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Therefore, traders can download the desktop app for Windows and Mac and enjoy all the perks this software gives. lime fx trading platform is the most popular software nowadays, MT5. Also, the platform is available as a mobile and desktop app and as a WebTrader. While WebTrader is easier to use, it has fewer features than an MT5 app. Additionaly, you may end up with an offshore one and be given all different perks and trading conditions. As So Called Account manger makes 10% or more on our deposit.
We hope that after you have created a Live Account, you will enjoy working with us and be able to use our full benefits of services. We are happy to know that our company has left a positive impression on you. The task of our team is to help, educate and suggest strategies. We are once again sorry for the bad experience You, unfortunately, had with our company but we strongly believe You will find success somewhere else. We are sorry to hear that You think that we scam people, but this is a false accusation.
Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. I am in the process of contacting the Cyprus FCA, and financial ombudsman of Cyprus, to look into my case, and hopefully stop these people from trading, and scamming anyone else. Beware in the U.K.,as they also have a temporary licence to ply their trade in the U.K.,although I have also alerted the FCA in London of their modus operandi. There are a lot of brokers out there operating under fake company names or that have other fraudulent operations. A little bit of preliminary research can go a long way in protecting you and your finances. The first step to protecting yourself from fraudulent parties online is to do thorough due diligence on the companies and entities that you are planning to send the funds to.
That being said, I have to outline how the absence of swap rates makes lime fx an ideal broker for leveraged traders who hold positions for more than a week, where trading costs drop to the best industry-wide. When it comes to trading fees, things get a bit complicated at lime fx. The spreads on all assets, and limefx official site the commissions for equity CFDs, are very high, making lime fx an expensive broker for scalpers and short-term traders unless they have a minimum of $25,000 to deposit. Support is available 24 hours and clients can either send an email, call support, or engage with customer support via a live chat feature.
My reviews keep getting deleted
Comparebrokers.co needs to review the security of your connection before proceeding. Instead, the firm provides the successor platform, MT5. Yes, you can trade crypto and CFDs on commodities, indices, and shares with a lime fx broker.
The account holder is responsible for the trades placed in his/her own trading account, since you are the only one that has access to the account. If you may need any further clarification please contact us at Best Regards, The Compliance Team. lime fx is an established and trusted broker, while a trader may not be satisfied with the results of his/her own trading, that does not mean they were not treated fairly by the service provider. Trading forex does carry a high level of risk and the investor must be aware that they could either profit or lose their invested capital.
Nevertheless, they have given me insight on how to trade better with better assets. It appears to be one of the industry’s most promising brokers, established itself as a leader in the retail https://limefx.biz/ sector in recent years. To process the transaction via major credit/debit cards, Skrill, Neteller, and Bank Wire transfers. Payment methods vary depending on the entity you are trading with.
Also, the market offering is limited to FX and CFDs. Based on our expert opinion, Legacy is a reliable broker with good regulation. The broker offers good trading conditions with a wide range of instruments. I’ve been following your signals before some days .,all his signals were on point and in profit.
Is lime fx real?
While it remains within a reasonable range, traders must deposit $3,000 for access to stock trading. This makes lime fx more expensive to get started with, but the lack of swap rates makes it a broker worth considering for traders who can afford the required minimum deposit. I had been told I get a mentor and $250 is enough to trade with. I got Steven who was arrogant and from day 1 told me my capital (almost $470) is not worth his time. He called everyday and asked for more capital as apparently my account wasn’t worth his time.
I prefer more client protection in the form of a compensation fund, but overall, lime fx presents a secure trading environment. The asset selection remains average, and while spreads and commissions are high, the lack of swap rates results in a competitively priced broker for traders who maintain positions for more than five trading days. DailyLimeFx 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.
Beginner traders without existing MT4 solutions will not miss MT4, and I like that lime fx offers the Autochartist plugin for deposits above $1,000. MT5 has a built-in copy trading service and full support for algorithmic trading but notably trails MT4 in both categories. Equity traders should also consider the absence of swap rates and the positive impact on trading profits. Since equity traders generally keep positions open for longer than Forex or commodity traders, I highly recommend traders ignore the 0.45% commission at lime fx and account for the lack of financing costs. It can add up to hundreds or thousands in saved trading costs.
User Reviews
Variable spreads for major forex pairs such as EUR/USD start at 1.6 pips with the Silver account. Spreads get tighter with the Gold and Platinum accounts, going down to 0.6 pips. Fixed spreads are around 3 pips for EUR/USD with the Silver account. All assets are commission-free, except for stocks where charges range from 0.15% to 0.45% depending on the account. Besides the initial deposit, accounts differ in access to different trading assets and the provided education.
- lime fx is reachable if needed, but most traders should never require this service.
- I’ve been following your signals before some days .,all his signals were on point and in profit.
- Each of the account types brings a particular possibility for your trading strategy while allowing beginning traders, investors, or professionals to find their own way in trading.
- lime fx‘s website clearly states that withdrawals to credit cards can only be in the amount of the deposit from that particular card; the remainder will be wired to the client’s bank account.
lime fx Overall Ranking is 8.3 out of 10 based on our testingand compared to over 500 brokers, see Our Ranking below compared to other industry Leading Brokers. Please be warned that scammers do not always have to be companies, but can also be individuals presenting themselves as part of our operations. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation. Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.
Is lime fx regulated?
Customer support is available Monday through Friday between 0800 and 2400 (GMT+3). lime fx provides its registered office address in Vanuatu, an official phone number in Switzerland, a messenger with a UK landline, e-mail addresses, a web form, and live chat. An FAQ section answers some questions, and I recommend live chat or phone support as the most convenient contact method if traders require assistance. Beginner traders get numerous educational tools, and lime fx claims to lead in knowledge. Most remain ultra-short, just enough to introduce the topic without providing really deep insights. Eleven ebooks are also available, following the same principle as the video content.
negatives
It worked well for a month – and slowly I began to develop trust with the senior trader. Main tool and a very powerful one in the lime fx business strategy is – education, which attracts new traders and gives a great opportunity for both parties. Is designed to monitor and optimize your entire trading process by offering broad functionality. MetaTrader5 is an institutional multi-asset platform offering outstanding trading possibilities and technical analysis tools.
Local restrictions /Cross-border services
The Financial and Consumer Affairs Authority of Saskatchewan issued an official warning against the offshore entity of lime fx and its owner, An All New LimeFxs Ltd. While we agree that the CySEC-regulated limefx website entity is entirely legitimate, we question the issue of the offshore brand. To begin with, lime fx Forex brand is owned by A.N. Allnew LimeFx Markets and holds a CySEC regulation.
