Lime Fx Review: Pros & Cons 2025

As a trader, you will find a range of features available at Lime Fx to suit your needs. Here is a closer look at a few of these features and how they can benefit you as an Lime Fx trader. Due to that, we highly recommend Lime Fx as a great place to copy trade but caution you to remember that due to a limited number of assets, your portfolios can be less diversified.

One of Lime Fx’s impressive features I found was the no swap fees on all of its accounts. This means you can hold CFD positions overnight without being charged interest or fees like non-Islamic accounts do, making the broker a solid pick if you trade stocks. Lime Fx is one of the very few Forex brokers that offer local deposit options in countries like Indonesia, Pakistan, Malaysia, Thailand, India, Vietnam, and Nigeria. Traders in these countries can simply go to a local bank and make a deposit to their Forex accounts with Lime Fx.

Here is a more detailed look at the wide range of top trading platforms you can expect to find when you are trading at Lime Fx, and what they can provide you with. These are all useful and important tools to utilize for any forex trader on all platforms and brokers. This makes it perfect for new traders and those beginners starting out. If you are trading from outside the EU, the minimum deposit will be $25 with the Lime Fx Micro account. You can look forward to trading with the MT5 trading platform on this account where the spreads start at great value from 0.2 pips. The first, and best place for most traders to get started is an Lime Fx demo account.

Our services are available to everyone free of charge, but we do receive compensation from some of our partners for referring clients to them. The support team is recognized for its prompt response times and ability to address concerns in multiple languages, reflecting Lime Fx’s commitment to serving limefx official site its global client base. In the hands-on testing process, I used MetaTrader 5 for desktops, which includes advanced functions such as copy trading and automated trading. Yes, it offers a referral program where users can get to invite friends for incentives. The referral program known as Invite-a-Friend has its commission rate to be 1$ per 1 standard lot. There is also a Trader’s Glossary with precise definitions of common forex terms to help clients become familiar with different trading terminologies.

Tools

Both iOS and Android versions of the trading platforms are also available for on-the-go traders. The company currently has a proprietary trading platform known as Lime FxTrader. Furthermore, Lime Fx has an easy-to-use app which is also available on Android and IOS devices. This app allows users to enjoy a smooth trading experience and keep track of executed orders from anywhere. The broker also provides educational resources, including tutorials and webinars, to support traders in enhancing their skills.

Download our app and keep track of your orders whether you’re in the office, on vacation, or at home. Only the traders themselves could give us a better insight into their preferences. Over two years of research and development, we have interviewed traders worldwide, discussing the platform’s usability. The live chat is 24/7 which is great to see, but the experience I’d say is a mixed bag. I like that you don’t have to fill out a questionnaire for support, you are taken directly to help in the form of AI.

  • The broker claims to offer competitive spreads as compared to other forex brokers.
  • Once users have gotten up to speed on a demo account, they can easily switch to a live version.
  • Customer service at Lime Fx is through live chat or a support email address, which is a slight letdown as I prefer when companies offer phone support for urgent questions.
  • 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.

MetaTrader 4 for Windows

Clients of Lime Fx are able to engage in the Expert Advisor and MQL5 areas of the MetaTrader site. With trading costs being a significant determinant of success or failure, the broker is right to emphasise what a help this could be. The Copy Trader account area requires separate funding and comes with its own dedicated app.

On the other hand, its cTrader server is a hosted solution from Spotware. Regardless of which platform and account you are using, Lime Fx claims that its order executions occur within 0.1 seconds. During our latency tests, we found the claims to come reasonably close to reality. For all accounts, the minimum trade size is set on 0.01 lots or 1 micro lot (1,000 units). Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives.

However, Lime Fx has acquired a license from MetaQuote to offer the latest version of the software, MetaTrader 5 for its Pro accounts. For a true ECN experience, however, the company has acquired a license for cTrader from Cyprus based Spotware. By operating segregated bank accounts for client deposits, Lime Fx ensures the safety of client funds. In the event that the company runs into financial trouble, clients can always claim their funds from the deposit institution and will not have to worry about the solvency of Lime Fx.

Other Products and Services at Lime Fx

Overall, I rate Lime Fx as an innovative broker with a client-centric focus. Deposits made to trading accounts must therefore be made from bank accounts in your name only. In the case of bank transfers, all requests are processed within 1–3 hours during the working time of the broker’s financial department. However, deposits via Skrill, Neteller, Visa, Mastercard and crypto are instant. Below is a tabular review of the various deposit methods and the processing time. 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).

Which Markets does Lime Fx offer?

  • The minimum order size you can expect when trading with Lime Fx is 1 micro lot.
  • Lime Fx Markets Incorporated is based at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines.
  • Open an MT5 account to trade on 230 instruments enjoying the platform’s advanced tools and Lime Fx’s excellent trading conditions.
  • Popular features such as 1-click trading, alerts, and watchlists are available.
  • This could include opening an account with Lime Fx Markets Cyprus Ltd, or Uni Fin Invest which is Lime Fx’s Mauritius entity.
  • Lime Fx provides more information about its operational risk management than it does about its regulatory framework.

The app has been downloaded more than 5 million times, with a 4.5 star rating out of 5, which is impressive indeed. This is because you will receive better protection and service from your local regulator should you need to enforce a complaint. However, in my experience with regulators like MAS, they are very professional and helpful so this is by no means a poor regulator. The profile for each trader was more detailed showing profit and loss, drawdown, and copy follower growth which I like to use as a leading indicator of trader performance.

Should you need it though, the customer service team is available through live chat, phone, and email to deal efficiently with any problems that may arise. It also provides for detailed analysis with market reports and more to offer. Here are some of the spreads we found on the most commonly traded assets with Lime Fx as an example. In some places, you will also be allowed to make deposits through Bitcoin. In terms of the time it takes, wire transfers can take 3-7 business days to complete, while the other deposit methods are https://limefx.vip/ all typically instant. Lime Fx doesn’t charge traders any commission for holding an order overnight.

With an unrestricted number of traders to copy, clients can create a balanced trading strategy for themselves. To make it easier, Lime Fx has a Copy Trading app developed differently from the mobile app. This feature gives users the opportunity to automatically copy leading traders and learn different trading strategies from them.

Multiple payment options including credit cards, debit cards, Skrill, Neteller and Bank Transfers, make it convenient for clients to fund their accounts using their preferred payment method. Although Lime Fx is regulated by just 2 regulatory bodies, it does business in multiple jurisdictions worldwide. It prioritizes its clients’ account safety by keeping clients’ funds in segregated bank accounts. Lime Fx employs state-of-the-art technology and advanced security protocols, which includes SSL web encryption and two-step authentication to protect clients’ confidential data.

Comprehensive customer support and a wealth of educational resources add value, empowering traders to make informed decisions. The social and copy trading experience, hedging, scalping and the option of swap-free accounts are welcoming features offered by Lime Fx. Again, the provision of standard demo accounts helps clients learn trading and key trading techniques without fear of loss or risk to real funds.

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