The first step is to enter your name, email address, and choose a password. Clients can also choose to log in with Facebook, Google, or Apple Accounts. The registered or entered email address will be used to register the account at Lime Fx.After completing the first step, a mail will be sent to your registered email address. This mail will have the limefx scam link to advance in the account opening process. Lime Fx was launched in 2011 and accepts clients from various countries of the world.
Although, they only have CySEC and FSASVG regulatory licenses. They are not regulated by any top-tier regulatory authorities like FCA, FSCA, or ASIC. It is important to check the regulations and protection while trading online. The safety of your deposited funds largely depends on the regulatory compliance of the broker. We have thoroughly analyzed every component of Lime Fx to provide a comprehensive and honest review of Lime Fx. This review has been done specifically for Malaysian traders.
This will require clients to upload a scanned copy of their name and address proofs. The executives at Lime Fx will verify the details and will send a confirmation email. The confirmation is generally done within 1-3 hours but can also take up to 24 hours. The link will redirect you to the account form where you will need to enter country, city, address, and date of birth. Clients must note that all the details in the account opening form should match with the details on their documents. The FSA of St. Vincent and Grenadines follows the guidelines and regimes of St Vincent and Grenadines.
They constantly roll out contests and giveaways on regular basis to reward the clients. Live chat support is a resourceful method to connect with executives and resolve queries. The 24/7 availability of a live chat window is a major advantage but the absence of local phone support is a limitation of choosing Lime Fx in Malaysia. CFDs are derivative instruments in which the price difference is speculated. Each asset class can have different sizes of a standard lot.
This website serves as an overview and information platform about the broker. All articles and content on this site are written by industry experts and are intended to provide information and opinions. Please note that this site is not affiliated with the official website of any broker that is reviewed or mentioned. The contents of this website should not be considered as financial advice.
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MT4 is the most widely used desktop trading platform with a very basic interface that looks similar to Windows 98. MT4 was launched in 2005 and is still used by a lot of traders globally. MT5 is an upgraded version of MT4 with more advanced features, indicators, and patterns. MT5 is preferred by algorithmic traders and experienced traders. Partnership network development strengthens market position. Regular trading seminars connect Malaysian traders with market experts.
We recommend you can try the broker after researching their site and chatting to with support to answer any questions you may have. The number of tradable instruments on Lime Fx is few, which means they may not have some instruments that you want to trade. The calculation is based on the maximum margin used by the Master as well as the orders’ lot sizes that the Master places within the last 7 active days. Once your verification is complete, you will be able to fund your account with any deposit method and start trading. Step 6) Step 6)Immediately, you will be taken to your account dashboard. This is where you can change your trading parameters like leverage.
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Real-time monitoring tracks market exposure and margin levels. Automated warning systems alert clients about potential margin calls. Multi-level security protocols safeguard trading operations and client data.
- Trading instruments include major global markets and local assets.
- Continuous platform development enhances trading capabilities.
- FSA is responsible to the Ministry of Finance and Government of St Vincent and Grenadines.
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Although Lime Fx does not offer MYR account currency you can deposit Malaysian Ringgit via local banks and it will be converted into your chosen account currency. All trading, fees, deposits/withdrawals, and profits/losses will be shown in your chosen currency. If there is any negative balance from an unsuccessful position, the account is reset back to zero balance.
Glossary for traders
Operating in Malaysia, the company maintains high standards of trading execution and client support. The Malaysian office serves as a regional hub for Southeast Asian traders. Trading volumes exceed 50 million USD daily through Malaysian operations.
- Some chat agents declined to answer some questions, claiming they could only give such information to registered Lime Fx traders.
- Clients can also choose to log in with Facebook, Google, or Apple Accounts.
- Following are the steps included in the opening live trading account at Lime Fx.
- It is an ideal platform for beginners with a simple interface and easily available trading tools.
You should go through the list of Masters to check their trading history and performance, and then choose the one you prefer. Keep in mind that different Master Traders have different settings so you might have to adjust your balance accordingly. CopyTrading on Lime Fx is a feature that is designed for traders that do not want to trade on their own and would rather copy the trades of other traders, known as Master Traders. Here is a summary of payment methods for withdrawals accepted on Lime Fx. Lime Fx offers a variety of bonus offerings for Malaysian clients.
Yes, Lime Fx allows withdrawal of funds through multiple methods. Clients residing in Malaysia can deposit and withdraw through credit/debit cards, e-wallets, and cryptocurrency wallets. Lime Fx does not charge any fee for deposits or withdrawals in Malaysia. The customer support service plays an important role whenever clients face queries while trading. The quality and diligence of support services must be checked before opening the account.
MT4 and MT5 mobile trading platforms can be downloaded on mobile and tablets of Android and iOS operating systems. Apart from MT4 and MT5, no other trading application is supported at Lime Fx. Traders need to separately download the MT4 or MT5 trading application from the play store or app store and link it with the live trading account at Lime Fx. The pricing structure of both the account types is the same as the trading fee is built into spreads.
Overall, Lime Fx is among the most cost-effective broker to trade CFDs in Malaysia. No swaps fees are applicable on the MT5 account https://limefx.name/ and MT4 swaps are lower than many CFD brokers in Malaysia. The customer support of Lime Fx is available 24/7 via live chat and email, they respond quickly, and their answers were satisfactory.
The company processes over 1,200 transactions daily for Malaysian clients. Lime Fx offers 24/7 customer support options for traders via 2 channels. Our team tested the live chat and email support, here is our review. They support deposits/withdrawals to Malaysian bank accounts, and has 24 hours live chat and email support from Mondays to Sundays. The Lime Fx demo trading account is useful for beginners to gain experience of trading forex and CFDs.