With an impressive collection of over 2500 reviews on Trustpilot, boasting a score of 4.2, it’s clear that Rational FX has built a reputation for providing reliable and unbiased information. The live chat option is particularly popular, as it allows users to get immediate answers to their queries. It is also beneficial to beginners as they are often recommended to start trading in small sizes – this can help to build a degree of risk management. Lime Fx clients who access the MQL5 and Expert Advisors networks can set up their account to take on trading signals from 1,000s of other MT traders. It’s possible to analyse and evaluate the profiles of traders who are looking to be copied and the connection to copy trades can be broken at the copying trader’s discretion. Alternatively algorithmic trading models can be downloaded, some for no charge and accounts ran using the code within those models.
and 20% deposit bonus up to $5,000 (t&c apply)*
The average spread on this account is lower than the market average other brokers offer. In terms of research, Lime Fx offers its clients access to technical analysis tools, an economic calendar, and a section dedicated to research and education alone. One downside is that they do not have fundamental data for those who may need it. It might be useful to consider that you could have to opt for third-party sources if you need fundamental data to make trades work. We are aware of some negative reviews regarding spread widening and larger-than-expected slippage. Additionally, internet issues in regions with intermittent or subpar coverage can also contribute to these challenges.
- This is unlike any other account type offered by the broker, where the minimum deposit to open the account is just $5.
- The live chat option is particularly popular, as it allows users to get immediate answers to their queries.
- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
- Lime Fx Group is considered one of the market brokers with the most extensive experience and in-depth knowledge of the global financial market.
- This app is your trading companion, allowing seamless access to over 1000 instruments, instant order executions, and real-time market insights.
The broker offers CFD markets in more than 1,200 financial instruments including Forex Trading, Stock, Commodities, Equity Indices, Precious Metals and Energies. For traders who wish to experience Lime Fx’s trading platforms and conditions without risking real funds, Lime Fx offers a Demo Account with a virtual balance of $100,000. The demo account is available with an unlimited duration, allowing users to practice their strategies and familiarize themselves with trading tools for as long as they need. This feature is invaluable for beginners or for seasoned traders wanting to test new approaches in a risk-free environment.
MT5 for Tablet and Mobile
This is particularly important in volatile markets where price movements can be rapid. Though Lime Fx is a highly trusted and regulated forex and CFD broker, it has its strengths and weaknesses. In this review, we will take an in-depth look at Lime Fx, exploring its features, pros, cons, and more. By reading this review, you will gain a better understanding of whether Lime Fx is the right broker for your trading needs and preferences. Lime Fx offers its clients everything they need to trade and a chance to improve their chances of success. Whether you are new to online trading or trying out a new broker the educational materials found at Lime Fx are worth checking out.
Lime Fx is a multiple award-winning broker that allows its clients to trade forex, CFDs, and real stocks on its MetaTrader platforms. Founded in 2009, Lime Fx has over 1000 trading instruments and multiple account types which are designed for newbies, and experienced and professional traders. Trading tools are also provided to assist the traders with market analyses. At FXStreet, we aim to provide our readers an honest and impartial look at certain brokers that you might be interested in trying. Lime Fx offers a modern and easy-to-use trading platform that works well for traders at all levels. The layout is straightforward, making it easy for beginners and experienced traders to find their way around.
There are pre-recorded videos for the traders who need to get more training about how to trade. Additionally, Lime Fx provides over 20 equity index CFDs, 5 commodity CFDs, and futures CFDs on various assets, including precious metals and energy markets. For more experienced traders, the Zero accounts offer commission-based trading with lower spreads. Lime Fx stands out for its commitment to trader education, offering free webinars, research materials, and analysis tools to support informed trading decisions. The broker’s extensive educational resources are particularly beneficial for those looking to enhance their trading knowledge and skills.
SOCIAL TRADING & COPY TRADING
To put it simply, this account was created with different types of traders in mind. Whether you are looking for ways to start trading with huge amounts of money, or you want to find a way to limit your losses, the standard account can be a great fit. The Micro account can be especially useful for those who have just finished training with the demo account. While an Lime Fx demo account can be a great choice for traders to learn more about the market, it can’t be used to learn how to control your emotions when trading.
Being regulated by highly-reputable agencies, Lime Fx is known for being a highly secure and safe broker. First, you can do so through the live chat available on the website of the broker. The second option is to send the customer support team an email, and the third option is directly calling the customer support hotline. The fees and commissions charged by the broker are quite competitive when compared to other Forex brokers. While the Forex spreads might be a bit higher when compared to other brokerages, everything is still very much in line with general market standards.
Lime Fx MT4 & MT5 App: Trade Anywhere, Anytime
- Lime Fx offers diverse financial instruments and is known for competitive trading conditions.
- The Lime Fx Standard Account is a versatile option offering access to all trading instruments with zero commission.
- This account type is designed and created specifically for those who follow the beliefs of Islam.
- A Forex trading app is a mini version of a full-fledged trading platform on your smartphone.
- Lime Fx review details show that they have a 0% policy on deposits and withdrawals.
Lime Fx offers instant, or same-day, withdrawals with no fees for verified and connected accounts. Withdrawals via bank wire, credit, or debit card usually take 2-5 business days. Here is a comparison of top Forex brokers, including IC Markets, Pepperstone, Exness, Forex.com, OANDA, and more, based on key features to help Forex traders find the best fit. A strong choice for US traders with global access, due to its NFA and CFTC regulation, which provides solid regulation, multiple platforms, and competitive pricing. Traders looking for forex brokers accepting M-Pesa and MTN mobile money https://limefx.name/ or Airtel money will love Lime Fx.
The list of the best forex trading apps in South Africa may help narrow down the choices. The app lets you trade Forex, commodities, and indices with some gorgeous features, such as dealCancellation, which permits users to reverse losing trades within a specified time frame. Known for its competitive spreads and user-friendly interface, JustMarkets caters to beginner and experienced traders. At Lime Fx, a variety of popular deposit and withdrawal methods are available. The processing time for a withdrawal request is one business day, which is the standard. However, it should be noted that cryptocurrencies are not included in the list of available methods, which may limit options for some traders.
Known for its reliability and user-friendly interface, MT4 is equipped with a range of technical indicators, charting tools, and automated trading capabilities through Expert Advisors (EAs). Lime Fx provides traders with access to 58 cryptocurrency CFDs, allowing speculation on some of the most popular digital assets, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). While availability may differ depending on your location, Lime Fx ensures a seamless trading experience for those interested in this highly volatile and dynamic market. Lime Fx offers CFDs on 14 global stock indices, including well-known indices such as the S&P 500, FTSE 100, NASDAQ 100, and DAX 30. While these indices cover all the major markets, the selection is somewhat limited compared to other brokers that typically offer between 15 to 20 indices.
Using the same email address for all your additional accounts is always essential. This is so you can manage all the accounts from the same area in the client portal/Members Area. If you want to have a fresh start, you can open a new account with another email address, using the same credentials for identity and address. Leverage at Lime Fx varies based on the regulatory jurisdiction of your account and the type of instrument you are trading. Reduce your costs with low spreads and even lower swap fees and commissions. Open an account today to access fair conditions and get everything you need to achieve your trading goals.
This type of fee on Lime Fx is charged when your account remains inactive for a certain amount of time. This means that if there has not been any trading activity recorded on your account for over a year, you will be liable to pay this fee. During the registration process, one of the questions is which trading platform you want to use. But, in case you have changed your mind, you can contact the representatives of the broker and use a different one.
Whether it’s Stock CFDs, Forex, or CFDs on Energies, it offers an extensive range of instruments, assuring an immersive trading experience. The micro and standard accounts attract high spreads compared to the other brokers I trade with. Established in 2009, Lime Fx has managed to become one of the leading Forex brokers in the world in just a decade.
Once you are satisfied with the trading conditions of the broker, you may proceed with real trading. On certain account types, spreads limefx courses scam can start as low as 0.0 pips, particularly benefiting traders who employ strategies like scalping or high-frequency trading. With features like advanced charting tools, educational resources, and 24/7 customer support, JustMarkets aims to provide a comprehensive trading experience. Lime Fx offers various educational resources to help novice and experienced traders improve their skills and understanding of the market.
The competitive pricing is also backed up by clients being offered a free VPS and the behind the scenes infrastructure ensures the execution is fast and reliable. 99.35% of all trades are executed in less than one second and there is a strict ‘no re-quotes’ policy and no virtual dealer plug-ins. That is a healthy number and means even the most discerning trader will be likely to find the market they want to trade.
You will also have to be prepared to offer proof of identity and proof of address. Submit a copy of your ID, passport, or other official documentation that’s accepted as proof of identification. For the address, submit a bank statement or other official documents that detail where you live. Lime Fx has received various awards over the years from different organizations, reinforcing its reputation as a notable broker in the financial industry. Lime Fx clients from European Economic Area (EEA) countries are provided with investor protection of up to €20,000 through CySEC.
