Lime Fx reviews

The Analytics in 3 Minutes series focuses on the US dollar and covers major market themes such as central bank policy. Head of Analytics Tim Deev does a good job of explaining key economic data and major support and resistance levels. Lime Fx provides a steady flow of market-moving stories via the FXStreet Newswire published on the website.

Limited Availability in Some Countries

Verification of My Trade conducts regular audits certifying adherence to best execution standards with audit findings publicly accessible for transparency. All information presented on TopBrokers.com website, including charts, quotes and financial analysis, is informational and doesn’t imply direct instructions for investing. To see the full broker review click “See review”, to see the complete table and compare more brokers visit our Comparison page. Overall, AMarket is a reliable choice and despite its limited reach in terms of territories, it does have many happy customers.

Trading platforms of Lime Fx

Lime Fx reviews

By opting for Lime Fx, you are choosing a trading partner that is devoted to offering not just a platform but an enriching trading journey. The in-house mobile app offered by Lime Fx provides the convenience of trading on the go. The seamlessly integrated app enables users to access market information easily, live price charts, and execute trades. Lime Fx provides MetaTrader 5, the latest upgrade in trading technology.

Lime Fx reviews

Why Choose Lime Fx?

There is no need to download or install any software as trades are copied automatically in the web-based platform. Traders pay a set percentage of profits for the right to copy a strategy. All standard order types are available, including limefx forex broker market, limit, and stop-loss orders. Traders also have the option to apply time-in-force conditions such as Good-Til-Canceled (GTC).

There is a decent amount of trading instruments with flexible trading platforms, trading apps and account types for different levels limefx website of traders. They also offer a selection of useful trading tools and educational materials to assist traders with making informed trading decisions. There are copy trading solutions for those who may not have the time to trade by themselves. Despite the many positives, I think they are let down by a lack of top-tier regulation. If this matters to you, please feel free to search for an alternative in our broker ratings. Otherwise, you could try an Lime Fx demo account to see if they live up to your expectations.

There is a registration form that requires some personal information and you’ll need to verify your identity. This is a standard procedure and you will be asked for some documents as proof of who you are. Once the account is verified, simply deposit some money via bank transfer, card, or e-wallet. There is no use in rushing the process as it will only lead toward the wrong decision.

  • Competitive trading conditions are available via the ECN account type, allowing active traders to keep costs to a minimum.
  • To fully assess Lime Fx, it’s important to look at their pros and cons.
  • Its journey, spanning over a decade, has been marked by a relentless pursuit of service excellence and innovation.
  • Additionally, traders who are comfortable with high risk will enjoy the leverage amounts.
  • While this is a positive aspect, it can work in the opposite direction too.
  • We will discuss this further customer reviews section but the lack of educational materials is a sticking point.
  • Pros can use the Demo account to test their trading strategies before applying them to real markets.

Forex Broker Reviews

  • We have talked about the pros and cons, pricing, customer reviews, and main features.
  • Although we can see where the offshore entities are registered and licensed, it is not clear where the company is headquartered.
  • Some features and services may vary depending on where you reside.
  • Lime Fx’ emphasis on innovation and a commitment to providing exceptional trading experiences has helped it maintain its position as a top option for CFD and FX traders throughout the globe.
  • Lime Fx offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for desktop, web and mobile (iOS & Android).

In terms of regulatory oversight, there is little to none, as all three entities of this broker are based offshore. Client funds are held separately from the company’s operating accounts. We performed tests with a Standard account using the MetaTrader 5 desktop/web platforms and the MetaTrader 5 mobile app. We opened accounts with the Lime Fx LTD entity of Lime Fx, supervised by the Mwali International Services Authority (MlSA). Some features and services may vary depending on where you reside.

Our last remarks on Lime Fx emphasize its diverse choice of trading instruments, including forex, commodities, cryptocurrencies, and others, which appeal to a broad spectrum of traders. However, this account requires commission to be paid, at $2.50 per lot per side. All trading instruments are available with this account, along with negative balance protection. Another advantage of choosing Lime Fx broker is its range of trading platforms. The first option is ideal for beginner traders, yet many experienced traders also enjoy its features.

Regulated by any authority is already a big thing for Forex brokers, but having only one overseeing authority is still not enough. The FAQ, which forms part of the Knowledge Base, is in-depth and covers questions relating to complex topics like copy trading and expert advisors. Questions beginners may have relating to the CFD market, MetaTrader basics, and trading, in general, are also addressed. The sentiment indicator uses data from the Lime Fx client base to show the buyer-seller ratio for each trading instrument. A reading of less than 30 indicates that it is oversold, and one of over 70 suggests that it is overbought. Lime Fx has an active YouTube channel, providing video analysis to complement its written market commentary.

Please note that some methods may only be available to specific countries and not all are available for both deposit and withdrawal. There are also mobile apps available for both Android and iOS users. Lime Fx is part of the Investors Compensation Fund and keeps clients’ funds in segregated accounts. The broker also offers negative balance protection for those trading on a margin. Overall, Lime Fx can be summarised as a trustworthy and highly regulated Forex Broker that offers traders cutting-edge platforms and a wide selection of trading products.