Lime Fx Group offers a variety of unique features and tools designed to enhance traders’ decision-making processes and provide valuable insights into market trends and trading practices. Lime Fx provides access to MetaTrader 4 (MT4), one of the most widely used trading platforms in the forex industry. Known for its reliability and user-friendly interface, MT4 is equipped with a range of technical indicators, charting tools, and automated trading capabilities through Expert Advisors (EAs). In addition to its forex offerings, Lime Fx gives traders access to a wide range of commodities.

Lime Fx unfortunately cannot accept clients from the residents of certain countries, such as the United States of America, Canada, Israel and Iran. Lime Fx Global also provides direct share trading in addition to the previously mentioned assets. When it comes to trust and security, Lime Fx has taken significant steps to establish itself as a regulated and secure broker. Our comparison table below highlights the spread differences between Lime Fx and Pepperstone, helping you choose the better option for your trading needs.

Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. Yes, based on your detected country of UA, you can open an account with this broker. Lime Fx has received various awards over the years from different organizations, reinforcing its reputation as a notable broker in the financial industry. Lime Fx clients from European Economic Area (EEA) countries are provided with investor protection of up to €20,000 through CySEC. Lime Fx also offers Lime Fx TV, podcasts and news feeds from Reuters, an Economic Calendar, along with YouTube Shorts and daily technical stories. Lime Fx offers mobile versions of both MetaTrader 4 and MetaTrader 5, available for Android and iOS devices.

Lime Fx reviews

At FXStreet, we aim to provide our readers an honest and impartial look at certain brokers that you might be interested in trying. Lime Fx boasts competitive fees with low spreads and no maintenance or deposit/withdrawal charges. The broker’s transparent fees and varied account types offer flexibility to orders.

Educational Resources and Research Tools

Among the indices available on Lime Fx are AUS200Cash, SWI20Cash, US500Cash, and many others. When choosing a broker to trade with, one of the important factors to keep in mind is the safety and security of the broker. There are several things that can define the safety and security of the broker you choose to use.

Islamic Account

Many traders stick with MT4 for its stability, community support, and wide array of custom tools. This includes tier-1 regulatory bodies such as the FCA of the UK and ASIC of Australia. It is also licensed in Cyprus, which allows it to offer services throughout Europe, and Belize’s FSCA, which is an international regulatory body. The fees that you might have to pay mostly depend on the account type you are using, as well as the asset you are trading. During the registration process, one of the questions is which trading platform you want to use. But, in case you have changed your mind, you can contact the representatives of the broker and use a different one.

Some of the more forex focused brokers such as Forex.com and OANDA have closer to 80 forex pairs available. On the home page of the website, Lime Fx claim to have 16 platforms available. However, drilling a little deeper and you will see in reality that they only offer platforms based around MetaTrader4 (MT4) and MetaTrader5 (MT5). It is just that Lime Fx counts the various device versions of the same platform. This is bending the truth slightly and is probably an attempt to make up for the lack of proprietary platform or options other than the ubiquitous MT4/MT5. The charges will vary across different instruments and vary from day to day., determined by “tom-next rates”.

Traders can have access to all of these available assets with any account. However, keep in mind that shares can only be traded with the special Shares account. One of the policies that Lime Fx follows is negative balance protection, which is specifically important for those who use leverage when trading. Leverage is quite a useful thing for Forex traders, as it can amplify the profits made during trading. Investing in financial instruments, commodities, and other assets carries inherent risks, and there is a possibility that you may lose your entire investment.

Spread Types

First, there is only one base currency option for this type of account – USD. The contract size is 1 share, and there is no leverage available for share account holders. Lime Fx provides a range of platforms to suit traders’ different preferences. All platforms offered by Lime Fx are available for desktop, web, and mobile devices, making trading convenient and accessible across various devices and locations. Whether using MT4, MT5, or the Lime Fx app, traders can enjoy a seamless trading experience tailored to their individual needs. Yes, Lime Fx offers a demo account that allows traders to practice and familiarize themselves with the platform without risking real money.

Enter the world’s most liquid market with the confidence of having a leading broker at your side. Buy and sell the most liquid currencies, like EURUSD, 24/5 with market-leading execution and conditions. Nobody does more to provide you with what you need to maximise your trading potential.

In line with anti-money laundering regulations, the withdrawal method has to be the same as the deposit method in which the account was funded. There is also a withdrawal priority procedure if you have funded the account by different methods. If you have deposited via a credit/debit card then the withdrawal back onto the card can cover the deposit amount. Anything above this amount can then be transferred via bank wire or e-wallet for the remaining transfer of funds. We like the fact that Lime Fx limefx company reviews does not charge any fees or commissions on withdrawals across payment methods. The only exception to this is with Wire transfers less than $200 which incurs a $15 charge.

  • Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader.
  • Islamic, or swap-free, accounts are available for clients who require them for religious reasons.
  • Once traders gain experience of the whole trading experience they can migrate to the Standard account for larger contract sizes.
  • We consider six months or sooner to be bad, whilst 18 months and above is generous.
  • Lime Fx Group’s extensive offer of tradable instruments allows traders to access a broad spectrum of markets, from forex to stocks and commodities.

Restricted assets – Shares

  • Most deposits are processed instantly, enabling traders to start trading without unnecessary delays.
  • It also offers a variety of financial instruments, such as currencies, commodities, and indices.
  • Lime Fx does not have specific bonuses due to regulatory stipulations although it promotes the VPS service and the 0% Fees on deposits and withdrawals.
  • The world of online trading has seen a surge in popularity, with a plethora of mobile apps offering a variety of features and functionalities.

We pick brokers that are comparable in both scale and features and use them as benchmarks. So, we will look at the details on how much you would pay, trade a certain amount, over one week, on specific Lime Fx markets, and other brokers. Lime Fx global gives out a non-deposit $50 trading bonus to new clients who have just signed up. They also offers a two-tier bonus on deposits that could go as high as $10,500.

This could make the Ultra Low account attractive to traders seeking minimal trading https://limefx.club/ costs. The Ultra Low account with below-market average spreads makes the fees more attractive to some traders. Still, the Standard account with above-market average spreads, swaps, and possible inactivity fees balances out this advantage. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. Lime Fx follows a strict withdrawal policy that requires clients to withdraw funds using the same methods as their initial deposit.

Lime Fx offers various educational resources to help novice and experienced traders improve their skills and understanding of the market. 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). Lime Fx is a good choice for beginner and intermediate traders, especially since you can start with just $5, use demo accounts to practice, and have lots of additional resources. While it’s a strong platform, improving some of the issues highlighted by users would make it even better for new traders. If you’re thinking of using Lime Fx, just keep these potential challenges in mind and evaluate how they align with your trading goals and risk tolerance.