Should you need it though, the customer service team is available through live chat, phone, and email to deal efficiently with any problems that may arise. This bonus is also withdrawable though you must meet certain terms and conditions set by the broker. This means you can open positions with as little as $1,000 and this amount can be further reduced if you are trading on leverage. The minimum order size you can expect when trading with Lime Fx is 1 micro lot. This is the same as 0.01 standard lots, or equal to $1,000 in cash value.
Lime Fx trading platforms for indices trading
Among the financial service providers, there are fraudsters that we promptly report. Feedback and rankings from authoritative sites like “Trustpilot” on the TradingFinder website assist all traders. Lime Fx is a financial broker with more than 40 million accounts opened on it.
Trade on indices with low spreads
Lime Fx Cyprus entity together with its operations established under ESMA rules offers lower leverage levels as defined by the regulator. This means that European traders or those clients that are registered with Lime Fx European entity will fall under ESMA regulation Leverage. The incorporation of a mobile economic calendar and customizable alerts—which enable traders to remain updated about market events—was much valued by users. The simple interface of the program ensures quick navigation, which qualifies for both new and expert traders. Lime Fx imposes no commissions, no overnight or trading charges.
- Designed to appeal to both beginners and advanced traders, the Lime Fx Desktop MetaTrader 4 (MT4) platform is much praised for its reliability and adaptability.
- Here is a look at a couple of other fees that you may encounter when trading with Lime Fx.
- They are fees necessary for trading, which users must pay before or during trading.
MetaTrader 4 for Windows
It prioritizes its clients’ account safety by keeping clients’ funds in segregated bank accounts. Lime Fx employs state-of-the-art technology and advanced security protocols, which includes SSL web encryption and two-step authentication to protect clients’ confidential data. Unlike Reddit, the Quora community quite favors the company. While some people praise https://limefx.name/ the broker wholeheartedly saying it’s one of the best online trading brokers, others say it is no scam but is poorly managed.
To provide more trade management flexibility, MT5 also adds buy stop limit and sell stop limit, so introducing other order types. The built-in news feed and economic calendar of the platform help traders stay current with market events. Moreover, the integrated copy trading function lets customers duplicate the winning strategies of seasoned traders, so promoting a cooperative trading atmosphere. For people looking for a sophisticated trading experience, Lime Fx’s MT5 platform offers a strong and flexible trading alternative overall. Through the mobile app, clients can access multiple financial markets.
Lime Fx offers a total of 35 forex currency pairs for trading. Taking a look at the CFD markets available from Lime Fx, it is noted that they offer a little more than 70 assets in total. Some of them may not be available within every region or account type. With that said, they still offer good value in terms of trading conditions.
Minimum Deposit
Both social and copy trading is well provided for at Lime Fx through their own proprietary copy trading service. Here you can choose to be the master (Provider), or copier. The only real difference limefx broker reviews here being that as a master you can earn commission. During this period you will be featured on a leaderboard for your virtual trades with the aim to reach the top where real prizes of up to $1,000 withdrawable money on MT4.
You will also find fixed spreads available on the MT4 Micro account that start from 2 pips. 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. Lime Fx also keeps a thorough FAQ section on its website to answer often-asked questions about trading and account management.
Lime Fx’s trading environment is best for regular market participants for active traders. However, at times High-volume traders or like pattern traders might find it as limitation since commission basis account is preferred for easier calculation of trading costs. At Lime Fx, we provide the MT4 platform to help our clients trade efficiently and with complete peace of mind. We also offer educational materials and MT4 demo accounts for all traders, letting them practise in a risk-free environment. Lime Fx stands out as a versatile and cost-effective broker, appealing to traders across various experience levels. Established in 2011, it has built a strong reputation for offering competitive trading conditions, robust platforms, and a user-friendly environment.
- However, customers can withdraw as many times as they wish and withdrawal is free.
- You can expect market execution to happen in under 0.1 seconds.
- Enjoy smooth and convenient trading with user-friendly interface on a fast and stable platform.
- 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.
Advanced tools and features on the Lime Fx Desktop MetaTrader 5 (MT5) platform improve trading experience. It includes 21 timeframes and over 80 technical indicators, therefore enabling thorough market analysis. With trades usually handled in under 0.1 seconds, MT5 showed enhanced order execution speeds during testing—a critical ability for busy traders.
Generally, Lime Fx’s integration of MT4 offers a strong trading solution that combines extensive features with user-friendly usability, so it’s a great fit for several trading approaches. Lime Fx shows a dedication to transparency and financial stability for the years it started to operate under more reliable licenses. The broker manages different accounts, which keeps client money apart from operational resources, hence improving security. Lime Fx is indeed more appealing and more widely offering various attractive tools and proposals on International trading therefore Broker is better for International traders. Lime Fx International is useful since it provides a complete learning center, including webinars, videos, and articles, also various research and promotional tools are appealing too.
Below this is the Navigator window, where traders can view their account(s), indicators, and Expert Advisors. When it comes to making informed decisions about forex brokers, it’s essential to rely on trustworthy sources. RationalFX, a company with over 20 years of experience since its founding in 2005, has established itself as a credible authority in the industry. With an impressive collection of over 2500 reviews on Trustpilot, boasting a score of 4.2, it’s clear that Rational FX has built a reputation for providing reliable and unbiased information. The promo codes, according to their customer support, is a unique offer for some new clients. Nevertheless, new users can always use the promo codes of Lime Fx affiliates to receive bonuses or chat with the live support on their website to get the promo code.
No, the broker does not offer real shares as part of its trading instruments. You can access the broker’s copy trading service by downloading the copytrading app. Aside from the products and services already discussed in this review, Lime Fx offers more. In this section, we are going to be looking at these extra products and services.
This is also a good risk management strategy, as it doesn’t involve taking on big risks in the hope of huge profits. The idea of making the trading space more comfortable was the start. Only the traders themselves could give us a better insight into their preferences.
The support team is recognized for its prompt response times and ability to address concerns in multiple languages, reflecting Lime Fx’s commitment to serving its global client base. Our expert guides and analysis have everything you need to hit the ground running. Bonuses of 10%, 20% or 50% can be claimed on each deposit with Lime Fx but there are even bigger bonuses available during holidays and other limited-time events. There is also a Trader’s Glossary with precise definitions of common forex terms to help clients become familiar with different trading terminologies. 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.
For example, by choosing one of nine different timeframes (including one minute, five minutes, one hour, daily, weekly, monthly, and more). You can also add graphical objects to the charts, such as shapes (rectangle, triangle, ellipse), arrows, and text. MetaTrader 4 is available as a web platform compatible with Windows, Linux, and macOS.
I was also pleased to see a risk score assigned to each trader, to help users differentiate between traders with historically conservative results versus those that have had more volatility and risk. It would be useful to be able to sort the columns from highest to lowest, but that feature is not yet available when looking at the Master Rating results page. Lime Fx offers a mere 257 tradeable instruments, which varies by platform, with the most on its MT5 offering. By comparison, industry leaders Saxo, IG, and CMC Markets all offer over 10,000 tradeable instruments.