These measures include encryption, firewalls, and secure login protocols to ensure your account remains safe from unauthorized access. This includes keeping account details confidential, using strong and unique passwords, and being cautious of suspicious communications. Lime Fx will never request sensitive information or make unsolicited contact through channels like WhatsApp or Telegram.
- The average spread cost for the EUR/USD pair is 1.2, slightly above the industry average of 1.08.
- The “Intraday Comment” section had a single 18-month old entry about the Eurozone.
- Lime Fx’s bonuses and promotions provide valuable opportunities for traders looking to enhance their trading experience with additional capital.
- I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database.
- Whether you’re trading forex, precious metals, or the stock market, Lime Fx offers competitive conditions and tools to help traders succeed.
Really bad spread
The platform is intuitive, and the account setup process was smooth and quick. However, certain account options could be more tailored to meet the needs of local traders. Features like enhanced leverage options or more accessible account tiers would make the experience even better. The occasional restrictions during HMR periods can feel limiting, especially when great trading opportunities arise.
We show the latest reviews
The platform’s marketing resources, transparent reporting, and customer support make it easy for partners to grow their businesses with minimal upfront costs. Whether you’re a seasoned broker or new to the industry, Lime Fx’s IB program offers solid potential for generating revenue and maximizing returns. I’ve been trading with Lime Fx EU for a few months now and I’m very satisfied.
Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University. Lime Fx offers a mobile trading app with an average rating. While it provides essential functionalities for trading on the go, it does not excel in this area compared to its competitors. Lime Fx could be a good starting broker for new and intermediate retail traders, although more professional limefx forex brokers reviews traders might look for a broker with additional research resources and assets. Lime Fx primarily makes its money from dealing spreads, although you might have to pay additional fees depending on the asset and type of account you choose. Your initial deposit will be sent back through the payment method used, and any excess funds (profits) will be transferred to your bank account.
They offer a wide range of assets, excellent educational resources, and fast execution on trades. Moreover, we appreciate that the broker has a really great choice of educational tools for new traders. It includes useful videos, a glossary with the most needed words, and a lot of eBooks. And the minimum deposit is competitive for the UK’s trading market £100. You can also use the Lime Fx demo account to improve your trading skills. We have conducted a detailed study of Lime Fx brokerage and its trading platforms, the purpose of which was to highlight the pros and cons of using the services of this broker.
Lime Fx offers two demo accounts, the Demo Floating Spread and the Demo STP/ECN Absolute Zero. The former is fully customizable, while the latter is only available as https://limefx.name/ a USD option with a default balance of $100,000, where traders can select their desired leverage. Lime Fx lists no expiry times, which is great, as all demo traders require unlimited access. While I recommend the Absolute Zero account for traders, the Demo Floating Spread offers the most realistic demo trading environment.
Lime Fx is a multi-regulated broker, and account verification is mandatory. Most traders will pass verification after submitting a copy of their ID and one proof of residency document. Lime Fx might ask for additional information on a case-by-case basis.
What types of accounts does Lime Fx offer?
Each account type caters to different needs, with varying spreads, commission structures, and access to different trading instruments. I understand that it’s important for me to receive high-quality service from the very beginning. And so I decided that broker like this is what really suits me. I found out that this company provides its services for many years.
I wonder, is it not prohibited to use a trade copier service and trading manually simultaneously?
- The ability to access such a broad range of markets with solid conditions makes Lime Fx a strong choice for traders looking to explore the global financial landscape.
- These accounts come with varying features, such as different spreads, lot sizes, and the option for commission-based trading.
- Personal details of reviewers are strictly confidential and hidden from everyone.
- Lime Fx provides exceptional, 24/5 client support in 30 different languages.
Lime Fx is an online forex broker that offers trading in currency pairs, contracts for difference (CFDs), commodities, indices, futures, shares, gold, silver and oil. Lime Fx operates as a brand of Notesco Ltd which is registered in Bermuda. While Lime Fx does not impose hidden fees, commission charges may vary based on the base currency of the account and market conditions.
Range of Assets
There is a very high degree of risk involved in trading securities. 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. It offers beginner education videos and general education on forex and CFDs. Based on its rating for education and beginners, it provides an average educational experience. You can reach customer support directly on the Lime Fx website through its live chat feature. The broker also provides email and telephone support on a 24/5 basis throughout the trading week in 45 different languages.
These accounts come with varying features, such as different spreads, lot sizes, and the option for commission-based trading. Traders can choose between Live and STP/ECN accounts, each designed to suit various trading styles, whether you are a beginner, an intermediate trader, or an experienced professional. Lime Fx proves to be a reliable and innovative choice for both novice and experienced traders alike. With its wide selection of products, excellent customer support, and competitive trading conditions, it’s an ideal platform for those looking to engage in global forex trading. Minimum EUR/USD spread is listed at 0.7 pips while average spread is listed at 1.2 pips. These numbers may be deceiving, given the broad variety of accounts, fees, and routing choices.
The company continuously invests in security and product innovation to ensure a safe and professional trading experience for all clients. If you were still deciding to join, Lime Fx has different accounts, you can choose between the live or STP/ECN depending on your needs and preference. I am trading with the live premium account and it’s been smooth. I have spreads as low as 1.4 depending on the asset I decide to trade with. What i can say is that I have definitely found a good usage from this platfrom. There’s a required number of assets, fast software in the form of famous MetaTrader 4 and the broker ensures full-fledged support on every step.
Lime Fx has traders from 180 countries, making it one of the most accessible brokers. The Lime Fx group has 10+ years of experience more than 1,5M clients worldwide and offers negative balance protection. SSL encryption also secures all transactions and customer data. Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team. Keep in mind that the dealing spreads above refer to normal market conditions.
