Lime Fx has established a strong global presence, with offices strategically located in key financial hubs around the world. Its headquarters are based in Cyprus, a popular location for many leading brokers due to its favorable regulatory environment and proximity to Europe, the Middle East, and Africa. Beyond Cyprus, Lime Fx has expanded its operations to include offices in the United Kingdom, South Africa, Dubai, Nigeria, and Seychelles, among others. Lime Fx offers the industry-standard MetaTrader 4 and 5 platforms, along with their own HF Copy platform for social trading. We appreciate your feedback and apologize for the difficulties you faced. Providing a smooth and reliable trading experience is our top priority.
- The MT4 platform shows excellent trading features during testing with over 50 technical indicators, sophisticated charting tools, and adjustable trading options.
- HF Markets offers a solid, flexible trading experience with a variety of account types and accessible deposit requirements.
- Traders can start with any amount, making this account one of the most accessible live trading options for beginners and budget-conscious retail traders.
- This insurance policy provides coverage of up to a specified amount, adding an extra layer of security for clients.
- Yet, Lime Fx might not be the best for traders who prefer other than MetaTrader platforms and need thousands of tradable instruments.
- Third-party processing fees, however, could be applicable depending on the payment method chosen.
With several options for deposits and withdrawals, and low minimum amounts, HF Markets scores high in this category. In terms of transferring your funds from your bank account into your Lime Fx account, there are several options (some are better than others). The broker also offers negative balance protection, which protects you against going into debt in times of a losing trading position. MT5 like MT4 is another platform that is commonly available with Forex brokers and one we are very familiar with.
Lime Fx Desktop MetaTrader 5 Platform
- Designed for Android and iOS smartphones, the app offers a flawless trading experience with tools that improve accessibility and utility.
- If you have an insight on interest rates, or where the bond markets will move, you can trade contracts based on the Bund, Gilt, and U.S.
- This shows that they are dedicated to client flexibility and gives you a comfortable point of entry regardless of your trading requirements.
- The AUD/JPY pair sees a spread of 2.4 for Lime Fx, while the industry average is 2.1.
- Beyond Cyprus, Lime Fx has expanded its operations to include offices in the United Kingdom, South Africa, Dubai, Nigeria, and Seychelles, among others.
Overall, Lime Fx’s platform selection ranks good, with a rating of 4.2/5, for industry popular software offered making it suitable for various trading styles and strategies. However, for alternative and specialized platforms like TradingView or cTrader Lime Fx is not an option since Broker does not provide these software. Standing on a strong background and with multiple regulations, Lime Fx Group provides Financial Stability and consistency, ensuring adherence to rigorous financial standards.
Yes, you can upgrade to a Pro Plus Account at any time, but you will need to meet the $250 minimum deposit requirement. Trading contests with prizes are held monthly on both demo and real accounts. In addition, you can receive cashback at a certain rate based on the free margin if you meet the conditions of “Return on Free Margin”. As for incentives, there is a 20% deposit bonus, which can be used as margins. A loyalty program is also available where you can receive Lime Fx Bars that can be exchanged for cash.
Lime Fx’s Copy Trading provides a practical, flexible solution for beginners and experienced traders looking for passive income. Followers gain from expert strategies, while Providers earn based on performance, creating a win-win setup that benefits both parties equally. The Provider’s trades are automatically replicated in the Follower’s account in real time. You can set capital limits, manage risk, and stop copying anytime—total flexibility with expert-level execution. Lime Fx’s MetaTrader 5 platform combines next-generation technology with powerful trading tools, making it ideal for traders seeking advanced functionality.
Lime Fx Zero Spread Account
MT4 also comes with 23 drawing tools to help identify support and resistance levels, or trend lines. We found making use of these very easy, just click on the drawing tool and select the points on the chart you’d like to draw a line through. The Lime Fx Affiliate Program is ideal for anyone looking to monetize their network.
We take published spreads from the broker’s website and compare them with other brokers. Lime Fx offers reliable and fee-free funding options with fast processing https://limefx.name/ times. Whether using local bank transfers or digital wallets, clients enjoy flexibility, strong security standards, and 24/7 access to manage their funds efficiently. Lime Fx’s award-winning mobile trading app delivers a seamless, feature-rich experience for traders at every level. With real-time quotes, advanced tools, and secure account management, the Lime Fx App transforms your smartphone into a full-scale trading command center.
Lime Fx operates using a hybrid execution model, combining both Dealing Desk (DD) and No Dealing Desk (NDD) systems. HF Markets offers a variety of secure and trusted deposit methods, including Bank Transfers, Debit/Credit Cards, and Cryptocurrency options. The broker does not charge any deposit fees, making it cost-effective for traders to fund their accounts. Our Hotforex review also discovered that this broker is perfect for beginners, as they offer an excellent Lime Fx demo account. You can use the demo account for however long you like to practice trading in real market conditions.
It is important to include the broker’s name, your account number, and the size of the issue you are facing. This diverse range of instruments allows traders to diversify their portfolios and explore various market opportunities. This multi-regulatory approach ensures that Lime Fx adheres to strict guidelines, maintaining a high level of transparency and security for its clients.
Instruments
Filippo Ucchino has developed a quasi-scientific approach to analyzing brokers, their services, offers, trading apps and platforms. He is an expert in Compliance and Security Policies for consumer protection in this sector. Filippo’s goal with InvestinGoal is to bring clarity to the world of providers and financial product offerings. Lime Fx’s primary income sources are spreads on all the accounts and trading volume commissions of $6/lot round turn on the Zero account. Lime Fx also makes money from swap fees on open positions overnight and inactivity fees of $5 per month after six months.
The base currency options within the Lime Fx Zero account include USD, EUR, PLN, NGN, and JPY, depending on the trader’s region and the broker’s entity. The Lime Fx Zero account requires a minimum deposit of $0 which makes it readily accessible. Popular among traders for its easy-to-use interface and incredible capability, Lime Fx provides the MetaTrader 4 (MT4) platform as a choice for its traders. The MT4 platform shows excellent trading features during testing with over 50 technical indicators, sophisticated charting tools, and adjustable trading options. Expert Advisors (EAs) let traders apply automated trading techniques, enabling effective trade execution depending on predefined criteria. HF Markets provides a range of reliable deposit and withdrawal options to suit different preferences, from traditional Bank Transfers to more modern methods like Cryptocurrencies.
Cost Structure and Fees
For transactions involving currencies other than the account’s base currency, conversion fees are applied based on internal exchange rates. Lime Fx explicitly states that it is available for all traders, meaning every client can use the option. Opening an account with the broker is a straightforward process designed to get you trading quickly while ensuring compliance with regulatory requirements. While the broker offers numerous advantages, it’s essential to consider these factors in the context of your individual trading needs and preferences. However, different payment channels require certain amounts ranging from $5 to $100. I found the volume of research released by the analyst team to be more than sufficient for keeping most traders up to date with the latest market movements.
Important point withdrawal fee is actually 0$ and indeed is amazing, allowing you not to worry about extra fees. However, Wire Transfer may involve some correspondent fees according to your bank and international policies, besides some of the methods may have minimum withdrawal amount set. The minimum deposit is $100; the maximum deposit is ten thousand dollars.
These platforms are available on desktop, web, and mobile devices, ensuring traders can access their accounts anytime, anywhere. Lime Fx goes a step further in ensuring client safety limefx website by providing insurance against market risks. This insurance policy covers eligible clients up to a certain amount, offering compensation in cases of unforeseen events that could affect clients’ funds.
The cheapest account on Lime Fx is the Lime Fx Zero account with raw spreads starting from 0 pips and $6/lot commission round turn (14% cheaper than the standard industry commission of $7/lot). Traders can utilise MT4, MT5, and the Lime Fx App trading platforms with the Lime Fx Top Up account. Additionally, The Top Up account also comes as a swap-free option, accommodating Islamic traders who need to comply with the Shariah Law. The Top Up account supports various base currencies including USD, NGN, ZAR, and JPY, based on the trader’s location, with a minimum deposit requirement of $0. Top Up account grants access to all Lime Fx trading instruments and provides a minimum trade size of 0.01 lot. Premium Pro account provides access to all Lime Fx trading instruments with a minimum trade size of 0.01 lot.
The free seminar organized with the three days scheduled forex trading training.Also, the cash prizes of the $500 given to beneficiary each during the seminar ending. You can download the MT4 program from the Lime Fx site, or choose to use it through a web terminal. Lime Fx charges an inactivity fee on all accounts that have remained dormant for more than six months. Should your account remain unused for between six months and one year, a $5 fee is charged. This increases to $10, $20, and the previous year’s fee + $10 per month for inactivity periods of 1-2 years, 2-3 years, and over 3 years respectively. You can even participate in a demo contest on Lime Fx and stand a chance to win real cash prizes.
Lime Fx offers webinars, articles, and market analysis tools to enhance your trading knowledge. Lime Fx offers live chat, email, and phone support (availability might vary depending on region). By carefully evaluating your needs and comparing Lime Fx to other brokers, you can make an informed decision about where to embark on your forex trading journey. These payment methods are designed to be fast, secure, and convenient, with most transactions processed within a short timeframe. To log in to your HotForex account, go to the HotForex website and click on the “Login” button in the top right corner.