We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Dear Siyabong,Thank you for your feedback 😃 We’re glad you find the Lime Fx trading app simple and easy to use 🙌 Our goal is to make trading as smooth and straightforward as possible.Lime Fx Team 🚀BIG. Fast payouts and responses and thanks to the best affiliate manager Sanja. I just like the user experience, the support help, no problem with payments…
Great experience!
- Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team.
- As a new client of Lime Fx, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Lime Fx in your region.
- Whether you’re travelling, commuting, or simply prefer trading via mobile, the Lime Fx App offers full control of your account and 24/7 access to global markets.
- Its technology minimizes slippage and ensures traders implement strategies exactly as planned, giving them confidence in execution across market conditions.
- Yes, Lime Fx offers a demo account that allows traders to practice and familiarize themselves with the platform without risking real money.
It brings together essential features from MT4/MT5 along with full account management, all within a user-friendly interface. To delete your Lime Fx account, you need to contact Lime Fx’s customer support and request account closure. Lime Fx charges an inactivity fee if an account remains inactive for twelve months. In this case, a one-time account maintenance fee of 15 USD (or the equivalent in another currency) is charged, followed by a monthly fee of 5 USD for each month of inactivity. The broker reserves the right to change the inactivity period at its discretion, making it essential to regularly monitor the account status. Here is a table of average spreads and swaps for major currency pairs on Lime Fx’s Standard account.
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It really works with the ultra low account, OK spreads and good reaction from the customer service team. I think I am going to recommend the broekr to my trading friends to let them save on fees and see market updates without a problem. For traders, the ability to move funds quickly, safely, and without hidden fees is critical. Lime Fx delivers a seamless experience with rapid deposits and near-instant withdrawals — all at no cost.
Compared to rival brokers, Lime Fx charges inactivity fees very quickly, however not as expensive as other brokers. Brokers generally want you to keep trading, so when an account becomes inactive, they may start charging inactivity fees. These need to be measured by how long your account can remain dormant before being charged a fee, and, secondly, by how high the fee is. We believe that Lime Fx scores poorly on the length of the dormant period allowed, but scores well on cost. Signing up to join Lime Fx is fairly quick (in under 15 minutes) whilst the account verification can take 24 hours. Furthermore, there are other notable countries, such as Canada, Japan, and China, where traders limefx company reviews are restricted from trading with Lime Fx.
Lime Fx’s MT5 platform is ideal for multi-asset trading, offering the same core functionalities as MT4 while introducing additional CFDs on stocks, indices, and commodities. With advanced charting tools, improved order execution speeds, and support for both hedging and netting, MT5 is a great option for traders seeking a more comprehensive platform. For traders looking for a more advanced trading platform, MetaTrader 5 (MT5) offers additional features beyond MT4. Designed to support a wider range of assets, MT5 includes expanded timeframes, more technical indicators, and a built-in economic calendar to keep traders informed about market-moving events.
Lime Fx’s educational content is extensive and varied, providing all the necessary tools for successful trading in the financial markets. The Lime Fx VPS service is provided on favorable terms as part of a promotion. Clients with a balance of at least $500 and a trading volume of at least 2 standard lots or 200 micro-lots per month can connect to VPS for free.
It is, therefore, unsuitable for those who lack proficiency and sufficient experience. For traders outside Europe and under the Lime Fx Global entity, there are bonuses available. Given the demo account has an unlimited duration, this is one way of persuading traders onto the live platform. Dealing desk brokers can manage the risk of their clients’ trades in two ways.
This bonus model limefx official site is especially advantageous for traders with small to medium accounts, offering additional capital and rewards for loyalty. One of Lime Fx’s key value offerings is its broad selection of deposit and no-deposit bonuses, which provide added flexibility and increased capital for trading. These incentives can help support trade volume and potentially reduce the chance of a stop-out.
- Most of them are open for eight hours continuously on weekdays, which is extremely impressive.
- Clients only need to navigate through a couple of web screens where they submit a few details and choose the type of account they want to sign up for.
- Overall, Lime Fx’s fees is considered moderately competitive with Ultra Low account but high with Standard & Micro Accounts.
- They earn from spread variations influenced by market conditions, liquidity, and currency pairs.
Everything else is the same as Micro lot (even the spread), the only difference is that you can trade standard, mini & micro lots. They claim on their website that Lime Fx Global Limited (IFSC) is the product provider, meaning this entity is the market maker, and their local entity is only an intermediary. Their foreign entity takes the opposing sides of all your trades (they are a market maker). In fact, Lime Fx prides itself on having over 10,000,000 clients from 190 countries and over 2,400,000,000 trades executed with zero requotes, or rejections, ever. We end this section on fees by looking at incidental transaction fees, occurring through non-trading processes.
Traders in any questionable country should check Lime Fx’s legal “Contact Us” disclosures or official terms to confirm eligibility. These videos are free, well-structured, and constantly updated, ensuring that even clients in remote or mobile-first regions have 24/7 access to quality training. For traders using Expert Advisors (EAs), or trading the news, this level of funding responsiveness is critical.