Lime Fx Review 2025 Pros & Cons For Forex Traders

Lime Fx broker review

This comprehensive approach allows us to recommend the best brokers for different experience levels, trading styles and budgets. Lime Fx is owned by Lime Trading (CY) Ltd, which is regulated by CySEC and ESMA. It is also a member of the Investor Compensation Fund, which provides additional protection to customers should the broker be unable to meet its obligations. On the downside, the brokerage isn’t licensed by the FCA. Trading hours with Lime Fx depend on the market in question. Forex hours are generally Sunday evening until Friday evening, whereas stock markets are often only open during the day, Monday-Friday.

Crypto Purchases with a Credit & Debit Card / Bank Transfer

Lime Fx fails in a few areas, not least of which is customer service. Nevertheless, frequent traders who won’t need much assistance can benefit from the broker’s generous stock, options, and futures commission plans. On the other hand, there’s a 2 USD commission per traded lot per side. The available trading platform is MetaTrader 5 with a minimum initial deposit of 100 USD.

Recent Reviews

  • While using Lime Fx, we noted that some withdrawal methods are only available if you deposited using this method and/or are using the same card.
  • Yet it doesn’t offer the same user-friendly interface, or have as good a reputation as alternatives like eToro.
  • I like the variety of payment methods supported by Lime Fx, making the broker easy to use.
  • Lime Fx requires a $3,000 account minimum for trading withthis platform.
  • J2T Copy is also available with a low minimum investment of $100, making it accessible to beginners.
  • Our review shows Lime Fx scores less favorably when it comes to withdrawals.
  • This is noticeably tighter than the variable spread accounts at the majority of brokerages.

The broker understands the importance of good customer service and provides 24/7 customer support via email, live chat, and over the phone. Trading fees with this broker are low compared to competitors. There are no inactivity fees and spreads on the commission-free Standard account start from 0.5 pips. Let’s compare the fee policy with other brokers to better understand the difference. Different account types are available for different trader types.

Building a Knowledgeable Trading Community

Lime Fx offers a wide range of trading instruments with sophisticated platform features catering to both trading newbies and market veterans. The platform’s commitment to user-centric solutions is evident in its diverse account types and focus on creating a practical demo trading experience. Furthermore, its reliable customer support and streamlined deposit and withdrawal methods reinforce its reputation.

Available Assets

They cater for beginners with lots of helpful educational content and practice accounts. If you are an institutional trader then you will be impressed with the FIX API connectivity and managed accounts whereas there is the professional account option. If you are looking for a convenient way to trade the markets, I would certainly give them further consideration. Lime Fx is an online broker that gives you access to a full range of trading products, services, accounts and platforms.

Crypto, on the other hand, is active 24/7 due to its decentralised nature. This broker was established in 2007 and now operates in 130 countries with over 155,000 clients. Its registered address is in Limassol, Cyprus but limefx scammers with offices around the world in Europe and Asia, this is a global broker. Lime Fx has also won multiple awards, including the worldfinance.com award for Best Customer Service 2022.

  • The forex broker holds a license with the Cyprus Securities & Exchange Commission (CySEC).
  • TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation.
  • You should consider whether you understand the risks involved.
  • The desktop platform I use for complex chart analysis and auto trading.
  • Our chat rooms will provide you with an opportunity to learn how to trade stocks, options, and futures.

This type of derivative allows traders to go long or short on currencies. CFDs can also be traded with leverage, which increases potential returns (and losses). On the downside, our research has revealed that swap-free accounts are not available.

Lime Fx broker review

Lime Fx broker review

The in-house platforms include the Lime Fx+, Lime Fx pro, the commission-free Lime Fx Lite, and Lime Fx mobile apps. Some of their shared features include real-time access to the US exchange markets, access to real-time quotes, customizable interfaces, and the fact that they host several technical indicators. They differ in such ways as the depth of their market analysis, access to sophisticated limefx scam indicators, and platform-based trading costs. Lime Fx’s commission structure may beattractive to cost-conscious traders. They offer a wide range of assets, andtheir minimum deposit requirements are relatively low.