The “Lime Fx mark-up” on financing charges is not unique amongst brokers but some do not add any fees to the standard tom-next rate formula. We like the zero fees that you get on deposits and withdrawals (except for wires below $200). Inactivity charges are low on the monthly rate but kick in after only a short time.
Withdrawal requests are declared to be processed instantly by their Artificial Intelligence Back Office System, based on algorithmic parameters. Lime Fx Global also provides direct share trading in addition to the previously mentioned assets. Lime Fx offers Forex, Stock CFDs, Turbo Stocks, Commodities, Indices (Equity and Currency), Energies (Cash and Futures CFDs), Precious Metals (Spot and Futures CFDs), Thematic Indices and Crypto CFDs. Enter the world’s most liquid market with the confidence of having a leading broker at your side. Our comparison table below highlights the spread differences between Lime Fx and Pepperstone, helping you choose the better option for your trading needs. When it comes to trust and security, Lime Fx has taken significant steps to establish itself as a regulated and secure broker.
Islamic accounts are available across the Standard, Micro, and Ultra Low account types. Lime Fx does not impose hidden fees or widen spreads for Islamic Account holders, providing a fair and transparent trading environment for Muslim traders. Lime Fx provides an impressive selection of over 55 currency pairs, which include major, minor, and exotic pairs. The platform offers tight spreads and competitive pricing, making it a solid choice for forex traders.
Research and Education
The broker aims to streamline the transaction process, ensuring that traders can deposit and withdraw their funds with ease. MT4 allows traders to customize their experience with a variety of analytical tools, making it suitable for both beginners and experienced traders. The platform is available across multiple devices, including desktop, mobile, and web versions, ensuring accessibility and flexibility for traders on the go. With features such as one-click trading and customizable charting options, MT4 remains a popular choice for forex and CFD trading. Lime Fx offers CFDs on 14 global stock indices, including well-known indices such as the S&P 500, FTSE 100, NASDAQ 100, and DAX 30. While these indices cover all the major markets, the selection is somewhat limited compared to other brokers that typically offer between 15 to 20 indices.
SharesAccount
- The charges will vary across different instruments and vary from day to day., determined by “tom-next rates”.
- Lime Fx does not charge fees on most withdrawal methods, but bank wire transfers below a certain amount may have fees depending on the financial institution.
- Lime Fx Global offers a VPS service to its clients for free, as long as they meet certain requirements.
- Lime Fx does not affirm that the information on its website is suitable to all jurisdictions.
- Lime Fx spreads start from 0.6 pips for Standard and Micro accounts, while Lime Fx Ultra Low accounts offer spreads as low as 0.0 pips.
We believe that Lime Fx’s spreads are reasonable but not as competitive as some rival brokers. Lime Fx is a group of brokers operating in jurisdictions around the world under the umbrella of the parent company Trading Point of Financial Instruments Ltd. 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.
This is the final main account that you can open with Lime Fx and is a zero spread account. Traders can keep their costs down by trading with spreads that “can be as low as 0 pips” (although not always this low). For this privilege, traders will have to pay a commission of $3.5 (both in and out) for every 1 Lot traded. (See Trading Costs for a comparison of the spread versus commission account models). The Lime Fx Swaps Calculator allows traders to input the currency pair they are trading, the lot size, the direction of the trade (buy or sell), and the current exchange rate. The calculator will then determine the overnight interest rate that will be applied to the position.
Lime Fx provides access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), catering to various trader needs and strategies. When evaluating Lime Fx against Eightcap, each broker brings unique advantages to the table. Our comparison tables below provide insights into their spreads, quotes, and trading volumes. Check below the volume comparison table between Pepperstone and Lime Fx to help you assess which broker offers higher market activity. Clients can access a detailed Help https://limefx.vip/ Center covering common issues, platform guides, and trading resources. Responses through live chat are prompt, and email replies typically arrive within 24 hours, ensuring timely assistance.
Yes, Lime Fx offers free demo accounts with virtual funds, allowing traders to practice in a risk-free environment. It offers traders real-time data to compare prices and select the best trading pairs. Depositing and withdrawing funds with Lime Fx is a convenient and secure process. The broker offers a variety of payment methods to cater to traders from around the world. One strong plus is that Lime Fx extends negative balance protection to all its clients, not just the EU clients that it is required to by law. This means that traders cannot lose more money than they put into their account and is excellent for beginners especially.
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Whether youre new to trading or seeking to expand your investment strategies, Lime Fxs copy trading service offers a dynamic and accessible way to navigate the financial markets. Aspiring traders seeking a comprehensive and user-centric trading experience should look no further than Lime Fx Group. With its user-friendly platform, diverse tradable assets, and commitment to education, Lime Fx stands out as a broker of choice. Whether you’re a beginner or an experienced trader, Lime Fx Group offers a range of account types to suit your needs and preferences. In conclusion, Lime Fx Global offers a wide range of educational resources to traders of all levels. Whether you are a beginner or an experienced trader, Lime Fx Global has the tools you need to succeed.
E-wallet withdrawals are typically completed within the same day, while bank transfers and debit card withdrawals may take between two to five business days. To enhance financial security, Lime Fx implements strict compliance measures and risk management protocols. Client funds are held in segregated accounts at top-tier financial institutions, ensuring they remain separate from the company’s operational capital. This structure provides an added layer of protection and reinforces the broker’s commitment to safeguarding trader assets. Lime Fx offers a reliable customer support system with a variety of communication channels, designed to assist traders efficiently throughout the trading week. Support is available 24/5 via live chat, email, phone, and messaging apps like WhatsApp and Telegram, with limited availability on weekends for added convenience.
However, scammed by limefx the inclusion of key indices still offers opportunities for traders to speculate on broad market trends. Lime Fx Broker provides traders with an extensive selection of trading instruments, catering to various financial markets and investment strategies. With a diverse asset offering, Lime Fx is a strong choice for those looking to explore multiple markets within a single platform.
Nurturing Traders of All Levels
We consider six months or sooner to be bad, whilst 18 months and above is generous. In other words, opening a trade with the Micro account, a 1 Lot position on EUR/USD gives you exposure to $0.1 per pip (or 10 cents per pip) movement. The conventional way of judging the quality of regulation that a broker holds that the more the merrier. Lime Fx has been gradually expanding its regulatory licenses over the years and is now up to three. Starting with the regulation in Cyprus (which covers the EU’s ESMA regulation), expansion has included Australia (a strong, tier-one jurisdiction) and latterly in Belize.
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The platform employs advanced encryption technologies to secure all transactions and sensitive data. Negative balance protection is also in place, preventing traders from losing more than their deposited funds in volatile market conditions. Lime Fx generally does not charge fees for deposits and withdrawals, but additional charges might apply depending on the payment method you use. For example, Lime Fx charges fees for deposits and withdrawals via Bank Wire below $200. It’s important to check the broker’s website for the most up-to-date information on deposit and withdrawal fees. Lime Fx provides CFD trading, which allows traders to speculate on the price movements of these assets without actually owning them.
Nobody does more to provide you with what you need to maximise your trading potential. Explore some of our must-have products that keep everyone trading with us time and again.
BestBrokers.com is free to use for everyone and it may earn a commission from some of the listed trading platforms with no additional cost to you. There is also a two-tier bonus on deposits which can give you up to $5000 extra into your trading account. This is a 50% bonus on depositing $1000 (giving you a bonus of $500) and then a further 20% bonus on deposits up to $23,500 (giving you a further bonus of up to $4500). The Standard and Micro accounts have a minimum deposit of just $5 (or equivalent denomination) to start trading.
- Lime Fx provides access to over 1,200 financial instruments, including forex pairs, stocks, commodities, and cryptocurrencies, with trading available on the widely used MetaTrader 4 and MetaTrader 5 platforms.
- This feature is especially beneficial for beginners looking to learn from professionals while minimizing risk.
- Lime Fx is a globally recognized Forex and CFD broker that has been serving traders since 2009.
- Armed with multiple licenses, Lime Fx offers competitive services for retail traders, investors, and affiliates.
- A pip is the smallest unit of measurement in the forex market, and it is used to measure the change in value between two currencies.
The Lime Fx Copy Trading platform offers a seamless way to follow and execute trades in real time. Investors can filter strategy managers based on key performance metrics, risk levels, and trading history, ensuring a customized and controlled approach to copy trading. Additionally, the platform supports algorithmic strategies, allowing users to copy automated trading systems for more consistent performance. Lime Fx offers swap-free Islamic Accounts that comply with Sharia law, ensuring that no interest is charged or paid on overnight positions.
The spreads for major currency pairs such as EUR/USD, USD/JPY, and GBP/USD are very tight, ranging from 0.6 to 1.5 pips. This means that traders can execute trades at very low costs, which can help to maximize their profits. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. We are aware of some negative reviews regarding spread widening and larger-than-expected slippage.