Some clients also complain about unresponsive or non-existent customer support. You’ll be asked to provide basic personal details and specify your preferred account settings. You can choose between fixed or variable spreads, select your initial trading bonus, and set your leverage. Discover our full review covering services, signup process, fees, withdrawals, and real user feedback.
- Lime Fx offers a well-designed and easy-to-use website even if the platform has a bit of a “casino” side which can be a little reassuring for a trading broker.
- When you are logged into your account, you see the main menu on your left which allows you to access different features.
- The app is available for download on both the Apple App Store and Google Play Store for Android users.
- You’ll be asked to provide basic personal details and specify your preferred account settings.
- If you choose MetaTrader 4, you receive credentials after registering on Lime Fx.
Trading Platforms Available on Lime Fx
Our Lime Fx opinion is mixed and we advise you to remain vigilant in relation to this broker. When you are logged into your account, you see the main menu on your left which allows you to access different features. If you are a client of the Lime Fx broker and want to withdraw funds, here is how you should go about it. There is little information available regarding other types of fees on the platform. Lime Fx also regularly organizes a competition which they call “League of the best traders”. It is a tournament organized every month between traders who must try to present the best results.
Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. Investments related to crypto-assets are risky by nature, readers should do their own research before taking any action and only invest within the limits of their financial capabilities. CFDs (Contracts for Difference) are complex instruments with a high risk of rapid capital loss due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs.
Their services are comparable to other similar brokers and seem to be decent. Hi Sébastien Thibault,We love to hear what our customers have to say, and your feedback has been very insightful! The Danish FSA’s business register contains information on which companies are authorised to offer financial services in Denmark. The Danish FSA’s website also contains information on identifying fraud companies and how to avoid them, under Avoid fraud. There are no registration fees to open an account with Lime Fx.
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Investing and trading is not a game at all and you have to be wary of what you see, from brokers or investors. They are used by traders and are great for increasing the income generated from trading. It should be kept in mind that the levers are dangerous and can make you lose all your capital quickly. If you choose MetaTrader 4, you receive credentials after registering on Lime Fx. scammed by limefx These are used to link your Lime Fx account to MT4 to start trading.
BEST PLATFORMS
After logging into your account, you will see the main navigation menu on the left side, allowing you to access your dashboard and various platform features. Trading with Lime Fx is conducted entirely through its website, which is modern, intuitive, and easy to navigate. Additionally, the broker regularly hosts trading contests offering participants a chance to win trading capital. Some of the partners featured on this site may not be regulated in your country.
- Our overall assessment of Lime Fx is mixed, and we strongly advise traders to proceed cautiously with this broker.
- Like most brokers, Lime Fx provides leverage to amplify trading positions, enabling traders to multiply potential market movements.
- Trading with Lime Fx is conducted entirely through its website, which is modern, intuitive, and easy to navigate.
- The company has no authorisation to operate as an investment firm in Denmark.
- Investing and trading is not a game at all and you have to be wary of what you see, from brokers or investors.
Market development
You should assess whether you understand how CFDs work and whether you can afford https://limefx.group/ to take the high risk of losing your money. This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose. On its website, Lime Fx details the various services and financial markets available to traders. Registration and account management are also conducted directly via this site.
However, after reviewing individual feedback, many clients report significant difficulties with withdrawals from the platform. Lime Fx is an offshore broker, and like many similar brokers, its legitimacy can be challenging to verify. The services provided appear standard and comparable to other brokers in the same category. After submitting the registration form, Lime Fx will review your application.
⚠️ This article is published for informational purposes and should not be considered as investment advice. Crypto-currency trading involves risk and it is important not to invest more than you can afford to lose. Lime Fx is a new broker that offers services in the trading of financial assets such as FOREX and indices. Issues related to withdrawals appear to be a recurring problem, common with less reputable brokers. Users mention scenarios where deposits are simple, but retrieving funds is problematic.
Thus, it is unlikely that you will get your money back if things go wrong. Conduct thorough research and read online reviews before depositing funds. While we cannot definitively label Lime Fx as a scam, we highly recommend remaining vigilant when considering trading with this broker.
If you have an account with Lime Fx and want to withdraw funds, here is a clear guide to follow. But we still advise you to remain vigilant with regard to this broker. They reap an overall rating of 3/5, which is an acceptable average rating. However, when you read the different opinions, you see a lot of problems mentioned.
It is your responsibility to verify the compliance of these services with local regulations before using them. Web editor for many years and SEO specialist, Thomas became an editor for InvestX when the site was launched. You should always pay attention to the platforms on which you register. Lime Fx is one of those offshore brokers whose real legitimacy is rarely known.
Capital market
Once approved, you’ll need to verify your identity and make your first deposit to begin trading. While leverage can significantly enhance trading profits, it’s essential to remember it carries high risks, potentially leading to rapid losses and total capital depletion. Clearly, Forex trading is the primary focus of Lime Fx’s educational content, reflecting its strategic emphasis on this asset class. Interestingly, despite offering cryptocurrency trading, Lime Fx does not actively promote this service. This oversight is somewhat puzzling and might negatively affect trader confidence in the platform. The kind of platform where depositing is easy but withdrawing impossible.
You also choose the starting bonus you prefer and your leverage. The Lime Fx site offers an “Academy” section, a fashion among brokers. Lime Fx currently holds an average rating of 3 out of 5, which is moderately acceptable.
Based offshore in Seychelles, the broker is regulated by the local Financial Services Authority Seychelles (FSA Seychelles). However, Seychelles-based regulatory approvals tend to be easier to obtain compared to more rigorous authorities such as the FCA (UK) or ASIC (Australia). Traders should, therefore, approach this broker with careful consideration. Once you have completed the form, it is sent to the broker for validation.