To withdraw funds, customers’ free margin has to exceed the withdrawal amount, then they have to complete the verification process and get their accounts verified. The broker claims to process all withdrawal requests received within 1-3 hours. Depending on the withdrawal method used, the minimum withdrawal amount is $5. However, customers can withdraw as many times as they wish and withdrawal is free.
Lime Fx Review 2025: Platforms, Apps, Safety, Pros & Cons
You can also create accounts on the MetaTrader 4 and MetaTrader 5 platforms to trade Forex, cryptocurrencies, and other instruments. Compare the platforms’ features to find the one that is right for you. As for education, I thought Lime Fx did a good job at presenting the basic concepts of forex trading through an online video course. I liked the daily webinars with professional traders that let you learn while trading in a live environment to experience how traders analyse the markets in real time. Lime Fx offers the basic options when it comes to funding your account through traditional methods and some crypto options.
Adding additional regulatory licenses in Tier-1 jurisdictions would be a step toward winning more client trust. Lime Fx provides dozens of detailed guides in article format on subjects ranging from using moving averages to setting up the Autochartist Metatrader plugin. An 11-lesson course on forex basics is available in video format and makes a good primer for new traders. Lime Fx also provides platform tutorial videos, which cover getting started with MetaTrader, using your personal account area, and copy trading. Client orders received by Lime Fx are offset by banks and liquidity providers. NDD (No Dealing Desk) brokers such as Lime Fx act as intermediaries between the trader and the real market and receive a defined and transparent commission for it.
The EU entity of Lime Fx clearly states its regulatory status in the website’s footer. The offshore entity also references its corporate registration number with the Saint Lucia authorities at the bottom of each page. However, there is room for improvement in terms of being clear about the unregulated status of the offshore entity. This section will cover how the different entities of Lime Fx are regulated and how this impacts you as a trader.
- Lime Fx gives high priority to the ‘Analysis and Education’ section of its site.
- Choose from 300+ trading instruments, including shares, commodities, and indices.
- Lime Fx provides live quotes and detailed spread information on its website.
- This is an observation rather than a criticism as it just demonstrates the way the site allows aggressive trading strategies to be carried out.
- Founded in 2011 in Cyprus, Lime Fx is a well-regulated broker with oversight in place from CySEC and SVG.
Does Lime Fx have Research and Education services?
Lime Fx has competitive spreads in some instruments such as EUR/USD and impressive research written by in-house analysts. Moreover, Lime Fx is a crypto-friendly broker – traders can choose from 34 CFDs on cryptocurrencies and make deposits and withdrawals in crypto. When choosing my account the broker offers three options which are essentially the same Standard account but used for different trading platforms. The broker also offers wonderful features that are unique to the company alone. In addition to keeping the client’s investments safe and separate from its capital, the broker ensures maximum transparency.
Available Assets at Lime Fx
We do not present any investment advice or guarantees for the accuracy and reliability of the information. However, the payments we receive can influence the products, companies, or services we highlight and evaluate. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).
Visit Our Brokers
Rather than specializing in any one field, Lime Fx provides a wide assortment of content types. However, when compared to research leaders IG, Saxo, and CMC Markets, Lime Fx has room to enhance its research offering. For instance, I found that the content on the Lime Fx Blog is not updated daily across all categories. The AutoChartist plugin for MetaTrader is available to clients with $1,000 or more in their accounts. The Autochartist plugin for MetaTrader provides real-time trading signals to your terminal, shows chart patterns and trends online, and allows you to receive daily Market Reports via email. Lime Fx excels in research, offering regularly updated commentary written by in-house analysts and trading ideas.
You have no real account to deposit
There is also a dedicated VPS (Virtual Private Server) for ‘algo’ traders. https://limefx.name/ The market news is updated hourly and helps to stay updated on market trends. Lime Fx also keeps a thorough FAQ section on its website to answer often-asked questions about trading and account management. The broker also actively appears on Facebook, Twitter, and Instagram, offering still more means of communication.
Investing in financial instruments, commodities, and other assets carries inherent risks, and there is a possibility that you may lose your entire investment. It is essential to be fully aware of these risks before engaging in any trading activity. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.
For this reason, world authorities and regulators restrict leverage to use to specify safer levels for retail traders. As for the leverage, a known instrument that increases the initial capital you trading with and can be a very useful tool to magnify potential gains is offered by the Lime Fx broker as well. However, along with its great capabilities, leverage increases risks together with its benefits, so you should always learn how to use tools smartly. Overall, Lime Fx provides good flexibility in terms of conditions, platforms, and instruments it proposes. Therefore means its operation is aligned to the necessary protection level. Lime Fx is an STP Forex Broker also runs high standards of secure trading environment, as of the regulation it imposes.
What Platforms and Applications does Lime Fx Forex broker offer?
- This broker does not charge its traders with any commission outside of trading for depositing and withdrawing funds.
- With trades usually handled in under 0.1 seconds, MT5 showed enhanced order execution speeds during testing—a critical ability for busy traders.
- Guaranteed stop order fees, overnight funding fees, and currency conversion fees are not separately specified by Lime Fx.
- The trading experience is enhanced by the availability of more than 25,000 custom indicators and plugins; the interface is simple, and navigation is easy.
If you want to expand your research, and evaluate some options similar to this broker, you can consult the alternatives to Lime Fx. Traders can access MT4, MT5, and Lime FxTrader via web applications directly from their browsers, conveniently skipping the need for software installation. 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. The number of instruments on offer is relatively limited, and areas of the site could do with being more transparent as it can be hard to pin down certain facts. The broker has recently given up its regulatory license with the Financial Conduct Authority in the UK.
The analysis was well presented on the charts and the commentary was easy to understand and follow, even if you’re new. There are 12 extensive educational articles covering the forex basics but what stood out for me was the free forex trading course. In this course, I had access to 11 video lessons that lasted roughly 5-10 minutes but went into detail about how to trade forex.
While some people praise the broker wholeheartedly saying it’s one of the best online trading brokers, others say it is no scam but is poorly managed. However, there are a good number of posted reviews of people denouncing the broker for withdrawal problems and bad trading experience. The Mobile app offers market data; quotes in simple and advanced modes.
Nevertheless, new users can always use the promo codes of Lime Fx affiliates to receive bonuses or chat with the live support on their website to get the promo code. Lastly, low spreads, user customized account types, 0% commissions, fast payouts and a rich educational library are the company’s strong points. Although Lime Fx is regulated by just 2 regulatory bodies, it does business in multiple jurisdictions worldwide. It prioritizes its clients’ account safety by keeping clients’ funds in segregated bank accounts. Lime Fx employs state-of-the-art technology and advanced security protocols, which includes SSL web encryption and two-step authentication to protect clients’ confidential data.
The broker also provides detailed economic calendars and market insights, which keep traders informed about the latest financial news and upcoming economic events. This ensures that we accurately convey facts and events so that investors and traders can read our content with confidence and make informed choices. BlackBull Markets is a reliable and well-respected trading platform that provides its customers with high-quality access to a wide range of asset groups.
Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry. Lime Fx offers a variety of trading instruments, including CFDs on all limefx website the major asset classes— forex, commodities, indices, shares, and cryptocurrencies. Lime Fx has a strong selection of CFDs on cryptocurrencies, numbering 30 in total.