.jpg)
Yet, if you still prefer to use high leverage, the international entity of Lime Fx Leverage still allows so. Since the regulation demands strict follow of Forex business operations management, it is considered safe to open an account either with Cyprus, South Africa or an international Lime Fx entity. However, the payments we receive can influence the products, companies, or services we highlight and evaluate. This means not every available option may be featured on this page.
Lime FxFX has built a solid reputation in the forex/CFD trading space. Whilst the range of instruments available to trade is somewhat limited in comparison to other brokers, there are quite a few innovative features that help them stand out from the crowd in other ways. Robo and copy trading, in limefx courses scam particular, are both areas where they appear to be aiming to gain an advantage over the rest of the market. Managing risk is of course a vital element for any forex trader and broker combination. Lime FxFX utilizes all of the tools that are in place with your trading platform to help you to do this.
- MetaTrader4 provides a minimalist yet sophisticated service which caters for beginner to advanced traders and also allows user profiles to be set up to carry out Islamic Trading.
- In addition to the markets offered, as an Lime FxFX trader, it is likely that you may come across some of these extra products that the broker makes available depending on your location.
- The broker has been in business since 2010 and has a strong reputation.
- The broker’s range of forex trading products is limited to MT4, MT5, and Lime FxTrader but still provides a service to every trading style thanks to the MetaTrader options.
- Withdrawing from my account was also fast, according to my account manager each withdrawal takes roughly 2 hours to get approved.
- ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry.
Testing Lime Fx’s Customer Support
Lime FxFX Islamic accounts are available quickly and conveniently where needed by simply clicking “swap-free” when you open a new account. If you need an Lime FxFX Islamic account, then these are also available. Here will have an account that is totally Sharia law compliant and benefit from the award-winning service of Lime FxFX in the area. Until recently, the broker had also been regulated by the FCA, however Lime FxFX decided to voluntarily suspend their regulation here due to Brexit until the future situation of the UK becomes clearer. For those reasons, our team here at Investingoal is happy to recommend Lime FxFX as a top choice for scalping.
Minimum Deposit
These apps offer full trading capabilities, interactive charts, and technical analysis tools on the go. limefx website Developed using programming language MQL5, MetaTrader 5 allows Black Box Programming, which makes it a viable choice for developers and users of trading robots. Trading robots are applications used for trade account management. They analyse quotes from financial instruments allowing traders to execute the most profitable trades. Thousands of these indicators can be downloaded for free on the MQL5 code base. Web and mobile trading platform Lime FxTrader enables you to diversify and upgrade your trading.
deposit bonus
.jpg)
Overall, Lime Fx has streamlined the deposit and withdrawal process, making it convenient and efficient, without imposing any extra fees. These trader-friendly policies lead to Lime Fx receiving a top rating for its deposit and withdrawal procedures. The entire process can be completed quickly, often within a day, provided the necessary documents are readily available. Lime Fx doesn’t require a minimum deposit to open an account, a notable point in their favor.
MetaTrader 4 trade execution modes
Users can decide to view prices of their chosen trading instruments in advanced mode, showing its spread and daily highs or in simple mode without the extra information. The trading interface of the mobile app is quite basic, yet it is functional. It is divided into quotes; market data, chart, trade and history. Its charting allows users to do analysis just as with a desktop. Its only limitation to client is its small screen resolution, hence, making deep technical analysis somewhat difficult. This broker charges no fees on currency conversion during deposits and withdrawals.
The company’s educational library is well maintained and offers rich learning resources that includes webinars, articles, platform tutorial videos and a video course. With a fine landing page, users are allowed to edit profiles, manage account settings and process withdrawals. Offering 10+ market indices, Lime FxFx Index trading tries to set up clients for a new experience with an exposure to a broader market. Clients can maximize the opportunity stemming from an availability of popular indices, inclusive of NASDAQ, Nikkei, Euro Stoxx 50 and others. Lime Fx’s market research is well organized and varied in its content. Rather than specializing in any one field, Lime Fx provides a wide assortment of content types.
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. The Lime FxTrader has the least options for technical analysis too with 19 indicators, 11 drawing tools, and 7 timeframes.
Market Analysis Tools
- The only exceptions here may be in the case of your deposit not matching the base currency on your account, you would then have to pay a conversion fee.
- The MT4 platform offers the highest security standards to protect traders’ funds.
- If you are outside the EU, then you will have access to the MT4 Micro account type.
- This broker charges no fees on currency conversion during deposits and withdrawals.
- Lime Fx minimum deposit is $25 allowing you to open an account and start trading.
- For experienced traders, or beginners looking to develop further, Lime Fx also provides resources to learn 12 trading strategies including chart patterns like wedges and candlesticks like the hammer.
The account opening is easy to follow, trading conditions are good, along with the platform selection and a range of instruments offered. On Lime FxFx, customers can withdraw funds from their trading accounts using the same ways they deposited. To withdraw funds, customers’ free margin has to exceed the withdrawal amount, then they have to complete the verification process and get their accounts verified. The broker claims to process all withdrawal requests received within 1-3 hours. Depending on the withdrawal method used, the minimum withdrawal amount is $5. However, customers can withdraw as many times as they wish and withdrawal is free.
In this Lime Fx Review, I’ll go through my findings helping you decide if Lime Fx is a broker you should consider. 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.
