Lime FxFX: Malaysia’s Leading Forex Broker

They constantly roll out contests and giveaways on regular basis to reward the clients. Live limefx company reviews chat support is a resourceful method to connect with executives and resolve queries. The 24/7 availability of a live chat window is a major advantage but the absence of local phone support is a limitation of choosing Lime FxFX in Malaysia. A decent number of financial instruments are available to trade at Lime FxFX in Malaysia. Clients must note that all the available financial instruments at Lime FxFX are traded in the form of a Contract for Deposit (CFD).

Comparison Of Lime Fx Minimum Deposit With Other Brokers

• Compared to other CFD brokers, Lime Fx offers a limited number of currency pairs for trading.
• Technology investments improve trading conditions and platform performance.
• The MT4 account type is more ideal for habitual traders who prefer to trade with MetaTrader 4 trading platform.
• So, if you are trading GBP/USD for example on Lime FxTrader, the typical spreads are 1.2 pips normally intraday during active sessions.
• This helps trades to test strategies and understand the platform using virtual funds.
• After choosing a Master Trader, the Copiers are all set to copy their trades and benefit from the expertise of professional traders.

Established in 2011, Lime FxFX has steadily gained the trust of traders worldwide, including in Malaysia, by offering a secure trading environment. The broker is known for its transparent operations, ensuring that traders have peace of mind when conducting transactions. Read our guides on how you can get started with forex trading. Plus, refer to our broker comparison lists for finding trusted forex brokers. The overall fees that Lime Fx charges are lower than most other brokers, which makes than an attractive choice for traders looking for a low-cost broker.

Lime FxFX offers 3 options for trading platforms in the demo account. The MT5 account allows virtual trading on 230 instruments while the MT4 trading platform allows trading on 74 instruments. The Lime FxTrader is a proprietary trading platform of Lime FxFX exclusively available for demo accounts. It is an ideal platform for beginners with a simple interface and easily available trading tools.

Is Lime FxFX a genuine broker or not?

The calculation is based on the maximum margin used by the Master as well as the orders’ lot sizes that the Master places within the last 7 active days. In the personal area, there is an option to ‘get verified’. This will require clients to upload a scanned copy of their name and address proofs. The executives at Lime FxFX will verify the details and will send a confirmation email. The confirmation is generally done within 1-3 hours but can also take up to 24 hours. Step 3) Enter the amount you want to deposit and provide the necessary details required.

How much does Lime FxFX charge per trade?

Web Trading Platform – Their web trading platform be used limefx broker reviews if you want to trade through your internet browser. This offers a quick and convenient way for you to access the trading platform. The web trading platform supports all popular web browsers. Tradeable instruments on this account are currency pairs, and CFDs on energies, metals, cryptocurrencies, and 4 indices. Recommended deposit amount for MT4 Account is also USD100 and you also have negative balance protection. The desktop trading platforms offer the best trading experience with the best customisation and fastest execution.

• Mobile Platform – You can enjoy a user-friendly trading experience straight from your mobile phone.
• Lime Fx has also gone above and beyond with its education materials which include live webinars and carefully crafted courses.
• The account can be opened with any device and the process is completed within 24 hours in general.
• Additionally, Lime FxFX provides a seamless Lime FxFX Malaysia login process, allowing traders to quickly access their accounts and start trading without any hassle.
• Furthermore, Lime FxFX employs 3D secure technology for credit and debit card processing, which guarantees the transparency and safety of all Visa transactions.
• Overall, Lime Fx does not charge any hidden fees that we noticed.
• The copier does not need to copy the trades manually, it happens automatically.

Lime Fx Trader Account

Step 1) Sign in to your Lime Fx dashboard through my.Lime Fxfx.com/login. Read what actual users and industry experts say about us online in broker reviews. Join an intenational broker with 12 yearsof experience and 60+ industry awards. Trade with a 100% deposit bonus and get a chanceto win an iPhone 15 Pro, a merch pack and many more.

Leverage on Lime Fx depends on the type of account or instrument you are trading. Read this review to know more about the trading conditions at Lime Fx. There are multiple bonus offerings for Malaysian clients at Lime FxFX. Lime FxFX offers a variety of bonus offerings for Malaysian clients.

Although Lime Fx does not offer MYR account currency you can deposit Malaysian Ringgit via local banks and it will be converted into your chosen account currency. All trading, fees, deposits/withdrawals, and profits/losses will be shown in your chosen currency. Tradeable instruments on this account type are currency pairs, and CFDs on energies, metals, cryptocurrencies, stocks, 21 intraday assets and 10 indices. The account has negative balance protection which means you cannot lose more than your deposits.

000 rupiahs = 1 USD

MT4 was launched in 2005 and is still used by a lot of traders globally. MT5 is an upgraded version of MT4 with more advanced features, indicators, and patterns. MT5 is preferred by algorithmic traders and experienced traders. Overall, Lime FxFX is among the most cost-effective broker to trade CFDs in Malaysia. No swaps fees are applicable on the MT5 account and MT4 swaps are lower than many CFD brokers in Malaysia. Here is a break down Lime Fx’s minimum deposits, accepted payment methods in Malaysia, deposit rules, and everything else you should know before you fund your trading journey.

The minimum withdrawal amount on Lime Fx is MYR 20 for local bank accounts, $5 for withdrawals to e-wallets, and $20 for cards (Visa). Lime Fx is not regulated in Malaysia, and traders are trading at their own risk. They have low spreads, MetaTrader platform, copytrading & good support. The customer support service plays an important role whenever clients face queries while trading. The quality and diligence of support services must be checked before opening the account. MT4 is the most widely used desktop trading platform with a very basic interface that looks similar to Windows 98.

Lime Fx doesn’t impose fees for bank transfers, but again, your bank might have charges for outgoing transactions and incoming transactions. Continuous platform development enhances trading capabilities. Integration of advanced analytical tools improves trading decisions.