It also maintains a blog where it publishes market-related content, but the Forex News section does show wide gaps between its posts. With such a useful market analysis, we would love to see the section expanded to other pairs. Lime Fx strives to provide new and existing real clients various promotional offerings. Everything is created with the client in mind, helping to enhance their trading experience. Lime Fx places a strong emphasis on technological advancements to provide traders with efficient and speedy trade executions.
User Reviews
It is unique as traders get a commission-free limefx official site cost structure with raw spreads, an unusual offer, presenting Forex traders with a notable edge. Security is a paramount concern for traders, and Lime Fx addresses this with a commitment to maintaining a secure trading environment. The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC), adding an extra layer of credibility and assurance for traders.
Is Lime Fx a good broker?
Each account type comes with its unique features, allowing traders to choose the one that aligns with their trading preferences and strategies. The ECN accounts, in particular, provide direct access to liquidity providers, ensuring competitive spreads and minimal slippage. While many forex traders are familiar with the MetaTrader 4 software, which allows for expert advisors that can automate your trades, no other trading platform is offered. If you have a broad range of assets that you trade, such as international stocks, bonds or other equities, you might want to consider an international broker that provides these services. Clients have access to the full suite of the out-of-the-box MT4 trading platform.
The broker supports the popular MetaTrader 4 trading platform with multiple terminal capabilities and a multi-account manager. You can also access the Lime Fx MT4 platforms on Android and iOS smartphones and tablets. Lime Fx employs an electronic communications network/straight-through processing (ECN/STP) model, so you get tight forex dealing spreads from top Interbank liquidity providers. In the vast landscape of forex brokers, Lime Fx has established itself as a prominent player, known for its commitment to transparency, advanced technology, and a client-centric approach. Forex Broker Guru is a dedicated website that offers in-depth and detailed reviews of various brokers in the forex market.
- Eleven eBooks complete the education at Lime Fx, and the overall product remains impressive.
- Traders can access the processing times and minimum/maximum deposits by clicking on the + next to each option.
- Keep reading our Lime Fx review to find out if this broker would be appropriate for your needs.
- Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.
It accepts all trading styles and Expert Advisors on the MetaTrader 4 platform. Depending on the scope of your trading and the assets you plan on trading, Lime Fx might not meet your needs. This is especially true if you plan on trading physical cryptocurrencies or any of the commodities traded through CFDs. Start trading with No commissions, No swaps, and tight interbank spreads starting from as low as zero. There’s no minimum deposit, and Lime Fx accepts a wide range of payment methods. These include bank transfers, credit cards (Visa and Mastercard), electronic wallets, and cryptocurrency.
Start Trading with Lime Fx & make the most of it
The broker utilizes cutting-edge infrastructure to minimize latency, ensuring that trades are executed promptly at the desired prices. Lime Fx places its clients’ funds in segregated accounts with several international banks, separate from its own accounts. Traded here for a while initially on demo, then traded couple of months on a live account. Everything was okay, yeah sometimes I made fatal mistakes, but as I learned, traders should never give up, so do I.
Ready to assist you in every step of your trading experience, 24h multilingual customer support with Dedicated Account Managers. With Lime Fx, you can open a trading account denominated in US limefx scam dollars, euros or British pounds. If you fund your account in a different currency, Lime Fx will use Hellenic Bank’s exchange rates, published here.
Brokers Similar to Lime Fx
Furthermore, all client funds are held in accounts with major international banks and kept segregated from Lime Fx corporate accounts. Lime Fx supports the MT4 mobile trading platform that provides excellent trading features you can also enjoy when using the MT4 desktop platform. Not only can you select from a wide range of charting tools and technical indicators with this app, but you also get real time market pricing. Apps for both iOS and Android mobile devices are available.
The Cyprus Investor Compensation Fund (ICF) protects retail trades in the event of insolvency up to €20,000. Client deposits remain segregated from corporate funds at both entities with leading international banks, but Lime Fx does not list them. Clients can find the provision in the Investment Services General Conditions PDF. Lime Fx has a clean regulatory track record and established itself as a secure and trustworthy broker. Lime Fx uses state-of-the-art Secure Sockets Layer (SSL) network security protocol to keep client private information safe.
Prior to his role at Benzinga, Luke has held positions that have honed his skills in leadership and strategic decision-making. Maybe one of the reliable brokers I’ve worked with, and I’ve worked with a bunch of them already. It’s good to know that your funds are safe and sound while you trade. Because I get enough stress at trading, so I don’t need it outside of it. I like how their customer support service handled my issue.
Opening an Account
The above live prices are provided solely for informational purposes, not for trading purposes, and may be delayed. See how Lime Fx compares against each of the following brokers. Lime Fx deposits are free, easy, and instant (if you pay by card or crypto). You could also receive a 100% bonus on your first deposit, up to US$2,000. I’ve been trading with Lime Fx for several months straight, and I can claim that conditions here are pretty remarkable.
In conclusion, Lime Fx stands out in the competitive forex brokerage landscape by offering a reliable and transparent trading environment. The broker’s commitment to technological excellence, diverse account options, and client-focused services make it a compelling choice for traders seeking precision in their forex endeavors. You can even get a VPS service for free to keep your automatic trading bots running smoothly if your own Internet is spotty. Lime Fx provides trading in over 70 major, minor and exotic currency pairs, with especially tight forex dealing spreads. Spot gold contracts for difference (CFD) can be traded against the U.S. dollar and the EU euro, while spot silver, palladium and platinum contracts can only be traded against the U.S. dollar. You can also trade Spot US Crude Oil (WTI) and Spot UK Brent Oil (BRENT) contracts.