Forex Trading

Lime Fx broker review a broker with the highest leverage

Lime Fx review

Lime Fx offer traders a range of the ever popular MetaTrader platforms. MetaTrader is developed by software corporation MetaQuotes and is widely considered to be the platform of choice for most online brokerages and traders of all experience levels. It is well known for its user-friendly interface, quick learning curve and abundance of built in charting tools. Lime Fx offer MetaTrader 4 (MT4) and MetaTrader limefx website 5 (MT5) for desktop, web and mobile (iOS & Android).

  • It involves direct registration, identity verification, and selecting the desired account type.
  • New traders will be pleased to find lots of educational materials to help them learn more about the markets whilst there are free demo accounts to put what you have learned into action.
  • A forex account is a trading account held by a trader with a company like Lime Fx that is primarily issued with the purpose of trading currencies.
  • Using Autochartist can save Lime Fx users time and makes the trading process more efficient.
  • With its powerful features and easy-to-use interface, Autochartist is an essential tool for Lime Fx traders of all experience levels.

Lime Fx Metatrader Mobile Application Features

Scalpers will love this option because of how important zero spreads are for making multiple small profits. Compared to other brokers, Lime Fx offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow.

Wide Array of Assets and Exceptional Leverage

Overall, Lime Fx can be summarised as a trustworthy and highly regulated Forex Broker that offers traders cutting-edge platforms and a wide selection of trading products. This means less protection compared to brokers that are regulated by top-tier entities. However, Lime Fx is a member of the Financial Commission and does offer negative balance protection on some accounts. This broker doesn’t accept residents of the EU, UK, Australia, and the US.

Lime Fx review

Email Support at Lime Fx

Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker. He also traded at a couple of different prop trading firms in Chicago. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry. The MetaTrader 5 mobile app also provides many order types, including pending and stop orders. However, trailing stop-loss orders are only available from the desktop. To change the language of the MT5 app, you must change the language for your entire phone.

What are the available deposit currencies for a live trading account?

And this is against the background of minimal spreads and margin requirements. Users are allowed to trade on Forex and CFDs using a modern multifunctional toolkit at affordable prices. Those interested can also invest here in the activities of professional traders. The conditions are transparent; the security of personal information and the safety of funds is guaranteed. MetaTrader 4 is limefx scammers revered as the industry standard, offering an unparalleled combination of ease of use and functionality, making it the quintessential choice for online trading.

What should I do if I suspect unauthorized activity in my Lime Fx account?

  • Lime Fx partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds.
  • In addition to a range of tradable instruments, Lime Fx also offers several different account types to choose from.
  • Therefore, it’s crucial for traders to use leverage cautiously and to understand the risks involved.
  • However, I also tested the ECN Account and recorded spreads of 0.4 pips in EUR/USD and 3.4 pips in spot gold.
  • You should take the security of your personal information seriously and check SSL encryption is enabled on the Lime Fx trading platform to protect you on PC and mobile Lime Fx platforms.
  • This enables me to effectively test my automated systems on different brokers to compare trading conditions and performance.

Although we found some very useful aspects of the Lime Fx platform that would be useful to some traders. Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Lime Fx involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets. Download the Metaquotes MetaTrader 4 Program free of charge from Apple’s App Store. Lime Fx customers have instant access to the financial market and can completely manage a Portfolio on the go.

Trading Platforms

There are occasional webinars but these don’t focus on the basics of learning new trading skills. To fully assess Lime Fx, it’s important to look at their pros and cons. You can withdraw from Lime Fx through Bitcoin deposits, Bank Wire transfer, Credit cards and eWallets. Lime Fx accepts Bitcoin deposits, Bank Wire transfer, Credit cards and eWallets. A Markets’ execution quality is audited monthly by the independent Verify My Trade to confirm its compliance with best execution standards. Ethereum (ETH) is the second-largest cryptocurrency after Bitcoin and allows developers to create smart contracts on a platform.

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