Lime Fx allows traders to trade over 100 financial instruments including Forex, Minors, Majors, Exotics, Indices, Energies, Metals, Bonds. Lime Fx does change an inactivity fee for dormant non trading accounts.Lime Fx does not change an withdrawal fees from verified Lime Fx accounts.There are no Lime Fx deposit fees charged by Lime Fx. It offers competitive trading fees, a wide range of financial instruments, multiple trading platforms, fast execution speeds, and high-quality educational resources. 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.

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Lime Fx also offers educational resources to help traders learn and succeed. Their services include support for retail brokers and hedge funds, and they have customer support available five days a week. Lime Fx broker providing online trading services for forex, CFDs, and other financial instruments. In this article, we will explore the features, trading platforms, products, fees, account types and more. Lime Fx maintains a commission-free cost structure with a reasonable Forex fee starting from 0.8 pips or $8.00 per 1.0 standard round lot.

The result is that Lime Fx is now a great option for traders seeking tight spreads in a commission-free trading account. As well as priority support, market depth is stronger with multiple levels of liquidity at each price, offering useful information for high-frequency traders. Founded in 2014 and acquired in 2021, BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs.

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Most deposit methods take up to 1 business day to complete however bank wire can take 1-5 working days. Lime Fx can be compensated in several ways, which includes but are not limited to adding a mark-up to the spreads it receives from its liquidity providers, adding a mark-up to rollover, etc. The Active Trader account uses a tiered commission structure which means the more you trade, the lower your commission cost will be. By following these steps, you’ll be well on your way to mastering Lime Fx’s trading fees and improving your trading abilities.

  • The Lime Fx Standard Account has a minimum requirement of $50 (depending on payment method) when making an account deposit.
  • It is important to check with your Lime Fx bin order to determine the Lime Fx commission charges that will apply to your Lime Fx investment before you make it.
  • You can also start with smaller bet sizes, from as little as 7p per point.

This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters. These regulations provide certain protections for traders, including negative balance protection and segregated accounts, and ensure compliance with industry standards. Lime Fx is well-suited to a diverse range of forex traders thanks to its competitive spreads, flexible accounts and customizable platforms. These include online courses, webinars, video tutorials, trading guides, eBooks, and a forex glossary. They cover various topics such as technical analysis, fundamental analysis, risk management, trading strategies, and more.

Lime Fx Deposit and Withdrawal

Combined with VIP discounts for active traders, Lime Fx proves to be a cost-effective option. limefx scam If you are unable to effectively take advantage of these active trader discounts, however, you’ll find pricing to be overall higher than average. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. It is available under CySEC, FCA, ASIC, and FSCA, providing access to over 100 markets.

What Do the Overnight Fees for Lime Fx Look Like?

One of the key features of Marketplace is the ability to open and manage all your trades directly from the charts. This means you can perform all your trading analysis, opportunity identification and order execution all in one place. This simplified trading process makes the platform a great tool for beginner traders. Use the calculator below to compare Lime Fx’s trading costs with competitors such as Pepperstone, Eightcap and CMC Markets, adjusting for trade size, currency pair, and base currency. Overall, trading with Lime Fx involves fees from $50 USD, spreads from 0.2 pips to 1.3 pips, and commissions depending on the account type selected.

The wide selection of powerful trading platforms is one of the biggest selling points of Lime Fx for me. These include the brand’s proprietary Trading Station as well as the popular MetaTrader 4, TradingView, and Capitalise.ai. Lime Fx trails many brokers when it comes to the breadth of forex pairs, with around 40 assets available. This is significantly less than the 80+ at Forex.com or 300+ at CMC Markets. All websites and web-based platforms are tested using the latest version of the Google Chrome browser.

I was especially happy to see that it is offered without any time limit or other restrictions, meaning that you can continue to use it as a strategy testing tool long after you register with Lime Fx. A news feed below the chart adds fundamental analysis to the mix, making this a great all-in-one platform that beginners should find easy to pick up. The addition of preloaded technical indicators and automated trading strategies means that more experienced traders will also find a lot of value in this platform. We found Lime Fx’s fee structure to be very competitive, especially with an average EUR/USD spread of 0.74, which is below the industry standard of 1.08.

  • Bank wires may face an internal fee of up to 40 currency units of the base account currency, but most payment processors remain free of Lime Fx withdrawal fees.
  • This means you can perform all your trading analysis, opportunity identification and order execution all in one place.
  • Experience a platform trusted by thousands of traders — fast execution, user-friendly tools, and full regulatory backing.
  • The brokerage also cut its trading fees by up to 54% in 2022, bringing it in line with other low-cost forex brokers.

Is Lime Fx A Regulated Forex Broker?

Lime Fx offers 24/5 award-winning customer services with customer support contactable via live chat, email, phone and even SMS text message. If you wish to call Lime Fx, there are 42 country-based numbers one can call from. Lime Fx clients will have access to the client service portal through their live trading account credentials.

There is also a rebate program that allows cash rebates depending on the volume you trade, which is a perk for active traders. They serve as valuable resources for traders looking to make informed trading decisions and, in my opinion, stack up well against the analysis provided by similar brokers. The simulator also offers features like customizable trade sizes, various order types, and real-time charting tools to enhance the trading experience. Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com.

Lime Fx offers a range of secure funding options including Credit/Debit Cards, Bank Wire transfers plus Skrill, and Neteller. A withdrawal request can be submitted online by selecting your withdrawal method and clicking “Submit”. However, success in forex trading depends on various factors such as market conditions, trading strategies, risk management, and individual trading skills. Profitability ultimately depends on the trader’s abilities and the wider market environment. Newer traders can https://limefx.name/ access a wealth of educational resources, an unlimited demo account and reliable customer support, while algorithmic traders can take advantage of Lime Fx’s automated trading software.

Traders who register with the FSCA branch will be able to access higher leverage, though the regulatory oversight is not quite as strong. Lime Fx offers customer support over live chat and email, the agents are quick to respond and knowledgeable. There’s also a phone support service which is available in 42 countries.

On Lime Fx, the ask rate is used whenever a position is long (BUY), but the bid rate is used whenever a Lime Fx position is short (SELL). The terms “ask” and “bid” correspond to the Lime Fx financial transactions known as “buy” and “sell,” respectively. When buying or selling Forex, Minors, Majors, Exotics, Indices, Energies, Metals, Bonds, on Lime Fx levies straightforward, and completely transparent fees listed on the Lime Fx website.

Overall, I find their educational tools to be very useful, and I appreciate the chance to access them with a few clicks on the broker’s website. These insights and summaries can be accessed through the Lime Fx website, trading platforms, or through specialized research tools provided by Lime Fx. Lime Fx offers leveraged trading on CFDs and forex, allowing traders to take advantage of small market movements.