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. Bitcoin is also available as another way with fast execution time. Funding and withdrawal options in Lime Fx are diverse, so you can choose what works for you and which one is easier.
- Lime Fx’s MT5 platform also includes a deeper range of markets, allowing traders to access more financial instruments beyond just forex, including stocks, commodities, and indices.
- Fee table see below, also always consider other than trading fees like funding fees and inactivity.
- Although increasing your margin could boost your market exposure, it also raises your vulnerability to losses.
- The 50% bonus is more applicable to experienced traders or those confident in a long-term relationship with the broker.
- However, there are a good number of posted reviews of people denouncing the broker for withdrawal problems and bad trading experience.
Lime FxTrader
When it comes to regulations, Lime Fx is regulated by CySEC under #372/18, and by the https://limefx.club/ regulatory body of Saint Vincent and the Grenadines under #19776. For those reasons, our team here at Investingoal is happy to recommend Lime Fx as a top choice for scalping. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information.
Most clients with high volume accounts have an adverse opinion about the company. They complain of Lime Fx being a scam broker, denying them withdrawals and going on to block their accounts. After 324 reviews, Lime Fx holds a rating of 2.997 out of 5 stars on Forexpeacearmy. The mobile app offers a wide array of tools and indicators ranging from trends, to oscillators, to volumes and lastly bill Williams.
- Internal transfers between different accounts can be done from the dashboard and are nearly instantaneous.
- It offers the pricing and execution experience of a no-frills broker but complements this with a range of additional services such as top-quality learning resources and copy trading options.
- The standard MT4 package, for example, comes with 30 built-in indicators, over 2,000 free custom ones on offer and 700 available for purchase.
- Lime Fx affirms that, in accordance with international regulatory standards, it uses separate accounts to keep traders’ funds segregated from the company’s balance sheets.
- The company’s educational library is well maintained and offers rich learning resources that includes webinars, articles, platform tutorial videos and a video course.
First off, you will notice when you are trading at Lime Fx that the broker website has a huge FAQ section which in itself covers a range of topics with dozens of answers to the most common questions. This bonus is also withdrawable though you must meet certain terms and conditions set by the broker. 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. MetaTrader is further renowned as one of the most comprehensive platforms in this area. You can further benefit from one click trading, the ability to order directly from charts, and regular price alerts. You can access strategies to follow through the community forums and program your own with MQL5 and C# fully supported.
Once all steps have been completed, contact the customer support team to confirm the closure of your account. If necessary, they will provide additional instructions or information. Yes, the platform is designed to be user-friendly, making it appealing to both novice and experienced traders. While some people praise the broker wholeheartedly saying it’s one of the best online trading brokers, others say it is no scam but is poorly managed.
Both iOS and Android versions of the trading platforms are also available for on-the-go traders. Established in 2011 and located in London, Lime Fx is a forex broker that renders its services to users worldwide. This review will focus on its regulations, trading instruments, deposit & withdrawal methods, online trading fees, spreads, leverage and how to open an account. It will also explore the investment safety measures provided by the broker. In this in-depth Lime Fx review, we’ll take you through our own experience of opening an account with Lime Fx. We’ll cover everything from their trading platforms, deposit and withdrawal methods, fees and commissions, customer service, and regulation.
Lime Fx Broker Review 2025
Even at 0.90 pips, I found it’s roughly 18% cheaper than my industry average tests of 1.11 pips for EUR/USD, positioning Lime Fx as a low-spread broker. Our broker reviews are reader supported and we may receive payment when you click on a partner site. These two minor points do not detract from the trading experience, and Lime Fx can be congratulated for so effectively shaking up the broker space. Lime Fx states that the firm is in full compliance with international legislation and regulation standards, and guarantees funds security and negative balance protection (NBP) to its clients. During our testing, we did find that when we scaled up into maximum position size, we were able to get very close to using up our maximum margin capacity when executing. This is an observation rather than a criticism as it just demonstrates the way the site allows aggressive trading strategies to be carried out.
Is Lime Fx Sharia-compliant for Muslim traders?
This plays well into your hands as you will always receive the best available price from the network, leading to cheaper trading fees and better profit potential. BlackBull Markets is a reliable and well-respected trading platform that provides its customers with high-quality access to a wide range of asset groups. The broker is headquartered in New Zealand which explains why it has flown under the radar for a few years but it is a great broker that is now building a global following. The BlackBull Markets site is intuitive and easy to use, making it an ideal choice for beginners. There is no commission charged on both deposits and withdrawals, MT4 and MT5 commission is included in spreads as mark-up, and no additional fee is applied.
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At that point, we could see our withdrawal status as “pending” in the dashboard. Less than 30 minutes later, the withdrawal was successfully completed, with the amount credited to our cryptocurrency wallet. The amount experienced a slight deduction due to conversion fees, but no additional charges were applied. During the account opening process, clients must choose a type of account. However, once the process is completed, they can easily add additional accounts with just one click.
Lime Fx ensures traders’ easy access to help by offering several lines of communication. Live chat is the main means of contact; it provides quick help and is open 24/7 in English, Hindi, and Urdu, among other languages. As a licensed broker that obliges to safety measures, Lime Fx Cyprus offers only Bank Wire Transfer for its European clients. As for the international entity it also includes Credit Cards, e-wallets and other methods which you may check with customer service before any transfer is done.
Is Lime Fx a good broker?
Credit and debit card transactions are subject to 3D secure Visa authorisation and there are processes in place to protect clients making withdrawals. It is clear that the Education section of Lime Fx’s website is of great importance to the broker. All of the materials are of high quality and cater to beginners, intermediate and advanced traders. That Lime Fx is catering to all these groups is a big plus for the site, and the resources are made available to traders using demo as well as live accounts. During our testing, we found the internet browser offered the best route into all the ‘extras’, such as copy trading, that Lime Fx offers its clients. Being able to still engage with the full range of services from smaller screens is a real plus-point for the service.
The broker supports a wide range of deposit methods, including credit and debit cards (Visa, MasterCard), bank transfers, e-wallets (Skrill, Neteller, and WebMoney), and even cryptocurrency deposits. The minimum deposit for most accounts is low, allowing traders to start with as little as $5. The floating spreads for currency pairs involving the yen ranged from 1.9 to 2.6 pips, while major pairs (excluding EUR/USD) average around 1.5 pips. Spreads across different account types are similar, with Lime FxTrader accounts offering slightly lower spreads for Forex.
Spreads
You’ll also have access to a host of risk management features that enable you to diversify our exposure throughout a range of asset classes. limefx forex brokers reviews This account is run on the MT4 platform and offers the lower minimum deposit amount at just $100. In 2018, Lime Fx launched a copy-trading feature to entice more traders to the market, helping increase profit and offer different fund management options.
It’s quick and easy – deposits are free and the money shows up in my account instantly. Choose MT5 if you want the most advanced trading tools and access to more markets. However, one should also consider Lime Fx’s fee structure and the requirements to access certain features, such as the VPS service, which requires a $500 initial deposit and a monthly trading minimum. Our findings also highlight that customer service is one of Lime Fx’s strongest suits, and it consistently receives positive feedback for responsiveness and efficiency. However, some traders have expressed a desire for more in-depth assistance, indicating room for improvement. However, while customer service is generally praised, there have been rare reports of traders desiring more thorough instructions.
For example, the winner of the Champion demo contest will win $1,000 which will be credited to your account. The weekly cTrader competition is a draw with a prize of $400 for the lucky winner. This initial deposit will also be eligible for an Lime Fx bonus of 50%. If $50 is deposited then you will receive half of the initial deposit as a bonus to your funds. We would also like to point out that all accounts come with a minimum lot size of 0.01 with no maximum lot size. To take advantage of these spreads simply enter MetaTrader4 and get spreads up to 14 points with no time limits.
