It provides in-depth research conducted by in-house analysts and access to third-party tools such as AutoChartist. These revenue streams allow us to remain financially independent of advertisers, enabling us to provide all services with maximum transparency. Among the financial service providers, there are fraudsters that we promptly report.

Lime Fx, with a trust score of 70, is regarded as having ordinary risk, thereby giving traders a fair degree of confidence about its dependability and operational integrity. Web and mobile trading platform Lime FxTrader enables you to diversify and upgrade your trading. You can also create accounts on the MetaTrader 4 and MetaTrader 5 platforms to trade Forex, cryptocurrencies, and other instruments. Compare the platforms‘ features to find the one that is right  for you. Our market analysis service offers the latest currency rates, including EURUSD and GBPUSD, intelligent technical analysis tools, and daily market insights from our experts. Enjoy smooth and convenient trading with user-friendly interface on a fast and stable platform.

• Material includes live trading sessions, workshops, and trading strategy-themed presentations.
• Once users have gotten up to speed on a demo account, they can easily switch to a live version.
• It is known to be quite popular among intraday trading pros and algorithmic traders thanks to its advanced features.
• You can access strategies to follow through the community forums and program your own with MQL5 and C# fully supported.

In the next section, we’ll talk about how to manage your trade once it’s open. Now you can watch how it performs in the Terminal section of your platform. Before we place our first trade, let’s cover some essential concepts. After you’ve submitted your registration, Lime Fx will send an email to the address you provided.

Popular Forex Guides

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.

MetaTrader 4 charting tools for technical analysis

These apps offer full trading capabilities, interactive charts, and technical analysis tools on the go. Yes, Lime Fx offers a demo account where you can practice trading with virtual funds. The demo account lets you become acquainted with the platform and test your trading strategies without risk. Furthermore, Lime Fx’s competitive spreads and leverage options add to its allure, but it is important to note that, like all trading platforms, Lime Fx has drawbacks, such as occasional technical issues. The CopyTrading app includes tools that allow traders to compare performance metrics among different traders to help them make informed decisions. The service is designed to be user-friendly, meeting the needs of both novice and experienced traders.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how derivatives work and whether you can afford to take the high risk of losing your money. The promo codes, according to their customer support, is a unique offer for some new clients. Nevertheless, new users can always use the promo codes of Lime Fx affiliates to receive bonuses or chat with the live support on their website to get the promo code. A review of the broker’s trading instruments reveals that users are allowed to trade over 120 stocks.

Trade with a global broker to achieve your investment goals.

• Compliance with regulations is crucial for any trading platform, including Lime Fx.
• However, the minimum deposit amount may vary depending on your region and the payment method you choose.
• If you’ve been asking Google this question, “How to trade on Lime Fx for beginners”, you can stop searching now.
• For more experienced traders, Lime Fx provides advanced analytical tools, including charting capabilities and various technical indicators.
• For those interested in trading indices, Lime Fx provides access to some of the world’s major indices.

All the services on the TopForx.com website are free for you to use. Our team spends thousands of hours per annum researching brokers and gathering information about them to help investors all over the world to choose reliable companies and to avoid fraudsters. It has operated under various licenses, including one from SVG, ran a branch in the UK, but stopped it in 2017 and chose Cyprus as its next base. Log in to your Lime Fx account, go to the “Withdrawal” limefx company reviews section, select your preferred payment method, enter the withdrawal amount, and follow the instructions.

Advanced analytical tools

There is a very high degree of risk involved in trading securities. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. 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).

However, Lime Fx’s European entity is regulated by the top-tier Cyprus Securities and Exchange Commission (CySEC). According to the broker’s website, clients have negative balance protection, and client funds are segregated from the company’s operating funds. We performed our tests with a live account, using the MetaTrader 5 and Lime FxTrader platforms, opened with the Lime Fx Saint Lucia entity (Lime Fx Markets Inc.). Compared to other brokers, Lime Fx claims to have low trading fees and charges nothing on deposit and withdrawal. With an unrestricted number of traders to copy, clients can create a balanced trading strategy for themselves.

Lime Fx used to have trouble with pricing, but now they’re much better and are catching up to the cheapest MetaTrader brokers. Also, Lime Fx hardly ever has any issues with order delays or extra costs, except for some rules that might slow down traders who make a lot of trades quickly. 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. However, one should also consider Lime Fx’s fee structure and the requirements to access certain features, such as the VPS service, which requires a $500 initial deposit and a monthly trading minimum. Our findings also highlight that customer service is one of Lime Fx’s strongest suits, and it consistently receives positive feedback for responsiveness and efficiency.

Lime Fx customer support provides its clients with 24-hour live support available through live chat, email, and phone support in various languages. Both Live Chat and Email are available in various languages including Bengali, Chinese, English, Hindi, Indonesian, Malay, Portuguese, Spanish, and Thai languages. However, traders may be charged third-party processing fees—which Lime Fx has no influence over. Furthermore, although Lime Fx does not charge inactivity fees, traders who deposit or withdraw in currencies other than USD or EUR could have to pay for the conversion.

It will also inform you of any trading and non-trading fees that you may incur, as well as answers to questions you may have about the broker. Deposits made to trading accounts must therefore be made from bank accounts in your name only. In the case of bank transfers, all requests are processed within 1–3 hours during the working time of the broker’s financial department. However, deposits via Skrill, Neteller, Visa, Mastercard and crypto are instant.

Lime Fx is regulated in Cyprus by the Securities & Exchange Commission (CySEC) and in South Africa by the Financial Sector Conduct Authority (FSCA). Lime Fx holds just one Tier-1 license and one Tier-2 license, resulting in a grade of „Average Risk“ within the ForexBrokers.com Trust Score rating system. Any trader understands the importance of receiving reliable and knowledgeable help when faced with challenges. Lime Fx prides itself on providing professional support that is not only accessible but also highly informative. Their support staff are well-trained and equipped to handle a variety of issues, assisting you with clear, effective solutions to https://limefx.group/ your inquiries.

How to open an account with Lime Fx?

Participating in financial markets involves high risk, which can result in the loss of part or all of your investment. Lime Fx has also gone above and beyond with its education materials which include live webinars and carefully crafted courses. Customer service is highly responsive, with one drawback being that there is no phone support. Lime Fx also made a significant step forward since my last review by adding 150 CFDs on shares from 16 global stock exchanges. The Lime Fx website features a robust economic calendar, including the time, date, country, actual figure, forecast figure, previous figure, and anticipated market impact of a given economic release.

In this PrimeXBT review, we will explore the broker’s regulations, safety procedures, online trading fees, deposits & withdrawals options, spreads, and leverage. Additionally, the steps on how to create an account and the verification processes will also be covered. Lime Fx’s low minimum deposit requirements allow everyone to easily trade. Although the minimum varies per jurisdiction, it is relatively a low sum. Coming to assets, the company offers a wide array of tradable assets, allowing clients to pick their favorites and suitable ones for trading.