Lime Fx Review 2024 Key Features, Pros, and Cons

Among the drawbacks I found were the lack of an alternative to the MetaTrader 4 platform and elevated spreads on certain popular instruments, such as EUR/USD and GBP/JPY. I asked a series of questions with varying degrees of difficulty and determined that the agent’s answers were swift and comprehensive. He was also polite and patient, taking his time to provide satisfactory answers to my questions. Overall, I assessed that Lime Fx’s customer support is of very high quality. Contracts for Difference (CFDs) are financial derivative instruments that allow traders to speculate on the price movements of an asset without owning the asset itself. Lime Fx provides free Virtual Private Server (VPS) hosting to high-volume traders interested in achieving lightning-fast order execution speeds and stable internet connectivity.

Lime Fx offers a comprehensive suite of trading platforms suited to different trader needs, from beginners to professionals. The MT4 platform remains a dominant choice for its functionality and reliability, while the additional options like MT4 Webtrader, VPS hosting, and PMAM provide further versatility. Lime Fx offers a range of exciting bonus offers and promotions designed to enhance your trading experience and increase your potential for success.

The responses arrive in a prompt and efficient manner from my experience. There is an excellent selection of forex currency pairs (major, minor and exotics) to trade, 24 hours a day, 5 days a week. You can choose your own leverage and have unlimited access to some of the largest liquidity providers through Lime Fx. Lime Fx does not offer trading services to residents of certain jurisdictions including USA, Cuba, Sudan, Syria and North Korea.

“Actually really nice”

• Traders can choose between floating/fixed spread Standard, Premium, and VIP accounts.
• While Lime Fx strives to provide robust protection, clients need to remain vigilant and follow specific security practices to avoid phishing, fraud, and other online threats.
• These tend to have higher marked up spreads but you do not pay a commission on trades.
• Trading indices allows traders to speculate on the performance of entire sectors or national economies rather than individual stocks.
• Processing times depend on the geographic location and the payment processors, which Lime Fx lists as between one and ten business days.

Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14. Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team. One thing in particular I like that sets Lime Fx apart from many other trading brokers is their admirable support for a wide range of philanthropic and charitable activities. Going beyond daily operations, they engage with local communities, assisting in medical research and education.

Lime Fx Erfahrungen: Spreads

This system ensures that both your initial deposit and any profits you make are transferred securely, though you should be aware of the withdrawal process timeframes. The minimum deposit for opening a trading account with Lime Fx varies depending on the account type. Specific amounts are not disclosed in the provided information, but account types like Standard may have lower deposit requirements compared to Premium or VIP accounts.

• Lime Fx also offers the Cent account with which clients can start with fewer funds and smaller lot sizes.
• Lime Fx’s TradeCopier connects signal providers and signal followers and is available from the client portal.
• With tight spreads, fast execution, and expert market research, traders can maximize their potential.
• Had a minor issue with my first withdrawal, but support sorted it quickly.

How do Lime Fx’s spreads compare across different account types?

Welcome bonuses are available at Lime Fx when you register for a new account. However, they do change over time and vary between countries, so check the current offers available when you sign up. Finally, check any minimum deposit bonus terms and conditions when you register for an account as they are subject to change. Withdrawal times vary depending on the banking provider but range from the same day to 10 days. Also, the broker charges a sizeable 3% of deposited funds when withdrawals are requested during periods of inactivity.

The Trustpilot Experience

He has many years of experience in the financial sector and honestly admits that he is in love with his job. Lime Fx does not accept as clients residents of the USA, Cuba, Sudan, Syria, North Korea, or any jurisdiction where trading is prohibited by law. Lime Fx is a market maker in which the broker serves as a principal to client orders. The MetaTrader app stands out for its convenience, making it an essential tool for adjusting trades, especially during periods of heightened volatility.

How do I withdraw money from Lime Fx?

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. If you were still deciding to join, Lime Fx has different accounts, you can choose between the live or STP/ECN depending on your needs and preference. I have spreads as low as 1.4 depending on the asset I decide to trade with.

They provide fast trade execution speeds with no requotes and spread starting from just 0.0 pips. Clients are supported in over 30 languages, 24/5, and can access their personal trading account from MT4 on desktop or trade on the go. In addition, the broker offers daily, updated educational and market news delivered by a multi-lingual professional research team.

This shows strong business ethics and a responsible corporate attitude by supporting community development. Have been with it for few years, and sure it lacks some features, but in that same time all the ‘hype’ brokers disappeared. The minimum deposit at Lime Fx is $50 for most accounts, except for the Zero limefx website Spread option, which requires $500.

Lime Fx offers a mobile app you can download for free from the App Store or Google Play. The app allows traders to access their accounts, view real-time market quotes, execute trades, and manage their positions while on the move. For those looking to test trading strategies, Lime Fx also offers Cent accounts.

The list of Forex, spot, and CFD trading instruments is well-constructed but some rivals offer more comprehensive listings. Clients can now trade cryptocurrencies directly on the Metatrader platform. Pricing for Forex, spot, and CFD instruments is average-to-competitive, with significantly lower costs at higher account tiers. There’s no bond CFD coverage but spot, metals, and index products cover the most popular instruments worldwide. And Ireland clients can also place spread bets, although the costs are not fully disclosed. Lime Fx offers commission-free trading and floating spreads from 0.9 pips on its No Commission account.

How does Lime Fx ensure the safety of my account and data?

The PMAM platform is designed for professional traders and portfolio managers. It allows for seamless management of multiple accounts, with tools like one-click order entry, live monitoring of forex rates, and transparent activity reports. Lime Fx stands out not only for its wide range of instruments and user-friendly platforms but also for its commitment to innovation and client satisfaction. The availability of market rebates through Introducing Brokers and its global reach make it an attractive option for traders from all walks of life.

Lime Fx might ask for additional information on a case-by-case basis. I want to caution beginner traders when using demo trading as a simulation tool, and they should consider the limitations. Demo trading does not grant exposure to trading https://limefx.vip/ psychology and can create unrealistic trading expectations. 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.

The spreads can widen considerably in fast or highly volatile markets. 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. You can buy and sell CFDs on spot commodities with best-of-market spreads and spot execution without having additional foreign exchange exposure. There are all of the major agriculture and energy commodities that you would expect to find with a top broker like Lime Fx. The platform is so easy to operate which is something I do not trade for anything and also it’s a good broker with great customer service.

The additional bonus funds can be used to trade forex, commodities, indices, and other instruments, giving traders more flexibility and leverage in the markets. Terms and conditions apply, and traders should review the bonus rules to understand any withdrawal requirements. Lime Fx offers a comprehensive range of trading services, featuring multiple account types, low spreads, and an impressive variety of instruments.

I’ve tested many platforms, and this one is the most stable I’ve used. Execution speed is excellent, spreads are predictable, and my withdrawal request was handled without any complications. The platform could use more features for advanced traders, but for day-to-day trading, it does the job. Lime Fx offers a loyalty program for active traders, where clients can earn points based on their trading volume.