Overall, Lime Fx offers a competitive fee structure, as well as transparency, and flexibility. Traders can benefit from cost-effective trading while knowing what to expect in terms of fees and charges. The broker’s fees for futures trading remain competitive, allowing traders to engage in this asset class efficiently. Lime Fx requires a minimum deposit, providing accessibility for traders at different levels.
Plenty of traders will also be pleased that Lime Fx will waive monthly VPS fees if the given user meets the eligibility requirements. What might catch even some experienced traders off-guard, however, is Lime Fx’ platform fee. This type of cost is not common, but as mentioned previously, it affects only one of Lime Fx’ platforms.
Best Known for Advanced Trading Tools
Simultaneously, its extensive range of instruments, low spreads, and advanced trading tools cater to professional traders. However, it’s important to note that Lime Fx does not currently accept traders from the United States. This diverse account offering ensures inclusivity and flexibility for traders of varying experience levels and preferences. One of Lime Fx’ distinguishing features is its competitive pricing and deep liquidity, providing traders with tight spreads and fast execution speeds. Lime Fx emphasizes trader education by offering free webinars, trading guides, and daily market analysis to help users make informed decisions.
These educational resources are accessible through the Lime Fx website. Lime Fx also offers an Islamic account, which doesn’t involve any swaps or interest on overnight positions to stay in line with Islamic principles. Rather, you’ll be charged a fee on positions, which is deducted from your account balance. Meanwhile, the low trust score on ForexPeaceArmy (2.9/5) and Reviews.io (2.8) websites might raise some concerns about the quality of services on the platform. The broker’s commitment to customer satisfaction is evident in its responsive and knowledgeable support team. With over 10,000 tradable instruments, Lime Fx provides ample opportunities for diversification and market exploration.
Withdrawal Fees
Lime Fx has received numerous awards over several years, highlighting its strong position in the forex and CFD brokerage industry. Lime Fx does not accept clients from the United States of America due to strict regulatory rules imposed by the Commodity Futures Trading Commission (CFTC ) and National Futures Association (NFA). Lime Fx are regulated by tier 1 authorities including ASIC (286354) and CySEC (371/18).
Forex traders have access to everything from major pairs like EUR/USD to exotic pairs like USD/ZMW (Zambian Kwacha). MetaTrader is also popular due to its automated trading features, allowing users to develop, test, and apply Expert Advisors (EAs). While being the most feature-rich and popular trading platform, MetaTrader 4 does not have a slick interface and requires some time and effort to learn. Lime Fx offers competitive spreads, particularly in indices and crypto.
- Opening an account in the UK places traders under the jurisdiction of the FSA (St. Vincent and the Grenadines), allowing UK traders to take advantage of the maximum leverage available.
- The app is also useful for on-the-go trading and is available on both iOS and Android.
- We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points.
- Also, I signed up via email for educational ebooks but never received them.
Does Lime Fx offer a raw spreads account?
Furthermore, the broker’s commitment to regulatory compliance adds an extra layer of security for clients, assuring them of a safe trading environment. For share CFD traders in Australia, Lime Fx provides Iress ViewPoint accounts, which include Standard (AUD 1,000 minimum deposit), Platinum (AUD 25,000), and Premier (AUD 50,000). There’s also an Iress Investor account, a low-cost option with limited features and no streaming data.
Regulation tiers
From MT4, you can automatically copy trades of MetaTrader signal providers. Myfxbook AutoTrade allows you to copy a wider selection of systems directly into your MT4 account. Lime Fx offer a number of platforms including MetaTrader 4 and 5, TradingView, cTrader and WebTrader which are all known for their reliability and advanced trading features. Withdrawals are processed immediately, but the time it takes for funds to reach the trader’s account depends on the bank or payment provider. Processing is typically completed within one business day, but the actual transfer times vary by method.
This ensures that we accurately convey facts and events so that investors and traders can read our content with confidence and make informed choices. FP https://limefx.vip/ Markets occasionally offers bonuses and promotions to new and existing clients. This broker currently offers an exciting referral program for existing traders.
The professional-grade Iress and Mottai platforms are available for clients of the Australian entity. Lime Fx offers solid educational resources, demo accounts, and a range of platforms, including the intuitive web-based TradingView. Beginners can also get actionable trade ideas from the Traders Hub research section and signals from Autochartist. With 24/7 multilingual customer support and quick account setup processes, Lime Fx delivers a reliable and user-friendly experience.
Providing a Secure Trading Environment
The minimum deposit requirement for both Standard and Raw accounts with Lime Fx is 50 USD/EUR/GBP in Europe and 100 AUD or its equivalent for Australia and international clients. Still, Lime Fx secured the 10th spot among 20 brokers, confirming it as a broker with effective execution speeds. Our ranking process includes detailed testing of execution speeds in different trading situations to guarantee the precision and dependability of our results. If you live in Australia, you also have the option of opening an IRESS trading account. While designed for stocks, other selected CFD products are also available on the platform.
- This ensures that we accurately convey facts and events so that investors and traders can read our content with confidence and make informed choices.
- Of course, you may experience slight delays during peak times, but this isn’t a regular issue.
- If you live in Australia, you also have the option of opening an IRESS trading account.
- The offering is especially strong in the areas of fx pairs and commodities.
- The support team was knowledgeable, promptly addressed our questions, and provided links to relevant resources when needed.
Lime Fx delivers one of the most comprehensive selections of trading platforms and tools in the industry, ensuring traders have everything they need for successful trading. This broker offers 2 main account types, Standard and RAW, with floating spreads from 0.0 pips and a minimum deposit of $50. As one of the most popular trading platforms in the world and the only one offered by many forex brokers, I have spent a lot of time testing MT4. The platform’s look and feel are a bit dated, and I feel there is room scammed by limefx for improvement in design and usability. Lime Fx has an advanced platform lineup that caters especially to experienced traders, including MetaTrader 4, MetaTrader 5, TradingView, and cTrader.
The broker supports trading on MetaTrader 4 and 5, cTrader, TradingView, as well as IRESS trading platform for a broader selection of assets, particularly equities. During standard hours from 9 AM to 6 PM EST, traders can access live customer support for prompt assistance. Beyond these standard hours, the broker ensures that support remains available, accommodating its global clientele. Multi-channel support is a highlight, offering live chat, email, and phone support, enhancing accessibility and allowing traders to choose their preferred communication method.
The retail and professional Iress accounts cater to experienced traders with a professional-grade platform, DMA access, and a wider range of CFDs on shares available. Standard and Raw MT4/MT5 accounts cater to beginners and advanced traders with low trading costs, a wide range of base currencies, and demo accounts. MT4/MT5 users can choose between the spread-based Standard account and the commission-based Raw account.