The first, and best place for most traders to get started is an Lime Fx demo account. Here you can learn the ropes, ideal for a beginner, with no obligation to enter live trading. With Lime Fx another of the measures in place to keep you safe as a trader is negative balance protection.
Tailored for All Traders
Lime Fx, a leading https://limefx.vip/ trading broker, prides itself on offering a fee-free experience for its clients. According to Lime Fx, they never charge commissions, ensuring a transparent and cost-effective trading environment. This makes it an attractive choice for traders looking to maximize their profits without worrying about hidden fees. Lime Fx, a renowned broker in the industry, offers competitive trading conditions with its low spreads and minimal commission structures. Established in 2011, Lime Fx has built a strong reputation in the global financial markets.
By offering a range of payment methods with swift processing times and zero fees, Lime Fx ensures that managing your trading funds is both efficient and economical. Lime Fx does not charge any fees for withdrawals and also covers any fees imposed by payment systems, allowing traders to withdraw funds without incurring additional costs. Both platforms are available on desktop, web, and mobile devices, ensuring seamless trading across various operating systems. They also offer real-time market updates, one-click trading, and multiple order execution options to enhance trading efficiency. With versatile accounts and a hassle-free setup process, Lime Fx offers an inclusive trading environment suitable for traders worldwide. Lime Fx is committed to providing a secure and transparent trading environment for its clients.
Most payment processors have instant to near-instant processing times for deposits and one to three hours for withdrawals. Lime FxTrader offers a selection of 80 trading instruments, including currencies, metals, energies, indices, and cryptocurrencies. No overnight charges and no commissions are charged when using this trading platform. Lime Fx presents traders with a competitively priced, commission-free pricing environment. The EUR/USD starts as low as 0.6 pips or $6 per 1 standard lot, with an average cost of 0.7 pips. It is the same as commission-based brokers offering raw spreads of 0 pips for a commission of $6.
Lime Fx Additional Fees
- Copy trading is also available, allowing clients to automatically replicate the trades of other selected traders.
- Whether you are an experienced trader or a beginner, Lime Fx has what you need.
- Their AvaTradeGO app allows you to do social trading by following the best traders worldwide.
- The spread for all available currency pairs offered by Lime Fx – including major, minor and exotic pairs are listed in the table below.
- Lime Fx displays a recommended amount to allocate to each Master Trader.
This places Lime Fx as an interesting platform for established investors looking for diversification. MetaTrader 5 is indeed a high-capacity trading terminal that comes bundled with many advanced functions. Even though more and more users are shifting towards MT5, it still does not have the same reach as the earlier MT4 version. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004.
Exploring a Versatile Trading Platform
Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications. Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria. With more than a decade of experience and 6.6 million trading accounts from over 100 countries, traders should be able to have trust in Lime Fx.
Fits your trading style
Yet, if you still prefer to use high leverage, the international entity of Lime Fx Leverage still allows so. Since the regulation demands strict follow of Forex business operations management, it is considered safe to open an account either with Cyprus, South Africa or an international Lime Fx entity. Lime Fx offers attractive pricing, with clear and understandable fees.
Is it allowed for Muslims to trade with Lime Fx?
Among the financial service providers, there are fraudsters that we promptly report. Feedback and rankings from authoritative sites like “Trustpilot” on the TradingFinder website assist all traders. Lime Fx offers bank wires, credit/debit cards, and several cryptocurrencies as withdrawal methods. It processes requests between one hour and three hours, making it one of the best in this category. The minimum deposit at Lime Fx is $25, higher than many brokers but within limefx courses scam a reasonable range.
I like that Lime Fx offers several cryptocurrencies, but I am missing more third-party payment processors and localized options, especially for its core markets. The Lime Fx mobile app can be downloaded and quickly recognizes and retrieves data after entering the username, requiring no further action. From the Lime Fx app, users can open positions in the Lime Fx account as well as in MT4 and MT5, which can also be done using those specific applications. This means the app provides complete control over all open accounts and displays the full trading history. It features attractive charts for all three account types, allowing trading and modifications.
The trading interface of Lime FxTrader is quite unique, it presents users with extended functionality. It combines market data with charting, so customers can see live prices of instruments even as they perform live analysis. However, on a review that an account has been inactive for long it gets deactivated.
- The economic calendar, pip calculator, and other tools are integrated within the app, while the web version contains links directing users to external pages.
- The demo account helps them boost their trading confidence before going live.
- It’s important to note that minimum deposits and trading costs will also depend on which Lime Fx entity you choose for establishing your trading account.
- Its compliance with international standards demonstrates its commitment to maintaining financial integrity and customer trust.
This broker does not charge its traders with any commission outside of trading for depositing and withdrawing funds. Also, there are no swaps on the MT5 and Lime Fxtrader platforms from the broker. Furthermore, the spreads starts from 0.6 pips on different accounts; However, it depends on the instrument or the trading pair. The MT5 account, also called innovative account, is an account type for clients with trading expertise.
Lime Fx provides well in terms of language choice to traders, though there is a clear focus on the Asian market when it comes to available languages. Both social and copy trading is well provided for at Lime Fx through their own proprietary copy trading service. The only real difference here being that as a master you can earn commission.
I was surprised at how fast the responses were, and the agents went the extra mile to provide the information I sought. Lime Fx offers the MetaTrader 5 mobile app for mobile trading, which is available for Android and iOS. The app offers popular features such as alerts, 1-click trading, and trading from the chart.
It provides reliable trading services to millions of clients worldwide. It has many users in countries like Indonesia, India, Malaysia, and Pakistan. It offers services to traders around the world, including those in the European Union, Asia, and the Middle East. The Financial Services Authority (FSA) of Saint Vincent and the Grenadines regulates Lime Fx. Additionally, the Cyprus Securities and Exchange Commission (CySEC) regulates Lime Fx.
Offering 10+ market indices, Lime Fx Index trading tries to set up clients for a new experience with an exposure to a broader market. Clients can maximize the opportunity stemming from an availability of popular indices, inclusive of NASDAQ, Nikkei, Euro Stoxx 50 and others. The market news is updated hourly and helps to stay updated on market trends. Lime Fx minimum deposit is $25 allowing you to open an account and start trading. However, the minimum deposit amount may vary depending on your region and the payment method you choose. As for the leverage, a known instrument that increases the initial capital you trading with and can be a very useful tool to magnify potential gains is offered by the Lime Fx broker as well.