All-in-all, there is a good reason why in our mind MT4 is far and away the most popular trading platform for retail forex traders. If you want a program that has the fundamental features you need to trade without superfluous features that some competing platforms tend to have, then MT4 is an excellent choice. Just know that it is not the best option for stock trading, for this, you are better off using its more powerful successor MetaTrader 5. Lime Fx offers two pricing options, a commission account and a non-commission account. Using in-house data collection at CompareForexBrokers, we got an insight into the size of the spreads offered by Lime Fx.
Does Lime Fx offer any bonuses or trading contests?
- Lime Fx’s award-winning mobile trading app delivers a seamless, feature-rich experience for traders at every level.
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- Followers, on the other hand, by opening an account will be able to deposit funds and start copying the trades of their selected SPs.
- The minimum deposit is $100; the maximum deposit is ten thousand dollars.
- You can use the demo account for however long you like to practice trading in real market conditions.
The Pro Account offers ultra-low spreads starting from 0.5 pips, swap-free options, no commissions, and high leverage. It’s an ideal choice for seasoned traders seeking enhanced control with reduced trading costs. With a $0 minimum deposit and micro-trade sizes, the Cent Account allows new traders to gain real-market exposure with minimal risk—an ideal bridge from demo to live trading.
This ensures client fund protection and adherence to strict financial compliance guidelines. Additionally, Lime Fx implements robust account security measures to safeguard your financial information. Lime Fx is the easiest broker u can have, first their deposits and withdrawals don’t charge a dime. Their Balance Protection Policy safeguards investments, and segregated accounts ensure funds are kept separate from the company’s operational funds, enhancing financial security.
You can choose to follow and copy successful traders, or you can set yourself up as a Service Provider (SP). Followers, on the other hand, by opening an account will be able to deposit funds and start copying the trades of their selected SPs. If you have a little more experience under your belt, then the Premium account is a better option for you. With the Premium account, you can open larger positions and benefit from tighter spreads. Whether you’re just starting, or you’ve been trading for a while, Lime Fx is an accomplished broker that offers just about everything you could think of. Lime Fx supports a wide range of payment methods including wire transfer, MasterCard, VISA, crypto, Skrill, FasaPay, Neteller, and WebMoney.
We do not present any investment advice or guarantees for the accuracy and reliability of the information. Investment Opportunities at Lime Fx are rather limited, since Lime Fx main focus is on Forex trading CFD providing, therefore the proposal is different than classic Investment Portfolio firms. We are dedicated to maintaining high editorial integrity and transparency during reviews or other posts. However, it’s important to note that some of the products we discuss are from our partners.
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Filippo specializes in the best Forex brokers for beginners and professionals to help traders find the best trading solutions for their needs. He expands his analysis to stock brokers, crypto exchanges, social and copy trading platforms, Contract For Difference (CFD) brokers, options brokers, futures brokers, and Fintech products. Lime Fx offers access to the MetaTrader 5 (MT5) platform as one of the platforms available for its clients, improving the trading environment and selection between software. The platform proved ideal for beginners or advanced traders throughout testing we admit its robust functionality and straightforward UI. Compared to its predecessor, MT5 covers a larger spectrum of financial products by its basic settings, yet at Lime Fx we findrange of tradable instruments similar across all its platforms.
Really impressed with the quality of service from Lime Fx
If you’re new to forex trading, our broker review team would recommend opting for the Lime Fx Micro account. Alternatively, you can open a zero spread account with a minimum deposit of $200, or a Premium Pro account with $500. The support team covers over 27 languages, but availability on weekends is limited to urgent issues. Lime Fx offers a comprehensive educational suite that includes video courses, webinars, PDF guides, daily market analysis, and recorded lessons.
Additionally, Lime Fx participates in investor compensation schemes where applicable. For example, under CySEC regulation, Lime Fx is a member of the Investor Compensation Fund (ICF), which provides an additional layer of protection to eligible clients. In the event of a default, the ICF can offer compensation to clients, providing peace of mind and enhancing trust in the broker’s operations. Lime Fx places a strong emphasis on client protection, implementing several measures to ensure the safety of client funds. One of the key aspects of Lime Fx’s client protection strategy is the use of segregated accounts. Client funds are held in separate accounts from the broker’s operational funds, ensuring that these assets are protected in the unlikely event of company insolvency.
Trading and Investment Tools
- If you do need to get in contact with the support team, you will find them readily available in English through live chat, email, or phone.
- Lime Fx is a broker with a good reputation and regulations based on our finds.
- Below you can see an overview of the most common trading fees you will incur, based on the broker’s standard account type.
- This allows them full transparency, the ability to charge lower spreads and to focus on excellent customer service.
The broker’s emergence coincided with a wave of technological advancements that made trading more accessible to retail investors. From the beginning, Lime Fx aimed to set itself apart by focusing on innovation, client satisfaction, and regulatory compliance. The broker quickly gained traction due to its user-friendly trading platforms and customer-centric approach. The deposit structure is quite flexible, with no minimum required for Cent, Zero, and Premium accounts, allowing beginners to get started with ease. For more experienced traders seeking additional features, the Pro and Pro Plus accounts require a reasonable minimum deposit of $100 and $250, respectively. At Swagforex, our mission is to empower traders with reliable, insightful, and educational content on forex and financial markets.
The Lime Fx Top Up Account is distinctive for offering a bonus on every eligible deposit but is exclusively for traders under the regulation of the Financial Services Authority (FSA) of Seychelles. Lime Fx Top Up account is not available for traders in the EU, UK, and Australia. Traders can utilise both MT4 and MT5 trading platforms with the Lime Fx Premium Pro account.
Lime Fx is an award-winning forex, Indices, Stocks and commodities broker that provides trading services and facilities to both retail and institutional clients. Lime Fx is a highly regulated and trustworthy ECN/STP broker that has seen massive growth in recent years. To date, the broker boasts of over 3,5 million accounts opened by happy clients. This multi-jurisdictional approach ensures that the company adheres to strict regulatory standards, providing traders with a secure and transparent trading environment. The broker’s commitment to compliance is further reinforced by its negative balance protection policy, which safeguards clients from losing more than their account balance.
Lime Fx supports bank transfers, credit/debit cards, and alternative methods. Most deposits are instant or within 10 minutes, and the broker charges no deposit fees regardless of the method or amount used. Lime Fx MT4 is compatible with iOS, Android, and even WebTerminal for browser-based access. Traders can monitor and execute trades on the go without losing access to essential tools or analytical features.
Excellent
Withdrawal and deposit times range from instant to up to 10 business days, depending on the method. The broker has four main account offerings, including Cent, Zero, Pro, and Premium. This amount increases to $10 per https://limefx.vip/ month after a full year of inactivity, with an extra $10 added annually for extended dormancy.
We are also looking for writers with extensive experience in forex and crypto to join us. After your accounts are open, you’ll find that you can easily manage them as wallets from your client area. This is a good account if you do not have the experience to trade on your own. This insurance protects against mistakes, negligence, omissions, fraud, and any other issues that could result in financial losses. You will be able to enjoy this coverage at no additional charge as an Lime Fx client. The fully digital questionnaire makes the whole process quicker too, as you don’t need to worry about posting your documents to the broker for approval.
Lime Fx offers a wide range of trading instruments, including forex pairs, commodities, indices, stocks, bonds, ETFs, and cryptocurrencies. This diverse selection allows traders to build versatile portfolios and apply different strategies within a single account. Lime Fx presents a broad, diverse range of markets suitable for both beginners and experienced traders. Its accessible instruments, generous leverage, and supportive learning tools make it an excellent choice for exploring global trading opportunities with confidence. The Zero Account offers raw spreads starting from 0.0 pips on Forex, with a commission of $3 per lot.
Broker Types
They also provide a wide range of analysis tools and materials, to help both novice and veteran traders, and some very competitive bonuses and loyalty rewards. This Lime Fx broker review found that HF Markets is a hybrid broker and it does not take the other side of its client’s trades resulting in no conflict of interest. This allows them full transparency, the ability to charge lower spreads and to focus on excellent customer service. We should examine the available payment options at this point in the Lime Fx review. The company provides a variety of deposit and withdrawal methods to accommodate traders from different regions. When you get to the next step, it’s time to choose which account type you’d like to open.
With this in mind, it’s not hard to see why MT4 is popular, finding trading opportunities and executing your trades is just really straightforward when using this platform. MT4 is the industry-standard workhorse software of the retail forex industry and is offered by many brokers so is one we are very familiar with. We tested the platform with Lime Fx and except for some personalised branding, MT4 with Lime Fx has all the features we expect to see. Lime Fx’s commission account charges a commission of $3.00 per side scammed by limefx for USD accounts. As an aside, while we haven’t physically tested the spreads ourselves with HF Markets, we have tested RAW spreads with other brokers like Pepperstone, IC Markets, and Fusion Markets. Our results are really interesting and overall we can say there are brokers with spreads that are lower (at least according to our results).
Whether you are a seasoned trader or just starting, Lime Fx offers the tools and support you need to succeed in the dynamic world of Forex and CFD trading. Whether you’re a first-time trader or a seasoned pro, Lime Fx offers a range of trading accounts with varied starting deposits, spreads, leverage options, and execution features. This means that from cent-based beginners to raw-spread professionals, there’s an account suited for everyone. Lime Fx is a well-established broker with a strong reputation for security and regulation. They offer a user-friendly experience with popular trading platforms, competitive spreads (depending on the account type), and educational resources to support traders.
This includes Lime Fx educational videos, Training course videos, Forex education/e-course, Live Webinars, Events, Exclusive analysis, and a Podcast. These materials are perfect for beginners who want to learn forex trading. Our Lime Fx broker review team was pleased to see that there is a healthy variety of instruments to choose from. From currency pairs and shares to commodities and cryptocurrencies, you’ll find a good list of options.