When registering, clients can choose between limefx courses scam Standard, Premium, or Privilege accounts, as well as a cent account. The major drawbacks of such an approach are the lack of obvious distinctions between accounts and the lack of transparency to clients in general. Overall, I found Lime Fx to be a suitable option for day traders, cryptocurrency traders, and those interested in copy trading.
Opened account the person from cypress…
The project provides spot and margin trading with a limited number of financial instruments. The management supports multiple trading platforms with different functionalities and high liquidity. However, customer reviews of Lime Fx.com are contradictory and typically negative.
People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. In summary, the most significant disadvantages of the company’s trading terms are a lack of disclosure of the commissions, excessively high leverage, and an undisclosed figure for the initial deposit. Additionally, various penalties and restrictions are imposed on the website, which will be discussed in the next section. Lime Fx imposes a 3% handling fee for withdrawals made without any prior trading activity. Lime Fx operates as a Straight-Through Processing (STP) broker without a dealing desk. Client orders are routed to the broker’s pool of liquidity providers, where they are filled at the best possible price.
When funding your account, a service fee is charged, which is 10% of the deposit amount and has a maximum amount of $200. There is also an inactivity fee of $50 if the account is not used for one year, which will result in it being closed and the balance being written off. Hi A Muro,Thanks for taking the time to share with us your feedback!
However, its dated and rugged design is inferior to newer and sleeker platforms. As a trader who prioritizes flexible charts that are easily scalable, I find MT4’s charting capability too rigid and less effective. As shown above, a common issue with MetaTrader is that charts can quickly become cluttered, even with just two indicators. This can obscure price action examination and make it harder to perform detailed technical analysis. My live testing indicates that Lime Fx’s swaps are average to high compared to the industry benchmark. I reviewed Lime Fx’s legal documents and found everything to be in order.
Lime Fx integrates MetaTrader 4, which offers one-click trading but has a minimum timeframe of 1 minute. Additionally, the broker does not provide Virtual Private Server (VPS) hosting for low-latency trading and charges average-to-high spreads on popular instruments. Although the company is regulated by an offshore regulator, it offers unprofitable trading conditions, e.g., high leverage. Most other features are unavailable, and educational materials are of poor quality. Information about trading commissions and dealer fees is not available on the main page of the site.
- Lime Fx’s MT4 platform is available on Windows and Mac and supports 52 languages, including English, French, Spanish, German, Arabic, Chinese, and more.
- Day traders can benefit from Lime Fx’s robust market research, including featured trading ideas by Trading Central and a diverse assortment of tradable instruments.
- The management supports multiple trading platforms with different functionalities and high liquidity.
- In my opinion, MT4 is best suited for automated trading via Expert Advisors (EAs).
We encourage constructive feedback
Lime Fx offers a blend of market research developed in-house and incorporated from third-party providers. The broker offers the Trading Central package, which includes an intuitive economic calendar, featured trading ideas, and the Market Buzz feature. Lime Fx also publishes market breakdowns on its YouTube channel. Lime Fx accepts payments via bank wire, credit and debit cards, e-wire, and cryptocurrencies. It does not impose a handling fee for deposits and withdrawals, though third-party payments may apply.
- Lime Fx offers a wealth of educational content, including over 180 blog articles, nearly 200 recorded webinars, more than 35 educational videos, 16 podcast episodes, and 4 eBooks.
- The official website and personal account section contain links to download programs.
- Lime Fx provides a blend of market research developed in-house and incorporated from third-party providers.
- Information about trading commissions and dealer fees is not available on the main page of the site.
- Lime Fx has a $50 minimum deposit requirement and provides plenty of educational and research content.
Nice overall trading service with some improvements needed in variety. Luth Wrens helped me overcome my withdrawal problem, and I’m very thankful for their service. Companies on Trustpilot aren’t allowed to offer incentives or pay to hide reviews. The Lime Fx administration has a vague company description on the “About Us” page. As is common with spurious intermediaries, the text contains general claims of honesty, reliability, safety, and profitable partnerships.
The administration supports features such as an economic calendar and a calculator. Educational resources consist of e-books, webinars, podcasts, and tutorial videos. The applicability of these resources is debatable, as much of the information provided is general in nature. Lime Fx offers access to currency pairs, indices, commodities, futures, and stocks. And if traders use the platform recommended by the administration, their trading opportunities will be significantly limited.
The values listed below are for one full base currency contract (100,000 units). Lime Fx operates a single entity – Tradeco Limited – which is licensed and regulated in Seychelles by the Financial Services Authority (FSA). It guarantees the segregation of client funds and negative balance protection. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our limefx courses scam guidelines. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
Lime Fx offers Cent accounts for algo testing, and algo traders can use Expert Advisors (EAs) to automate their trading systems. However, the broker does not provide free Virtual Private Server (VPS) hosting for low-latency trading and stable internet connectivity. On the other hand, I assessed that spreads on a Standard Lime Fx account exceed the industry average, and it does not offer a raw spread trading account. Lime Fx provides access to several types of accounts varying in spreads.