This makes the broker a worthwhile option for serious forex traders who will also enjoy the VPS service and MT4 support. Lime Fx’s stop-out kicks in when your margin level drops to 50% or lower. At this point, the forex broker will begin to close your positions until limefx official site the margin level of your account is above the threshold again. Lime Fx uses a no-dealing desk model and does not act as a market maker, reducing the risk of price slippage or a conflict of interest by the broker. EeziePay and AWEpay process both deposits and withdrawals instantly, however you should be wary of currency conversion fees. The other e-wallets Neteller and Skrill process deposits within an hour of the request and are instant for withdrawals, which is competitive.
– Leverage
Lime Fx uses state-of-the-art Secure Sockets Layer (SSL) network security protocol to keep client private information safe. Furthermore, all client funds are held in accounts with major international banks and kept segregated from Lime Fx corporate accounts. Lime Fx supports the MT4 mobile trading platform that provides excellent trading features you can also enjoy when limefx review using the MT4 desktop platform.
Deposit and Withdrawal
The platform has a built-in “Help” function so you can get answers to the most common questions directly from within the software itself, so you can concentrate on the important stuff – trading. There’s no minimum deposit, and Lime Fx accepts a wide range of payment methods. These include bank transfers, credit cards (Visa and Mastercard), electronic wallets, and cryptocurrency. As payment options vary from country to country, we suggest creating a free account on Lime Fx.com to see which options are available to you. It accepts all trading styles and Expert Advisors on the MetaTrader 4 platform. Lime Fx’s MetaTrader 4 integration provides a smooth trading experience, with no lags and only minimal slippage.
- The synergy of innovative trading tools, comprehensive market insights, and a seamless trading environment makes Lime Fx a preferred choice for traders seeking integrity and excellence in the world of forex trading.
- Lime Fx uses a no-dealing desk model and does not act as a market maker, reducing the risk of price slippage or a conflict of interest by the broker.
- Whether you are facing technical issues, account-related queries, or need help with your trading platform, Lime Fx’s support team is prepared to assist promptly.
- Legal documents are also readily available and written in straightforward, easy-to-understand language.
- As a scalper, i’m certainly enjoying trading with it everyday.I look for the setups in a 1 minute timeframe, and take trades that strictly align with my trading rules.
One excellent addition would be copy trading, allowing rookie traders to mirror and learn from more experienced peers, who can earn commissions from copiers. The very first thing I noticed when I started trading with the ECN XL account was the instant execution. I was trading with another broker previously, and after I pressed the buy or sell button, there was a little time to wait for the trade to be executed. So many times my trades were executed at a different price than the one I saw on the chart.Here things are completely different. Plus the spreads are tight.My overall trading experience and profits improve by far just by changing the broker I trade with.
Trade Forex
Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions. DayTrading.com may receive compensation from the brands or services mentioned on this website. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. Compare the markets and instruments offered by Lime Fx and its competitors.
- However, it does not support stock or ETF trading, limiting asset diversification.
- EeziePay and AWEpay process both deposits and withdrawals instantly, however you should be wary of currency conversion fees.
- The order is activated when the price of a currency pair reaches a certain price level.
- With over 200 available assets, traders can diversify their portfolios and take advantage of different market conditions.
This account features spreads starting from 0 with no trading commissions, providing a cost-effective trading environment. One of the standout benefits of Lime Fx is the absence of a minimum deposit requirement, allowing traders to start with any amount that suits their needs. Lime Fx presents a plethora of advantages including premier trading conditions, instructive educational tools, and the incorporation of the renowned MetaTrader 4 and MetaTrader 5 platforms. It stands out by offering highly competitive spreads, a transparent execution model, and a welcoming environment for any trade strategy, devoid of any commission. We are committed to our clients’ success, by delivering competitive pricing, via the fairest and most transparent order process in the retail forex trading market. Lime Fx’s main objective is to empower its clients with all the tools they require, to develop their skills, whilst enjoying an unrivalled trading experience, during every step of their journey.
The variety of contact options allows traders to choose the method that best fits their needs, whether they prefer quick responses through live chat or more detailed assistance via email or phone. Lime Fx is committed to providing consistent and responsive customer support to all its clients. Lime Fx minimizes non-trading fees, offering a highly transparent fee structure. The broker does not charge any fees for inactivity or deposits on certain account types, allowing traders to maintain and fund their accounts without worrying about hidden costs.
If you fund your account in a different currency, Lime Fx will use Hellenic Bank’s exchange rates, published here. Lime Fx’s trading account is also available without a swap, upon request. Open your account online and contact your account manager for more information. In our opinion, its Islamic account is one of the best on the market because you can keep your positions open for as long as you want without incurring additional costs.