Pricing is typically on a spread basis, though clients doing more than $10 million in volume a month may participate in the broker’s Elite Trader pricing structure and achieve significant discounts. Since the broker doesn’t have a custom-built desktop trading platform, clients may use the industry’s renowned trading platforms, MT4 and MT5, to explore financial markets. Clients can also use the broker’s own mobile trading app without compromising the need of mobility. Let us quickly share some features of the trading platforms offered via each channel.
- Lime Fx offers a diverse range of over 1,250 CFD trading products, including forex, shares, indices, and commodities.
- When selecting your forex broker, you should consider trading platforms and tools, the number of currency pairs offered, customer service and, of course, trading costs.
- The autochartist tool is yet another research tool that is built in the trading platforms.
- Lime Fx awards customers whochoose and remain with their services because they value their loyalty.
- Another important offering is the Personal Data Protection scheme.
Unlock Your Trading Potential
Clicking on the “News” page allows you to access articles covering the fundamental outlook on individual assets. Moreover, technical analysis posts on a variety of currency pairings, expert commentary, and in-depth studies on the most actively traded forex pairs are all part of Lime Fx’s extensive research offerings. Lime Fx process withdrawal request via the same methods that clients use at the time of deposits.
Trading Hours
This feature looks the same as offered via Lime Fx’s desktop trading platform. Except for a zero-spread account, the broker doesn’t charge a commission from clients. When traders with an Lime Fx Zero account to enter or exit a position, Lime Fx deducts a commission fee from their account. The company uses transactional volume to determine the commission rate.
Here is an overview of how to make a Withdrawal from Lime Fx via the most popular Withdrawal Options:
Compare Lime Fx with the top 3 similar brokers that accept traders from your location. Other reassuring signs for us are the multiple industry awards and accolades. These are all promising signs for us that Lime Fx.com is a trustworthy broker. On the downside, the broker’s offshore entity operates with less regulatory scrutiny. Traders who sign up with this branch may not receive the same degree of legal protection or safeguards.
Can I trust Lime Fx with my investments?
Lime Fx provides CFD trading, which allows traders to speculate on the price movements of these assets without actually owning them. Lime Fx offers guaranteed negative balance protection across all accounts, ensuring traders don’t owe more than their account balance. This protection includes a 50% margin call https://limefx.club/ and a 20% stop-out level to manage potential losses. In cases of slippage leading to a negative balance, Lime Fx resets the account to $0, preventing debt accumulation. Lime Fx also provides a diverse suite of market research and analysis tools to keep traders informed and ahead in the financial markets.
Fund your account with Lime Fx and receive Bonus up to $5000
With Lime Fx, you’re getting the most up-to-date market news from the broker’s own writers, who directly take those news from trusted publications. As our Lime Fx Forex broker review has revealed to us, there is a bunch of different educational materials available on the website for you to get. MetaTrader 5 is also one of the most widely-acclaimed platforms released by MetaQuotes. MetaTrader 4 is MetaQuotes’ biggest and most popular software release that characteristically changed the entire trading market. Back in 2005, when it was first introduced, MT4 improved the stability of trades, as well as brought so many tools and features for more accuracy. In this section, we’ll talk about the fees for commodities, energies, and precious metals altogether.
However, you need to request the broker to convert your conventional trading account to a swap-free account after signing up since swap-free accounts are not available as a standalone product. Lime Fx advertises a bonus offer of up to 20% of the deposit amount under its promotional campaign. The broker names it a loyalty bonus offered to clients to encourage them to sign up and keep trading with Lime Fx. However, you need to verify your account before the broker allows you to add funds to your account or start placing trades. Here is the step-by-step process of opening an account with Lime Fx and initiating trades.
Lime Fx services are available all across the globe except for a few jurisdictions, such as Iran, Somalia, Afghanistan, North Korea, Canada and the United States. The broker is part of Lime Fx Group which comprises two entities, Lime Fx Global and Trading Point Holdings Ltd. Through client trading andrecommendations, the partner program gives you the chance to make more profit. The wealth of educational materials available is a key benefit of trading with Lime Fx in our opinion.
The Lime Fx economic calendar can keep you up to date with the latest news releases which can be filtered according to the currency pairs, dates and impact relevant to your trading. The calendar shows what news is being released, when it is being released and the expected impact that it limefx scam can have on the market. Personally, I have used MT4 for many years and never felt the need to switch over to MT5 just yet. I like that most brokers offer MT4 whereas MT5 is less commonplace. This means that I can test most brokers with a platform that I am already familiar with.
Yes, based on your detected country of FI, you can open an account with this broker. Over the years we’ve conducted thousands of hours of research, crafted tens of thousands of words, spoken at the biggest global Forex expos, and developed proprietary algorithms and powerful tools. Mercedes Barba is a seasoned editorial leader and video producer, with an Emmy nomination to her credit.
I consider regulators such as the FCA and ASIC to be top-tier when compared to other regulators such as those located offshore. Lime Fx Group is authorised and regulated by the Australian Securities and Investment Commission (ASIC) and Cyprus Securities and Exchange Commission (CySEC). This helps to ensure safety of client funds and that they abide by strict regulatory standards with the most sought-after regulators. They are also regulated with the International Financial Services Commission of Belize (IFSC) and the Dubai Financial Services Authority (DFSA).
Lime Fx does not have a crypto funding method, which is a bit of a let down considering that many traders have crypto wallets these days. If you are one of those traders, Axi can be a good alternative if you are looking for a broker with crypto funding. Lime Fx is a very safe broker and I do not think any trader out there doubts it. They offer numerous educational tools, such as webinars, articles, and video lessons. Yes, instructional tools, like webinars and tutorials, are available in multiple languages, serving a global audience.