Traders have complete control over the process and can stop copying anytime. Lime Fx clients with an MT4 account can also elect to become Master Traders. They can then trade as usual and earn additional income whenever others choose to copy them. MetaTrader is also popular due to its copy trading and automated trading features. This section will cover how the different entities of Lime Fx are regulated and how this impacts you as a trader.

Does Lime Fx have an app trading option?

We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. Lime Fx is an international broker providing online trading services since 2011. It offers commission-free access to financial markets and a variety of services already utilised by clients from 160 countries with more than 42 million trading accounts.

In case you don’t, please feel free to contact us via Our dedicated 24/7 support team is available in English, Indonesian, Malay, and more. We believe in a partnership, that’s why we welcome all feedback, to understand our users’ needs and provide them with the best Forex trading experience. The quick deposits and quick withdrawals, the platform is simple to use and I am also an IB with the broker. I’m using Lime Fxfx since 5 years now and never i faced any issues in trading, deposit or withdrawals.

CySEC must comply with the same requirement set by ESMA (the financial body for the EU) that all financial regulators within the EU borders must follow. The standards set by ESMA are quite high, not dissimilar to those set by the FCA in the UK and ASIC in Australia. There was one slightly different trading platform, which is the Lime Fx copy trading software. This allows CFD and Forex traders to either copy other traders’ trading signals or let you broadcast your own trading signals to other traders on the social trading platform.

Both MT4 and MT5 are known for their intuitive interfaces whereas Lime FxTrader offers the convenience of multiplatform—uninterrupted trading from any device. Yes, once your deposit is credited to your Lime Fx account, you can start trading immediately. E-wallet and credit/debit card deposits are processed almost instantly, allowing you to begin trading without delay. Lime Fx accepts several trusted deposit options, including Neteller, MasterCard, and, Skrill. Though it has been granted regulatory status in Cyprus and South Africa via an intermediary (Orinoco Capital), Lime Fx’s lack of additional reputable licenses heavily weighs down its Trust Score. Becoming regulated in more jurisdictions – especially in Tier-1 jurisdictions – will go a long way towards building trust with existing and prospective customers.

Benefits of Lime Fx Copy Trading

Lime FxTrader offers tight spreads from 0.6 pips, and 80 trading instruments, including currencies, metals, energies, indices, and cryptocurrencies. Spreads on Lime Fx can vary based on the account type and market conditions, with some accounts offering spreads as low as 0.0 pips. Lime Fx, formerly known as Lime FxFX, is a global online broker providing access to various financial markets, including forex, CFDs, and commodities. Founded in 2011, Lime Fx holds a regulatory license in Europe via its Cyprus-based entity – Lime Fx Markets Cyprus Ltd – which is regulated by the Cyprus Securities and Exchange Commission (CySEC). Your account may be eligible for certain CySEC protections – in the extraordinary event of Lime Fx Markets Cyprus Ltd.’s bankruptcy, for example, you’ll be protected for up to 20,000 euros from the Investor Compensation Fund (ICF). In South Africa, Lime Fx provides financial services to clients through an intermediary, Orinoco Capital, which is licensed by the Financial Sector Conduct Authority (FSCA).

Account Types

While Mastercard withdrawals may be limited, we’re actively exploring options to enhance our payment methods. Please update this review with your email or trading account number so we can check it further. Regarding spreads during news events, we’re working on providing the best possible trading conditions, and your feedback helps us identify areas for improvement. If you wish for lower spreads, opting for Gold or Platinum status is a viable option, which both tighten them. Due to market volatility, the difference may not be that high, but it will help you secure your trades in a safer environment. Dear DJ Mega Kel,Thank you so much for your positive feedback and for taking the time to share your thoughts with us.

Fees, Spreads, and Commission

In our tests for the Trust category, we also cover factors relating to stability and financial strength. Here, we focus on how long the broker has been in business, what is the company size, and how transparent the broker overall. The table below lists the protections and benefits by entity, regulator, and region. It goes against our guidelines to offer incentives for reviews. We use dedicated people and clever technology to safeguard our platform.

1. Dear Revathy Ramalinggam, Thank you for your valuable feedback!
2. We’re honoured to be your chosen trading partner, and we’re committed to making your trading experience even better in the future.
3. They have not given me an answer and did not answer my questions.
4. Check out my picks for the best mobile trading apps in the industry.
5. ICF protects client accounts for up to €20,000 if a firm becomes insolvent.

Lime Fx prides itself on providing excellent customer support to its clients. A dedicated support team is available 24/7 via phone, email, and live chat to assist traders with any issues. MetaTrader 5 (MT5) is an advanced trading platform offering improved charting limefx broker reviews tools, additional order types, and support for more asset classes compared to MetaTrader 4 (MT4). There is a very high degree of risk involved in trading securities. 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.

We’re honoured to have earned your trust and are truly grateful for your continued support since 2020.It’s heartening to hear that you view us as a reliable broker amidst the challenging landscape in Indonesia. Dear Bhavikkumar Anandbhai Moniya,Thank you for being a loyal client of Lime Fx for the past two years and for sharing your fantastic experience with us. We’re thrilled to hear that your journey with Lime Fx has been filled with exciting events, valuable bonuses, and rewarding gifts. It’s wonderful to know that you’ve enjoyed the bonuses we offer for each deposit and that you received a special gift—a waist bag with the Lime Fx logo—through our Trade and Win feature. We’re always looking for ways to show our appreciation to our traders, and your satisfaction is our top priority.

Customer Reviews

That being said, there isn’t much educational content for learning how to trade or understand market dynamics. It’s worth mentioning that the broker does have a blog and a YouTube channel, yet I was still left wanting more. Over a week-long testing period, I probed customer support with dozens of inquiries, ranging from available tools to fees and questions relating to the security of client accounts. I was surprised at how fast the responses were, and the agents went the extra mile to provide the information I sought. In addition, when trading with a broker authorized by CySEC, client funds are protected by the Investor Compensation Fund (ICF).

The research section also includes specific trading ideas, target prices, and key price levels to watch. Robust charting is provided by TradingView, featuring 11 time frames, 11 chart types, and over 100 technical indicators. Various drawing tools, from trend lines to Fibonacci retracements, are also available. Trading costs such as spreads are clearly explained on the Spreads and Conditions page. To read the fine print, traders can find the Customer Agreement in the footer of the website. The About Us page does a good job of sharing the company’s mission and history through a series of milestones over the years.

Copy trading is a cool concept, but we urge you to be very cautious about who you copy and do your due diligence into the skills and trading strategy of anyone you want to follow. Each platform runs on Windows, iOS, and Android, so no matter which device you trade from, you’re free to use the platform you like the best. Regarding account currency, if you join the Lime FxFX European subsidiary, you will use Euros. All other clients will be using USD as the account currency, so if you are in the UK and prefer GBP as your account currency, you cannot choose it.

Lime Fx offers a swap-free Islamic account that adheres to the principles of Sharia law. Available leverage differs according to the asset class, with the most leverage available with CFDs on forex and the least with CFDs on shares. Copy and automated trading are only available on the MT5 desktop platform. In the hands-on testing process, I used MetaTrader 5 for desktops, which includes advanced functions such as copy trading and automated trading.

Lime FxFX does not charge internal withdrawal fees, but traders may incur third-party payment limefx scam processor costs, blockchain fees, and currency conversion charges. Regarding education, there are platform tutorial videos and a basic forex trading course, which would probably be okay for absolute newbie traders. With Lime FxFX, you have access to most of the major trading instruments. But, it must be said that depositing funds and holding your capital with Lime FxFX is definitely a higher risk than trading with other, more regulated brokers. The broker is regulated by Cyprus’ CySEC (Cyprus Securities and Exchange Commission), which means it can offer trading services to all clients in the EU.