The minimum deposit depends on the account type and payment method, but it can be as low as $50 for some account types. All of the two platforms on offer are well regarded in the trading community. The MetaTrader suite of services is the most popular globally due to the blend of features it offers.

These labels denote some milestone that the Master Traders have reached, although their performance and results limefx review can vary. Firstly, the broker doesn’t offer the best range of asset coverage. The major forex pairs are offered, yes, but almost no emerging markets are.

• The broker offers EUR/USD from 0.90 pips which is some of the tightest spreads for a Standard account I’ve tested.
• Lime FxFX offer a great choice of platforms for convenient access to the markets on all of your devices.
• Most clients have reservations about the company’s legitimacy.
• However, the offshore entity of the broker is regulated by just a 3rd tier regulatory body.
• The funding options include wire transfer, credit/debit card, digital wallets and cryptos.
• 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).

Broker Fees and Commissions

The trading interface of Lime FxTrader is quite unique, it presents users with extended functionality. It combines market data with charting, so customers can see live prices of instruments even as they perform live analysis. However, on a review that an account has been inactive for long it gets deactivated. Various account types on the 3 platforms have different deactivation dates as stated below. Spread is the difference between a broker’s bid and ask price.

Fast transaction

As for education, I thought Lime Fx did a good job at presenting the basic concepts of forex trading through an online video course. I liked the daily webinars with professional traders that let you learn while trading in a live environment to experience how traders analyse the markets in real time. Lime Fx offers the basic options when it comes to funding your account through traditional methods and some crypto options. The broker offers reasonable times to process your deposit and withdrawals. As you can see from the above table all the accounts offer the same regarding trading costs, the only difference is the trading platform. If you want to trade all markets Lime Fx provides, I found your only option is the MetaTrader 5 account.

MetaTrader 5 🤖

• For traders who want to practice before committing real money, Lime FxFX offers a free demo account.
• In this review, the FXStreet team presents an independent and comprehensive analysis of Lime Fx, grounded in direct testing and real user experiences.
• If you want to trade all markets Lime Fx provides, I found your only option is the MetaTrader 5 account.
• It is divided into quotes; market data, chart, trade and history.
• An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
• Filippo specializes in the best Forex brokers for beginners and professionals to help traders find the best trading solutions for their needs.
• The economic calendar, pip calculator, and other tools are integrated within the app, while the web version contains links directing users to external pages.

I’d like to have seen an option for bank transfers as I feel most secure about this process. However, Lime Fx has e-wallet options through Neteller and Skrill were also a positive as they also provide instant funding like the Mastercard option. These are two offshore regulators that allow Lime Fx to provide secure financial services in 180 countries.

Spreads

There is an economic calendar, daily analysis posts, as well as trading signals and scammed by limefx market insights. Video content is also provided and covers a variety of topics. The videos are supported on YouTube, and much of the content is archived.

No stocks are offered, only 2 commodity assets, and 2 cryptocurrencies. As mentioned briefly above, Lime FxFX offers 3 main account types. The account type will determine which platform you trade with, as well as the fees charged.

Copy Trading Review

There are more technical and fundamental indicators for chart analysis, 21 timeframes, graphical objects, support for more order types, an economic calendar and more. I would say this is a good stock trading platform for those of you who are looking for something more than just forex. MT5 is available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet).

TRUSTED BROKERS & TRADING PLATFORMS

VT Markets is a multi-regulated CFD broker based in Saint Vincent and the Grenadines that offers multiple trading instruments. We will cover the leverages, spreads, trading platforms & apps, account opening and verification processes, fees and commissions, and safety measures, all in this VT Markets review. The company currently has a proprietary trading platform known as Lime FxTrader.

Daniel Timilehin