Traders can trade one of the world’s most extensive markets, with competitive conditions and explore spot indices including UK 100, NASDAQ, and Germany 30 with minimal margin requirements. As a high-frequency trader, I have always looked for precision and efficiency in a platform. There is a limited capacity to scale price action up and down in order to gain a sense of the prevailing market sentiment. The platform also supports one-click trading, which allows traders to execute orders fairly quickly. Compare top platforms, fees and features to make an informed trading choice. As Lime Fx only offers MT4, on mobile as well as desktop, the mobile trading experience is limited compared to other brokers.
- Pricing for Forex, spot, and CFD instruments is average-to-competitive, with significantly lower costs at higher account tiers.
- Mobile users benefit from total trade management without having to sacrifice functionality.
- Beginners can stick to the regular version of MT4, the WebTrader, or the mobile version.
- In line with Anti-Money Laundering rules, Lime Fx does not process payments to third-party accounts.
- The Lime Fx FAQ section should be enough to answer most questions as it has categories for opening accounts, client funding, trading, and the trading platform.
Email address and phone numbers are provided for satellite offices in Cyprus, South Africa, and Australia, allowing local contact. Or international phone number, forcing potential charges for calls made to Cyprus or other satellite offices. Lime Fx Academy provides impressive educational features for smaller and less-skilled traders. The portal would benefit from more advanced topics but the narrow focus on newer traders makes sense as a marketing tool.
Why trade on the MetaTrader 4?
Trading is offered on multiple assets, including commodities, indices, metals, futures, shares, and over 80 Forex pairs, a larger range than is typically seen at other brokers. It should not be assumed that limefx website the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Lime Fx offers 83 forex pairs and 340 tradeable symbols, providing a decent range of trading options. However, its total tradeable symbols are far below the industry average of 3,623.
Lime Fx’s Customer Service
Participants can join these events and compete for top spots, earning valuable rewards along the way. Lime Fx provides a wide range of deposit and withdrawal methods, including bank wires, credit/debit cards, e-wallets, and local payment solutions. However, certain payment methods may have geographic restrictions, but the Lime Fx back office will display only the available options for each trader’s location. The broker provides you with top class global customer support in over 30 different languages. Friendly representatives are hand to answer all of your questions 24 hours a day, 5 days a week via phone, email, and online chat.
So you go to the withdrawal page peer withdraw processing ok.when you go back to trading platform it’s started trading by its self and you can’t stop. So now your withdrawal will be denied as your trading.This just goes on and on. To put bluntly you have done your money and when you complain you get a call no it can’t be stopped but if you deposit some you may get a profit.
Related Forex Brokers
Metatrader 5 adds important features lacking in the older version but retains frustrating aspects of this industry-standard software, including weak customization and limited conditional orders. The lack of two-factor authentication in both Metatrader versions adds a security hole that needs to be fixed. On the whole, other than the video material, blog content, and one downloadable e-book, Lime Fx’s educational materials lack depth and provide only a sweeping overview of the basics of forex trading. Lime Fx offers a wide range of deposit and withdrawal methods, and while no fees are charged for most methods, withdrawals by bank wire transfer are expensive. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets.
- Lime Fx provides a rich collection of educational articles that delve into various aspects of trading.
- The broker also offers downloadable e-books that serve as comprehensive guides to forex and CFD trading.
- Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets.
- You can find instructions for using the MetaTrader 4 platform on Lime Fx as well as numerous outside resources.
- Lime Fx offers demo accounts that introduce traders to the broker’s services and allows them to tweak their strategies in a risk-free environment.
- Compared to other similar brokers, Lime Fx’s account opening process is fast, generally hassle-free, and fully digital.
Lime Fx Accounts and Trading Fees
Trading cryptocurrency CFDs allows traders to speculate on price movements without owning the actual coins. With the high volatility of the crypto limefx review market, Lime Fx offers advanced risk management tools to help traders manage their exposure. The broker also provides educational resources to guide traders in navigating the complexities of cryptocurrency trading. If you prefer a fixed spread for your trading strategy then you could consider a no commission account. These tend to have higher marked up spreads but you do not pay a commission on trades.
Embrace Excellence in Online Forex Trading with Lime Fx
Lime Fx provides quite a few deposit methods, while withdrawals are sent only via bank wire. Payments are processed fairly quickly, and traders can use multiple currencies. I learned that Lime Fx does not charge a handling fee on deposits or withdrawals, though there are exceptions. What I thought very useful is that some of the available instruments are denominated in different currencies.
We performed our tests on a No Commission account using the MetaTrader 4 desktop platform and its mobile app. Our editors independently research and recommend the best products and services. You can learn more about ourindependent review processand partners in ouradvertiser disclosure. Success in online trading and investing depends on proper planning based on solid information and useful market insight. FxScouts is committed to ensuring protection of all personal information that we hold, and to provide and to protect all such data. We recognize our obligations in updating and expanding this program to meet the requirements of GDPR.
Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by FxScouts Group, nor shall it bias influence our reviews, analysis, and opinions. Lime Fx’s educational materials are limited compared to other large international brokers. A duo of in-house analysts provides market commentary on breaking news insights.