An agent connected instantaneously to the chat. His answers were brisk and straight to the point. However, when I asked about the broker’s margin call, the agent seemed confused and provided a ready-made answer that was not quite relevant to my question. Ultimately, he could not answer and told me to refer to my account manager.
Commission and Spread Fees
Hi Jeremy Butler,Thanks for taking the time to share with us your feedback! Hey Kathryn Adams,Thanks so much for your feedback, and we’re happy to hear that you’ve been enjoying our platform! We provide broker reviews and ratings to help users find a suitable broker according to their own needs. However, you must do your own due diligence and make your own decisions when choosing a broker. We may be compensated through third party advertisers.
Lime Fx excels in the education category with its broad collection of articles, videos, webinars, and ebooks. Beginners can learn about the core aspects of trading like technical analysis, fundamental analysis, trading psychology, and risk management. Leverage determines a trader’s overall market exposure. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. Essentially, the broker lends the trader money so that they can open bigger limefx courses scam positions. Leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades.
Lime Fx Research and Education Summary
Lime Fx imposes a 3% handling fee for withdrawals made without any prior trading activity. 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. After 12 calendar months of account inactivity, the broker charges a yearly inactivity fee of $50. My live testing indicates that Lime Fx’s swaps are average to high compared to the industry benchmark. While ForexBrokers.org has some data verified by industry participants, it can vary from time to time.
- To balance this, the broker charges a low inactivity fee and does not impose fees on deposits or withdrawals.
- The platform’s multilingual support and diverse deposit and withdrawal options further contribute to its appeal.
- When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are.
- Hi Cecilia Ramos,We love to hear what our customers have to say, and your feedback has been very insightful!
- This layered approach provides learners with a comprehensive and well-rounded understanding of essential trading principles.
- However, Lime Fx’s spreads generally exceed the industry average, and it does not offer a raw spread account.
It does not impose a handling fee for deposits and withdrawals, though third-party payments may apply. Lime Fx offers multilingual support via live chat and email. However, the website has a dedicated FAQ https://limefx.group/ section for general queries. Agents respond within seconds to live chats and are generally knowledgeable. Contracts for Difference (CFDs) are financial derivative instruments that allow traders to speculate on the price movements of an asset without owning the asset itself.
zoe broker Opiniones
Every estep of the way with Lime Fx has benen worth it. I made a minimum deposit of $50 for theFirst time. I have been able to withdraw it with no issues. Customer support is readily available 24/7 if any issue arises and are very supportiveI love my encounter and I recommend for every newtrader like me. Keep trading gold nonstop and thanks to Lime Fx conditions I don’t lose a lot on trading costs.
IC Markets Review 2023
- Lime Fx boasts a diverse array of strengths, including a robust offering of over 300 instruments across six asset classes, granting traders unparalleled flexibility.
- I also appreciated its comprehensive market research offering.
- Hello Fikri Kadeer,We appreciate you taking the time to share your experience with our withdrawal process.
- Our customer support team is committed to providing our clients with the assistance they need, and we appreciate your feedback.
Issues with the withdrawals and slippages, I haven’t seen such. This spoke highly about the reliability and credibility. Hi Cecilia Ramos,We love to hear what our customers have to say, and your feedback has been very insightful! It’s essential to note that the same payment method used for deposits must also be used for withdrawals.
This is a common practice to ensure compliance with anti-money laundering regulations and is in line with industry standards. In the case of no activity, including funding or trading, within one year, the company reserves the right to charge an annual administrative fee of $50 (or currency equivalent). In case the client’s account balance is below $50 (or currency equivalent), the company will charge any remaining balance and archive the client’s account. Lime Fx, the broker of choice for traders seeking safety, variety, and expert guidance. Explore a world of forex, CFDs, and cryptocurrencies with confidence. Lime Fx accepts payments via bank wire, credit and debit cards, e-wire, and cryptocurrencies.
Gotta thank Lime Fx for being a reliable broker that looks out for the clients. Lime Fx’s deposit and withdrawal options align with the offerings of many other brokers in the industry. Credit/debit cards, e-wallets, and bank transfers are common choices among brokers.
I also found the broker to be particularly transparent. Lime Fx offers no real stocks for value investing. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.
The broker supports MetaTrader 4 and has developed the TradeCopier service for copy trading. I appreciated Lime Fx’s investment in comprehensive educational materials and high-quality market research. Although I recorded extremely favorable spreads on Bitcoin, Lime Fx’s spreads on other popular instruments exceeded the industry average during my tests.
Clients can request further assistance by contacting the broker’s customer support. Broken by asset class and compared to the industry average, Lime Fx offers an average number of share CFDs and a high number of currency pairs, commodities, indices, and cryptocurrencies. In my opinion, MT4 is best suited for automated trading via Expert Advisors (EAs).
Though, I wanted more choices of accounts, especially expected from them some zero spreads accounts. Each of these platforms caters to different trading styles and preferences. Traders can choose the platform that aligns best with their specific trading needs and devices. We’re glad to hear you’ve had a good experience using our platform. We pride ourselves on being able to offer a wide variety of assets to trade, and we’re happy that you’ve been able to take advantage of that. Rebate programs, where traders can earn rebates based on trading volume, can be attractive for high-volume traders.