Leverage brings an opportunity to increase your potential gains through its possibility to multiply balance in a particular number of times. Yet remember that leverage may work in reverse too, defining also your risks, that is why it’s so important to understand how to use tool smartly. However, according to applicable laws and regulations, the conditions vary from one entity to another, see our snapshot of Lime Fx licenses below. Besides, Lime Fx offers its trading service along with the applicable licenses in each region it operates that regulate the Forex industry, therefore delivers service trustworthily. Thank you for sharing your feedback with us.We’re sorry to learn about your recent experience and want you to know that your concerns limefx courses scam are important to us. To provide the appropriate support, we kindly ask for additional details.

They have Zero Account which has Raw Spreads from 0 pips & upto $7/lot commission. Also, Lime Fx doesn’t charge any extra fees for deposits or withdrawals from traders in South Africa. Lime Fx is one of the few forex brokers that have local bank transfer option for funding & withdrawals. This makes them a better limefx reviews option than any foreign brokers, as you can deposit & withdraw funds in ZAR quickly without any extra fees. Lime Fx offers the full range of the MT4 and MT5 trading platforms.

You should check the exact margin requirements & the fees for every instrument at Lime Fx. First, you must know the symbol for the index that you want to trade. For example, if you are to trade DJI (Dow Jones Industrial Average), which is a basket of 30 major stocks in the US, the symbol for that is USA30 at Lime Fx.

Forex Risk Disclaimer

You will receive a $100,000 virtual money when you open a Demo account where you can test your trading strategies under the close to real market conditions. Lime Fx Demo account is designed to closely resemble the Live account thereby offering a seamless transition to the Live account for anybody new and test the market before putting their real money. These tools/services are meant to improve your trading experience and help you to stay alert on economic matters. Withdrawals requested via a bank transfer  take anywhere from 2-10 days  and there are no withdrawal fees.

Spreads And Broker Costs

They providelucrative programs without standing support and advanced technology. Eachpartner is linked with a Personal Account Manager to make sure their plans aresuccessful. Education is another strong point of Lime Fx since the broker concentrates and puts efforts on Africa and Asia regions so its allows various traders to join in. Various payment methods will process withdraw money in slightly different time.

Lime Fx (HF Markets) Review

Active traders can lower expenses via the volume-based loyalty program. Equity CFD commissions of 0.10% and trading costs on commodities, indices, ETFs, and bonds remain equally competitive. Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders check regulation and verify it with the regulator by checking the provided license with their database. There are multiple ways to fund trading accounts supported by Lime Fx. Besides broker issue its very own Lime Fx MasterCard for a straight transaction and the ability to make safe online payments.

Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004. Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates. He has a Masters and Commerce degree and has an active role in the fintech community. He has also published a book in 2023 on on investing and trading. But, when it comes to developing trading skills that are going to mean the difference between profits and losses on your account, Lime Fx isn’t going to help you get there.

We’re thrilled that you found our trading conditions and support to your satisfaction.We’re also glad that our quick deposit and withdrawal processes made your trading smooth and hassle-free. Your recommendation means a lot to us, and we look forward to continuing to serve you.If you need anything, we’re here to help. We’re glad to hear you’re impressed with our trade execution and satisfied with the services after a year of trading with us. Your satisfaction is our priority, and we look forward to supporting you in the future. If you’re from the UK, Europe or the UAE, Lime Fx is a highly regulated broker with a respectable amount of tradable products.

1. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
2. Lime Fx is a broker with a good reputation and regulations based on our finds.
3. Below is the screenshot of the major indices at Lime Fx, for example.
4. Lime Fx caters to most traders from its headquarters in Saint Vincent and the Grenadines, but it has offices in each country where it maintains a regulatory license.
5. So in our financial review though either you wish to join copy traders or to use EAs, perform scalping or become a partner etc. there is an option for all.

Lime Fx does not ask unnecessary questions, the process is hassle-free, and the back-office user friendly. Lime Fx has received 60+ industry awards from well-respected sources. They are a statement of the ongoing efforts by Lime Fx to maintain a competitive edge for its clients. A four tier loyalty program rewards active traders with cash rebates and other perks.

Lime Fx Broker Review Withdrawal step by step

All BrokerNotes content is researched, fact-checked, and edited by the research team. There are nolimits on commissions or on how to manage your business. HF Affiliates is oneof the leading Partner Programs in the industry featuring competitivecommissions, marketing tools, and exceptional support. Itis a very comprehensive offering and is led by the Lime Fx Head Markets Analyst.

Traders can access theWeb Trader on any browser by just launching it and logging in with your accountdetails, placing trades on just a button. Traders can view theirtrading activity and analyse using advanced analytical tools and charts attheir disposal. Lime Fx has added the new and updated version of MT5 boastsstate-of-the-art features including options for hedging, while MT4 is slightlyless advanced and more suited to traders who are new to the markets.

While the numbers above use the spreads brokers publish on their website, Ross Collins from our team tested the Standard Account Spreads for 20 brokers to see how they performed. In the sample below, we can see that Lime Fx isn’t the best choice for spread-only trading given most other brokers perform better. Established in 2010, and with more than 200 staff globally, the company is one of the top 10 retail forex brokers (by volume) in the world (see Forex Trading Statistics). Very popular over all in South East Asia, many of my trading buddies do trade with Hotforex due to ease of access and stability.

Also, international trading is done via offshore branches with lower requirements, however Lime Fx has good reputation so is considered to sign in. There have been no problems encountered using the Lime Fx system.Deposits and withdrawals are easy, convenient, and receive very fast service.There are employees periodically asking about usage problems. Always notify about good promotions.The account I am using does not charge swap fees for orders placed across the day. I found the volume of research released by the analyst team to be more than sufficient for keeping most traders up to date with the latest market movements. Lime Fx also provides traders with a large amount of market research.