Hi Catherine Lovett,Thank you for sharing your positive experience with Sunny. Compared to other brokers, Lime Fx offers relatively higher leverage than other brokers. It’s important to note that leverage in trading acts as a double-edged sword, enabling traders to potentially magnify their profits if the market moves in their favor.
Lime Fx deserves more rates in my point of view. Lime Fx has a rating of 4.5 stars from 97 reviews, indicating that most customers are generally satisfied limefx courses scam with their purchases. Reviewers satisfied with Lime Fx most frequently mention tight spreads, customer support and trading conditions. Lime Fx ranks 9th among Currency Trading sites.
However, leverage also magnifies losses if the market moves against them. The minimum deposit to open an account is $350. Deposits are free and instant, but clients might need to pay third-party charges depending on their payment method.
Hello YGutiérrez,We are so grateful that you took the time to write this excellent review! Hello Rachael Ford,We are so grateful that you took the time to write this excellent review! We pride ourselves on being able to offer a wide variety of assets to trade, and we’re happy that you’ve been able to take advantage of that.
The Trustpilot Experience
- I got my value for money in terms of fees paid to this broker.
- Regardless of your trading proficiency, our platforms empower you to delve into diverse market prospects seamlessly.
- Hello Evelyn Franklin,Thank you for your positive feedback!
- It can be used for automated trading via EAs, basic technical analysis, and simple order execution.
- Then having a cent account which gives real life experience but minimum risk was the confirmation I needed that this was my broker.
You should assess whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. NBP helps protect traders against large losses in case of sudden market movements. It functions as a mechanism that prevents the account balance from going into negative figures, ensuring that traders don’t end up owing money to the broker. Like most brokers, Lime Fx charges swap fees for long and short positions that remain open overnight. However, the broker offers a swap-free account option for Islamic traders who want to trade but cannot earn or pay interest due to their religious beliefs. Lime Fx offers both fixed and floating spreads, and these may vary depending on the type of trading account and the market conditions.
Lime Fx’s commitment to trader enrichment is manifested through its extensive range of educational resources. From novices to experienced traders, everyone can leverage webinars, podcasts, and limefx broker reviews a variety of video-on-demand services to enhance their understanding of the financial landscapes and refine their trading strategies. Dear Ghani Khelifi,Thank you for your review. Our customer support team is committed to providing our clients with the assistance they need, and we appreciate your feedback. Hi Conrad Bowen,Thank you for your positive feedback!
The interface of the terminal is simple, with limited features offered. Liquidity issues are obvious and are directly related to leverage and financial losses incurred by clients. Stability in the terminal is poor, and there are significant delays in order execution.
How to Withdraw Funds from Lime Fx ?
Lime Fx does not apply any fees for withdrawals. After logging into your account, you will see the main navigation menu on the left side, allowing you to access your dashboard and various platform features. After submitting the registration form, Lime Fx will review your application. Once approved, you’ll need to verify your identity and make your first deposit to begin trading. While leverage can significantly enhance trading profits, it’s essential to remember it carries high risks, potentially leading to rapid losses and total capital depletion. Clearly, Forex trading is the primary focus of Lime Fx’s educational content, reflecting its strategic emphasis on this asset class.
- However, our tests showed that it charges above-average trading spreads.
- Once approved, you’ll need to verify your identity and make your first deposit to begin trading.
- Companies on Trustpilot aren’t allowed to offer incentives or pay to hide reviews.
- The interface of the personal cabinet is similar to the official website.
- Interestingly, despite offering cryptocurrency trading, Lime Fx does not actively promote this service.
However, I consider it cumbersome and not the best choice for analyzing price action. The market is continually evolving, marked by periodic surges and declines in volatility. For this reason, staying on top of the latest market developments is crucial, a task made simpler through the mobile app version of MT4. After 12 calendar months of account inactivity, the broker charges a yearly inactivity fee of $50. A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates.