How to open a trading account with Lime Fx Lime Fx

Lime Fx fx broker

Alternatively, traders can use cTrader or connect to TradingView, where 50M+ peers engage in social trading. VPS hosting allows for low-latency 24/5 Forex trading, and API trading for advanced algorithmic trading requirements is also available. Therefore, I rank Pepperstone among the best Forex brokers in Romania. Lime FxFX helps its clients by removing commissions and hidden fees. This allows them to focus on trading without worrying about extra costs.

  • Both account types offered by Lime FxFX cater to different trading preferences and goals.
  • The Financial Services Authority (FSA) of Saint Vincent and the Grenadines regulates Lime FxFX.
  • Lime Fx is a broker that has operated for over 10 years and has been expanding during this time.
  • 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.
  • Lime Fx clients can make deposits and withdrawals via bank wire, credit card, digital wallet, and cryptocurrency.

Lime Fx Features

  • In this review, the FXStreet team presents an independent and comprehensive analysis of Lime Fx, grounded in direct testing and real user experiences.
  • Additionally, Orinoco Capital (Pty) Ltd. holds a Financial Service Provider (FSP) license number from the Financial Sector Conduct Authority (FSCA) in South Africa.
  • On the negative side, traders should make sure to check the proposals, as Lime Fx is an international brand and a Cyprus one offers slightly different conditions.
  • Their trading assets are also restricted in comparison with other brokers.
  • Lime Fx (formerly Lime FxFX) is an international broker that has been providing online trading services worldwide since 2011.
  • Lime Fx offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments.

The figures below reflect the available leverage at the offshore entity of Lime Fx. Available leverage differs according to the asset class, with the most leverage available with CFDs on forex and the least with CFDs on shares. In our tests for the Trust category, we also cover factors relating to stability and financial strength. Here, we focus on how long the broker has been in business, what is the company size, and how transparent the broker overall. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004. Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates.

Lime Fx fx broker

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However, once the process is completed, they can easily add additional accounts with just one click. Customer service is highly responsive, with one drawback being that there is no phone support. Lime Fx also made a significant step forward since my last review by adding 150 CFDs on shares from 16 global stock exchanges.

Lime Fx limefx scammers also offers you its proprietary mobile app the Lime Fx Trading App. Their spreads with this account are lower compared to the MT5 account. Lime Fx has good educational and training tools for beginners as well as expert traders.

We’ve noticed that Lime Fx has rebranded itself from Lime FxFX, but the differences outside of the name are minimal. The 50% bonus is more applicable to experienced traders or those confident in a long-term relationship with the broker. One of the reasons that traders are attracted to the forex and CFD markets is the high degree of available leverage.

Lime Fx fx broker

Currencies accepted for deposits/withdrawals

These platforms provide robust charting and a wide range of order types and enable automated trading. The web-based Lime FxTrader platform is a beginner-friendly and convenient alternative. Lime Fx is based in Saint Lucia but has multiple entities outside of Saint Lucia to provide financial services to clients in 180+ countries. Depending on where you are from, you can open an account with a different entity that is regulated by either CySEC, MAS, or FSC.

deposit bonus

The Web Trading platform provides useful features for advanced traders like single-click trading. Meanwhile, it has limited advanced order functionality and chart views. You are offered a limefx broker reviews range of financial asset classes to select from by Lime Fx. However, its offerings are limited in comparison with other standard Forex brokers in the market.

Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. 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).

One of the key highlights for MetaTrader 4 I like is the option to automate your trades using Expert Advisors (EAs) which is allowed on your Lime Fx account. You can develop EAs to 100% automate your strategy from analysis to execution, or set up risk management EAs to manage your risk on open positions automatically. In addition to traditional platforms, I did find that copy trading is available through the Lime Fx Copy platform giving you an alternative approach to leveraged products like forex and gold. The spreads on the MT5 account were stable in my tests during the New York and Asian trading sessions. While monitoring the spreads the broker’s EUR/USD spread fluctuated between 0.80 and 0.90, which is slightly more than the minimum advertised.

Lime Fx’s lineup of platforms features the gold standard MetaTrader. The MetaTrader platforms offer robust features and usability that appeal to a wide market. We didn’t give Lime Fx a high score for customer service for one simple reason.