Lime Fx ensures traders’ easy access to help by offering several lines of communication. Live chat is the main means of contact; it provides quick help and is open 24/7 in English, Hindi, and Urdu, among other languages. Lime Fx is among the fastest brokers in terms of fund accessibility since withdrawal requests are handled quickly—usually within one to three hours. Still, the chosen payment method and geographic location could determine the real-time for money to get to the trader’s account.
Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. 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). Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team. The market news is https://limefx.name/ updated hourly and helps to stay updated on market trends.
Lime Fx Compared to Other Brokers
At Lime Fx there is an option to submit for a Demo practice account and use the unlimited sources to polish strategy or get to know platforms and Lime Fx conditions better. Account opening isnt hard, alike in our tests we opened Demo account in a matter of minutes you just have to follow simple submit on website and get started. Overall, the range is suitable for most traders limefx scammers either beginners or tradrs with experience, also we would mark that range of Products vary by the platoform you use also the entity of Lime Fx.
From newcomers honing their skills to seasoned traders meticulously refining their strategies, this resource proves indispensable. Lime Fx provides various special tools and features that improve the trading experience outside of traditional platforms and typicall tools provided by the research avialable on site. Here are few more additonal features that are available aminly on Intrrnational branch. By means of Expert Advisors (EAs), MT4 supports automated trading, therefore improving trading efficiency and facilitating users to apply algorithmic techniques effortlessly.
Easier trading with MetaTrader 4
We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. At FXStreet, we aim to provide our readers an honest and impartial look at certain brokers that you might be interested in trying. The dashboard, or client portal, provides relevant information and tools regarding the account. Numerous sections focus on customer services related to accounts and administration rather than market-related issues. From the dashboard, you can make withdrawals and internal transfers, view promotions, invite friends, check account records, manage accounts, participate in contests, view user statuses, and engage in copy trading. A status program is offered where clients, based on their deposited funds, can access different levels that provide enhanced services.
Minimum deposit
We consulted customer service, and they confirmed that these were the available methods for our accounts. In 2022, trading over the weekend was allowed due to the rise of cryptocurrencies. After more than 10 years in the market, the company claims to have opened over 40 million accounts, received more than 70 awards, and paid out over 33 million USD in bonuses.
It features attractive charts for all three account types, allowing trading and modifications. From a trading perspective, the app is comprehensive, including an economic calendar and a section called “Space,” which features posts about different market assets filtered according to the trader’s interests. The Lime Fx platform provides a web-based and mobile alternative, but there is no desktop version, which can be inconvenient for traders who prefer a dedicated program over a web browser. The web-based platform offers quality charts, allows for the placement of technical indicators and lines, and supports alerts that arrive as notifications from the broker. However, it lacks weekly and monthly time frames and does not offer an intuitive zoom tool. In this review, the FXStreet team presents an independent and comprehensive analysis of Lime Fx, grounded in direct testing and real user experiences.
- Since the regulation demands strict follow of Forex business operations management, it is considered safe to open an account either with Cyprus, South Africa or an international Lime Fx entity.
- Lime Fx, in this regard, stands firm as it complies with all necessary regulations and takes substantive measures to ensure client funds’ safety.
- Lime Fx uses highly secure technology to safeguard personal information and financial transactions.
Lime Fx (formerly Lime Fx) is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilized by clients from 180 countries with more than 40+ million trading accounts. Lime Fx is a technology-based brokerage company and Forex broker that offers an industry-leading platform Metatrader4 and MetaTrader5 with numerous investment opportunities and great capabilities. Lime Fx is best suited for both beginner and intermediate traders due to its easy-to-use platform, educational resources, and low minimum deposit requirement. The broker provides comprehensive trading tools and features that traders can leverage to optimize their trading strategies.
This means you can develop, test, and apply EAs to eliminate obstacles in analytical trading activities. Expert Advisors are written in a proprietary programming language called MetaQuotes Language Version 4. MetaTrader 4 (MT4) provides robust technology and high security, helping users trade without worrying about the platform’s stability. It offers tools for price change tracking, trend pattern recognition, and automated trading.
While other Brokers like Pepperstone or Lime Fx, also IC Markets might be more appealing for platforms fees, education and their high reputation too. Lime Fx has good educational and training tools for beginners as well as expert traders. According to data, traders using Lime Fx’s educational content tend to make a larger profit which is indeed a benefit. Lime Fx research upholds elite-level online training & education quality that is grounded firmly on empirical and social science. The broker’s focus on providing comprehensive education, assuring its client’s best understanding of the market, has resulted in two ‘Best Education Broker 2023’ awards from Forexing.com and Holiston Media. As a licensed broker that obliges to safety measures, Lime Fx Cyprus offers only Bank Wire Transfer for its European clients.
- After selecting this option, we entered the amount, wallet address, and a security PIN (sent via email during the account setup with Lime Fx).
- The trading experience in Indonesia can vary based on the preferences and trading styles of the trader.
- The market news is updated hourly and helps to stay updated on market trends.
- There is certainly room for enhancement, such as the introduction of 24/7 support, yet the existing offering should meet the needs of the majority of traders and can be considered dependable.
- The differences are the platform and assets options, thats pretty much it.
We’ve added 25 new pairs
For every standard lot traded, you earn prize lots, which can be redeemed for items like T-shirts, gadgets, or even a MacBook. Higher account statuses (Silver, Gold, Platinum) help you earn prize lots faster. To keep your prize lots active, you must trade at least once every 30 days. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. The broker introduces the Lime Fx Trading App to Indonesian traders seeking a smooth and efficient trading experience. This mobile application provides traders easy access to all accounts, including demo accounts, and integrates seamlessly with Market Insights to improve decision-making.
Bonus Offers and Promotions
Becoming regulated in more jurisdictions – especially in Tier-1 jurisdictions – will go a long way towards building trust with existing and prospective customers. Rather than specializing in any one field, Lime Fx provides a wide assortment of content types. However, when compared to research leaders IG, Saxo, and CMC Markets, Lime Fx has room to enhance its research offering. For instance, I found that the content on the Lime Fx Blog is not updated daily across all categories. Lime Fx handles customer queries through multiple channels including a live chat function, email, and phone support. Lime Fx requires a minimum deposit of only $25, lowering the entry barrier for many traders.
You can only add money to a real account
While obviously, Lime Fx Cyprus is more trusted, the international proposal features more comprehensive tools and conditions along with education and research materials and MT4 availability. Lime Fx offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments. There’s no question – if Lime Fx wants to compete with the best MetaTrader brokers, it needs to make improvements in its range of products and its research and education. Lime Fx does have a proprietary mobile app for trading, as well as for social copy trading (the Lime Fx Copytrading app), yet it still trails behind industry leaders such as IG and Saxo. Lime Fx offers access to multiple robust trading platforms, which include MetaTrader 4 (MT4), MetaTrader 5 (MT5), and Lime FxTrader.
On the negative side, some traders may find that certain features could be enhanced, and there could be restrictions on certain trading preferences. The rebate value ranges from $4.8 to $8 per lot on the MT4, MT5, and Lime FxTrader platforms. The program is committed to transparency and accessibility, with no hidden fees or conditions. The broker introduced the “Status Program” to cater to Indonesian traders’ loyalty and trading activity. The software’s intuitive layout, designed with simplicity, allows traders to locate and follow signal sources based on personalized criteria easily.
Our research found that Lime Fx is an average choice for forex and CFD trading. Despite its comprehensive offerings and strong platform tools, some areas could be improved, making it a solid but not exceptional broker. Lime Fx customer support provides its clients with 24-hour live support available through live chat, email, and phone support in various languages. Both Live Chat and Email are available in various languages including Bengali, Chinese, English, Hindi, Indonesian, Malay, Portuguese, Spanish, and Thai languages. Lime Fx Cyprus entity together with its operations established under ESMA rules offers lower leverage levels as defined by the regulator.