November 16, 2021 By admin 0

Lime Fx Review 2025: Read Before You Trade

It also offers a variety of trading accounts, most of which have no minimum deposit requirement, and provides excellent conditions for copy trading. Lime Fx enables commission-free trading; however, I found that spreads on some popular instruments exceed the industry average. If you prefer a fixed spread for your trading strategy then you could consider a no commission account. These tend to have higher marked up spreads but you do not pay a commission on trades. It is actually quite rare to find a broker that has fixed spread account which is often a choice for traders who are running scalping strategies that need consistent spreads at all times.

I would personally have no issue in trusting them with my funds and can therefore trade without worrying. Lime Fx’s glossary of trading terms is an essential resource for new traders who need to familiarize themselves with industry jargon. The glossary provides clear definitions of common trading terms, ensuring that traders have a strong grasp of the language used in the financial markets.

Lime Fx offers a loyalty program for active traders, where clients can earn points based on their trading volume. These points can be redeemed for various rewards, such as cashback, trading bonuses, or exclusive gifts. The loyalty program is designed to reward consistent and high-volume traders, providing an additional incentive to remain active in the markets. Lime Fx provides the industry-leading MetaTrader 4 (MT4) platform, favored for its advanced algorithmic trading capabilities and user-friendly interface. While MT4 remains the core offering, Lime Fx has announced that MetaTrader 5 (MT5) will be available soon, further expanding trading options for its clients. Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today.

The broker provides you with top class global customer support in over 30 different languages. Friendly representatives are hand to answer all of your questions 24 hours a day, 5 days a week via phone, email, and online chat. 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.

This information helps traders stay ahead of the curve and make well-informed trading decisions. It introduces traders to the broker’s services and allows them to tweak their strategies in a risk-free environment. The market is continually evolving and never static, so it is important to hone your skills in a safe environment. You can set up a demo account for yourself prior to or alongside your live CFD account.

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  • Traders can use this tool to plan their trades and anticipate potential market movements based on upcoming news.
  • It introduces traders to the broker’s services and allows them to tweak their strategies in a risk-free environment.
  • In our Trust category assessments, we evaluate factors tied to stability and transparency, including the broker’s operating history, company size, and information transparency.
  • Lime Fx offers about 310 tradable instruments across currency pairs, commodities, share CFDs, indices, and futures contracts.
  • It offers a range of safety features, including negative balance protection to shield traders from losses exceeding their deposits.

You can trade spot metals with no currency exposure, some of the most competitive spreads and industry leading trading conditions. Lime Fx offers access to trade a decent amount of around 300 trading instruments across multiple markets including Forex, Commodities, Futures, Stocks, Shares, Indices, Metals, Energies & CFDs. Spreads start from just 0 pips whilst all trading instruments can be conveniently accessed using one account across all trading platforms. They provide fast trade execution speeds with no requotes and spread starting from just 0.0 pips. Lime Fx offers comprehensive customer support services available 24/5 in a wide range of languages, including Arabic, Chinese, English, French, German, Spanish, Russian, Persian, and many more.

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In our reviews, we examine the licenses and regulations of each entity operated by a broker, allowing us to compare their different levels of protection. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation.

Glossary of Trading Terms

This can obscure price action examination and make it harder to perform detailed technical analysis. Lime Fx’s MT4 platform is available on Windows and Mac and supports 39 languages, including English, French, Spanish, German, Arabic, Chinese, and more. The table demonstrates how much you would have to pay to trade 1 full lot (100,000 units) in EUR/USD with a pip value of $10 for each account.

Lime Fx Trading Fees

There are plenty of account types and payment options to suit all types of traders whilst each client is treated equally. Furthermore, the charitable work they do is very commendable and good for the community. The broker offers industry leading products and services that I think can be a great option for retail and institutional clients alike.

  • If that was the case, I wouldn’t want to be waiting around for days whilst a bank transfer clears.
  • Traders can choose between Live and STP/ECN accounts, both providing access to the industry-leading MetaTrader 4 (MT4) platform.
  • My test indicated that the spreads on this account are broadly average to high compared to the industry benchmark.
  • Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight.
  • For visual learners, Lime Fx offers a library of video tutorials that explain key trading concepts in a simple and engaging manner.

Account Types

I assessed that Lime Fx’s swaps were average to high compared to the industry benchmark. I opened a No Commission account with the Notesco Int Limited entity and performed my tests on limefx broker reviews the desktop and mobile app versions of the MetaTrader 4 platform. In conclusion, I rate Lime Fx to be a reliable broker that caters well to day traders and algorithmic traders. 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. As shown above, a common issue with MetaTrader is that charts can quickly become cluttered, even with just two indicators.

If your country is not accepted, please feel free to take a look at our broker comparison tool for alternative options. Client security is a key aspect of the groups philosophy with client funds being held in segregated accounts in accordance with strict policies and procedures, separate from their own funds. Each clients account is provided with a unique code which is used to ensure that the funds are only for the funding purposes. 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.

Trading Contests and Competitions

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades. According to its LinkedIn page, Lime Fx has been in operation for 15 years and employs over 600 people—both indicators of its stability. After reviewing the broker’s legal documents, I found everything to be in order. The Client Agreement is easily accessible on the website, with all relevant information presented clearly and in an easy-to-understand format.

Additionally, the platform employs SSL encryption to secure all transactions and customer data, further enhancing the overall security of trading with Lime Fx. Lime Fx is a global online trading platform, offering services in forex, spot, and CFD trading. I am really impressed with the variety of accounts and think it is very advantageous how you can choose depending on what matters the most to you, whether that be low spreads or no commission fee. I would personally be looking at the zero spread account as I use trading strategies that rely on low spreads at all times. I don’t mind paying the small commission fee as the broker needs to cover costs somehow.

In my opinion, MT4 is best suited for automated trading via Expert Advisors (EAs). The platform also has an intuitive strategy tester, allowing experienced algo traders to tweak the parameters of their strategies so that they can be used under different market conditions. I discovered that its EURUSD spread on the No Commission account exceeds the industry average considerably.

For traders looking to enter the rapidly growing world of digital currencies, Lime Fx provides access to popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Ripple. Trading cryptocurrency CFDs allows traders to speculate on price movements without owning the actual coins. With the high volatility of the crypto market, Lime Fx offers advanced risk management tools to help traders manage their exposure. The broker also provides educational resources to guide traders in navigating the complexities of cryptocurrency trading. Lime Fx is a globally recognised award-winning CFD broker offering a great range of trading products and services to retail traders and institutional investors.

Lime Fx provides a rich collection of educational articles that delve into various aspects of trading. These articles cover topics such as market analysis, trading strategies, risk management, and economic indicators. They are well-researched and written in an easy-to-understand format, making complex trading concepts accessible to traders of all skill levels. The articles are regularly updated to reflect current market conditions and trends. With over a decade https://limefx.group/ of industry experience and more than 1.5 million clients globally, Lime Fx is a well-established broker. It offers a range of safety features, including negative balance protection to shield traders from losses exceeding their deposits.