The Lime FxFX Champion offer is a contest run by the broker whereby you can open a demo account and trade for 4 weeks. The platform can be accessed through Windows, Mac, iOS, or Android, and is an excellent and very well-respected trading platform among the community. Again the platform is available on all mediums and a webtrader is offered.
Follow the instructions on the screen and confirm the transaction. First off, you will notice when you are trading at Lime FxFX that the broker website has a huge FAQ section which in itself covers a range of topics with dozens of answers to the most common questions. As a copier here, you also will not be charged any other commission besides that set by the person you are copying. This amount can vary depending on the master as they have freedom to individually set commission. You can access strategies to follow through the community forums and program your own with MQL5 and C# fully supported.
user reviews for Lime FxFX South Africa
You will also find fixed spreads available on the MT4 Micro account that start from 2 pips. You can expect market execution to happen in under 0.1 seconds. The spreads when trading here are also kept as tight as possible. The combination oflow spreads and fast execution speeds make this broker a great choice for scalpers. Lime Fx also has a 50% deposit bonus which is available for South African traders as well.
- First off, you will notice when you are trading at Lime FxFX that the broker website has a huge FAQ section which in itself covers a range of topics with dozens of answers to the most common questions.
- For those reasons, our team here at Investingoal is happy to recommend Lime FxFX as a top choice for scalping.
- The overall trading fees is quite low with all 3 accounts, plus they are also a CYSEC regulated broker.
- If you want a beginner-friendly and easy-to-use account, newbie usually use Metatrader.
Is Lime Fx a good broker?
So, long story short, account verification is a big deal at Lime FxFX. It’s all about confirming your identity, complying with regulations, and making sure everything is legit. It’ll make your trading journey smoother and more secure. Now you just need to wait for the funds to be reflected in your account.
You can look forward to trading with the MT5 trading platform on this account where the spreads start at great value from 0.2 pips. The first, and best place for most traders to get started is an Lime FxFX demo account. Here you can learn the ropes, ideal for a beginner, with no obligation to enter live trading. limefx broker reviews ForexBrokers.co.za is a broker comparison & education website for South Africans. We aim to help traders in South Africa find the best forex brokers.
Overall, the spreads at Lime Fx are considered quite low & there is no extra commission charged. You have to be at least 18 years old to sign up with Lime FxFX. As part of Lime FxFX financial regulatory requirements Lime FxFX are only allowed to offer trading services to those legally classed as adults. The reasoning behind this is likely to do with the stringent ESMA regulations in place and a desire from all the best forex brokers to remain completely transparent and compliant. Also check out our guide to Lime FxFX account types before you open a real account. Depending on your country of residence you will have different deposit methods and base currencies available.
You can use BTC, ETH, LTC, DOGE & USDT as your payment method for both side. You are offered a range of financial asset classes to select from by Lime Fx. However, its offerings are limited in comparison with other standard Forex brokers in the market. Lime Fx offers traders a range of content for research through the Traders’ Tools section. Customer Support is offered through Live Chat and E-mail from Monday to Friday for 24 hours.
As for the deposit itself, Lime Fx allows clients to deposit with any currency to the USD or EUR account. It will be converted at competitive market rates at that time to either USD or EUR. Both social and copy trading is well provided for at Lime FxFX through their own proprietary copy trading service. Here you can choose to be the master (Provider), or copier. The only real difference here being that as a master you can earn commission.
IC Markets Broker Min Deposit
Yes, Lime Fx is regulated by FSCA, but they are not an approved ODP. Lime Fx Group is regulated with 1 Tier-1 regulation CySEC (license number 372/18). Trader from SA are registered under Orinoco Capital (Pty) Ltd, which is registered in SA.
But for the last few months, I have been facing issues with withdrawal. Tried calling limefx forex broker customer support many times but didn’t get any satisfactory answer. Distressed with the services, I searched for another Forex broker and found TradeEU. The broker was regulated, I quickly created an account and started trading.
What are the Lime FxFX deposit methods? (how to deposit)
The broker offers support for MT4 and its easy-to-use proprietary platform, Lime FxFx Terminal, available as a desktop and mobile application.But I can’t say for sure whether this broker is good and safe. In this article, it is simply explained that Lime FxFx is subject to regulation in a number of different countries. I ask friends for clarification, is the Lime FxFx broker safe for my trades and funds?
The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose. One of the main reasons for which you should trust Lime FxFX is because of its minimum deposit. As a beginner trader or investor on Lime FxFX, you must deposit a minimum of $100 or 100 euros. On top of this, you can also make a minimum deposit of 50% of this amount, but the conditions will be slightly different. Filippo Ucchino is the founder and CEO of the brand InvestinGoal and the owning company 2FC Financial Srl.
While they share some similarities, there are some key differences you should be aware of. I have been in the world of trading for almost 10 years with many brokers that I have tried. In my experience trading at several brokers (including this Lime FxFX broker), of course it’s better before you make a deposit, it’s better if the account is verified first.
