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It is an essential trading tool for all investors participating in online financial markets. Apart from the various trading tools that you will find built into the MT4 trading platform, you are provided with some useful standalone trading tools to help get the most out of your trading. These tools include a Free VPS, Economic Calendar, Economic Analysis and Forex Live Charts. However, other important tools for market analysis such as Trading Central and AutoChartist aren’t available at Lime Fx. If you would like access to these industry leading signal generating tools, then GO Markets provide both. That being said, I think MT4 should have more than enough tools for most of you, especially if you are just looking to follow market prices and place or manage trades with minimal fuss.
I am happy with the selection of fee-free funding methods accepted by Lime Fx, which supports Visa/Mastercard, bank wire transfers, cryptocurrency and four e-wallets – Skrill, Neteller, EeziePay and AWEpay. This makes it easy for global traders to get started with the forex broker. Lime Fx offers reliable customer support to assist traders with any questions or issues they may encounter. The broker provides live chat and email support, ensuring that help is readily available.
Trading Fees
Through the Lime Fx Partners Hub, our valued partners can access a wide range of marketing material and full range of statistics. The Sub IB program is allowing you to introduce additional partners under your referral, giving you both an opportunity to benefit from the trading volume of introduced clients. The above live prices are provided solely for informational purposes, not for trading purposes, and may be delayed. Lime Fx does not have a dedicated mobile app, but clients can trade using MT4’s app, which is available from the Apple App Store and Google Play. I find Lime Fx’s in-house forex market hours tool a handy way to check holidays and other events that could impact trading hours.
Trading Restrictions
Customer service operates 24 hours a day, Monday through Friday, allowing traders to access assistance during market hours. As a broker regulated by CySEC, MiFID, and MISA, it complies with stringent industry standards to protect traders. Lime Fx utilizes two-factor authentication (2FA) limefx scam to prevent fraud and secure accounts, adding an essential layer of protection for all users. Furthermore, the broker ensures that client funds are stored in Tier 1 banks, safeguarding these assets from potential risks. This commitment to security helps to instill confidence in traders who seek reliability and transparency.
Alternative Brokers
MAM provides major benefits over competing platforms such as MetaTrader Multi Terminal. 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.
How to Register Lime Fx account
It can be good to learn from mistakes and improve your trading skills by having some hands-on experience. Free demo accounts are available if you don’t want to take any risk whilst practising. However, limefx official site the broker does not offer any other platforms such as MetaTrader 5 (MT5), cTrader, or an in-house proprietary platform. After MT4, I would prefer MT5 as the second choice because of its additional features including more timeframes and built-in tools. If you are looking for more platforms, then RoboForex could be an option for you as they have a good selection.
- Market makers are financial institutions, such as banks, investment firms, and hedge funds, that provide liquidity to the Forex market.
- The web version of the platform is great if you need to access your account from any device without installing any software and it is always up to date.
- Lime Fx Introducers earn according to the trading activity of their clients, based on the volumes they generate.
- Lime Fx’s stop-out kicks in when your margin level drops to 50% or lower.
- Your mission is very simple – to recommend our services to prospective clients.
The broker lets you trade the available financial instruments using the MT4 trading platform. The software offers an impressive array of analytical tools, including nine timeframes and four chart types for each financial instrument to ensure detailed market analysis. Lime Fx is a retail broker that provides traders with the popular MT4 trading platforms, useful educational materials and robust trading tools, to trade in the global financial markets. Lime Fx is an excellent low-cost choice for beginners due to its decent range of educational resources and free demo account – a great way to build up experience before trading with real capital. The $0 minimum deposit also makes the forex broker accessible for new traders.
Lime Fx offers one of the best trading platforms in MetaTrader 4 (MT4) for desktop, mobile devices and directly through your web browsers. MT4 is provided by the majority of trading brokers due to its simplicity and user-friendly interface. In addition, I appreciate how they provide access to the MT4 Multi Terminal that allows you to log in to unlimited accounts simultaneously. I like how the company is comprised of a dedicated team of professionals with extensive experience in the financial industry.
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- Lime Fx does not impose any minimum deposit requirements, allowing traders to begin with as little or as much as they are comfortable with.
- Once these steps are completed, traders can access their account and begin trading immediately.
- The platform supports seamless trading across multiple asset classes, including CFDs, forex, and cryptocurrencies, ensuring flexibility for various types of traders.
- Lime Fx operates on a spread-only model, with spreads starting as low as 0 on major currency pairs.
- That being said, I think MT4 should have more than enough tools for most of you, especially if you are just looking to follow market prices and place or manage trades with minimal fuss.
- Lime Fx offers a variety of convenient deposit and withdrawal methods to accommodate traders’ needs.
- These apps allow traders to manage their accounts and execute trades on the go with full access to MT4’s features.
Lime Fx offers a solid variety of tradable instruments, catering to traders interested in multiple asset classes. The broker provides access to CFDs (Contracts for Difference), which allow users to trade a wide range of markets without owning the underlying assets. Lime Fx’s offerings include commodities, currencies, cryptocurrencies, and indices, giving traders flexibility in choosing their preferred markets. With over 200 available assets, traders can diversify their portfolios and take advantage of different market conditions. The ST5 platform has been well received and respected by investors around the world with its intuitive user interface and highly customizable features. This platform provides the most convenient way to customize the trading strategy you wish to use.
We are also disappointed with Lime Fx’s monthly inactivity fee of $5, imposed when your account is not funded or you execute no trades over a period of 120 days. While this type of fee is not unusual, Lime Fx imposes it after a relatively short period of time, especially compared with OANDA, which only charges its $10 inactivity penalty after 12 months. Lime Fx adheres to important rules set by this regulator including the segregation of client and business funds and the use of reputable international banks for the safekeeping of client money. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. As a regulated broker, Lime Fx maintains a solid regulatory environment complying fully with financial laws. However, no forex broker or strategy can guarantee positive returns so you should never invest more than what you would be comfortable losing.
Overnight Funding Fee
On the downside, the offshore branch is unregulated, reducing the broker’s safety rating for global traders. The broker uses a price aggregator to ensure that counterparty orders use the best bid and ask prices currently available. I rate Lime Fx’s customer service as top-notch in terms of responsiveness and speed. The multilingual support team responded very quickly to my queries over live chat, never taking more than 30 minutes to get back to me. I also find the FAQs section on the website a useful way to solve basic queries. Importantly, we never recommend choosing a forex broker based on their bonuses as they can encourage bad trading habits.
