Lime Fx forex broker review

However, without your cooperation and responsiveness, it’s challenging for us to offer a meaningful resolution.We urge you to respond to our communications so that we can assist you effectively. Your satisfaction is important to us, and we are here to help.Thank you for your attention to this matter.Lime Fx Team 🚀BIG. Hello Abjeet, Thank you for sharing your feedback about the demo competition. We understand your frustration regarding the delay in receiving your prize.

We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. Lime Fx has 3 types of commission-free account types, including a micro-lot trading account, making the broker a good choice for beginners. All accounts promise no requotes or rejections, fast execution and unlimited access to MT4 and MT5 including expert advisors. From what i’ve seen, Lime Fx has 100% guarantee on order execution, 99.35% of orders are executed in less than 1 second. Lime Fx covers all my commission costs, at least so far.The instrument amount very impressive.

MetaTrader 4 on Lime Fx is tailored for forex traders looking to develop and execute automated trading strategies. Lime Fx offers traders the choice between MetaTrader 4 (MT4) and MetaTrader 5 (MT5), each catering to different trading needs. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. If you have experience trading with Lime Fx please share your personal review of the broker and what you think are strong and weak points.

Lime Fx forex broker review

The broker has about 10M traders using their platform, which says a lot about their honesty. The two features we found particularly useful during our review, were the Discover and Trade Ideas. These offer useful market sentiment data and insights to help inform the decision-making process. We found several features useful, namely the forex calculators, exclusive technical indicators and VPS hosting. Global investors can also access copy trading, where they can mirror the trades of strategy managers with performance metrics to help them find the right provider for their goals. Another bonus for us is that the paper trading account does not expire, so you can make use of it alongside your real-money account.

If you are in Europe or the UK you will have the option of a Zero Account where you can access to spreads as low as 0.1 pips + commission. Specifically, for the EUR/USD and AUD/USD pairs, Lime Fx’s average spread is 1.60 pips, which is in line with the industry average, though not the lowest on the market. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.

The fabric of Lime Fx is woven with over 900 professionals, each imbued with extensive, long-standing experience in the financial industry, enriching the firm with unparalleled expertise and insights. Lime Fx, with its vast resources and specialized knowledge, is adept at steering every trader towards realizing their investment aspirations, a characteristic feature of a substantial and influential broker. When venturing into the extensive realm of forex trading, a demo account emerges as the quintessential starting point for those who might be navigating the seas of currency exchange for the first time. This meticulously designed feature serves as the gateway to unraveling your inherent trading capabilities, allowing you to dip your toes into the vibrant forex market with a sense of security and understanding. In addition, once the form is complete, Kenyan traders must complete the KYC process where they must submit proof of identity and residency. Once the information and documents have been compared and verified, the account will be approved, and traders can deposit funds to start trading.

The Trustpilot Experience

With Lime Fx’s MultiTerminal platform, Kenyan traders can manage numerous accounts from a single screen. With the MT4 platform, Kenyan traders can expect a familiar trading experience, but with much more power and capacity. That said, Lime Fx falls behind with its limited pricing, range of markets, and platform offering — none of which can compete with the best brokers in this space. Lime Fx Group is a trusted MetaTrader-only broker that offers an outstanding selection of high-quality educational content and market research. Lime Fx offers guaranteed negative balance protection across all accounts, ensuring traders don’t owe more than their account balance.

MetaTrader 5

If you have traded with Lime Fx we would really like to know about your experience – please submit your own review. Compare the markets and limefx scammers instruments offered by Lime Fx and its competitors. Please note, some markets may only be available via CFDs or other derivatives. Compare Lime Fx with the top 3 similar brokers that accept traders from your location. The firm is authorized by tier-one regulators, has received dozens of awards and proved itself to be a reliable forex and CFD broker during our tests. Our team also didn’t uncover reports of major scams or safety issues during their research.

Lime Fx offers a choice of accounts to limefx scam suit different trading styles, budgets and experience levels. European and UK clients, for example, can access the Ultra Low Micro, Ultra Low Standard or Lime Fx Zero accounts. Global clients, on the other hand, can open a Micro, Standard, or Lime Fx Ultra Low account.

Lime Fx forex broker review

Forex Risk Disclaimer

  1. I have all the proof to show that I have an account and conversations with them.
  2. The broker charges minimal fees, unlike many other forex brokers on the market.
  3. Investor protection is important because it provides confidence to potential investors that their money is safe and protected.
  4. To make a deposit, you simply need to log into your trading account and go to the deposit option.
  5. 👉 Commissions are charged when Kenyan traders register and use the Shares Account.

Trading with Lime Fx can be done from any web browser using the MetaTrader 4 WebTerminal, which does not need any additional software to be downloaded. Kenyan traders can place pending and market orders on both Live and Demo accounts, as well as see their full trading history. This means that the trader could incur an overnight or rollover fee.

To deposit funds in an Lime Fx trading account, clients can use credit cards (Visa and Mastercard), debit cards, bank transfers, Western Union or e-wallets. This design provides a seamless and consistent trading experience across different devices, allowing traders to manage their activities efficiently while on the move. These apps, compatible with a variety of devices including iPhones, iPads, and Android phones and tablets, ensure that mobile users have unrestricted access to all market types and order options. Lime Fx’s mobile trading apps, available for both MetaTrader 4 and MetaTrader 5, offer full functionality, mirroring the capabilities of the desktop and WebTrader platforms. The commission fee of $3.50 aligns with the industry standard, as seen with brokers like IC Markets, Pepperstone, and FxPro, all charging an identical rate. However, certain brokers like Lime Fx and GO Markets are slightly more competitive when it comes to commission costs.

Fund your account with Lime Fx and receive Bonus up to $5000

Lime Fx.com offers an excellent breadth of 1000+ instruments, with trading opportunities on popular asset classes, including forex, stocks, indices, commodities and cryptocurrencies. Yes, Lime Fx is regulated by the Financial Services Commission, ASIC, and CySEC. Lime Fx is regulated by tier-one financial regulatory agencies, which ensure that it adheres to best practices when dealing with clients.