Lime Fx classifies the MT4 trading account for the Traditional Trader and MT5 for the Innovative Trader. One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs.
Lime Fx takes it further and offers swap-free trading in its MT4/MT5 accounts. This makes a tremendous difference to leveraged traders who keep positions open overnight. Traders pay no financing fees, irrelevant of how long a trade remains open.
A demo account can also help beginners build confidence before trading a live account with real dollars. Customer support is readily accessible to guide you and address any queries. Furthermore, the various promos and bonuses offer traders extra earning opportunities, making the broker even more attractive. Unfortunately, Lime Fx is unavailable in certain regions, including the U.S., UK, Philippines, Japan, the Islamic Republic of Iran, Russia, and Cyprus.
Lime Fx will never sell or share your personally identifiable information (PIS) with a third party without your consent except to comply with judicial orders. You can read the broker’s privacy policy to learn how the company secures your data online and your responsibilities. Whether you want to copy trades (as a Copier) or have your trades copied (as a signal provider or Master Trader), Lime Fx can accommodate your needs on both desktops and through its Lime Fx Copy App. Lime Fx’s proprietary copy trading service is well-developed, enabling traders to access multiple signal providers to copy and create a diversified, balanced portfolio.
How do I deposit USD into Lime Fx?
- I appreciate the variety of trading instruments available on Lime FxFX, which allows me to diversify my portfolio and explore new opportunities.
- Moreover, educational materials, including webinars, articles, video tutorials and trading strategies, deliver a well-rounded learning experience for diverse traders.
- Furthermore, the broker stores clients’ funds in a segregated account separate from the company’s operational funds.
- Lime Fx supports multiple deposits and withdrawal methods, including bank wire, debit or credit card, digital wallet (Skrill and Neteller), and cryptocurrency.
It also provides Islamic (swap-free) accounts that comply with Sharia law. Lime Fx doesn’t cater to US traders due to regulatory restrictions. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points.
A Variety of Educational Materials
The trading cost and leverage are competitive, and the entry barrier is low, streamlining accessibility for undercapitalized traders and enhancing user experience. Lime Fx provides fully functional, intuitive, and robust mobile trading apps that support trading on MT5, MT4, and Lime FxTrader, which are available for iOS and Android devices. These apps offer full trading capabilities, interactive charts, technical analysis tools, real-time market quotes, and customizable watchlists, allowing traders to stay informed and execute trades on the go. It also provides a dedicated copytrading app to discover and copy from numerous Master Traders. The app allows you to specify all the parameters for your order copy, and you can modify or stop copying orders at any time according to your preferences. Lime Fx offers affordable fees and low entry barriers for Forex trading.
nice broker fast response customer…
Steven Hatzakis is the Global Director of Research for ForexBrokers.com. 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). 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.
Lime Fx processes withdrawal requests between one and three hours. There are no swap fees, inactivity fees, or fees for deposits and withdrawals. Three account types cater to traders with different levels of experience.Spreads are competitive, especially in forex and shares. Lime Fx has also gone above and beyond with its education materials which include live webinars and carefully crafted courses.
This is commonly achieved via SSL (Secure Socket Layer) technology, which guarantees that all data transfers between clients and servers are encrypted and unavailable to unauthorized parties. Deposits and withdrawals are relatively stress-free with Lime Fx. Traders can access MT4, MT5, and Lime FxTrader via web applications directly from their browsers, conveniently skipping the need for software installation. Guaranteed stop order fees, overnight funding fees, and currency conversion fees are not separately specified by Lime Fx. Safety and trust play crucial roles when choosing a broker. Lime Fx, in this regard, stands firm as it complies with all necessary regulations and takes substantive measures to ensure client funds’ safety.
Combining written content, charts, and videos limefx courses scam creates invaluable resources for introducing newbies to the financial markets. Trading platform tutorials are equally available in both written and video formats, guiding beginners through the initial steps, including how to use the Autochartist MetaTrader plug-in. The educational webinars provided by Lime FxFX are engaging and informative, making it easy to stay updated on market trends and trading strategies. The user-friendly interface of Lime FxFX simplifies the trading process, making it accessible and enjoyable for both beginners and experienced traders. Lime FxFX has transformed my trading experience with its intuitive platform and excellent tools, making every trade smooth and enjoyable. Trading with Lime FxFX has been incredibly smooth due to their intuitive platform.
Lime FxFX delivers exceptional trading tools and clear market analysis. Traders can expect narrow spreads and a straightforward fee structure, so you know exactly what you pay for each transaction. Lime Fx also has modest minimum deposits, which is perfect for inexperienced traders. Lime Fx’s fee structure, or lack thereof, makes it an appealing alternative for volume traders. Lime Fx removes separate commission fees by incorporating the cost into the spread, providing a simple financial environment where traders can quickly assess their trading expenses. The broker also provides detailed economic calendars and market insights, which keep traders informed about the latest financial news and upcoming economic events.
This is evident from its 4.5/5 rating on Trustpilot, where the broker enjoys overwhelmingly positive reviews. Lime Fx provides access to three robust trading platforms, including the versatile MetaTrader suites—MT4, MT5, and Lime FxTrader—its proprietary platform. These platforms streamline market access and trade execution, catering to diverse trading needs and styles. It grants traders swift entry into an extensive range of markets and financial instruments, including centralized exchanges. With improved order execution capabilities and added versatility in trade types, it is ideal for individuals seeking a comprehensive and advanced trading experience.
The latter can make a tremendous difference if you’re a leveraged trader who keeps positions open overnight. Lime Fx supports multiple deposits and withdrawal methods, including bank wire, debit or credit card, digital wallet (Skrill and Neteller), and cryptocurrency. Processing times typically range from instant to about half an hour for deposit and a few hours for withdrawal, which is above average for the industry. Lime Fx maintains an active presence on Facebook, LinkedIn, limefx scam YouTube, Twitter, Telegram and Instagram, which are alternative means of contacting the team. Lime Fx’s responsive and multichannel customer service plus supplementary support resources demonstrate a solid commitment to assisting its clients.
While Mastercard withdrawals may be limited, we’re actively exploring options to enhance our payment methods. 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.
A proprietary trading platform, Lime FxTrader, is also available for desktop, laptop, or mobile 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. Traders may open MT4/MT5 demo accounts at Lime Fx, and there is no time limit on active accounts.