Luckily, Lime FxFX offers a decent set of deposit and withdrawal options. MT4 is perfect if you’re already familiar with the platform or if you want access to a wide range of trading tools and indicators. Lime FxTrader could be a good choice if you want a modern, user-friendly platform designed specifically for Lime Fx’s trading environment. One of my favorite things about Lime FxFX is that you aren’t limited to just one trading platform.
This is a distinct characteristic that avoids surprises, which are mostly negative for traders, especially on certain days when swaps can be doubled. When it comes to making informed decisions about forex brokers, it’s essential to rely on trustworthy sources. RationalFX, a company with over 20 years of experience since its founding in 2005, has established itself as a credible authority in the industry. With an impressive collection of over 2500 reviews on Trustpilot, boasting a score of 4.2, it’s clear that Rational FX has built a reputation for providing reliable and unbiased information.
These resources are crucial for developing a solid foundation in trading principles and practices. During our testing, we confirmed that no swap fees are charged for maintaining open positions not only overnight but also during the weekend for several days. In our review, the execution quality was positive across all accounts. Entry and exit orders were executed as intended, with only minor slippage observed.
Companies on Trustpilot aren’t allowed to offer incentives or pay to hide reviews. Opening an account with Lime Fx is a relatively straightforward process. Traders can access MT4, MT5, and Lime FxTrader via web applications directly from their browsers, conveniently skipping the need for software installation.
In which countries is Lime FxFX not available?
Keep in mind that leverage is best used by experienced traders, as there are risks involved. Lime Fx offers a single account type with adjustable limefx website leverage, Islamic account options, and low spreads. It aims to simplify the process for beginners while still providing flexible tools for more experienced traders. It offers interest-free accounts, risk management tools, and award-winning platforms.
Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms. At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets.
The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities. Guaranteed stop order fees, overnight funding fees, and currency conversion fees are not separately specified by Lime Fx. Lime Fx, in this regard, stands firm as it complies with all necessary regulations and takes substantive measures to ensure client funds’ safety.
- Lime Fx provides comprehensive educational resources and a competitive fee structure, making it a solid choice for many traders.
- It offers commission-free access to financial markets and a variety of services already utilised by clients from 160 countries with more than 42 million trading accounts.
- It’s ideal for traders who rely heavily on technical indicators, custom scripts, or expert advisors.
Lime Fx also operates under other entities that are regulated by lower-reputation organizations. This situation requires clients to place more trust in Lime Fx itself than in its regulators, as these regulations are more focused on preventing terrorism and money laundering than on execution-related issues. Lime Fx also provides services through Uni Fin Invest, which is based in Mauritius and operates under the regulation of the Financial Services Commission (FSC) of Mauritius. Uni Fin Invest holds an Investment Dealer licence (Full Service Dealer, excluding Underwriting). Lime Fx provides a variety of educational resources aimed at enhancing trading skills.
Other standout features include the broker’s comprehensive educational offering and swap-free trading on all instruments. The Lime FxTrader platform combines a sleek design with detailed, easily scalable charts, making it a great fit for day traders. It also integrates actionable trading signals for more informed decisions. However, the broker charges mixed spreads that may that may reduce profit margins for active traders.
Account Fee
All information presented on TopBrokers.com website, including charts, quotes and financial analysis, is informational and doesn’t imply direct instructions for investing. For those wanting to learn more about MetaTrader platforms, we recommend reading our MetaTrader 4 review. For those new to forex trading, we recommend resources such as How to Create and Manage a Forex Trading Strategy.
Does Lime FxFX provide access to a Islamic account?
With that said, the minimum deposit here is still low enough for all types of trader to get involved. This is $50 minimum deposit within the EU with the account being available worldwide. Lime FxFX offers seven withdrawal options to transfer funds from MT4, MT5, or Lime FxTrader accounts securely and without broker-side fees. Opening an account with Lime FxFX requires a minimum deposit of only $25, making the platform accessible to beginner traders and those who prefer starting with smaller capital commitments.
Both the user and any interested party can access this section to see the performance of accounts that have opted for public visibility. After selecting this option, we entered the amount, wallet address, and a security PIN (sent via email during the account setup with Lime Fx). The request was completed in under a minute and did not require sending an email or notifying customer service. To withdraw the bonus, the client must trade a number of lots equal limefx reviews to half of the bonus amount.
- The layout of the platform is fully customizable and can be adjusted by using a drag-and-drop method.
- Therefore, Lime Fx distinguishes itself as a trustworthy broker committed to ensuring client safety at every step.
- Please don’t hesitate to contact us via social media or Live Chat.
- On forex, precious metals and indices, there are also no commissions.
- Yes, based on user Lime FxFX reviews, it offers a swap-free Islamic account for Muslim traders who follow Shariah law.
Bybit is a rapidly growing crypto exchange known for its ultra-low trading spreads, often lower than what Lime FxFX offers, particularly in crypto derivatives. This makes it especially appealing to active traders looking to optimize profit margins. The platform offers various products, including spot trading, perpetual contracts, options, and copy trading, suitable for intermediate to professional traders. Lime FxFX offers multiple instruments across various asset classes, giving traders the flexibility to diversify their strategies. You can trade forex pairs, cryptocurrencies, commodities, indices, and stock CFDs. Lime FxFX is a globally accessible platform with a user-friendly interface, zero commission on most trades, and support for multiple asset classes.