Lime FxFX Review 2024: Is This Forex Broker Legit or a Scam?

19 Jul Lime FxFX Review 2024: Is This Forex Broker Legit or a Scam?

The broker offers access to forex, CFDs, and other financial instruments, ensuring a transparent and safe trading experience for its clients. Lime FxFX is known for offering competitive spreads and a commission-free trading environment. Spreads start from 0.4 pips on major currency pairs like EUR/USD. Additionally, Lime FxFX offers swap-free accounts for traders who want to avoid overnight charges.

In addition, they have to keep client funds must be held in segregated accounts separate from the company’s operational funds. You want to know someone has your back when you’re getting started. All the hype around Bitcoin and altcoins made me curious to explore trading beyond just forex and stocks. Luckily, Lime FxFX offers a decent selection of top cryptocurrencies so I could dive right in. My only wish is that Lime FxFX offered PayPal withdrawals globally.

Lime FxFX’s award winning customer support team is available 24 hours a day from Monday to Friday. 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. I have always found them to be reasonably quick to respond but think they could improve by extending hours to 24/7 support.

What is the leverage offered in forex markets with Lime FxFX?

• This program is one of Lime FxFX’s two passive income options, the other being the CopyTrading feature.
• Guaranteed stop order fees, overnight funding fees, and currency conversion fees are not separately specified by Lime Fx.
• Customer service is available 24 hours a day Monday through Friday.
• For example, you can deposit and withdraw using visa debit and credit cards with a minimum deposit of $25.
• This could include opening an account with Lime Fx Markets Cyprus Ltd, or Uni Fin Invest which is Lime Fx’s Mauritius entity.
• A professional, direct investment partner could assist you in minimising any losses and maximising any returns.
• MT4/5 and cTrader are one of the top software on the Android platform on mobile.

With more than 42 million accounts spread across 180 countries, multi-regulated broker Lime Fx provides a wide range of trading options across asset classes. Lime Fx provides low spreads, no commissions, and a limefx scammers minimum deposit of $25 using over 300 instruments—including 52 currency pairings, 34 cryptocurrencies, and 10 global indices. Because this trade is a process that is extremely flexible, fast, secure, and responsive. Any customer can also use this platform for Forex and CFD trading. It analyzes transactions in financial markets and provides secure and fast access. Users of Lime FxFX can ensure traders’ advanced access to trading operations in a reliable environment.

How much are Non Trading Fees with Lime FxFX?

Lime FxFX primarily focuses on forex trading, offering more than 30 currency pairs. These pairs range from major pairs like EUR/USD and GBP/USD to minor and exotic pairs, providing traders with ample opportunities in the forex market. Autochartist is an advanced tool that offers automatic pattern recognition and analysis of market trends. This feature scans the markets for key technical patterns and provides alerts to traders. This tool is available for free to Lime FxFX clients and can help traders spot trends before they become obvious. Lime FxFX provides daily technical analysis, as well as live news feeds from credible sources.

Can I have both a trading account and an Affiliate Account with Lime FxFX?

We rate regulators on a scale of 1 to 3, with 1 reflecting the highest level of trust. See how Lime FxFX compares to the leading Forex brokers by reading one of the reviews below. 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?

CFDs on Commodities and Indices

• If $50 is deposited then you will receive half of the initial deposit as a bonus to your funds.
• Captial.com is one of the biggest online brokers available and is certainly very trusted.
• The funding options include wire transfer, credit/debit card, digital wallets and cryptos.
• Lime FxFX are a professional brokerage that has been trading for over 11 years.
• We’re excited to continue supporting you on your trading journey and wish you great success ahead!
• These platforms provide robust charting and a wide range of order types and enable automated trading.

This initiative allows traders to earn commissions from direct client referrals and from the profits made scammed by limefx by the Introduced Brokers (IBs) they introduce to the network. Lime FxFX’s Affiliate Program offers a sophisticated and adaptable model for Emirati traders looking to supplement their income through client referrals. This program is one of Lime FxFX’s two passive income options, the other being the CopyTrading feature.

Is Lime Fx a good broker for beginners?

Lime FxFX offers both written and visual educational materials to its investors. In this part of this Lime FxFX review, I will explain the educational topics that are offered to educate traders of Lime FxFX. The topics range is quite wide and covers everything a new trader might need to learn and all technical topics a professional trader would use to apply a new strategy.

With this, traders will have much more functions in terms of coding your Expert Advisors as it uses a coding language called MQ5. The most efficient experience is provided by the computer platform as it offers the most tools and functions. It was essentially developed by traders for traders and includes a plethora of charts and tools. We don’t recommend traders accept it if they plan on making a withdrawal before all of the terms and conditions are reached. Although receiving some free money is quite enticing and almost irresistible, they exist to entice traders to trade more aggressively to help meet targets that could erode any profit made.

An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. Lime Fx is an up-and-coming broker that has been in operation for nearly 10 years. Its growth has enabled Lime Fx to continue to expand its products and services. Adding additional regulatory licenses in Tier-1 jurisdictions would be a step toward winning more client trust.

Lime FxFX has an excellent reputation in the financial industry. The firm is committed to ensuring customers needs are met and prioritizes customer satisfaction. Many third party sites highlight the company’s continuous pursuit towards addressing customer issues through its wide range of accessible online forums. In addition to the above mentioned, Lime FxFX uses segregated funds to protect clients money. This is a key requirement to look for in a broker because it means that your funds will be kept separately to the brokers. Before signing up to any broker, check out who it is regulated by and make sure you fully understand how these regulations serve to protect your money.