All live trading accounts provided by Lime Fx can be converted to an Islamic Account or Swap-free accounts that do not charge interest to traders who keep positions open overnight. Micro accounts are ideal for new traders who are transitioning from a risk-free trial account into the real world of trading. For more experienced traders looking to put their trading theories to the test, this account type is excellent. 👉 Lime Fx is a good option to start a trading profession or advance in an existing one because of this winning mix. 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.
Lime Fx is regarded as one of the most secure brokers as it takes measures to protect users’ limefx courses scam funds and privacy. Lime Fx does not share the personal information and account information of users. Lime Fx Group is licensed by several regulatory bodies, is not publicly traded, and does not operate a bank.
Does Lime Fx Have Low Trading Fees?
While testing Lime Fx, we were also reassured to see that Islamic-friendly solutions are available on all accounts with swap-free trading and no replacement fee. Additionally, Lime Fx bolstered its offering in 2024 with five thematic indices that provide short-term trading opportunities in disruptive sectors, notably artificial intelligence, electric vehicles, and blockchain. Lime Fx offers free webinars presented by highly skilled forex professionals who joined forces under the guidance of the Guru to provide free interactive webinars available for anyone on the globe. We believe that choosing the right broker is the key to success in online trading, and we are committed to helping you do that. If you’re looking for reliable and accurate information about brokers, you’ve come to the right place. Lime Fx has a mobile trading app available on Google and Apple stores.
New traders can benefit from the various educational content available on the company’s website. Beginners also have an opportunity to interact and learn from experienced traders on the broker’s trading platform. Lime Fx trading broker is regulated by several regulatory bodies, which ensure that it keeps users’ funds safe and secure at all times. These regulatory bodies include the Financial Services Commission, ASIC, and CySEC.
The platform takes several measures to protect users and their accounts. The more assets there are to trade, the more opportunities there are to make money; and the more diverse the assets, the more likely it is that you will find something that fits your trading style. Of course, not all brokers offer the same type or number of assets. Some specialize in foreign exchange (forex) trading; while others focus on stocks, options, or other securities. Lime Fx has a great mobile trading platform, which is offered on MT4 and MT5. The platform is highly user-friendly and provides a great search option.
These ECN spreads are among the best in the industry, matching or even surpassing top brokers like Lime Fx and Pepperstone. The key difference between the two accounts is the Micro Account allows trading with micro-lots (1000 units). With this account 1 micro lot (pip) is the equivalent of USD 10 cents. The Lime Fx Micro and Standard Accounts are commission-free account types with spreads starting from 1 pip. The Ultra-Low and Zero Accounts offer varied lot sizes with tighter spreads and commission-based pricing, respectively. Our broker reviews are reader supported and we may receive payment when you click on a partner site.
Advantages of Commodities Trading at Lime Fx
So quite like that there’s all the pairs and commodities etc here. Only thing i don’t see are synthetic cryptos, those would be a nice add mby.24/5 support, and they have EVERYTHING. Lime Fx is one of the best forex and CFD brokers based on our assessment. It offers multiple accounts to suit different investors with over 1000 instruments and competitive trading conditions.
Customer accounts are also protected by negative balance protection. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry.
Trading Hours
This protection includes a 50% margin call and a 20% stop-out level to manage potential losses. In cases of slippage leading to a negative balance, Lime Fx resets the account to $0, preventing debt accumulation. While many of the best brokers charge traders a commission fee for stock CFD trading, Lime Fx provides commission-free commodity and share trading.
This average customer rating is based on 22 Lime Fx customer reviews limefx scammers submitted by our visitors. Lime Fx does not offer a proprietary mobile app, however, MT4 and MT5 have mobile app compatibility. These applications are available for free download to iOS and Android devices and offer the full functionality of the desktop solutions for mobile traders. Based on our tests, the live chat is the quickest and most convenient way to get help.
Withdrawal and Deposit Methods
Other reassuring signs for us are the multiple industry awards and accolades. These are all promising signs for us that Lime Fx.com is a trustworthy broker. We did not come across any strategy restrictions when we used Lime Fx. Scalping, hedging and automated trading are all permitted on the broker’s accounts. The video series in particular is comprehensive, covering everything from the basics of forex trading to trading psychology and building a successful strategy.
- Overnight fees apply on cash instruments held overnight, but this is industry standard.
- Available for both PC and Mac OS, Lime Fx MT5 WebTrader is the conduit to global markets without the need for additional software downloads.
- Lime Fx is well-regarded for offering competitive spreads to traders in the UK and Europe.
- In addition, it is one of the few brokers we have reviewed that allows clients to open up to 8 accounts, allowing users to benefit from the perks of different solutions.
- In my previous comment, Lime Fx requested Trustpilot to delete my comment, claiming my review was fake.
- Our goal is to provide traders with clear, factual, and up-to-date information, helping them find the best forex broker that aligns with their trading needs.
Is Lime Fx suitable for beginner and professional traders?
Lime Fx embraces cultural, national, ethnic, and religious diversity and aligns its advanced trading platforms and flexible trading conditions to a diverse global clientele. Our exceptional services in currency trading, along with CFDs, equity indices, precious metals, and energies, are a testament to our extensive experience and profound understanding of the global financial markets. This review of Lime Fx is grounded in CompareForexBrokers’ comprehensive and methodical approach. Lime Fx forex trading broker offers a wide range of assets, including major currency pairs, stocks, cryptocurrencies, and CFDs. Traders can use the MT4 or MT5 platform to buy and sell CFDs with high leverage, and this makes the platform suitable for both new and experienced traders.
On average, it takes one to two business days for the funds to arrive. As with most regulated platforms, Lime Fx broker requires your personal information and details while setting up an account. You will need to provide accurate information as these will be verified later using a government-issued ID.
As a trusted broker, Lime Fx is regulated by tier-one regulatory bodies and takes measures to guarantee the safety of your funds and information. Lime Fx broker allows traders to use MT4 and MT5 platforms because it currently has no proprietary trading platform. You can use either of these two platforms, depending on the asset you are trading. If it’s your first time, follow the uncomplicated three-step process mentioned below, or if you’re an existing user, simply update to the latest version. Submerge yourself into the world of on-the-go trading today, leveraging the extensive functionalities and innovative features of the Lime Fx MT4 & MT5 App.