Lime Fx are never charged any commission or fee for trading from their traders. However if we see its service like compatative spread and $0 commission for trading then we can forget fee. Lime Fx is a low-cost brokerage with no commissions and spreads that are generally competitive, especially on currency pairs.
As a broker regulated by CySEC, MiFID, and MISA, it complies with stringent industry standards to protect traders. Lime Fx utilizes two-factor authentication (2FA) to prevent fraud and secure accounts, adding an essential layer of protection for all users. Furthermore, the broker ensures that client funds are stored in Tier 1 banks, safeguarding these assets from potential risks. This commitment to security helps to instill confidence in traders who seek reliability and transparency. Lime Fx provides traders with access to a variety of research and educational tools designed to enhance trading knowledge and skills.
Lime Fx 100% First Deposit Bonus
Embedded tick charts are an extremely useful way to determine accurate entry and exit points. The above live prices are provided solely for informational purposes, not for trading purposes, and may be delayed. If you have traded with Lime Fx we would really like to know about your experience – please submit your own review. This average customer rating is based on 27 Lime Fx customer reviews submitted by our visitors. The international subsidiary, on the other hand, operates with limited oversight, and this holds the broker back from achieving a higher score. Lime Fx does slightly better with its educational content, which limefx forex brokers reviews includes some basic e-books, articles, and a glossary of key terms.
Whether you’re trading major currency pairs or exploring commodity markets, Lime Fx provides the necessary tools and instruments to engage effectively in global financial markets. Lime Fx is a regulated broker offering diverse trading instruments, including CFDs, commodities, currencies, cryptocurrencies, and indices. Licensed under CySEC, MiFID, and MISA, Lime Fx provides competitive spreads starting from 0 with no trading commissions under its ECN XL account, making it an appealing choice for traders seeking low-cost options. Lime Fx offers a single yet versatile account type – the ECN XL account, designed to cater to both beginners and professionals.
Simple and Streamlined Process
Placing a trade is a quick and straightforward affair that can be completed in a couple of clicks via the ‘Market Watch’ window or even more smoothly by turning on one-click trading. It was simple to complete the demo registration process within the client portal with the benefit of not having to complete any identity verification requirements. This is a much larger virtual bankroll than almost limefx reviews every other broker we’ve tested, but makes sense given the very high leverage.
Inactivity Fee
Its regulation contributes positively to its ratings for credibility and security. Live Averaged Spreads and Commissions of Lime Fx Trading Broker Accounts. The company providing very good spread conditions with Commission $0. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. This app comes equipped with sophisticated charting tools, including 30 technical indicators, 9 different timeframes, and 3 varieties of charts, ensuring a comprehensive trading experience. One of this platform’s biggest advantages is its support for automated trading via Expert Advisors (EAs), which have long been favored by algorithmic traders and which we feel are yet to be surpassed.
- Lime Fx offers several unique features that set it apart from other brokers.
- One of this platform’s biggest advantages is its support for automated trading via Expert Advisors (EAs), which have long been favored by algorithmic traders and which we feel are yet to be surpassed.
- That said, the bonus could not be withdrawn, and if your account balance reaches below 50% of the available bonus credit, the amount will be removed.
- Withdrawals at Lime Fx are also disappointing, with all methods besides cards and wire transfers incurring a percentage withdrawal fee that can reach a hefty 3.4%, depending on the method.
- I use Lime Fx for forex trading and have been impressed with the huge range of currency pairs, transparent fees and reliable MetaTrader 4 platform.
- Additionally, traders have access to real-time market data and analysis to help them make informed decisions.
- Lime Fx is committed to providing its users with educational resources through webinars, trading guides, and market analysis.
In addition to this, Lime Fx also offers the possibility to use the extended security algorithms of Public Key Cryptography. Information secured in this fashion is virtually impossible to hack in any short amount of time. The broker teases customers with decent customer support that we get through live chat, email, and phone calls. The global trader can easily communicate and get qualified help from the broker due to multilingual support, which in turn helps to improve the ratings of Lime Fx. The company has a license from at least one reputable regulatory body, such as the CySEC, and ensures compliance with industry standards and safeguarding client funds.
- CySEC is a top-tier regulator that helps ensure Lime Fx follows strict business standards and implements safeguards like negative balance protection and segregated client funds.
- MetaTrader 4 includes a whole range of easy-to-understand functions, so it only takes a few minutes to get comfortable with all the different options available to you as a trader.
- The broker provides access to CFDs (Contracts for Difference), which allow users to trade a wide range of markets without owning the underlying assets.
- With over 200 available assets, traders can diversify their portfolios and take advantage of different market conditions.
- In addition to this, Lime Fx also offers the possibility to use the extended security algorithms of Public Key Cryptography.
- Its regulation contributes positively to its ratings for credibility and security.
- This means that clients of Lime Fx’s offshore branch won’t get the same level of protection and won’t have access to compensation schemes or trusted regulators if things go sour.
Does Lime Fx Offer Low Fees?
The reliability of the firm and the reputation of the Forex market is much enhanced by these steps. That’s a key factor for me and that’s why I decided to join them and I can say since the moment I started trading through this broker I didn’t have any problems. This long-time industry favorite is starting to show its age after decades since its release, and we prefer for brokers to offer a selection of platforms with newer and slicker options, especially for beginners. Lime Fx offers a decent selection of payment methods including standard card and wire transfers as well as crypto and e-wallet solutions. This is a convenient range and I was especially happy with the inclusion of crypto payments as these are highly flexible and should work for traders based almost anywhere. With fast processing times and no deposit fees, Lime Fx makes it easy for traders to manage their funds efficiently.
Lime Fx works very well for intermediate and advanced forex day traders seeking high leverage and tight spreads from a ‘frill-free’ broker. This platform provides full trading functionality, charting tools, and technical analysis capabilities essential for both beginner and advanced traders. Lime Fx offers mobile trading apps compatible with both iOS and Android devices.
Unique Features
It is the security and speed of transaction processing that also contributes to high ratings of brokerage services. Like, they dont lure you in with leverage, dont create 15 account types. They dont have their own cooked up half-working trade platform, instead its tried and tested MT4 which is the best trading platform for retail by far. We have not experienced any security concerns during our many hours using the trading platform. Although some brokers like Vantage offer a similar service with less stringent qualifying criteria, Lime Fx’s VPS, combined with its excellent pricing, will appeal to high-volume traders and algo traders.