Lime FxFX Review 2024: Is This Forex Broker Legit or a Scam?

However, third-party payment processors may impose their own fees, especially for international transactions. limefx website Withdrawal methods are similar to deposit methods, with the addition of a few other options like Perfect Money and other local payment systems, depending on the trader’s country. Withdrawals are typically processed within 24 hours, though some methods may take longer. For more personalized assistance, Lime FxFX provides phone support for clients in various regions. This allows traders to have direct conversations with the support team for urgent or complex issues.

Nice platform

• This helps traders stay updated with global market events and make timely trading decisions.
• Even at 0.90 pips, I found it’s roughly 18% cheaper than my industry average tests of 1.11 pips for EUR/USD, positioning Lime Fx as a low-spread broker.
• Still, we don’t recommend you open trades without careful analysis and applying tactics to reduce the risk.
• Most clients have reservations about the company’s legitimacy.
• Overall, Lime Fx provides good flexibility in terms of conditions, platforms, and instruments it proposes.
• A low spread andminimum depositas well as its own copy trading service make it perfect for many.

In the fast-paced universe of stock markets and trading, you’ll need advice to make educated decisions. A professional, direct investment online trading platform could help you in minimising any losses and maximising any returns. It is crucial to understand all you can about any broker until you trust them with your cash. One of Lime FxFX’s standout features is its comprehensive educational resources, which are especially valuable for new traders. The broker offers a range of tutorials, webinars, and courses, all designed to improve the skills and knowledge of traders.

Cost Structure and Fees

After 324 reviews, Lime FxFx holds a rating of 2.997 out of 5 stars on Forexpeacearmy. The video course provides a sound introduction to forex and forex trading, helping beginner traders to grasp things quickly. While the free webinars allows clients to learn from veteran traders one-on-one, at a scheduled time. For articles, a handful exists bordering a wide range of topics ranging from risk management procedures and trading techniques. Clients can initiate a withdrawal by logging into their trading accounts and clicking on the withdrawal option, visible on the homepage.

Lime FxFX Affiliate Program Features

Renowned European countries such as Estonia, France, Finland, Germany, Greece, Hungary, India, Ireland, Israel, and Italy are directly involved in Lime FxFX investment. Lime FxFX includes many more countries, including Kuwait, Malaysia, Malta, Mexico, Monaco, the Netherlands, Norway, Latvia, and Liechtenstein. However, Lithuania, Luxembourg, Oman, Poland, Portugal, Russia, Saudi Arabia, Slovakia, Slovenia, South Africa, Sweden, Spain are still trading here. Lime FxFX allows direct deposit transactions to Switzerland, Thailand, the United Arab Emirates, the United Kingdom, and Qatar. The current market situation is quickly available in the MetaTrader 4/5 mobile application. The application is, of course, used for FX trading, and it can be said to own a few powerful charting of all mobile applications.

• A great user experience is crucial for every trading platform to build and maintain their customer’s trust.
• The sorts of trading charges and the prices differ from broker to broker.
• I cannot tell you what will lure YOU in as I don’t know your preferences.
• Even though the spreads can also be very low on MT4, and MT5 accounts, as low as 0.2 pips.
• It’s worth noting that Lime Fx’s primary execution venue is one of its own entities in St. Lucia.

Deposit bonus

Yes, Lime FxFX has a mobile application, so traders and investors can quickly get the advantage of working on the trades and positions from the comfort of their phones only. You can open a demo account accordingly by looking at the offers. It is very easy to open a demo account with Lime FxFX, and you will get this account quickly. To open an account, you need to use your name and email as well as a strong password. If you do not provide your full name and email address, the account will not be created.

The only thing you will need to do is check the “Swap-Free” box during the initial account sign up stage. Lime FxFX does have a reputation in the financial industry for offering one of the best Islami accounts. The firm’s accounts are Shariah-compliant and no interest will be charged on overnight positions. To help support traders currently impacted by COVID-19 across the limefx world, Lime FxFX is reducing spreads to enable higher profits. Therefore, traders looking for the best fees in addition to more tradable instruments should consider the MT5 pro account. Exact spreads and commissions will vary depending on the account type you hold.

In our experience, the support via chat is perfect for a fast and competent answer, often time the support will reply within a few minutes. You can use the MetaTrader Supreme Edition platform to improve your business because the most advanced tools are applied here. You can try using live and free demo accounts to enjoy this platform. Lime FxFX MT5 and MT4 have powerful global widgets for feedback.