Open your account online and contact your account manager for more information. In our opinion, its Islamic account is one of the best on the market because you can keep your positions open for as long as you want without incurring additional costs. Our extensive tests show that Lime Fx is a legitimate broker. We have not experienced any security concerns during our many hours using the trading platform. These combine well with Lime Fx’s free forex VPS, hosted by BeeksFX, which is available to traders who deposit at least $2,500 and trade at least 30 lots per month.
I usually check their daily technical analysis and take advantage of some articles published in traders corner blog. All in all, this set of conditions led me to where I am – to Lime Fx broker. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence.
Our broker ratings are also informed by the experience of our researchers during the evaluation process. I am pretty excited with the experience on this trading platform. It looks interesting, because there is a fast execution that ensures no slippages and requotes occur. Sometimes, maybe when there is a big load of traders and millions of trades are executed simulateonsly, thre might be delays, but if you work with pending orders during such periods, then no worries.
How do I withdraw money from Lime Fx?
I could not find any problems with the quality of their services. One operates out of limefx scammers Vanuatu, where international clients have a trustworthy and competitive trading environment. Lime Fx also maintains a presence in Cyprus for EU-based clients under the uncompetitive ESMA regulatory framework. Lime Fx offers traders the core MT4 trading platform without third-party upgrades. Lime Fx offers a decent selection of payment methods including standard card and wire transfers as well as crypto and e-wallet solutions. This is a convenient range and I was especially happy with the inclusion of crypto payments as these are highly flexible and should work for traders based almost anywhere.
The sign-up process is also pleasingly simple and there is a swap-free solution for Muslim traders available upon request. That said, this broker does implement negative balance protection across both EU and offshore entities, unlike alternatives such as Fusion Markets. This means that clients of Lime Fx’s offshore branch won’t get the same level of protection and won’t have access to compensation schemes or trusted regulators if things go sour. As for my experience of cooperation with this company, then everything is ok. calm trading and nothing else.
Execution is faster than the speed of falling comets during shooting stars season, thank you guys for that. Lime Fx does not have a proprietary mobile app, though MT4 can be downloaded to Android and Apple devices. The mobile application has proven to be stable and reliable during testing. I’ve also read much of the educational content and was struck by its bland delivery with long-form text and limited videos or engaging elements like quizzes, all of which could elevate the learning experience. Placing a trade is a quick and straightforward affair that can be completed in a couple of clicks via the ‘Market Watch’ window or even more smoothly by turning on one-click trading. It was simple to complete the demo registration process within the client portal with the benefit of not having to complete any identity verification requirements.
Although some brokers like Vantage offer a similar service with less stringent qualifying criteria, Lime Fx’s VPS, combined with its excellent pricing, will appeal to high-volume traders and algo traders. Lime Fx supports trading via the MetaTrader 4 (MT4) platform. I really like the ‘average spread tool’ available on the broker’s website which displays fees over recent trading sessions.
Platforms & Tools
- Lime Fx transparently provides all necessary information on its website.
- Lime Fx provides clients with daily technical analysis for the EUR/USD, GBP/USD, and USD/JPY.
- A wonderful company in which it is interesting to work and learn something new for myself.
- You can also access the Lime Fx MT4 platforms on Android and iOS smartphones and tablets.
My mission with TrustedBrokers is to help you find the right broker for you, whether you’re a beginner or a pro. I’ve personally used and tested the brokers on our service, opening and funding real-money accounts, contacting customer service and placing trades. Lime Fx is an ECN broker and only maintains one ECN account for all clients. It is unique as traders get a commission-free cost structure with raw spreads, an unusual offer, presenting Forex traders with a notable edge.
Importantly, all deposits are fee-free, and e-wallets like Skrill and Neteller process within an hour, compared to 5-7 working days for wire transfers. CySEC is a top-tier regulator that helps ensure Lime Fx follows strict business standards and implements safeguards like negative balance protection and segregated client funds. Y’all know what I done right after I entered the website? I explored all documents first and then got down to researching various «educational» articles. They seem to me quite helpful as due to them you start feeling the market and almost imagine how a perfect trading strategy should look like. Luke Jacobi is a distinguished professional known for his role as President at Benzinga, a renowned financial media outlet.
Traders have access to numerous deposit and withdrawal options at Lime Fx. The Education Center features six articles and five user guides. Terms and conditions apply to receive it for free as advertised, but all the information is fully transparent and easy to understand. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.
Technical support
However, profits can only be withdrawn to a bank account or a crypto wallet. Bank transfers are subject to a US$500 minimum threshold and incur fees in excess of US$30. Lime Fx supports the MetaTrader 4 platform, made popular through its support of trading robots. Lime Fx welcomes all trading styles, including hedging, scalping, and arbitrage, and places no restrictions on your use of Expert Advisors. limefx official site Here is a screenshot of the Lime Fx quotes during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads. Honestly, I was having a lot of doubts before I started working with this brokerage company because I have not heard a lot about them.
Frequently Asked Questions
The swift online application at Lime Fx requires a name and e-mail. Clients may also use their Facebook or Google accounts to open an account. Since Lime Fx is a regulated and fully compliant broker, new traders must pass account verification per AML/KYC stipulations. A copy of the ID and one proof of residency documents usually satisfies this final step.
The overall trading environment at Lime Fx features a low cost structure and competitive asset selection, . Lime Fx lacks more trading tools, like CFDs on stocks for example, which became so popular recent days. Customer support is available 24/5 via e-mail, webform, phone, fax, and live chat. The FAQ section answers many of the most common questions, and Lime Fx is transparent about its products and services.
Is Lime Fx A Regulated Broker?
In the vast landscape of forex brokers, Lime Fx has established itself as a prominent player, known for its commitment to transparency, advanced technology, and a client-centric approach. In this comprehensive review, we’ll delve into the key features, trading conditions, and overall user experience that define Lime Fx as a brokerage choice for traders seeking precision in the forex markets. Lime Fx supports the top MT4 trading platform and mobile app.
Not only can you select from a wide range of charting tools and technical indicators with this app, but you also get real time market pricing. Apps for both iOS and Android mobile devices are available. Tight dealing spreads lower your overall trading costs and can significantly improve your trading results, especially if you are an active trader. Lime Fx has unusually competitive dealing spreads that you can gauge by opening a free demo account.