This feature gives users the opportunity to automatically copy leading traders and learn different trading strategies from them. Clients can, on creating and funding an account, find, follow and copy these leading traders at will. Most clients with high volume accounts have an adverse opinion about the company. They complain of Lime FxFx being a scam broker, denying them withdrawals and going on to block their accounts. After 324 reviews, Lime FxFx holds a rating of 2.997 out of 5 stars on Forexpeacearmy.

Lime Fx FX Charting and Tools

Given this robust regulatory oversight, traders using HYCM can enjoy some of the best trading conditions without worrying about the safety of their investment. Lime Fx is one of the best forex trading brokers, providing top-notch FX products, competitive pricing, and an excellent range of online forex trading tools. It is also one of the very few companies that are supervised by multiple regulators, making it a safe and secure brokerage for FX and CFD trading. There are several reasons why we chose Lime Fx over some of the other best forex trading brokers in the market.

I have been trading since 2021

I find them to be the quickest and easiest way to move funds between my trading accounts. The accounts can be opened in a limited choice of currencies, USD and EUR. I think they could improve by adding support for more currencies as the different options are beneficial because conversion fees do not apply when using an account in https://limefx.group/ your own currency. Secure SSL encryption helps make your information confidential and inaccessible to third parties. 3-D Secure technology adds an authentication step for protecting your online VISA/Mastercard payments. MT4 is ideal for new traders and more experienced traders who require a simplistic yet sophisticated platform.

Education at Lime FxFx

Each year, we collect thousands of data points and publish tens of thousands of words of research. Our reviews also cover the mobile platform options offered by brokers, such as the availability of Android and iOS apps and their real-time performance stats for smartphones and tablets. We even look into whether a company’s web browser-based app works well on a mobile browser. As promised in the beginning, here is the section with a brief outline of the methodology we use to compile the best forex brokers reviews on our website. We pay special attention to understanding the intrinsic features of the different brokers and use several parameters to rank them according to their real-world performance.

Stock Market Forecast

Their spreads with this account are lower compared to the MT5 account. The fees at Lime Fx are moderate in comparison with other Forex brokers. Lime Fx has spreads only accounts for traders (no commission based accounts for FX traders). These are variable depending on the trading account you choose with them. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how derivatives work and whether you can afford to take the high risk of losing your money.

1. We are thrilled to know that you found our service to be very helpful and user-friendly.
2. Unlike many other brokers, the bonus at Lime Fx can be withdrawn once you meet the specified trading requirements of number of lots traded.
3. Lime FxFX is licensed and regulated by FSA SVG license number #19776 IBC 2011.
4. From opening an account, to making your initial deposit and understanding leveraging are just some of the points covered.
5. We tried to go through the process of opening and funding an account as an Australian resident (where we are located).
6. Lime Fx also has modest minimum deposits, which is perfect for inexperienced traders.

Payment options include VISA, AWEpay, bitcoin, FasaPay, local bank deposits, local bank transfers, Neteller, Paytm, Skrill, UnionPay. Crypto markets are only supported on accounts that use the MetaTrader platforms. Lime Fx offers 5 crypto markets like bitcoin, ethereum and litecoin — this is a limited range. On the upside, those markets that are available are traded using the MetaTrader platforms, so at least the quality of service is guaranteed to be high.

Today’s modern trader seems to be looking for a little more, and many are turning to ways of making online trading more competitive. Rather than just competing against the markets, traders are enjoying competing against each other in the range of contests that are now available. We’ve found one particular broker with plenty to offer those of you looking for a more competitive edge. The modes of making deposits and withdrawals are limited for South African.

Some of these educational webinars could be useful, but they are only really suitable for absolute newbies.If you want advanced trading education, look elsewhere. Their live chat team is mostly based in St Lucia or Cyprus and is 24/7. The customer service reps seemed not to be trained to handle very basic questions, so we imagine if you have a complex inquiry, you will be pulling your hair out.

️ A choice between overnight fees or converting the account to an Islamic Account to be exempted from these fees (subject to approval). Lime Fx also employs secure withdrawal rules where the trader must confirm all withdrawals through email confirmation. There is also 3D secure technology used when credit and debit cards are processed, ensuring that all Visa and Mastercard transactions are both safe and transparent. Joey Shadeck is the Content Strategist and Research Analyst for ForexBrokers.com.

However, forex trading is not easy — the majority of traders lose money. IG is a leader in education, making its IG Trading mobile app the best forex trading app for beginners in 2024. IG also offers the popular MetaTrader 4 (MT4) app for traders who prefer the MetaTrader experience. Traders at IG also gain access to IG Academy, the broker’s standalone educational app.

The broker only offers a spread-only account with spreads from 0.6 pips, if you are hoping for RAW spreads then you will need to look at other brokers. To trade you can choose between MetaTrader 4 and MetaTrader 5 trading platforms, both platforms are excellent options but many brokers in the market offer these options. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. 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.

To login in, your email, password and captcha verification is needed. Aside from the products and services already discussed in this review, Lime FxFx offers more. In this section, we are going to be looking at these extra products and services. The company’s educational library is well maintained and offers rich learning resources that includes webinars, articles, platform limefx company reviews tutorial videos and a video course. Account security — in line with the guidelines provided by the better regulators, Lime Fx keeps client funds in segregated accounts. Electronic access and communication is also protected by a ‘SSL-secured Personal Area’, which has 128-bit encryption, and makes your browsing safe and your data inaccessible to any third parties.

There is a minimum payment amount of $50 that you will need to take into consideration. We always like to make mention of the available bonuses when writing our reviews. Those of you interested in signing up with Lime FxFX will be pleased to learn that there is up to 50% being offered on every deposit made. It does, of course, come with terms and conditions, but these are clearly explained in the offer.

Start your journey to becoming a proficient indices trader and explore the limitless opportunities that the world of index trading unfolds. While some people praise the broker wholeheartedly saying it’s one of the best online trading brokers, others say it is no scam but is poorly managed. However, there are a good number of posted reviews of people denouncing the broker for withdrawal problems and bad trading experience.

The platform supports trading forex pairs, commodities, indices, cryptocurrencies but not stocks. The account is available on both MT4 and MT5 trading platforms, and comes with market execution. Dear Afzanfaez Ashan,Thank you for the high rating and for sharing your positive feedback about our Lime Fx Trading platform. We’re thrilled to hear that you find our platform very user-friendly and that it enhances your trading experience with its competitions, gifts, educational resources, and professionalism. Providing a safe and secure environment for our clients is our top priority, and we’re glad to know that you feel supported in that aspect.We appreciate your recommendation to both new and existing clients.