Lime Fx Review : Read Before You Trade

Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives. The brokerage company supports automated trading through Expert Advisors on MT4. Lime Fx broker offers a variety of payment methods to answer different demands. From E-wallets to cryptocurrencies, you can choose whatever suits you.

• Meanwhile, the mobile app version of the platform supports trading on the go.
• With floating spreads, you can access more competitive spreads, but these are flexible and could fluctuate according to market conditions.
• It is regulated locally by the Financial Services Authority (FSA) of Seychelles and adheres to some of the main safety requirements in the trading industry.
• We appreciate your feedback and will make sure to share it with the rest of the team.
• The pair of prices shows the best potential price at which an asset can be sold and bought at a specific time.
• Feedback and rankings from authoritative sites like “Trustpilot” on the TradingFinder website assist all traders.

What platforms does Lime Fx offer?

Traders also have access to the broker’s four educational e-books. Contracts for difference (CFDs) are derivatives used to speculate on the underlying asset’s price without physical delivery. For example, a long position on gold would generate profit as the price rises or incur a loss as it falls, all without the need to purchase actual gold bars. One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative. However, as a trader who relies heavily on precise technical analysis, I am highly skeptical of MetaTrader 4. At least when it comes to executing penetrating technical analysis.

Customer Support Test

• The webinars are geared towards beginners, intermediate-level, and advanced traders.
• Hello Nguyen Vanmin,Thank you so much for taking the time to leave this review.
• At least when it comes to executing penetrating technical analysis.
• Its content is diverse and provides a basic explanation of current market trends and developments.
• The website also has a dedicated FAQ section intended to help with more general queries about the broker’s services.
• Traders with highly specific investment preferences might find more tailored options elsewhere.

Hi Daiana Al-Sabah,We love to hear what our customers have to say, and your feedback has been very insightful! Hello Tracie Oliver,We are so grateful that you took the limefx broker reviews time to write this excellent review! Hey Jess Travieso,Thanks so much for your feedback, and we’re happy to hear that you’ve been enjoying our platform! Hello François,We are so grateful that you took the time to write this excellent review!

What is a CFD?

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. However, there is no cap on the maximum retail leverage, limefx broker reviews and no compensation scheme has been put in place. Lime Fx has invested time and energy in developing research materials, which I found quite diverse and unconventional. Its podcast and LiveTV feature are two excellent examples of this, giving traders a unique perspective on currently evolving trading opportunities and market developments. The broker offers demo accounts with $100,000 in virtual funds.

Lime Fxs’ support team is responsive…

Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. When you buy a CFD contract, you speculate on the price movement of the underlying asset. For example, if you buy a CFD on gold, you speculate on the price movement of gold, without owning any actual gold. Tradeco Limited is authorised and regulated by the Seychelles Financial Services Authority with licence number SD029. My experience is similar to many others who have dealt with Lime Fx….missing and lost money, inability to withdraw, scam alerts etc.

The broker operates on a Straight-Through-Processing (STP) basis without a dealing desk. Order requests are transmitted to the interbank level, where Lime Fx’s liquidity providers fill them. As long as there is enough liquidity in the market, all order requests will be filled at varying speeds. One of the best things about MT4 is its simplified order execution.

But even without a bonus, it’s worth just keeping a mundane trading activity. Lime Fx offers more than 300 instruments across several asset classes, including FX pairs, commodities, share CFDs, indices, cryptocurrencies, and futures. The offering is well-balanced and suitable for the execution of multiple trading strategies. I consider the chart screen a platform’s most important feature. It aids technical analysis by providing an overview of price action behavior and allows traders access to a number of analytical tools and chart configuration possibilities. In my view, a good chart should afford easy scaling up and down of price action.