We’re delighted to hear that you find our platform user-friendly and that your deposit experience has been quick and hassle-free. Thank you for choosing us, and we look forward to supporting your continued success! Dear Prasenjit Barik,Thank you for sharing your experience with Lime Fx! We want to welcome you to let us know what features you’d like to see in the app to earn a 5-star rating from you. If there’s anything else we can assist you with, please don’t hesitate to reach out to us via live chat or email us at you for choosing Lime Fx, and we look forward to serving you even better in the future!
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 limefx scam 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.
Lime FxFX offers a great demo account that is easy to sign up for, just needing the most basic of your personal information and an email address. Overall great value with a choice of more than 70 assets to trade. We can say with confidence then, if you like trading with an ECN broker and are looking for a fast, low-spread environment, Lime FxFX would be a top choice. Meanwhile, there are also not too many deposit or withdrawal methods available, but the main ones are included. When it comes to base currencies, these too are limited to the EUR and USD only.
Lime Fx Reviews
In addition to the markets offered, as an Lime FxFX trader, it is likely that you may come across some of these extra products that the broker makes available depending on your location. Lime FxFX mobile trading is also well catered for through their own mobile trading platform aside from the huge industry giants already mentioned. Ultimately this means you will have access to an extensive range of tools and indicators depending on your platform choice. There are a total of 51 charting indicators provided, and 31 drawing tools also.
Lime FxFX Mobile Platform
In fact, the platform and broker have won many awards for this service. The variable spreads start from 0.2 – 0.4 pips with a commission already rolled in and no other mark-up to worry about on your MT4 Micro, or MT5 Pro Account. You will also find fixed spreads available on the MT4 Micro account that start from 2 pips. You can expect market execution to happen in under 0.1 seconds. The spreads when trading here are also kept as tight as possible. The combination oflow spreads and fast execution speeds make this broker a great choice for scalpers.
I think this is a vital tool and always like to check if there is any pending news before taking a trade. You will also find an economic calendar built-in the MT5 platform which could be more convenient to access and save you the hassle of switching between tabs. 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. Generative AI tools are not a part of our content creation or product testing processes. 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. Founded in 2011, Lime Fx (formerly Lime FxFX) is part of a group of global entities, which include Lime Fx Markets LTD (based in the island of Mwali) and Lime Fx Markets Cyprus Ltd (based in Cyprus).
CTrader has a desktop version, and is also available in apps for android and iOS. 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. We’re also glad that you found our exchange rates favourable.Stay updated on our latest news and promotions by joining our social media platforms.
This broker charges no fees on currency conversion during deposits and withdrawals. However, with deposits in currencies other than the USD, the payment provider on conversion of the funds to dollars using their internal exchange rate may charge additional fees. Trading instruments provided by Lime Fx have some of the lowest spreads in the industry. The spreads for both the MT4 and MT5 accounts are floating and start at 0.7 pips. Clients using the Lime FxTrader, MT4 or MT5 account do not have to pay swaps. I have been trying to withdraw from Lime Fx and the answer i have been asking everyday is “our finance team is working on it.” There is no progress.
Lime FxFX Review Of 2024
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. Islamic swap free accounts that comply with Sharia law are available. It is great to see the broker supports clients with different religious beliefs although this is pretty standard nowadays. Lime Fx has improved its educational offering with webinars and live trading session recordings and expanded its educational articles and videos.
Islamic Account
Yes, it offers a referral program where users can get to invite friends for incentives. The referral program known as Invite-a-Friend has its commission rate to be 1$ per 1 standard lot. However, the offshore entity of the broker is regulated by just a 3rd tier regulatory body. Online reviews have revealed that this isn’t quite significant enough to call the broker well regulated. They are fees necessary for trading, which users must pay before or during trading. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
- You can choose to either be a copier, or a “Master Trader” where others will copy you and you will earn a commission.
- Lime Fx offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments.
- I feel that the platforms should have more than enough tools for most of you to get by.
- The account base currency is that which you trade in with the broker.
- Your feedback regarding spread conditions and leverage is invaluable, and we’ll certainly pass it on to the relevant teams.
Lime Fx offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments. There’s no question – if Lime Fx wants to compete with the best MetaTrader brokers, it needs to make improvements in its range of products and its research and education. Features like its trading glossary, platform tutorials, and dozens of Frequently Asked Questions (FAQs) help to flesh out Lime Fx’s educational offering. That being said, there isn’t much educational content for learning how to trade or understand market dynamics.
We wish you continued success in your trading journey.Kind regards,Lime Fx Rep. CTrader provides a convenient and feature rich environment for more flexible trading. It is also highly customisable and can be adjusted to cater to suit the needs of different traders. Other benefits include Level II quotes, server trailing stop, 26 timeframes, cloud service, advanced chart trading and a FIX API for trading with direct market access. CTrader is available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). I would say this is the platform of choice for the professional trader.
Our spread module indicates that with Lime FxFX, you are paying more than your competitors, so it may be better to consider trading with other brokers. Since the broker has no swaps for all trading accounts as a default, there is no need to have a special Islamic swap-free trading account. As seen in the module below, we found Lime FxFX spreads to be largely average for major FX pairs, and disappointing for cross-pairs.
It’s worth mentioning that the broker does have a blog and a YouTube channel, yet I was still left wanting more. 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. Lime Fx does have a proprietary app limefx reviews for social copy trading (the Lime Fx Copytrading app), yet it still trails behind industry leaders such as IG and Saxo. Check out my picks for the best mobile trading apps in the industry.