Lime Fx Review: Unveiling the Features and Benefits 2024

Lime Fx fx forex broker review

Dear Prasanna,  Thank you for sharing your experience and for choosing Lime Fx! We’re delighted to hear that your recent withdrawal was processed so quickly, and it’s wonderful to know that it left a positive impression. We strive to provide prompt support and will make sure your comments are forwarded to the relevant department for improvement.

To change the language of the MT5 app, you must change the language for your entire phone. As with the desktop and web platforms, the interface is not highly intuitive, but the MT5 app offers an above-average range of features. Lime Fx offers the popular MetaTrader 4 and MetaTrader 5 platforms across desktop, web, and mobile. These platforms provide robust charting and a wide range of order types and enable automated trading.

We found the most interesting feature of Forex Broker Lime FxFX to be that they have no swaps. The platform offers MT4 and MT5 trading platforms, along with commission-free spreads starting from 0.8 pips. Lime Fx provides several account types, the Lime Fx MT4 Account, Lime Fx MT5 Account, Lime FxTrader, Lime Fx Islamic, Swap-Free, and Risk-Free Lime Fx Demo accounts respectively. The minimum deposit amount required to open an Lime Fx live account is USD 25. The minimum deposit in forex trading refers to the smallest amount of money required to open a trading account with a forex broker.

Lime Fx is regulated by several authorities, including CySEC, MISA, and FSCA. Lime Fx is regulated by multiple authorities, including CySEC, MISA, and FSCA. 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.

Lime FxFX has no swaps – yes you read that right, none, zip, zero, zilch. This means you can hold your position overnight (after New York markets close) for as long as you wish without needing to concern yourself with any rolling feels. While the above module takes the spreads from the broker’s website, we at CompareForexBrokers have done our own testing using 20 MT4 brokers to find out their average limefx scam spreads. You can read about our findings in our Standard Spreads test results. Our in-house spread scanning software gave us an idea of how Lime FxFX spreads compare to other brokers. To do this, we take the Forex Fees and the average spreads brokers publish on their website and compare them with the spreads Lime FxFX public on their website.

I’m using Lime Fxfx since 5 years now and…

Popular features such as 1-click trading, alerts, and watchlists are available. Traders can access all basic order types (market, limit, stop loss) via the platform. MT5 provides a greater number of technical indicators, timeframes, and graphical objects. For example, Lime Fx clients in the European Union benefit from the oversight of the Cyprus Securities and Exchange Commission (CySEC).

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The app features Space, an exclusive feed by Lime Fx with technical and fundamental market analysis, trend directions, market news, economic calendar, and more from Lime Fx limefx official site analysts. Further researching the deposit options, we concluded that bank transfers and credit cards were entirely off the table for Australian traders trying to get funds into their accounts. And more than likely, it’s a no-go for wherever you may be located.

  1. Uniquely, the company hosts regular webinars, with topics such as Fibonacci analysis, trading psychology, and broadcasts where you can watch one of the company’s traders for an entire trading session.
  2. Due to market volatility, the difference may not be that high, but it will help you secure your trades in a safer environment.
  3. You can read about our findings in our Standard Spreads test results.
  4. E-wallet and credit/debit card deposits are processed almost instantly, allowing you to begin trading without delay.

Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Hope your company going concern and people know there is good broker in the middle of bad broker in Indonesia… Actually I used Lime Fx Since 2020 but I just active now after rest 1 year..

This means the trading spreads will get either tighter or wider, depending on market volatility, time of day, and other factors. Lime Fx’s diverse range of products and assets, competitive trading conditions, and advanced platforms make it an excellent choice for traders looking to diversify their portfolios and capitalize on market opportunities​. Trading with Lime Fx will involve minimal fees, spreads from 0.6 pips, and commission-free trading depending on the account traders select. The required minimum deposit to open an Lime Fx account is USD 25. Demo accounts are especially important for beginners as they allow them to practice their strategies and get comfortable with the trading platform without risking real money. The trust score came in low, largely because the Lime Fx Markets Inc. entity is unregulated.

Customer Service

Lime Fx fx forex broker review

Minimum deposits at Lime Fx will vary depending on your country of residence and your chosen payment method. They can go as low as $25 (USD) when funding with Visa/Mastercard, to 50 euros (EUR) when using Skrill/Neteller to as much as 500,000 Indian rupees (INR). It’s important to note that minimum deposits and trading costs will also depend on which Lime Fx entity you choose for establishing your trading account. Features like its trading glossary, platform tutorials, and dozens of Frequently Asked Questions (FAQs) help to flesh out Lime Fx’s educational offering.

There are 35 currency pairs to trade for most traders across the globe, but only 28 pairs are available if you live in the European Union. While 35 pairs mean Lime FxFX offers all the popular pairs to trade with, less popular pairs can be more volatile which means more opportunity to profit from this volatility. We think a good broker should have at least 60 currency pairs to trade with and you will find this with brokers such as Pepperstone (62 pairs), IC Markets (63 pairs), OANDA (70 pairs), and IG (100 pairs). By offering a sophisticated yet accessible copy trading solution, Lime Fx empowers traders of all experience levels to participate in the forex market with confidence and convenience. In this in-depth review, we will explore Lime Fx, a popular forex broker with a strong reputation in the industry.

Material includes live trading sessions, workshops, and trading strategy-themed presentations. 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.

Deposit, withdraw, manage accounts, trade, read market analysis—everything in one app. The platform also adopted a charting technology by TradingView. Lime Fx offers Forex ECN Trading, as well as CFD trading on Indices, Metals, and Cryptocurrencies across both the MT4 and MT5 trading platforms. Their trading platform – Lime FxTrader has space which is a unique feed with trading ideas.

ICF protects client accounts for up to €20,000 if a firm becomes insolvent. A trader working with a broker entity regulated offshore would not necessarily have these benefits. I’m new to Lime Fxfx and wanted to share my experience with my recent withdrawal ( Its a very small amount though ) . I was happy to see the funds credited to my account within seconds. This quick turnaround has certainly impressed me, and I hope larger withdrawals are processed just as swiftly. And we can trust you guys.However, I did notice that the chat support response time could be improved, as I had to wait a bit longer than expected to connect with someone.

What is the minimum deposit at Lime FxFX?

Thank you for choosing us, and we look forward to supporting your continued success! We are thrilled to hear about your positive experience with Customer Support team and your ongoing satisfaction with Lime Fx. We’re committed to providing excellent trading conditions and supporting you every step of the way. We wish you continued success in your trading journey.Kind regards,Lime Fx Rep.