Trading competition winners share their experience and strategies. Long-term clients detail their trading journey development. Overall, Lime Fx is an okay broker for Malaysian traders since it offers its services in Melayu and also offers Islamic accounts. Yes, Lime Fx can be chosen to trade CFDs in Malaysia as the spreads are low and no swaps are applicable on the MT5 account type.
Yes, Lime Fx allows withdrawal of funds through multiple methods. Clients residing in Malaysia can deposit and withdraw through credit/debit cards, e-wallets, and cryptocurrency wallets. Lime Fx does not charge any fee for deposits or withdrawals in Malaysia. 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.
- Lime Fx accepts deposits from Malaysian banks and allows withdrawals to all Malaysian banks.
- Keep in mind that different Master Traders have different settings so you might have to adjust your balance accordingly.
- Some representatives could not answer some questions and referred us to send an email enquiry instead.
- The webinars have also been structured so that you can learn at your level.
Tutorial platform
The official website and application of Lime Fx are also available in Malay language. Everything you need to start trading from beginning to advance level, this website is providing you. Their educational videos are up to the mark and one can learn everything about trading from beginner to advanced levels of Forex Trading. Based on the overall reviews, we have found fewer complaints regarding issues with Lime Fx from traders. This generally means the broker is responsive in handling client issues. The next step is to select a Master Trader whose trade you want to copy from the ranking list.
- MT5 is an upgraded version of MT4 with more advanced features, indicators, and patterns.
- Local team growth supports expanding client base requirements.
- Clients must note that all the details in the account opening form should match with the details on their documents.
- A decent number of financial instruments are available to trade at Lime Fx in Malaysia.
- Traders can withdraw the Lime Fx bonus after they meet a trade volume requirement of half the bonus amount in lots.
What makes the Lime FxBroker so good for traders?
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. If there is any negative balance from an unsuccessful position, the account is reset back to zero balance.
Forex basics
Some representatives could not answer some questions and referred us to send an email enquiry instead. Some chat agents declined to answer some questions, claiming they could only give such information to registered Lime Fx traders. On Lime Fx’s website, you can find their execution policy under their ‘customer agreement’ section. Here is a summary of how the forex broker handles your orders. Here is a summary of payment methods accepted by Lime Fx for deposits.
Trading Platform Features
Lime Fx is not regulated in Malaysia & they are not licensed by the limefx SCM. Malaysian traders at Lime Fx are registered under offshore regulation, so you are trading at your own risk. In terms of regulation, Lime Fx is considered a moderate-risk forex & CFD broker for traders based in Malaysia. They are regulated with only two Tier-2 regulations and no Tier-1 regulation. 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). The trading platform is where traders will spend most of their time trading forex and CFDs online.
Leverage on Lime Fx depends on the type of account or instrument you are trading. Read https://limefx.club/ 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.
The company processes over 1,200 transactions daily for Malaysian clients. Lime Fx offers 24/7 customer support options for traders via 2 channels. Our team tested the live chat and email support, here is our review. They support deposits/withdrawals to Malaysian bank accounts, and has 24 hours live chat and email support from Mondays to Sundays. The Lime Fx demo trading account is useful for beginners to gain experience of trading forex and CFDs.
However, some orders may fail to offset or Lime Fx might choose not to upset them. Lime Fx accepts deposits from Malaysian banks and allows withdrawals to all Malaysian banks. You can also deposit via cards, e-wallets and cryptocurrencies. Withdrawals can only be made to the same account from which the deposit was made, and must be in the account holder’s name. The minimum deposit at Lime Fx is $5 or RM 1500 with local bank transfer in Malaysia. The minimum deposit amount is different for each accepted method at Lime Fx.
Meet Space—your smart trading guide
They constantly roll out contests and giveaways on regular basis to reward the clients. Live 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 Fx in Malaysia. CFDs are derivative instruments in which the price difference is speculated. Each asset class can have different sizes of a standard lot.
If you are found using these strategies, Lime Fx might cancel your orders, cancel your profits, close all your trading accounts, and refuse to allow you to open a new one. Also, addition, orders less than 180 seconds can be considered abuse and canceled too. The first step to start copy trading is to fund your CopyTrading wallet with a minimum investment sum of $25, some Master Traders require higher minimum investments. If you have funds in your Lime Fx trading account already, you can simply do an internal transfer to your CopyTrading wallet.
Lime Fx Review 2025
MT4 and MT5 mobile trading platforms can be downloaded on mobile and tablets of Android and iOS operating systems. Apart from MT4 and MT5, no other trading application is supported at Lime Fx. Traders need to separately download the MT4 or MT5 trading application from the play store or app store and link it with the live trading account at Lime Fx. The pricing structure of both the account types is the same as the trading fee is built into spreads.
Operating in Malaysia, the company maintains high standards of trading execution and client support. The Malaysian office serves as a regional hub for Southeast Asian traders. Trading volumes exceed 50 million USD daily through Malaysian operations.
Lime Fx is legit forex broker that is regulated in multiple jurisdictions. It is important to note that Lime Fx is not regulated or licensed in Malaysia. A decent number of financial instruments are available to trade at Lime Fx in Malaysia. Clients must note that all the available financial instruments at Lime Fx are traded in the form of a Contract for Deposit (CFD). See how leading review platforms in the trading industry rate us.
Although, they only have CySEC and FSASVG regulatory licenses. They are not regulated by any top-tier regulatory authorities like FCA, FSCA, or ASIC. It is important to check the regulations and protection while trading online. The safety of your deposited funds largely depends on the regulatory compliance of the broker. We have thoroughly analyzed every component of Lime Fx to provide a comprehensive and honest review of Lime Fx. This review has been done specifically for Malaysian traders.