Overnight fees, common in the industry, apply to cash instruments held overnight and are reasonable. The broker also waives deposit and withdrawal fees, although bank transfers might incur a small fee. Lime Fx generally does not charge fees for deposits and withdrawals, but additional charges might apply depending on the payment method you use.
- We offer a superior trading environment that puts traders in the best position to profit.
- These include daily market analysis, economic calendars, educational materials, and webinars.
- Lime Fx caters to new traders with features like low minimum deposits (starting at $5 for certain accounts) and demo accounts for risk-free practice.
Deposit and Withdrawal Fees
Lime Fx also provides negative balance protection and segregates client funds for EU and non-EU customers, helping to safeguard your funds from excessive losses and misuse. We’ve been evaluating Lime Fx since 2019 and it’s earned the trust limefx scammers of our experts. Rest assured, your money is kept safe in top-tier banks and protected in segregated accounts completely separated from the company’s operational funds. Use our funds to trade more, reduce your risk, and boost your returns.
Elevate your trading experience with innovative products and cost-effective conditions. We offer a superior trading environment that puts traders in the best position to profit. When holding positions overnight, traders might incur swap rates, also known as overnight fees. These rates can be both positive (credited to your account) or negative (debited from your account) and depend on the interest rate differentials between the currencies being traded. Lime Fx offers a low barrier to entry, enabling traders to commence with a modest initial investment,starting from just $5. With over 1 year of trading here I would say the customer service can do better.
Lime Fx offers MT4 and MT5 mobile trading applications for both Android and iPhone devices, allowing traders to access their trading accounts and trade on the go. The Lime Fx mobile apps are designed to provide a seamless and user-friendly trading experience, empowering traders to stay connected to the markets and manage their trades conveniently from their mobile devices. When it comes to trading platforms, Lime Fx offers the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. These platforms are widely recognized in the industry for their advanced charting capabilities, technical analysis tools, and automated trading features.
The platform supports a wide range of order types, including market orders, pending orders, stop orders, and limit orders. Traders can employ various order types to implement their trading strategies effectively. For day traders seeking even lower spreads, the Lime Fx Zero account provides spreads starting from 0.0 pips with a small commission per trade. By safeguarding client funds and offering negative balance protection in specific jurisdictions, Lime Fx prioritizes a secure trading environment, establishing itself as a trustworthy and reliable choice for traders. Lime Fx offers a range of research tools specifically designed to assist beginner traders in enhancing their trading skills and market understanding. Yet while MetaTrader is a popular platform for forex traders, the lack of a proprietary desktop/web platform is a considerable drawback for beginner traders looking for a simplified trading experience.
Make Every Trade Count
I think the platform is pretty dated though and you can’t trade ETFs. Compare the markets and instruments offered by Lime Fx and its competitors. Please note, some markets may only be available via CFDs or other derivatives. Compare Lime Fx with the top 3 similar brokers that accept traders from your limefx website location. Minimal withdrawal amounts, however, will depend on the transfer type and are typically a little higher. Access 1400+ instruments on CFDs and FX with low spreads and commissions.
The Lime Fx MT4 platform combines powerful features, advanced charting capabilities, and seamless trade execution, providing traders with a comprehensive trading environment to pursue their financial goals. Downloading the Lime Fx trading app allows you to stay connected to the markets, execute trades efficiently, and manage your portfolio effortlessly. Whether you use Android, iOS, or a desktop, the app provides a seamless and feature-rich trading experience. Lime Fx Group is a trusted broker that offers an outstanding selection of high-quality educational content and market research.
I’ve found Lime Fx’s customer support responsive, helpful, and professional. No matter the issue, they’ve always ensured I get the assistance I need, making trading with them a smoother experience. An economic calendar also helps to keep you informed about upcoming events that can cause market volatility. However, the broker does provide a proprietary mobile app, which is available for Android and iOS devices.
Lime Fx may charge an inactivity fee if your trading account remains dormant for a specified period (more than 90 days). This fee encourages active trading and helps cover administrative expenses. Lime Fx offers a transparent fee structure that traders can consider when evaluating their trading costs.
I wonder if it is the same for everyone… once I started trading here, I was actually excited to tell people about the broker. I guess that for some people at least it is like that because there is quite the number of reviews here.The spreads are very tight starting from 0.6 pips, although you might see a little bit higher in rl. Which means many times it’s even lower than that.And it’s without commissions and swaps on my Ultra low account.
- Lime Fx Group is a trusted broker that offers an outstanding selection of high-quality educational content and market research.
- An economic calendar also helps to keep you informed about upcoming events that can cause market volatility.
- The broker has a strong focus on education and regularly conducts seminars and workshops in various locations worldwide.
In all my time being a trader, this is the one broker that I can vouch for that doesn’t manipulate its charts and is honest with its operations. Not saying that there are no other honest brokers; I am only saying this is one of the honest ones. The broker has about 10M traders using their platform, which says a lot about their honesty.
