Forex Trading

Lime Fx Review Best Regulated ECN, Stock & Forex Trading Broker

Lime Fx fx forex broker

Such bonus funds are withdrawable, but you need to trade a certain number of lots before you can actually withdraw them. I’m extremely satisfied with the responsive customer support at Lime FxFX; they always provide limefx scammers timely assistance when I have questions. I appreciate the variety of trading instruments available on Lime FxFX, which allows me to diversify my portfolio and explore new opportunities. Lime FxFX has proven to be a reliable broker with a responsive customer support team. They address my queries promptly, ensuring I feel supported throughout my trading journey.

  • The EU entity of Lime Fx clearly states its regulatory status in the website’s footer.
  • The program showed amazing capability during testing, letting users access more than eighty trading instruments and make swift trades.
  • This bonus is available on every deposit you make, not just the first one, and offers flexible terms to help you manage it effectively.
  • From the Lime Fx review, you will get to know that, it distinguishes itself for its dedication to positive impact as much as for commission-free trading.
  • Only the traders themselves could give us a better insight into their preferences.
  • By participating in monthly Champion MT4 Demo Contests, you can win up to $1,000 without making a single deposit.

Deposit Fee

VPS hosting provides low-latency 24/5 Forex trading, and API trading is equally available. It places BlackBull Markets among the best Forex brokers in Romania. Copy trading with Lime FxFX is perfect for beginners who are just starting with forex trading. By following experienced traders, you can learn the ropes of the market and develop your own trading skills.

Why Lime FxFX is a Legitimate Broker

You will also learn in detail how to open an account with DEGIRO and the different account types you can choose from. Payment methods refers to the various mediums by which users can credit and withdraw from their accounts. Lime FxFx offers its users different payment methods to be used either for deposits or withdrawals. Lime FxFX offers a streamlined trading experience with intuitive tools and reliable market insights. Lime Fx provides low spreads, a 50% deposit bonus, no trading fees, and no swaps, which makes the platform very appealing to traders.

The Lime Fx trading app released

Lime Fx offers over more than 50 different instruments to trade, including over 35 currency pairs. From over 3340 systems available on Lime Fx’s copy trading offering, 630 providers were profitable in the last three months or about 18% of all strategies. Overall, I found the layout useful, although I would like to see more performance statistics incorporated to help traders differentiate from among the Masters (providers of each strategy). That means you don’t have to make a special Islamic account with Lime Fx. Just create a trading account and enjoy all the benefits of an Islamic account. Islamic accounts are designed to comply with religious requirements for Muslim traders.

A nice feature I liked was the order ticket showing your potential profit and loss in monetary value compared to just in pips like other platforms. This is a useful feature if you’re new to trading as you’ll know your monetary risk instead of guessing with a pip conversion which could lead to mistakes and over-risking your trades. Out of the platforms available, I believe MT5 is your best option overall as it allows you to trade all asset classes and improves on the features of the MT4. For example, the MT5 is faster thanks to being rebuilt using 64-bit architecture which means your execution times and price feeds are faster, and now allows you to trade stocks. In addition to traditional platforms, I did find that copy trading is available through the Lime Fx Copy platform giving you an alternative approach to leveraged products like forex and gold.

Does Lime Fx operate a bank?

By means of Expert Advisors (EAs), MT4 supports automated trading, therefore improving trading efficiency and facilitating users to apply algorithmic techniques effortlessly. The trading experience is enhanced by the availability of more than 25,000 custom indicators and plugins; the interface is simple, and navigation is easy. 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. For traders trying to cut non-trading costs, Lime Fx’s attitude to extra fees stresses affordability and openness, which appeals. On the negative side, traders should make sure to check the proposals, as Lime Fx is an international brand and a Cyprus one offers slightly different conditions.

Lime FxFX is also available on mobile and has dedicatedapps for both iOS and Android. There is virtually no performance differencebetween these mobile apps and desktop apps. Customer service at Lime Fx is through live chat or a support email address, which is a slight letdown as I prefer when limefx review companies offer phone support for urgent questions.

FX Traders’ Viewpoint

  • With an unrestricted number of traders to copy, clients can create a balanced trading strategy for themselves.
  • Lime Fx also keeps a thorough FAQ section on its website to answer often-asked questions about trading and account management.
  • This means you can hold CFD positions overnight without being charged interest or fees like non-Islamic accounts do, making the broker a solid pick if you trade stocks.
  • Bonuses of 10%, 20% or 50% can be claimed on each deposit with Lime FxFx but there are even bigger bonuses available during holidays and other limited-time events.
  • With a 50% bonus, you get to trade with $150 right from the start.

Lime Fx’s trading environment is best for regular market participants for active traders. However, at times High-volume traders or like pattern traders might find it as limitation since commission basis account is preferred for easier calculation of trading costs. The account opening process at Lime Fx is fully digital and can be completed within minutes via the company website.

Lime Fx fx forex broker

Brokers By Licenses

An FAQ section and a Glossary aim to answer the most common questions and introduce terminology. Traders may access the Manuals to obtain more specific assistance regarding the three trading platforms, related tools and services, and Autochartist. Webinars hosted by Lime Fx complete a well-rounded educational portal. Lime Fx offers a smooth and transparent deposit and withdrawal process, with no fees charged by the broker itself.

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