Lime Fx Group Review 2024 Trade forex and CFDs with top conditions
However, it’s essential to note that your payment provider may impose its own charges, which are beyond Lime Fx’s control. Withdrawals at Lime Fx are processed using the same methods as deposits, ensuring a secure and convenient process. All withdrawal requests are typically processed within 24 hours, though bank transfers may take a few additional days to reflect in your account. Bank transfers can take a few business days to clear and Lime Fx covers all the charges for bank transfers of $200 or more. Accounts can be opened in a great selection of currencies including USD, GBP, EUR, CHF, JPY, PLN, SGD, ZAR, AUD, HUF & RUB. The various different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.
As always, potential traders should conduct thorough research before making their final decision. Lime Fx generally does not charge fees for deposits and withdrawals, but additional charges might apply depending on the payment method you use. For example, Lime Fx charges fees for deposits and withdrawals via Bank Wire below $200. It’s important to check the broker’s website for the most up-to-date information on deposit and withdrawal fees. Lime Fx offers a choice of accounts to suit different trading styles, budgets and experience levels. European and UK clients, for example, can access the Ultra Low Micro, Ultra Low Standard or Lime Fx Zero accounts.
Global clients, on the other hand, can open a Micro, Standard, or Lime Fx Ultra Low account. The spread at Lime Fx varies depending on the account type and the trading instrument. For the Standard and Micro accounts, spreads start as low as 0.6 pips. The Lime Fx Zero Account offers spreads starting from 0.0 pips, with a small commission per trade.
Lime Fx Group is authorised and regulated by the Australian Securities and Investment Commission (ASIC) and Cyprus Securities and Exchange Commission (CySEC). This helps to ensure safety of client funds and that they abide by strict regulatory standards with the most sought-after regulators. They are also regulated with the International Financial Services Commission of Belize (IFSC) and the Dubai Financial Services Authority (DFSA). These factors combined with a no-requotes and no extra commissions policy ensures that Lime Fx Group are amongst one of the best trading brokers you can trade with in my opinion. While Lime Fx provides accessible support through various channels, diversifying communication channels could enhance the overall customer support experience.
Lime Fx Trading Platform
- The availability of multiple account types, including an Islamic account, ensures that traders can find an account that suits their needs.
- Today, it is one of the most popular online brokers with over 10 million clients from more than 190 countries.
- Hi Abdullah, We take your allegations seriously, but we cannot accept claims of fraud without any evidence.
- These are all promising signs for us that Lime Fx.com is a trustworthy broker.
Lime Fx Group estimate the account opening process to take an impressive 2 minutes to complete. You simply fill out the brief online registration form, verify your email and upload your identification. Once your account has been verified, you are then free to fund it using any of the multiple deposit options and start trading. Lime Fx Group Support is on hand to guide you through the process if need be. I didn’t have any problems opening an account and login on a regular basis without any hiccups along the way. Lime Fx Group give you access to trade a wide range of more than 1000 financial instruments including Forex, Commodities, Stocks, Shares, Indices, Metals, Energies & CFDs.
Tradable Instruments
Lime Fx supports the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, both of which are available on desktop, web, and mobile devices. These platforms offer advanced charting tools, one-click trading, and automated trading capabilities through Expert Advisors (EAs), catering to traders of all experience levels. While Lime Fx does not have a direct FCA license, UK clients can still trade with Lime Fx under its CySEC regulation. UK traders have access to the full range of Lime Fx’s services, including forex, CFDs, and other financial instruments, with the same security and protections as other European clients. It is regulated by multiple top-tier financial authorities, including CySEC in Cyprus, ASIC in Australia, and the FSC in Belize. Lime Fx has a strong track record and is trusted by millions of traders worldwide, making it a reliable choice for trading in various financial markets.
This means that you can enjoy trading all of your favourite strategies and preference of financial markets without any hassle. The broker has a wide range of trading instruments for you to choose from including Forex, Commodities, Stocks, Shares, Indices, Metals, Energies & CFDs. All instruments are available to trade from the same trading account on 16 trading platforms which makes your trading easier and more efficient.
Desktop Trading Platform
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All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Our reviews are conducted by seasoned trading professionals who bring years of market experience to the table. Each limefx forex broker review is meticulously fact-checked and validated by our in-house experts to ensure it meets the highest standards of accuracy and relevance. To withdraw money from Lime Fx, log in to your account, go to the “Withdrawal” section, select your preferred withdrawal method, enter the amount, and confirm the request.
If there has been a misunderstanding, we will do our utmost to resolve it.Lime Fx Team 🚀BIG. 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 industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. There is a very high degree of risk involved in trading securities. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.
This is an excellent selection that I would put up there with some of the best in the industry. However, if you want even more, you could consider TMGM who have over 15,000 or Plus500 with more than 2,000. The Lime Fx Market Overview section is dedicated to the latest market news, research and analysis. You can follow the latest market happenings and discover potential trading opportunities based on technical and fundamental analysis across multiple asset classes.
This extensive range of trading instruments allows Lime Fx clients to diversify their investments, manage risk effectively, and capitalize on a broad array of market opportunities. I know that I don’t always want to wait for days for my funds to clear, especially if there is some major market news that I need to act quickly on to try and take advantage of it. For this reason, I prefer brokers who support digital wallet funding. FXTM have a greater range of online payment options compared to Lime Fx.
Another bonus for us is that the paper trading account does not expire, so you can make use of it alongside your real-money account. That said, demo accounts automatically close after 60 days if there is no activity. MT4 and MT5 are both powerful platforms, built for multi-asset trading. They offer dozens of indicators, multiple charting styles, timeframes and limefx scam order types, plus support for automated trading through expert advisors (EAs) and scripts. In addition, it is one of the few brokers we have reviewed that allows clients to open up to 8 accounts, allowing users to benefit from the perks of different solutions. It the insult of other good brokers I we say Lime Fx is good broker.
To summarize, the broker is committed to educating its traders, but further enhancing and diversifying educational resources would better meet traders’ needs and align with industry leaders. Lime Fx offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms for desktop users. These platforms are known for their comprehensive charting capabilities, technical indicators, and expert advisors (EAs). Traders can have confidence knowing that their investments are protected and that they are trading with a broker that operates under the supervision of respected regulatory bodies.
The broker also doesn’t charge any deposit or withdrawal fees, while third-party bank charges will be reimbursed on international wire transfers over $200. Alternatively, the Zero account offers raw spreads from 0.0 pips with a low commission of $3.50. Again, this is cheaper than most alternatives we have reviewed and will appeal to serious traders. Lime Fx.com offers an excellent breadth of 1000+ instruments, with trading opportunities on popular asset classes, including forex, stocks, indices, commodities and cryptocurrencies. Hello Abjeet, Thank you for sharing your feedback about the demo competition. We understand your frustration regarding the delay in receiving your prize.