Lime Fx Broker Review May 2025 Pros & Cons

Lime Fx Broker Review May 2025 Pros & Cons

The broker offers three main account types; Lime Fx MT4, Lime Fx MT5, and Lime FxTrader. The score for this category was weighed down because only one base currency is available (USD) and there is no option for a raw spreads account. Lime Fx clients can make deposits and withdrawals via bank wire, credit card, digital wallet, and cryptocurrency. Processing times range from instant to a few hours, which is better than average for the industry. 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.

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. This profile aggregates professional traders’ performance, displaying it to the public and letting them promote it.

Supported Countries

The CompareForexBrokers team created a trading platform selector so you can work out what trading software best matches your trading needs. I recommend you complete the short 5 step questionnaire which will help you determine your most suitable forex platform. If you want to see how Lime Fx’s spreads compete with other Malaysian brokers, I created a simple trading cost tool that you can use. We would advise you to stick to the web-based version for more advanced options and a better experience.

Turns out the CySEC is the independent regulatory body responsible for financial oversight in Cyprus. They make sure companies like Lime Fx adhere to strict rules and treat customers fairly. There’s always a friendly agent ready to answer my questions, no matter what time of day it is! The chat box pops up instantly on their website – no waiting or hunting around to get help. Islamic accounts ensure that trading activities comply with Islamic finance principles without sacrificing trading capabilities. With so many fly-by-night brokers out there, it’s normal to wonder – is Lime Fx legit?

Lime Fx is powered by its own platform—Lime FxTrader, MT4, and MT5, which have a reputation for being some of the most profound trading platforms. MT4 represents the best choice for those who have just started trading. In comparison, MT5 features built-in tools for a deeper technical analysis and professional trading experience.

Pros and Cons Lime Fx Customer Support

Incorporated in St. Vincent and the Grenadines but operating primarily out of Jakarta it has developed a strong client base in the Asia-Pacific region. Lime Fx does, however, cover the global markets, serves customers in over 100 countries and also has offices in Spain, Cyprus and Malaysia. Lime Fx has built a solid reputation in the forex/CFD trading space.

However, at times High-volume traders or like pattern traders might find it as limitation since commission basis account is preferred for easier calculation of trading costs. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). Likewise, Mauritius is considered Tier-4, as per our Trust Score algorithm.

support so slow to provide feedback

The request was completed in under a minute and did not require sending an email or notifying customer service. Periodically, Lime Fx offers the Lime Fx Champion Demo Contest, a monthly, risk-free trading competition using virtual funds. Participants compete for real cash prizes ranging from $40 to $500, with winners determined by the highest account balance after four weeks. To withdraw the bonus, the client must trade a number of lots equal to half of the bonus amount.

  • The mobile app is also offered for both platforms, while apps are simple to use and offer a wide range of tools at the same time.
  • 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.
  • The incorporation of a mobile economic calendar and customizable alerts—which enable traders to remain updated about market events—was much valued by users.
  • Advanced tools and features on the Lime Fx Desktop MetaTrader 5 (MT5) platform improve trading experience.
  • Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker.

Lime Fx does not charge any fees for withdrawals and also covers any fees imposed by limefx review payment systems, allowing traders to withdraw funds without incurring additional costs. Lime Fx offers a variety of deposit and withdrawal methods to accommodate traders worldwide, ensuring transactions are convenient, fast, and cost-effective. While Lime Fx presents several commendable features, it’s essential to carry out your own thorough research before deciding to trade with them. Consider your trading needs, strategies, and risk tolerance levels. The suitability of a broker is largely dependent on individual trading preferences and goals.

Does Lime Fx offer a demo account?

Whether traders are using desktop computers, web browsers, or mobile devices, MT4 ensures accessibility at all times. The absence of overnight fees is a standout feature of the Lime Fx Islamic Account. It ensures that Malaysian traders adhering to Islamic values can engage in trading with the utmost confidence, free from factors that could compromise their objectives or strategies. One thing to note – Lime Fx’s ECN account does charge a small $6/lot commission to offset the even lower institutional spreads they provide. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital.

Minimum deposit

Overall, the range is suitable for most traders either beginners or tradrs with experience, also we would mark that range of Products vary by the platoform you use also the entity of Lime Fx. Besides, another license was obtained in South Africa regulated by FSCA giving a better expansion and regulated access to Africa Market. Lime Fx’s market research is well organized and varied in its content. Rather than specializing in any one field, Lime Fx provides a wide assortment of content types.

From our assessment, Lime Fx emerges as a broker that proves itself to be reliable and conducive to traders, making it a viable option for consideration. This allows less experienced traders to learn from and imitate the trading strategies of successful traders. Therefore, it not only facilitates learning for beginners but also potentially enhances trading outcomes. This makes it perfect for new traders and those beginners starting out. If you are trading from outside the EU, the minimum deposit will be $25 with the Lime Fx Micro account. Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications.

Accessing the bonus is a straightforward process and can also be configured automatically. Copy trading is also available, allowing clients to automatically replicate the trades of other selected traders. Furthermore, through MetaTrader, clients have the opportunity to become “Master Traders,” enabling their trades to be copied by others, for which they receive an income. The market news is updated hourly and helps to stay updated on market trends. Lime Fx also keeps a thorough FAQ section on its website to answer often-asked questions about trading and account management.

Social and Copy Trading Apps

  • You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources.
  • We rate regulators on a scale of 1 to 3, with 1 reflecting the highest level of trust.
  • This high leverage could result in substantial profits for traders.
  • Lime Fx MetaTrader 5 offers automated trading indicators and important trading patterns.
  • Whether you’re a novice exploring the markets or a professional looking for advanced tools, Lime Fx provides the necessary resources to achieve your trading goals.

The combination oflow spreads and fast execution speeds make this broker a great choice for scalpers. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Opinions, market data, and recommendations are subject to change at any time. We would say from our experience that this broker has its license so you can use deposits or assets in this market. Lime Fx has long been involved in investing and it is directly regulated by the government.

Complete training in financial markets such as “Forex,” “Stock Market,” and “Cryptocurrencies” only becomes comprehensive with tested trading tools and strategies. “Trading Finder,” with its experience, aids traders and investors in gaining a correct understanding and deep learning. The training programs are designed based on tools for traders of all levels, from “beginner to advanced.” The customer support on Lime Fx was awarded multiple international awards and is fast, efficient, helpful, and knowledgeable in our experience.

Lime Fx allows direct deposit transactions to Switzerland, Thailand, the United Arab Emirates, the United Kingdom, and Qatar. With Lime Fx, you always have control over your portfolio and the copied trades. Just deposit money into your account, pick a successful trader, and start an https://limefx.biz/ invention. You can open a demo account accordingly by looking at the offers.

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