Lime FxFX Review 2024 Fees, Platforms, Apps, Pros & Cons

DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. If you have experience trading with Lime FxFX please share your personal review of the broker and what you think are strong and weak points. This average customer rating is based on 1 Lime FxFX customer reviews submitted by our visitors.

What extra trading services does Lime FxFX offer?

Paper trading accounts are a great way to practice investment strategies risk-free and learn platform terminal features and tools. When we used the Lime FxFX app, it was easy to integrate an existing MetaTrader profile into the branded app. You can set SMS price alerts and app notifications of market movers.

Lime FxFX Currency Conversion Fees

In the case of a credit card funding, you will be refunded the initial deposit amount. If there are any profits that are above this funding level then you will have to receive this through another method such as e-wallet or bank wire. Withdrawals are just as simple and all that you need to do is to head to your “withdraw” section in your account. Before you can request a withdrawal make sure that your free margin exceeds the withdrawal amount.

How to trade on Lime Fx Demo account?

During this period you will be featured on a leaderboard for your virtual trades with the aim to reach the top where real prizes of up to $1,000 withdrawable money on MT4. This means you can open positions with as little as $1,000 scammed by limefx and this amount can be further reduced if you are trading on leverage. The minimum order size you can expect when trading with Lime FxFX is 1 micro lot. This is the same as 0.01 standard lots, or equal to $1,000 in cash value.

Free educational materials

MT4, MT5, and Lime FxTrader users can earn rebates ranging from $4.80 to $8 per lot, regardless of trading results. Yes, Lime FxFX occasionally hosts webinars and offers online courses to help traders improve their trading skills. The CopyTrade App completes the picture by focusing solely on social trading. The app’s AI-based recommendation system, which suggests Masters to follow based on a user’s trading style and risk tolerance, is what sets it apart.

Year-on-year progress through constantly improving trading conditions

We appreciate your input as it helps us improve our services to better meet the needs of our valued clients.We are delighted to hear that you found our deposit and withdrawal procedures to be efficient and swift. Should you have any further suggestions or queries, please do not hesitate to reach out to our customer support team via live chat or email. Dear Lezidih,We greatly appreciate your positive review; knowing that you find our platform easy to use brings us immense joy. Your satisfaction is our priority, and your feedback motivates us to continually improve our services. Our finance department typically processes payments promptly, and we are keen to investigate this matter further.

  1. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).
  2. 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.
  3. It would be useful to be able to sort the columns from highest to lowest, but that feature is not yet available when looking at the Master Rating results page.
  4. Lime Fx Markets Cyprus Ltd does not offer its services to residents of the USA, Canada, Belgium, and the UK, as well as other jurisdictions outside the European Union.
  5. Dear Roland B.,Thank you for your feedback and for sharing your experience with our Lime Fx Trading platform.

Lime FxFX Free forex signals

Lime Fx does have a proprietary app for social copy trading (the Lime Fx Copytrading app), yet it still trails behind industry leaders such as IG and Saxo. Check out my picks for the best mobile trading apps in the industry. Lime Fx (formerly Lime FxFX) offers a basic, low-cost MetaTrader platform experience alongside its proprietary web and social copy-trading platform. We offer convenient portfolio management, transparent trading conditions, helpful educational materials, and easy-to-use service where nothing distracts you from making a profit. Every year we improve our conditions to make your trading journey easier.

Copy trading is a way to make trading more accessible by copying trade positions. Moreover, you do not need trading experience for copy trading, so even novice traders can participate without incurring losses and risks. Trading with a reliable broker is important for traders to be shielded from potential risks and challenges.

With a fine landing page, users are allowed to edit profiles, manage account settings and process withdrawals. They are fees necessary for trading, which users must  pay before or during trading. For this reason, Lime FxFX is one of the better choices if you require a Sharia-compliant Islamic trading account.

Thank you for taking the time to share your feedback regarding your recent experience with our trading company. Founded in 2011, Lime FxFX provide a fantastic selection of use-friendly yet powerful platforms for trading forex and CFD instruments with very competitive costs. You can choose from a decent variety of versatile account types, each designed specifically for different types of trader. I like how they operate as an ECN broker as this means they can deliver superior trading conditions which can be important especially for those who are day trading and using scalping strategies. The broker has some useful trading tools, educational resources and a prompt customer support team on hand to assist you as and when needed. Overall, I think they can be a good choice of broker for beginners or active traders who are looking for robust trading conditions in a regulated environment.

With this, the broker guarantees segregated client funds and negative balance protection. Both platforms are compatible with several languages, including English, Arabic and Hindi. When we used Lime FxFX’s trading terminals, the new order process was similar and relatively straightforward. Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).

They can go as low as $25 (USD) when funding with Visa/Mastercard, to 50 euros (EUR) when using Skrill/Neteller to as much as 500,000 Indian rupees (INR). It’s important to note that minimum deposits and trading costs will also depend on which Lime Fx entity you choose for establishing your trading account. The security of your funds – in terms of regulatory protection – will depend on which Lime Fx entity holds your account, and which –if any – relevant regulations provide customer protections.

We found the trading platforms offered by Lime FxFX to be sufficient. As long as a broker has MT4 and MT5 it should be more than enough for most retail traders. Lime FxFX’s award winning customer support team is available 24 hours a day from Monday to Friday. Customer support is provided via online chat, telephone and email in English, Indonesian, Malay, Thai, Hindi, Urdu.

That being said, there isn’t much educational content for learning how to trade or understand market dynamics. It’s worth mentioning that the broker does have a blog https://limefx.name/ and a YouTube channel, yet I was still left wanting more. Fee table see below, also always consider other than trading fees like funding fees and inactivity.

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