverse needs of its clients, ranging from beginners to experienced traders. Each account type is designed with different features and benefits to cater to various trading styles, risk appetites, and investment levels. Lime Fx places a strong emphasis on providing reliable and responsive customer support to ensure that traders have access to assistance whenever they need it. The broker offers multiple contact methods and strives to address queries and issues efficiently. Overall, Lime Fx’s fee structure is designed to be both competitive and transparent, making it an attractive choice for traders looking to optimize their trading costs.
The broker supports MetaTrader 4 and has developed the TradeCopier service for copy trading. I appreciated Lime Fx’s investment in comprehensive educational materials and high-quality market research. Broken by asset class and compared limefx scammers to the industry average, Lime Fx offers an average number of share CFDs and a high number of currency pairs, commodities, indices, and cryptocurrencies. Although I recorded extremely favorable spreads on Bitcoin, Lime Fx’s spreads on other popular instruments exceeded the industry average during my tests. To balance this, the broker charges a low inactivity fee and does not impose fees on deposits or withdrawals. I opened a Standard trading account with Tradeco Limited and performed my tests on the desktop and mobile app versions of the MetaTrader 4 platform.
Trading Fees
Yes, Lime Fx is suitable for beginner traders, offering user-friendly platforms, educational resources, and a demo account to help new traders learn and practice. Yes, Lime Fx offers negative balance protection, ensuring that clients do not lose more than their account balance in volatile market conditions. Lime Fx offers competitive spreads starting from 1.2 pips on Standard accounts. Spread rates may vary based on market conditions and the type of account selected.
Lime Fx offers the MetaTrader 4 (MT4) platform which is famous for its advanced charting, automated trading, and technical analysis tools. The broker also has its WebTrader version for traders who prefer browser-based trading. With instant access to 300+ instruments across multiple asset classes, quality execution, advanced online trading tools, limefx forex broker and trading systems, we provide everything to meet your trading needs. We continuously monitor changes in broker offerings, regulations, and market conditions to ensure our content remains up-to-date.
- Connect to your MT4 trading account from any global location with Lime Fx’s WebTrader, eliminating the need for any downloads on your devices.
- Alongside charts, trading signals and technical indicators that allow automated trading, traders can download MT4 for Android, Windows, iOS, and macOS.
- Traders can easily log in using their existing account credentials, place trades, and manage their portfolios directly through the intuitive and user-friendly Lime Fx mobile app.
- Our reviews cover a broad spectrum of factors, including regulatory compliance, asset diversity, trading conditions, and user experience.
- Lime Fx also publishes market breakdowns on its YouTube channel.
This Lime Fx review highlighted that it is an all-round broker for both beginners and advanced traders. The company’s security, financial assets index, and competitive spreads make it a good choice for market participants. Copy trading through TradeCopier and advanced trading tools can make the trading experience even better. Lime Fx offers the MT4 WebTrader, which enables traders to access their accounts directly through a web browser without needing to download any software. The WebTrader provides all the essential features of the desktop version, including advanced charting tools, automated trading options, and fast order execution.
“The fees are attractive”
- The broker is operated by Tradeco Limited and offers negative balance protection.
- In addition to direct support, Lime Fx offers a range of educational and troubleshooting materials, such as platform guides, video tutorials, and a help center, which traders can access at any time.
- Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity they choose to open an account with.
- Lime Fx offers access to over 300 financial instruments for online day trading across various asset classes.
Our relentless pursuit is to sculpt the zenith of trading experiences for you. We incessantly refine our offerings, enhancing the modalities through which our clientele interact with financial markets, ensuring a seamless and enriching trading journey. Lime Fx is a relatively new online broker providing trading services across multiple financial markets, including FOREX and indices. Lime Fx offers a demo account that introduces traders to the broker’s services and allows them to tweak their strategies in a risk-free environment. The market is continually evolving and never static, so it is important to hone your skills in a safe environment.
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.
Lime Fx is a Seychelles-based Forex and CFD broker established in 2018. It operates under the brand name of Tradeco Limited and is licensed by the FSA (Financial Services Authority of Seychelles). PU Prime allows withdrawals while positions are open, provided sufficient free margin is available. Once registered, prepare the necessarysupporting documents to complete the verification process and activate your trading profile. Here’s a balanced look at the Advantages and disadvantages of trading with the broker.
I discovered that Lime Fx offers three commission-free trading accounts with floating spreads. The broker has a 100% margin call and a 20% stop-out level, protecting its clients against the dangers of a complete account wipeout. Lime Fx could improve its account offering by adding a raw spread account. Day traders can benefit from Lime Fx’s robust market research, including featured trading ideas by Trading Central and a diverse assortment of tradable instruments. However, Lime Fx’s spreads generally exceed the industry average, and it does not offer a raw spread account. Lime Fx offers 26 futures contracts on currencies, commodities, and indices, which is beneficial for longer-term traders.
Our overall assessment of Lime Fx is mixed, and we strongly advise traders to proceed cautiously with this broker. After logging into your account, you will see the main navigation menu on the left side, allowing you to access your dashboard and various platform features. Additionally, the dedicated Lime Fx mobile app allows traders to manage their portfolios and execute trades easily on-the-go.
