Lime Fx Forex Broker Review: Trading, Fees, and Services

Lime Fx provides a respectable variety of market research from a combination of in-house content and third-party materials. Overall, Lime Fx’s research is a touch above the industry average and will satisfy most forex traders, though it’s not as rich or diverse as what’s offered by the best brokers in this category. At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Based on our research on the regulatory status of over 60 brokers, we’ve found that FOREX.com holds 7 global Tier-1 licenses, while Lime Fx holds 4. Lime Fx offers powerful trading tools, including automated trading, advanced technical analysis, and real-time news feeds, to assist traders in making informed decisions. Lime Fx’s MT4 desktop version streamlines trading, enabling traders to effortlessly manage positions, set take-profit and stop-loss orders, and navigate multiple markets simultaneously.

Withdrawal Options and Fees

Lime Fx presents a diverse trading landscape encompassing currency pairs, commodities, stocks, indices, ETFs, and cryptocurrencies. Regardless of your preferred trading strategy or asset class, Lime Fx offers a solution tailored to your needs. With competitive spreads spanning all markets and robust liquidity during peak trading hours, Lime Fx stands as the ultimate broker to fulfill your 2023 trading requirements. What truly sets Lime Fx apart is its unwavering commitment to delivering top-tier customer service. Our customers gain access to a proficient team of experts poised to address all their investment-related inquiries and concerns. Furthermore, we provide an abundance of educational resources covering vital subjects like trading strategies, risk management, and market analysis.

We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly. To open a trading account with FOREX.com, you’ll need to make an initial minimum deposit of $100. The broker claims to offer some of the tightest spreads on the market when it comes to trading BITCOIN. An Interest-free account is targeted at Swap Free Islamic Accounts who are forbidden from earning (or paying interest) as it is forbidden by Sharia law.

The user-friendly platform empowers traders to effortlessly monitor positions and swiftly make well-informed decisions. Furthermore, Lime Fx’s expansive range of financial instruments empowers traders with diverse options for selecting their preferred trading instruments. Lime Fx also offers a demo account so traders can practice their skills before investing real money in the markets.

All CFD option is commission-free, which means costs are included in the spread. Withdrawal can be done by card, Bank Wire or Skrill, Neteller and in Australia by Electronic Funds Transfer and Union Pay. While there are no withdrawal requirements, there are fees when using Bank Wire and Union Pay. Please note that Herd Markets may have financial relationships with some of the merchants mentioned here and may be compensated if consumers choose to click the links located throughout the content on this site. If you would like to see Lime Fx compared against some of the best Lime Fx fees alternatives available right nowyou can do so by clicking on the links below.

What funding options does each broker offer?

39 currency pairs, for example, would put Lime Fx at the lower end of the broker for currency choices. Lime Fx is especially proud of their own Trading Station II (not to be confused with another platform TradeStation). It was built based on the feedback from Lime Fx traders and trading data accrued from over 10 years to meet the needs of their clients. Lime Fx standard spreads generally fall in the midrange when compared with other brokers with the most competitive spreads on offer appearing to be for AUDUSD and AUDJPY currency pairs.

1. Lime Fx is well-suited for beginners, providing comprehensive educational materials and user-friendly platforms.
2. Lime Fx’s charts are great, but nowadays, no broker’s charts are a match for TradingView so in this case, there are not many positive points to describe given that Lime Fx also provides the TradingView option.
3. When it comes to account types and funding methods, Lime Fx continues to be a leader in the industry.
4. Pips are used to measure prices for both Lime Fx commodities and currencies.
5. Please note that due to FCA regulation, UK retail traders are not able to trade cryptocurrencies with UK brokers.

They offer various competitions with prizes ranging from cash, credit, and trading tools. The more active traders can take advantage of the referral program which gives them rewards for referring new customers to the platform. Furthermore, there are no hidden fees or charges when signing up for any promotion or competition at Lime Fx. Overall, Lime Fx remains one of the top brokers in 2023 due to its exceptional customer service, secure funding methods, and wide selection of account types. With their competitive pricing structure and reliable platform, Lime Fx is an ideal choice for both beginner and experienced traders who want to make successful trades in the market. What sets Lime Fx apart is its arsenal of potent trading tools, designed to cater to traders of all levels.

XTB Broker fees

Stratos Global LLC («Lime Fx») is incorporated in St Vincent and the Grenadines with company registration No. 1776 LLC 2022 and is an operating subsidiary within the Stratos group of companies. Lime Fx is not required to hold any financial services license or authorization in St Vincent and the Grenadines to offer its products and services. To save your time, if you’re looking for ETFs, Stock, commodities, Futures, Options or a wide variety of cryptocurrencies, you’ll find Lime Fx’s offering quite limited.

Lime Fx Leverage Fees

It’s worth mentioning that your trading account balance must meet a threshold to access certain educational content. FOREX.com provides traders 91 currency pairs (e.g., EUR/USD) compared to Lime Fx’s 43 available pairs. If you prefer social or copy trade, then Zulu Trader might be your preferred choice of the trading platform. This type of trading allows you to copy the trades of experienced traders, making it a great choice for beginner traders wanting to learn the trading strategies of successful traders.

We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. When trading live financial markets with Lime Fx traders must have a clear understanding of all Lime Fx commissions and fees. Commissions and fees are not standard across all trading platforms like Lime Fx; rather, Lime Fx fees may differ from other brokerage companies. 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, 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.

He has a Masters and Commerce degree and has an active role in the fintech community. Trading with Indices allows you to reduce the risk of your exposure when trading volatile instruments. Lime Fx has a trust score of 78, from its regulation, reputation, and reviews. Lime Fx operates four subsidiaries around the world that are overseen by different financial authorities. The leverage you are able to trade with depends on whether you sign up to the UK, European, Australian or South Africa entity. Lime Fx extends the flexibility of trading through its mobile app, granting users the freedom to access their platform from any location, at any hour.

If you hold a position in a Lime Fx CFD overnight, you are subject to a small payment with Lime Fx known as an overnight fee, which is also known as a Lime Fx rollover fee. These Lime Fx charges are a direct result of the supply and demand dynamics that are influencing the financial markets. All websites and web-based platforms are tested using the latest version of the Google Chrome browser.

Additionally, Lime Fx offers a wealth of educational resources, encompassing market analysis techniques and savvy money management strategies. This educational support accelerates the learning curve for novice traders. Lime Fx and other brokers charge commissions on some traded financial instruments to have Lime Fx orders to sell or buy financial securities on global markets executed on their behalf by Lime Fx. It is important to check with your Lime Fx bin order to determine the Lime Fx commission charges that will apply to your Lime Fx investment before you make it. A wide variety of different financial services companies like Lime Fx all charge brokerage fees. Lime Fx fees are charged to their customers in order to maintain Lime Fx customer accounts.

From automated trading solutions to advanced technical analysis tools, and real-time news feeds, Lime Fx equips both novice traders and seasoned investors with the resources they need to thrive in the financial markets. For over two decades, Lime Fx has stood as a stalwart in the online brokerage industry, earning a solid reputation for reliability and expertise. Since its inception in 1999, Lime Fx has continuously empowered its clients with access to a diverse portfolio featuring over 40 currency pairs and an extensive array of CFDs. Alongside these offerings, Lime Fx takes pride in delivering competitive spreads, budget-friendly commissions, and unwavering customer support. Think about putting your money to work with a broker like Lime Fx that will let you buy and sell stocks and exchange-traded funds without charging you excessive limefx scam Lime Fx commissions or other fees.

The difference between the Forex, Minors, Majors, Exotics, Indices, Energies, Metals, Bonds, bid and the ask price fluctuates depending on the Lime Fx financial instrument, asset class, and position. Joey Shadeck is the Content Strategist and Research limefx scam Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.