Furthermore, Lime Fx has an easy-to-use app which is also available on Android and IOS devices. This app allows users to enjoy a smooth trading experience and keep track of executed orders from anywhere. Advanced tools and features on the Lime Fx Desktop MetaTrader 5 (MT5) platform improve trading experience. It includes 21 timeframes and over 80 technical indicators, therefore enabling thorough market analysis.

Our Experience with Lime Fx

The platform can be accessed through Windows, Mac, iOS, or Android, and is an excellent and very well-respected trading platform among the community. Again the platform is available on all mediums and a webtrader is offered. The platform also provides for a wealth of more than 50 charting tools and indicators, and caters limefx review for auto and copy trading through its EA feature.

This is provided both through their own dedicated copy trading platform and a mobile trading app for on the go trading. You can choose to either be a copier, or a “Master Trader” where others will copy you and you will earn a commission. This is a distinct characteristic that avoids surprises, which are mostly negative for traders, especially on certain days when swaps can be doubled. Lime Fx does not charge fees for deposits or withdrawals, nor does it impose commissions on trades. One of the standout features of Lime Fx is that it does not charge swap fees.

Furthermore, the well-received mobile application provides traders with a convenient way to monitor their investments away from a trading terminal. Lime Fx provides an exclusive cashback rebate scheme for UAE traders, allowing them to recoup some of their trading costs. MT4, MT5, and Lime FxTrader users can earn rebates ranging from $4.80 to $8 per lot, regardless of trading results. Most Lime Fx customers have reported prompt and helpful responses from the company’s customer support team.

It’s always nice to have extra security tools thrown in and Lime Fx provides more than most. The Lime Fx technical environment is monitored 24/7 by a dedicated team of highly professional security engineers and technical specialists. Credit and debit card transactions are subject to 3D secure Visa authorisation and there are processes in place to protect clients making withdrawals. Lime Fx offers 5 crypto markets like bitcoin, ethereum and litecoin — this is a limited range. On the upside, those markets that are available are traded using the MetaTrader platforms, so at least the quality of service is guaranteed to be high. The Pro account uses the MetaTrader MT5 platform and offers a wider range of markets than the Micro account and spreads also tend to be a little tighter.

Commissions and Spreads

This will give you unlimited access to every trading account free of charge. You can top up your funds with a simple request while you practice and improve your trading strategies. With its user-friendly platform, competitive spreads, and a range of educational resources, it caters to both beginners and experienced traders.

Some of them may not be available within every region or account type. With that said, they still offer good value in terms of trading conditions. Matching your base currency to that of your deposits and withdrawals can be an important way to help you save on paying conversion fees which ultimately increase your cost of trading. You can look forward to trading with the MT5 trading platform on this account where the spreads start at great value from 0.2 pips.

Lime Fx FX Spreads and Instruments

It offers competitive fees, low spreads, advanced technology and all on a global scale. Finally, Lime Fx cannot accept clients from certain regions including the U.S.. If you are in one of these regions then you should take a look at someof the other great forex brokers and find another broker to suit.

The minimum spread users can expect to pay on any trading instrument at any given time is 0.6 pips. The broker claims to process withdrawals by cryptocurrency immediately but withdrawals with bank payment could take 1-3 hours depending on the processing bank. The company’s educational library is well maintained and offers rich learning resources that includes webinars, articles, platform tutorial videos and a video course. The custom-built Lime Fx mobile trading app features a simple yet functional user interface. The respective app versions are downloadable from the Google Play Store or App Store for Android and iOS-based mobile phones.

• The number of markets is also different across the platforms, but none of them offers a range of instruments that could in any way be called excessive.
• In the event that the company runs into financial trouble, clients can always claim their funds from the deposit institution and will not have to worry about the solvency of Lime Fx.
• Depending on your location, you may be eligible for an Lime Fx deposit bonus of 50%.
• The Lime FxTrader platform is intuitive, well designed, and has popular features like alerts and 1-click trading.
• The trading interface of the mobile app is quite basic, yet it is functional.

Is there a minimum withdrawal amount with Lime Fx?

To see the commission that you will pay on a particular Islamic compliant trade Lime Fx offers a tool to calculate the commission on MetaTrader 4, MetaTrader 5 and the eTrader platforms. The Islamic account can be accessed through all of Lime Fx’s trading accounts mentioned above. The only thing you will need to do is check the “Swap-Free” box during the initial account sign up stage. To help support traders currently impacted by COVID-19 across the world, Lime Fx is reducing spreads to enable higher profits. Lime Fx clients can also monitor manster traders activity in real-time, compare strategies with other traders and sign up quickly and easily. Lime Fx provides twenty-eight currency pairs, 3 cryptocurrency CFDs, and CFDs on 4 metals, 2 energies, ten of the most popular indices, adding to 47 instruments in total.

Lime Fx has launched a campaign called “Trade and Win Giveaway” to recognize the hard work of traders in the UAE. Meeting certain trading volume requirements allows participants to win exciting rewards like exclusive trips, laptops, or smartphones through random selections. This initiative boosts trader motivation and offers tangible incentives along their journey toward prosperity. These services empower Lime Fx users to refine their skills, maximize profits, and benefit from a collaborative trading environment.

Does Lime Fx provide access to a Islamic account?

The MT4 Micro account offers 28 currency pairs, gold, and silver for trading. Secondly, we have the Pro Account which uses the more advanced MT5 platform. This account offers lower spreads than the Micro Account as well as lower trading costs for higher volume traders. You will pay a slightly higher minimum https://limefx.name/ deposit to avail of this account.

• Lime Fx minimum deposit is $25 allowing you to open an account and start trading.
• The exclusive MT5 Pro account offers 45 trading tools with a $500 deposit and meets higher margin requirements.
• This tool is available for free to Lime Fx clients and can help traders spot trends before they become obvious.
• This ensures that we accurately convey facts and events so that investors and traders can read our content with confidence and make informed choices.
• They can then trade as usual and earn additional income whenever others choose to copy them.
• It lets customers make rapid and effective trades without unnecessary complexity, therefore supporting complex trading activities.

In particular, it has a Pattern tool that lets you apply a variety of technical analysis on your charts automatically which is useful if you are new to forex trading. I opened an Lime Fx trading account and tested the broker’s spreads, trading conditions, and platforms to see how they performed against 20 other brokers. In this Lime Fx Review, I’ll go through my findings helping you decide if Lime Fx is a broker you should consider. The demo account features live quotes and simulates live market conditions in assets such as forex and CFDs on commodities, indices, and stocks.

The MT5 platform is an upgrade to MT4, offering additional features such as an economic calendar, more timeframes for charts, and more order types. Lime Fx’s MT5 platform also includes a deeper range of markets, allowing traders to access more financial instruments beyond just forex, including stocks, commodities, and indices. Lime Fx operates under the regulations of several financial authorities, including the CySEC (Cyprus Securities and Exchange Commission) and the IFSC (International Financial Services Commission). While Lime Fx does not offer services to all countries due to regulatory restrictions, it is an excellent choice for traders in jurisdictions where the broker is regulated. The broker offers access to forex, CFDs, and other financial instruments, ensuring a transparent and safe trading experience for its clients.

As Lime Fx is a large broker, it fittingly offers a good range of funding options on both the fiat money side and the crypto side. Exact spreads and commissions will vary depending on the account type you hold. Traders can choose between MT4 Micro, MT5 Pro, or the cTrader ECN account. One of the most important factors to take into consideration when using leverage is the asset spreads, in addition to other fees that may apply. From this Wallet, you can transfer it to any of your trading accounts. That said, the firm is not publicly trading and does not operate a bank.

Feedback and rankings from authoritative sites like “Trustpilot” on the TradingFinder website assist all traders. Forex, binary options, cryptocurrency, and CFD trading on margin involve high risk and are not suitable for all investors and traders. Lime Fx is a financial broker with more than 40 million accounts opened on it. A 5% loyalty bonus and a point-based system that adds 1% to the earned rebate round out the program’s dual-benefit structure.