To balance this, the broker charges a low inactivity fee and does not impose fees on deposits or withdrawals. Lime Fx supports MetaTrader 4’s standard suite and offers various copy trading solutions. It also provides quality research and educational content, catering to the needs of beginners and seasoned traders. It would be good if they add the metatrader 5 platform. Hello Fikri Kadeer,We appreciate you taking the time to share your experience with our withdrawal process.
Lime Fx Mobile Trading App:
This compensation should not be seen as an endorsement or recommendation, nor shall it bias our broker reviews. Any rates, terms, products and services on third-party websites are subject to change without notice. While some investors might find certain regulatory restrictions, such as lower leverage limits, as a disadvantage, these restrictions are often implemented to protect traders from excessive risk. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.
- But the real advantage here, for me, are the features.
- ForexBrokers.com helps investors across the globe by spending over 1,000 hours each year testing and researching online brokers.
- Though, I wanted more choices of accounts, especially expected from them some zero spreads accounts.
- While some investors might find certain regulatory restrictions, such as lower leverage limits, as a disadvantage, these restrictions are often implemented to protect traders from excessive risk.
- Additionally, it lacks a raw spread account and does not offer phone customer support.
MetaTrader 4 is a good option for fast and simple order execution. However, its dated and rugged design is inferior to newer and sleeker platforms. As a trader who prioritizes flexible charts that are easily scalable, I find MT4’s charting capability too rigid and less effective. A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight.
We’re dedicated to helping our clients achieve their trading goals, and we’re thrilled to hear that you have found our materials helpful. Lime Fx’s comprehensive client support system is designed to provide traders with the assistance and information required for a successful trading experience. I appreciated Lime Fx’s extensive range of currency pairs, especially in some exotic markets. The broker also provides quite a few futures contracts, allowing traders to practice longer-term trading.
Education
It took more time to process, but still can’t complain as i got the money to my wallet in the end securely. Overall, I found Lime Fx to be a suitable option for day traders, cryptocurrency traders, and those interested in copy trading. I found the materials to be well-structured and highly detailed, exploring fundamental trading concepts from multiple perspectives. This layered approach provides learners with a comprehensive and well-rounded understanding of essential trading principles.
The platform also has an intuitive strategy tester, allowing experienced algo traders to tweak the parameters of their strategies so that they can be used under different market conditions. I tested the desktop version of the MetaTrader 4 platform, which features multiple essential tools, such as one-click trading, an alarm setting option, and a market depth tool. These allow traders to examine various market developments from different angles and exploit the underlying trading opportunities in multiple ways. Lime Fx offers https://limefx.vip/ Cent accounts for algo testing, and algo traders can use Expert Advisors (EAs) to automate their trading systems.
- Issues with the withdrawals and slippages, I haven’t seen such.
- Reviewers satisfied with Lime Fx most frequently mention customer support, tight spreads and privilege account.
- The broker also provides an extensive educational library, which features dozens of webinars, articles, ebooks, and more.
I also appreciated the broker’s phishing notice, which clearly outlines what clients can expect in terms of official communication. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Hey Holly Miller,We are so glad you liked Lime Fx’s platform! We think it’s a great place to start your trading journey, and we hope that you’ll stay with us for years to come.
What markets are the most profitable for trading with this broker from the point of expenses, i.e. Fees?
Thanks for being such a valued customer.Lime Fx ⚡️Empowering traders. Whether you’re a beginner or an advanced trader, you can find an account that suits your needs. I personally opted for the Standard acc, which has decent spreads and good execution speed. Everything so far for me has been a smooth ride.
Does Lime Fx charge an inactivity fee?
However, Lime Fx’s spreads generally exceed the industry average, and it does not offer a raw spread account. Hello Fouad G.,Thank you for your positive feedback! Our educational materials are an important aspect of our commitment to providing our clients with the resources they need to succeed.
I got a 40% additional bonus to my initial deposit and thanks to this, I was able to trade with larger lots.I didn’t notice anything suspicious while I was meeting all the terms and conditions. Everything is transparent, they don’t set hidden requirements unlike other brokers where I needed to trade more than 100 lots before withdrawing my profits. However, it’s essential to recognize that while Lime Fx’s range of investments is extensive, it may not have as many exotic or niche assets compared to some other specialized brokers.
Thank you for sharing your feedback with us. We appreciate it and will make sure to let our Product Team know.Lime Fx ⚡️Empowering traders. Hello Ahmed Touati,We’d like to thank you for your kind words! We put a lot of work into making the platform easy to use and adding new features, so it’s nice to see that it pays off. Tight spreads or something related to comish, is not for what I came to Lime Fx at first place.
Our team is dedicated to providing our clients with the resources they need to succeed, and we appreciate your feedback. If there’s anything specific you’d like to see in our educational offerings, please let us know. Hi June W.,Thank you for your positive feedback!
When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. A key advantage of trading CFDs is the ability to enter and exit the market almost instantly, enabling traders to capitalize on even minor price fluctuations in the derivative. The MetaTrader app stands out for its convenience, making it an essential tool for adjusting trades, especially during periods of heightened volatility. However, I consider it cumbersome and not the best choice for analyzing price action.
Hello Archil G.,We are so grateful that you took the time to write this excellent review! Hello Emin M.,We are so grateful that you took the time to write this excellent review! But the real advantage here, for me, are the features. The analytics I use limefx reviews a lot, in the morning, drinking coffee, I think that is pretty much mandatory when trading stocks. Sure I read Bloomberg but Lime Fx has often more info, some off-brand stuff that might make me think.
These tools empower traders with the knowledge and insights necessary to navigate the complexities of the financial markets. Whether traders are seeking to improve their trading skills, stay updated on market events, or expand their trading strategies, Lime Fx offers a comprehensive suite of resources to meet their needs. Compared to other brokers reviewed, Lime Fx holds a strong position, particularly due to its commitment to regulatory compliance, transparency, and security. The platform’s multilingual support and diverse deposit and withdrawal options further contribute to its appeal. However, it’s essential to note the regulatory limitations that may restrict access for certain traders based on their location. Day traders can benefit from Lime Fx’s robust market research, including featured trading ideas by Trading Central and a diverse assortment of tradable instruments.