Alerts and each executed order are notified through browser notifications. Additionally, the app allows users to view the history of each operation, including changes made to orders, with great clarity. 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. During the account opening process, clients must choose a type of account.

MetaTrader 5

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.

• 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.
• One of the standout features of Lime Fx is that it does not charge swap fees.
• The platform also provides for a wealth of more than 50 charting tools and indicators, and caters for auto and copy trading through its EA feature.
• We didn’t give Lime Fx a high score for customer service for one simple reason.
• Though it has been granted regulatory status in Cyprus and South Africa via an intermediary (Orinoco Capital), Lime Fx’s lack of additional reputable licenses heavily weighs down its Trust Score.

The MetaTrader platforms are often preferred due to their robust features and overall usability. Lime Fx offers MT4 and MT5 as a web platform for Windows, MacOS, Android, and iOS. It is through this simple interface and transparent approach that easyMarkets offers a great mobile experience. Nevertheless, it is prudent to evaluate the cons, such as the higher spread on some account types, before arriving at a conclusion. With Lime Fx, you can trade via mobile using their integration to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), enabling clients to trade 1000 instruments through one login. You can trade Forex and CFDs on shares, futures, indices, metals, and energies.

They have offered a rather extensive video course for beginning forex trading, which is good for those just starting out. Lime Fx isn’t the biggest, most popular forex broker, but they have carved out a space for themselves in the industry. EasyMarkets Forex trading app provides a very intuitive interface suitable for traders of every level. Even though it aims to provide a smooth trading platform, one should look at its fees and regulatory compliance level.

Account Fee

• For those seeking a cost-efficient and transparent broker, Lime Fx sets itself apart by prioritizing its clients’ financial interests.
• As for education, I thought Lime Fx did a good job at presenting the basic concepts of forex trading through an online video course.
• Also, for knowledge and skill trading, the app supports education resources for ease of trading and good practices.
• This makes a tremendous difference to leveraged traders who keep positions open overnight.

Limit orders were adjusted almost exactly to the specified price without jumps, though a small percentage of stop orders did experience some variation. Internal transfers between different accounts can be done from the dashboard and are nearly instantaneous. There is also the option to transfer funds to a wallet outside of these accounts but within Lime Fx. Scalping, hedging, and the use of expert advisors (EAs) for algorithmic trading are permitted. For instance, arbitrage trading is prohibited under their Customer Agreement. At Rationl FX, we prioritize clarity and transparency in all our interactions.

Lime Fx Features

The broker operates under multiple regulatory frameworks to ensure compliance with international financial standards. It is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number and by the Mwali International Services Authority (MISA) in the Comoros Union. Lime Fx Markets Ltd. holds an International Brokerage and Clearing House License, further enhancing its credibility. Additionally, Lime Fx is registered with the Financial Services Authority (FSA) of St. Vincent and the Grenadines, offering a robust multi-jurisdictional regulatory framework. This is a good level for new traders who want to start small and experiment with little financial investment.

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. While obviously, Lime Fx Cyprus is more trusted, the international proposal features more comprehensive tools and conditions along with education and research materials and MT4 availability. This allows less experienced traders to learn from and imitate the trading strategies of successful traders. Therefore, it not only facilitates learning for beginners but also potentially enhances trading outcomes.

However, Lime Fx states that it provides clients with segregated accounts and negative balance protection. A welcome addition would be third-party account insurance (such as a policy from Lloyds of London), as seen at some other popular offshore brokers. Overall, I rate Lime Fx as an innovative broker with a client-centric focus. With demo accounts, the ability to trade in micro-lots, copy trading, and strong educational resources, I rate Lime Fx as a suitable broker for beginners.

Lime Fx (formerly Lime Fx) is an international limefx broker reviews broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilized by clients from 180 countries with more than 40+ million trading accounts. Lime Fx is a technology-based brokerage company and Forex broker that offers an industry-leading platform Metatrader4 and MetaTrader5 with numerous investment opportunities and great capabilities. With their mobile trading apps, users can easily copy the trades of experienced traders.

Lime Fx Review – Is Lime Fx Legit

MetaTrader 5 is the only platform available on this account, which is a more developed version of MT4, it offers a wider range of technical indicators, chart options, and products. Additionally, the broker undertakes several security measures to safeguard the traders’ funds, such as negative balance protection and segregated accounts. MetaTrader 4 is extremely well regarded in the industry as one of the top trading platforms ever. Here you get exactly what you expect with a very robust and extremely powerful and also lightweight trading platform that can run on virtually any device. These are all useful and important tools to utilize for any forex trader on all platforms and brokers. Taking a look at the CFD markets available from Lime Fx, it is noted that they offer a little more than 70 assets in total.

Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.

Is Lime Fx a reliable broker?

Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives. The Lime Fx MT5 account is the best for equity traders, and the Lime Fx MT4 account is for Forex traders due to asset availability and trading tools. A ranking system is also in place, evaluating the trading history of the Master Trader with Lime Fx. In-depth details on the trading strategy and performance of each Master Trader are equally available.

Each year, we collect thousands of data points and publish tens of thousands of words of research. Besides the MetaTrader platform, there is also Lime Fx’s proprietary platform called Lime FxTrader. Of all the platform options, this is the most user-friendly and intuitive to use. More advanced traders might not be the biggest fans, but novice or occasional investors will find it easy to navigate. One of Pepperstone’s most notable features is its lightning-fast execution speeds. This is a feature that mid-level and advanced traders will appreciate.

Additionally, AvaTradeGo can be downloaded on both Android and Apple’s iOS operating system, making it easy to trade while in transit. While its interface might seem slightly dated compared to newer platforms, its https://limefx.vip/ extensive customization options, large community, and reliable performance make it a strong contender. Its widespread use has created a large community of traders and developers, leading to a vast ecosystem of indicators, expert advisors, and other resources. The live chat is 24/7 which is great to see, but the experience I’d say is a mixed bag.