They take a customer focused approach and are committed to providing the highest standard of services with full transparency to clients. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. Lime Fx impresses with its probing and layered market research, developed in-house and incorporated from Trading Central. 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.

Only verified trading accounts can make deposits or withdrawals, and the payment processor’s name must match the account holder’s name at Lime Fx. Lime Fx offers eight distinct account types to cater to various trading styles and preferences, with most requiring a minimum deposit of $0, making them highly accessible. Traders can choose between Live and STP/ECN accounts, both providing access limefx official site to the industry-leading MetaTrader 4 (MT4) platform.

The additional bonus funds can be used to trade forex, commodities, indices, and other instruments, giving traders more flexibility and leverage in the markets. Terms and conditions apply, and traders should review the bonus rules to understand any withdrawal requirements. Precious metals, such as gold and silver, are popular trading instruments for those seeking safe-haven assets during market volatility.

Market Manager

If that was the case, I wouldn’t want to be waiting around for days whilst a bank transfer clears. There is an excellent selection of forex currency pairs (major, minor and exotics) to trade, 24 hours a day, 5 days a week. You can choose your own leverage and have unlimited access to some of the largest liquidity providers through Lime Fx. Established in 2010 and headquartered in Cyprus, Lime Fx is a financial derivatives broker known for its extensive range of trading tools and features. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. Essentially, the broker lends the trader money so that they can open bigger positions.

• At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools.
• Trading cryptocurrency CFDs allows traders to speculate on price movements without owning the actual coins.
• It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.
• Lime Fx does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria and North Korea.

This is not something exclusive to this broker, you will find most have a demo account available. If you are looking for the smallest possible spreads (starting from 0 pips), then you may consider the zero spread accounts. These do charge a very competitive commission which varies depending on the level of the account. I must admit that the commission is not the lowest I have seen, but I also feel that the quality of the broker makes it worthwhile. Lime Fx provides a diverse range of highly informative educational materials in both written and video formats. The broker has published multiple eBooks and hosted hundreds of webinars, along with maintaining a podcast with regular episodes.

Lime Fx is one of the few brokers that allows traders to choose between fixed and floating spread accounts. It also stands out with its tailored offerings for crypto traders, including a remarkably low BTC/USD spread, the option to use BTC as a base currency, and support for payments via digital currencies. The broker provides featured trading ideas from Trading Central, offering day traders insights into developing market setups. While it offers a range of supporting tools, it had above-average spreads on instruments like GBPJPY and US30 during my test and lacks an alternative to MT4. Lime Fx serves a significant number of clients across Europe, providing services in countries such as the United Kingdom, Germany, France, Italy, Spain, Greece, Portugal, Sweden, Norway, and more. You can trade spot metals with no currency exposure, some of the most competitive spreads and industry leading trading conditions.

How do I open an account with Lime Fx?

The broker charges an inactivity fee and requires a minimum deposit, but it also offers discounts for active traders. The average spread cost for the EUR/USD pair is 1.2, slightly above the industry average of 1.08. With an average rating for commissions and fees, Lime Fx provides a standard cost structure without significant advantages.

Lime Fx Trading Fees

• Specific details of the welcome bonus, including the percentage and maximum bonus amount, may vary, so traders should check the Lime Fx website for the latest offers and terms.
• If you are looking for a reliable trading broker with everything that you need in once place and much more, Lime Fx are a top choice.
• Based on its rating for education and beginners, it provides an average educational experience.
• These webinars cover a wide range of topics, including technical and fundamental analysis, trading psychology, and market trends.

With over a decade of experience, this broker has built a reputation for providing top-notch trading services to retail and institutional clients worldwide. Lime Fx can now provide you with the ability to run MT4 directly on your Mac without the need for extra add-ons. Lime Fx MT4 Mac is designed with the same features and specs as Lime Fx MT4 for PC. Benefit from the great range of features including advanced charting and one-click execution. Gain access to technical analysis tools to ensure a seamless trading experience from your Mac computer. When deciding which account type to open, traders should consider several factors, such as the products they intend to trade, the trading conditions, and the execution type that best suits their strategy.

63.91% 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. Traders in Australia and New Zealand can also access Lime Fx’s trading services.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Lime Fx offers 83 forex pairs and 340 tradeable symbols, providing a decent range of trading options. However, its total tradeable symbols are far below the industry average of 3,623. Based on its rating for education and beginners, it provides an average educational experience. For those of you who are of Muslim faith, I am pleased to say that the broker does have swap-free accounts which comply with Sharia law.

You can buy and sell CFDs on spot commodities with best-of-market spreads and spot execution without having additional foreign exchange exposure. There are all of the major agriculture and energy commodities that you would expect to find with a top broker like Lime Fx. Client security is a key aspect of the groups philosophy with client funds being held in segregated accounts in accordance with strict policies and procedures, separate from their own funds. Each clients account is provided with a unique code which is used to ensure that the funds are only for the funding purposes.

Platforms

At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, https://limefx.club/ and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. In the Middle East and Africa, Lime Fx offers its services to traders in countries such as the United Arab Emirates, Saudi Arabia, Kuwait, Nigeria, South Africa, and Kenya. The broker provides specialized account options and customer support tailored to the preferences of traders in these regions.

Trading Contests and Competitions

These allow traders to examine market developments from different angles and exploit the underlying trading opportunities in multiple ways. 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. However, Lime Fx broker’s main weaknesses are its lack of offering MT5 trading platform and higher-than-average spreads on Standard (1.6 pips), Premium (1.4 pips), and VIP (1.2 pips). Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University.

Which platforms does Lime Fx offer?

Lime Fx offers an innovative copy trading solution through its TradeCopier platform. This allows traders to leverage the expertise of successful traders or share their own strategies with others. By referring friends or family members to Lime Fx, clients can receive bonuses or cash rewards once the referred person opens an account and meets the specified trading requirements. This promotion encourages traders to share the benefits of Lime Fx with others while earning extra rewards. You will find that they have an excellent variety of convenient deposit and withdrawal methods to meet everyone’s needs.

Lime Fx hosts regular trading webinars conducted by experienced market analysts and trading professionals. These webinars cover a wide range of topics, including technical and fundamental analysis, trading psychology, and market trends. Participants can ask questions in real-time and gain practical insights into improving their trading performance. Webinars are suitable for traders at all levels, from novices to seasoned professionals. Lime Fx provides the industry-leading MetaTrader 4 (MT4) platform, favored for its advanced algorithmic trading capabilities and user-friendly interface. While MT4 remains the core offering, Lime Fx has announced that MetaTrader 5 (MT5) will be available soon, further expanding trading options for its clients.

If you want to run your platforms 24/7, the Lime Fx VPS is another fantastic tool they provide. I think there is more than enough for everyone to find something that they would like to trade. You can choose from a great variety of trading platforms with low pricing and fast execution speeds.

It’s great that they serve clients from all different backgrounds and with different religious beliefs. However, as with demo accounts this is something that you would expect from all brokers nowadays. Lime Fx does not offer trading services to residents of certain jurisdictions including USA, Cuba, Sudan, Syria and North Korea. If your country is not accepted, please feel free to take a look at our broker comparison tool for alternative options.