To open an Islamic account, traders must first create and verify a regular account, then request the Islamic option. Lime Fx provides traders with a secure and convenient way to manage their funds, offering a wide range of deposit and withdrawal methods to cater to clients worldwide. The broker aims to streamline the transaction process, ensuring that traders can deposit and withdraw their funds with ease.
The processing time for a withdrawal request is one business day, which is the standard. However, it should be noted that cryptocurrencies are not included in the list of available methods, which may limit options for some traders. The account opening process at Lime Fx Group is marked by simplicity and convenience. Registration takes two steps and only requires 2 minutes, with clear instructions at each stage. The choice between a demo and a real account and the selection of the trading platform and account type makes the setup process personalized and flexible.
This feature is invaluable for beginners or for seasoned traders wanting to test new approaches in a risk-free environment. The Shares Account at Lime Fx is designed for more experienced investors who seek exposure to global equities. It provides access to over 1,200 global stocks from major exchanges. The broker offers access to a wide range of financial instruments, including Forex, Commodities, Indices, Shares, Metals, and Energies, all through the popular MetaTrader 4 and MetaTrader 5 platforms.
This means that whether you are the new trader or already have some experience in the industry, you can still create the account and receive the bonus fund for the first time only. This gives you some extra time for learning and gaining experience, simply with the new broker. The no deposit bonus means that you do not have to make deny deposits, but have to create the account.
Yes, Lime Fx offers free demo accounts with virtual funds, allowing traders to practice in a risk-free environment. Yes, Lime Fx is suitable for beginners due to its user-friendly trading platforms, extensive educational resources, and responsive customer support. Lime Fx provides access to MetaTrader 4 (MT4), one of the most widely used trading platforms in the forex industry. Known for its reliability and user-friendly interface, MT4 is equipped with a range of technical indicators, charting tools, and automated trading capabilities through Expert Advisors (EAs). Lime Fx provides traders with access to 58 cryptocurrency CFDs, allowing speculation on some of the most popular digital assets, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC).
IC Markets vs ThinkMarkets Compared 2025: Pros, Cons, and More!
This account mimics live trading conditions on popular third-party solutions such as the MT4 and MT5. On the other hand, experienced traders could use this account to test new strategies without risking any real funds. Lime Fx’s competitive advantage lies in its mix of pricing transparency, execution speed, and client-focused policies. Its no-requotes approach, global reach, and diverse account types make it an excellent choice for traders looking for performance and trust. Lime Fx makes trading accessible with just a $5 minimum deposit for both the Standard and Ultra Low Accounts.
Since the policy began in 2010, Lime Fx has had no rejection of orders and no requotes at all. 100 percent of orders are executed, with an impressive 99.35 percent executed within a second. If you use the trading platform outside of these hours, trades will not execute. Lime Fx offers high leverage but also tools to monitor risk exposure.
- You can also receive 20% up to $4,500 bonus deposit, or any other equivalent currency.
- Lime Fx stands out with a strong lineup of trader-focused promotions.
- Withdrawals at Lime Fx are handled efficiently, with requests processed through the Members Area.
- They provide free access to daily Forex webinars in 23 languages, available 7 days a week with 77 webinar instructors.
- Despite millennial traders favoring mobile trading apps, committed traders use them only to monitor portfolios.
Beginner traders who have done even minimal shopping around for brokers will by now have realised that the MT4 platform is available everywhere. Some of the bigger brokers will offer their proprietary platforms to trade on, whilst others will offer other third-party platforms for variety. Lime Fx supports the widely popular MetaTrader platforms, with options for both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) across desktop, web, and mobile devices. In addition to these advanced solutions, the broker offers its Lime Fx App, available on the App Store and Google Play. Lime Fx generally offers competitive minimum spreads, especially on major pairs like EUR/USD and GBP/USD, but is occasionally outperformed by IG Markets and AvaTrade on some instruments.
Lime Fx has moderate overall fees of all best South African forex brokers that we have compared. Their spread with their Micro & Standard accounts is quite high, but it is moderate with the Zero account. Lime Fx Trading is popular forex broker in South Africa & they are a market maker broker. They were founded in 2009 & are one of the largest forex brokers in world in terms of daily trading volume, and have close to 2.5 million clients globally. Like most brokers, Lime Fx offers limefx scam a range of seminars and other educational tools to help traders enhance their skills. This includes hundreds of seminars that have already been hosted around the world, with more to come.
Costs and fees
Lime Fx provides customer support through various media including Live Chat, WhatsApp, Line, Viber, Telegram and Message. They provide support 24 hours a day from Monday to Friday and 18 hours over the weekend via email, phone, and chat. Trading platforms are based on MetaTrader 4 and 5 which are known for their reliability and advanced trading features. Lime Fx is regulated by multiple authorities, including the Cyprus Securities and Exchange Commission (CySEC), and the Financial Sector Conduct Authority (FSCA) amongst others.
How does Lime Fx ensure fast and accurate trade execution?
The procedure is also rather standard compared to other brokers. Furthermore, there are other notable countries, such as Canada, Japan, and China, where traders are restricted from trading with Lime Fx. The Help Centre provides a wide range of FAQs, guides, and tutorials to help users troubleshoot issues or understand services better.
- Yes, Lime Fx does offer the ZAR as one of the Base Currency Options.
- It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.
- Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.
- Since its establishment in 2009, Lime Fx has attracted over 10 million traders across 190+ countries.
This means that traders cannot lose more money than they put into their account and is excellent for beginners especially. In line with anti-money laundering regulations, traders must use the same withdrawal method as the one used for depositing. There is also a withdrawal priority procedure if you have funded the account by different methods. If you have deposited via a credit/debit card, then the withdrawal back onto the same card, can cover the deposit amount. Anything above this amount should be transferred via bank wire or e-wallet. For traders outside Europe and under the Lime Fx Global entity, there are bonuses available.
Casual traders can benefit from Lime Fx’s extensive instrument offering, robust research and educational content, and platforms with an easy learning curve. However, the broker’s above-average trading fees prevented it from scoring higher. Lime Fx’s Ultra Low Account, available across several entities of the broker, is ideally suited to the needs of high-volume traders who prioritize cost-efficiency. Traders have access to all financial instruments supported by the broker, such as Forex, metals, indices, crypto, stocks, and commodities.
Yes, Lime Fx offers cryptocurrency CFDs, allowing traders to speculate on various digital asset price movements without owning the underlying cryptocurrencies. Lime Fx does not charge fees on most withdrawal methods, but bank wire transfers below a certain amount may have fees depending on the financial institution. If you thought that all of the above mentioned was not enough, let me uncover the bonus options from Lime Fx. There is a 50% Lime Fx forex bonus with up to $5,000 deposit bonus on your account. This is a great opportunity and worked for every account type you have. Offering two options is always a great move, especially when both of them are synchronizing with different devices.
Lime Fx offers mobile versions of both MetaTrader 4 and MetaTrader 5, available for Android and iOS devices. Lime Fx does not offer scammed by limefx Multi Account Manager (MAM) or Percentage Allocation Management Module (PAMM) accounts. You can register for an account with Lime Fx by visiting their website and completing the simple online registration process. Our comparison table below highlights the spread differences between Lime Fx and Pepperstone, helping you choose the better option for your trading needs. It is very important to have high hopes and it is even more important than the high hopes come true.
The Ultra Low account offers the most favorable conditions with low spreads and no swaps on many currency pairs. The average spread on this account is lower than the market average other brokers offer. It also does not have any investor protection scheme for non-UK/EU traders. Additionally, Lime Fx does not offer any real stocks or cryptocurrencies; it offers only forex and derivatives. By creating an account with Lime Fx, traders join an award-winning broker, with an enviable track record of industry awards, including for forex brokerage services, platforms, and other accolades.
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