With the Lime Fx MetaTrader 4 & MetaTrader 5 online WebTrader, trading becomes highly flexible. You can simply trade from a browser of your choice, on your preferred device with no OS preference (Windows or Mac), without the need to download additional software. I like the broker’s communication and sincerity, they have never lied to me and got me in trouble for withdrawals or anything else.
Tools
The application grants access to a clean back-office, from where traders can manage all their trading accounts and financial transactions. Account verification remains mandatory but a swift process at Lime Fx. Most traders will satisfy AML/KYC requirements by submitting a copy of their ID along with one proof of residency document.
- From their competitive trading conditions to their exceptional support, they continue to exceed my expectations as a trader.
- Whether you prefer MT4, MT5, or IRESS, they have a solution that fits your needs perfectly.
- Lime Fx Copy Trading allows you to find, follow and copy successful traders automatically.
- They offer negative balance protection which ensures that clients cannot lose more than their account balance.
Customer Service and Support
They serve as a step-by-step guide limefx broker reviews for those who want to learn to trade using the world’s most popular foreign exchange trading platform. Lime Fx helps money managers plan profit and loss goals on a per-account basis, based on open trade conditions. Easily withdraw or deposit funds in and out of MAM/PAMM accounts without disrupting trading activity.
An extensive number of features provide traders with all the tools required to effectively implement their trading plan. One of FP Market’s plus points is the number of trading platforms it offers to customers. You can choose from industry-standard MetaTrader 4 & 5, as well as Iress, and WebTrader. The app is also useful for on-the-go trading and is available on both iOS and Android. The main standout feature of Lime Fx is its tradable instruments along with its MT4 account.
Available Assets at Lime Fx
Lime Fx is one of the brokers with competitive and tight spreads. The spreads are susceptible to many factors including market conditions. The minimum spread on forex and commodities is 0.0 pips while on the GILT bond, it is 0.0 pips. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. For share CFD traders in Australia, Lime Fx provides Iress ViewPoint accounts, which include Standard (AUD 1,000 minimum deposit), Platinum (AUD 25,000), and Premier (AUD 50,000).
Pros, Cons and Key Trading Features
Alongside an MT4 account, this broker also offers access to their IRESS platform. Overall, I believe Lime Fx is a good choice for advanced, high-volume traders, thanks to the advanced features available. This includes Direct Market Access to specific trading instruments, a VPS option, and EAs (Expert Advisors). “Lime Fx” proves its legitimacy in its reputation and credibility through its products and services.
Traders like the desktop trading platform for its simplicity and raw prices that it offers in real-time with no third-party involvement. Some of the features of the MT5 desktop trading platform are as follows. Market orders, limit orders, stop-loss orders, and trailing stop-loss orders are available. Traders also have the option to apply time-in-force conditions such as Good-Til-Canceled (GTC). The platform also features powerful tools like screeners for both shares and forex pairs, heatmaps, cloud-based trading alerts, and news feeds with stories from Reuters and Dow Jones.
The texts on this page are not are not investment recommendations. Capital.com is, in our opinion, one of the best brokers for beginners, thanks to a huge educational section, a beginner-friendly platform, and great dedicated support. The minimum trading amount on capital.com are slightly higher, but on the other hand, they have more than 3,000 assets to choose from. Learn more about capital.com and dedicated yourself to which broker is better for you. Flexibility is one of the advantages of Lime Fx in terms of payment service.
I appreciate Lime Fx’ competitive spreads and quick withdrawals. You can fund or withdraw using multiple methods, including credit/debit cards, bank wire transfers, e-wallets like Neteller and Skrill, and cryptocurrencies. Most deposits are instant for MT4/MT5 accounts, and withdrawals typically process within 1–5 business days, depending on the method. With low entry barriers and robust trading conditions, Lime Fx excels in offering flexible and trader-focused pricing models. Traders pay only the applicable spread and/or commission based on the account type, with no hidden fees on trades.
Lime Fx’ trading platforms are designed to support efficient trading with competitive spreads, enabling traders to effectively capitalize on market opportunities. The combination of a robust trading infrastructure and comprehensive educational resources creates an enhanced trading experience that accommodates traders at various skill levels. Lime Fx caters to desktop users by offering trading software compatible with both Windows and Mac operating systems. Windows users can download the desktop platform, while Mac users can access it through web-based solutions.
- The Economic Calendar is an essential tool for planning trades and future orders.
- However, high-volume traders also benefit from the tiered loyalty program, which offers rebates and other features.
- The eligibility terms indicate that the new traders are eligible to get it and who have passed compliance and account opening requirements can also get it.
- However, they can remain active indefinitely as long as the account is regularly utilized.
- Lime Fx does not charge internal withdrawal fees, although blockchain or third-party bank fees may apply.
- An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
In conclusion, Lime Fx’ commitment to educating traders is commendable. By expanding content, improving organization, and diversifying formats, the broker can continue to empower traders with knowledge, setting itself on par with industry leaders. Traders should be aware of currency conversion fees when trading assets in a different currency. Lime Fx earns a top-notch rating in trust and safety due to its extensive regulation, comprehensive fraud prevention measures, and stringent client fund security protocols. Traders can have confidence in the broker’s commitment to maintaining a secure and trustworthy trading environment.
CFDs
Fees and costs vary with Lime Fx, whether you choose a Forex Account (Standard Account/Raw Account) or IRESS Account. For Forex traders, a Standard account requires a minimum deposit is $100 (AUD or equivalent). With this account, spreads are offered from 1.0 pip with no commission. For the Raw account, the minimum deposit is also $100 (AUD or equivalent). However, spreads are offered from no minimum but a fee of $3.50 AUD per lot per trade. Reputation and credibility in trading vary in the products and services offered and executed by an online broker.
Importantly, withdrawals must be returned via the same methods used for deposits, in the same order, before profits can be withdrawn through alternate channels. Versus, comparison pages of alternative online https://limefx.vip/ brokers to Lime Fx are listed below. These educational resources are accessible through the Lime Fx website.