Traders must submit their name, e-mail, country of residence, mobile number, and date of birth. It also includes the account selection process, which I find convenient. Lime Fx notes 24/5 customer support in 30+ languages, but I only came across e-mail support during my review. The FAQ section left me unsatisfied and searching for answers elsewhere. One of the best things about MT4 is its simplified order execution. However, the platform is quite old, and its rugged design is outclassed by newer and sleeker platforms.

Traders can select between fixed spreads and flexible (floating) spreads, each with its own set of advantages and considerations. Trading with This broker has made me understand what it means to understand real care from a broker. Also the way they respond is in a very polite tone which has helped with the quality of service given to clients. They also have great support tools like their extensive collection of educational materials and also analytical tools.

I was surprised to find out that T4Ttrade provides so many ways for making deposits and withdrawals through various payment methods. I entered my personal area and when I was counting, it turned out that there are 9 various payment options available and it is really cool.Anyway, you better check it out on your own. Mainly I use two ways for transferring money, the first method is through a bank card and the second one is through crypto currencies. Transactions are always fast and I have never encountered serious delays. Hello Thiago,We are so grateful that you took the time to write this excellent review!

Customer Support

Compared to other brokers, the leverageoffered by Lime Fx is relatively high. It enablestraders to potentially magnify their profits if the market moves in theirfavour, but losses as well, if the market moves against them. The Lime Fx platform also offers a detailedcharting package, helping traders to make better trading decisions. With a deepliquidity pool in futures trading, traders can take large positions withoutworrying about slippage. Moreover, for traders who find it challengingto place manual trades all time, the platform offers one-click trading thatsimplifies the whole process. Regarding withdrawals and deposits, Lime Fxdoes not charge any extra fees for using their payment gateways.

Internal processing times are within 24 hours, but the final transaction time depends on the payment processor and the geographical location of traders. Most non-banking payment processors have geographic restrictions, and the Lime Fx client portal will only list the ones available to traders. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade limefx forex broker for one night and seven nights in the commission-free Privilege account. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Apparently they can block anyone’s account with out any notice or warning and its written in their term and conditions. Hey Luis Fernando Rodríguez,We are so glad you liked Lime Fx’s platform!

Standard

The competitiveness of Lime Fx’s fees depends on the asset classes traded. For instance, I found the combination of commission-free trading and generally low spreads on share CFDs extremely favorable. However, the broker’s spreads on currency pairs are quite elevated. Lime Fx offers a diverse range of investment opportunities, making it a competitive player in the online trading brokerage industry. Here, we’ll delve into Lime Fx’s offerings, compare them to other brokers, highlight its strengths, areas of improvement, and address the availability on various platforms. Lime Fx has regulatory oversight from the FSA in Seychelles, segregates client deposits from corporate accounts, offers negative balance protection, and has a clean track record.

How do I open an account with Lime Fx?

There is also a lack of a news screener, which traders usually use to stay on top of the latest market developments. When we test a broker’s customer support team, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. Compared to the broader industry, Lime Fx offers an average amount of share CFDs, and a high amount of FX pairs, commodities, indices, and cryptocurrencies. It also supports automated trading via its Expert Advisors (EAs) feature.

With its commitment to delivering state-of-the-art trading software and a seamless CFD-based trading experience, Lime Fx caters to the needs of both beginners and seasoned professionals. Lime Fx’s comprehensive client support system is designed to provide traders with the assistance and information required for a successful trading experience. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here.

The WebTrader software offers one-click trading and many charts for comparing assets. The Lime Fx platform offers 80+ currency pairs to trade with tightspreads and no hidden fees. Some major currency pairs like the EUR/USD,GBP/USD, and USD/JPY are offered with spreads as low as 1.2 pips. Lime Fx’s swap fees are very competitivecompared to other brokers in the market, making it an ideal choice for traderswho want to reduce trading costs. The minimum deposit at Lime Fx is $50 but may be higher for the more sophisticated account types. Since the trading fees decrease significantly, traders may have to deposit more to access cheaper costs.

Video on DemandThe Lime Fx platform also provides trading advice and market observations through videos. You can obtain daily updates and the most recent financial news with just a one-minute video. In addition to one-click trading, the platformoffers other features, such as hedging and scalping, which can maximiseprofits. Trading orders are also beneficial for traderswho are looking to diversify their portfolios.

Good broker for risk diversification

1. In my estimation, Lime Fx’s most useful type of educational content is its webinars.
2. The app also provides market sentiment data,which helps traders better understand the markets and take advantage of marketvolatility.
3. Regarding withdrawals and deposits, Lime Fxdoes not charge any extra fees for using their payment gateways.
4. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-free Privilege account.
5. Each of the instruments listed below is distinct and has qualities that make it advantageous to trade with them.

The broker does not charge deposits and withdrawals but has issued an inactivity fee. Lime Fx, based in Eden Plaza, Eden Island, Seychelles, is a trustworthy brokerage platform with many alluring trading conditions. Both novice and experienced investors can implement their preferred trading strategy with the help of a robust selection of assets, trading tools, and educational materials. With seamless movement between online, mobile, and desktop versions, finding what you’re searching for is simple.

Lime Fx limefx accepts traders resident in many countries, however it is not targeted at residents of the EU where it is not licensed. Lime Fx does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria, and North Korea. Hello Mathieu,We are so grateful that you took the time to write this excellent review!

The app will send alerts no matter where you are to inform you about the most recent happenings in your portfolio. The platform also provides sophisticated toolsfor each instrument, allowing traders to analyse the markets and make informeddecisions when trading. With 300+ trading instruments available, Lime Fx is oneof the best platforms for traders who want to diversify their portfolios. Lime Fx offers a wide range of tradableinstruments, including forex, metals, commodities, indices, shares, andfutures. This allows traders to diversify their portfolios and manage riskbetter. Spreads are something that forex and othertraders need to pay as it is the cost of trading.