Lime Fx Reviews Read Customer Service Reviews of Lime Fx com
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device,anytime and anywhere you want. In addition, a price chart is also usually provided with some analytical toolsto help you analyze the price movement, so you can increase your profitability by placing well-plannedtrades. Skrill has several licences that permit it to provide its services in Europe as well as globally. Lime Fx is a globally recognised broker with 1,000,000+ clients.
Lime Fx offers 24/7 customer support, and traders can reach out via e-mail, phone, Telegram, or live chat. Lime Fx explains its services well, and I recommend the FAQ section before contacting support. I miss a direct line to the finance department, where most issues can arise. Still, limefx scammers the overall approach to customer support remains excellent. Lime Fx also offers free, easy, and convenient deposit and withdrawal options with a wide range of payment methods, making it easier for traders to manage their funds. Yes, trading through Lime Fx is a nice and decent experience indeed.
Even if no charges have been indicated by Lime Fx, it is best for you to close the account if you’re inactive. Inactivity fees aren’t only charged by broker companies but also many financial services. In general, Lime Fx doesn’t charge high fees in comparison to other online brokers. For operations other agents fee for, they do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for people who regularly exchange, for example daily or weekly trading. However, this doesn’t necessarily mean that online brokers don’t charge any fees.
- Traders can choose from various account types, including Standard, Fixed, and ECN, based on their priorities and trading strategies.
- We have scoured the web to find the best alternatives to Lime Fx.
- Lime Fx is not one of the secure Forex Brokers since it does not hold a license from any worldwide serious Forex authority.
- The mobile apps are convenient yet powerful and offer most of the features available on the desktop versions.
Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. One of the key features of Lime Fx broker is its user-friendly trading platform designed to cater to both novice and experienced traders. Lime Fx is a renowned online broker that provides a platform for traders to access and engage with various global markets. With its commitment to transparency, innovative technology, and exceptional customer service, it has garnered the trust of numerous traders around the world. The proprietary copy trading service, which requires a minimum deposit of $100, presents a quality alternative to the embedded MT4/MT5 copy trading services.
There are plenty of payment options available, including wire transfer, bank cards and electronic payment systems such as Skrill and FasaPay. Lime Fx does not charge for deposits and processing times are instant for all methods, except for bank transfers, which take 3 – 5 business days. The MT4 platform is the forex industry’s top choice for online trading, offering reliability and convenience. The platform is beginner-friendly but boasts powerful and sophisticated price analysis tools for traders of any level. Even though the trading offering might seem attractive, in our opinion, you may find something more interesting among the regulated brokers. But an offshore status of the company does not guarantee the provision of services at the necessary level of client and funds protection.
Trading Conditions
Together with everything, Lime Fx has multiple benefits to new and verteran traders and should be investigated. There is no minimum time over which a transaction has to be kept open. The agents offer premium customer service which rewards clients with advantages. The broker goes to great lengths to understand what dealers want.
Please note, some markets may only be available via CFDs or other derivatives. Typical ECN spreads at Lime Fx start from 0.2 pips for popular pairs such as EUR/USD and USD/JPY. Crude oil spreads are around 3 points and gold is around 21 points. Note that Standard account spreads come in at around 1.5 pips for EUR/USD. MT5 is also available as the Web Trader version, or the downloadable terminal for Windows and MacOS users. We use dedicated people and clever technology to safeguard our platform.
Does Lime Fx accept Skrill?
Financing or overnight rates are those who are billed when you hold a leveraged position for longer than daily. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. limefx forex broker Compare the markets and instruments offered by Lime Fx and its competitors.
Top 3 Forex Brokers
The commission-based ECN alternative delivers competitive costs with raw spreads from 0.0 pips for a $5.00 commission and requires a $200 minimum deposit. Lime Fx offers customizable demo accounts on the MT4/MT trading platforms, but the default balance of $10,000 is high. My review did not uncover a time limit, suggesting that Lime Fx understands the requirements of demo trading. I recommend traders use the demo account registration of MT4/MT5 and use similar settings to their preferred live portfolios for a more realistic demo trading experience. Lime Fx also provides educational resources and support for traders, including trading tutorials to learn forex, webinars, and market analysis.
To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. Lime Fx has four account types, one being a dedicated cryptocurrency trading account. The three commission-based options feature relatively high trading fees, between 1.3 and 3.0 pips or $13.00 to $30.00 per 1.0 standard round lot for a minimum deposit of $100.
Payoneer is an American financial services company that provides online money transfer, digital payment services and provides customers with working capital. Skrill also offers cross-border payments through its remittance services Skrill Money Transfer. It allows customers to transfer money to a bank account in another country by using their credit card. It was in the year 2015 that Skrill has been acquired by Paysafe Group along with former competitor Neteller and prepaid payment provider paysafecard.
Instruments Traded
Swap rates on leveraged overnight positions are also competitive, making Lime Fx an excellent choice for all trading strategies as long as they select the ECN option. This broker offers support for both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) in addition to a mobile application designed for iPhone and Android users. Since its inception, Skrill has expanded to operate in more than 120 countries and has a digital wallet that is available in 40 different currencies. Customers can transfer funds to their Skrill wallet using various payment options including by card, bank transfer, and several alternative payment methods.
You will then be automatically redirected to the trading platform. Both MetaTrader platforms use industry-standard security procedures, including Secure Sockets Layer (SSL) encryption to safeguard data exchanged between servers. Traders can also add two-step verification upon login, which protects against hackers signing in from an unknown device.
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