Lime Fx ONLINE LTD Cyprus Limited Company

MT4 is our pick for beginners while MT5 is good for experienced traders thanks to its faster processing and greater breadth of indicators, order types and trading tools. Our testing of Lime Fx also shows a good range of supported base currencies, including EUR and USD, making this broker accessible to global traders – removing potential conversion fees. We have interwoven our advantages to create a seamless tapestry of trading excellence. Every aspect, from platform diversity to continuous support, is meticulously refined to align with your trading journey, ensuring that each interaction is a step towards achieving your financial goals. Our relentless pursuit of perfection in every facet of our service is our commitment to empowering your trading experience with reliability, innovation, and precision.

How To Make A Deposit On Lime Fx

Our research shows that the MT5 Global account is best for experienced traders. Account holders get tight spreads with a very low commission rate, plus access to the powerful MetaTrader 5 platform. With a fee structure that will be attractive to high-volume traders and regulation by the ESMA, Lime Fx provides a top-end, competitive investing service.

МЕЖДУНАРОДНЫЙ БРОКЕР Lime Fx ONLINE LTD

Our tests show that only a select few brokers, such as Saxo Bank, can rival Lime Fx when it comes to the number of trading products. My only criticism is the fees for depositing funds to the ECN account, which don’t stand up against competitors like Pepperstone which doesn’t charge. For instant funding, I recommend card payments, which I find easy to set up, while bank wire transfers can take up to 5 days. The broker is also a member of the Investor Compensation Fund, which protects clients with compensation of up to €20,000 in the case of an unresolved dispute with the brokerage.

In this section we’ll show you how to open a live trading account with Lime Fx. limefx review The registration process and account activation are fully digital, and the broker’s web page is very initiative and user-friendly. In addition, customer support agents are available 24/7 in case you have any questions. However, like any financial undertaking, the choice of a broker should be rooted in meticulous research and informed judgment.

• I think this is an excellent market analysis software that could easily cost thousands as a standalone product.
• In the last 10 years, MT4 has maintained its position as the main platform for traders, due to its stability, versatility, and ease of use.
• If you are an institutional trader then you will be impressed with the FIX API connectivity and managed accounts whereas there is the professional account option.
• There is something for everyone to trade with thousands of financial instruments available.
• I think they could improve further by adding support for some more currencies and crypto deposit like Coinexx.
• Lime Fx offers a wide range of trading instruments with sophisticated platform features catering to both trading newbies and market veterans.

They have a section of their website dedicated to frequently updated news articles. Overnight funding fees and other transaction charges, require detailed understanding on the Lime Fx platform. Doing so will help you know how the fees work and how to apply them. If you leave your account unused over a long period, Lime Fx will charge an inactivity fee. So, you want to keep your account active and engaged to avoid withdrawal restrictions.

Lime Fx is an online broker that gives you access to a full range of trading products, services, accounts and platforms. They are an international broker who I found to have very competitive trading conditions and fees. You can get direct access to a huge range of markets with low commissions, instant execution and maximum liquidity. I like how they take an individual approach to each client regardless of your investment size and have 24/7 support. There is an abundance of high-quality research that covers all financial markets and instruments which can help to inspire trade limefx forex broker ideas.

Lime Fx fees compared to AvaTrade fees

• There is currently an MT5 Global special promotion on Lime Fx that offers discounted commissions on futures from £0.50 per contract (compared to the standard $1.50 per contract).
• If accepted you can then upload your documents to verify your identification (passport, drivers license, etc) and address (e.g. utility bill no older than 3 months).
• It is an automated investment adviser for creating and managing an investment portfolio with minimal human intervention.
• The broker also provides a range of trading platforms including MetaTrader 4, MetaTrader 5, CQG, J2TX, and Sterling Trader Pro.
• One of the primary factors contributing to Lime Fx’s ongoing success is its strategic partnerships and network expansions.
• MetaTrader and CQG have intuitive mobile apps that Lime Fx clients can access for free.

While it is disappointing to see the company isn’t regulated by the FCA, the CySEC is still a trusted financial agency and its license is a promising sign that Lime Fx is legit. While using Lime Fx, we noted that some withdrawal methods are only available if you deposited using this method and/or are using the same card. Note that, for credit card withdrawals from the MT5 Global account, a commission is not charged when refunding to the same card. CIFs may provide their services to countries outside the EU provided that they comply with the regulatory regime of the third country.

Is Lime Fx A Regulated Forex Broker?

Minimum withdrawal amounts also apply to certain processing methods. Importantly, these times and minimum requirements are in line with most of the industry. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Withdrawal requests are processed within the same day or next if outside working hours.

Before making any trading related decision, contact a local professional financial advisor. Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process. This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters. With that said, traders should be aware that the available instruments vary depending on the account you have. For example, the Standard account offers a reduced list of metals and CFDs in addition to forex.

Our experience shows that once verified, the funds will be returned to your account instantly in the case of e-wallets and within 5 days if you choose bank wire. Lime Fx processes withdrawals within 24 hours of the request being made. Lime Fx does not charge inactivity fees – a levy we see at many forex brokers we review.

Importantly, during our tests, the live chat was quick and easy to use with responses in less than a minute and email responses within 24 hours. With that said, there is a ‘Contests’ tab in the broker’s platform which can be monitored for the opportunity to win prizes. Yet while we enjoy using these features, our team finds that the depth and quality of market research don’t rival alternatives like IG Group. Yet it doesn’t offer the same user-friendly interface, or have as good a reputation as alternatives like eToro. Other fees to be aware of are the swap fees that are charged on positions held overnight.

Categorised in: Forex Trading

This post was written by vladeta