Traders can access a wide range of crypto pairs, and deposits and withdrawals are available in cryptocurrencies. Lime Fx has focused on delivering fast order execution, with trades executed in as little as 0.03 seconds. Founded in 2007, Lime Fx is a veteran of the forex and CFD industry. Lime Fx offers a few trader bonuses and promotions, including a 25% welcome bonus on minimum initial deposits of $500. There’s also a cashback loyalty program, where part of the spread is paid back to clients who trade regularly.
Besides research from Autochartist, Lime Fx publishes quality in-house research with actionable trading recommendations. It also maintains a Telegram signal service and explains its trades well. I rate the well-structured Lime Fx research section among the best in the industry in quality limefx website and quantity. No, regardless of payment type, Lime Fx does not charge commissions on any deposits. Furthermore, it is an excellent solution for experienced traders who aim to enhance their performance across global markets.
Unique Features
Lime Fx was established in 2007 and currently serves over a million clients worldwide. The company showcases essential indicators of a broker’s reliability and regulation. A competitive ECN trading environment with audited and verified order execution. ✅ Lime Fx has a blog that covers a wide range of trading-related subjects.
- MetaTrader 4 and 5 can be used on all devices as well, offering both desktop and mobile apps.
- Please note, some markets may only be available via CFDs or other derivatives.
- Live chat, which is the most important support for any trader, is working well, and the personnel seem polite and knowledgeable, quickly answering questions on any topic asked.
- Lime Fx has focused on delivering fast order execution, with trades executed in as little as 0.03 seconds.
Deposit and Withdrawal
Commissions are only charged in the ECN account which offers the tightest spreads. Yes, Lime Fx offers a demo account, allowing traders to practice and familiarize themselves with the platform without risking real money. The leverage Lime Fx offers varies based on the account type, balance of funds, and the trading instrument. The table outlines the maximum leverage available depending on the trading instrument. If you choose FIXED or STANDARD account types, the minimum deposit is $100, €100, or ₽7000.
Are there any fees for depositing into an Lime Fx account?
The MetaTrader terminal allows for manual and automated trading, setting pending orders, and using numerous indicators. The software supports thousands of user add-ons that simplify the search for successful trades and implement algorithmic trading strategies. Leverage in trading is a tool that allows investors to increase their market exposure beyond the initial investment (the margin). However, while leverage can magnify profits, it also increases the potential for higher losses.
For their accounts, except for the ECN one, the commissions are zero, making it very cheap to open a trade. Spreads are moderate, and day traders will find it easy to open trades for days without expensive commissions and fees. The standard account offers a middle ground between all other trading accounts and is great for beginners and pros alike. Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange.
Lime Fx offers an Islamic Account designed specifically for Muslim traders that follow the principles of Sharia law. Initially serving traders in the Commonwealth of Independent States (CIS), the broker quickly grew to include customers from Asia, Latin America, and others worldwide. Safety starts with regulations and depending on how many regulators are overseeing the broker, we can determine how safe it is to hand our capital over to them.
Typical ECN spreads at Lime Fx start from 0.2 pips for popular pairs such as EUR/USD and USD/JPY. Note that Standard account spreads come in at around 1.5 pips for EUR/USD. Yes, Lime Fx provides VPS (Virtual Private Server) services to ensure stable and uninterrupted trading.
Over the years, Lime Fx has built a strong client base by focusing on transparency, reliability, and a commitment to delivering quality services. Competitive trading conditions are available via the ECN account type, allowing active traders to keep costs to a minimum. Beginners can benefit from reliable 24/7 customer service, demo accounts, micro-lot trading, and a robust range of research materials. Lime Fx offers various trading assets, including currency pairs, metals, cryptocurrencies, bonds, commodities, and indices. Many traders are attracted to the opportunity to use high leverage and engage in scalping trading strategies.
There’s also a single thread strategy tester, access to global news and the option limefx scammers to use automated strategies with trading robots (Expert Advisors). It allows scalping strategies and offers fast execution and low spreads. Lime Fx makes money through spreads, commissions on trades, and overnight swap fees. Investors who are not keen on engaging in independent trading can still achieve significant profits by copying the trades of successful traders.
What is the maximum leverage on Lime Fx?
Here, we focus on the broker’s longevity in business, company size, and the level of transparency they provide with readily available information. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. Compare the markets and instruments offered by Lime Fx and its competitors. Please note, some markets may only be available via CFDs or other derivatives. Compare Lime Fx with the top 3 similar brokers that accept traders from your location.
The table below lists the protections and benefits by entity, regulator, and region. MT5 is also available as the Web Trader version, or the downloadable terminal for Windows and MacOS users. The broker’s website publishes fresh analytics from Lime Fx and Forex market news. All the relevant information is collected in the “Analytics” section. Lime Fx supports credit/debit cards, cryptocurrencies, ADVcash, and Perfect Money.