Choose MT5 if you want the most advanced trading tools and access to more markets. MT4 is perfect if you’re already familiar with the platform or if you want access to a wide range of trading tools and indicators. And I personally tested their customer service response times and was seriously impressed. By the end of this review, you’ll know exactly what to expect from Lime FxFX and whether or not they are a legit and reliable broker to trade with. We’ll even compare them to other top forex brokers so you can make an informed decision.
About Lime FxFX
TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All of these platforms are available in web and mobile applications, including both Android and iOS. Lime Fx’s lineup of platforms features the gold standard MetaTrader. The MetaTrader platforms offer robust features and usability that appeal to a wide market.
- This company is a shadow of it former self and unfortunately the negative reviews are true .
- Do not invest with Lime FxFX unless you are prepared to lose all the money you invest.
- If you are outside the EU, then you will have access to the MT4 Micro account type.
- So we think it is very important to move towards the trading platform with your prudence, practical humanity, and knowledge.
Fresh webinars are published regularly in English, Malay, Thai, Spanish, and Portuguese, catering to all experience levels—from first-time traders to market veterans. Lime Fx has also created a detailed 11-lesson video course that dives deeper into core areas like chart analysis, market fundamentals, and building the right trading mindset. The broker’s YouTube channel hosts over 400 educational videos and past webinars, tackling topics as simple as the ABCs of trading and as complex as Elliott Wave strategies. This rich video content is complemented by 70+ written articles on the Lime Fx website, giving traders multiple ways to learn. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. Essentially, the broker lends the trader money so that they can open bigger positions.
All BrokerNotes limefx company reviews content is researched, fact-checked, and edited by the research team. Between 74-89% of retail investor accounts lose money when trading CFDs. If you’re interested in comparing Lime FxFX against other popular brokers in the industry, check out our Lime FxFX Vs pages. Our team has compiled a series of detailed Lime FxFX comparison articles, pitting the Lime FxFX platform against some of the best-rated Lime FxFX competitors in the market.
- At TopBrokers, we’re dedicated to providing up-to-date, unbiased reviews on trading platforms.
- Here are a few of the Lime FxFX account types you can look forward to trading with once you get started.
- Using Lime Fx allows clients to trade in micro and mini lots on its platforms, which is particularly beneficial for new traders or those seeking a more cautious approach in their risk-management strategy.
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. We like FXOpen as an alternative to Lime Fx for the flexibility it offers. Besides MetaTrader, FXOpen offers a proprietary platform and WebTrader.
Regulation and safety of funds
Additionally, to connect to the Lime FxFX trading server.Take the time to understand all of the Lime FxFX Android MetaTrader 5 features. With Lime FxFX MetaTrader 5 for Android, you can trade various financial instruments anytime, anywhere. Lime FxFX MetaTrader 5 Can Operate on newer iOS devices like the iPhone and iPad. MetaTrader 5 requires a mobile internet connection or a connection to Wi-Fi.You should upgrade the iOS MetaTrader 5 app regularly. New versions provide improved functionality and increased stability.Lime FxFX MetaTrader 5 allows traders to look at market statistics of financial instruments traded in the market execution mode.
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. It’s worth mentioning that the broker does have a blog and a YouTube channel, yet I was still left wanting more. From among the trading systems known as «Master Traders» to copy on Lime Fx’s Copytrading app, there are 1,390 newcomers, 986 growing talent, 703 high achievers, 360 experts, and 223 legends. These labels denote some milestone that the Master Traders have reached, although their performance and results can vary.
While ERC20 is reliable, traders seeking lower blockchain fees may opt for the Lime FxFX TRC20 withdrawal alternative. 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. Single app and web service integrated into the Oct lets you earn like an experienced trader without any specific knowledge. You simply start following some pro trader you’ve picked, and Lime Fx CopyTrading app automatically copies their trades. These services empower Lime FxFX users to refine their skills, maximise profits, and benefit from a collaborative trading environment.
One of the best benefits of Lime FxFX is its fast transfer times for both deposits and withdrawals along with no commission fees for either activity or currency exchange. When you trade with Lime FxFX, you have access to three different account types designed to cater to traders of various experience levels and trader types. This range also includes Metatrader4 and Metatrader5 platforms. With this variety, it is easy for anyone in the world who want’s a reliable broker these days. The platform isn’t overly complex limefx reviews or intimidating for new users.
This amount can vary depending on the master as they have freedom to individually set commission. Further protection is also available through the guaranteed stop loss that Lime FxFX makes available in exchange for a small mark-up when you are opening a position. This means you can open positions with as little as $1,000 and this amount can be further reduced if you are trading on leverage. The minimum order size you can expect when trading with Lime FxFX is 1 micro lot. This is the same as 0.01 standard lots, or equal to $1,000 in cash value. Lime FxFX Islamic accounts are available quickly and conveniently where needed by simply clicking “swap-free” when you open a new account.
Its global entity isn’t licensed by top-tier regulators such as the Financial Conduct Authority (FCA) in the UK and the Securities and Exchange Commission (SEC) in the US. Well, it’s not officially authorized by SEBI, India’s financial regulator. While Indian residents may be able to access the platform, doing so means they’re trading at their own risk. Combined with its full 2FA and identity verification, this platform is a trustworthy alternative for traders concerned about Lime FxFX’s limited regulatory reach and lack of basic security features. Choose the account from which you want to withdraw funds and click on Withdraw. Then, you should be taken to the withdrawal page where different payment methods are listed.