If account balances become negative due to Stop-Out, Lime FxFx compensates the account by adjusting the account balance to zero, ensuring the risk is limited to only deposited funds. Although Lime FxFx is regulated by just 2 regulatory bodies, it does business in multiple jurisdictions worldwide. It prioritizes its clients’ account safety by keeping clients’ funds in segregated bank accounts. Lime FxFx employs state-of-the-art technology and advanced security protocols, which includes SSL web encryption and two-step authentication to protect clients’ confidential data.
Is Lime Fx a good broker?
Lime FxFX is licensed and regulated by FSA SVG license number #19776 IBC 2011. Both MetaTrader limefx official site MT4 and MT5 stand out for the charting tools they offer. The standard MT4 package, for example, comes with 30 built-in indicators, over 2,000 free custom ones on offer and 700 available for purchase.
Trading Fees
It is easy to set up to trade ‘algo’ models on an automated limefx official site basis, and it offers the expert advisors and MQL5 support services that allow traders to draw on the ideas of others. Forex pairs, metals, indices, energies and cryptos are all available, but traders looking for single stock names will be disappointed. With less than 100 instruments on offer, there is no space for the more complex instruments such as options found in the quieter corners of the financial markets. Lime FxFX’s award winning customer support team is available 24 hours a day from Monday to Friday.
Spreads and Fees ⚖
The best part is that most of the content is free of charged and can be viewed on the firm’s website. So, if you’re a beginner, why not give yourself a leg up before going head first into the world of trading? If you need some support outside of the hours or would prefer to get a quick answer yourself then there is an FAQ’s page with a range of relevant questions and answers. Though, if possible, seen as the team is so quick and efficient you might be better off just reaching out to them first thing.
Customer Support ☎
All the background materials are of high quality, and the videos are supported on YouTube. Likewise, Mauritius is considered Tier-4, as per our Trust Score algorithm. The security of your funds – in terms of regulatory protection – will depend on which Lime Fx entity holds your account, and which, if any, relevant regulations provide customer protections. It’s worth noting that Lime Fx’s primary execution venue is one of its own entities in St. Lucia.
Account Setup Process
The spreads for both the MT4 and MT5 accounts are floating and start at 0.7 pips. Clients using the Lime FxTrader, MT4 or MT5 account do not have to pay swaps. Lime Fxfx is a great trading platform, very easy to use and deposits and withdrawals are relatively fast depending on time of day.
- We hope, with these insights, anyone interested in Lime Fx trading opportunities could decide whether to invest in them or not.
- With 300 markets I found Lime Fx provides the major financial instruments most traders would focus on such as forex majors, gold, stocks like Tesla, or cryptocurrencies like Bitcoin.
- Withdrawals must be made using the same methods as deposits, meaning all available deposit methods can also be used for withdrawals.
- Your satisfaction is our top priority, and it is gratifying to know that we have met your expectations.
- Lime Fx has over 50 different payment options, such as Visa, Neteller, Fasapay, and bitcoin, as well as a large variety of local bank transfers.
- These are amongst the best trading platforms available for online trading that you will find anywhere.
Copy Trading Review
- Lime Fx is geared towards beginner and intermediate traders, providing user-friendly platforms such as MetaTrader 4, MetaTrader 5, and its proprietary Lime FxTrader.
- The slight difference between ECN and DMA in terms of the liquidity provided is that the typical ECN brokers liquidity providers are not known.
- There are also daily and weekly forecasts that cover the financial markets in great detail.
- Various account types on the 3 platforms have different deactivation dates as stated below.
- On Lime FxFx, customers can withdraw funds from their trading accounts using the same ways they deposited.
- A highly regulated broker will offer you more protection and safeguard you from fraudulent behaviour, or in the case of insolvency.
Customer support is provided via online chat, telephone and email in English, Indonesian, Malay, Thai, Hindi, Urdu. They claim that a small percentage of clients actually contact customer support as their services are usually smooth and reliable enough. However, should you need them, they are there to answer your general and technical questions in a prompt and efficient manner.
Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. Lime Fx offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments.
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