Lime Fx Review 2024: Read Before You Trade

Lime Fx fx forex broker review

With its low spreads, a wide range of tradable instruments, and multiple trading platforms, Lime Fx offers beginner and advanced traders a comprehensive and competitive trading experience. Its commitment to customer support and education further enhances its value proposition, making it a strong contender in the forex broker market. Lime Fx could be the ideal choice whether you’re new to trading or an experienced trader looking for a reliable platform.

Lime Fx fx forex broker review

What platforms does Lime Fx offer?

CySEC requires that clients have negative balance protection, which means they cannot lose more than their deposit. We performed our tests with a live account, using the MetaTrader 5 and Lime FxTrader platforms, opened with the Lime FxFX Saint Lucia entity (Lime Fx Markets Inc.). Some features and services may vary depending on where you reside. Lime Fx offers numerous free resources to help you learn to trade. On the Lime Fx YouTube channel, webinars, Q&A sessions, and live trading sessions with experts are conducted weekly—in different languages, including Malay and English. You can also watch the recordings of the past webinars, as they are saved on YouTube and always available.

  1. The platform’s user-friendly interface and comprehensive support resources make leveraging seasoned traders’ expertise easy to enhance your trading outcomes.
  2. Our team works diligently to ensure that every customer feels valued and supported, and your feedback motivates us to continue improving.Stay updated on our latest news and promotions by joining our social media platforms.
  3. It doesnt make sense when the deposits take minutes but the withdrawal take days.
  4. Lime Fx is a reliable broker offering Contracts for Difference (CFDs) and competitive spreads on a diverse range of 300 trading instruments.
  5. It also bucks the industry trend by not charging swaps or inactivity fees.

Saint Lucia allows companies to self-regulate as long as they comply with the country’s laws. This means clients with Lime FxMarkets don’t have any form of regulatory protection so you can only trust Lime FxFX operations meet the standards you would hope. As this subsidiary is not regulated, Lime FxMarkets can be called an offshore broker. If you’re a more advanced trader, and you want more sophisticated tools, you may consider Pepperstone, Vantage, or IC Markets with a broader range of platforms.

Lime Fx provides a diverse range of trading assets, including forex pairs, CFDs on indices, commodities, stocks, and cryptocurrencies. It offers competitive leverage and a variety of account types to cater to different trading needs. One thing that stood out to me about this broker during my review was the ease of use. The Lime FxTrader platform is intuitive, well designed, and has popular features like alerts and 1-click trading. There are no swap fees, inactivity fees, or fees for deposits and withdrawals.

Investment instruments offered

We can tell you that Lime FxFX has segregated accounts, which is the minimum you would expect to see from a broker as you don’t want them to be able to access your funds. They also claim to have highly skilled security engineers and technical specialists to ensure your data is safe. Lime FxFX allows you to trade on one of three different trading platforms. MetaTrader 4 (MT4), MetaTrader 5 (MT5), and Lime FxTrader, an in-house white-label program.

When questioned further, the same customer support person couldn’t verify if we could deposit via a credit card and advised us that we could probably use cryptocurrency to deposit. The MT4 platform has ultra-intuitive charting options and all the most common technical indicators. It’s very simple to enter buy and sell orders, as well as set stop-losses, you can even use Expert Advisors (EAs) for automated trading. There is one very interesting feature with both these accounts and it’s not something we have exactly seen before.

Withdrawal – Impressed

Both accounts offer most features found in a standard account with similar types of brokers. This means no commission costs in addition to the spread with these spreads starting from 0.8 pips limefx scam for the EUR/USD currency pair. Lime Fx provides a range of spreads across various asset classes that cater to different trading needs. The spreads are competitive and may vary depending on the asset, account type, and market conditions.

Lime Fx fx forex broker review

We can only trust they are not since spreads are generally decent. You will also find trading available with micro lots, mini lots, and standard lots with the spread variable or floating. We should also mention you shouldn’t get requotes or rejections since market execution rather than instant execution is used. Lime FxFX only has a spread-only account, meaning no commissions are charged in addition to the spread. Lime Fx uses segregated accounts to keep client funds separate from the company’s operational funds, enhancing security. Steven Hatzakis is the Global Director of Research for ForexBrokers.com.

Thank you for your trust and for recommending Lime Fx to your friends and family. We’re honoured to be your chosen trading partner, and we’re committed to making your trading experience even better in the future. If you have any further suggestions or need assistance, please don’t hesitate to reach out to us at  We look forward to continuing this great journey with you! Dear Usman Bhatti,Thank you for your feedback and for being with Lime Fx for the past eight months! We’re glad to hear that your experience with deposits and withdrawals has been smooth.We appreciate your concerns regarding Mastercard withdrawals and spreads during news events. Your insights are valuable, and we continually strive to improve our services.

This broker has many qualities suited to beginners but can also cater to experienced traders with the advanced features of MetaTrader. The global entity is unregulated, and this means clients benefit from fewer account protections. However, Lime Fx states that it provides clients with segregated accounts and negative balance protection. A welcome addition would be third-party account insurance (such as a policy from Lloyds of London), as seen at some other popular offshore brokers. Overall, I rate Lime Fx as an innovative broker with a client-centric focus.

To start copy trading with Lime Fx, sign up for an account, select a master trader, and configure your investment settings. The platform’s user-friendly interface and comprehensive support resources make leveraging seasoned traders’ expertise easy to enhance your trading outcomes. Lime Fx is transparent about its fee structure, and there are no hidden fees. All costs related to trading, such as spreads, commissions (if applicable), and swap fees, are clearly outlined. Traders should always review the terms and conditions to understand all applicable fees. Lime Fx offers spreads on various commodities, including precious metals and energy products.

If you’d like to trade stock market indices, pick from one of ten major global indices. These include the SP500, Nasdaq, French CAC40, and Australian SPI 200. The big changes in MT5 are increased charting options, such as timeframes and lesser-known technical indicators. Another thing we should note is that in the case of Lime FxFX, we assume the spreads haven’t been widened. If they have, then this would be akin to an administration fee however it is difficult to prove if Lime FxFX is doing this.

MetaTrader 4 platform is well-known limefx scam for its dependability and full capabilities. MT4 provides comprehensive technical analysis tools, a user-friendly interface, and automated trading capabilities via Expert Advisors (EAs). Lime Fx does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. The Lime Fx Demo account does not expire and is available without limit. Lime Fx offers Islamic swap-free trading on all three account types. Lime Fx fully complies with international legislation and regulation standards and guarantees fund security and negative balance protection to its clients.