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It focuses on customer needs, making it a top choice for new and experienced traders. Compared to other brokers who offer more deposit and withdrawal methods available in the market, the broker here is lacking when it comes to the options provided. Lime FxFX offers both written and visual educational materials to its investors. In this part of this Lime FxFX review, I will explain the educational topics that are offered to educate traders of Lime FxFX. The topics range is quite wide and covers everything a new trader might need to learn and all technical topics a professional trader would use to apply a new strategy. Overall it is a professional provider for forex and CFD trading.
Lime FxFX Review – Is Lime FxFX Legit
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If you deposit at least $50 then they will give you half of the initial deposit as bonus funds. Anyone can become a master but you will have to take into account how well you trade. Moreover, if your spreads are too high on the commission then their chance of making a limefx scammers profit is also eroded. You also have full control over the copying process and you can stop following any master as well as close out live trades.
- Lime Fx Markets Incorporated is a well-known forex trading platform.
- They are well known for being one of the best STP (Straight Trough Processing) ECN brokers on the market.
- Luckily, Lime FxFX stands out for keeping their fees and commissions competitive across all their different account types.
- For the most efficient trading experience we will advise you to use their computer based trading software.
- We look forward to serving you and supporting your trading goals in the future!
Lime FxFX Tools
Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, Lime FxFX trading losses are always limited to the current balance of funds in the trader’s account. The effect of leverage on profits and losses magnifies them in both directions. In other words, Lime FxFX leverage profits and losses are magnified when trading. For instance, using CFDs, you use the Lime FxFX trading platform to buy/sell $10,000 worth of Apple Computer Inc.
Can you make money with Lime FxFX?
Thank you once again for your understanding and trust in us.Kind regards,Lime Fx Rep. Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible. With Negative balance protection, traders cannot lose more money than they have deposited. Overall, strict financial regulation is essential for ensuring that trading platforms like Lime FxFX operate fairly, transparently, and responsibly, which ultimately benefits all Lime FxFX stakeholders involved.
Mobile trading:
Additionally, the Cyprus Securities and Exchange Commission (CySEC) regulates Lime FxFX. The Lime FxFX Broker claims to offer competitive spreads, fast execution, and a variety of educational resources for traders. MetaTrader 5 (MT5), offering more than MT4 does, also includes features and trading functionalities that are better than many other online trading platforms available today. This section of this Lime FxFX review will break down the details of the account types offered and the features of each of them and to which type of traders is each account directed or most suitable. The broker’s website, Lime Fxfx.com, has over 12 million trading accounts opened by clients from all over the world. Where the broker is covering 150+ countries with trades in both forex and CFDs.
Lime Fx Trading Features
This was achieved through a pyramid scheme that promised victims the chance to “make” money by recruiting others into the scam. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
- The MT4 platform is developed by the Metaquotes company as third-party trading software.
- What is surprising though is that they have split the platforms according to the account type that you hold.
- You have extensive back-testing capability with this suite of programming tools.
- Lime FxFX has been facilitating trade on the financial markets for over 14 years.
- Apart from that, the platform is also easy to navigate and clean; we very much like the usability of Lime FxFX overall.
- If you want to start copying traders on the platfom then you will first need to create a live account.
- It’s quick and easy – deposits are free and the money shows up in my account instantly.
Exness has a higher minimum deposit of $200, while FXTM requires a bigger investment of $500 minimum to open an account. Now for trading platforms – this is really important for newbies. You want a platform that’s easy to use but also has scammed by limefx the tools you need. Lime FxFX’s cTrader platform is great – customizable layouts, technical analysis tools, and automated trading options.
On forex, precious metals and indices, there are also no commissions. Just super tight spreads starting from 0 pips on certain currency pairs and indices. It’s quick and easy – deposits are free and the money shows up in my account instantly. Lime FxFX also accepts Mastercard, Maestro, and UnionPay cards. Lime FxTrader could be a good choice if you want a modern, user-friendly platform designed specifically for Lime Fx’s trading environment. With so many fly-by-night brokers out there, it’s normal to wonder – is Lime FxFX legit?
The Lime FxFX broker has several licenses, which bring some great benefits for traders. Lime FxFX Holding plc is regulated by CySEC (EU), which can give you maximum benefits. There is a huge potential for limited independent business without any leverage. While not a household name, I’m comfortable with the CySEC keeping a close eye on Lime FxFX. Their oversight helps ensure Lime FxFX operates responsibly as a licensed forex broker. There’s always a friendly agent ready to answer my questions, no matter what time of day it is!