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While it may offer fewer commodities and cryptocurrencies than some market leaders, its overall offering remains competitive, particularly with its extensive stock CFDs and currency pairs. Minimal withdrawal amounts, however, will depend on the transfer type and are typically a little higher. To deposit funds and start trading, I had to complete the standard KYC procedure by submitting Proof of Identity (POI) and  Proof of Residence (POR). We pioneered the strict no requotes, no rejections policy that established our reputation.

• As they are completely reliant on MetaTrader platforms, those familiar with the sector can easily utilize the broker as it is similar to a lot of other offerings out there.
• Yet while Lime Fx provides a range of features for beginners, it’s worth noting that it lacks a proprietary trading platform explicitly designed for novice traders.
• The only platform that is offered by Lime Fx is MetaTrader, which is an industry standard trading platform.
• Lime Fx offers traders a diverse range of tradable instruments across various asset classes, enabling them to build diversified portfolios and access a wide range of market opportunities.
• Lime Fx is one of the most popular online trading platforms, offering a wide range of financial instruments and advanced trading tools.

A Transparent Fee Structure

If you have experience trading with Lime Fx please share your personal review of the broker and what you think are strong and weak points. If you have traded with Lime Fx we would really like to know about your experience – please submit your own review. My only criticism is that limefx scammers there needs to be a localized direct telephone line or a call-back feature, a service offered by ActivTrades. Although it took a few hours to get a response, the reply I received was detailed, with step-by-step instructions that made the process easy to follow. Watch my video walk through of the Lime Fx app below to see how it looks and feels, as well as how to place a trade. However, the broker does provide a proprietary mobile app, which is available for Android and iOS devices.

Fees

Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. 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. Lime Fx offers instant, or same-day, withdrawals with no fees for verified and connected accounts.

Once you have reviewed the available providers, you can choose one that best matches your trading preferences. It’s important to take the time to assess factors such as the provider’s historical performance, consistency, trading style, and risk profile. Some traders may prefer providers with a conservative approach, while others may opt for those who take higher risks for potentially higher rewards.

Depositing and withdrawing funds with Lime Fx is a convenient and secure process. The broker offers a variety of payment methods to cater to traders from around the world. While Lime Fx provides accessible support through various channels, diversifying communication channels could enhance the overall customer support experience.

Trading

Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. Lime Fx Group’s extensive offer of tradable instruments allows traders to access a broad spectrum of markets, from forex to stocks and commodities. While the number of instruments offered varies across asset classes, Lime Fx’s diverse range of options provides traders with ample opportunities to capitalize on different market trends. When I chose them as the main broker to trade with, they had been already in the business for around a decade. One of the factors that bolstered my decison is the fact that Lime Fx is strictly regulated by several respected regulatory entities, including CySEC.As for the range of assets here, it is really huge here.

They offer both MetaTrader 4 and MetaTrader 5 and they have tweaked them slightly to suit the specific needs of their users. Lime Fx offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms for desktop users. These platforms are known for their comprehensive charting capabilities, technical indicators, and expert advisors (EAs). Lime Fx provides mobile trading apps for both Android and iOS devices, offering intuitive interfaces, real-time charts, technical indicators, and easy order execution. Lime Fx offers a transparent fee structure that traders can consider when evaluating their trading costs.

They have the necessary approval from the CySEC in Cyprus as well as being a ASIC regulated entity in Australia. Lime Fx was first started back in 2009 in London and now they have an offering of more than 400 limefx different instruments. The account opening process with Lime Fx is straightforward and user-friendly. When it comes to trust and security, Lime Fx has taken significant steps to establish itself as a regulated and secure broker.

Advantages of Lime Fx Copy Trading

Not saying that there are no other honest brokers; I am only saying this is one of the honest ones. The broker has about 10M traders using their platform, which says a lot about their honesty. I wonder if it is the same for everyone… once I started trading here, I was actually excited to tell people about the broker. I guess that for some people at least it is like that because there is quite the number of reviews here.The spreads are very tight starting from 0.6 pips, although you might see a little bit higher in rl.

Start trading on one of the best multi-asset platforms in the industry and leverage the power of a global broker. Use your Demo Account and test your trading strategies risk-free with virtual funds in a simulated environment. It’s important to remember that trading involves emotions, and copy trading is no exception. Even though you are copying another trader’s decisions, it’s natural to feel anxious or frustrated when trades don’t go as expected.

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• If you are looking for a platform that is easy and straightforward to use and that looks after their users, Lime Fx could be the right option for you.
• Trading Point of Financial Instruments Limited provides investment and ancillary services to residents of the European Economic Area (EEA).
• Lime Fx also provides region-specific local payment methods, such as PayTrust88, that depend on your location.
• Everyone who chooses Lime Fx has the same opportunity to pursue their investment goals.
• One of the primary resources is the daily market analysis, which includes interesting insights into major financial markets, updates on significant economic events, and analysis of key market trends.
• Some may focus on low-risk, steady returns, while others may take more aggressive positions in pursuit of higher profits.

Withdrawals via bank wire, credit, or debit card usually take 2-5 business days. Some may focus on low-risk, steady returns, while others may take more aggressive positions in pursuit of higher profits. In this detailed guide, we will explore everything you need to know about Lime Fx’s Copy Trading service. From how it works to the advantages and risks, this article will provide you with a comprehensive understanding of how you can use Lime Fx’s Copy Trading feature to enhance your trading experience. More than 14 languages are catered for through the customer support service at Lime Fx.

Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). Lime Fx Group is a trusted MetaTrader-only broker that offers an outstanding selection of high-quality educational content and market research. All accounts offer negative balance protection, hedging and Islamic option as standard.