With a broad suite of account types—from Micro to Shares, including Islamic (swap-free) offerings—Lime Fx accommodates an array of trading preferences. To address the needs of different types of traders, Lime Fx offers several account types. Each account type differs in minimum deposit requirements, spreads, commissions, and execution speed. This variety allows everyone—from micro-lot traders to those who prefer large-volume trading—to find a suitable option. IG Markets is a highly trusted, well-established broker that offers zero commission on UK and US shares.
And there are Lime Fx Group mobile platforms for smartphones and tablets, using Apple or Android operating systems. The Webtrader platform is accessible from any device with a web browser. Which means there is a suitable solution whatever device or computer is being used. Although the broker used to support social trading, it now seems to have quit offering it.
It’s a highly reputable broker, with strong regulatory oversight, They offer competitive pricing, with low minimum deposits. The trading experience is solid for both beginner and expert traders, and the MetaTrader platforms are a plus. Lime Fx offers multiple account types with varying trading requirements to accommodate traders of all skill levels. Clients also have the option of opening multiple accounts with the broker simultaneously. This Lime Fx review will take a deep look at various factors you must consider while signing up with the company.
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Compare Lime Fx with the top 3 similar brokers that accept traders from your location. I’ve used their live chat a few times when I needed quick assistance. Once, I was having trouble understanding the differences between accounts, so I jumped on live chat. Clients who still need to meet the eligibility requirements can access the VPS by requesting it in the Members Area for a monthly fee of $28.
The trading fees at Lime Fx are influenced by the selected account type and trading instrument. The Ultra Low Account is particularly popular among experienced traders who want a combination of low-cost trading and flexible trade sizes. The Lime Fx Zero Account is best suited for scalpers and high-frequency traders who rely on minimal spread costs and rapid trade execution to maximize profitability. Although a good range of contact methods are offered by Lime Fx, there is no customer support available on weekends.
- To find out more about this, you should read their full terms and conditions to ensure that you are eligible for something.
- Lime Fx review details show that they have a 0% policy on deposits and withdrawals.
- These apps, compatible with a variety of devices including iPhones, iPads, and Android phones and tablets, ensure that mobile users have unrestricted access to all market types and order options.
- Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis.
Precious Metals Trading
It offers traders real-time data to compare prices and select the best trading pairs. Currency conversion fees are applicable when deposits or withdrawals are made in a currency different from the account’s base currency, a common practice across the industry. For beginners, the Micro Account at Lime Fx is ideal for managing smaller trades with lower risk. Experienced traders may prefer the Lime Fx Zero Account for its lower spreads and cost efficiency. While many of the best brokers charge traders a commission fee for stock CFD trading, Lime Fx provides commission-free commodity and share trading.
What trading platforms does Lime Fx offer?
Lime Fx offers tight spreads, with three account types catering to different preferences. Lime Fx offers above-average trading fees on its Standard account and more competitive prices on its raw-spread (Zero Accounts) account. The broker does not charge a handling fee for deposits and withdrawals, and its inactivity fee is rather low. Lime Fx is a globally recognised forex and CFD broker that has been serving millions of clients since 2009.
It has simple interfaces and https://limefx.club/ advanced trading features that enable the Plus500 users to place orders on the international market. Furthermore, it provides real-time quotes, sophisticated charts, as well as learning materials. Additionally, AvaTradeGo can be downloaded on both Android and Apple’s iOS operating system, making it easy to trade while in transit.
Lime Fx Withdrawal Methods
Lime Fx is regulated, which adds to its credibility, and their 24/7 multilingual support means you can get help whenever you need it, which is a big plus. When you trade with Lime Fx, you’ll have access to a vast array of asset classes including forex, stock CFDs, indices, commodities, precious metals, energies, shares, cryptocurrencies, and futures. To make your trading experience seamless, Lime Fx offers user-friendly MetaTrader 4 and MetaTrader 5 platforms, which are highly popular among traders worldwide. Lime Fx provides different account types tailored to various trading styles, experience levels, and capital sizes. These distinct accounts vary in terms of minimum deposit requirements, spread types, commission, and trading conditions. Lime Fx also offers swap-free Islamic accounts to shariah practising traders.
All of these accounts require a minimum deposit of just $5, making them easily accessible. Spreads start at 0.6 pips on EUR/USD for the two commission-free accounts, while the Zero account offers 0 pip spreads but charges commission. If you require an Islamic account, Lime Fx offers swap-free options to accommodate your needs. The platform provides traders with access to a wide range of currency pairs, including majors, minors, and emerging markets. Additionally, Lime Fx offers easy and fast account opening, as well as a range of educational tools to help both new and experienced traders improve their knowledge and skills. However, it’s worth noting that the product portfolio is somewhat limited and there is no investor protection for non-EU clients.
- This is a welcome feature for new traders and experienced traders who like a streamlined user experience.
- We’ve mentioned here that one of the features Lime Fx Broker is known for is the extremely low minimum deposit.
- This review of Lime Fx is grounded in CompareForexBrokers’ comprehensive and methodical approach.
- My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.
Top Signals Providers
However, you need to request the broker to convert your conventional trading account to a swap-free account after signing up since swap-free accounts are not available as a standalone product. In conclusion, we addressed the most frequently asked questions (FAQs) to help clients know more about the broker. After reading this review, we believe you can certainly make an informed decision as to whether or not you should sign up with Lime Fx.
This can be helpful when traders are strategizing or researching economic ideas. 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 limefx courses scam $4500). For deposits into the account, they can be made in any currency and will be converted into the base currency of your account by Lime Fx prevailing inter-bank price. All deposits via credit/card and e-payment options clear into your account instantly.
With features like advanced charting tools, educational resources, and 24/7 customer support, JustMarkets aims to provide a comprehensive trading experience. With over 15 years of serving clients, Lime Fx has proven to be fair, trustworthy, and dependable. Traders can access over 1,400 instruments on more than 10 platforms, including the Lime Fx App. The award-winning broker is known for fair trading conditions, excellent support, and outstanding live education.
Watch my video walk through of the Lime Fx app below to see how it looks and feels, as well as how to place a trade. If you’re seeking a broker without inactivity fees, Vantage might be a suitable alternative. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Yes, based on your detected country of UA, you can open an account with this broker. Lime Fx has received various awards over the years from different organizations, reinforcing its reputation as a notable broker in the financial industry. Lime Fx clients from European Economic Area (EEA) countries are provided with investor protection of up to €20,000 through CySEC.
Account funding at Lime Fx Group
Withdrawals must first be processed back to the original deposit source before other methods can be used. The online broker has no regulatory issues on record during its 15 years of business. Regarding safety, Lime Fx holds a trust score of 67, which reflects its top-tier regulation, established reputation, and customer reviews. MT4 also supports backtesting of strategies, though it’s limited to single currency analysis. Traders can use Expert Advisors (EAs) for market scanning and automated trade execution, with the ability to create EAs using MQL4 or download them from the MetaTrader Marketplace. Alongside a broader range of CFD products, MT5 also brings enhancements in trading and analysis tools compared to its predecessor, MT4.