The education section on the Lime Fx website is well thought out, clearly presented, and made for different levels of traders – beginners, intermediate, and experienced. Material includes live trading sessions, workshops, and trading strategy-themed presentations. Daily and weekly forecasts in the Market Insights section preview the key economic data ahead and highlight the major market movers. The reports cover significant support and resistance levels and technical signals from indicators such as MACD and Parabolic SAR.

Lime FxTrader—it’s personal

Additionally, Lime Fx is registered with the Financial Services Authority (FSA) of St. Vincent and the Grenadines, offering a robust multi-jurisdictional regulatory framework. The demo account features live quotes and simulates live market conditions in assets such as forex and CFDs on commodities, indices, and stocks. Once users have gotten up to speed on a demo account, they can easily switch to a live version. The MetaTrader 5 mobile app also provides many order types, including pending and stop orders. However, trailing stop-loss orders are only available from the desktop. To change the language of the MT5 app, you must change the language for your entire phone.

There is certainly room for enhancement, such as the introduction of 24/7 support, yet the existing offering should meet the needs of the majority of traders and can be considered dependable. Lime Fx offers access to multiple robust trading platforms, which include MetaTrader 4 (MT4), MetaTrader 5 (MT5), and Lime FxTrader. Lime Fx extends three types of trading accounts to suit diverse user needs – the Micro (MT4), Pro (MT5), and the Lime FxTrader account.

MetaTrader 5

Lime Fx clients with an MT4 account can also elect to become Master Traders. They can then trade as usual and earn additional income whenever others choose to copy them. Robust charting is provided by TradingView, featuring 11 time frames, 11 chart types, and over 100 technical indicators. Various drawing tools, from trend lines to Fibonacci retracements, are also available. Trading costs such as spreads are clearly explained on the Spreads and Conditions page.

The respective app versions are downloadable from the Google Play Store or App Store for Android and iOS-based mobile phones. Lime FxTrader offers a fine array of charting tools to allow for a smooth desktop trading experience. From trend lines, to crosshairs, to zoom tools, they offer a broad range for trading optimization. Lime Fx offers 33+ forex pairs, inclusive of majors (the EUR/USD pair, GBP/USD, USD/JPY), minors (EUR/GBP, GBP/CAD, AUD/CAD) and other exotic pairs.

Most of the trading tools and indicators offered via the desktop version are readily available on the mobile trading app. We will review some of the trading tools offered on the mobile trading app below. Lime Fx is best suited for both beginner and intermediate traders due to its easy-to-use platform, educational resources, and low minimum deposit requirement. The broker provides comprehensive trading tools and features that traders can leverage to optimize their trading strategies.

FTD 50% Bonus

Enjoy smooth and convenient trading with user-friendly interface on a fast and stable platform. The broker’s range of forex trading products is limited to MT4, MT5, and Lime FxTrader but still provides a service to every trading style thanks to the MetaTrader options. I was surprised most by the Lime FxTrader which is limited in comparison to MetaTrader but offered a unique technical analysis service which impressed me with the expertise of the analysis. The copy trading platform is also a bonus, which is the perfect opportunity to mirror the trades of 1,500 traders and leverage their experience to profit from leveraged markets.

Lime Fx forex broker account registration and verification

In terms of tools, traders can choose the most convenient platform among Lime Fx Trader, MT4, and MT5. With the mobile Lime Fx app, you can manage all accounts without downloading MT4 and MT5 on your phone. However, not all platforms have the same instruments available for trading. However, the range of available methods for the region where the review was conducted from is not very broad, as transfers and credit cards (debit) are not available. Still, the experience with cryptocurrencies was quick, successful, and efficient. In our review, the entire withdrawal process took less than 35 minutes.

• Since 2016, the MetaTrader 5 platform has been available, coinciding with the launch of educational content.
• CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
• Our market analysis service offers the latest currency rates, including EURUSD and GBPUSD, intelligent technical analysis tools, and daily market insights from our experts.
• Lime Fx mobile trading is also well catered for through their own mobile trading platform aside from the huge industry giants already mentioned.
• Lime Fx provides a fast service for its withdrawals by sending your funds within 30 minutes after being approved.

Trading Tools and Analytics

Here will have an account that is totally Sharia law compliant and benefit from the award-winning service of Lime Fx in the area. Until recently, the broker had also been regulated limefx company reviews by the FCA, however Lime Fx decided to voluntarily suspend their regulation here due to Brexit until the future situation of the UK becomes clearer. When it comes to regulations, Lime Fx is regulated by CySEC under #372/18, and by the regulatory body of Saint Vincent and the Grenadines under #19776.

There’s no question – if Lime Fx wants to compete with the best MetaTrader brokers, it needs to make improvements in its range of products and its research and education. For example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status. I was also pleased to see a risk score assigned to each trader, to help users differentiate between traders with historically conservative results versus those that have had more volatility and risk. It would be useful to be able to sort the columns from highest to lowest, but that feature is not yet available when looking at the Master Rating results page.

To properly increase their trading skills, the platform provides thorough instructional tools, including webinars, beginning and advanced trading https://limefx.vip/ videos, and trading glossary. Lime Fx also offers a demo account tool so that beginners may test trading with virtual money, therefore reducing risk. Easy navigation and fast trade execution made possible by the MetaTrader 4 and MetaTrader 5 platforms improve the trading experience even further.

• Lime Fx requires a minimum deposit of only $25, lowering the entry barrier for many traders.
• The broker also actively appears on Facebook, Twitter, and Instagram, offering still more means of communication.
• Online reviews have revealed that this isn’t quite significant enough to call the broker well regulated.
• During the account opening process, clients must choose a type of account.
• Its trading instruments are inclusive of forex, commodities, indices, cryptocurrencies and stocks.

Minimum Deposit

Available for Android and iOS smartphones, the Lime Fx MobileTrader app offers a flawless trading experience. The program showed amazing capability during testing, letting users access more than eighty trading instruments and make swift trades. With 30 technical indicators and 15 drawing tools, the app allows efficient chart analysis right away. With competitive spreads, high leverage options, and robust security measures, Lime Fx strives to provide a comprehensive trading experience tailored to diverse needs.

Read our full explanation and accounting of our research and testing process to learn more about how we test. Use our country selector tool to view available brokers in your country. The figures below reflect the available leverage at the offshore entity of Lime Fx.

Additionally, approximately 30 cryptocurrency assets are available (also during weekends). In 2012, it started organizing courses, and in 2013, it introduced its first bonuses. As part of its expansion, Lime Fx launched a program for Introducing Brokers in 2014 and introduced the cTrader platform (currently unavailable).

Scalping, hedging, and the use of expert advisors (EAs) for algorithmic trading are permitted. For instance, arbitrage trading is prohibited under their Customer Agreement. Lime Fx does not provide services to citizens of the United States (US) and residents of Canada, Spain, Belgium, India, Iran, Myanmar, North Korea, Pakistan, the Philippines, the United Kingdom, and the US.