Lime Fx has a rating of 4.3 stars from 106 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with Lime Fx most frequently mention and account types. Keep in mind that the dealing spreads above refer to normal market conditions.

Lime Fx commissions and fees summary

I think they can be a good choice for beginners as there are plenty of educational resources and free demo accounts so that you can practice trading online. The minimum deposit required to open an account is only $100 which is great when you consider the industry leading trading platforms and conditions they offer. The broker’s advanced trading platforms, competitive spreads, and risk management tools ensure that traders can trade efficiently and confidently across multiple asset classes. Founded in 2010, Lime Fx has grown into a leading Forex and CFD broker, serving over 1.5 million clients from 180 countries.

How do I withdraw money from Lime Fx?

• They take a customer focused approach and are committed to providing the highest standard of services with full transparency to clients.
• Standard account turned out to be my way of interacting with their platform, mt4.
• Lime Fx offers 310 tradable instruments at varying costs and integrates the popular MetaTrader 4 platform, which can be enhanced with an add-on for advanced charting.
• Although Lime Fx offers 26 futures contracts, there are no vanilla options, ETFs, or bonds that most swing traders use.

The company continuously invests in security and product innovation to ensure a safe and professional trading experience for all clients. It takes just $100 to open a Micro account, increasing to $2,500 for a Premium account and $20,000 for a VIP account. Well-documented account subheadings outline fee schedules and side-by-side comparisons for floating vs. fixed, commission vs. no commission, and dealing desk vs. direct interbank trading.

Lime Fx opened for business in Cyprus in 2010 and has now expanded into more than 180 countries. In addition to EU regulation through the Cyprus Securities and Exchange Commission (CySEC), they are licensed as a https://limefx.group/ registered investment firm in the United Kingdom, Australia, and South Africa. Lime Fx has closed down operations in China, Russia, and Nigeria in recent years, focusing client development in more traditional venues.

At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. Lime Fx offers a diverse range of trading account types to cater to different levels of traders and their specific trading needs. These accounts come with varying features, such as different spreads, lot sizes, and the option for commission-based trading. Traders can choose between Live and STP/ECN accounts, each designed to suit various trading styles, whether you are a beginner, an intermediate trader, or an experienced professional.

Traders can download these resources and refer to them at their convenience, building a strong foundation in trading knowledge at their own pace. Lime Fx hosts regular trading webinars conducted by experienced market analysts and trading professionals. These webinars cover a wide range of topics, including technical and fundamental analysis, trading psychology, and market trends. Participants can ask questions in real-time and gain practical insights into improving their trading performance. Webinars are suitable for traders at all levels, from novices to seasoned professionals. Lime Fx provides a wide range of deposit and withdrawal methods, including bank wires, credit/debit cards, e-wallets, and local payment solutions.

These tools can be used to assist with finding potential trading opportunities, analysing the markets, risk management and more. I was especially impressed with the market analysis and research tools. If you want to run your platforms 24/7, the Lime Fx VPS is another fantastic tool they provide.

An industry veteran, Joey obtains and verifies data, conducts research, and analyzes limefx scam and validates our content. Steven Hatzakis is the Global Director of Online Broker Research for BrokerNotes.co and ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.

Desktop Experience

The platform’s performance can be enhanced with the MT4 Advanced add-on. The broker also provides PMAM accounts for managed trading, TradeCopier service for copy trading, and free VPS hosting for low-latency trading. Tempting trading conditionsHowever, my attention to Lime Fx was captivated by its outstanding reputation with traders.

Each account type has specific features, such as varying spreads, commission structures, and leverage options. Lime Fx serves a significant number of clients across Europe, providing services in countries such as the United Kingdom, Germany, France, Italy, Spain, Greece, Portugal, Sweden, Norway, and more. 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.

• Lime Fx offers a diverse range of trading account types with varying features that cater to different types of traders.
• This bonus is designed to give new clients a strong start in their trading journey by increasing their available capital.
• In addition to an online chat feature, Lime Fx gives clients access to 24/5 client support in 45 different languages.
• Popular choices include gold, silver, crude oil, natural gas, and coffee.
• To withdraw funds via bank wire, simply apply for a withdrawal through your Lime Fx client portal.
• With the high volatility of the crypto market, Lime Fx offers advanced risk management tools to help traders manage their exposure.

The Trustpilot Experience

From forex and metals to indices, commodities, shares, and futures, Lime Fx provides a comprehensive platform for trading a wide range of CFDs. With tight spreads, fast execution, and expert market research, traders can maximize their potential. Whether you’re trading forex, precious metals, or the stock market, Lime Fx offers competitive conditions and tools to help traders succeed. Lime Fx offers a variety of account types to cater to different trading needs, from beginners to experienced traders. With flexible leverage options and competitive spreads, traders can select the account that best suits their trading style. While most accounts come with no commission fees, the Live Zero Fixed Spread account offers zero fixed spreads but does charge commission.

They operate a counterparty dealing desk, raising conflict of interest issues, but offer direct interbank trading access in some account types. They provide no guaranteed stop-losses but negative balance protection is now mandated under ESMA rules. Secondary security features are unimpressive, with standard encryption at the website and no two-tier platform authentication beyond Metatrader’s one-time passwords (OTP). Lime Fx provides a variety of accessible and diverse trading accounts, giving clients the flexibility to choose between fixed spreads and floating spreads.

If your country is not accepted, please feel free to take a look at our broker comparison tool for alternative options. I can’ say that I used this broker’s service for real to know the difference. Anyway, I think with the variety that offer in many trading aspects, it makes them a good choice for any trader.

Are there commission fees on Lime Fx accounts?

I am doing eur/usd and gold, so far, this easy combination has been doing great for me. Say what you will but MetaTrader4 still perfectly tackles all sorts of modern challenges and I think putting stakes at this platform was a right step made by the broker. It’s quite strange that I have never heard anything about the Lime Fx broker before, despite the fact that I’ve been trading for over 4 years in this industry. Moreover, there are narrow spreads on the forex market and even when there is immense volatility, spreads always remain narrow. Traders can earn extra rewards through the Lime Fx Refer-a-Friend program.

Once your account is funded, you can begin trading across the various markets offered by Lime Fx. Afterward, you’ll gain access to the dedicated IB portal where you can track your referrals, commissions, and earnings in real-time. While bonuses offer additional leverage, it’s important to note that these bonuses cannot be withdrawn and come with certain terms and conditions.