This could mean that the bonuses are only available to traders in particular jurisdictions. This account is run on the MT4 platform and offers the lower minimum deposit amount at just $100. Lime FxFX spreads are limefx company reviews higher on the MT4 account with only 37 tradable instruments on offer. A typical spread for the EUR/USD currency pair is stated as 1.1 pips, while the MT5 Pro account provides the complete range of tradable products, with slightly lower spreads of 0.9 pips. In terms of forex, a number of minor forex crosses are not offered.
Lime FxFX also doesn’t charge any commissions, while FXTM and Exness both charge a small commission fee per trade on top of spreads. Overall, Lime FxFX can be summarized as a trustworthy and regulated Forex Broker with competitive trading fees. Lime FxFX offers an easy-to-use social copy trading platform with excellent customer support. Lime FxFX’s award winning customer support team is available 24 hours a day from Monday to Friday. Customer support is provided via online chat, telephone and email in English, Indonesian, Malay, Thai, Hindi, Urdu.
Hugo’s Way vs. Kot4x: A Comprehensive Broker Comparison
Any heavy technical analysts out there can create customizable charting indicators through the developer network. Of course, you may not need to do this at all consider the fact there’s over 70 different indicators already on the platform. This initial deposit will also be eligible for an Lime FxFX bonus of 50%.
Looking at the fiat side deposits, you can pay in either EUR or USD. If you are going to be depositing into a USD denominated account in EUR then they will do their best to give you the closest market rate on this pair. We would strongly suggest that you use the PC or web-based version for some of your more advanced trading.
- The current market situation is quickly available in the MetaTrader 4/5 mobile application.
- In addition to the markets offered, as an Lime FxFX trader, it is likely that you may come across some of these extra products that the broker makes available depending on your location.
- They also have a subsidiary company that is based in Cyprus and is called Lime Fx Markets Cyprus Ltd.
- Lime FxFX’s VPS, free for all account holders, provides a secure and dedicated virtual server in a highly secure data center.
- Read our full explanation and accounting of our research and testing process to learn more about how we test.
- Overall, the account opening process took 3 minutes which is the fastest application I have completed for opening a live trading account.
Pros and Cons of Trading with Lime FxFX
It is divided into quotes; market data, chart, trade and history. Its charting allows users to do analysis just as with a desktop. Its only limitation to client is its small screen resolution, hence, making deep technical analysis somewhat difficult.
Usability & Features
It analyzes transactions in financial markets and provides secure and fast access. Users of Lime FxFX can ensure traders’ advanced access to trading operations in a reliable environment. Lime FxFX trading is an international broker, so it supports many languages. It is also very popular as it can automatically supply trades to the market. Also, MT4 has more advanced charging capabilities, it is fully customizable. For traders who want to practice before committing real money, Lime FxFX offers a free demo account.
Popularity among Emirati traders who choose Lime FxFX
- The CopyTrade App completes the picture by focusing solely on social trading.
- The Lime FxFX Champion offer is a contest run by the broker whereby you can open a demo account and trade for 4 weeks.
- But its roots are actually in the island nation of Saint Lucia.
- MT4 is ideal for new traders and more experienced traders who require a simplistic yet sophisticated platform.
- This function gives pertinent insights in real-time, hence improving decision-making.
- For credit card funding, the initial deposit amount will be refunded.
- You can trade from 10 of the most popular indices, including Dow Jones, NASDAQ, Nikkei and Eurostoxx 50.
Very super easy to use it, even for the first time, already familiar with the system within a few minutes. Love the insights input via “Space” , very helpful for decisions making for projection Trade. Yet, if you still prefer to use high leverage, the international entity of Lime Fx Leverage still allows so. Since the regulation demands strict follow of Forex business operations management, it is considered safe to open an account either with Cyprus, South Africa or an international Lime Fx entity. However, the payments we receive can influence the products, companies, or services we highlight and evaluate. This means not every available option may be featured on this page.
Fees
If you are in one of these regions then you should take a look at someof the other great forex limefx website brokers and find another broker to suit. If you enjoy the imagery in the forex basics section then you’ll probably enjoy the videos provided too that will guide you through your MT4 account set up. These tutorials are for both the computer version and mobile app.
Fast Facts
Many aspects are there to be considered before choosing a forex broker to trade with, and trading platforms are definitely one of those aspects. I’ll make sure to get all the information you need about the types and features of the trading platforms offered by Lime FxFX via this section of the Lime FxFX review, so read along. Lime FxFX offers a free demo account to new forex beginners to practice trading in forex with no limits.
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