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Lime Fx review

There are plenty of account types limefx scam and payment options to suit all types of traders whilst each client is treated equally. Furthermore, the charitable work they do is very commendable and good for the community. The broker offers industry leading products and services that I think can be a great option for retail and institutional clients alike. I like how they have strict regulation in multiple jurisdictions and are well respected within the industry.

I have been trading with Lime Fx for…

Lime Fx review

Your account should reflect your goals, needs, and ambitions on the market. You should take into consideration several things, such as whether the account type has a minimum deposit limefx broker reviews requirement, what its spreads and commissions are, what the execution method is, and more. Traders can open an Lime Fx account via the online application form, which follows well-established industry standards. It asks for name, e-mail, phone number, country of residence and knowledge and experience. The application also asks traders to select their account type, base currency, followed by the desired password for the back office. Some options depend on the geographic location and account type.

Lime Fx review

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Hello Darren,Please be kindly informed that our sources and the use of clients’ personal data are in line with the worldwide practices for client privacy and data protection. If you wish to have your personal information removed, please contact our team at Lime Fx 🚀🦾Solid Trading. Hi Mary,We are sorry you did not have the great experience we try to give all of our clients and we would like to know more about your experience with Lime Fx.

  1. I always recommend that traders check them before evaluating the total trading costs.
  2. An extensive website section is devoted to trader education, which makes Lime Fx suitable for beginners.
  3. If you are looking for a reliable trading broker with everything that you need in once place and much more, Lime Fx are a top choice.

Brokers operate multiple entities because it allows them to serve clients worldwide. However, licenses obtained by regulators in different jurisdictions do not always entail the same degree of protection. Some regulators mandate compliance with the strictest financial frameworks, whereas others are less rigid. That is why traders need to familiarize themselves with the safety mechanisms ensured by the entity they want to open an account with beforehand. The method you used for depositing funds is also generally the same one used for withdrawals of profits and any remaining account balance. To access this feature, you must apply for a bank withdrawal from your client portal.

We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. This is another area in which the broker really excels in my opinion. You will find that they have an excellent variety of convenient deposit and withdrawal methods to meet everyone’s needs. Some clients may find the online payment processors more convenient and faster. I personally use digital wallets as they allow me to move my funds around faster.

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SSL encryption also secures all transactions and customer data. Our team were also pleased to see that the broker offers negative balance protection, meaning traders cannot lose more than their account balance. The software is considered one of the best in the industry, especially for forex trading. It is geared towards beginners and intermediates, promising easy-to-use features and straightforward portfolio management.

Traders can build custom watch lists to navigate Lime Fx’s multiple instruments, while charts can be populated with multiple technical indicators and drawing tools. We performed our tests on a No Commission account using the MetaTrader 4 desktop platform and its mobile app. The account was opened with the Notesco Limited entity of the broker.

The platform certainly deserves…

Also, the broker charges a sizeable 3% of deposited funds when withdrawals are requested during periods of inactivity. Our editors independently research and recommend the best products and services. You can learn more about ourindependent review processand partners in ouradvertiser disclosure.

Our broker ratings are also informed by the experience of our researchers during the evaluation process. Minimum EUR/USD spread is listed at 0.7 pips while average spread is listed at 1.2 pips. These numbers may be deceiving, given the broad variety of accounts, fees, and routing choices. Spreads drop significantly on major Forex pairs between Micro and VIP tiers but minor pairs show no variation.

The products listed above represent only a partial list of the more than 300 CFDs, futures and other assets that you can trade at Lime Fx. An FX withdrawal takes between one and ten business days, dependent on the payment processors and the geographic location of traders. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-free Absolute Zero account. If you have experience trading with Lime Fx please share your personal review of the broker and what you think are strong and weak points. Compare the markets and instruments offered by Lime Fx and its competitors.

I have had so many bad experiences with…

From beginners to seasoned pros, we’ve got you covered.😎 And don’t forget, our support team is always here to lend a hand whenever you need it. The reputation Lime Fx has gained among traders is astonishing. The selection of the account types is like no other broker, one would have trouble choosing which one to choose since few of them seem very attractive.And most importantly this broker is safe and reliable. Hello Fedde, We’re delighted to hear that you appreciate our account options!

Our diverse range of account types is designed to cater to various trading styles, and we’re thrilled that you were able to identify the right fit for your intraday trading with RSI and moving averages. If you ever have more insights to share or if there’s anything else we can assist you with, feel free to reach out. TradingBrokers.com aim to provide unbiased broker reviews. Rates, terms, products and services on third-party websites are subject to change without notice.

You have to scroll through the entire list of available instruments in order to find the asset you are looking for, which I find tedious and unnecessary. In our reviews, we examine the licenses and regulations of each entity operated by a broker. This allows us to compare their different levels of protection. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation.

Luke Jacobi is a distinguished professional known for his role as President at Benzinga, a renowned financial media outlet. With a background in business operations and management, Luke brings valuable expertise to his position, overseeing various aspects of Benzinga’s operations. His contributions play a crucial role in the company’s success, ensuring efficiency and effectiveness across different departments.