However, the broker offers good cashback bonuses and a variety of assets. Lime Fx broker suits experienced traders and may attract newbies due to limefx scam their excellent customer service team, demo account availability, and pleasing bonuses. The situation is different regarding research information for average and advanced traders.

Supported Countries

• Lime Fx was established in 2007 and currently serves over a million clients worldwide.
• Lime Fx has a deposit commission of 0%, so you won’t be charged any fees when you deposit funds into your trading account.
• A passport page with registration or a utility bill can confirm the address.
• The availability of a web version and mobile device applications offers the convenience of trading anytime and anywhere.

Lime Fx offers various accounts, tradable instruments, and advanced tools like copy-trading. It is a broker under the regulation of the Financial Services Authority of Saint Vincent and the Grenadines. Client’s safety is enhanced through negative balance protection and being a member of The Financial Commission. Nevertheless, it is still an offshore broker; it lacks trustworthy regulation. There are different payment systems available to increase flexibility. Educational materials are also not the main strength of the broker; it presents only FAQs and Blogs on trading topics.

How to open a live account?

The broker provides blogs on trading topics and a comprehensive FAQ section. There are no exceptional guides, webinars, or educational courses to help new people get into trading. However, Lime Fx charges fees for withdrawals and we’ll see it further. Additionally, the GOLD status program offers exclusive access to premium analytics and expert trading advice. These resources make Lime Fx a strong choice for traders seeking in-depth market research and continuous learning opportunities. Traders can start with a minimum deposit of $100, making it accessible for both beginners and experienced traders.

• Traders also gain access to fresh trading ideas, technical analysis insights, and a curated list of the best deals of the week to support informed decision-making.
• Withdrawal fees apply, with details available on the broker’s website.
• One standout tool is the sentiment indicator, which provides insights into market trends by analyzing trader positions.
• The leverage Lime Fx offers varies based on the account type, balance of funds, and the trading instrument.
• However, while leverage can magnify profits, it also increases the potential for higher losses.

This multi-channel approach enhances accessibility and responsiveness. For personalized assistance, traders can rely on the dedicated support team, which helps with technical issues, account management, and trading-related queries. Lime Fx’ strong customer service reputation is reflected in its high TrustPilot rating of 4.8 out of 5, based on over 2,700 verified reviews. Lime Fx provides a range of trading accounts tailored to different trading styles and experience levels.

This review is crafted to serve as a reliable source of information for current and prospective investors seeking detailed data on Lime Fx. We aim to provide you with the necessary knowledge so that you can make informed trading decisions with a complete understanding of the opportunities this broker offers. When it comes to platforms that Lime Fx offers, they include MT4, MT5, Lime Fx app for iOS and Android, Webtrader MT4 and MT5. As we see, the most popular and widely-used platforms are supported, meeting the expectations of the most traders nowadays.

However, compared to other brokers that offer extensive educational programs, including courses, webinars, podcasts, and video tutorials, Lime Fx’ offerings might seem insufficient. This is particularly relevant for beginners just starting their trading careers and looking for comprehensive educational content. Leverage in trading is a tool that allows investors to increase their market exposure beyond the initial investment (the margin). However, while leverage can magnify profits, it also increases the potential for higher losses.

Lime Fx offers various types of accounts that can meet the needs of different categories of traders. Lime Fx has a deposit commission of 0%, so you won’t be charged any fees when you deposit funds into your trading account. Lime Fx forex broker doesn’t pay much attention to trader education.

With 24/7 customer support available throughout the process, traders can quickly resolve any issues, making account opening at Lime Fx smooth and efficient. Additionally, the GOLD status program offers exclusive benefits like trading cost compensation, priority withdrawals, a free VPS server, and access to premium analytics. For index traders, Lime Fx provides 13 stock indices, including S&P 500, Nasdaq limefx company reviews 100, and FTSE 100. The broker also supports commodities and metals, with options like Brent crude oil, gold (XAUUSD), and aluminum.