The minimum deposit at Lime Fx is as low as $5, making it accessible to traders of all levels. Lime Fx offers a variety of account types, including the Micro Account, the Standard Account, the Lime Fx Ultra Low Account, and the Shares Account. The Ultra Low Account is particularly popular among experienced traders who want a combination of low-cost trading and flexible trade sizes. Clients can access a detailed Help Center covering common issues, platform guides, and trading resources. Responses through live chat are prompt, and email replies typically arrive within 24 hours, ensuring timely assistance.
Our Forex Broker Review Criteria
We offer a superior trading environment that puts traders in the best position to profit. Awesome fx apps list – my advice is to check brokers with social trading technology. Also, for knowledge and skill trading, the app supports education resources for ease of trading and good practices. Nevertheless, the platform’s aged interface and the chances of performance delay might be a downside to some traders.
Trading Regulators
When comparing Lime Fx with Pepperstone, both brokers are recognized for their competitive pricing and strong trading infrastructures. Check our comparison tables to explore how these brokers stack up against each other in terms of spreads, quotes, and trading volume. When evaluating Lime Fx against Eightcap, each broker brings unique advantages to the table. Our comparison tables below provide insights into their spreads, quotes, and trading volumes. Triple swap charges are applied on Wednesdays to account for the weekend settlement period, aligning with standard market practices.
Islamic accounts fully comply with Sharia laws and do not include swaps or interest for carrying positions overnight, making them an ideal choice for Muslim traders. The verification process is a standard step in opening a trading account and aims to ensure security and compliance with legislation in anti-money laundering. However, there limefx courses scam is no need to worry because you can call them and talk to a customer service agent if that does not work. They are more relevant than the phone or live chat answers, which can be vague at times.
User reviews from ForexPeaceArmy
- To reach Lime Fx customer service, you will need to use telephone numbers, email, or their live chat function.
- Yes, Lime Fx is considered good for beginners due to its extensive educational resources, user-friendly platforms, and wide range of trading tools.
- Our team of experts conducted the Lime Fx broker evaluation using clearly defined criteria and standards.
- In our Lime Fx review, we see that the company has transformed into a broker with many online assets.
- The minimum spread across all of the accounts is 0.1 pips, and the average spread for major currency pairs like EUR/USD stands at 0.1 pips.
- Each of the six chapters of Lime Fx’s specially designed ‘Learn Trading’ course covers one of the key areas of trading and investing.
In certain regions Lime Fx Global offers copy trading, allowing traders to follow and copy the strategies of other traders directly. Additionally, there are live trading education sessions, video tutorials, and platform guides for both beginner and advanced traders. Trading platforms are based on MetaTrader 4 and 5 which are known for their reliability and advanced trading features. Our overall experience trading on Lime Fx has been positive, with consistently fast execution on trades. In our opinion, the withdrawal hierarchy process may cause confusion, leading to some of the dissatisfaction, delays, and payment issues mentioned in some of the client reviews.
We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. 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 https://limefx.group/ are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. Lime Fx strives to offer a comprehensive and user-friendly trading experience, allowing traders to explore various financial instruments efficiently. At Lime Fx, the essence of business is intertwined with efficiency, speed, and fairness.
- With generally tight spreads on over 50 currency pairs and the same spreads offered for all trading account types, Lime Fx Group also provides fractional pip pricing.
- When evaluating Lime Fx against Eightcap, each broker brings unique advantages to the table.
- Enter the world’s most liquid market with the confidence of having a leading broker at your side.
- Lime Fx offers a variety of trading platforms designed to accommodate traders of all experience levels.
- Enhance your trading experience with the world’s most popular platform and Lime Fx’s industry leading execution.
Lime Fx supports various deposit methods, including credit and debit cards (Visa, MasterCard), bank transfers, and e-wallets like PayPal, Neteller, Skrill, and FasaPay. Deposits are typically processed instantly, allowing traders to start trading without delay. Lime Fx also supports multiple currencies, providing flexibility for traders in different regions. All platforms are available on desktop, web, and mobile devices, ensuring traders have access to a seamless and efficient trading experience from any location. Lime Fx offers commission-free trading on most account types, with spreads starting from 0.6 pips.
MT4 allows traders to customize their experience with a variety of analytical tools, making it suitable for both beginners and experienced traders. The platform is available across multiple devices, including desktop, mobile, and web versions, ensuring accessibility and flexibility for traders on the go. With features such as one-click trading and customizable charting options, MT4 remains a popular choice for forex and CFD trading. It offers all the features of the Standard Account, including negative balance protection, hedging capability, and a minimum deposit requirement of just $5. Traders can open up to 300 open positions or pending orders simultaneously. The Lime Fx Standard Account is a versatile option offering access to all trading instruments with zero commission.
Currencies accepted for deposits/withdrawals
To prevent slippage and keep your strategy aligned with real-time market prices, 99% of all trades are executed in less than one second. Each one of these three can be set up for swap-free trading which complies with Shariah law. It did used to offer markets in Bitcoin but has positioned itself as more of an expert service for trading in other markets. There are a handful of tools and indicators which do not transfer over to the smaller screen but those that do ensure the mobile package is still of the highest quality. The application supports 30 technical “indicators” and 24 analytical “objects”, such as Gann and Fibonacci levels.
As always, value is gained from a broker when they can offer you more than the competition. I think that, in this regard, Lime Fx has proven itself to be more than enough. You can get additional tools that come from Avramis, among other features. On WebTrader, you will have access to the same functions that you will find on the desktop. The only difference is that you will not have to install the app if you access it from the web. With the Lime Fx micro account, you can open up to 300 positions at the same time.
Here are the criteria we used to review and pick the forex brokers on this list out of the hundreds of forex brokers out there. Yes, Lime Fx is a truly great Forex broker with years of experience in the financial markets. With its long experience, Lime Fx has managed to become one of the leaders in the market.
ACCOUNTS
Whether you’re a desktop or smartphone trader, MT5 is just a few clicks away. While the “best” trading app ultimately depends on individual preferences and trading styles. It has a highly intuitive design and solid functionalities, with the possibility of using tools and trading with various stocks, ETFs, and several cryptocurrencies. The Lime Fx App provides a full range of functionality for users on both Android and iOS. Moreover, the app is meant to improve the overall banking experience; there is speed and convenience without compromising on safety. Accessing and operating your Lime Fx account has been made easier by introducing a mobile application called the Lime Fx App.
By clicking on ‘Open an Account’, the user is taken to an area of the site where they can set up either a live account or a demo account. The seamless cross over between platforms speeds up trading operations and gives traders the flexibility to trade from locations and at times that suit them from anywhere and at any time with ease. Lime Fx Group backs this up by being a broker with the intention of meeting the highest regulatory standards.
Once the application is complete, there is a short delay whilst the broker verifies your details. During this waiting period, it is possible to fund your account before it is live. With regards to the forms, the information you will supply is to make sure that you can be identified by the broker; during this process, you will need to upload some proof of identification.
It has simple interfaces and advanced trading features that enable the Plus500 users to place orders on the international market. Plus500 is a primary online trading portal providing a variety of products such as foreign exchange, shares, commodities, indices, options, and other instruments in the form of CFDs. Enhance your trading experience with the world’s most popular platform and Lime Fx’s industry leading execution. However, it should be noted that the Standard account has above-market average spreads and swaps. This could make the Ultra Low account attractive to traders seeking minimal trading costs. The Lime Fx VPS service is provided on favorable terms as part of a promotion.
Clients with a balance of at least $500 and a trading volume of at least 2 standard lots or 200 micro-lots per month can connect to VPS for free. One of the attractive aspects of trading with Lime Fx Group is the low entry threshold for novice investors and traders. Even the $5 minimum deposit is imposed to adhere to the restrictions placed on electronic funding platforms like Skrill and Neteller. You can use Nganluong Wallet, Neteller, Skrill or Online Bank Transfers to withdraw money. It has a presence in more than190 countries, with over 10 million clients. When trading with them, you will most likely find their services excellent, their customer service impeccable, and their approach to clients welcoming.