The Lime Fx Demo account does not expire and is available without limit. Lime Fx offers customer support through various channels, including live chat, email, and phone. Lime Fx, formerly known as Lime FxFX, is a global online broker providing access to various financial markets, including forex, CFDs, and commodities.
These platforms provide robust charting and a wide range of order types and enable automated trading. The web-based Lime FxTrader platform is a beginner-friendly and convenient alternative. The trust score came in low, largely because the Lime Fx Markets Inc. entity is unregulated. However, the European entity of Lime Fx is regulated by the top-tier Cyprus Securities and Exchange Commission (CySEC). According to the broker’s website, clients have negative balance protection, and client funds are segregated from the company’s operating funds. I have been trying to withdraw from Lime Fx and the answer i have been asking everyday is «our finance team is working on it.» There is no progress.
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It is great to see the broker supports clients with different religious beliefs although this is pretty standard nowadays. Account registration with Lime Fx is straightforward and user-friendly, allowing new traders to quickly set up their accounts and begin trading with minimal hassle. The information provided by the applicant must be accurate, relevant, and up-to-date. After choosing a platform, the applicant will press continue to finalize account creation. Lime Fx fully complies with international legislation and regulation standards and guarantees fund security and negative balance protection to its clients. Lime Fx makes use of segregated accounts to protect their clients’ funds coupled with negative balance protection.
What Demo Account Does Lime FxFX Offer?
Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker limefx industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. Further researching the deposit options, we concluded that bank transfers and credit cards were entirely off the table for Australian traders trying to get funds into their accounts. And more than likely, it’s a no-go for wherever you may be located.
Lime Fx has struggled with pricing in the past, but has vastly improved in this category and is now gaining on the lowest-cost MetaTrader brokers. In addition, Lime Fx boasts no slippage on 97.5% of its executed orders, and no overnight carry costs, yet has restrictions in place that can hinder high-frequency traders. Lime Fx has made great strides with its pricing options for traders and its educational content, but suffers from a limited range of tradeable instruments. Uniquely, the company hosts regular webinars, with topics such as Fibonacci analysis, trading psychology, and broadcasts where you can watch one of the company’s traders for an entire trading session. Lastly, you can trade 30 different cryptocurrency CFDs on the Lime FxFX platform. These include all the most common cryptocurrencies, but looking at the live quotes, they were wide, we’re not sure we’d ever want to trade crypto on this platform.
To read the fine print, traders can find the Customer Agreement in the footer of the website. The About Us page does a good job of sharing the company’s mission and history through a series of milestones over the years. The economic calendar displays a list of up and coming financial news releases including the country and level of impact. You can also see the actual, forecast and previous results of these releases. The calendar has advanced filters to only show news that is relevant to you.
To trade you can choose between MetaTrader 4 and MetaTrader 5 trading platforms, both platforms are excellent options but many brokers in the market offer these options. When we used the Lime FxFX app, it was easy to integrate an existing MetaTrader profile into the branded app. You can set SMS price alerts and app notifications of market movers.
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Dear Usman Bhatti,Thank you for your feedback and for being with Lime Fx for the past eight months! We’re glad to hear that your experience with deposits and withdrawals has been smooth.We appreciate your concerns regarding Mastercard withdrawals and spreads during news events. Your insights are valuable, and we continually strive to improve our services. While Mastercard withdrawals may be limited, we’re actively exploring options to enhance our payment methods. Please update this review with your email or trading account number so we can check it further. Regarding spreads during news events, we’re working on providing the best possible trading conditions, and your feedback helps us identify areas for improvement.
- Lime Fx offers barely 277 tradeable instruments, which varies by platform, with the most on its MT5 offering.
- Additionally, it uses SSL-secured encryption to safeguard your financial transactions and personal data.
- Lime Fx offers the MetaTrader 5 mobile app for mobile trading, which is available for Android and iOS.
- Users from all over the world have traded in the financial markets using our platforms and mobile apps.
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Client funds are held in segregated accounts in accordance with international regulation standards. Keeping funds separate from the company funds means that they cannot access them for any other purpose. Lime FxFX offers negative balance protection, so if your balance becomes negative, they will automatically adjust it to zero. The risk management system ensures that clients cannot lose more than they initially invested as risk is limited only to the funds you have deposited into your account. Lime Fx is a well-established Forex Broker with an Impressive offering. Lime Fx offers customer support through various channels, various educational resources, and, negative balance protection to ensure that traders cannot lose more than their account balance.
This can be a good solution for those of you who don’t have the time or knowledge to trade manually. However, there can be no guarantee on how good or bad the signals limefx scam will perform. I personally like to maintain full control over my trading as I feel like you can become a better trader in the long run when you learn from your mistakes. When choosing a broker, regulation is one of the first things that I look for.
For this reason, Lime FxFX is one of the better choices if you require a Sharia-compliant Swap Free Islamic Accounts. Some of these educational webinars could be useful, but they are only really suitable for absolute newbies.If you want advanced trading education, look elsewhere. We think it is odd that Lime FxFX does not have an email or phone contact and we thought their live chat could be more knowledgeable. This wasn’t good, and we’d like to see Lime FxFX improve greatly in this department.
These include the SP500, Nasdaq, French CAC40, and Australian SPI 200. Lime FxFX is also registered as a company in Saint Lucia, and its trading name is Lime FxMarkets. Lime FxFX only has a spread-only account, meaning no commissions are charged in addition to the spread. If you have experience trading with Lime FxFX please share your personal review of the broker and what you think are strong and weak points.
If there’s anything else we can assist you with, please don’t hesitate to reach out to us via live chat or email us at you for choosing Lime Fx, and we look forward to serving you even better in the future! We are thrilled to hear about your positive experience with Customer Support team and your ongoing satisfaction with Lime Fx. We’re committed to providing excellent trading conditions and supporting you every step of the way. We wish you continued success in your trading journey.Kind regards,Lime Fx Rep. Dear Prasanna, Thank you for sharing your experience and for choosing Lime Fx!