The broker provides regular market breakdowns, featured trading ideas, a comprehensive market sentiment tool, and more. I asked a series of questions with varying degrees of difficulty and determined that the agent’s answers were swift and comprehensive. He was also polite and patient, taking his time to provide satisfactory answers to my questions. Overall, I assessed that Lime Fx’s customer support is of very high quality.
- Lime Fx offers 83 forex pairs and 340 tradeable symbols, providing a decent range of trading options.
- Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com.
- A comprehensive FAQ addresses most inquiries while tutorials on trading platforms shorten relatively steep learning curves.
Usually, the price of gold, for instance, is a function of the current sentiment. Lime Fx offers CFDs on popular indices, including DAX, S&P 500, Nasdaq, Dow Jones, Euro Stoxx 50, FTSE 100, France CAC40, and many more. Margin requirements on index CFDs are as low as 1%, which means that traders who have a capital of only $100 can control a $10,000 position. There are a number of other benefits for those who wish to speculate on market indices – high volatility, low costs, and leverage, which gives traders more flexibility. The “TradingFinder” platform offers various services, some of which, like introductions, are free, while others, such as our specialized services, are provided for a fee or through a subscription.
- The options include the popular MetaTrader 4 and the Personal Multi Account Manager but the broker does not have a proprietary software platform.
- Lime Fx provides free Virtual Private Server (VPS) hosting, helping traders achieve ultra-fast order execution speeds and diminish the risk of negative slippage.
- Lime Fx is the trade name of Notesco Limited, a company registered in Bermuda and headquartered in Cyprus.
Clients can now trade cryptocurrencies directly on the Metatrader platform. Pricing for Forex, spot, and CFD instruments is average-to-competitive, with significantly lower costs at higher account tiers. There’s no bond CFD coverage but spot, metals, and index products cover the most popular instruments worldwide. And Ireland clients can also place spread bets, although the costs https://limefx.name/ are not fully disclosed. Client funds are segregated from company funds, reducing the potential for misuse.
What trading platforms does Lime Fx offer?
75.35% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Processing times depend on the geographic location and the payment processors, which Lime Fx lists as between one and ten business days. There are no internal deposit or withdrawal fees, except for traders who request a withdrawal without placing a trade, which carries a 3% fee. Traders can open an Lime Fx account via the online application form, which follows well-established industry standards. It asks for name, e-mail, phone number, country of residence and knowledge and experience.
I discovered that its EURUSD spread on the No Commission account exceeds the industry average considerably. Lime Fx operates through five entities, three of which are regulated by top-tier financial authorities, while the other two are offshore and unregulated. The broker ensures client safety by maintaining segregated accounts for client funds and offering negative balance protection.
Does Lime Fx Offer Sign-Up Bonuses?
Lime Fx is an award-winning global online trading broker that offers STP/ECN services to retail and institutional investors alike. I found the broker to have rapid trade execution speeds and competitive costs. You can trade a great selection of over 300 financial instruments with a wide variety of account types to choose from, spreads as low as 0.0 pips and support in over 30 languages. I think they can be a good choice for beginners as there are plenty of educational resources and free demo accounts so that you can practice trading online. The minimum deposit required to open an account is only $100 which is great when you consider the industry leading trading platforms and conditions they offer. Overall, Lime Fx is a very well established and reputable trading broker that serves all types of traders from around the world.
You can choose from a great variety of trading platforms with low pricing and fast execution speeds. Once registered, users can access the popular MetaTrader 4 (MT4) trading platform, flexible leverage and ultra-low spreads starting from 0.0 pips. This review will fully report Lime Fx’s offering, including exclusive deposit bonuses, demo accounts and fast deposit and withdrawal methods. It also offers a variety of trading accounts, most of which have no minimum deposit requirement, and provides excellent conditions for copy trading. Lime Fx enables commission-free trading; however, I found that spreads on some popular instruments exceed the industry average. Lime Fx is a globally recognised award-winning CFD broker offering a great range of trading products and services to retail traders and institutional investors.
Traders can also get started with a $100 minimum deposit while the Lime Fx.com group has good reviews from other users online. Note, the broker is planning to introduce MetaTrader 5 (MT5) to its platform offering, which will bring more advanced analysis tools and trading features for experienced traders. Metatrader 4 and 5 for Android, iOS, and Windows Mobile provide easy integration with desktop and tablet versions.
Lime Fx commissions and fees summary
The award-winning trading platforms available provide an automated risk-management system to ensure that client accounts will never go negative. A comprehensive FAQ addresses most inquiries while tutorials on trading platforms shorten relatively steep learning curves. Email address and phone numbers are provided for satellite offices in Cyprus, South Africa, and Australia, allowing local contact. Or international phone number, forcing potential charges for calls made to Cyprus or other satellite offices. It supports the MetaTrader 4 platform but does not offer MetaTrader 5 or a proprietary trading platform other than its copy trading app, TradeCopier. Traders should also consider potential third-party processing costs and currency conversion fees.
The broker is regulated in multiple jurisdictions by some top-tier regulators. This means that they must comply with stringent national and international regulatory authorities and demonstrates their commitment to maintaining high business standards and ethics. Trading with a regulated broker can give clients confidence peace of mind that they have full security, by using a company that operates with the upmost transparency and integrity. I would personally have no issue in trusting them with my funds and can therefore trade without worrying. They take a customer focused approach and are committed to providing the highest standard of services with full transparency to clients.
Lime Fx Broker Bonuses and Promotions
Entering the financial markets with Lime Fx is simple, transparent and supportive for all levels of investors. They offer the reliable MT4 trading platform, a range of products, plus competitive spreads and leverage levels. The choice of account types will also suit varying trading styles and capital needs. scammed by limefx The list of Forex, spot, and CFD trading instruments is well-constructed but some rivals offer more comprehensive listings.
Opening an Account
I have been trying to salvage some of my money ,the so called adivice lose £1000 don’t ask me how and Lime Fx won’t say. So I am trying to withdraw the £300 that’s left but can’t.To withdraw you have to close all trades easy. So you go to the withdrawal page peer withdraw processing ok.when you go back to trading platform it’s started trading by its self and you can’t stop. So now your withdrawal will be denied as your trading.This just goes on and on. To put bluntly you have done your money and when you complain you get a call no it can’t be stopped but if you deposit some you may get a profit. All this together makes trading on company’s platform profitable and efficient.I trade currency pairs.
The chart screen is undeniably one of the most crucial features of a trading platform. It equips traders with essential tools and configurations to analyze price action and spot trading opportunities. Just as important is the ability to easily scale price action, allowing for a clearer and more detailed view of market movements. Although Lime Fx offers 26 futures contracts, there are no vanilla options, ETFs, or bonds that most swing traders use. Moreover, the broker’s swap fees exceeded the benchmark during my tests. With more than $3 trillion traded daily, the foreign exchange market or Forex is the largest financial market and the most popular option for retail traders.
Lime Fx broker Account Types
The available materials and tools inform the broker’s clients of trading opportunities that are currently developing and explain how and why those opportunities are taking place. In my opinion, MT4 is best suited for automated trading via Expert Advisors (EAs). The platform also has an intuitive strategy tester, allowing experienced algo traders to tweak the parameters of their strategies so that they can be used under different market conditions. A much faster alternative is to make a deposit through a digital wallet. Digital wallets or e-wallets are fast, secure, and convenient methods to send and receive electronic payments.
Lime Fx recently strengthened its educational tools by introducing the Academy. Home to a breadth of content presented in courses, webinars, videos, podcasts and eBooks, it offers a complete trading experience for traders of all levels. Spreads also get more competitive as you move up the account tier structure, with the VIP account offering the best value for money. Traders can choose between floating/fixed spread Standard, Premium, and VIP accounts. Alternatively, the Live Zero Fixed Spread account comes with zero spreads, but traders will have to pay a commission.