However, when compared to research leaders IG, Saxo, and CMC Markets, Lime Fx has room to enhance its research offering. For instance, I found that the content on the Lime Fx Blog is not updated daily across all categories. For example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status. I was also pleased to see a risk score assigned to each trader, to help users differentiate between traders with historically conservative results versus those that have had more volatility and risk.
What Reddit Users Say About Lime FxFx
Click on this link to confirm that your email address is correct. Bitcoin and cryptocurrencies can be traded on Lime FxFx but not bought outrightly. Coming to leveraged overnight holdings, the broker charges no swaps.
Research Tools Lime FxFX
Founded in 2011, Lime Fx holds a regulatory license in Europe via its Cyprus-based entity – Lime Fx Markets Cyprus Ltd – which is regulated by the Cyprus Securities and Exchange Commission (CySEC). In South Africa, Lime Fx provides financial services to clients through an intermediary, Orinoco Capital, which limefx company reviews is licensed by the Financial Sector Conduct Authority (FSCA). Use your demo account to test new trading strategies or learn how to use certain analytical tools without risking your balance, then use your real account to earn a profit. Opening a MetaTrader 4 Demo Account is the best way for a new trader to check out the platform, get familiar with the tools and learn trading techniques. The account works like a live account, except that it allows you to trade with virtual money rather than real money. Once you feel confident with trading, you can migrate to MetaTrader 5 to get access to even more features.
MetaTrader 4 trade execution modes
- Some of them may not be available within every region or account type.
- The platform can be accessed through Windows, Mac, iOS, or Android, and is an excellent and very well-respected trading platform among the community.
- Lime Fx also covers fees so you may access your moany at any time and receive it relatively quickly.
- With more than 42 million accounts spread across 180 countries, multi-regulated broker Lime Fx provides a wide range of trading options across asset classes.
- Lime Fx shows a dedication to transparency and financial stability for the years it started to operate under more reliable licenses.
- Adding additional regulatory licenses in Tier-1 jurisdictions would be a step toward winning more client trust.
The term leverage is the ability to have access to added funds – margin – when trading financial instruments. Although increasing your margin could boost your market exposure, it also raises your vulnerability to losses. To get started with Lime FxFX, you should be aware of the minimum deposit requirements, which vary depending on the account type you choose. After examining these aspects, you’ll appreciate the robust functionality and versatility offered by Lime FxFX, equipping you with the necessary resources to enhance your trading experience. After reviewing these features, you will likely find that Lime FxFX’s platforms offer the tools necessary for a trading edge.
Web Trading Apps
My experience with Lime Fx’s customer service was largely positive thanks to its 24/7 customer support and impressive AI live chat service. I felt that when I was passed to human agents on live chat it was hit and miss as basic questions were not answered, while other times they were. Lime FxTrader is the most basic option but best for beginners out of the three platforms in my opinion with an attractive user interface.
Most clients with high volume accounts have an adverse opinion about the company. They complain of Lime FxFx being a scam broker, denying them withdrawals and going on to block their accounts. After 324 reviews, Lime FxFx holds a rating of 2.997 out of 5 stars on Forexpeacearmy. The custom-built Lime FxFx mobile trading app features a simple yet functional user interface.
- CFDs on currency pairs, equities, indices, commodities, etc., on the go.
- One area where Lime FxFX stand out is their approach to trader feedback.
- The simple interface of the program ensures quick navigation, which qualifies for both new and expert traders.
- Lime FxFX does, however, cover the global markets, serves customers in over 100 countries and also has offices in Spain, Cyprus and Malaysia.
- The offering to the clients is wide and even comprehensive since it proposes the same if not more investment opportunities to the world trading community.
- It’s worth mentioning that the broker does have a blog and a YouTube channel, yet I was still left wanting more.
Trade with a global broker to achieve your investment goals.
This is also a good risk management strategy, as it doesn’t involve taking on big risks in the hope of limefx broker reviews huge profits. Expert Advisors (EA) help traders make more informed decisions. These flexible software utilities can automatically execute trades and assimilate all the information available on the platform to conduct market analysis and Forex trading. This means you can develop, test, and apply EAs to eliminate obstacles in analytical trading activities. Expert Advisors are written in a proprietary programming language called MetaQuotes Language Version 4. MetaTrader 4 (MT4) provides robust technology and high security, helping users trade without worrying about the platform’s stability.
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