About Lime Fx European broker for trading

Overall, we advise to check conditions based on Lime Fx entity you wish too trade through. However, as the company developed the broker Lime Fx established its legal entity in Cyprus and respectively got a license from the local CySEC, which also imposes regulations according to European ESMA standards. Besides, another license was obtained in South Africa regulated by FSCA giving a better expansion and regulated access to Africa Market.

However, at times High-volume traders or like pattern traders might find it as limitation since commission basis account is preferred for easier calculation of trading costs. Lime Fx offers more than 300 trading instruments across its accounts, including 52 Forex pairs and 277 CFDs, encompassing indices, commodities, and cryptocurrencies. Additionally, approximately 30 cryptocurrency assets are available (also during weekends).

How do I open an account with Lime Fx?

For example, when we attempted to close 0.3 lots from a position of 0.5 lots, the entire 0.5 lots were closed, and a new position of 0.2 lots was opened instead. However, when we performed the same operation for the same MT4 account from the Lime Fx app, we found that this partial closing was allowed. During our testing, we confirmed that no swap fees are charged for maintaining open positions not only overnight but also during the weekend for several days. In our review, the execution quality was positive across all accounts. Entry and exit orders were executed as intended, with only minor slippage observed. Limit orders were adjusted almost exactly to the specified price without jumps, though a small percentage of stop orders did experience some variation.

Bonus Offers and Promotions

The risk level is defined also by the leverage level you use since higher leverage dramatically increases your high risk of losing money as well. For this reason, world authorities and regulators restrict leverage to use to specify safer levels for retail traders. Lime Fx is a versatile choice for traders since it presents a good range of over 300 trading instruments across several asset classes, yet the range is consistant of mainly most popular and volatile instruments. For a wider selection of products with thousands of instruments we would advise selecct other Broker then. Also, there is no commission based account soffered all Broker fee strucutre is based on spread, which is important to note for trades who prefere commission fee structure. Fee table see below, also always consider other than trading fees like funding fees and inactivity.

With trades usually handled in under 0.1 seconds, MT5 showed enhanced order execution speeds during testing—a critical ability for busy traders. To provide more trade management flexibility, MT5 also adds buy stop limit and sell stop limit, so introducing other order types. The built-in news feed and economic calendar of the platform help traders stay current with market events. Moreover, the integrated copy trading function lets customers duplicate the winning strategies of seasoned traders, so promoting a cooperative trading atmosphere. For people looking for a sophisticated trading experience, Lime Fx’s MT5 platform offers a strong and flexible trading alternative overall.

• Moreover, Lime Fx offers opportunities for cryptocurrency trading, featuring popular cryptos like Bitcoin, Litecoin, and Ethereum.
• That being said, there isn’t much educational content for learning how to trade or understand market dynamics.
• In turn, followers can copy signals from master accounts, diversifying their trading strategies while learning from experienced traders.
• Furthermore, although Lime Fx does not charge inactivity fees, traders who deposit or withdraw in currencies other than USD or EUR could have to pay for the conversion.

The broker also provides detailed economic calendars and market insights, which keep traders informed about the latest financial news and upcoming economic events. This allows less experienced traders to learn from and imitate the trading strategies of successful traders. Therefore, it not only facilitates learning for beginners but also potentially enhances trading outcomes.

Lime Fx mobile app screenshots

Lime Fx has improved its educational offering with webinars and live trading session recordings and expanded its educational articles and videos. I appreciated that it has begun producing videos on advanced topics, such as Elliot Wave trading. For limefx website example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status. I was also pleased to see a risk score assigned to each trader, to help users differentiate between traders with historically conservative results versus those that have had more volatility and risk. It would be useful to be able to sort the columns from highest to lowest, but that feature is not yet available when looking at the Master Rating results page. Lime Fx offers a mere 257 tradeable instruments, which varies by platform, with the most on its MT5 offering.

Currencies accepted for deposits/withdrawals

Founded in 2011, Lime Fx (formerly Lime Fx) is part of a group of global entities, which include Lime Fx Markets LTD (based in the island of Mwali) and Lime Fx Markets Cyprus Ltd (based in Cyprus). Lime Fx also provides financial services through its intermediary, Orinoco Capital (based in South Africa). Lastly, Lime Fx also has an entity regulated in Mauritius, through Uni Fin Invest . Features like its trading glossary, platform tutorials, and dozens of Frequently Asked Questions (FAQs) help to flesh out Lime Fx’s educational offering.

Trading cryptocurrencies on MetaTrader 4

Known for competitive trading costs and over 220 tradeable symbols, Lime Fx has made significant strides in pricing. Lime Fx offers competitive commissions and fees, including a low average EUR/USD spread of 0.9 and no inactivity fees. As a Invesmtnet Opportunitites avilable at Lime Fx we will mark availability of Copy Trading which is a good option for various traders. Lime Fx shines https://limefx.club/ in giving several trading tools for active traders, however, individuals looking for long-term investments could have to take more thought on other platforms, including bonds and ETFs.

Saudi’s Maaden says US tariffs will have limited direct impact on financials

As a leading financial media outlet, our editorial content is driven by rigorous research and data-driven insights, all free from external influence. This assessment delivers a transparent evaluation of Lime Fx’s trading conditions, tools, support, regulatory standing, and overall suitability for traders. Our market analysis service offers the latest currency rates, including EURUSD and GBPUSD, intelligent technical analysis tools, and daily market insights from our experts. Enjoy smooth and convenient trading with user-friendly interface on a fast and stable platform.

• Copy trading is also available, allowing clients to automatically replicate the trades of other selected traders.
• He is a long-time active investor and engages in research on emerging markets like cryptocurrency.
• One negative aspect we encountered while trading with MT4 was that it does not allow for regular partial closes.
• From newcomers honing their skills to seasoned traders meticulously refining their strategies, this resource proves indispensable.

Moreover, Lime Fx offers opportunities for cryptocurrency trading, featuring popular cryptos like Bitcoin, Litecoin, and Ethereum. However, it’s important to note that Lime Fx does not currently offer trading in stocks, ETFs, futures, bonds, or options. In terms of commodities, Lime Fx presents opportunities to trade in energy products, precious metals, and others. For those interested in trading indices, Lime Fx provides access to some of the world’s major indices.

Forex trading is a major focus, with over 52 currency pairs available, encompassing major, minor, and some exotic pairs. Lime Fx also provides services through Uni Fin Invest, which is based in Mauritius and operates under the regulations of the local financial authority. Lime Fx Markets Ltd serves its clients in the Americas and other parts of the world and is regulated by the Mwali International Services Authority (MISA) in the Comoros. This regulation does not provide significant protection for consumers. On the positive side, it allows Lime Fx greater flexibility in leverage and instruments while still serving clients from around the globe. One question that arises during the review is what happens with the bonus (credit) if the account balance falls below zero.

The broker also provides negative balance protection, therefore shielding customers from losing more than their account balance in a declining market. Lime Fx, with a trust score of 70, is regarded as having ordinary risk, thereby giving traders a fair degree of confidence about its dependability and operational integrity. Finally, Lime Fx offers free educational resources such as articles and video tutorials. For more experienced traders, Lime Fx provides advanced analytical tools, including charting capabilities and various technical indicators.

MT5, on the other hand, is a more advanced option for Indonesian traders. MT5 expands on the fundamental features of MT4 by including an impressive set of technical and fundamental indicators. This improves chart analysis and gives traders a better understanding of market trends. Accessible without any constraints, the demo account provides abundant virtual funds, offering traders a playground for many purposes.

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 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. Lime Fx provides fully functional mobile trading apps for MT4, MT5, and Lime FxTrader that are available for both Android and iOS devices. These apps offer full trading capabilities, interactive charts, and technical analysis tools on the go. This is a distinct characteristic that avoids surprises, which are mostly negative for traders, especially on certain days when swaps can be doubled. In terms of tools, traders can choose the most convenient platform among Lime Fx Trader, MT4, and MT5.