Lime Fx is an online, multi-asset broker best known for forex trading. Once registered, users can access the popular MetaTrader 4 (MT4) trading platform, flexible leverage and ultra-low spreads starting from 0.0 pips. This review will fully report Lime Fx’s offering, including exclusive deposit bonuses, demo accounts and fast deposit and withdrawal methods. Once the funds are in your account, you can begin forex trading by placing buy or sell orders for currency pairs. These orders can be placed through the forex broker’s trading platform, which gives access to real-time pricing information and charts.
Deposits
I like the trading environment at Lime Fx in the Absolute Zero account due to its competitive trading fees. Lime Fx is an ideal broker for Forex traders due to its above-average choice of currency pairs. The well-structured trading environment and dedicated customer support team, make it a great broker to register with.
Choose your Deposit Booster
- Mobile users benefit from total trade management without having to sacrifice functionality.
- This review will fully report Lime Fx’s offering, including exclusive deposit bonuses, demo accounts and fast deposit and withdrawal methods.
- The pioneering Lime Fx STP/ECN trading accounts allow traders direct access to deep liquidity and interbank pricing provided by top-tier liquidity providers.
- In forex trading, trades are sized in lots, with the standard lot representing 100,000 units of the base currency (the first currency in the pair).
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Is Lime Fx a regulated broker?
To begin trading forex, many brokers require that you have at least $1,000 of capital in your account, although some brokers will allow you to open cent accounts for as little as $50 or $100. Many forex brokers provide cent accounts, limefx which are more accessible to beginner traders because they require a lower minimum deposit than normal accounts. At Lime Fx we have a variety of accounts, each with its own character and its own objective. Different accounts are inevitably suited to different types of investor, with each account offering a different experience of the currency world.
Lime Fx, founded in 2010, is a forex and CFD broker regulated by multiple authorities, including ASIC, FCA, and under MiFID regulations. While it offers a variety of trading instruments and platforms, its overall offerings and ratings are average in the competitive forex market. Join Lime Fx in 3 easy steps and experience a bespoke trading environment with best-of-market spreads and the widest range of trading instruments.
Trade Smarter with Lime Fx Academy
Obtain immediate access to trade through 10 market-leading platforms. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. Lime Fx is a strong all-round broker with a reliable platform, low fees, high leverage, and a selection of welcome bonuses. Traders can also get started with a $100 minimum deposit while the Lime Fx.com group has good reviews from other users online. Traders must ensure they execute risk management to avoid magnified losses. Lime Fx offers negative balance protection, meaning traders can never lose more than their deposits.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. An FX withdrawal takes between one and ten business days, dependent on the payment processors and the geographic location of traders. The FAQ section answers the most common question, and live chat is available with fast response times for basic questions. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-free Absolute Zero account.
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. While it provides essential functionalities for trading on the go, it does not excel in limefx official site this area compared to its competitors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
The Lime Fx group presents clients with two regulated trading entities and maintains a secure trading environment. Lime Fx was set up in 2010 by a team of finance and software experts. Today, the company employs more than 450 people and has created a solid reputation as a trusted and reliable broker.
Lime Fx customers can choose from a good range of deposit and withdrawal methods. Lime Fx’s MetaTrader 4 trading platform is available via a mobile app for Android and iOS devices. Success in online trading and investing depends on proper planning based on solid information and useful market insight. All websites and web-based platforms are tested using the latest version of the Google Chrome browser.
Traders also get 15+ commodity CFDs, 20+ index CFDs, 30+ futures, and 150+ equity CFDs. I find the well-balanced asset selection suitable for most retail Forex and equity traders requiring fewer but highly liquid trading instruments, like day traders. I also like the Lime Fx fractional share dealing, which is excellent for smaller portfolios. I like that I can select from a lot of accounts at absolutely any point, giving me the full range functionality of the platform. If I decide to use a different strategy that would be best with a different set of trading conditions, trade execution, spread and leverage, I can simply create an account that fits my demands.
All content is researched, fact-checked, and edited by our research team and all ratings and rankings are based on the team’s in-depth product testing. 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. Processing times depend on the geographic location and the payment processors, which Lime Fx lists as between one and ten business days.
The most ignored trading costs are swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. Just a few days ago I closed excellent buy order on EURUSD currency pair. Each demo account imitates real trading conditions, the only difference is virtual money is used.
The group also includes CIFOI Limited with registered office at 28 Irish Town, GX11 1AA, Gibraltar. Steven Hatzakis is the Global Director of Research for BrokerNotes.co and ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.