DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. If you have experience trading with https://limefx.group/ please share your personal review of the broker and what you think are strong and weak points. Trading according to the market analysis has really helped me increase my profit, for sure Lime Fx is really the main deal!!
- 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.
- I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability.
- Each demo account imitates real trading conditions, the only difference is virtual money is used.
- With respect to data security, Lime Fx uses standard data encryption, but it lacks 2-tier platform authentication and only requires a 1-time password for MT4.
Trade Cryptocurrency
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 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.
Trading using Expert Advisors is what…
They round out their services with a variety of professional accounts, introducing broker (IB) branding and a portfolio management program. They recently added cryptocurrency coverage to a broad selection of forex, spot, and CFD trading products. Earlier in 2018, Lime Fx announced a partnership with EmurgoHK to open a cryptocurrency exchange, but the launch date hasn’t been announced. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms.
Industry-Leading Trading Platform MT4
Traders should also consider potential third-party processing costs and currency conversion fees. Only verified trading accounts can deposit and withdraw, and the name on the payment processor must match the Lime Fx account name. Some payment processors have geographic restrictions, but the Lime Fx back office will only list the ones available to traders.
Trade Futures
Real accounts use instant execution with re-quotes, whereas STP/ECN accounts use market execution, so no re-quotes are involved. Lime Fx recently strengthened its educational tools by introducing the Academy. Home to a breadth of content presented in courses, webinars, videos, podcasts and eBooks, it offers a complete trading experience for traders of all levels. The software is considered one of the best in the industry, especially for forex trading.
Debt or Equity Investments
Withdrawals below $300 will have a fee of $55 per transaction. Lime Fx customers can choose from a good range of deposit and withdrawal methods. Lime Fx’s MetaTrader 4 trading platform is available via a mobile app for Android and iOS devices.
Easy to use and Navigate platform.
limefx forex brokers reviews clients can benefit from round-the-clock coverage delivered by one of the world’s largest and most accomplished global client coverage teams. The Lime Fx customer-centric model offers top trading functionalities through its platforms combined with the widest suite of products at the best pricing and execution. Daily market news feed and insightful research gives clients access to the best information and data to make informed trading decisions.
The broker is also holding the Iron Worlds Championship, a trading competition with a $1,000,000 prize pool. Lime Fx is an online, multi-asset broker best known for forex trading. Once registered, users can access the popular MetaTrader 4 (MT4) trading platform, flexible leverage and ultra-low spreads starting from 0.0 pips. This review will fully report Lime Fx’s offering, including exclusive deposit bonuses, demo accounts and fast deposit and withdrawal methods. Enter the world of trading and gain immediate access to over 500 trading instruments from 6 asset classes available on one single platform. Trade hundreds of CFD assets, including forex, shares, metals, futures, commodities and indices.
The free Lime Fx Research app allows clients to look at stock market data, financial viewpoints, and videos in an easy-to-use format. However, stale and outdated information undermines the app’s enormous potential, with the most recent entries going back several years in some cases. The “Live Economic News” showed up to date reports, but “Live Currency Quotes” produced a dead link.
The broker also provides email and telephone support on a 24/5 basis throughout the trading week in 45 different languages. 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. Preferred stocks offer holders different rights than common stocks. Holders of preferred stocks have priority in receiving dividends and in claiming assets in the event of business liquidation, than common stock holders.
Futures, or future contracts, give traders the opportunity to buy or sell an asset at a predetermined future date and price. We, at Lime Fx, give you access to CFDs on futures, which are considered the most liquid instruments. Empower your trading with Coffee, Natural Gas and Eurodollar, with fast execution and no requotes. Explore all opportunities futures provide and boost your trading strategies.