You should take the security of your personal information seriously and check SSL encryption is enabled on the Lime Fx trading platform to protect you on PC and mobile Lime Fx platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Lime Fx web trading platforms. In addition, currency conversion fees may apply if the Lime Fx withdrawal and receiving currencies differ, adding to the overall transaction costs.
Lime Fx Compared To Other Brokers
We do not provide financial advice, offer or make solicitation of any investments. Lime Fx Group have a variety of fast and convenient deposit and withdrawal options. Providing options such as Skrill allows for faster transfers to and from trading accounts. To qualify for the free VPS, they will also take in to account any other trading accounts you may have registered that use the same email address. I would always prefer to trade with a regulated broker as it gives me the peace of mind that my funds are safe.
The trading model that they incorporate ensures that they are one of the best brokers that you can choose when it comes to favourable trading conditions, regardless of your previous experience or investment size. This combined with strong regulation and a human approach, makes Lime Fx Group one of the best trading brokers available to traders worldwide. I have had an account with them for many years and they’ve never let me down. You can choose from 3 different account types that provide flexible trading conditions to meet the needs of both beginner and advanced traders. The minimum deposit required is just $5 whilst you can choose between no commission accounts with marked up spreads or pay a $3.5 commission charge to get variable spreads starting from 0 pips. Leverage depends on the financial instrument traded and on client’s country of residence.
Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the Lime Fx trading instruments available and the regulations governing them based on your account holder, location, and chosen platform. Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee. Up to $5,000,000 is available in virtual credit and you can test strategies risk-free on any of the broker’s trading accounts. You cannot use an MT5 account on the MT4 trading platform, so make sure you create your MT4 account beforehand.
Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. 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). Read our full explanation and accounting of our research and testing process to learn more about how we test. Yes, based on your detected country of BG, you can open an account with this broker.
Their business model is built around the belief that execution is everything when trading. From my experience, execution can play a big part in your trading results, especially if using a scalping strategy. In terms of execution speeds, comparable brokers include IC Markets.
Overall, the broker is considered to be highly secure limefx official site and trustworthy, and this has increased the number of traders on the platform. As discussed in this Lime Fx review forex and financial traders trust Lime Fx as it complies with many regulatory standards. The mobile trading platform allows traders to gain access to multiple tradable assets, including forex, crypto, and CFDs. This is a great way to get feedback from industry professionals who know what matters the most to traders.
However, if you are inactive for 90 days, you will have to pay an inactivity fee of $15. Subsequently, you will be charged $5 monthly if this inactivity persists. I think it is important to conduct some form of fundamental analysis, rather than relying solely on market analysis with technical indicators. I like to combine both of them along with price action patterns for a more in-depth insight into what the current market situation is. Those of you with some experience will probably not find anything new here. In saying that, there are some unique trading strategies that I found inspiring and learnt some new things to implement into my own trading.
- This makes it versatile as it permits traders to use various styles of trading to maximize their gains.
- Lime Fx offers some of the lowest trading fees in the industry based on our assessment.
- Throughout our comprehensive Lime Fx review, we have covered a lot of ground and provided an in-depth analysis of the platform’s features and functionality.
- It proves Lime Fx’s continuity that has seen it bag many of these esteemed prizes.
- Visiting many broker websites, all of which have different language uses.
Assets & Markets
If you trade using MT4, your webtrading will be done on the Lime Fx MT4 webtrading platform. Lime Fx does not have a crypto funding method, which is a bit of a let down considering that many traders have crypto wallets these days. If you are one of those traders, Axi can be a good alternative if you are looking for a broker with crypto funding. The management team have hosted hundreds of seminars in over 120 cities to educate traders. They are a human company that put client satisfaction first which explains why they have such a high level of client retention and a loyal user base.
Lime Fx Deposit Fees
You can follow our link and check the Free Live Forex Webinars hosted by Lime Fx for yourself. These can be combined with the technical and market analyses provided daily. The market analysis includes trading ideas and a high quality research and education section on the website. If you are withdrawing to your domestic bank, you will be charged a fee for withdrawals above $200.
Is the Lime Fx Trading Platform Secure?
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The platform is highly user-friendly and provides a great search option. Lime Fx broker allows traders to use MT4 limefx broker reviews and MT5 platforms because it currently has no proprietary trading platform. You can use either of these two platforms, depending on the asset you are trading. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for.
Trade Lime Fx MetaTrader 5 WebTrader
There is a Learning Centre with regular webinars, as well as an extensive catalog of training videos, tutorials, and trading tips. However, there isn’t access to excellent third-party tools like Autochartist, available at alternatives like Pepperstone. Lime Fx uses a dynamic model, meaning the highest leverage is only available on lower equity amounts.