Lime Fx Trading Review 2025: Broker Fees, Spreads, and Legitimacy
He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. Lime Fx offers instant, or same-day, withdrawals with no fees for verified and connected accounts. Withdrawals via bank wire, credit, or debit card usually take 2-5 business days. Self-confessed Forex Geek spending my days researching and testing everything forex related.
There is a library of free educational materials for Lime Fx users including the likes of week interactive webinars and video tutorials. They always have the latest news from the world of forex as well as providing regular market analysis from the team of experts at the platform. They also have a range of tools and calculators that provide everything a trader needs when making certain calculations. When I chose them as the main broker to trade with, they had been already in the business for around a decade. One of the factors that bolstered my decison is the fact that Lime Fx is strictly regulated by several respected regulatory entities, including CySEC.As for the range of assets here, it is really huge here. I trade forex pairs and stocks, and frankly the costs stemming from my trades are minimal thanks to the low spreads from the broker.Regarding the customer support, they are trully attentive and fast to reply.
- Some may focus on low-risk, steady returns, while others may take more aggressive positions in pursuit of higher profits.
- So yes, we can conclude Lime Fx is a good broker with good trading conditions and reputation since Lime Fx aims to provide one of the best user experiences in the industry to its clients.
- The trade volume is $2,000 for the stock index and CFDs and $20,000 for the forex pairs.
- I could trade without knowing and understanding this wave theory, and it does not necessarily give me trading ideas or anything like that.
- No re-requotes and no hidden fees or commissions policy, as well Negative balance protection definitely a plus.
- 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.
- Lime Fx does not charge commissions on main account types, however for Shares account fees might apply commission since Shares trading connected through Exchange so underlying assert fee conditions will be applicable.
Lime Fx also offers a comprehensive suite of educational resources, including tutorials, webinars, and limefx scam seminars, to guide beginners through the fundamentals of trading, market analysis, and risk management. I expected Lime Fx to offer a dedicated account type for experienced traders with substantial trading volume or portfolio size. Unlike ActivTrades, which provides professional accounts with benefits like higher leverage, reduced stop-out levels, and dedicated account managers, Lime Fx caters primarily to a broader range of traders.
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With a wide range of trading instruments available from a single multi-asset platform, Lime Fx makes trading easier and more efficient. One of the main barriers to entry for beginner traders is the need for in-depth market knowledge. Lime Fx’s Copy Trading feature eliminates this barrier by allowing traders to follow more experienced traders and copy their trades. This can be especially helpful for those who lack the expertise to analyze markets and make informed trading decisions. Although copy trading is automated, you still have full control over your account. You can monitor your performance and track how well your selected strategy provider is performing.
Additional Tools and Features
They also offers a two-tier bonus on deposits that could go as high as $10,500. To find out more about this, you should read their full terms and conditions to ensure that you are eligible for something. With Lime Fx the amount of fees and commission that you have to pay will be dependent on what sort of account you have with them.
Popular Forex Broker Reviews
- They have a wide ranging section for education, including free weekly webinars that are interactive.
- The amount you allocate will determine the size of the trades that are copied to your account.
- A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).
- These instruments give traders insightful analysis and enhance their capacity for making decisions, therefore empowering them.
- Depositing and withdrawing funds with Lime Fx is a convenient and secure process.
- Unlike ActivTrades, which provides professional accounts with benefits like higher leverage, reduced stop-out levels, and dedicated account managers, Lime Fx caters primarily to a broader range of traders.
ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. That said, Lime Fx falls behind with its limited pricing, range of markets, and platform offering — none of which can compete with the best brokers in this space. Lime Fx Group is a trusted MetaTrader-only broker that offers an outstanding selection of high-quality educational content and market research.
I guess that for some people at least it is like that because there is quite the number of reviews here.The spreads are very tight starting from 0.6 pips, although you might see a little bit higher in rl. Established in 2009, Australia-based Lime Fx has a proven track record as a reliable broker. Known for its efficient trading services, quick execution speeds, and secure trading environment, Lime Fx has garnered a positive reputation among our traders and industry experts. They’re available 24/5, so I’ve always been able to reach out during market hours, no matter my time zone. What’s great is that the support team offers multilingual support in 25 languages, which is helpful for traders from different parts of the world. Lime Fx offers excellent customer support with multiple options, including live chat, email, and phone (Cyprus or Australia numbers).
Risk Level
Take advantage of our promotions and demo account to practice risk-free. Master the markets with insights from our team of more than 70 expert educators and free educational resources. Look for strategy providers with a consistent and positive performance history. Pay attention to their win/loss ratios, the size of their average returns, and how they have performed over different market conditions. However, remember that past performance is not a guarantee of future results. After selecting a strategy provider, you need to allocate funds to copy their trades.
Lime Fx Compared to Other Brokers
With its user-friendly platform, diverse tradable assets, and commitment to education, Lime Fx stands out as a broker of choice. Whether you’re a beginner or an experienced trader, Lime Fx Group offers a range of account types to suit your needs and preferences. Lime Fx allows traders to choose from a wide range of strategy providers, each with a unique trading style, risk profile, and performance record.
There are 51 different trading limefx forex broker indicators available to you and there are 31 charting tools you can utilise. In total, there are 356 different CFDs offered by Lime Fx, with five of these being cryptocurrency CFDs. There are 57 currency pairs on offer and they don’t offer any ETF products.
However, it’s important to remember that copy trading involves risks, and it’s essential to carefully evaluate strategy providers and understand the risks before committing your funds. Lime Fx is a broker with a great reputation and numerous regulations and a very wide range of trading instruments which we mark as its main benefits. Besides, the offering is user-friendly and Lime Fx has one of the lowest deposit requirements among the industry, Lime Fx the account can be opened regardless of a net of capital with only 5$. CFD costs we found average and platforms are very friendly to all types of traders.
Reduce your costs with low spreads and even lower swap fees and commissions. For day traders seeking even lower spreads, the Lime Fx Zero account provides spreads starting from 0.0 pips with a small commission per trade. Lime Fx offers a range of research tools specifically designed to assist beginner traders in enhancing their trading skills and market understanding. Yet while MetaTrader is a popular platform for forex traders, the lack of a proprietary desktop/web platform is a considerable drawback for beginner traders looking for a simplified trading experience. For day traders seeking even lower spreads, the Zero account provides raw spreads from 0.0 pips with a commission of $3.50 per lot per trade. The deposit and withdrawal process is generally straightforward and convenient.
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