Is Lime FxFX Worth It in 2025? A Detailed Review

The web-based platform offers quality charts, allows for the placement of technical indicators and lines, and supports alerts that arrive as notifications from the broker. Timeframes range from 1 minute to 1 day, covering the basics. However, it lacks weekly and monthly time frames and does not offer an intuitive zoom tool.

Those considering a local bank payment will have 3 options available to you. You can either make payment limefx review through an online transfer, with an ATM, or using a standard bank account deposit. Payments may take up to 3 days to land in your bank account.

Is Lime Fx a good broker?

Lime Fx (formerly Lime FxFX) offers a basic, low-cost MetaTrader platform experience alongside its proprietary web and social copy-trading platform. If you enjoy the imagery in the forex basics section then you’ll probably enjoy the limefx review videos provided too that will guide you through your MT4 account set up. These tutorials are for both the computer version and mobile app. Another video will take you step by step through your account section.

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When opening my account I was given the option of only using USD as the account base currency. Although you can deposit with your local currency, it gets converted to USD regardless. I prefer seeing a broker regulated by multiple authorities, especially local regulators where clients are accepted such as CySEC. However, I would like to see other Tier-1 regulators like the Australian Securities and Investments Commission (ASIC) or the Monetary Authority of Singapore (MAS). The FSC is deemed “offshore” as they are an authority that accepts clients from multiple countries like Malaysia, Singapore, or Australia without being directly regulated by the country’s financial authority. You have a selection of alerts you can receive, so I set it up to show all trading signals like candlestick patterns and chart patterns such as head and shoulders.

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• However, with deposits in currencies other than the USD, the payment provider on conversion of the funds to dollars using their internal exchange rate may charge additional fees.
• It brings us immense joy to learn that you had a wonderful experience not only with our trading platform but also with our dedicated customer support team.
• For instance, I found that the content on the Lime Fx Blog is not updated daily across all categories.
• It is a smart trading platform combining everything a trader needs in an easy-to-use app.
• They are all relatively easy to use but also capable of performing complex analysis and order management.

The Lime Fx mobile app allows users to manage all their accounts. Another program offered by Lime Fx is a tiered loyalty program (without fees), where traders advance through categories based on their account balance, gaining access to benefits and rewards. The Lime Fx Status Program allows traders to unlock various benefits based on their trading account balance. It consists of four levels (Bronze, Silver, Gold, and Platinum).

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• The broker also asserts its technical environment is constantly monitored and protected by dedicated teams of technical specialists and security.
• Lime FxFX has an excellent reputation in the financial industry.
• I find them to be the quickest and easiest way to move funds between my trading accounts.
• If you need some support outside of the hours or would prefer to get a quick answer yourself then there is an FAQ’s page with a range of relevant questions and answers.
• In addition to this, Lime FxFx is one of the MetaTrader 4 brokers and also offers the MetaTrader 5 platforms to traders.

You can choose from a decent variety of versatile account types, each designed specifically for different types of trader. I like how they operate as an ECN broker as this means they can deliver superior trading conditions which can be important especially for those who are day trading and using scalping strategies. The broker has some useful trading tools, educational resources and a prompt customer support team on hand to assist you as and when needed.

It is clear that the Education section of Lime Fx’s website is of great importance to the broker. All of the materials are of high quality and cater to beginners, intermediate and advanced traders. That Lime Fx is catering to all these groups is a big plus for the site, and the resources are made available to traders using demo as well as live accounts.

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Another decent addition I found on MT5 is the native economic calendar which shows the times of upcoming economic announcements that can impact your trades. I like that it updates in real-time and displays on your charts which I found useful to avoid opening trades during high-impact announcements like US GDP or Non-farm Payrolls. The platform also has 38+ indicators featuring Ichimoku and RSI, while increasing the number of timeframes to 21 for better customisation.