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Trade on currency pairs Lime Fx

par | 22 Juin 2022

Lime Fx fx forex broker

Romania is a high-income economy, one of the fastest-growing economies in the EU, and an attractive Forex market. Romania is an EU member but operates outside the Eurozone with its domestic currency, the Romanian Leu, which is unavailable for trading at online retail Forex brokers. Education and an account with the best Forex brokers in Romania are key to success, but how do you find the right broker? My analysis provides an overview of the top Romanian brokers, plus a guide to help avoid beginner mistakes and shorten the learning curve. Overall, Lime FxFX’s copy trading feature is a game-changer for the forex trading industry. With its ease of use and accessibility, anyone can now participate in the exciting scammed by limefx world of forex trading.

Lime FxFx Overview

Lime Fx fx forex broker

Coming to assets, the company offers a wide array of tradable assets, allowing clients to pick their favorites and suitable ones for trading. There is also an availability of multiple trading tools and indicators, which serves to enhance clients’ trading experience and help them trade confidently. The company, besides featuring a full fledged FAQs section to help clients find answers to their queries on an immediate basis, offers multilingual customer support 24 hours 7 days a week. The MT5 account, also called innovative account, is an account type for clients with trading expertise. Its trading instruments are inclusive of forex, commodities, indices, cryptocurrencies and stocks. Lime FxFX is known for offering a smooth trading experience with user-friendly platforms and valuable market analysis .They also cater to a variety of traders with different account options.

Desktop Trading Platform

In terms of trading strategies allowed, scalping, expert advisors and hedging are all permitted across each of the two account types, which is not to be taken for granted. The Pro account uses the MetaTrader MT5 platform and offers a wider range of markets than the Micro account and spreads also tend to be a little tighter. Lime Fx Markets Cyprus Ltd is an investment firm registered in Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC) using the domain Lime FxFX.eu. This enables users to trade with a broker under European regulatory oversight with enhanced levels of safeguards. Yes, Lime Fx is legal and regulated across multiple jurisdictions covering the EU and Asia.

Lime Fx fx forex broker

What is the minimum deposit required to open an account with Lime Fx?

  • Even with this ECN/STP broker model, the spreads on currencies and other assets are extremely competitive and are on par with many online trading platforms.
  • The Tutorials section focuses on Lime Fx – specific guides, and Video Tutorials cover MT4/MT5, the personal area of Lime Fx, and Lime Fx Copytrading.
  • Their platform is easy to use and their market analysis is consistently reliable.
  • The MT4 account demonstrates the limited selection by only offering four stock indices (AUS200, GER30, NAS100, US30).
  • The MT4 account, also called traditional account, is an account type used by new and experienced traders alike.
  • Traders can email the support staff at for non-urgent questions.

The broker also offers wonderful features that are unique to the company alone. In addition to keeping the client’s investments safe and separate from its capital, the broker ensures maximum transparency. However, the company’s offshore entity is not regulated by a tier 1 regulatory body, which offers a less sense of security.

  • From trend lines, to crosshairs, to zoom tools, they offer a broad range for trading optimization.
  • As for account management, I found the deposit and withdrawal services to be fast with same-day funding and withdrawals with no fees.
  • In addition, when trading with a broker authorized by CySEC, client funds are protected by the Investor Compensation Fund (ICF).
  • Most clients with high volume accounts have an adverse opinion about the company.
  • The predicted improvement in the Masters’ ranking will help to more fairly depict their performance.
  • Lime Fx stands out with several unique features designed to enhance the trading experience and provide insights into market trends.

Does Lime Fx offer a demo account?

Lime Fx said that offering swap-free accounts aligns with its business goal of serving a global clientele. One of Lime Fx’s impressive features I found was the no swap fees on all of its accounts. This means you can hold CFD positions overnight without being charged interest or fees like non-Islamic accounts do, making the broker a solid pick if you trade stocks. The other feature I liked was that you do not pay swap fees on your CFD positions, saving you money should you keep your trades open longer than 24 hours. This makes Lime Fx an attractive option for stock trading CFDs as you won’t need to worry about swap fees cancelling any day’s profits, so you can keep the positions open.

There is a strong trader focus to the platform backed by very high-quality industry-standard research and learning services coupled with a strong in-house copy trading facility. The pushback comes from the more limited number of instruments a user can limefx reviews trade on this platform. However, this should not detract from what Lime FxFX is, as a convenient, efficient, cost-effective trading proposition, that is attracting a number of third-party industry awards.

If you want to see how Lime Fx’s spreads compete with other Malaysian brokers, I created a simple trading cost tool that you can use. Lime Fx handles customer queries through multiple channels including a live chat function, email, and phone support. Lime Fx offers a broad spectrum of tradable instruments to cater to different trading interests and strategies, though it doesn’t include all potential asset classes. The global currency market is divided into four major trading sessions. They slightly overlap, allowing you to trade most major and minor Forex pairs almost 24/5, with just a brief recess. All traders must go through a period of trial and error to become pros.

With a wide range of payment options and fast withdrawal times, Lime Fx ensures that clients can easily manage their funds. The fact that Lime Fx covers third-party fees adds an extra layer of convenience for traders. Lime Fx offers two powerful trading platforms, MetaTrader 5 (MT5) and its proprietary Lime FxTrader, catering to different types of traders. While MT5 is known for its technical sophistication and is ideal for experienced traders, Lime FxTrader is designed with simplicity and versatility in mind, making it perfect for beginners. Available on Lime FxTrader and MetaTrader 5, these accounts provide access to tight spreads starting at 0.6 pips, no commissions, and no hidden fees. With a minimum deposit of $25 and access to real assets, Lime Fx’s Islamic accounts offer a secure and ethical trading environment.

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