Lime Fx Review 2025: Read Before You Trade

However, the website recommends maintaining a $100 balance in your account to have a financial backup in case your trade goes sideways. Your deposit is likely to arrive in your trading account in around 1-3 hours after depositing, depending on your payment method. However, your bank or intermediary financial institution might do so. To limit fees on currency conversions, it’s recommended that you open a trading account in the currency that you use the most. Otherwise, you can directly start with a real trading account, where you can directly start trading using real money. You can also switch the real trading account to a demo account at any time, from your personal area once your account is verified.

All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. Opening an account with Lime Fx is a relatively straightforward process.

The spread for all available currency pairs offered by Lime Fx – including major, minor and exotic pairs are listed in the table below. Lime Fx offers 33+ forex pairs, inclusive of majors (the EUR/USD pair, GBP/USD, USD/JPY), minors (EUR/GBP, GBP/CAD, AUD/CAD) and other exotic pairs. Clients are allowed to trade their favorites, and at that, with low spreads. Lime Fx provides various special tools and features that improve the trading experience outside of traditional platforms and typicall tools provided by the research avialable on site. Here are few more additonal features that are available aminly on Intrrnational branch.

Research tools provided by Lime Fx include a well-detailed economic calendar which keeps you updated with all significant economic events and how they may impact you. First off, you will notice when you are trading at Lime Fx that the broker website has a huge FAQ section which in itself covers a range of topics with dozens of answers to the most common questions. It also provides for detailed analysis with market reports and more to offer. During this period you will be featured on a leaderboard for your virtual trades with the aim to reach the top where real prizes of up to $1,000 withdrawable money on MT4. https://limefx.biz/ Overall, this is an excellent hybrid combination that can secure the best market prices, lowest spreads, and fastest trade execution.

These licenses do not include any compensation scheme, and if the broker goes bankrupt, there are no guarantees for you to get your money back. The tools include a profit calculator where you can accurately calculate your returns after deducting the spread or other fees, an economic calendar, and a trading terms glossary. You can read market insights that are available using the app, and you can conduct any deposit/withdrawal using several payment methods that are used worldwide.

How are Execution, leverage and position sizing with Lime Fx?

To change the leverage on Lime Fx, users first have to login to their trading account. Set a new leverage by clicking on the leverage ratio in the primary account section, choose preferred new leverage and press the change button to save. No, the broker does not offer real shares as part of its trading instruments. You can access the broker’s copy trading service by downloading the copytrading app. The broker’s login process begins with a visit to the official site, Lime Fx.com, on desktop or a click of their app on mobile.

These resources are crucial for developing a solid foundation in trading principles and practices. In our review, the execution quality was positive across all accounts. Entry and exit orders were executed as intended, with only minor slippage observed.

JustMarkets Trading

There are other broker platforms that charge zero pips and low or zero commissions. However, these pricing structures often come with other costs, such as high inactivity fees. We didn’t give Lime Fx a high score for customer service for one simple reason. Their customer support team is available through live chat, email, and social media.

Overview of Trading Platforms

First, we were greeted by a chatbot that provided us with answers to FAQs. Later we asked a few trading-related questions to customer support agents and received swift and professional responses. What’s more, you can send the broker an email, call or request a phone call. Offering outstanding customer support is vitally important for any organization that provides services to a large pool of customers. Lime Fx understands this simple truth and provides clients with a professional and friendly team of customer service specialists.

Islamic Account:

• The broker offers reasonable times to process your deposit and withdrawals.
• MetaTrader 5 is indeed a high-capacity trading terminal that comes bundled with many advanced functions.
• You simply start following some pro trader you’ve picked, and Lime Fx CopyTrading app automatically copies their trades.
• According to data, traders using Lime Fx’s educational content tend to make a larger profit which is indeed a benefit.
• Coming to assets, the company offers a wide array of tradable assets, allowing clients to pick their favorites and suitable ones for trading.

To change the language of the MT5 app, you must change the language for your entire phone. As with the desktop and web platforms, the interface is not highly intuitive, but the MT5 app offers an above-average range of features. In terms of tools, traders can choose the most convenient platform among Lime Fx Trader, MT4, and MT5. With the mobile Lime Fx app, you can manage all accounts without downloading MT4 and MT5 on your phone. However, not all platforms have the same instruments available for trading. Lime Fx offers trading accounts denominated exclusively in US Dollars (USD).

Lime Fx Pros and Cons

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. Traders conduct all financial transactions from the secure back office, and Lime Fx does not charge deposit or withdrawal fees. Third-party costs may apply, and I recommend traders check with their preferred provider.

They are fees necessary for trading, which users must  pay before or during trading. At Lime Fx there is an option to submit for a Demo practice account and use the unlimited sources to polish strategy or get to know platforms and Lime Fx conditions better. Account opening isnt hard, alike in our tests we opened Demo account in a matter of minutes you just have to follow simple  submit on website and get started.

The MT4 demo account will expire after eight days with no trading activity and the MT5 demo account after 30 days. The flexibility of MT4/MT5 allows traders to select their deposits and leverage, creating more realistic demo results. 74% of clients give the broker a 5 star rating, cementing its place as one of the best forex brokers. In their review, they claim their European entity being largely unregulated is a red flag. According to a member on Reddit, Lime Fx occupies the security commission’s list of platforms to avoid. However, some users have appraised the company, claiming they had good trading experience and fast withdrawal.

Known for its competitive spreads and user-friendly interface, JustMarkets caters to beginner and experienced traders. MetaTrader 4 (MT4) is generally considered the most popular Forex trading app, especially among experienced traders. Lime Fx is based in Saint Lucia but has multiple entities outside of Saint Lucia to provide financial services to clients in 180+ countries. Depending on where you are from, you can open an account with a different entity that is regulated by either CySEC, MAS, or FSC. For experienced traders, or beginners looking to develop further, Lime Fx also provides resources to learn 12 trading strategies including chart patterns like wedges and candlesticks like the hammer.

• Lime Fx allows traders to practice as much as they want in demo trading, and one user can open as many demo accounts as they want, there are no limits in this regard.
• I like that Lime Fx offers several cryptocurrencies, but I am missing more third-party payment processors and localized options, especially for its core markets.
• It is essential to be fully aware of these risks before engaging in any trading activity.
• Lime Fx offers the popular MetaTrader 4 and MetaTrader 5 platforms across desktop, web, and mobile.

Trading tools

Lime Fx offers its users different payment methods to be used either for deposits or withdrawals. In addition, there is a security of the traders’ accounts applied by the Investor Protection and Compensation Schemes in case the broker goes bankrupt. Given its responsive and multi-channel customer service and the supplementary resources provided for customer support, Lime Fx showcases a strong commitment to assisting its clients. There is certainly room limefx for enhancement, such as the introduction of 24/7 support, yet the existing offering should meet the needs of the majority of traders and can be considered dependable.

I did find that you can only access all 52 pairs using the MetaTrader 5 platform, while the Lime FxTrader and MT4 only offer 32 pairs. The deposit options with Lime Fx are decent, giving you multiple ways to fund your account with no deposit fees. The only traditional method available was Mastercard (debit card) which I used to fund my account and was instantly applied to my trading account after making my deposit. I think having Lime Fx Copy is a good alternative for beginners or those who don’t want to invest their time in learning how to trade.

This dual regulation ensures both credibility and flexibility, catering to traders from around the globe. The last step before you start depositing money and start trading is to verify your information. Make sure you provide correct information if you want your account to be successfully verified, you will need to provide supporting documents that verify the information that you insert here. You may find common cryptos like Bitcoin and Ethereum which are the most popular crypto coins.