Lime Fx, regulated under the Seychelles Financial Services Authority, offers a wide range of trading instruments, including forex, futures, commodities, shares, and indices. With a reliable platform, educational materials, multilingual customer support, and four types of trading accounts, the broker is a reliable choice that provides traders with an enjoyable trading experience. Our unwavering dedication to upholding the principles of transparency, integrity, and customer-centricity positions us as the preferred choice for traders seeking to navigate the dynamic terrains of global financial markets.
- The Company shall be able to retrieve the relevant documents/data without undue delay and present them at any time to the competent authorities if requested.
- In my opinion, MT4 is best suited for automated trading via Expert Advisors (EAs).
- The broker supports MetaTrader 4 and has developed the TradeCopier service for copy trading.
- Our extensive range of services and 24-hour multilingual support are the cornerstones upon which we have constructed an intricate and transparent trading environment, catering to traders of all calibers.
- The selection is wide and diverse, though there are no low-risk securities such as ETFs.
- Lime Fx is a trade name of Tradeco Limited, which is authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD029.
Can I use a demo account?
- 26.4 The Client confirms that the funds deposited to the account held with the Company are derived from legitimate sources.
- This regulation ensures that Lime Fx operates in a transparent and compliant manner.
- Each account type is designed with different features and benefits to cater to various trading styles, risk appetites, and investment levels.
- However, in the Company’s sole and absolute discretion, it may require such evidence as it thinks fit to demonstrate that the Account Manager has authority to act on the Client’s behalf and has the Regulatory Consents required.
- Overall, Lime Fx is a well-regulated broker providing a secure trading environment for traders.
- Lime Fx is regulated and authorized by the Seychelles Financial Services Authority (FSA) which ensures that Lime Fx complies with all applicable laws and regulations.
By engaging with the platforms ourselves, we provide insights that are both practical and trustworthy. Yes, Lime Fx offers a demo account with virtual funds, allowing traders to practice trading strategies without risking real money. Spread rates may vary based on market conditions and the type of account selected. Issues related to withdrawals appear to be a recurring problem, common with less reputable brokers.
What Payment Methods Are Available on Lime Fx?
The details of these dates are available in the Contracts Specification on the Company’s website. The Company will not be subject to any obligation to roll over a position in such a derivative Financial Instrument. The Client’s mere communication of an instruction does not constitute a binding Contract between the Company and the Client.
Competitive Fee Structure
Lime Fx integrates MetaTrader 4, which offers one-click trading but has a minimum timeframe of 1 minute. Additionally, the broker does not provide Virtual Private Server (VPS) hosting for low-latency trading and charges average-to-high spreads on popular instruments. If you find yourself a victim of Lime Fx’s questionable practices, it’s essential to take action. Contact your bank or credit card company to report any unauthorized transactions.
Traders can reach out via email at and can anticipate a response within 24 hours. Lime Fx’s commitment to trader enrichment is manifested through its extensive range of educational resources. From novices to experienced traders, everyone can leverage webinars, podcasts, and a variety of video-on-demand services to enhance their understanding of the financial landscapes and refine their trading strategies. A pivotal feature of Lime Fx is the incorporation of a negative balance protection policy, a preventive layer safeguarding traders from potential losses exceeding their investments. This robust policy ensures the security of traders’ funds against erratic market shifts, manifesting as a significant benefit provided by the brokerage.
Account Types and Terms
Trading and investing should never be treated as a game, and caution is crucial when dealing with brokers promising easy profits. However, the platform’s attractive yet somewhat casino-style design could raise concerns, suggesting an approach focused more on gaming rather than professional trading. After selecting your preferred withdrawal method, you will be directed to a page to enter your banking details and specify the amount you wish to withdraw. If you have an account with Lime Fx and want to withdraw funds, here is a clear guide to follow.
By choosing Lime Fx, you are not just selecting a broker; you are aligning with a partner devoted to empowering your trading journey, ensuring it is sophisticated, secure, and surpasses the conventional boundaries of trading experiences. Lime Fx ascends as a leader in the trading domain by catering precisely to what traders seek. We unveil a diverse spectrum of financial instruments, platforms, and account types, optimizing convenience in your trading endeavors. Lime Fx is a relatively new player in the online trading industry, established with the goal of providing a comprehensive trading experience backed by cutting-edge technology and regulatory compliance.
In this case, the Company will inform the Client via its internal mail or email of the said adjustment and no Client consent will be required. In the case where the Company’s Risk Management believes the Client is deliberately attempting to take advantage of the fact that shares in a particular Spot Index going ex-dividend, the Company reserves the right to apply a dividend adjustment. In the case of short positions, the dividend adjustment will be debited from the clients’ account where dividend adjustment will be equal to Index Dividend declared x position size in Lots. Before deciding to trade, it is essential to understand the risks involved fully. Ensure you are aware of your risk tolerance and seek independent financial advice if necessary.
7.12 Considering the levels of volatility affecting both price and volume, the Company is constantly seeking to provide client orders with the best execution reasonably possible under the prevailing market conditions. Client’s orders (Buy/Sell, Buy Limit, Buy Stop, Sell Limit, Sell Stop, Stop Loss and/or Take Profit) are executed at the requested/declared price. In such case, Take Profit orders below/above Buy Stop/Sell Stop orders or Stop Loss orders above/below Buy Stop/Sell Stop orders during activation will be removed. The same execution policy applies when a trading strategy is deemed as abusive, because it is aiming towards potential riskless profit or another strategy deemed by the Company to be abusive. Accordingly, placing a Stop Loss order will not necessarily limit the Client’s losses at the intended amount.
This ensures that we accurately convey facts and events so that investors and traders can read our content with confidence and make informed choices. TradingFinder.com assumes no responsibility for any potential losses or damages. Past results are no guarantee of future success, so make your financial and investment decisions with utmost care. While the broker offers comprehensive, responsive, and dedicated support through these channels, the lack of phone support can be a letdown for potential customers. The MT4 platform is available as different versions, such as the desktop version and the mobile app. Traders can also use the platform’s web version to access the markets from any computer with an internet connection.
Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity they choose to open an account with. In our reviews, we examine the licenses and regulations of each entity operated by a broker, allowing us to compare their different levels of protection. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation. Lime Fx operates a single entity – Tradeco Limited – which is licensed and regulated in Seychelles by the Financial Services Authority (FSA). Their small advantages, such as tighter spreads, are the primary distinctions between them. The CENT account, which is specified in cryptos rather than in fiat money, is another source of distinction.
The Company shall at all times ensure that clients are treated fairly and with the highest level of integrity and that their interests are protected. 21.2 The Company pays a fee/commission to Introducing Brokers, or other third parties based on a written agreement. This fee/commission is related to the frequency/volume of Transactions performed by and the number of referred Client to the Company. The Company will disclose to the Client, upon his request, further details regarding the amount of fees/commission or any other remuneration paid by the Company to Introducing Brokers, or other third parties. 18.10 Unless the Parties otherwise agree, in writing, any amount payable by limefx forex broker the Company to the Client, shall be transferred directly to the Client’s personal account. Fund transfer requests are processed by the Company within the time period specified on the Company’s Website and the time needed for crediting into the Client’s personal account will depend on the Client’s Bank Account provider.
The Company will then notify the Client of the effected sale orally, via email or by sending a relevant notification via our Trading Platform. The Company shall take every effort to notify the Client prior to any fund transfer request, of all charges, fees and costs for the said fund transfer. The Company shall be under no obligation to verify the authority of an Account Manager or that the Account Manager has the required Regulatory Consents. However, in the Company’s sole and absolute discretion, it may require such evidence as it thinks fit to demonstrate that the Account Manager has authority to act on the Client’s behalf and has the Regulatory Consents required. 9.7 The Company reserves the right to change the Client Account type from premium to standard and vice versa based on the total Margin deposits made on the Client’s account as well as based on the Client’s trading account current balance.
Just as important is the ability to easily scale price action, allowing for a clearer and more detailed view of market movements. Lime Fx offers Cent accounts for algo testing, and algo https://limefx.name/ traders can use Expert Advisors (EAs) to automate their trading systems. However, the broker does not provide free Virtual Private Server (VPS) hosting for low-latency trading and stable internet connectivity. Day traders can benefit from Lime Fx’s robust market research, including featured trading ideas by Trading Central and a diverse assortment of tradable instruments.
The Client also acknowledges and accepts that he has read and accepted the “Risk Disclosure” document, which is available on the Company’s website. 4.3 When the Company receives the Client’s completed online application form, it may use the information to conduct any further enquiries about the Client as the Company determines under the circumstances and its internal policies and procedures. The Client will need to co-operate with the Company and supply the information requested promptly. The Company relies on the information that it is provided by the Client in the online application form or otherwise as being correct and not misleading at all times, unless you notify us otherwise in writing. In particular, the Client must notify the Company as soon as possible in writing if any of the details provided to us in his application form or if his circumstances have subsequently changed. 2.3 This Agreement is provided to assist the Client in making an informed decision about the Company, its services, and the risks of the Financial Instruments.
Due to the high volatility of the market as well as the internet connectivity between the Client terminal and the Company’ server, the prices requested by the Client and the current market price may change in the period between the Client placing his order with the Company the time the order is executed. Every broker review undergoes a rigorous self-testing process, where our analysts actively trade on the platforms under review. This hands-on approach allows us to assess the broker’s performance across key areas such as execution quality, platform usability, fee structures, and customer support.
28.6 The Client acknowledges that the Company does not provide tax advice, and it is the Client’s responsibility to remain informed at all times as to their tax liabilities and obligations arising out of their Account activity. 28.3 Client acknowledges and agrees that any information including, but not limited to, information regarding income paid or credited to or for the Client’s benefit maybe reported to the tax authorities (directly or indirectly) in which the Client is a resident for tax purposes. 25.1 Under Applicable Regulations the Company is required to have arrangements in place to manage conflicts of interest between the Company and its clients and between clients themselves. The Company shall maintain and operate effective arrangements with a view to taking all reasonable steps to avoid conflicts of interest. When conflicts of interest cannot be avoided the Company shall disclose to the Client the nature and source of the conflict.