In our tests for the Trust category, we also cover factors relating to stability and financial strength. Here, we focus on how long the broker has been in business, what is the company size, and how transparent the broker overall. With this knowledge, we created our platform to help you make money through smart and well-controlled investments.

In over 96% of cases, our queries were processed to the point of satisfaction on the first interaction. We would also support the site’s claim that full resolution was achieved within three minutes. Lime Fx provides more information about its operational risk management than it does about its regulatory framework. One suggested improvement is for the site to be more transparent when sharing information regarding regulatory client protection.

Broker Fees and Commissions

The Lime Fx Status Program allows traders to unlock various benefits based on their trading account balance. Benefits include lower spreads, faster transfer and withdrawal times, access to personal account experts, and various rewards based on their trading activity. For every standard lot traded, you earn prize lots, which can be redeemed for items like T-shirts, gadgets, or even a MacBook. Higher account statuses (Silver, Gold, Platinum) help you earn prize lots faster. To keep your prize lots active, you must trade at least once every 30 days. The floating spreads for currency pairs involving the yen ranged from 1.9 to 2.6 pips, while major pairs (excluding EUR/USD) average around 1.5 pips.

Trading Instruments

MT4 and MT5 are the gold standards when it concerns automated trading solutions. To access the full range of the broker’s offerings and functionality, clients can use any of the 3 trading platforms that limefx official site are available as apps for mobile and on the web. Both iOS and Android versions of the trading platforms are also available for on-the-go traders. Established in 2011 and located in London, Lime Fx is a forex broker that renders its services to users worldwide.

Account Types and Benefits

I think Lime Fx is a solid option as it provides excellent features that I think will appeal to a variety of traders. Firstly, Lime Fx uses ECN technology so you get excellent execution speeds with tight spreads of 0.90 pips and is commission-free, which is rare for ECN brokers. 74% of clients give the broker a 5 star rating, cementing its place as one of the best forex brokers. On Lime Fx, customers can withdraw funds from their trading accounts using the same ways they deposited.

The number of markets is also different across the platforms, but none of them offers a https://limefx.club/ range of instruments that could in any way be called excessive. It is possible to trade forex, metals, soft commodities, single stocks, indices, energies and a choice of five cryptocurrencies. The MT4 account demonstrates the limited selection by only offering four stock indices (AUS200, GER30, NAS100, US30). Forex pairs, metals, indices, energies and cryptos are all available, but traders looking for single stock names will be disappointed. With less than 100 instruments on offer, there is no space for the more complex instruments such as options found in the quieter corners of the financial markets.

• The simple interface of the program ensures quick navigation, which qualifies for both new and expert traders.
• Here you get exactly what you expect with a very robust and extremely powerful and also lightweight trading platform that can run on virtually any device.
• One of the key highlights for MetaTrader 4 I like is the option to automate your trades using Expert Advisors (EAs) which is allowed on your Lime Fx account.
• Lime Fx excelled in the category of fees, with tight spreads in CFDs on forex and shares.
• Lime Fx has improved its educational offering with webinars and live trading session recordings and expanded its educational articles and videos.

Lime FxTrader—it’s personal

• Although you can deposit with your local currency, it gets converted to USD regardless.
• Lime Fx’s trading environment is best for regular market participants for active traders.
• Lime Fx, a globally recognized online forex broker, was established in 2011 with its headquarters in St. Vincent and the Grenadines.
• After 324 reviews, Lime Fx holds a rating of 2.997 out of 5 stars on Forexpeacearmy.
• Customer service at Lime Fx is through live chat or a support email address, which is a slight letdown as I prefer when companies offer phone support for urgent questions.

Clients can maximize the opportunity stemming from an availability of popular indices, inclusive of  NASDAQ, Nikkei, Euro Stoxx 50 and others. The Lime Fx Champion offer is a contest run by the broker whereby you can open a demo account and trade for 4 weeks. The platform also provides for a wealth of more than 50 charting tools and indicators, and caters for auto and copy trading through its EA feature. 4 of these are available for trading through MT4 and this offering includes major indices from the EU, US, Australia, and Japan.

The broker is headquartered in New Zealand which explains why it has flown under the radar for a few years but it is a great broker that is now building a global following. The BlackBull Markets site is intuitive and easy to use, making it an ideal choice for beginners. Opening an account with Lime Fx is done online with a few simple steps which enable you to set up a real or demo account. The process also gives you plenty of information about trading in forex markets.

Withdrawal Options at Lime Fx

ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. Lime Fx (formerly Lime Fx) offers a basic, low-cost MetaTrader platform experience alongside its proprietary web and social copy-trading platform. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.

Lime Fx provides fully functional mobile trading apps for MT4, MT5, and Lime FxTrader that are available for both Android and iOS devices. These apps offer full trading capabilities, interactive charts, and technical analysis tools on the go. The “TradingFinder” platform offers various services, some of which, like introductions, are free, while others, such as our specialized services, are provided for a fee or through a subscription. We generate income through various methods, which helps us convey facts transparently and not write biased content due to “broker sponsorships,” “commissions from financial companies,” and “advertisements.” When we tried the customer support service offered by the broker, we realised that it offers prompt-based chat support and does not allow users to ask questions directly. Although the response is instant, the broker lacks a personal touch in customer support, you can opt for SmartSTP broker to get better and personalized customer support.

The broker takes advantage of some of its clients being domiciled in regions that still permit promotions, and those clients can benefit from a range of offers. A wide variety of educational content is available for Lime Fx users under the ‘Traders’ Tools’ section. Lime Fx is as confident about its financing costs as it is its execution fees. The breakdown across the two different types of accounts is laid out in a reassuringly transparent manner. Lime Fx is so confident about its pricing that there is a section of its homepage dedicated to sharing the live spread on some major forex pairs. The MT5 account offers a wider range of markets than the MT4 account and there are no swaps.

Deposit Fees

I presonally chose the second option that works with mt5, as the platform is more suitable for me. Lime Fx has good educational and training tools for beginners as well as expert traders. According to data, traders using Lime Fx’s educational content tend to make a larger profit which is indeed a benefit. Lime Fx research upholds elite-level online training & education quality that is grounded firmly on empirical and social science. The broker’s focus on providing comprehensive education, assuring its client’s best understanding of the market, has resulted in two ‘Best Education Broker 2023’ awards from Forexing.com and Holiston Media.

The spreads here start at an extremely competitive 0 pips with $5 per side per lot of commission, or from as low as 0.2 pips with no commission depending on your account type. The Lime Fx Masters fee is applied if you are copy trading with the broker. This is the commission fee charged by the Master (Signal Provider) whose trade you are copying, and it is up to the individual provider how much this fee will be. When it comes to spreads and commissions, Lime Fx works both with floating and fixed spreads. The floating spreads can start from 0 pips depending on your account type.