Dear Ahmed Basil, We sincerely regret the distress this situation has caused you. We understand how upsetting it must feel, especially after you reached out to our live chat for clarification before trading. This means your Personal Area will remain blocked and won’t be restored.In addition, we strongly recommend you refrain from opening new accounts with the Company. Additional security checks may also apply, which can significantly delay case resolution.That being said, we want to clarify that our clients are welcome to use any trading strategies except arbitrage.
Forex Brokers
It is specially offered when the industry volatility keeps clients from allowing their accounts go in the red. In a situation like this, Lime FxFX provides the ability to reset a customers account balance to zero. It has over 30,000+ registered customers and over 11 years of limefx company reviews expertise on its own record. They’re among the world’s leading trading platforms and also a dominant figure in the Fintech revolution.
Still, the chosen payment method and geographic location could determine the real-time for money to get to the trader’s account. The mobile app is also offered for both platforms, while apps are simple to use and offer a wide range of tools at the same time. MT5 mobile offers various charting capabilities and customization which is fantastic for mobile trading along with full management of your account.
- However, note that Lime FxFX operates under limited regulatory oversight.
- Our team spends thousands of hours per annum researching brokers and gathering information about them to help investors all over the world to choose reliable companies and to avoid fraudsters.
- The dashboard, or client portal, provides relevant information and tools regarding the account.
- However, one should also consider Lime FxFX’s fee structure and the requirements to access certain features, such as the VPS service, which requires a $500 initial deposit and a monthly trading minimum.
You can further benefit from one click trading, the ability to order directly from charts, and regular price alerts. You can access strategies to follow through the community forums and program your own with MQL5 and C# fully supported. The slight difference between ECN and DMA in terms of the liquidity provided is that the typical ECN brokers liquidity providers are not known.
But if you need help or have questions, you can easily reach the Lime Fx customer support team through live chat. This feature is available on the mobile app, social media channels, email, and their website 24/7. MetaTrader 4 (MT4) makes digital trading easy with lots of tools to choose from.
Withdrawal processing time can be up to 3 hours, depending on the method chosen. Lime FxFX is regulated by both the FSCA and CySEC, ensuring compliance with financial standards and regulations. For instance, Lime Fx’s clients in the European Union get watched over by the Cyprus Securities and Exchange Commission (CySEC). We couldn’t leave this review without highlighting some areas where the broker could improve. Lastly, anyone looking for an automated trading strategy can utilize the cTrader automate to help you develop custom robots. This has an extensive baak-testing capability with its suite of tools.
Moreover, limefx review you can even gain access to a huge selection of educational resources and assistive material to kickstart your trading expertise. If trading forex pairs is of interest to you then Lime FxFX offer over currency pairs. Generally, Lime FxFX doesn’t charge high fees in comparison to other online brokers. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for people who often exchange, for example weekly or daily trading. Lime FxFX are a professional brokerage that has been operating for over 11 years.
Why traders choose Lime Fx
- For other trading platforms, the inactivity fee is contingent on the sort of account you have selected.
- The monies Lime FxFX accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
- A fantastic broker can use your first investments and help to protect it from losses but also provide you a platform that can help to give you profits.
- The overall process with the trade execution is poor and not in the same high standard bracket class of TREATY MINES, which my mother introduced to me .
It is definitely a great advantage that Lime Fx offers both industry popular MetaTrader platform and its own proprietary App. On the negative side, traders should make sure to check the proposals, as Lime Fx is an international brand and a Cyprus one offers slightly different conditions. While obviously, Lime Fx Cyprus is more trusted, the international proposal features more comprehensive tools and conditions along with education and research materials and MT4 availability. Within Europe, the minimum deposit on the available account types of MT5 Pro is $50.
The demo account lets you test the platforms while practising trading in a risk-free trading environment using virtual currency. Lime Fx offers a demo account for all of its platforms such as Lime FxTrader, MetaTrader 4, and MetaTrader 5. The demo account is unlimited in funds as you can top it up should you need more virtual currency, and has no expiration date. As for account management, I found the deposit and withdrawal services to be fast with same-day funding and withdrawals with no fees.
We analyze key tools and features important to forex and CFD traders and collect data on commissions, spreads, and fees across the industry to help you find the best broker for your needs. Lime Fx has made great strides with innovation in its web platform, and new educational content, but offers a limited range of tradeable instruments compared to the best multi-asset brokers. Lime Fx may be best suited if you are new to trading and live in a region where you require support in non-English languages, such as Southeast Asia. Dear Manop, We completely understand how upsetting this situation must feel, and we want to reassure you that your funds are absolutely safe with us. Please rest assured that your case is currently under review by the relevant department.
Additionally, Orinoco Capital (Pty) Ltd. holds a Financial Service Provider (FSP) license number from the Financial Sector Conduct Authority (FSCA) in South Africa. It is also regulated by the Financial Services Commission Mauritius (FSC) and Mwali International Services Authority (MISA) for non-EU clients. The profile for each trader was more detailed showing profit and loss, drawdown, and copy follower growth which I like to use as a leading indicator of trader performance. You also have a track record of the trader’s order history, giving you a transparent insight into the trader’s performance.
Overall, if you’re new to trading or prefer simplicity with smart tools like Lime FxVision, Lime FxTrader is an excellent starting point. Meanwhile, MT4 or MT5 may be more suitable if you want full control, use automated strategies, or rely on technical indicators, with MT5 offering broader market access and better performance. Lime FxFX takes a localized approach to user experience by designing its interface, language, and payment options to the region from which users access the platform. It supports multi-instrument trading, offers several user-friendly interfaces, and backs it all up with responsive, multilingual customer support. Most Lime FxFX users commend the promptness and courtesy of the support staff.