The history of growth and stability over the 11 years of trading gives us confidence in Lime Fx. Although it is not a public company or has a bank attached, we believe they have a strong track record. Looking also at the number of base currencies available, there are 11 to choose from.
New CFD Broker Versus Trade Launches with Unique ‘Asset-vs-Asset’ Product Offering
On the plus side, we think they have an excellent selection of stocks CFDs, in addition to a decent selection of forex pairs. However, outside of stocks CFDs and forex that we believe that Lime Fx is lacking somewhat, and sometimes significantly so. To help facilitate the customer service that Lime Fx offers its clients from around the world, it claims to have support in over 30 languages. Lime Fx Margin CalculatorThe Lime Fx Margin Calculator is a powerful tool that allows traders to calculate the margin required to open and maintain a position in the forex market. Margin is the amount of money required to open a position, and it is used to ensure that traders have enough capitals to cover any potential losses.
They can keep it in-house (and therefore effectively take the other side of the trade to the client), or they can push the risk out to liquidity providers. There is no way of knowing how much risk a dealing desk broker such as Lime Fx would take on. There is no way of knowing how often, if at all, Lime Fx trades against its clients.
- We like the fact that Lime Fx does not charge any fees or commissions on withdrawals across payment methods.
- Lime Fx boasts competitive fees with low spreads and no maintenance or deposit/withdrawal charges.
- With its user-friendly platform, diverse tradable assets, and commitment to education, Lime Fx stands out as a broker of choice.
- Lime Fx is unable to accept clients from the United States of America, Canada, Israel and Iran.
- The calculator will then determine the margin required to open and maintain the position.
Lime Fx may charge an inactivity fee if your trading account remains dormant for a specified period (more than 90 days). You demand the best trading experience; our awards reflect our desire to provide it. Lime Fx does not direct its website and services to any individual in any country in which the use of its website and services are prohibited by local laws or regulations.
Futures Fees
At Lime Fx there is a Demo Account facility that gives you a virtual balance of $100,000 to play around with and find your feet. The demo account has an unlimited duration, giving you all the time you need to get prepared for trading a real account. Lime Fx Profit and Loss CalculatorThe Lime Fx Profit and Loss Calculator is an essential tool for traders who need to calculate their potential profits or losses on a trade.
To summarize, the broker is committed to educating its traders, but further enhancing and diversifying educational resources would better meet traders’ needs and align with industry leaders. Lime Fx provides mobile trading apps for both Android and iOS devices, offering intuitive interfaces, real-time charts, technical indicators, and easy order execution. Lime Fx Group offers a range of trading platforms to suit different preferences and trading styles. Lime Fx offers traders a diverse range of tradable instruments across various asset classes, enabling them to build diversified portfolios and access a wide range of market opportunities. Enjoy a premium experience designed for seasoned traders with rewarding benefits including access to the widest selection of advanced trading tools available.
PAYT risks being more of a revenue-generating mechanism than a genuine environmental solution
Furthermore, the Shares account (only available to Lime Fx Global) needs a minimum deposit of $10,000. It is up to the individual trader to decide how comfortable they are trading with a dealing desk broker. However, drilling a https://limefx.group/ little deeper and you will see in reality that they only offer platforms based around MetaTrader4 (MT4) and MetaTrader5 (MT5).
We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. Lime Fx, founded in 2009 and based in Cyprus, is a regulated online broker serving over 10 million clients worldwide.
Lime Fx also offers Lime Fx TV, podcasts and news feeds from Reuters, an Economic Calendar, along with YouTube Shorts and daily technical stories. There is a minimum withdrawal amount of $5 (or equivalent) for all accounts except for the Lime Fx Shares Account which has a minimum $10,000. Micro and Standard accounts have slightly wider spreads compared to Ultra Low accounts, but both are eligible for the Lime Fx Loyalty Program.
To prevent slippage and keep your strategy aligned with real-time market prices, 99% of all trades are executed in less than one second. The Lime Fx Group is a global powerhouse that offers some of the best trading conditions. Use your Demo Account and test your trading strategies risk-free with virtual funds in a simulated environment.
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. For traders outside Europe and under the Lime Fx Global entity, there are bonuses available.
- Traders can keep their costs down by trading with spreads that “can be as low as 0 pips” (although not always this low).
- These instruments offer traders the opportunity to hedge against inflation and diversify their portfolios, especially in volatile market conditions.
- They provide support 24 hours a day from Monday to Friday and 18 hours over the weekend via email, phone, and chat.
- With the help of the volume table below, compare the trading volumes of Eightcap vs Lime Fx to see which broker exhibits the highest market activity.
- With fast trade execution, low spreads, and flexible leverage options, Lime Fx caters to traders of all levels, from beginners to professionals.
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”. Tom-next rates are determined by the money markets and are interest rate differentials between two currencies.
Unlock Your Trading Potential
Explore the global currency markets with uninterrupted trading opportunities. When comparing Lime Fx with Pepperstone, both limefx review brokers are recognized for their competitive pricing and strong trading infrastructures. Check our comparison tables to explore how these brokers stack up against each other in terms of spreads, quotes, and trading volume. Lime Fx does not charge fees for most withdrawal transactions, though external service providers may apply their charges. Withdrawals at Lime Fx are handled efficiently, with requests processed through the Members Area. Verified traders can initiate withdrawals by selecting their preferred withdrawal method and specifying the amount.
Trade Gold with Confidence. Trade with Lime Fx
Traders can use these tools to stay up-to-date on the latest market trends and make informed trading decisions. This allows traders to choose an account that fits their individual trading styles and preferences. 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. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.
While the number of instruments offered varies across asset classes, Lime Fx’s diverse range of options provides traders with ample opportunities to capitalize on different market trends. With over 15 years of serving clients, Lime Fx has proven to be fair, trustworthy, and dependable. The award-winning broker is known for fair trading conditions, excellent support, and outstanding live education. Lime Fx Global also offers a demo account, which allows traders to practice trading in a risk-free environment.
It provides traders with a platform to trade a variety of financial instruments. It offers all the features of the Standard Account, including negative balance protection, hedging capability, and a minimum deposit requirement of just $5. Lime Fx Global also offers Lime Fx TV, which provides traders with access to live market analysis, news, and educational content. Traders can use Lime Fx TV to stay up-to-date on the latest market trends and make informed trading decisions.