When we used Lime FxFX’s trading terminals, the new order process was similar and relatively straightforward. Once you have opened and verified your account profile, you can begin trading.
Can you trust Lime FxFX?
They can go as low as $25 (USD) when funding with Visa/Mastercard, to 50 euros (EUR) when using Skrill/Neteller to as much as 500,000 Indian rupees (INR). It’s important to note that minimum deposits and trading costs will also depend on which Lime Fx entity you choose for establishing your trading account. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. Lime Fx Markets Incorporated is the international branch of the broker. The company was established in St. Vincent and the Grenadines and is regulated with licensing from the Saint Vincent and the Grenadines Financial Services Authority (SVGFSA).
Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. 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). Minimum deposits at Lime Fx will vary depending on your country of residence and your chosen payment method.
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Note, accounts are automatically deactivated if you never deposit or sign in to them. Lime FxFX is a No Dealing Desk (NDD) broker and therefore acts as an intermediary between the trader and the market. Lime FxFX receives commissions from its liquidity providers for each transaction.
It can also be a good choice if you are looking for a company that makes forex copy trading as easy as possible. If you prefer a broker that gives you access to a large selection of tradeable assets, then you are better off choosing another EU-regulated broker. I read an article about the history of this platform and this attracted me to choose Lime Fx as my broker.The broker was established in 2011, and its main goal has been to provide commission-free trading for all of its clients.
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 limefx reviews research and decades of collective experience covering the forex industry. Lime Fx has over 50 different payment options, such as Visa, Neteller, Fasapay and bitcoin, as well as a large variety of local bank transfers.
Our experts were also offered the chance to win real funds by participating in the Lime FxFX Champion demo contest. Upcoming competitions, duration and rules can be found on the broker’s website. 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.
How To Place A Trade
Lime FxFX is a forex, CFD and copy trading broker offering the MT4 and MT5 platforms. In this 2024 broker review, our experts log in to the personal area and uncover the key features, including leverage, demo accounts, regulation and more. Please note that the answer to this question might depend on where you live. When we used the Lime FxFX demo account, it was good to see emulated live market conditions and real-time prices. Paper trading accounts are a great way to practice investment strategies risk-free and learn platform terminal features and tools.
In addition to the 30 in-built technical indicators, advanced charting tools allow you to analyze price fluctuations and trends in the market, using three customizable chart and graph types. Additionally, MT4 offers nine timeframes, four pending order types and one-click trading. Traders living outside of EU will have their accounts placed under Lime Fx Markets Incorporated.
- I came across Lime Fx company when I was just scrolling through various financial resources and somehow I saw an advertisement for the company.
- All withdrawal requests are processed within 1-3 hours during business hours, though the time taken for funds to clear back to the original payment method may vary.
- Both platforms are compatible with several languages, including English, Arabic and Hindi.
To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process.
When we used the Lime FxFX app, it was easy to integrate an existing MetaTrader profile into the branded app. You can set SMS price alerts and app notifications of limefx scam market movers. The application also permits full account management including live deposits and withdrawals and copy trading services.
This is quite a brave approach, and I see they have succeeded in achieving their goal.Indeed, only spreads are in the form of commissions on this platform. 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. ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry.
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 offers barely 277 tradeable instruments, which varies by platform, with the most on its MT5 offering. By comparison, industry leaders Saxo, IG, and CMC Markets all offer over 10,000 tradeable instruments. No other promo codes or no-deposit bonus deals are currently available.