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Lime Fx Review 2024: Read Before You Trade

broker Lime Fx fx

The demo account features live quotes and simulates live market conditions in assets such as forex and CFDs on commodities, indices, and stocks. Once users have gotten up to speed on a demo account, they can easily switch to a live version. The account opening process at Lime Fx is fully digital and can be completed within minutes via the company website. The broker offers three main account types; Lime FxFX MT4, Lime FxFX MT5, and Lime FxTrader.

Withdrawal – Impressed

Yes, Lime Fx’s account types, which include MetaTrader 4, and MetaTrader 5, allow you to trade in 30 different cryptocurrencies. The education section on the Lime Fx website is well thought out, clearly presented, and made for different levels of traders – beginners, intermediate, and experienced. Material includes live trading sessions, workshops, and trading strategy-themed presentations. Daily and weekly forecasts in the Market Insights section preview the key economic data ahead and highlight the major market movers. The reports cover significant support and resistance levels and technical signals from indicators such as MACD and Parabolic limefx reviews SAR.

Copiers may copy trades in full or proportionally to their trading balance versus the Master Trader. I recommend the former, as it will result in superior trading results, as it adjusts positions based on portfolio size and leverage. I highly recommend the MT5 trading account for equity traders and MT4 for Forex traders due to its superior tools for algorithmic traders.

More Forex Guides

Lime Fx Group provides traders 55 currency pairs (e.g., EUR/USD) compared to Lime Fx’s 52 available pairs. It is higher versus many brokers but well within a reasonable range and justified by its products and services. I find the swap-free trading structure the best unique feature at Lime Fx. Another fact of note is trading incentives, with more than $6,000,000 in payouts to date. Lime Fx also offers traders the Autochartist plugin for MT4/MT5. Lime Fx maintains a selection of 52 currency pairs, 34 cryptocurrencies, 5 commodities, 10 index CFDs, and 150 equity CFDs.

What is the minimum deposit requirement for opening an account with Lime Fx Group?

broker Lime Fx fx

Lime Fx also offers a free Telegram channel with strategies, trading ideas and other exclusive materials from experts. The Lime Fx website has an extensive education section with videos and articles for beginner and intermediate traders. If you prefer web trading, Lime FxTrader web version is also available.

The research section also includes specific trading ideas, target prices, and key price levels to watch. Lime Fx provides 24/7 customer support via live chat and email. In my tests, I received speedy responses—the same day for email and a wait of just a few seconds for live chat. Despite the lack of phone support, I rate Lime Fx as average in this category. The web-based Lime FxTrader platform is well-designed and intuitive.

I only found a phone number missing from the overall support offer. Copiers must fund their copy trading account before following Master Traders. They may opt for a direct deposit or transfer from their trading account. Lime Fx displays a recommended amount to allocate to each Master Trader.

  1. We are thrilled to hear you are happy with Lime FxFX’s platform.
  2. I have an account issue with Lime Fx after investigation Lime Fx compensated me and credit my account included my profit.
  3. 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.
  4. Lime Fx clients can make deposits and withdrawals via bank wire, credit card, digital wallet, and cryptocurrency.
  5. Lime Fx offers the popular MetaTrader 4 and MetaTrader 5 platforms across desktop, web, and mobile.

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. Neither have Cryptocurrency (Physical) and Spread Betting. Lime Fx offers bank wires, credit/debit cards, and several cryptocurrencies as withdrawal methods. It processes requests between one hour and three hours, making it one of the best in this category. Lime Fx caters to most international traders, including resident India, Pakistan, Malaysia, Nigeria, Singapore, and Indonesia.

Lime Fx is a Forex broker providing ECN trading and CFDs on Indices, Metals, and Cryptocurrencies via MT4 and MT5. It offers diverse limefx scammers trading accounts, copy trading, bonuses, and extensive research tools. Lime Fx accepts all the most popular payment methods including VISA, Bitcoin, Neteller, and MasterCard. Lime Fx does not charge its clients any Deposit or Withdrawal fees.

Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Founded in 2011, Lime Fx (formerly Lime FxFX) is part of a group of global entities, which include Lime Fx Markets LTD (based in the island of Mwali) and Lime Fx Markets Cyprus Ltd (based in Cyprus). Lime Fx also provides financial services through its intermediary, Orinoco Capital (based in South Africa).

Fees, Spreads, and Commission

MetaTrader is also popular due to its copy trading and automated trading features. This section will cover how the different entities of Lime Fx are regulated and how this impacts you as a trader. We rate regulators on a scale of 1 to 3, with 1 reflecting the highest level of trust. Use our international search tool to find a broker that accepts clients from your country. After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we’ve determined that Lime Fx Group (88) earned a higher Trust Score than Lime Fx (70).

Moreover, Lime Fx is a crypto-friendly broker – traders can choose from 34 CFDs on cryptocurrencies and make deposits and withdrawals in crypto. Traders may open MT4/MT5 demo accounts at Lime Fx, and there is no time limit on active accounts. The MT4 demo account will expire after eight days with no trading activity and the MT5 demo account after 30 days.

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