Furthermore, Emirati traders have complete control over the withdrawal of their accrued rebates based on the withdrawal options available. A 5% loyalty bonus and a point-based system that adds 1% to the earned rebate round out the program’s dual-benefit structure. Rebates are credited directly into traders’ accounts weekly, providing maximum convenience. Most Lime Fx customers have reported prompt and helpful responses from the company’s customer support team. In terms of withdrawal processing time, Lime Fx typically processes withdrawal requests within 1-3 hours. However, depending on the payment system, the time it takes for the money to arrive at its destination may vary.
Minimum deposits at Lime Fx will vary depending on your country of residence and your chosen payment method. They can go as low as $25 (USD) when funding with Visa/Mastercard, to 50 euros (EUR) when using Skrill/Neteller to as much as 500,000 Indian rupees (INR). It’s important to note that minimum deposits and trading costs will also depend on which Lime Fx entity you choose for establishing your trading account.
Feedback and rankings from authoritative sites like “Trustpilot” on the TradingFinder website assist all traders. This ensures that we accurately convey facts and events so that investors and traders can read our content with confidence and make informed choices. Forex, binary options, cryptocurrency, and CFD trading on margin involve high risk and are not suitable for all investors and traders. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. The education section on the Lime Fx website is well thought out, clearly presented, and made for different levels of traders – beginners, intermediate, and experienced. Material includes live trading sessions, workshops, and trading strategy-themed presentations.
Daily and weekly forecasts in the Market Insights section preview the key economic data ahead and highlight the major market movers. The reports cover significant support and resistance levels and technical signals from indicators such as MACD and Parabolic SAR. The research section also includes specific trading ideas, target prices, and key price levels to watch. In my tests, I received speedy responses—the same day for email and a wait of just a few seconds for live chat. Despite the lack of phone support, I rate Lime Fx as average in this category.
They focus on delivering not just fast responses but also comprehensive guidance tailored to your specific situations. Moreover, the support representatives are trained to address both technical and account-related queries effectively. With timely follow-ups and a commitment to your satisfaction, you can feel confident that any concerns you have will be met with thorough attention and expertise. Additionally, be aware of limefx forex broker inactivity fees if your account remains dormant for an extended period. Understanding these factors can help you make informed decisions and maximize your trading returns. One aspect to watch out for is Lime Fx’s non-trading fees, which can impact your overall trading experience.
How long do Lime Fx Withdrawals take?
MT4 and MT5 are the gold standards when it concerns automated trading solutions. To access the full range of the broker’s offerings and functionality, clients can use any of the 3 trading platforms that are available as apps for mobile and on the web. Both iOS and Android versions of the trading platforms are also available for on-the-go traders.
- One reason traders are attracted to forex and CFD markets is the high leverage available.
- Yes, Lime Fx allows multiple accounts, but certain terms and conditions apply.
- Moreover, Lime Fx offers opportunities for cryptocurrency trading, featuring popular cryptos like Bitcoin, Litecoin, and Ethereum.
- The spreads include trading-related charges, therefore simplifying the fee structure and enabling traders to grasp their expenses better.
Processing Times and Fees
The MT4 account, also called traditional account, is an account type used by new and experienced traders alike. It not just offers excellent trading and analytical tools, but is also flexible enough to implement simple, as well as, highly complex trading strategies. The platform supports trading forex pairs, commodities, indices, cryptocurrencies but not stocks.
Brokers By Country
Known for its user-friendly interface, diverse account options, and strong customer support, you can find a range of services designed to enhance your trading experience. Whether you are interested in forex, commodities, or cryptocurrencies, Lime Fx offers the necessary tools to facilitate your trading journey. Lime Fx is best suited for both beginner and intermediate traders due to its easy-to-use platform, educational resources, and low minimum deposit requirement. The broker provides comprehensive trading tools and features that traders can leverage to optimize their trading strategies. Additionally, Lime Fx offers impressive customer support to assuage any potential challenges traders might face.
- It is flexible enough to implement both simple and highly complex trading strategies.
- Furthermore, the spreads starts from 0.6 pips on different accounts; However, it depends on the instrument or the trading pair.
- Lime Fx also covers fees so you may access your moany at any time and receive it relatively quickly.
- Its growth has enabled Lime Fx to continue to expand its products and services.
Lime Fx VPS Review
Lime Fx provides low spreads, no commissions, and a minimum deposit of $25 using over 300 instruments—including 52 currency pairings, 34 cryptocurrencies, and 10 global indices. One thing that stood out to me about this broker during my review was the ease of use. The Lime FxTrader platform is intuitive, well designed, and has popular features like alerts and 1-click trading.
Transparent trading conditions
Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry. Client orders received by Lime Fx are offset by banks and liquidity providers. NDD (No Dealing Desk) brokers such as Lime Fx act as intermediaries between the trader and the real market and receive a defined and transparent commission for it. Over a week-long testing period, I probed customer support with dozens of inquiries, ranging from available tools to fees and questions relating to the security of client accounts. I was surprised at how fast the responses were, and the agents went the extra mile to provide the information I sought. Lime Fx offers a variety of trading instruments, including CFDs on all the major asset classes— forex, commodities, indices, shares, and cryptocurrencies.
Most Lime Fx users commend the promptness and courtesy of the support staff. Multiple channels for client interaction, such as live chat, email, and telephone consultations, ensure that traders’ questions are effectively addressed. Furthermore, the well-received mobile application provides traders with a convenient way to monitor their investments away from a trading terminal. Lime Fx provides an exclusive cashback rebate scheme for UAE traders, allowing them to recoup some of their trading costs. MT4, MT5, and Lime FxTrader users can earn rebates ranging from $4.80 to $8 per lot, regardless of trading results.
Remember, it’s okay to close a trade early if you feel it’s the right decision. In the next section, we’ll talk about understanding the platform to help you start trading on Lime Fx with your newly funded account. Once your account is verified, you’re ready to start exploring the Lime Fx https://limefx.name/ platform.
No, Lime Fx does not offer the option to trade the Volatility 75 Index. Yes, Lime Fx requires identity and credential verification before activating an account. Before engaging in actual trades or investments, this feature is especially useful for those seeking to increase their proficiency levels through simulated practice. Yes, real-time statistics are available to track the effectiveness of your referrals. An economic calendar, daily analytical posts, and automated technical insights via MetaTrader’s Autochartist plugin are all included in this section.
