To deposit funds in an Lime Fx trading account, clients can use credit cards (Visa and Mastercard), debit cards, bank transfers, Western Union or e-wallets. This design provides a seamless and consistent trading experience across different devices, allowing traders to manage their activities efficiently while on the move. These apps, compatible with a variety of devices including iPhones, iPads, and Android phones and tablets, ensure that mobile users have unrestricted access to all market types and order options. Lime Fx’s mobile trading apps, available for both MetaTrader 4 and MetaTrader 5, offer full functionality, mirroring the capabilities of the desktop and WebTrader platforms. The commission fee of $3.50 aligns with the industry standard, as seen with brokers like IC Markets, Pepperstone, and FxPro, all charging an identical rate. However, certain brokers like Lime Fx and GO Markets are slightly more competitive when it comes to commission costs.

Desktop Platforms

1. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.
2. Experienced traders may prefer the Lime Fx Zero Account for its lower spreads and cost efficiency.
3. Immerse yourself in a revolutionary mobile trading experience with the refined and advanced Lime Fx MT4 & MT5 app.
4. The Lime Fx MetaTrader 5 WebTerminal trading requires no further software to be installed.

With Lime Fx’s MultiTerminal platform, Kenyan traders can manage numerous accounts from a single screen. With the MT4 platform, Kenyan traders can expect a familiar trading experience, but with much more power and capacity. That said, Lime Fx falls behind with its limited pricing, range of markets, and platform offering — none of which can compete with the best brokers in this space. Lime Fx Group is a trusted MetaTrader-only broker that offers an outstanding selection of high-quality educational content and market research. Lime Fx offers guaranteed negative balance protection across all accounts, ensuring traders don’t owe more than their account balance.

The broker has about 10M traders using their platform, which says a lot about their honesty. The two features we found particularly useful during our review, were the Discover and Trade Ideas. These offer useful market sentiment data and insights to help inform the decision-making process. We found several features useful, namely the forex calculators, exclusive technical indicators and VPS hosting. Global investors can also access copy trading, where they can mirror the trades of strategy managers with performance metrics to help them find the right provider for their goals. Another bonus for us is that the paper trading account does not expire, so you can make use of it alongside your real-money account.

How To Open A Demo Account

Lime Fx.com offers an excellent breadth of 1000+ instruments, with trading opportunities on popular asset classes, including forex, stocks, indices, commodities and cryptocurrencies. Yes, Lime Fx is regulated by the Financial Services Commission, ASIC, and CySEC. Lime Fx is regulated by tier-one financial regulatory agencies, which ensure that it adheres to best practices when dealing with clients.

The Lime Fx MT4 Multiterminal stands as the quintessential platform for traders aiming to manage multiple MT4 accounts effortlessly through a single, intuitive terminal. This system is fabricated to provide ease, featuring one Master Login and Password, enabling traders to orchestrate their transactions fluidly. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. This is the typical account that is chosen by most retail traders, offering typical spreads and other account features.

Lime Fx offers a choice of accounts to suit different trading styles, budgets and experience levels. European and UK clients, for example, can access the Ultra Low Micro, Ultra Low Standard or Lime Fx Zero accounts. Global clients, on the other hand, can open a Micro, Standard, or Lime Fx Ultra Low account.

Lime Fx MT4 Multiterminal: A Symphony of Seamless Trading

Investor protection is important because it provides confidence to potential investors that their money is safe and protected. It also ensures that financial markets are fair and transparent, which promotes stability and growth. To keep funds secure, segregated accounts are sometimes held with top-tier banks. Available for both PC and Mac OS, Lime Fx MT5 WebTrader is the conduit to global markets without the need for additional software downloads. Whether it’s Stock CFDs, Forex, or CFDs on Energies, it offers an extensive range of instruments, assuring an immersive trading experience. Navigate through more than 100 accounts simultaneously, unlocking the gates to the diverse financial markets globally.

➡️ Traders can provide their account ID and password to log in. The MetaTrader 5 platform has been tailored to fit the needs of Lime Fx customers regardless of their preferred trading style or asset class, and this resulted in the Lime Fx MT5. Steven Hatzakis is the Global Director of Research for ForexBrokers.com.

The platform is regulated by the Financial Services Commission, ASIC, and CySEC. From our Lime Fx forex review, we discovered that the account opening process is quite straightforward, with abundant educational content available for free. While Lime Fx is not a no spread forex broker, it maintains spreads that are competitive and within the industry’s fair range, with the default spreads set to variable and the EUR/USD having an average of 1.9 pips. Lime Fx Group elevates the trading experience by offering a diverse range of trading instruments through its robust and regulated entities.

So their card is not THAT important to have…I use spread rebate when trading with Lime Fx, that one is very useful for anyone unaware. 😃 We’re thrilled to hear you’re enjoying our fast execution, tight spreads, and fee-free deposits and withdrawals. It’s great that our wide range of instruments suits your needs, and we appreciate your suggestion about synthetic cryptos! My account margin level was still at 3000%, and there was no significant price movement. Suddenly, my order was stopped out without any clear explanation. When I asked for details, they just told me my order was executed correctly without providing further clarification.

When Kenyans start the account opening procedure, they can expect the account to be approved within the next working day. Kenyan traders need to complete a digital application in which they must provide personal information, employment details, source of funds, trading experience, and other categories. This account type is known for its ultra-low trading fees, providing scalpers and other day traders with the best trading conditions in a fast-paced financial market environment. While many brokers start charging clients account inactivity fees after 6-12 months, Lime Fx traders who have not traded for 90 days will be charged a monthly inactivity fee of $5.

We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range limefx of other important fee-based data points. Lime Fx has 3 types of commission-free account types, including a micro-lot trading account, making the broker a good choice for beginners. All accounts promise no requotes or rejections, fast execution and unlimited access to MT4 and MT5 including expert advisors. From what i’ve seen, Lime Fx has 100% guarantee on order execution, 99.35% of orders are executed in less than 1 second. Lime Fx covers all my commission costs, at least so far.The instrument amount very impressive.

MetaTrader 4 on Lime Fx is tailored for forex traders looking to develop and execute automated trading strategies. Lime Fx offers traders the choice between MetaTrader 4 (MT4) and MetaTrader 5 (MT5), each catering to different trading needs. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. If you have experience trading with Lime Fx please share your personal review of the broker and what you think are strong and weak limefx scam points.

I also like the range of payments methods which is kinda broad, so I could choose exactly data gateway I needed, money came within few minutes without any delays and unexpected fees. As for trading itself, then there are many assets to take advantage of. I adore this selection even though I focus only currency pairs.

Trading with Lime Fx can be done from any web browser using the MetaTrader 4 WebTerminal, which does not need any additional software to be downloaded. Kenyan traders can place pending and market orders on both Live and Demo accounts, as well as see their full trading history. This means that the trader could incur an overnight or rollover fee.