Depositing funds with Lime Fx ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if Lime Fx were to go out of business unexpectedly. All payments made to Lime Fx by traders are securely held in a segregated bank account. When considering Lime Fx for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as Lime Fx, is to assess the broker’s regulatory status and administrative body.
- But I would also like to see TradingView here some day as well, that would be pretty sweet.
- Dive into our informative Lime Fx Vs pages below to find out how Lime Fx stacks up against other leading brokers.
- While the brokerage does not explicitly reveal its Chief Executive Officer’s identity or any information regarding him, LinkedIn shows that “Saed Shalabi” is the CEO of Lime Fx.
- Lime Fx does not charge specific fees for CFD trading beyond the spread.
- The MAM package has a variety of features including five lot allocations, Expert Advisors, unlimited accounts, plus STP on the master account for bulk order execution.
They provide a wide range of educational resources to enhance the trading skills and market knowledge of their clients, catering to all experience levels. For traders who utilize automated trading strategies, Lime Fx offers a VPS Sponsorship Program. This program provides access to high-speed servers and uninterrupted trading through Virtual Private Server (VPS) hosting. By minimizing latency and enhancing order execution speeds, the VPS Sponsorship Program ensures that automated strategies operate smoothly and efficiently, maximizing trading performance.
To ensure the security of all trades, the MT4 platform transmits data between servers using 128-bit encrypted connections. Lime Fx also offers extended security algorithms using public-key cryptography, which should help keep scammers at bay. The new account will provide additional flexibility and enhanced trading conditions for qualifying investors. This makes Lime Fx a low-cost trading brokerage when compared to alternatives.
That said, this broker does implement negative balance protection across both EU and offshore entities, unlike alternatives such as Fusion Markets. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of limefx scam reviews. I am satisfied with the quality of my order execution here.All orders I opened here and in particular over the last few days were executed without slippage. The stop-out level is set at 50%, and margin call occurs at 100% on the ECN XL account.
Premium and VIP account holders enjoy tighter spreads, making these options especially attractive for high-volume and frequent traders. Standard account holders also benefit from competitive spreads, ensuring that even beginners can trade cost-effectively. This transparent pricing model allows traders to easily understand their costs upfront.
MT5 Trading App
Still, Lime Fx has done well by providing an attractive, affordable and simple account option for day traders who will appreciate having no trading restrictions or minimum deposit requirements. I know which system they use to send order directly to the interbank market. But that not why I liked it.It have really good trading conditions that suited me. These revenue streams allow us to remain financially independent of advertisers, enabling us to provide all services with maximum transparency.
Demo trading accounts like the Lime Fx demo account can help individuals to make informed decisions before investing their money. Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee. In addition, currency conversion fees may apply if the Lime Fx withdrawal and receiving currencies differ, adding to the overall transaction costs. Awareness of these Lime Fx fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Lime Fx funds.
- The sign-up process is also pleasingly simple and there is a swap-free solution for Muslim traders available upon request.
- The spreads are very tight starting from 0.4 I enjoy trading news sometimes and they allow it as well.
- Trading financial instruments such as foreign currency markets and other financial instruments involves high risk and is unsuitable for everyone.
- The $30 – $45 charges are way above brokers such as eToro, which only charges $5, and many brokers we evaluate that offer free withdrawals.
- With Negative balance protection, traders cannot lose more money than they have deposited.
Trades are executed at extremely high speeds that it is virtually impossible to have any slippage. Before starting active trading on Lime Fx, you will be able to practice on a demo account – a free (demo – that is, with a limited set of functionalities) account where you use virtual money and lose nothing. Spreads are surprisingly low – starting from 0.1, so the transactions are profitable. Apparently, FX Central Cleaning Ltd is not particularly worrying about the risk of a large number of scalpers (earning on short-term timeframes).
There is much written about the ECN XL…
Withdrawing money from Lime Fx processing time varies depending on the method but averages 1-5 days. After extensive research over several years, we have compiled a list of the most effective Lime Fx alternatives available today. If you are unsatisfied with Lime Fx or want to explore other options, we recommend checking out our carefully curated list of highly-rated Lime Fx alternatives.
Welcome Bonus
Our License Checker verifies the validity of EU, UK and UAE broker licenses in near real-time. Lime Fx serves clients in the EU through a company registered in Cyprus, and clients from the rest of the world through a company registered in the Comoros. Lime Fx deposits are free, easy, and instant (if you pay by card or crypto). You could also receive a 100% bonus on your first deposit, up to US$2,000. ForexBrokersOnline.com earns money from affiliation deals with our partners.
“Trading Finder,” with its experience, aids traders and investors in gaining a correct understanding and deep learning. The training programs are designed based on tools for traders of all levels, from “beginner to advanced.” All information on this website represent subjective views of the authors and they are solely informational. The operator of the website or the authors of the articles do not bear any responsibility for any decisions that visitors may make after reading articles published on the TradingBeasts website. When you trade Forex, CFDs or other financial instruments you are exposed to a high risk of loss. We review and rate companies offering trading platforms for Forex, CFDs and other financial instruments.
Lime Fx is a brand name of FX Central Clearing Ltd, a forex and CFD broker headquartered in Cyprus. The company was founded in 2010 and has since established itself as a strong competitor in the industry, holding a license with the CySEC and following the requirements laid out in MiFID. I like how stable the trading system is, with quick updates and tools that help me stay on top of the market. Not to sounds ungrateful, I really appreciate them adding mt5 and I think it was a step forward towards the clients. But I would also like to see TradingView here some day as well, that would be pretty sweet.
Also, one thing that doesn’t get emphsized often is the customer service, it’s fast and effective here, and I appreciate the agents. Pricing could be slightly more competitive for frequent trades to give a smoother experience. It got better, new features were added, and crypto trading is now 27/5 and I know it’s a standard procedure but it shows that Lime Fx doesn’t like to remain at one place. My mission with TrustedBrokers is to help you find the right broker for you, whether you’re a beginner or a pro.
A free demo (training) account is provided on MetaTrader4 PC (downloaded to limefx scammers a computer) for training. A selection of free downloadable e-books and PDFs is also provided. Beginners can benefit from the step-by-step guides on forex trading basics. The current 100% First Deposit Bonus (up to $2000) promotion for non-EU clients doubles account equity with the first deposit. However, the majority of withdrawals take up to give working days to clear, apart from Skrill and Neteller which are processed in real-time.