Lime Fx Review 2024 Key Features, Pros, and Cons

/by

You also have a track record of the trader’s order history, giving you a transparent insight into the trader’s performance. You have a selection of alerts you can receive, so I set it up to show all trading signals like candlestick patterns and chart patterns such as head and shoulders. I found the signals to clearly demonstrate the trading idea and the market commentary is a nice touch to help explain the move.

The “Space” section allows users to see posts on various topics directly on the web, but the configuration for the topics is set in the mobile app. To withdraw the bonus, the client must trade a number of lots equal to half of the bonus amount. For example, if the bonus totals USD 400, the client must trade 200 lots to be able to withdraw it. The threshold to access the bonus is high and requires a substantial trading volume. The Lime Fx dashboard clearly displays the progress of these lots and the application of the bonus in a detailed manner. Accessing the bonus is a straightforward process and can also be configured automatically.

  • In 2022, trading over the weekend was allowed due to the rise of cryptocurrencies.
  • Lime Fx has proven to be a reliable broker with a responsive customer support team.
  • 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.
  • In addition, Lime Fx’s website features a comprehensive FAQ section, providing answers to common queries and offering further support for users.
  • The web-based Lime FxTrader platform is a beginner-friendly and convenient alternative.

Contests, Giveaways, and, Bonus Offers

We see you are very pleased with service from Lime Fx trading platform. Their tools are intuitive and their market insights are highly useful. Lime Fx provides over 25 payment methods, offering partners flexibility when receiving payouts. Lime FxVision analyzes your trading activity and provides detailed scammed by limefx metrics, helping you recognize patterns, strengths, and areas for improvement in both individual trades and overall performance.

Leverage

Their user-friendly platform and thorough market analysis have made navigating the financial markets effortless. Lime Fx seems to be hitting all the high marks for you – reliable service, user-friendly platform, and top-notch market analysis. Most payment methods are processed quickly, ensuring fast execution times for both deposits and withdrawals. Lime FxVision offers comprehensive performance analysis, allowing traders to track, visualize, and assess both individual transactions and full trading days.

  • For more advanced traders who require even tighter spreads, Lime Fx offers ECN accounts on the cTrader platform.
  • In such cases, if the account balance turned negative, the credit from the bonus would be automatically cancelled, preventing the account from going negative.
  • No, Lime Fx offers zero commissions on trades, as well as no deposit or withdrawal fees.
  • The broker takes advantage of some of its clients being domiciled in regions that still permit promotions, and those clients can benefit from a range of offers.
  • The AutoChartist plugin for MetaTrader is available to clients with $1,000 or more in their accounts.
  • From our assessment, Lime Fx emerges as a broker that proves itself to be reliable and conducive to traders, making it a viable option for consideration.

With trading costs being a significant determinant of success or failure, the broker is right to emphasise what a help this could be. The Copy Trader account area requires separate funding and comes with its own dedicated app. The app has been downloaded more than 5 million times, with a 4.5 star rating out of 5, which is impressive indeed. Lime Fx is a global broker, who offers a new take on certain aspects of the retail brokerage space. Founded in 2011, its products are available through Lime Fx.com and Lime Fx.eu.

One question that arises during the review is what happens with the bonus (credit) if the account balance falls below zero. In such cases, if the account balance turned negative, the credit from the bonus would be automatically cancelled, preventing the account from going negative. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. The process is typically uncomplicated and can be accomplished via the user-friendly interface of the Lime Fx trading platform. On the negative side, some traders may find that certain features could be enhanced, and there could be restrictions on certain trading preferences.

What currency pairs are available for trading on Lime Fx?

The broker introduced the “Status Program” to cater to Indonesian traders’ loyalty and trading activity. According to the broker’s spreads and conditions, swaps do not apply to major instruments such as EUR/USD, NASDAQ, Bitcoin, etc. The software’s intuitive layout, designed with simplicity, allows traders to locate and follow signal sources based on personalized criteria easily. This feature enables Indonesian traders to build well-informed portfolios, improving their trading efforts.

The About Us page does a good job of sharing the company’s mission and history through a series of milestones over the years. This section will cover how the different entities of Lime Fx are regulated and how this impacts you as a trader. We rate regulators on a scale of 1 to 3, with 1 reflecting the highest level of trust. Customer support is responsive, and I haven’t faced any withdrawal issues. I just wish they had everything on one platform and I don’t have to download two apps to access the copy trading and normal trading platform.

Lime Fx Broker Analysis: Why the U.S. Dollar is Struggling Amid Global Trade Turmoil

Opening an account with Lime Fx is done online with a few simple steps which enable you to set up a real or demo account. The process also gives you plenty of information about trading in forex markets. One way in which Lime Fx leads the sector is its willingness to share data on its own operations.

In my tests, I received speedy responses—the same day for email and a wait of just a few seconds for live chat. Despite the lack of phone support, I rate Lime Fx as average in this category. By pressing ‘set up copying’, the orders of the Master Trader will be copied automatically. Traders have complete control over the process and can stop copying anytime.

Brokers By Country

Using Lime Fx allows clients to trade in micro and mini lots on its platforms, which is particularly beneficial for new traders or those seeking a more cautious approach in their risk-management strategy. In 2022, trading over the weekend was allowed due to the rise of cryptocurrencies. After more than 10 years in the market, the company claims to have opened over 40 million accounts, received more than 70 awards, and paid out over 33 million USD in bonuses. In addition, the broker offers a rebate program that is especially attractive to traders. This scheme allows traders to recoup a portion of the trading spread or commission they paid when placing or closing an order. These additional funds may be used for trading, allowing traders to strengthen their positions and strategies.

This focus on risk mitigation and security has helped https://limefx.name/ the broker maintain a stable and reliable trading environment for its global clientele. Lime Fx (formerly Lime Fx) is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilized by clients from 180 countries with more than 40+ million trading accounts.

Furthermore, the demo account extends a golden opportunity for Indonesian traders to partake in the exhilarating Champion Demo Contest, wherein the prospects of securing real monetary rewards await. The Lime Fx website features a robust economic calendar, including the time, date, country, actual figure, forecast figure, previous figure, and anticipated market impact of a given economic release. Robust charting is provided by TradingView, featuring 11 time frames, 11 chart types, and over 100 technical indicators.