The broker does not charge deposits and withdrawal fees, except for withdrawals below $300. Trade forex with fixed or flexible spreads, starting from as low as 0.0 pips. Whether you are a beginner or a professional trader, you can choose the right spread account for you and explore opportunities with our superb conditions. The difference between the bid and ask prices is called “the spread.” The spread is the cost of trading a CFD. Traders look for small spreads, since a smaller spread usually means the specific asset is more liquid. On the other hand, assets with a “wide” bid-ask spread can be more costly and time-consuming.

Hi Lucien,We are so glad to see that you are satisfied with our Lime Fx platform! Hey Luis Fernando Rodríguez,We are so glad you liked Lime Fx’s platform! We think it’s a great place to start your trading journey, and we hope that you’ll stay with us for years to come. Hi customer,We really appreciate you sharing your Lime Fx experience with us! Hi Víctor Gálvez,We really appreciate you sharing your Lime Fx experience with us! We put a lot of work into making the platform easy to use and adding new features, so it’s nice to see that it pays off.🤩 🥳Lime Fx ⚡️Empowering traders.

Standard Accounts

Users of the brokerage firm can also execute their trades while they are out and about, as Lime Fx’s mobile apps make it exceptionally easy to keep tabs on the market anytime and anywhere. Lime Fx offers a fairly decent range of educational content, providing beginners with a firm basis to further their learning. Multiple written and video materials cover essential topics related to technical and fundamental analyses, as well as the psychology of trading. Compared to the broader industry, Lime Fx offers an average amount of share CFDs, and a high amount of FX pairs, commodities, indices, and cryptocurrencies.

Metals

Privilege accounts offer all the features of Standard and Premium accounts, with the only difference being the spread. The choice of base currencies is also the same and includes EUR, GBP, and USD. The base currencies in which traders can register their accounts are not that many as they can only go for USD, EUR, limefx forex broker and GBP.

Lime Fx Main Features

I appreciated Lime Fx for developing the bulk of its research materials in-house. Its content is diverse and provides a basic explanation of current market trends and developments. However, the broker does not incorporate any third-party content, which is essential for affording its clients an additional perspective.

  1. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
  2. I quite appreciated that there is detailed personal info about market experts who lead the webinars.
  3. Clients of the brokerage firm can make use of MetaTrader 4, which is the most widely used platform on a global scale.
  4. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight.

The brokerage firm ensures that its clients get the best prices while trading forex as they are offered fixed and flexible spreads that start from 1 pip. Traders who create an account at Lime Fx are given access to 80 currency pairs, and counting, including some of the most commonly traded pairs like GBP/USD, EUR/USD, and USD/JPY. With its commitment to delivering state-of-the-art trading software and a seamless CFD-based trading experience, Lime Fx caters to the needs of both beginners and seasoned professionals. As a seasoned trader, I also appreciate everything offered here ranging from the forex, commodities, indices, and cryptocurrencies.

A CFD (Contract for Difference) offers the opportunity to traders to speculate on the price movement of different financial assets without owning them directly. With a CFD contract you agree to pay the difference between the opening and closing prices of an underlying asset. You can benefit if the price moves in the direction you limefx reviews have speculated, but you may incur losses if the price of the underlying asset moves against you. The broker provides education opportunities for total novices and traders who want to hone their skills, as its recently added Academy section contains lots of useful information. Last but not least, Lime Fx’s customer support department is up to the highest standards, as the agents are responsive and fully prepared to answer all questions you might have. Lime Fx allows its clients to use a number of time-efficient and convenient deposit methods like Visa, Mastercard, and Maestro-branded debit and credit cards, Neteller, Skrill, and Paysafecard.

This is a common practice to ensure compliance with anti-money laundering regulations and is in line with industry standards. While I appreciated Lime Fx for having invested time and energy to develop proprietary research content, such as its highly informative video breakdowns, a notable drawback is the lack of third-party content. The availability of more than one perspective is advantageous to the trader, who can compare the different vantage points. There is also a lack of a news screener, which traders usually use to stay on top of the latest market developments. MetaTrader 4 is easy to navigate because of its simplistic design. It could be argued that MetaTrader set the standard for how retail platforms should be organized.

How do I deposit into a Lime Fx account?

This platform is designed to provide traders with everything they might need in order to succeed while trading online, as it is incredibly easy to use, provides automated trading, and comes with a number of intuitive features. The time it takes to process withdrawals can depend on the chosen method and other factors, and traders should consider their individual needs and circumstances when selecting the most suitable option for their transactions. I performed my tests on a Standard Lime Fx trading account using the desktop and mobile app versions of the MetaTrader 4 platform. The account was opened with the Tradeco Limited entity of the broker. Some features and services may vary depending on where you reside and which entity you open an account with.

The brokerage firm undoubtedly stands out from the crowd with its premium-quality customer service, which is offered in more than 30 languages. There is also the added benefit of getting assistance around the clock. Lime Fx allows its customers to set up demo accounts and test their strategies and improve their skills using virtual cash. While creating their demo accounts, traders are allowed to decide between a great number of deposit amounts that start from $500 and can run into $5,000,000 at the most.

When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of the leverage. Essentially, the broker lends the trader money so that the latter can open bigger positions. The leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades. Assistance is available in a wide range of languages, including English, French, Spanish, Chinese, and Arabic, during business hours, Monday to Friday. MT4’s app suffers from the same underlying problem inherent to other mobile apps.

With Lime Fx, we offer a reliable platform, fast execution and solid trading conditions. Lime Fx is a multi-asset broker that is gaining prominence for its fast execution and low spreads. To give its clients the most out of their trading experience and cater to all levels of experience, the broker offers them a choice from several account types, including Cent, Standard, Premium, and Privilege.

InvestingBrokers.com is for informational purposes only and not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. We do not provide investment advice or solicitation of any kind to buy or sell any investment products. Trading carries a high level of risk and may not be suitable for all investors. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. My overall impression of Lime Fx is that its offering is sufficient for the needs of beginners but may fall short for seasoned traders. Lime Fx does not target residents of the EU where it is not authorized.

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