A responsive and knowledgeable customer support team is a hallmark of Lime Fx. Traders can access assistance via live chat, email, or phone, ensuring prompt resolution of queries. Additionally, Lime Fx provides educational resources, including webinars and tutorials, to support traders at all levels in enhancing their trading skills. Lime Fx offers demo accounts, apparently without any time limit, making them ideal for testing algorithmic trading solutions and new strategies. I want to caution beginner traders against using a demo account as an educational tool. It creates unrealistic trading expectations, and the absence of trading psychology negates the educational value.
Positive experience so far
The broker does not intervene, and I even get better prices than I envisioned often. The secure back office of Lime Fx handles all financial transactions. Lime Fx maintains a nice balance of traditional payment processors like bank wires or credit/debit cards, modern e-wallets like Skrill or UnionPay, and cryptocurrencies. Lime Fx holds a regulatory license from the Cyprus Securities and Exchange Commission (CySEC).
As a day trader this has remarkably increased my perfomance. My only disadvantage is that you are limited to 50 lots per trade so you have to open multiple orders. The broker’s no dealing desk (NDD) execution model also prevents re-quotes and involves no dealer intervention in your trades.
Lime Fx uses state-of-the-art Secure Sockets Layer (SSL) network security protocol to keep client private information safe. Furthermore, all client funds are held in accounts with major international banks and kept segregated from Lime Fx corporate accounts. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation. This broker has a great platform that can be used to make a profitable income… The financial instruments are well combined and there are different account and payment methods plus great customer service.
Lime Fx ECN XL account holders pay no commissions to trade any supported asset. Dealing spreads for forex pairs and CFDs can vary from 0.0 pips upwards depending on the liquidity and trading volume of the asset involved. Security is a paramount concern for traders, and Lime Fx addresses this with a commitment to maintaining a secure trading environment. The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC), adding an extra layer of credibility and assurance for traders. They have been on the market for so many years, more than 10, that we do not need to worry about reliability. They have a license, they are well regulated, and are even allowed to trade in precious metals.