Established in 2006, this broker is highly regarded and has strong regulatory oversight. It offers a large number of educational resources, and several platforms and an app. Lime Fx offer competitively priced trading, with minimum deposits starting at $100 for the Standard account. Another potential downside of Lime Fx is its relative lack of educational resources.
Choose your account type
Lime Fx offers a competitive fee structure, with no hidden charges on most transactions. While some instruments carry a commission, the broker compensates for deposit fees and provides various bonus programs to offset trading costs. Lime Fx prioritizes security and transparency through strict compliance with international standards. Additionally, Lime Fx is a certified member of The Financial Commission, an independent mediator that protects traders with a compensation fund of up to €20,000 per claim.
They also offer an Islamic account option for traders who adhere to Islamic rules on trading. For residents of countries which this broker doesn’t accept, there are several other notable options to consider. While Lime Fx has many happy customers, there are almost as many giving mixed reviews. We will discuss this further customer reviews section but the lack of educational materials is a sticking point.
Lime Fx is a member of The Financial Commission, an independent external dispute resolution (EDR) organization. The interests of Lime Fx’ clients are protected by the Financial Commission’s Compensation Fund for up to €20,000 per claim. TopBrokers.com will https://limefx.name/ not accept any liability for loss or damage as a result of reliance on the information on this site. Forex pairs, cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.
No, all deposits are commission-free, regardless of the payment method. Yes, Lime Fx offers stocks like Apple, Tesla, and more, giving access to major US and global equities. MT4 offers 30 indicators, 9 timeframes, beginner-friendly tools, and a single-thread strategy tester.
All trading has a certain amount of risk attached to it, including Lime Fx. It’s important to assess advantages and disadvantages and make the best personal choice. With this particular broker it’s important to think about high leverage. While this is a positive aspect, it can work in the opposite direction too. Lime Fx has four trading accounts designed for amateurs and professional traders.
Regulation and Safety: 3/5
The ECN account has tighter spreads from 0.2 pips but charges a commission of $2.5 per lot per side. Lime Fx also caters to beginners with its various educational resources, webinars, and demo accounts. The low minimum deposit of $100 and the availability of Islamic accounts make it an attractive option for new traders.
- Lime Fx is a member of The Financial Commission, an independent external dispute resolution (EDR) organization.
- These resources make Lime Fx a strong choice for traders seeking in-depth market research and continuous learning opportunities.
- To fully assess Lime Fx, it’s important to look at their pros and cons.
- Many users mention that Lime Fx has no hidden fees, and that’s another advantage to this broker.
- To that aim, we came up with several elements that deserve attention.
Open a Standard account
There are occasional webinars but these don’t focus on the basics of learning new trading skills. Lime Fx is a popular broker that, as mentioned, was founded in 2007. An offshore broker regulates it yet it is a member of the Financial Commission. For some people, this may be off putting, but it’s important to weigh up the pros and cons and make a personal decision. The Zero account has a commission starting from $0.01 per side.
- Traders also gain access to fresh trading ideas, technical analysis insights, and a curated list of the best deals of the week to support informed decision-making.
- There are many companies that provide broker services, but are they the best choice?
- Customer service is also mentioned several times as being responsive and high quality.
- TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
- Lime Fx’ fee structure is highly competitive, with varying spreads and commission models to accommodate different trading styles.
Are there any fees for depositing funds with Lime Fx?
Whether you’re just starting or looking for advanced trading tools, Lime Fx ensures you have access to the resources you need. Lime Fx offers lucrative partnership programs for affiliates, agents, and webmasters to earn income in the financial markets. Partners receive various tools and marketing support to help them succeed, including banners, landing pages, and multilingual assistance. With no deposit fees, instant execution speeds, and comprehensive analytics, Lime Fx delivers a competitive trading environment.
TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate. It’s a good idea to explore all alternatives alongside Lime Fx to make the best decision. It’s about developing a solid strategy, managing your risk, and continually educating yourself about the markets. Forex risk management is crucial, especially when dealing with high leverage. We have talked about the pros and cons, pricing, customer reviews, and main features.
The trade analyzer helps users assess their performance and optimize strategies. This broker doesn’t accept residents of the EU, UK, Australia, and the US. This is quite limiting to many traders, so alternative options need to be considered. Lime Fx has been on the market since 2007 and that should give some peace of mind. However, it does have an offshore regulator, which many users state makes them less than reassured. Despite that, this broker is a member of the Financial Commission, offering protection from there.
Yes, Lime Fx provides a WebTrader version, allowing you to trade directly from your browser without downloading any software. Provide your personal information, such as your name, email address, and phone number. To celebrate its 17th anniversary, Lime Fx is offering a Grand Birthday Raffle with prizes like a Porsche Cayenne and over 100 Apple prizes. Yes, Lime Fx’ order execution quality is audited monthly by Verify My Trade to ensure compliance with the best execution standards. Lime Fx is known for its reliable operations, business stability, and robust client protection policies. Additionally, it undergoes monthly audits by Verify My Trade to ensure top-tier order execution.
Are there any withdrawal fees with Lime Fx?
Partners receive one-time payments, up to $20 for confirmed registrations and up to $500 for funded accounts, depending on the deposit amount. Regulated by the MISA, FSA and FSC, and a certified member of The Financial Commission, Lime Fx maintains a limefx transparent and secure trading environment. Its high TrustPilot rating further reinforces its credibility, making it a solid choice for traders seeking reliability and innovation. With 24/7 customer support available throughout the process, traders can quickly resolve any issues, making account opening at Lime Fx smooth and efficient. With 24/7 availability and multiple contact options, Lime Fx ensures traders receive quick and efficient support, reinforcing its commitment to client satisfaction. Lime Fx offers a dedicated mobile app for iOS and Android, along with MT4 and MT5 mobile versions.
These apps allow traders to execute trades, analyze charts, and manage accounts from their smartphones. Simply click the “open account” button and follow the on-screen instructions. There is a registration form that requires some personal information and you’ll need to verify your identity.