Throughout our comprehensive Lime FxFX review, we have covered a lot of ground and provided an in-depth analysis of the platform’s features and functionality. Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose. You will be exposed to a high risk of loss regarding leverage and margin-based trading. The support team quickly and efficiently resolved all of our queries.
Trading Instruments
77-85% of retail investor accounts lose money when trading CFDs with the providers presented on this site. The information and videos are not investment recommendations and serve to clarify the market mechanisms. The texts on this page are not are not investment recommendations. That means you can copy the trades of other traders or get copied. You do not have to be a forex expert to make money with Lime FxFX.
- Also some financial instruments mentioned in any Lime FxFX educational resources may not be available in your region.
- Brokerage firms like Lime FxFX may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms.
- Lime FxFX trading is an international broker, so it supports many languages.
- Technical language and terminology can be confusing with brokers like Lime FxFX.Choosing or shortlisting a trading platform like Lime FxFX can be time consuming.
- If you take a deeper look at the reviews, you will often find in-depth replies to the comments, not just templates.
- They can take payment via and of the major credit cards, through an e-wallet or through traditional bank wires / deposits.
Lime FxFX Mobile Apps
Incorporated in 2011, the CFD broker comes under the stringent regulations of the Cyprus Securities and Exchange Commission (CySEC) in Europe. To expand its services to include international clients, Lime Fx Markets Inc has included a registered office in St. Vincent and the Grenadines. In line with the expansion of services, Lime FxFX as the main brand was previously known has now rebranded into Lime Fx as of September 2023, embarking on the next step by streamlining corporate branding. The agency has identified a list of chartered accountants and professionals who helped create fake remittance certificates and open bank accounts or shell companies for routing illicit money. But since the system was always limefx scammers stacked against individual traders in Lime FxFx, their losses multiplied and they needed to deposit more and more funds to get out of a trade. For deposit and withdrawal process are very fast, really like this broker.
The next potential limefx scam alternative you could consider is RoboForex. What makes this broker unique is it its large variety of tradable assets and the laser-fast order execution. They offer seven asset classes and more than 12,000 markets to trade. Roboforex is registered in Belize, and regulated by the CySEC, FCA, ASIC, and FSA. According to their website, more than 900,000 customers are registered on their site. Don’t forget to read our full review on Roboforex before you test it out.
What you will need to open an account with Lime FxFX
If you have an ECN account then you won’t be paying either a swap or an overnight fee. However, you will be paying a fixed «Lot commission» on the lots that you trade. You are also likely to incur some other trading fees based on the account that you have.
Brokers like Lime FxFX must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances. The proceeds of crime were layered through these accounts to conceal their source, with some funneled into SEBI-registered Alternative Investment Funds (AIFs) to lend an appearance of legitimacy. The ED’s investigation found that Lime FxFx illegally transferred profits abroad using fake import documents and mule accounts provided by shell firms.
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- When we checked on the Lime FxFX website, these educational resources were not available in every language.
- Our team has compiled a series of detailed Lime FxFX comparison articles, pitting the Lime FxFX platform against some of the best-rated Lime FxFX competitors in the market.
- Exness has a higher minimum deposit of $200, while FXTM requires a bigger investment of $500 minimum to open an account.
- The demo account is fully functional and provides access to $10,000 in virtual funds, enabling users to test their trading strategies in real market conditions.
- As one would expect from any large Forex broker, there are a range of funding options at Lime FxFX both on the fiat money side as well as in crypto.
- Dear Nsizwa Cromet Molepo, We sincerely appreciate you taking the time to share your experience with Lime Fx.
Plus, it charges only 0.4 pips for the commission on the account. It also supports copy trading, one of the prime advantages of dealing with this online brokerage platform. The customer support on Lime FxFX was awarded multiple international awards and is fast, efficient, helpful, and knowledgeable in our experience. There are two main options to contact customer support 24 / 7, via live chat or e-mail.
Safest Forex Brokers 2025
Lime FxFX offer educational resources which include Webinars, Trading education, articles, video course, Platform tutorials, videos tutorials, articles, Trading strategies, Glossary. Please bear in mind that these resources provided by Lime FxFX do not guarantee any results when trading. When we checked on the Lime FxFX website, these educational resources were not available in every language. Also some financial instruments mentioned in any Lime FxFX educational resources may not be available in your region.
Lime FxFX Spreads and Commissions
Gaining the licenses doesn’t mean the broker or the institution won’t have to review or update their rules and technology. Any financial organization with a license to trade in the forex and CFDs market, must follow and always update some criteria in order to keep up with the constant appraisal taking place by the financial regulators. With the best forex broker in Pakistan, India, Malaysia and Nigeria in 2022, the broker is making sure the investors are aware of all their awarded awards in the forex and trade markets. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Opinions, market data, and recommendations are subject to change at any time.
However, remember that you won’t be able to make trades on Lime FxFX until you have passed compliance, which may take several days, depending on your circumstances. It’s essential to complete the Lime FxFX KYC compliance process as soon as possible to avoid any delays in accessing the Lime FxFX platform’s features. While learning, you can also use global trading times to practice making live buy or sell trades using Lime FxFX.
Perhaps these bonuses are only available to their traders in other jurisdictions. If you are looking for more in-depth explanations and documentation for some of the functions on the trading platforms then you can use their comprehensive manuals. These cover the interface, charts, EAs, signals as well as Autochartist. As is the case with most other brokers, Lime FxFX has included a host of educational materials and resources for their traders.