Compare the platforms’ features to find the one that is right  for you. A review of the broker’s trading instruments reveals that users are allowed to trade over 120 stocks. This feature gives users the opportunity to automatically copy leading traders and learn different trading strategies from them. Clients can, on creating and funding an account, find, follow and copy these leading traders at will. Although Lime Fx is regulated by just 2 regulatory bodies, it does business in multiple jurisdictions worldwide. It prioritizes its clients’ account safety by keeping clients’ funds in segregated bank accounts.

Trading Interface

Open an MT5 account to trade on 230 instruments enjoying the platform’s advanced tools and Lime Fx’s excellent trading conditions. It’s always nice to have extra security tools thrown in and Lime Fx provides more than most. The Lime Fx technical environment is monitored 24/7 by a dedicated team of highly professional security engineers and technical specialists. Credit and debit card transactions are subject to 3D secure Visa authorisation and there are processes in place to protect clients making withdrawals.

Islamic Account

At Lime Fx, you can trade on your MetaTrader 4 demo account to win real money in our monthly Forex demo contest with a $1,000 prize fund. Top-3 participants receive $500, $300, and $100 for the first, second, and third positions, respectively. It’s also possible to open trading orders straight from the chart. The MT4 platform offers the highest security standards to protect traders’ funds. The client terminal and platform’s servers exchange data secured by RSA digital signatures through encrypted servers.

• The Copy Trader account area requires separate funding and comes with its own dedicated app.
• On the upside, those markets that are available are traded using the MetaTrader platforms, so at least the quality of service is guaranteed to be high.
• Their educational videos are up to the mark and one can learn everything about trading from beginner to advanced levels of Forex Trading.

Lime FxTrader—it’s personal

The number of markets is also different across the platforms, but none of them offers a range of instruments that could in any way be called excessive. It is possible to trade forex, metals, soft commodities, single stocks, indices, energies and a choice of five cryptocurrencies. The MT4 account demonstrates the limited selection by only offering four stock indices (AUS200, GER30, NAS100, US30). This Plus500 review will equip you with all the information you’ll need about the broker’s different instruments, account types, payment methods, and much more.

• Lime Fx offers its users different payment methods to be used either for deposits or withdrawals.
• You can also create accounts on the MetaTrader 4 and MetaTrader 5 platforms to trade Forex, cryptocurrencies, and other instruments.
• Lime Fx follows international regulation standards on Anti Money Laundering and Know Your Customer procedures to verify the identity of its clients and prevent illicit activities.
• The account opening process of the broker is straightforward and can be continued if accidentally stopped.
• We are constantly improving our product to make your trading experience better.
• Lastly, low spreads, user customized account types, 0% commissions, fast payouts and a rich educational library are the company’s strong points.

There is no commission charged on both deposits and withdrawals, MT4 and MT5 commission is included in spreads as mark-up, and no additional fee is applied. The in-house Lime Fx copy trading function is a welcome addition to the suite of services. Its Lime Fx.eu arm is regulated by CySec (Cyprus Securities and Exchange https://limefx.biz/ Commission) and has offices worldwide. The firm has a strong foothold in the Asian market through its offering an outstanding trade execution service that appeals to traders from all corners of the world. With them, you can place buy and sell orders in market conditions specified by you, typically based on price movements and technical indicators. Automated trading helps traders enter and exit positions much faster than manual trading.

Various account types on the 3 platforms have different deactivation dates as stated below. According to the Lime Fx website, the broker does not charge any fee on deposits and withdrawal. They also cover the deposit and withdrawal fees that third parties (like Skrill, Neteller and others) may apply. However, with deposits using bank cards, your card issuer may charge some fee for processing the transactions. Lime Fx presents traders with a competitively priced, commission-free pricing environment. It is also a rare broker fully compliant with Shariah law for Islamic traders.Beginner traders will benefit from well-thought-out research and educational services.

Opening a MetaTrader 4 demo account is the best way for a new trader to check out the platform, get familiar with the tools, and learn trading techniques. The account works like a real account, except it allows you to trade with virtual funds rather than real money. Experienced traders often use MetaTrader 4 demo accounts to test new trading strategies before using them in real trading. The social and copy trading experience, hedging, scalping and the option of swap-free accounts are welcoming features offered by Lime Fx. Again, the provision of standard demo accounts helps clients learn trading and key trading techniques without fear of loss or risk to real funds.

Also, this type of trading allows an indices trader to use leverage, increasing potential profits. Yes, it offers a referral program where users can get to invite friends for incentives. The referral program known as Invite-a-Friend has its commission rate to be 1$ per 1 standard lot. Aside from the products and services already discussed in this review, Lime Fx offers more. In this section, we are going to be looking at these extra products and services.

Lime Fx offers 33+ forex pairs, inclusive of majors (the EUR/USD pair, GBP/USD, USD/JPY), minors (EUR/GBP, GBP/CAD, AUD/CAD) and other exotic pairs. Clients are allowed to trade their favorites, and at that, with low spreads. Traders may find the verification process inconvenient, but it plays a crucial role in ensuring their safety. It serves to prevent money laundering through KYC/AML policies and safeguards against anonymous withdrawals, protecting traders from potential theft.

MetaTrader 4 web platform

MT4 and MT5 are the gold standards when it concerns automated trading solutions. To access the full range of the broker’s offerings and functionality, clients can use any of the 3 trading platforms that are available as apps for mobile and on the web. Both iOS and Android versions of the trading platforms are also available for on-the-go traders. With a wide range of trading instruments, user-friendly platforms, and robust customer support, Lime Fx provides an appealing choice for both novice and experienced traders. The broker’s low minimum deposit, competitive spreads, and comprehensive educational resources enhance its accessibility and attractiveness to different kinds of traders.

MetaTrader 4 charting tools for technical analysis

It helps you make informed decisions and control your results. You can compare trading ideas, read explanations, and use global experience even if you’re a beginner. MetaTrader 5 is a sophisticated trading platform with lots of analytical tools. It is known to be quite popular limefx official site among intraday trading pros and algorithmic traders thanks to its advanced features. Create and manage trading accounts, deposit and withdraw funds, and engage in swap-free trading right from your mobile device with our official Lime Fx broker app.

What index trading is and how it works

On mobile, press the + button on the first tab from the left and select all cryptocurrencies you would like to add to your instruments list. You can develop your own set of rules for trade entries and exits with the help of automated trading robots (Expert Advisors), which help avoid instinctual blunders while trading. As the system trades mechanically, based on predetermined conditions, your performance won’t be affected by emotions. Automated trades are also executed much quicker, leading to a decreased chance of slippage.

We would also support the site’s claim that full resolution was achieved within three minutes. Lime Fx provides more information about its operational risk management than it does about its regulatory framework. One suggested improvement is for the site to be more transparent when sharing information regarding regulatory client protection.