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. Lime Fx Cyprus entity together with its operations established under ESMA rules offers lower leverage levels as defined by the regulator. This means that European traders or those clients that are registered with Lime Fx European entity will fall under ESMA regulation Leverage.
What tools does MetaTrader 5 provide?
- Easy navigation and fast trade execution made possible by the MetaTrader 4 and MetaTrader 5 platforms improve the trading experience even further.
- This mobile application provides traders easy access to all accounts, including demo accounts, and integrates seamlessly with Market Insights to improve decision-making.
- However, it’s important to note that Lime Fx does not currently offer trading in stocks, ETFs, futures, bonds, or options.
- 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.
The ‘Forex Basics/Technical Analysis’ library, for example, contains a step-by-step guide to support traders that are getting into trading. This guide ranges from a glossary of the basics to videos on the important question of which time frame to adopt. The service provides tutorials, which explain how this is done and primes traders to run a cBot and use the free algorithms made available to them. This section of the site is well supported by the Customer Services and the Education sections of the site. There is also a dedicated VPS (Virtual Private Server) for ‘algo’ traders.
The trading experience is enhanced by the availability of more than 25,000 custom indicators and plugins; the interface is simple, and navigation is easy. We admit high-tech access to a range of instruments and multiple platforms either for manual, algorithmic, or social trading. It is definitely a great advantage that Lime Fx offers both industry popular MetaTrader platform and its own proprietary App.
“My decision to switch to Lime Fx and Lime Fxtrader”
- The Lime FxTrader platform is intuitive, well designed, and has popular features like alerts and 1-click trading.
- It’s always nice to have extra security tools thrown in and Lime Fx provides more than most.
- Withdrawals can be initiated from the website dashboard or through the mobile app.
- Participants compete for real cash prizes ranging from $40 to $500, with winners determined by the highest account balance after four weeks.
- Whether you’re refining strategies or analyzing your trading patterns, Lime FxVision is an essential digital mentor for enhancing trading outcomes.
Lime Fx is a technology-based brokerage company and Forex broker that offers an industry-leading platform Metatrader4 and MetaTrader5 with numerous investment opportunities and great capabilities. Lime Fx is best suited for both beginner and intermediate traders due to its easy-to-use platform, educational resources, and low minimum deposit requirement. The broker provides comprehensive trading tools and features that traders can leverage to optimize their trading strategies. Additionally, Lime Fx offers impressive customer support to assuage any potential challenges traders might face.
Locate and select the “Withdrawal” option from your Personal Area dashboard. The Trading App combines various account management tasks into an easy-to-use interface. The broker is not currently regulated by the Commodity Futures Trading Regulatory Agency (BAPPEBTI/CoFTRA). The figures below reflect the available leverage at the offshore entity of Lime Fx.
Moreover, the integrated copy trading function lets customers duplicate the winning strategies of seasoned traders, so promoting a cooperative trading atmosphere. For people looking for a sophisticated trading experience, Lime Fx’s MT5 platform offers a strong and flexible trading alternative overall. One thing that stood out to me about this broker during my review was the ease of use. The Lime FxTrader platform is intuitive, well designed, and has popular features like alerts and 1-click trading. There are no swap fees, inactivity fees, or fees for deposits and withdrawals. Three account types cater to limefx official site traders with different levels of experience.
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. 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. Lime Fx offers a mere 257 tradeable instruments, which varies by platform, with the most on its MT5 offering.
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. Copy trading is also available, allowing clients to automatically replicate the trades of other selected traders.
What types of assets can I trade on Lime Fx?
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. Lime Fx operates under various regulatory frameworks depending on the entity through which an account is opened. Residents of the European https://limefx.name/ Union receive the highest level of regulatory protection, as Lime Fx Markets Cyprus LTD is regulated by the Cyprus Securities and Exchange Commission (CySEC).
Account Comparison
Internal transfers between different accounts can be done from the dashboard and are nearly instantaneous. There is also the option to transfer funds to a wallet outside of these accounts but within Lime Fx. The rebate value ranges from $4.8 to $8 per lot on the MT4, MT5, and Lime FxTrader platforms. The program is committed to transparency and accessibility, with no hidden fees or conditions.
Gold rises as dollar eases ahead of US-China trade talks
The Status Program demonstrates Lime Fx’s dedication to improving traders’ experiences. This draw offers alluring prizes, including smartphones, laptops, and trips to exotic locales. This initiative adds an element of excitement and tangible rewards to the trading journey in recognition of the traders’ efforts and engagement. You can decide which trading account to fund depending on your trading strategy and personal preferences. The broker provides a variety of account options to accommodate various trading styles.
Fits your trading style
Both account types offer access to a broad range of assets, including currency pairs, commodities, stocks, indices, and cryptocurrencies, all with tight spreads and no extra fees. Lime Fx platforms incorporate advanced charting tools, promote ease of use, and support algorithmic trading. Although not proprietary, the platforms provide opportunities for copy trading, allowing users to replicate successful strategies from other traders. The Lime Fx platform provides a web-based and mobile alternative, but there is no desktop version, which can be inconvenient for traders who prefer a dedicated program over a web browser. The web-based platform offers quality charts, allows for the placement of technical indicators and lines, and supports alerts that arrive as notifications from the broker. However, it lacks weekly and monthly time frames and does not offer an intuitive zoom tool.
Lime Fx allows traders to fund their accounts using a variety of options, including credit cards, bank transfers, and popular e-wallets like Skrill and Neteller. The broker does not impose any fees on deposits, ensuring flexibility and convenience for traders across the globe. This fee-free deposit structure makes Lime Fx an appealing choice for those seeking a cost-effective trading environment, while also offering multiple payment methods to suit different preferences. The Micro account at Lime Fx is tailored for beginner traders, offering commission-free trading with slightly wider spreads. This account provides access to all of Lime Fx’s trading instruments and platforms, giving new traders the opportunity to get started with minimal risk.
Clients can opt to trade using ECN portals, which take the quality of execution up a level. The choice of trading platforms means users can select the best fit for them. With more than 42 million accounts spread across 180 countries, multi-regulated broker Lime Fx provides a wide range of trading options across asset classes. Lime Fx provides low spreads, no commissions, and a minimum deposit of $25 using over 300 instruments—including 52 currency pairings, 34 cryptocurrencies, and 10 global indices. Lime Fx is known for offering a smooth trading experience with user-friendly platforms and valuable market analysis .They also cater to a variety of traders with different account options.
The Lime Fx technical environment is monitored 24/7 by a dedicated team of highly professional security engineers and technical specialists. Credit and debit card transactions are subject to 3D secure Visa authorisation and there are processes in place to protect clients making withdrawals. Account security — in line with the guidelines provided by the better regulators, Lime Fx keeps client funds in segregated accounts. Electronic access and communication is also protected by a ‘SSL-secured Personal Area’, which has 128-bit encryption, and makes your browsing safe and your data inaccessible to any third parties. Platform choice ultimately comes down to personal preference, but Lime Fx has signalled its intent by offering its clients the choice of two market-leading platforms.
For this reason, world authorities and regulators restrict leverage to use to specify safer levels for retail traders. 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. By means of Expert Advisors (EAs), MT4 supports automated trading, therefore improving trading efficiency and facilitating users to apply algorithmic techniques effortlessly.