Still as a trader, you can bank on the legitimacy and security provided by CySEC regulation. Overall great value with a choice of more than 70 assets to trade. We can say with confidence then, if you like trading with an ECN broker and are looking for a fast, low-spread environment, Lime FxFX would be a top choice. For Lime FxFX this includes the fact that they have only a limited number of assets available to trade in. My name is Bontle Phike, I traded with Lime FxFX I am still waiting for my withdrawal till today. I am still waiting till date, my account manager is Jason and the Agent is Robert Wesley.
Review Methodology
If you’re a new user, open a new live trading account first. Consider any on chain transaction fee for cryptocurrency withdrawals that are not charged by the broker directly within your overall assessment. Due to the fact that these accounts will charge you a percentage of the profits made on your account, some try to maximise their potential profit by asking for high minimum balances to copy.
Lime Fx also offers you its proprietary limefx mobile app the Lime Fx Trading App. This allows you to manage your trading accounts and finance. The Web Trading platform provides useful features for advanced traders like single-click trading. Meanwhile, it has limited advanced order functionality and chart views. Thus the web platform is more perfect for beginner traders.
The bonus is also available to traders in South Africa, we did not find any end date for this promotion. You can download the MT4 and MT5 on iOS and Android mobile trading apps directly from Apple Store or Google Play. Alternatively, you can also download them from the Lime Fx website that offers step-by-step useful installation instructions.
The globally recognized trading platforms like MetaTrader 5 and MetaTrader 4 are offered by Lime Fx for trading through Web – Windows and Mac and Windows Desktop. The spreads for most instruments are about the same with both the account types at Lime Fx. There is not much different in these account types other than the platform. If limefx scam you want to trade on MT4, then choose MT4 account, but if you prefer MT5, then choose MT5 account.
How can you Deposit and withdraw with Lime FxFX?
After using the platform for over 1 month, here’s my review – The platform is perfect, leverage is good, spreads are lowest and most importantly, the withdrawals are quick. It took only a few hours for withdrawals to credit to my bank account. Lime FxFX is regulated by the Cyprus Securities and Exchange Commission (CySEC) and registered with the Financial Services Authority of St Vincent and the Grenadines (SVG FSA). This simple step will ensure your transaction is legal and guaranteed.Withdrawal of funds from your real account requires email confirmation, so no one but yourself can access your account.
It’s a good idea to verify your account before depositing funds too. By doing that, you’re being proactive and getting everything in order ahead of time. It helps avoid any potentials or problems when you want to withdraw your hard-earned profits later on. Passionate in contemporary global financial issues, I’m currently active in researching topics on forex, trading strategies, and cryptocurrency. Available to work on various scopes related to trading; from beginner’s guide, technical analysis, broker guides, to fundamental insights. Lime Fx is an international Forex broker that operates worldwide.
Popular Forex Guides
Founded in 2011 in Cyprus, Lime FxFX is a well-regulated broker with oversight in place from CySEC and SVG. They provide ECN execution which is popular among scalpers for its high speed. The broker also offers copy trading services an accessible minimum deposit.
- It’s built to be more advanced and flexible compared to MT4, offering better charting tools, more order types, and the ability to trade on multiple markets at once.
- Should you need it though, the customer service team is available through live chat, phone, and email to deal efficiently with any problems that may arise.
- Applications for opening a new account are processed online.
- 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).
Applications for opening a new account are processed online. Trading platforms offered by Lime Fx are MT5 & MT4, and they don’t offer cTrader, but they have their own proprietary platform – Lime FxTrader. The choice of platform is tied to the type of account chosen.
The modes of making deposits and withdrawals are limited for South African. Their trading assets are also restricted in comparison with other brokers. Lime FxFX generally does not charge commissions on deposits, but conversion fees may apply if depositing in a currency different from the account base currency. Founded in 2011, Lime Fx holds a regulatory license in Europe via its Cyprus-based entity – Lime Fx Markets Cyprus Ltd – which is regulated by the Cyprus Securities and Exchange Commission (CySEC).
Deposit Fees for Lime FxFX Trading Accounts and the Various Methods of Funding
The Lime FxFX deposit methods features and fees are listed below. An experienced media professional, John has close to 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. Lime Fx’s market research is well organized and varied in its content. 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.
This means you can open positions with as little as $1,000 and this amount can be further reduced if you are trading on leverage. The slight difference between ECN and DMA in terms of the liquidity provided is that the typical ECN brokers liquidity providers are not known. As a trader, you will find a range of features available at Lime FxFX to suit your needs. Here is a closer look at a few of these features and how they can benefit you as an Lime FxFX trader. Unlike most brokers, Lime FxFX does not charge any kind of inactivity fee. Here is a look at a couple of other fees that you may encounter when trading with Lime FxFX.
It’s worth mentioning that the broker does have a blog and a YouTube channel, yet I was still left wanting more. Lime Fx does have a proprietary app for social copy trading (the Lime Fx Copytrading app), yet it still trails behind industry leaders such as IG and Saxo. Check out my picks for the best mobile trading apps in the industry.
Opinions, market data, and recommendations are subject to change at any time. If you want to deposit in Lime FxFX, the process is quite simple. You can make online transactions through your debit or credit card. The platform also allows you to deposit through Neteller, Skrill, BTC, and wire transfer.
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. Lime Fx has over 50 different payment options, such as Visa, Neteller, Fasapay and bitcoin, as well as a large variety of local bank transfers. The availability of these payment methods may also depend on your country of residence.