Lime Fx Denies Money Laundering Allegations Amid Investigation In India

Some features and services may vary depending on where you reside. Founded in 2011, Lime Fx is a global multi-asset CFD broker. As stated on their website, over 21 million trading accounts have been opened across 180 countries with Lime Fx. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. Lime Fx (formerly Lime FxFX) offers a basic, low-cost MetaTrader platform experience alongside its proprietary web and social copy-trading platform.

Can I withdraw money from Lime Fx?

You sound like a happy client of Lime FxFX’s , great feedback for new traders to know. Their tools are intuitive and their market insights are highly useful. Lime Fx offers a variety of deposit and withdrawal alternatives, such as bank transfers, credit cards, e-wallets, and cryptocurrency wallets, for easy financing. With a collection of 30 cryptocurrencies on offer, Lime Fx presents traders with the opportunity to engage with an innovative asset class characterized by great instability and possible large returns. Regarding financing transactions, Lime Fx guarantees that traders get the full value of their capital flows by not charging deposit or withdrawal fees.

However, trailing stop-loss orders are only available from the desktop. To change the language of the MT5 app, you must change the language for your entire phone. As with the desktop and web platforms, the interface is not highly intuitive, but the MT5 app offers an above-average range of features. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers.

What is the minimum deposit required to open an account with Lime Fx?

At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. Lime Fx has also gone above and beyond with its education materials which include live webinars and carefully crafted courses. Customer service is highly responsive, with one drawback being that there is no phone support. Lime Fx also made a significant step forward since my last review by adding 150 CFDs on shares from 16 global stock exchanges.

A proprietary trading platform, Lime FxTrader, is also available for desktop, laptop, or mobile limefx broker reviews device as an app, allowing traders to manage their Lime Fx portfolios. Lime FxTrader uses TradingView’s charting technology allows for comfort and customisation. It has more than 10 million downloads from Android-based devices. The success of the proprietary Lime Fx copy trading service resulted in the launch of a dedicated mobile app. It’s been a great journey till now with exciting events and prizes Lime Fx offers on a regular basis.The amount of bonus I get for each deposit is exceptional!

Lime FxFX provides a fantastic demo account that has allowed me to practice my strategies without any financial risk, which is great for honing my skills. Lime FxFX’s commitment to user experience is evident in their well-designed platform, making it easy for traders of all levels to navigate and succeed. The platform is not only user-friendly but also packed with useful features that enhance my trading experience, making it enjoyable and efficient. Their platform is user-friendly and their market analysis is highly detailed and accurate. Their trading tools are effective and their customer support is responsive and helpful. Lime FxFX’s user-friendly platform and accurate market analysis make trading efficient and effective.

A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). Lime Fx has over 50 different payment options, such as Visa, Neteller, Fasapay and bitcoin, as well as a large variety of local bank transfers. The availability of these payment methods may also depend on your country of residence. Though it has been granted regulatory status in Cyprus and South Africa via an intermediary (Orinoco Capital), Lime Fx’s lack of additional reputable licenses heavily weighs down its Trust Score. Becoming regulated in more jurisdictions – especially in Tier-1 jurisdictions – will go a long way towards building trust with existing and prospective customers.

Lime FxFx is absolutely a Fully Reliable Excellent Trading Partner

Spreads on Lime Fx can vary based on the account type and market conditions, with some accounts offering spreads as low as 0.0 pips. Lime Fx, formerly known as Lime FxFX, is a global online broker providing access to various financial markets, including forex, CFDs, and commodities. The app features Space, an exclusive feed by Lime Fx with technical and fundamental market analysis, trend directions, market news, economic calendar, and more from Lime Fx analysts. Lime FxFX delivers exceptional trading services with a user-friendly interface and detailed market analysis.

Actually I used Lime Fx Since 2020 but I just active now after rest 1 year.. Before Lime Fx easy to wd and easy limefx scam to deposit, Fair Spread and Fair Play. You can download the MT4, MT5, and Lime FxTrader platforms from the Lime Fx website. Installation guides and step-by-step instructions are also available to help you set up the platforms on your desktop or mobile devices.

The investigation began in 2023, with the ED accusing Lime Fx of engaging in unauthorized forex trading in India. While India regulates the forex market, CFD trading itself is not explicitly banned, although it remains unregulated in the country. Lime Fx operates within this grey area, serving a global clientele while providing traders access to various financial markets. “To provide the most convenient conditions for our clients, we, like other global brokers, work with various regional and local partners who provide local payment options. Lime Fx has never been affiliated with any of the betting companies, including those mentioned in the allegations. It is important to clarify that according to the local laws in the countries of our registration, information about controlling and ownership is not publicly available due to the privacy regulations in force.

Always great to hear about good customer service from a platform. Their trading tools are effective and their market analysis helps in making informed decisions. Their platform is easy to use and their market analysis is consistently reliable. According to our findings, Lime Fx emerges as a key participant, delivering a formidable combination of low spreads, a no-commission pricing structure, and a range of platforms to suit various trading preferences.

1. Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker.
2. Lime Fx classifies the MT4 trading account for the Traditional Trader and MT5 for the Innovative Trader.
3. Their trading tools are effective and their customer support is responsive and helpful.
4. We’re delighted to hear that you find our platform user-friendly and that your deposit experience has been quick and hassle-free.
5. MT4 provides comprehensive technical analysis tools, a user-friendly interface, and automated trading capabilities via Expert Advisors (EAs).
6. Lime FxFX has transformed my trading experience with its intuitive platform and excellent tools, making every trade smooth and enjoyable.

Account Application

At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we’ve found that Lime Fx Group holds 4 global Tier-1 licenses, while Lime Fx holds 1. Lime FxTrader offers a selection of 80 trading instruments, including currencies, metals, energies, indices, and cryptocurrencies. No overnight charges and no commissions are charged when using this trading platform. Lime Fx takes it further and offers swap-free trading in its MT4/MT5 accounts.

Lime Fx has made great strides with its pricing options for traders and its educational content, but suffers from a limited range of tradeable instruments. Travel_explore See the best forex brokers in your country. It’s important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. Both Lime Fx Group and Lime Fx offer Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw). To open a trading account with Lime Fx Group, you’ll need to make an initial minimum deposit of $5.

Lime Fx utilizes MetaTrader 5 as its gateway to a more intricate trading realm, expanding upon the advantages of previous versions. MT5 features enhanced analytical tools, expanded technical indicators, and increased period options for meticulous chart exploration. With a highly customizable interface that accommodates the unique preferences of individual traders; it remains an accessible option for those seeking precision while dealing with various financial products effectively. This platform caters to a wide range of users, including both experienced professionals and novices seeking to gather practical knowledge.

Please update this review with your email or trading account number so we can check it further. Regarding spreads during news events, we’re working on providing the best possible trading conditions, and your feedback helps us identify areas for improvement. If you wish for lower spreads, opting for Gold or Platinum status is a viable option, which both tighten them. Due to market volatility, the difference may not be that high, but it will help you secure your trades in a safer environment.