My account margin level was still at 3000%, and there was no significant price movement. Suddenly, my order was stopped out without any clear explanation. When I asked for details, they just told me my order was executed correctly without providing further clarification.
The service is terrible, and your trades may disappear without warning. Stay away from this broker if you value your investments.I request that Trustpilot do not delete my comment. I have all the proof to show that I have an account and conversations with them.
- This makes the brokerage a good option for beginners and those with less starting capital.
- These fees can vary depending on the instrument and market conditions.
- Lime Fx Group estimate the account opening process to take an impressive 2 minutes to complete.
- Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
- We disclose any potential conflicts of interest and maintain objectivity throughout our review process.
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If you are one of those traders, Axi can be a good alternative if you are looking for a broker with crypto funding. I think it is important to conduct some form of fundamental analysis, rather than relying solely on market analysis with technical indicators. I like to combine both of them along with price action patterns for a more in-depth insight into what the current market situation is. The Lime Fx economic calendar can keep you up to date with the latest news releases which can be filtered according to the currency pairs, dates and impact relevant to your trading. The calendar shows what news is being released, when it is being released and the expected impact that it can have on the market.
Importantly, we do not recommend that beginners trade with high leverage – this can increase the risk of large losses. High leverage will appeal to seasoned traders with effective risk management strategies. Overall, the mobile application works well for trading on the go, with one-tap trading functionality, access to the broker’s full suite of 1,000+ instruments and interactive charting. A number of other brokers also offer proprietary desktop platforms that are beginner-friendly, whereas Lime Fx only offers the MetaTrader suite. We also appreciate the choice of base currencies, which include USD, EUR and GBP (European and UK clients), and HUF, PLN and ZAR (global clients).
Lime Fx offers tight spreads, with three account types catering to different preferences. Lime Fx is one of the better brokers we have tested for day traders. We recommend the Zero account and the MetaTrader 5 platform for day trading. The Zero account offers spreads from 0.0 pips with a $5 minimum deposit while MT5 offers fast processing and powerful trading tools. We recommend the Micro account for beginners – it offers nano lots and access to a huge range of markets.
You can withdraw as little as $5 while there is no maximum limit. Withdrawal times are also reasonable, typically taking 2 to 5 days. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Dear users,We would like to inform you that this review has not been posted by a verified client of Lime Fx.
Assets & Markets
We have over 20 years of experience when it comes to trading online so we know what to look for. Lime Fx Group has over 450 employees with customer service in over 30 languages available 24/5. Support is available 24/5 in 14 languages via phone, chat and email.
Even if you only trade forex now, think about how easier it would be if you want to diversify in the future. Regardless, I find both MetaTrader platforms very easy to use. If you want something more advanced, cTrader is another platform to consider but is not limefx scam offered by as many brokers. FxPro also have the cTrader platform if you want to check them out. The mobile trading apps are especially useful if you need to access your trading account whilst on the go from anywhere in the world provided that you have an internet connection.
It also helps that we can access full account management features, including the members area, plus deposits and withdrawals. Hello Blessing Komana, Thank you for sharing your experience regarding the recent FOMC event. We strive to provide a fair and transparent trading environment, and we do not engage in manipulation.We would appreciate the opportunity to investigate your specific case further. If you could provide your account details, we can look into this matter more closely.Lime Fx Team 🚀BIG. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process).
Lime Fx Group offers a variety of unique features and tools designed to enhance traders’ decision-making processes and provide valuable insights into market trends and trading practices. Lime Fx provides mobile trading apps for both Android and iOS devices, offering intuitive interfaces, real-time charts, technical indicators, and easy order execution. Lime Fx provides CFD trading, which allows traders to speculate on the price movements of these assets without actually owning them.
If you want to trade with less than $200 then you would need to look at the micro or standard account options. Those of you who just want to get a feel for trading can open a demo account free of charge without any commitment. I always start on a demo with a new broker just to get a feel for what they have to offer. Lime Fx Group have partnered with regulated entities for the limefx withdrawal and deposit process for extra client protection. Client funds are kept segregated from the company funds in tier 1 banks to ensure that they cannot be used by Lime Fx Group or the liquidity providers under no circumstance. They can give you negative balance protection which means that you are not at risk of losing more than the account balance.
Tailored to Your Trading Journey
Well, in my opinion, 24/5 support is enough as long as they don’t provide cryptocurrencies trading (which is the only market opened 24/7). The management team have hosted hundreds of seminars in over 120 cities to educate traders. They are a human company that put client satisfaction first which explains why they have such a high level of client retention and a loyal user base. You can automate your analysis and gain access to the proprietary indicators by contacting your personal account manager at Lime Fx Group who will be happy to get you started and provide you with assistance. I don’t usually require assistance from the account manager as I have been trading for many years. However, it is a great option if you are new to trading and need some guidance along the way.
No Deposit or Withdrawal Fees
European traders benefit from strong regulatory protections and access to a wide range of trading instruments through Lime Fx’s platforms. In conclusion, Lime Fx delivers a comprehensive and client-focused trading experience, backed by strong regulation and a commitment to customer satisfaction. Whether you’re a beginner or an experienced trader, Lime Fx provides the tools, support, and conditions needed to succeed in the financial markets. Aspiring traders seeking a comprehensive and user-centric trading experience should look no further than Lime Fx Group.
However, you can use third-party services like Myfxbook or external copy trading platforms that integrate with MetaTrader 4 (MT4) and MetaTrader 5 (MT5) accounts on Lime Fx. Yes, Lime Fx offers Islamic (swap-free) accounts for clients who follow Sharia law. These accounts are available across all Lime Fx account types and do not incur swap or rollover interest on overnight positions, ensuring they are compliant with Islamic finance principles.
In addition to providing excellent support, I am impressed with the trading conditions you can get access to for a small deposit of just $5. Lime Fx Group offers a no re-quote and no rejections policy with 99.35% of trades being executed within 1 second. Their business model is built around the belief that execution is everything when trading. From my experience, execution can play a big part in your trading results, especially if using a scalping strategy. In terms of execution speeds, comparable brokers include IC Markets. We found the app offers seamless connection to the MetaTrader platforms, so any trades performed in the app will be automatically reflected in your desktop client, and vice versa.