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With these platforms, traders get access to gauging the depth of a financial instrument in the market. Their real-time data assimilation also keeps users up-to-date with market happenings and trading events. lime fx is also one of the award-winning forex brokers Australia, recognized by brands such as Deloitte, LimeFx Trends, and Investopedia. It has also been awarded by the Governor of Victoria, Australia, for providing excellent customer service and performing well under diverse trading conditions. lime fx offers a standard account type, oriented towards smaller accounts, and a Razor account with tighter spreads for more advanced and Expert Advisor algorithmic traders.
By opening a multi-currency bank account with a digital bank, a trader can also save on currency conversion expenses. It offers more than 70 currency pairs and CFDs on indices, shares, commodities, and cryptocurrencies. lime fx also offers priority customer support for Razor account holders. Currently, there are no defined options for men and women with hearing limitations. lime fx is an Australian broker focused on providing international forex, CFD and cryptocurrency trading.
lime fx has clear portfolio and fee reports.You can easily see your profit-loss balance and the commissions you paid. You can’t set alerts or notificationson the lime fx web trading platform. This feature is available only on the desktop trading platform. Bank transfer withdrawals are also free in the EU and Australia, but cost $20 for clients in other countries.
lime fx Deposits and Withdrawals
lime fx is one also one of the best brokers I have ever worked with. lime fx is one of the few trusted brokers with high leverage. I have traded with this broker for months in 2022 and I haven’t faced any major problem. I’ve never been able to fault the customer service and this is important in this game…. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. Thanks for taking the time to leave your feedback, and we are sorry to hear you’ve had a bad experience with us.
Hello brand254, we are sorry to hear about your unpleasant experience with withdrawing your money. Our client service support team is happy to help you sort it out. The analysis section covers a wide array of topics, from politics to other newsworthy events, while a section called the “Daily Fix” provides analysis on market-moving events. The broker’s Twitter account also appears to be quite active. MT4/5 and cTrader provide few research features but the Smart Tools add-on for MT4 partially remedies this deficit. Additional research with “more insights and analysis” is available for active traders and high-volume traders.
Had an excellent experience with Oriana who was extremely helpful and prompt. The company would now release my funds despite providing all the docs they requested. It has been nearly 2 weeks since my withdrawal request and my money is stuck in limbo. I’m based in South Africa and originally did a transfer into my trading account via my Mastercard.
Look and feel
It delivers a complete trading experience, which is much more competitive than other best forex brokersin the online forex trading community. The company stands superior with its lightning-fast execution systems. The trading platforms utilize automatic stop-out systems to eliminate negative balances, but the website admits that “losses may exceed your deposit amount” in volatile market conditions. lime fx offers negative balance protection, which is mandated under ESMA rules that went into effect in 2018, for its U.K./E.U. Clients do not receive negative balance protection, and no stop loss is guaranteed. The broker does have two-factor authentication but does not offer bio-metric authentication for its mobile application.
Smart Trader Tools for MT4 extend technical functionality, adding a suite of apps that assist with trade execution, market research, and depth of market analysis. lime fx’s costs are very competitive within the online brokerage industry. The other instruments offered by lime fx all have either straight spreads or some combination of spread plus commission. lime fx offers uncomplicated access to the markets which allows the client to focus on the complicated task of trying to successfully trade the markets. lime fx is ideally suited to traders that want a manageable range of low-cost offerings, multiple choices of user interfaces and account types, and efficient customer support.
The MetaTrader 5 forex trading platform makes an exception where it allows US-based trade to share CFDs. CTrader comes with an updated UI that offers features such as one-click trading, payment gateway integration, and real-time data processing. The trading platform also enhances the trading experience for new traders with its easy-to-navigate working application. While Plus500 presents access to significantly more assets than lime fx, the latter delivers a more competitive and valuable overall trading environment. Plus500 does not provide any value-added services, and its proprietary webtrader lacks many competitive features.
GSLOs protect the trader from market gap risk and many brokers are willing to offer it and accept the risk themselves. lime fx does not offer guaranteed stop loss orders, and negative balance protection is available only for U.K./E.U. Please note that by investing in and/or trading financial instruments, commodities and any other assets, you are taking a high degree of risk and you can lose all your deposited money. You should engage in any such activity only if you are fully aware of the relevant risks.
- I am glad to say that I never had a wonderful customer service like lime fx.
- Opening a live account at lime fx is a very simple process that should take less than 10 minutes.
- However, some users have noticed differences between the spreads offered between MetaTrader 4 and MetaTrader 5 platforms not reflected accurately on the website.
- People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
Additionally, lime fx offers the cTrader platform, and I find the overall choice of trading platforms excellent. All three platforms support algorithmic trading and come with embedded copy trading functions. lime fx also provides social trading via third-party providers Myfxbook, MetaTrader Signals, and DupliTrade. lime fx also caters well to beginner traders with a quality educational offering, in-house research, and 24/5 multilingual support. lime fx offers online Forex trading through multiple Forex trading platforms, including MetaTrader 4, cTrader, TradingView and Apps for iPhone and Android.
Beginner traders have an in-depth collection of articles, supplemented by webinars and two trading courses. It grants new traders a high-quality introduction to financial markets. I recommend beginner traders take their time with the valuable content available at https://limefx.name/ lime fx. The lime fx Webtrader offers a lightweight trading platform for manual traders who trade from numerous devices during the day. lime fx offers 62 currency pairs, three currency indices, nine cryptocurrencies, and three cryptocurrency indices.
ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations. Click the pen icon for the account you are changing the leverage on. lime fx also allows scalping, news trading, EAs, and algos.
lime fx also shares a fully-licensed use of its trading platforms, mainly the MetaTrader 4 and MetaTrader 5 platforms. It also provides the cTrader platform to help its users stand out in the global arena of forex brokers. lime fx offers Forex traders a commission-free account, where the minimum markup commences from 1.0 pips. Low-frequency limefx official site traders will find a more competitive pricing structure at Plus500 due to dynamic, market-dependent, commission-free Forex spreads. The Razor account at lime fx shows a commission of $7.00 per round lot for access to raw market spreads. The three-tier Active Trader Program a lime fx allows clients to lower the final trading costs.
Despite these flaws, lime fx remains a very strong choice for international traders. I am glad to say that I never had a wonderful customer service like lime fx. Gescard Hessen was very helpful every time I needed the support from lime fx.
It gets updated in real-time and provides information necessary to gain profits on every trade. This information is filtered by the margins, pip values, and trade values. As a result, the trader can get the exact information required to make an informed limefx scammers decision. lime fx has to run a complicated process of finding success in every trade made by its clients. In this process, it gives priorities to certain performance parameters, but it also falls limited to some other aspects of trading.
Why lime fx?
You can choose from two account types, Standard and Razor, which have different pricing structures. What you need to keep an eye on are trading fees and non-trading fees. lime fx’s account opening is fast, easy, and fully digital. Deposit and withdrawal processes are user-friendly and, in most cases, free of charge. lime fx is an Australian forex broker that also offers CFDs.
For example, if the market gaps over the selected rate and the tolerance interval then this order is immediately cancelled. The trader also has the option of selecting the expiration time of this order. lime fx’s cTrader has four basic order types with the option of attaching “take profit” and/or “stop loss” orders to them.
It is a mirroring service that allows you to copy other trades from other trading systems. lime fx is primarily a forex broker with a good selection of other CFD products including cryptos, popular shares and commodities. The major difference is that you can set alerts and notificationson the desktop trading platform, in the form of mobile push and email notifications. To set email or mobile notifications, you must add your email address and mobile MetaQuotes ID . If you prefer trading at high volume, you may want to check out the Active Trader program.
I can’t withdraw from my account I
TopBrokers.com will not accept any liability for loss or damage as a result of reliance on the information on this site. Forex pairs, cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money. TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
Introducing brokers program
lime fx does not limit the analysis of its clients’ performance to basic metrics. It touches the deeper levels and identifies the data useful to help out a new entrant of online forex trading. However, there are tax accounting tools provided by lime fx on these platforms. Based on the commissions, the Razor account charges a minimum of $7 for a round-trip trade of 100k lot.
lime fx is an Australian private company established in 2010.A longer track record means the company has successfully navigated periods of crisis or uncertainty in the financial sector. A good example is how lime fx handled the Swiss franc crisis in 2015. However, we’ve seen better implementations of this tool elsewhere; for example, we missed filters. We really likedthe analysis written by lime fx’s research team. The authors have a good understanding of volatility regimes and macro. Technical indicators and other editing tools, such as trendlines and Fibonacci retracement.