Execution is faster than the speed of falling comets during shooting stars season, thank you guys for that. Lime Fx does not have a proprietary mobile app, though MT4 can be downloaded to Android and Apple devices. The mobile application has proven to be stable and reliable during testing. I’ve also read much of the educational content and was struck by its bland delivery with long-form text and limited videos or engaging elements like quizzes, all of which could elevate the learning experience. Placing a trade is a quick and straightforward affair that can be completed in a couple of clicks via the ‘Market Watch’ window or even more smoothly by turning on one-click trading. It was simple to complete the demo registration process within the client portal with the benefit of not having to complete any identity verification requirements.
- Lime Fx’s trading account is also available without a swap, upon request.
- Perhaps, it’s one of the most significant characteristics for traders.
- Lime Fx lacks more trading tools, like CFDs on stocks for example, which became so popular recent days.
- Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.
However, this is still a powerful platform that will provide everything needed for experienced traders to conduct technical analysis while also being intuitive enough for beginners to pick up easily. On the downside, Lime Fx supports accounts in just a few currencies (USD, EUR, GBP), with USD only for wire transfers. As a comparison, Fusion Markets offers 10 deposit currencies, which can help prevent the need for often costly conversions.
Positive experience so far
However, profits can only be withdrawn to a bank account or a crypto wallet. Bank transfers are subject to a US$500 minimum threshold and incur fees in excess of US$30. Lime Fx supports the MetaTrader 4 platform, made popular through its support of trading robots. Lime Fx welcomes all trading styles, including hedging, scalping, and arbitrage, and places no restrictions on your use of Expert Advisors. Here is a screenshot of the Lime Fx quotes during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads. Honestly, I was having a lot of doubts before I started working with this brokerage company because I have not heard a lot about them.
Pleasant spreads to trade
I could not find any problems with the quality of their services. One operates out of Vanuatu, where international clients have a trustworthy and competitive trading environment. Lime Fx also maintains a presence in Cyprus for EU-based clients under the uncompetitive ESMA regulatory framework. Lime Fx offers traders the core MT4 trading platform without third-party upgrades. Lime Fx offers a decent selection of payment methods including standard card and wire transfers as well as crypto and e-wallet solutions. This is a convenient range and I was especially happy with the inclusion of crypto payments as these are highly flexible and should work for traders based almost anywhere.
I appreciate Lime Fx has Metatrader 4 as…
The swift online application at Lime Fx requires a name and e-mail. Clients may limefx broker reviews also use their Facebook or Google accounts to open an account. Since Lime Fx is a regulated and fully compliant broker, new traders must pass account verification per AML/KYC stipulations. A copy of the ID and one proof of residency documents usually satisfies this final step.
The overall trading environment at Lime Fx features a low cost structure and competitive asset selection, . Lime Fx lacks more trading tools, like CFDs on stocks for example, which became so popular recent days. Customer support is available 24/5 via e-mail, webform, phone, fax, and live chat. The FAQ section answers many of the most common questions, and Lime Fx is transparent about its products and services.
Our broker ratings are also informed by the experience of our researchers during the evaluation process. I am pretty excited with the experience on this trading platform. It looks interesting, because there is a fast execution that ensures no slippages and requotes occur. Sometimes, maybe when there is a big load of traders and millions of trades are executed simulateonsly, thre might be delays, but if you work with pending orders during such periods, then no worries.