MetaTrader is known for its clean and good feel while trading, also its Charting are among the most powerful offerings in the industry. So, the same as we do, you will enjoy its look and functions offered. With its array of features that improve the trading experience, the Lime Fx Desktop MetaTrader 4 (MT4) platform is a valuable software for traders looking for comprehensive features. To enable versatile trading strategies, the platform supports market, limit, and stop orders as well as other order types. The platform provides fast execution speeds and dependability we marked highly on our trading test, assuring trades are carried out immediately.
These countries include the United States of America, Canada, Israel, and the Islamic Republic of Iran. The United States has strict regulations when it comes to trading the financial markets. Consequently, the majority of online forex brokers do not accept US clients because they are unable to meet the tough regulatory requirements of the US authorities.
Generally, all procedures from account opening, managing, depositing/ withdrawing, and trading are straightforward, simple and transparent, which we will see in detail further within Lime Fx broker review. Lime Fx may charge overnight financing fees for holding CFD positions overnight. These fees can vary depending on the instrument and market conditions. Open an account today to access fair conditions and get everything you need to achieve your trading goals.
Each year, we collect thousands of data points and publish tens of thousands of words of research. Lime Fx follows a strict withdrawal policy that requires clients to withdraw funds using the same methods as their initial deposit. This applies to all deposit options, including credit/debit cards, e-wallets (like Skrill or Neteller), cryptocurrency wallets and international bank transfers. There is a minimum deposit of $5 USD (or equivalent) across the various account types and $10,000 USD (only) deposit for the Shares accounts. Lime Fx provides a variety of account types tailored to different trading needs and experience levels, with availability depending on the regulated region. Established in 2009, Lime Fx has managed to become one of the leading Forex brokers in the world in just a decade.
It’s important to check the broker’s website for the most up-to-date information on deposit and withdrawal fees. Prior to dabbling into margin trading, each reader should take the time to determine their individual investment goals, risk tolerance, and level https://limefx.name/ of expertise. Our main objective is to help readers make better-informed decisions when choosing online brokers and learn the foundations of trading rather than providing financial advice. Please consider contacting a professional advisor if you require any financial assistance.
Operating since 2009, Lime Fx is a reputable broker known for its Forex and CFD trading offerings. Under control of several agencies, including ASIC and CySEC, Lime Fx guarantees a safe trading environment, also is a reputable firm operating for many years with excellent ranking and reviews from traders. To suit different trading tastes, the broker provides over 1,000 trading products, including stock CFDs, precious metals, and 55 currency pairs. Lime Fx stands out as a trusted platform, offering a secure trading environment backed by its status and conditions favorble to trading preferences, flexibility of platforms and available extra features. Lime Fx, founded in 2009 and based in Cyprus, is a regulated online broker serving over 10 million clients worldwide.
Zero rejections or requotes on trades.
Founded in 2007 by brothers Yoni Assia and Ronen Assia together with David Ring, Etoro is a social trading and multi-asset investment company. It is up to the individual trader to decide how comfortable they are trading with a dealing desk broker. On the home page of the website, Lime Fx claim to have 16 platforms available. However, drilling a little deeper and you will see in reality that they only offer platforms based around MetaTrader4 (MT4) and MetaTrader5 (MT5). It is just that Lime Fx counts the various device versions of the same platform. This is bending the truth slightly and is probably an attempt to make up for the lack of limefx scam proprietary platform or options other than the ubiquitous MT4/MT5.
Is Lime Fx Regulated in the USA?
Lime Fx boasts competitive fees with low spreads and no maintenance or deposit/withdrawal charges. The broker’s transparent fees and varied account types offer flexibility to orders. While industry-standard fees include overnight funding and currency conversion, the inactivity fee may concern less active traders. Overall, Lime Fx’s user-friendly fee structure and competitive spreads make it attractive to traders. Lime Fx Forex is a global online trading platform that offers users the opportunity to trade in a wide range of financial instruments, including forex, stocks, indices, and commodities. While the platform is accessible to users from around the world, there are some specific considerations that US traders must take into account when using Lime Fx Forex.
Standard account of Lime Fx
The spreads are not the best you can find, but trading costs can be reduced with the zero spread account. We believe that Lime Fx’s spreads are reasonable but not as competitive as some rival brokers. To help facilitate the customer service that Lime Fx offers its clients from around the world, it claims to have support in over 30 languages. Join a truly global and regulated broker to explore your forex trading potential. All versions of the trading platforms can be downloaded from the Lime Fx website.
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Here is the step-by-step process of opening an account with Lime Fx and initiating trades. However, crypto CFDs aren’t available to UK clients amid FCA restrictions. I am quite lucky to end up here because this broker is well-known for being one of the most respectable and decent ones in the whole industry. Many awards, strong regulations, lots of reviews and everything made me start trading here, even though I wasn’t in search of another broker. It means that I can prove myself and maybe even make some dough. So I got deposit bonus when I first signed up, and my trading equity just got bigger, for nothing..
- These instruments give traders insightful analysis and enhance their capacity for making decisions, therefore empowering them.
- So, if you decide that you do not want to trade anymore, for whatever reason, ensure that you contact customer support and ask them to deactivate your account.
- The diversity of markets and products makes Lime Fx appealing to traders of various levels and interests, offering flexibility and opportunities for different trading strategies.
- They must have optimized the app quite a bit, cuz on my phone, when I click on the app, it enters FAST!
So you may access Lime Fx trading just by the use of the browser and login to Lime Fx Web Trading, valuable for traders who prefer simlicity and clear layouts. Spreads at Lime Fx are based on the account settings, you may find spread as low as 0.6 pips on its Ultra Low account suitable for intraday trading. On the accounts like Micro and Standard spreads are higher starting from 1.6 pips with EUR/USD average spread 1.7 pip. Trade instruments and the market situation will affect spreads too, while overall rate is higher than industry average of 1.2 pips. Lime Fx operates with variable spreads, just like the interbank forex market and imposes no restrictions on trading during news releases.
- Very pleasant addition indeed, as the Lime Fx company got all the transfer fees covered including e-wallets, major credit cards, instant account funding, and wire transfers with no hidden fees or commissions.
- The Standard account on offer at Lime Fx gives you access to all the available instruments with zero commission.
- After reading this review, we believe you can certainly make an informed decision as to whether or not you should sign up with Lime Fx.
- The company was founded in 2009 in just over 11 years it has grown to have had over 10 million clients from 190 countries all over the world.
For both new and seasoned traders, Lime Fx is a good option because it offers affordable costs, first-rate customer service, and strong instructional tools combined. The funds transaction at Lime Fx are managed in a customer-oriented way, traders having a choice of multiple payment methods supported in all countries. Lime Fx Fees are ranked average based on our testing and compared to over 500 other brokers. Also additional fees like funding fees, rollover are good, since no funding fees applied, while inactivity and rollover is something typicall all Brokers charge.
Clients can view underlying instruments in 9-time frames on MT4 and 21-time frames on MT5 to better understand their price direction and make informed trading decisions. The real-time status of the market is displayed in the top left panel, allowing traders to monitor market activity while using the navigation window. I guess Lime Fx support is an award-winning one cos if not they really deserve it. I threw every possible question at them and props to Sophia for responding very patiently. I always do that to test the broker as I noticed that all the questionable brokers have one thing in common – a really bad support team. I have some issues with the pricing especially at Standard account but when it comes to client-orientedness Lime Fx is arguably the best in the business.
The minimum spreads for forex and other tradable instruments are listed in the table below. Given a minimal initial commitment of just $5, Lime Fx appeals especially to beginners. Through MetaTrader 4 and 5, the platform offers easy-to-use interfaces; additional exceptionally well-designed and performed educational tools like webinars and market analysis round out this aspect.