Lime Fx Markets Ltd

However, traders seeking stocks or deep education and market research will need to look elsewhere. Also, the offshore regulation for non-EU traders and expensive withdrawal fees are notable drawbacks. However, this is still a powerful platform that will provide everything needed for experienced traders to conduct technical analysis while also being intuitive enough for beginners to pick up easily. Still, Lime Fx has done well by providing an attractive, affordable and simple account option for day traders who will appreciate having no trading restrictions or minimum deposit requirements. Lime Fx brand is an international brand that is registered and regulated in various jurisdictions and is committed to offering you the best possible trading experience. Lime Fx has taken undeviating steps to segregate accounts and the offering of investor compensation schemes as measures to protect the client funds.

Demo Account

This platform provides the most convenient way to customize the trading strategy you wish to use. A wealth of useful charts and technical indicators help traders stay abreast of the latest market trends, enabling clients to seize trading opportunities. Ordinarily, we prefer to see a choice between a commission-free account (geared towards beginners) and one with raw spreads and low commissions (geared towards advanced traders). However, Lime Fx has outdone many competitors by offering the kind of tight spreads you’d expect from ECN accounts without charging a commission. Additionally, traders have access to real-time market data and analysis to help them make informed decisions. The combination of educational tools and a well-regulated environment makes Lime Fx a reliable option for traders looking to expand their knowledge while maintaining secure trading conditions.

• Whether you are facing technical issues, account-related queries, or need help with your trading platform, Lime Fx’s support team is prepared to assist promptly.
• This is a much larger virtual bankroll than almost every other broker we’ve tested, but makes sense given the very high leverage.
• The sign-up process is also pleasingly simple and there is a swap-free solution for Muslim traders available upon request.
• This is because, both beginners and experts, find the website useful.
• Lime Fx does not impose any minimum deposit requirements, allowing traders to begin with as little or as much as they are comfortable with.
• If you have traded with Lime Fx we would really like to know about your experience – please submit your own review.

Is Lime Fx A Regulated Broker?

Additionally, the limefx official site broker provides several specialized accounts, including demo accounts for practice trading, Islamic accounts adhering to Sharia principles, and managed accounts for those preferring expert guidance. Whether you are a beginner looking for a low-cost entry into the forex market or a professional trader seeking competitive conditions, Lime Fx’s ECN XL account provides a solid, flexible option. Lime Fx is committed to providing its users with educational resources through webinars, trading guides, and market analysis. The company helps traders to improve their skills, through which it attracts customers. This is because, both beginners and experts, find the website useful.

What are Lime Fx Forex Ratings?

However, not all currency pairs are as generously priced – GBP/USD trades with a 1-pip spread, which is more expensive than the average of around 0.3 pips at Fusion Markets, for example. In our experience, the 0.2-pip average spread on EUR/USD is far tighter than most commission-free accounts, which regularly charge 1 pip or more for this major pair. Lime Fx offers a variety of convenient deposit and withdrawal methods to accommodate traders’ needs. Our ECN XL account has all the features and benefits you would expect and demand from an ECN/STP broker who has always been right at the cutting edge of industry development. In fact at Lime Fx we believe this ECN account is not basic at all. It is one of the most advanced trading accounts, packed full of features and benefits, currently available in the forex industry.

Web Trading Apps

Positives are the no minimum deposit, free demo account and excellent support, however it lacks the educational tools or social trading features provided by category leaders like eToro. MetaTrader 4 limefx is one of the most popular forex trading platforms in the world today. MetaTrader uses its own programming language MQL4, which allows you to program your own automated trading robots.

Trading products

• Lime Fx does not have a proprietary mobile app, though MT4 can be downloaded to Android and Apple devices.
• Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available.
• An inactivity fee of $5 per month is applied after three months of no trading activity.
• More you will get daily forex technical analysis by forex experts, and forex news.
• I like how tight spreads they provide on the forex market and the spreads are even more tighter than from other major and famous brokers.

That said, this broker does implement negative balance protection across both EU and offshore entities, unlike alternatives such as Fusion Markets. Looking at the negatives, the coverage outside Europe, while fairly industry standard is disappointing, with the global entity registered in Nevis as an International Business Corporation (license number C55272). An inactivity fee of $5 per month is applied after three months of no trading activity.

Deposit / Withdrawal Methods

This customer-centric approach makes Lime Fx a solid choice for traders who prioritize responsive and professional support. Lime Fx offers reliable customer support to assist traders with any questions or issues they may encounter. The broker provides live chat and email support, ensuring that help is readily available.

That said, the bonus could not be withdrawn, and if your account balance reaches below 50% of the available bonus credit, the amount will be removed. This is essentially free credit that can be used for trading purposes, and I was pleased on this occasion that there were no minimum trading requirements. I only really missed having PayPal available since this industry leader is one of the most widely used e-wallets and is accepted by rivals, including XTB and IG.

Lime Fx provides unparalleled account choices such as zero-fee ECN and competitive spreads, a subset with incredibly low costs. It is the feature of honesty in terms of pricing and execution that makes the customers interested and votes with plentiful positive reviews and ratings. I use Lime Fx for forex trading and have been impressed with the huge range of currency pairs, transparent fees and reliable MetaTrader 4 platform. I think the client dashboard and website could do with an overhaul though – they are pretty dated. It’s fine if you want a no-fuss trading experience but seriously lacking in the research tools, analysis features. Lime Fx is good for day trading thanks to its very tight spreads in the ECN account, leverage trading opportunities, and access to the fast and dependable MetaTrader 4 platform.

The very first thing I noticed when I started trading with the ECN XL account was the instant execution. I was trading with another broker previously, and after I pressed the buy or sell button, there was a little time to wait for the trade to be executed. So many times my trades were executed at a different price than the one I saw on the chart.Here things are completely different. Plus the spreads are tight.My overall trading experience and profits improve by far just by changing the broker I trade with.

Lime Fx operates on a spread-only model, with spreads starting as low as 0 on major currency pairs. Whether your new or an experienced trader, a risk free demo account is a great way to experience the benefits of ECN trading with Lime Fx. Practice your forex trading skills or test new strategies with zero investment. MetaTrader 4 trading platform comes with its own built-in language for programming trading strategies. MQL4 allows you to create your own EA (Expert Advisor) and automate your trading based on your own programmed strategy.