After examining these aspects, you’ll appreciate the robust functionality and versatility offered by Lime Fx, equipping you with the necessary resources to enhance your trading experience. Lime Fx also keeps a thorough FAQ section on its website to answer often-asked questions about trading and account management. The broker also actively appears on Facebook, Twitter, and Instagram, offering still more means of communication.

Popular Forex Guides

• As a trader, you will find a range of features available at Lime Fx to suit your needs.
• However, Lime Fx states that it provides clients with segregated accounts and negative balance protection.
• Clients can maximize the opportunity stemming from an availability of popular indices, inclusive of  NASDAQ, Nikkei, Euro Stoxx 50 and others.
• We strive to offer the best trading conditions on the market to make trading more effective for our traders.

MetaTrader is also popular due to its copy trading and automated trading features. The EU entity of Lime Fx clearly states its regulatory status in the website’s footer. The offshore entity also references its corporate registration number with the Saint Lucia authorities at the bottom of each page. However, there is room for improvement in terms of being clear about the unregulated status of the offshore entity. In our tests for the Trust category, we also cover factors relating to stability and financial strength. Here, we focus on how long the broker has been in business, what is the company size, and how transparent the broker overall.

Q: What is Lime Fx and what trading platforms do they offer?

• Lime Fx has launched a campaign called “Trade and Win Giveaway” to recognize the hard work of traders in the UAE.
• As with the desktop and web platforms, the interface is not highly intuitive, but the MT5 app offers an above-average range of features.
• One aspect to watch out for is Lime Fx’s non-trading fees, which can impact your overall trading experience.
• The CopyTrading app includes tools that allow traders to compare performance metrics among different traders to help them make informed decisions.
• This feature is often overlooked but is extremely valuable for Emirati traders who want to incorporate fundamental analysis into their strategies.
• Another point to consider is Lime Fx’s advantage in market research, as it provides slightly higher quality content in its Market Insights section.

Furthermore, efficient trade management depends on MT4’s quick order execution, which is absolutely important for active traders. Generally, Lime Fx’s integration of MT4 offers a strong trading solution that combines extensive features with user-friendly usability, so it’s a great fit for several trading approaches. The “Space” functionality, which provides tailored trading ideas and market analysis straight on the platform, is one prominent feature. This function gives pertinent insights in real-time, hence improving decision-making. The technology also ensures quick order execution and device synchronization, therefore enabling traders to move between desktop and mobile easily.

Lime Fx Protection of Client Funds

The “TradingFinder” platform offers various services, some of which, like introductions, are free, while others, such as our specialized services, are provided for a fee or through a subscription. The MetaTrader 5 mobile app also provides many order types, including pending and stop orders. However, trailing stop-loss orders are only available from the desktop. 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.

This makes it an excellent choice for those looking to increase revenue by leveraging a larger network. Overall, the Lime Fx Affiliate Program and its ancillary options provide traders with a comprehensive suite of opportunities to capitalize on their networks and expertise. Lime Fx also launched Lime FxTrader, a proprietary web platform designed to provide essential trading functionality simply. Another point to consider is Lime Fx’s advantage in market research, as it provides slightly higher quality content in its Market Insights section.

Lime Fx has improved its educational offering with webinars and live trading session recordings and expanded its educational articles and videos. I appreciated that it has begun producing videos on advanced topics, such as Elliot Wave trading. For example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status. I was also pleased to see a risk score assigned to each trader, to help users differentiate between traders with historically conservative results versus those that have had more volatility and risk. 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.

Charting Tools

After 324 reviews, Lime Fx holds a rating of 2.997 out of 5 stars on Forexpeacearmy. The Mobile limefx official site app offers market data; quotes in simple and advanced modes. Users can decide to view prices of their chosen trading instruments in advanced mode, showing its spread and daily highs or in simple mode without the extra information. The mobile app offers a wide array of tools and indicators ranging from trends, to oscillators, to volumes and lastly bill Williams. Understanding your trading needs is necessary for Lime Fx’s customer support team.

In the hands-on testing process, I used MetaTrader 5 for desktops, which includes advanced functions such as copy trading and automated trading. For example, Lime Fx clients in the European Union benefit from the oversight of the Cyprus Securities and Exchange Commission (CySEC). CySEC requires that clients have negative balance protection, which means they cannot lose more than their deposit. They are fees necessary for trading, which users must  pay before or during trading. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. 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.

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. Again, in addition to copy trading, it https://limefx.vip/ offers a wide range of educational materials inclusive of videos and articles which are meant to help beginners find their feat. The minimum spread users can expect to pay on any trading instrument at any given time is 0.6 pips. The broker claims to process withdrawals by cryptocurrency immediately but withdrawals with bank payment could take 1-3 hours depending on the processing bank. The broker also asserts its technical environment is constantly monitored and protected by dedicated teams of technical specialists and security.

The account opening process of the broker is straightforward and can be continued if accidentally stopped. Clients are, however, not allowed to withdraw from their accounts unless the account is verified. Multiple payment options including credit cards, debit cards, Skrill, Neteller and Bank Transfers, make it convenient for clients to fund their accounts using their preferred payment method. 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.

Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. With Lime Fx, the safety of your funds is prioritized through various measures and protocols in place. This ensures that your investment remains secure while trading with the platform. Yet, if you still prefer to use high leverage, the international entity of Lime Fx Leverage still allows so. Since the regulation demands strict follow of Forex business operations management, it is considered safe to open an account either with Cyprus, South Africa or an international Lime Fx entity. However, the payments we receive can influence the products, companies, or services we highlight and evaluate.

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. However, there are a good number of posted reviews of people denouncing the broker for withdrawal problems and bad trading experience. The video course provides a sound introduction to forex and forex trading, helping beginner traders to grasp things quickly. While the free webinars allows clients to learn from veteran traders one-on-one, at a scheduled time. For articles, a handful exists bordering a wide range of topics ranging from risk management procedures and trading techniques. On Lime Fx, customers can withdraw funds from their trading accounts using the same ways they deposited.

Open an MT5 account to trade on 230 instruments enjoying the platform’s advanced tools and Lime Fx’s excellent trading conditions. These flexible software utilities can automatically execute trades and assimilate all the information available on the platform to conduct market analysis and Forex trading. This means you can develop, test, and apply EAs to eliminate obstacles in analytical trading activities. Expert Advisors are written in a proprietary programming language called MetaQuotes Language Version 4. MetaTrader 4 is extremely well regarded in the industry as one of the top trading platforms ever. Here you get exactly what you expect with a very robust and extremely powerful and also lightweight trading platform that can run on virtually any device.

This is the same as 0.01 standard lots, or equal to $1,000 in cash value. Unlike most brokers, Lime Fx does not charge any kind of inactivity fee. Here is a look at a couple of other fees that you may encounter when trading with Lime Fx. They are available with trading through MT4 and MT5, though the broker does charge an additional mark-up fee to cover for the rollover fee which is not in place. Lime Fx Islamic accounts are available quickly and conveniently where needed by simply clicking “swap-free” when you open a new account. If you need an Lime Fx Islamic account, then these are also available.

It also provides for detailed analysis with market reports and more to offer. 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. Again the platform is available on all mediums and a webtrader is offered. Overall, this is an excellent hybrid combination that can secure the best market prices, lowest spreads, and fastest trade execution.

Research tools provided by Lime Fx include a well-detailed economic calendar which keeps you updated with all significant economic events and how they may impact you. 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. 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. The slight difference between ECN and DMA in terms of the liquidity provided is that the typical ECN brokers liquidity providers are not known.

Lime Fx offers competitive rates, making it a noteworthy choice for traders. However, it’s crucial to understand the structure of these fees, as they can significantly affect your profit margins over time. Types of accounts come with different minimum deposit thresholds, which can impact your trading experience. For example, while the Micro Account requires a small initial deposit, the Pro Account might ask for a higher amount to unlock more advanced features. Make sure to evaluate your trading style and budget carefully, as a higher minimum deposit can influence your risk management strategy and overall trading approach.