I wanted to find a good and reliable borker and I think everybody knows sometimes it’s impossible to do it. However, I came across Lime Fx reviews on trustpilot.com and to be honest I was quite impressed how many traders were sharing their experiences with this company and of course I decided to join them. It seems Lime Fx has a great reputation in the trading circles and it’s adimrable.
A series of 24 analytical objects, from lines, channels, geometric shapes, as well as Gann, Fibonacci and Elliott tools will add precision to you trading. Plus, you can access financial markets news and enjoy free mobile chat and email to communicate with other traders. The difference between the bid and ask prices is called “the spread.” The spread is the cost of trading a CFD. Traders look for small spreads, since a smaller spread usually means the specific asset is more liquid. On the other hand, assets with a “wide” bid-ask spread can be more costly and time-consuming.
Markets
When you buy a CFD contract, you speculate on the price movement of the underlying asset. For example, limefx if you buy a CFD on gold, you speculate on the price movement of gold, without owning any actual gold. This website is not directed at EU residents and falls outside the European and MiFID II regulatory framework.Please click below if you wish to continue to Lime Fx anyway. 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.
Explore a secure trading environment with fast execution speeds and no requotes. With over 3 decades of capable reliability, the MetaTrader 4, also known as MT4, is an online trading platform used by both beginners and experienced traders. It is without a doubt the world’s most popular trading platform due to its use of ease, intuitive features and automated trading ability, providing everything a trader needs to succeed in online forex trading. Lime Fx, established in 2018, is a well-regarded online trading platform, regulated and authorized by the Seychelles Financial Services Authority. Lime Fx boasts a diverse array of strengths, including a robust offering of over 300 instruments across six asset classes, granting traders unparalleled flexibility.
The availability of some of these banking methods depends on the location of traders, so the list of options they will get to see when they access their accounts might differ. The brokerage firm allows its clients to trade on stocks with zero commission and from as low as 0.1 shares. Customers can trade shares in either direction, long and short, meaning that they will be allowed to speculate on price falls and rises. Due to regulatory restrictions, Lime Fx does not accept customers from several jurisdictions, including North Korea, Sudan, Cuba, Syria, the US, and Iran.
Traders who are looking to bring greater diversity to their portfolios and want to hedge risk are given a choice from a number of commodity options. Due to their low or negative correlations, CFDs on commodities provide lots of attention-grabbing trading opportunities. For the most part, commodities markets are open around the clock, so traders can take positions on them 24/5. With Lime Fx, you can access competitive spreads with both our Live Floating and Live Fixed accounts. Fixed spreads allow you to trade with predetermined and steady spreads without worrying about sudden changes. With floating spreads, you can access more competitive spreads, but these are flexible and could fluctuate according to market conditions.
Cunningham Trading Systems, LLC
Any rates, terms, products and services on third-party websites are subject to change without notice. It’s essential to note that the same payment method used for deposits must also be used for withdrawals. This is a common practice to ensure compliance with anti-money laundering regulations and is in line with industry standards. In the case of no activity, including funding or trading, within one year, the company reserves the right to charge an annual administrative fee of $50 (or currency equivalent).
How does CFD trading work?
Sometimes, the bid-ask spread can widen due to lack of liquidity or market volatility since traders will either avoid paying more or accepting less than a specific threshold, when buying or selling an asset respectively. There limefx reviews are a range of trading platforms available, including online platforms which operate on desktop, or platforms which run on mobile apps. While no trading platform is entirely risk-free, Lime Fx’s commitment to regulation, transparency, and client protection contributes to its reputation as a safe and reliable choice for traders. The time it takes to process withdrawals can depend on the chosen method and other factors, and traders should consider their individual needs and circumstances when selecting the most suitable option for their transactions.
Lime Fx Mobile Trading App:
Premium accounts have a lot in common with Standard accounts, and one of the best things about this account type is that traders will get complete access to all trading instruments the broker provides. In the process of choosing a trading platform or trading app to suit your particular needs, ensure you conduct thorough research. Learn as much as you can to become well-informed on what trading will entail. Access a wide variety of educational resources to increase your trading knowledge. Build a trading plan, and into this incorporate an effective risk management strategy, to help you achieve successful trading outcomes. Then pick a broker and a trading platform that will help you achieve your objectives.
- Any rates, terms, products and services on third-party websites are subject to change without notice.
- Lime Fx offers a versatile choice of spreads, which can cater to the distinct preferences of both novice and professional traders.
- Each of these platforms caters to different trading styles and preferences.
- MT4 works correctly, I just inserted my credentials and connected the acc to the terminal.
- Last but not least, Lime Fx’s customer support department is up to the highest standards, as the agents are responsive and fully prepared to answer all questions you might have.
Additionally, the broker does not target residents of EU countries where it is not licensed. Hello Mathieu,We are so grateful that you took the time to write this excellent review! Hello Thiago,We are so grateful that you took the time to write this excellent review! Hello Félix ,We are so grateful that you took the time to write this excellent review!
Since traders will speculate on the price movements of these precious metals with CFDs, they will not take physical delivery of the underlying asset. Whatever traders’ level of experience is, they are sure to find a platform that meets their requirements as Lime Fx gives its clients a choice from trading platforms like MetaTrader 4, WebTrader, web and mobile trading apps. The biggest advantage of mobile trading is simply the ease of access to your trading account.
Privilege Accounts
Traders can use the demo account for as long as they prefer as there is no limit on the time it will be valid for. When clients of Lime Fx are ready to switch to a live account, they should get ready to undergo a verification of their identity. It should be noted that the payment method traders will choose when depositing funds to their accounts should also be used when they want to withdraw their funds.