lime fx Review Forex Broker Reviews

Apart from different trading accounts on the platform, there is an option for a demo account as well as an Islamic account. The demo account is specifically for new or beginner traders. The account opening process at lime fx trading platform is extremely simple and straightforward. New clients scammed by limefx who wish to open an account through a simple online application can do so following the steps mentioned here. Limited range of tradable assets; can expand by offering cryptocurrencies. Strictly monitored and regulated by leading regulatory authorities like Cyprus Securities and Exchange Commission .

Windsor’s Pip Calculator supports over eight base currencies and over 15 currency pairs and the Fibonacci calculator can generate retracement and extension levels in trends. It is also EEA-authorized and MiFID-compliant to deliver trading solutions in Europe and registered to provide legal trading services in Jordan, which opens opportunities for Muslim Traders. Bitcoin is the digital currency with the largest market capitalization and price levels since its inception in 2008. Forex trading, also called currency or FX trading, involves the currency exchange market where individuals, companies, and financial institutions exchange currencies for one another at floating rates. lime fx’ spreads are dependent on the account type with spread offering normally starting from 0 pip spread on the Zero Account and higher on the Prime account – about 1.5 for EUR/USD. lime fx is a Cypriot forex broker company that is based in Limassol.

The services of its overseas entities are also not intended for U.S. citizens. The response time took longer than three minutes, and the agent’s answers were not particularly thorough. When asked whether there are any commissions on a Prime MT4 account, he copy-pasted information already available on the website without elaborating. Even still, the answers were satisfactory, and the fact that support is available in 12 different languages cemented the above-average mark for the broker in this category.

Client funds are kept in a segregated bank account that can not be used by the company. Overall, the management team at lime fx demonstrates a comprehensive and ever-changing global regulatory environment with a market maker mindset. All in all, the overall quality of educational resources remain substantially rich with a great market-leading approach to educating new traders. lime fx also provides a news section with a more technical outlook, where daily articles on economic events and their market effects are published to educate their traders.

Price action can be represented as a line, bars, or candlesticks. Those are the most popular chart types amongst retail traders. Traders can use expiry orders to set a date on which the underlying trade is to be closed automatically. They are typically used by day traders and position traders who want to have an active position for longer than a single day but not indefinitely. One of the perks of expiry orders is that they can be used to cap the swap charges that a position might incur over time.

These two are regulated by the International Financial Services Commission of Belize, and by the Jordan Securities Commission. Comparebrokers.co needs to review the security of your connection before proceeding. lime fx also offers trading CFDs in commodities with a choice of 6 soft commodities like soybeans and coffee, five energy commodities, and metals like gold and silver. Established in 1988, lime fx is an LimeFx firm with two arms – one located in Belize and regulated by IFSC and JSC and another arm located in Cyprus, which is regulated by CySEC . All information on 55brokers.com is only published for general information purposes.

Open real account or open demo account with lime fx

There is a no-deposit bonus of $30 available for new traders who use a Prime account. However, certain terms and conditions may be applicable, so the traders must go through them thoroughly and understand the regulations before registering at lime fx. Recently I opened an account with this broker, got my account verified and requested for the promotional USD 30 node position bonus.

On the negative side, Windsor does not provide 24/7 support and Standard account spreads are higher than the industry average. After earning $33 they cancelled both profit and bonus by claiming I traded using different IP addresses. In Kenya, internet providers change IP addresses every few hours. I made profits with my 30$ NDB, and requested withdrawal. But then they say I used multiple accounts, and different IP. Anyway I closed account, and never ever cooperate with them.

FREE ACCOUNT

Additionally, the broker explains in detail its trading and non-trading costs without hiding any extra fees in small print. The negative balance protection policy ensures traders’ losses cannot exceed their account balances. In order to negate the risk of accounting errors, brokers are required to keep their clients’ funds in separate accounts from their corporate banking accounts. Private insurance protects clients of lime fx’ overseas entities against the company’s credit risk. While many brokers have compensation schemes – lime fx’ European entity, for instance, is a member of the Investor Compensation Fund – electing to issue private insurance on the broker’s own accord is quite uncommon.

The platform uses encryption, authentication protocols, and firewalls to protect its clients and their funds against misuse of data or unauthorized access. Being regulated by IFSC , Windsor caters to international traders as well. Both the subsidiaries offer an increased client fund protection of up to €5,000,000 insurance policy. There are also so many retail Brokers in the industry now & maximum of them are very much new,even less than 3 years old. Their tradings platforms & tools are so up to date that I got totally no lag to execute any trade. Its even better than many of the renowned brokers like ICmarkets/FBS/LimeFx.

All the above reasons are what differentiate the leading LimeFx firm and why it received multiple awards, accolades, and recognition. They are also the reasons why it remains by far a broker with high client satisfaction. The term “good broker” may vary from trader to trader, according to their requirements.

Compensation schemes are put in place to protect traders against the credit risk faced by the broker. In the unlikely event that the company becomes insolvent, a trader would be compensated. Traders with Windsor https://limefx.club/ Brokers Ltd. are protected under the Investor Compensation Fund . Clients of lime fx International Ltd, lime fx Limited, and Windsor Markets Limited are privately insured by lime fx.

Broker Types

These come with a dedicated client manager and one-to-one meetings with technical analysts. When it comes to funds withdrawal, there are several methods available, for example card payments, and e-payments like Neteller. When withdrawing through bank transfer, there may be some fees from the bank side so you should always check that beforehand.

• This lime fx review covers the platform’s features, functions, online trading platforms, no deposit bonuses, promotions, leverages, user experience, and many more.
• WINDSORBROKERS’ client money is always held in segregated accounts, in top-tier banks, along with data protection and a secure trading environment.
• This online trading platform ensures an exemplary foreign exchange brokerage service to its investors.
• Traders can keep up to date with upcoming economic releases and events around the world with Windsor’s Economic Calendar which is updated all the time during live announcements.
• In the world of forex broker companies being honored with awards from esteemed organizations or publications, count much for the company’s reputation.
• This website includes information about cryptocurrencies, contracts for difference and other financial instruments, and about brokers, exchanges and other entities trading in such instruments.

The safest one is lime fx Ltd, which is authorised by a tier-1 regulator . lime fx International Ltd, lime fx Limited, and Windsor Markets Limited – all of which are all authorised by tier-3 regulators – ensure segregation of funds and negative balance protection. However, they rank below the European entity primarily because of their much looser leverage policies. Seldon LimeFx Limited Co. is the least safe entity of the bunch because no safety information is disclosed in the Trading Documents section of the website. lime fx is an international LimeFx firm with offices in Cyprus, Jordan, Seychelles, Belize, and Kenya.

WINDSORBROKERS Review – 20 key points quick overview:

lime fx offers STP execution, and hence, the traders should expect tighter spreads and additional transparency over the price they are paying to execute their trades. Meanwhile, the company also pays great attention to the knowledge of its traders. Thus educational support, as well as the analytical data center is remaining on hand while providing ranged solutions to the trader of any level. I received $30 No Deposit Bonus & I’m doubling it in just 4 days looking for more profits, brilliant site, very quick customer service.

It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published limefx forex brokers reviews without moderation. We use dedicated people and clever technology to safeguard our platform.

Account Types

Traders tend to underestimate customer support, but it might be a crucial feature in moments of crisis. In our rating, we check the contact methods available, how accessible a live agent is and how helpful the responses are. This information will allow you to know if a broker can provide full support when you need it. The number of lime fx’ FX pairs and shares is average compared to the broader industry, while the broker’s available commodities and indices exceed it. The inclusion of high-risk cryptocurrencies, lower-risk government bonds, and complex ETFs further bolsters this diversity. It allows for the implementation of trading strategies with varying levels of sophistication.