Lime Fx Forex Trading About Forex broker

To trade you can choose between MetaTrader 4 and MetaTrader 5 trading platforms, both platforms are excellent options but many brokers in the market offer these options. The full-function trading interface that Lime FxFX provides enables traders to access financial markets, do technical analysis, track movement, and execute orders from any location around the globe. We’ve taken note of your feedback and passed it on to the relevant team for you to review. If you wish for lower spreads, opting for Gold or Platinum status is a viable option, which both tighten them.

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This means that the trader could incur an overnight or rollover fee. This is a type of interest that is prohibited by the Riba principles of Sharia law, which means that Muslim traders are often restricted in forex trading. These accolades reflect the broker’s dedication to providing top-tier trading services and support to its clients across the globe. Lime FxFX’s consistent recognition in the industry highlights its position as a trusted and innovative broker in the competitive world of forex trading. In addition, the broker mandates that all withdrawal requests from traders be followed up with an email confirmation.

Overnight Fees, Rollovers, or Swaps

With that said, the minimum deposit here is still low enough for all types of trader to get involved. This is $50 minimum deposit within the EU with the account being available worldwide. The first, and best place for most traders to get started is an Lime FxFX demo account. Here you can learn the ropes, ideal for a beginner, with no obligation to enter live trading. This is provided both through their own dedicated copy trading platform and a mobile trading app for on the go trading. You can choose to either be a copier, or a “Master Trader” where others will copy you and you will earn a commission.

Master IB commission introduced

Lime FxFX is extremely limited regarding payment method options for funding a trading account. The Lime FxFX platform is essentially limefx official site a white-label licensed version of MT5. If branding consistency is important to you, feel free to use it.

Rewarding loyalty program

Lime FxFX will determine the spreads for each transaction based on the kind of financial instrument that is being transacted as well as the conditions of the market on that trading day. The broker only permits trading accounts to be denominated in EUR and USD, which is quite restrictive for traders, particularly Namibians who would have bank accounts in NAD. The Lime FxTrader Account is designed for traders seeking a high degree of flexibility and precision in their trading strategies. It provides access to a suite of advanced tools and features, making it suitable for both novice and experienced traders.

  1. Until recently, the broker had also been regulated by the FCA, however Lime FxFX decided to voluntarily suspend their regulation here due to Brexit until the future situation of the UK becomes clearer.
  2. Founded in 2011 in Cyprus, Lime FxFX is a well-regulated broker with oversight in place from CySEC and SVG.
  3. Both accounts provide great trading conditions, with spreads that average 0.6 pips, making them some of the narrowest in the business.
  4. Yes, they provide mobile trading capabilities through the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) mobile apps.
  5. This website is using a security service to protect itself from online attacks.

It’s vital to align these investments with your financial goals and if needed, consult with financial professionals to navigate complex financial markets. Our reach makes financial markets accessible to traders worldwide. We measure success by the cost-effective trading conditions we provide and by success stories our traders share.

We are already coordinating with our Finance Department to expedite the resolution of your deposit process. We understand the urgency of your request, and our Finance Department is doing everything possible to process your request promptly. Lime FxFX offers two types of trading accounts with both being the same except one is with the MetaTrader 4 (MT4) trading platform and the other is with the MetaTrader 5 trading platform (MT5). For both account types offered by Lime FxFX, spreads are floating and start from a minimum of 0.8 pips and have an average of 0.9 pips for the EUR/USD currency pair. This means the trading spreads will get either tighter or wider, depending on market volatility, time of day, and other factors. Investing in assets such as stocks, bonds, cryptocurrencies, futures, options, and CFDs involves considerable risks.

Customers can profit from the most advantageous trading conditions and programs, both of which are customizable at this level. This gives customers the ability to optimize their overall earnings. The UI of MT5 has been improved with the addition of new features, which has made it even simpler to use. To open an Islamic Account with Lime FxFX, you need to register with the broker and contact their customer support to request the conversion of your existing account into a swap-free Islamic Account.

Our editorial and marketing teams operate independently, ensuring the accuracy and objectivity of our financial insights. Make a deposit via Lime Fx trading app or on our site and we’ll give you a 50% bonus, which you can manage directly in our app. Use it to open trades of a higher volume for more profit potential. https://limefx.club/ 50% bonus applies to your margin and allows you to perform bigger trades. Keep trading so you can withdraw your bonus funds—you will get the payout automatically. Major indices represent entire national economies, so you can find trading opportunities by analysing any kinds of political and financial news.

They are available 24/5 to assist you with any inquiries or issues. The broker generally does not charge non-trading fees such as account maintenance fees or deposit/withdrawal fees. However, third-party fees, like those from payment providers, may apply depending on your chosen transaction method. Lime FxFX does not charge any fees on either deposits or withdrawals. Namibian traders, however, may face processing fees from their payment provider or banking institution. The broker offers the widely acclaimed MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, known for their user-friendly interfaces, advanced charting tools, and automated trading capabilities.

The most popular of the three platforms is MT4, the industry-standard workhorse that more or less every retail broker offers. Our forex comparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner site. After-hours trading occurs when the day’s normal trading session is closed. For example, the major stock exchanges in the U.S. close at 8 p.m. UTC, but the after-hours trading session can run as late as 12 a.m.