They are thus suitable for the execution of longer-term trading strategies, such as day and position trading. Lime Fx is still a relatively new broker, having been established just a couple of years ago. Hence, the company is still working on developing a strong brand name that is trusted internationally. It is currently licensed and regulated by a single regulatory body – the FSA of Seychelles, which requires brokers to ensure segregated funds and negative balance protection.

Is Lime Fx a good broker?

We pride ourselves on being able to offer a wide variety of assets to trade, and we’re happy that you’ve been able to take advantage of that.🥳Lime Fx ⚡️Empowering traders. A CFD (Contract for Difference) offers the opportunity to traders to speculate on the price movement of different financial assets without limefx broker reviews owning them directly. With a CFD contract you agree to pay the difference between the opening and closing prices of an underlying asset.

The minimum deposit requirement is $50; basecurrencies are EUR, USD, or GBP. Forex traders and other market traders canaccess Lime Fx’s services through the MT4 platform, WebTrader and mobileplatforms. The minimum deposit at Lime Fx is $50 but may be higher for the more sophisticated account types.

Established in 2021, Lime Fx is an emerging CFD broker based and regulated in Seychelles, serving traders globally. The broker offers access to a diverse portfolio of over 300 tradable instruments across major asset categories. Overall, Lime Fx is a reliable broker thatprovides traders with an enjoyable limefx reviews experience.

Note• All spreads are indicative, to view real time values clients should refer to their client terminal.• Live Fixed Spreads during Midnight session (11pm-2am, GMT+2) will be changed to Live Floating spreads. Founded in 2013, Trading Pedia aims at providing its readers accurate and actual financial news coverage. Our website is focused on major segments in financial markets – stocks, currencies and commodities, and interactive in-depth explanation of key economic events and indicators.

Lime Fx’s Trading Fees

Trading forex, stocks and commodities on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The broker provides education opportunities for total novices and traders who want to hone their skills, as its recently added Academy section contains lots of useful information. Last but not least, Lime Fx’s customer support department is up to the highest standards, as the agents are responsive and fully prepared to answer all questions you might have. Cent accounts might be better suited for total novices, and they have a lot in common with live accounts.

Futures

While using the simple and intuitive mobile trading app, you can access expert research, explore technical charts, and view the latest real-time prices. To ensure that its clients will be able to make informed trading decisions and improve their trading skills, Lime Fx’s recently launched Academy service gives them access to webinars, eBooks, podcasts, and videos. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. While I appreciated Lime Fx for having invested time and energy to develop proprietary research content, such as its highly informative video breakdowns, a notable drawback is the lack of third-party content.

The Trustpilot Experience

1. You can choose between Standard, Privilege, Premium, and Cent accounts that all give traders access to CFDS on futures, shares, metals, indices, Forex, and commodities.
2. With CFD trading you are trading the price changes of the underlying asset and it is a more popular way for online traders to partake in the financial markets.
3. Lime Fx does not offer its services to residents of certain jurisdictions such as the USA, Iran, Cuba, Sudan, Syria, and North Korea.
4. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.
5. If traders choose to contact the customer support hosts via live chat, they need to decide if they want to get assistance in English, French, Spanish, Chinese, or Arabic.

That is why I recommend using the mobile app only to monitor your positions’ development and make changes if needed. It could be argued that MetaTrader set the standard for how retail platforms should be organized. In our reviews, we examine the licenses and regulations of each entity operated by a broker. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation.

The platform provides traders with an intuitive experience andadvanced features, such as one-click trading and a range of technicalindicators. Lime Fx also offers educational materials, multilingual customersupport, and four types of trading accounts. With its commitment to delivering state-of-the-art trading software and a seamless CFD-based trading experience, Lime Fx caters to the needs of both beginners and seasoned professionals. At Lime Fx we provide the tools and support to help you develop your trading skills and unlock your potential.

Lime Fx allows its clients to participate in the $6.6 trillion-a-day FX market using the leading MetaTrader4 trading platform. 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 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.

He earned a Bachelor’s degree in Economics and International Relations. Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers. Lime Fx offers a fairly decent range of educational content, providing beginners with a firm basis to further their learning. Multiple written and video materials cover essential topics related to technical and fundamental analyses, as well as the psychology of trading. My analysis indicates that Lime Fx’s fees are above the industry average, and the broker offers limited client protection.

For the most part, commodities markets are open around the clock, so traders can take positions on them 24/5. On the other hand, Lime Fx does not offer any alternative trading platforms and does not incorporate any third-party tools. Moreover, I evaluated its trading fees to exceed the industry average. In my estimation, Lime Fx’s most useful type of educational content is its webinars. They are held frequently in several languages – English, Chinese, Arabic, and Malay.

Traders look for small spreads, since a smaller spread usually means the specific asset is more liquid. On the other hand, assets with a “wide” bid-ask spread can be more costly and time-consuming. The swap or rollover fee refers to additional charges that can be incurred overnight when traders leave trading positions open. The fee is applied by the broker so traders can continue holding a leveraged position after active market trading hours. Lime Fx, operated by Tradeco Limited, segregates client deposits from corporate accounts and offers negative balance protection. Founded in 2021, it lacks the longer operational history of many competitors, but my review found no misconduct on behalf of Lime Fx, which maintains a clean regulatory track record.

Expert advice and help in learning analytics is what I like the most. I’m satisfied not only with trading conditions, but also with educational conditions. Hi Paul,We apologize for the negative experience you had with Lime Fx. Our team is committed to providing the best possible service and we will do everything in our power to resolve this issue for you. Please contact us at so we can assist you further.Lime Fx ⚡️Empowering traders.