by 
Lime Fx excels in customer service thanks to its sophisticated AI assistant. It also offers support via email and has developed a FAQ section for more general questions. Help is available in multiple languages, including English, Spanish, Urdu, Arabic, and French. A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight.
- In our review, the entire withdrawal process took less than 35 minutes.
- Given its responsive and multi-channel customer service and the supplementary resources provided for customer support, Lime Fx showcases a strong commitment to assisting its clients.
- The Lime Fx dashboard clearly displays the progress of these lots and the application of the bonus in a detailed manner.
- A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates.
- It’s important to note that minimum deposits and trading costs will also depend on which Lime Fx entity you choose for establishing your trading account.
- Additionally, Lime Fx does not charge any fees for deposits or withdrawals, further reducing the overall trading costs for its users.
Lime Fx trading account types
Lime FxTrader’s charts are light and easily scalable, allowing for detailed technical analysis. However, its analytical tools and chart configurations are very limited. I checked Lime Fx’s numbers and discovered that the broker has been operational for 14 years and employs over 700 professionals globally, according to its LinkedIn page.
With flexible leverage and access to global assets, traders can pursue various strategies across dynamic markets. To get a competitive edge, each online broker looks for new ways to improve client experience. For example, Lime Fx aims to make trading more data-driven, transparent, and accessible.
Additionally, the app allows users to view the history of each operation, including changes made to orders, with great clarity. Scalping, hedging, and the use of expert advisors (EAs) for algorithmic trading are permitted. For instance, arbitrage trading is prohibited under their Customer Agreement.
Lime Fx’s Classy Gift Program for Active Traders
In 2019, Lime Fx announced that its MT4 and MT5 accounts would not incur swaps or any type of commission. Lime Fx offers a single account type with adjustable leverage, Islamic account options, and low spreads. It limefx official site aims to simplify the process for beginners while still providing flexible tools for more experienced traders. Lime Fx’s demo account gives traders a realistic, zero-risk environment to explore Forex markets. Using real-time data and full platform functionality, you can practise strategies, test bots, or compete in demo contests – without risking actual money or time limits. Lime Fx offers Islamic trading accounts built for Muslim traders who follow Sharia law.
- If you want to practise trading skills, create a demo account and trade in real market conditions with unlimited virtual funds.
- I liked its innovative market trackers, sophisticated market breakdowns, and featured trading ideas.
- Furthermore, through MetaTrader, clients have the opportunity to become “Master Traders,” enabling their trades to be copied by others, for which they receive an income.
- Brokers operate multiple entities globally, but regulatory protections vary.
- It is a global company with several entities responding to different regulatory needs.
Lime Fx also provides services through Uni Fin Invest, which is based in Mauritius and operates under the regulation of the Financial Services Commission (FSC) of Mauritius. Uni Fin limefx official site Invest holds an Investment Dealer licence (Full Service Dealer, excluding Underwriting). One negative aspect we encountered while trading with MT4 was that it does not allow for regular partial closes.
This approach has allowed Lime Fx to build trust among traders worldwide and establish itself as a reliable option for forex and CFD trading. Lime Fx offers a variety of educational resources to help traders improve their skills. These include tutorials, webinars, market analysis, and articles on trading strategies and risk management. The educational material is designed for traders at all levels, making it easy to develop a comprehensive understanding of the markets.
Accessing the bonus is a straightforward process and can also be configured automatically. Copy trading is also available, allowing clients to automatically replicate the trades of other selected traders. Furthermore, through MetaTrader, clients have the opportunity to become “Master Traders,” enabling their trades to be copied by others, for which they receive an income.
Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14. The entire process can be completed quickly, often within a day, provided the necessary documents are readily available.