Yes, Lime Fx accepts retail forex traders from Canada, but do not accept clients from the United States (US). To cater to its global clientele, Lime Fx’ live chat service is multilingual and supports over 12 languages, effectively removing language barriers and enhancing the overall customer support experience. Lime Fx offers an extensive range of over 10,000 tradeable products across various asset classes including forex, cryptocurrencies, stocks, indices, ETFs, commodities, bonds, and metals.
Here is a screenshot of a live Lime Fx MT4 trading account during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads. Trading fees have the most notable direct impact on any strategy, and Lime Fx offers two pricing models. The commission-free Standard account shows an average mark-up of 1.15 for the EUR/USD. Australian clients will deal with the subsidiary, regulated by the Australian Securities and limefx Investments Commission (ASIC), First Prudential Markets PTY LTD.
Lime Fx offers Islamic traders the option of opening an Islamic account. Supporting documentation proving Islamic status may be required from the client in some cases. The $6.00 commission for Forex traders per 1.0 standard lots remains among the best industry wide. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.
By expanding content, improving organization, and diversifying formats, the broker can continue to empower traders with knowledge, setting itself on par with industry leaders. Lime Fx strives to provide valuable educational and research resources to its traders, although there is room for further enhancement and expansion in comparison to certain industry leaders. Withdrawal fees are transparent, ensuring traders know what to expect.
Is Lime Fx regulated?
- The back office makes it easy to request a withdrawal, which takes a few seconds.
- The Lime Fx Traders Hub provided daily research and trading ideas, presented in a quality format.
- FX Markets clients can access the ECN pricing model through the RAW account with a minimum deposit of USD 100.
- Lime Fx strives to provide valuable educational and research resources to its traders, although there is room for further enhancement and expansion in comparison to certain industry leaders.
- Lime Fx offers an extensive range of over 10,000 tradeable products across various asset classes including forex, cryptocurrencies, stocks, indices, ETFs, commodities, bonds, and metals.
- Lime Fx has an overall trust score of 60 based on regulation, reputation, and reviews.
The equity trading charges depend on the country of the listed underlying asset, and the pricing environment remains average compared to other brokers. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here.
That said, the broker’s Iress ViewPoint account option is less affordable, and is geared towards active traders with high-balance accounts. Our mission is to provide in-depth, unbiased reviews of international forex brokers, and to create world-class content about the global forex industry. Since inception, ForexBrokers.com has helped millions of traders compare and choose the best forex and CFD brokers.
What are the Lime Fx’ withdrawal options?
When compared to the best brokers for research, including IG, Saxo, CMC Markets, Lime Fx has room to improve, and could enhance its research offering by expanding it to include a wider array of daily content. Neither have Int’l Stock Trading (Non CFD) and Cryptocurrency (Physical). To open a trading account with Pepperstone, you’ll need to make an initial minimum deposit of $0.
Lime Fx impresses with its user-friendly trading platforms, extensive range of tradable instruments, and competitive fee limefx scammers structure. Its commitment to trader education and unique features, such as comparative analysis and trend exploration tools, enhance its appeal. The broker’s customer support is responsive, while its deposit and withdrawal methods are flexible and secure. It provides a demo account, offering a risk-free environment for practice.
Minimum $100 required to trade live.
To compare the trading platforms of both Pepperstone and Lime Fx, we tested each broker’s trading tools, research capabilities, and mobile apps. To compare the trading platforms of both Lime Fx Group and Lime Fx, we tested each broker’s trading tools, research capabilities, and mobile apps. Lime Fx caters to the modern trader’s need for mobility and flexibility by offering mobile trading options across its platform range. You can manage their accounts, monitor markets, and execute trades from anywhere, at any time. These apps are designed to provide a seamless trading experience on the go, featuring intuitive interfaces, full trading functionality, and access to real-time market data and analysis tools.
What products does Lime Fx offer?
Each year, we collect thousands of data points and publish tens of thousands of words of research. Read our in-depth reviews of forex and CFD brokers, and compare the best online brokers side-by-side. Learn about trading, forex, and CFDs from some of the most trusted voices in the industry. Lime Fx provides traders 71 currency pairs (e.g., EUR/USD) compared to Pepperstone’s 65 available pairs.
One of the benefits of trading Forex is leverage, which means borrowing funds from the broker to manage more significant trading positions. It incurs financing costs, known as swap rates, and the longer a trade remains open, the higher the fees. Third-party withdrawal charges may apply, but there is no inactivity fee at Lime Fx. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. The availability of trading platforms for demo accounts may vary depending on your location, but all users have access to demo versions of MetaTrader 4 and MetaTrader 5. This brokerage trading firm is regulated in three tier-one jurisdictions (FCA, ASIC and CySEC) and your money is held in segregated accounts with leading banks (National Australia Bank or Commonwealth Bank of Australia).
Adding more advanced video courses would only serve to improve Lime Fx’ educational experience. Lime Fx requires a minimum deposit of $100 AUD before you can open an account and start trading. In conclusion, Lime Fx’ commitment to educating traders is commendable.
This diverse account offering ensures inclusivity and flexibility for traders of varying experience levels and preferences. One of the standout features of Lime Fx is its competitive spreads, which enhance the cost-effectiveness of trading across various asset classes. This can significantly benefit traders by reducing their transaction costs and optimizing profitability. Furthermore, the broker’s commitment to regulatory compliance adds an extra layer of security for clients, assuring them of a safe trading environment.
The latest development of the in-house social trading service at Lime Fx introduced it to the resurgence in demand from retail traders for this sub-sector of trading. Investing in social trading represents an intelligent management decision and shows a fluid broker seeking to offer the best services to clients. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). Overall, forex and CFD traders will be satisfied by the MetaTrader experience provided by Lime Fx, though the scope of its research and educational offering are limited, when compared to the best brokers.
It maintains an elevated level of transparency and has established itself as a reliable broker. It continues to earn the trust of clients for over fifteen years and counting. At the time of this review, Lime Fx neither provides bonuses nor grants special promotions. Please note that equity markets open and close each trading and are not operational continuously like Forex and cryptocurrencies. Kenyan resident clients will be serviced through through the Kenyan Capital Markets Authority (CMA) regulated subsidiary. Read our full explanation and accounting of our research and testing process to learn more about how we test.