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Lime Fx are never charged any commission or fee for trading from their traders. However if we see its service like compatative spread and $0 commission for trading then we can forget fee. Lime Fx is a low-cost brokerage with no commissions and spreads that are generally competitive, especially on currency pairs.
- This customer-centric approach makes Lime Fx a solid choice for traders who prioritize responsive and professional support.
- It is an essential trading tool for all investors participating in online financial markets.
- Please note, some markets may only be available via CFDs or other derivatives.
- Lime Fx is a regulated broker offering diverse trading instruments, including CFDs, commodities, currencies, cryptocurrencies, and indices.
- MetaTrader uses its own programming language MQL4, which allows you to program your own automated trading robots.
- While the broker does not boast an extensive educational library, it offers enough material to assist traders in improving their technical and fundamental analysis skills.
Platforms & Tools
In addition to this, Lime Fx also offers the possibility to use the extended security algorithms of Public Key Cryptography. Information secured in this fashion is virtually impossible to hack in any short amount of time. The broker teases customers with decent customer support that we get through live chat, email, and phone calls. The global trader can easily communicate and get qualified help from the broker due to multilingual support, which in turn helps to improve the ratings of Lime Fx. The company has a license from at least one reputable regulatory body, such as the CySEC, and ensures compliance with industry standards and safeguarding client funds.
Inactivity Fee
Embedded tick charts are an extremely useful way to determine accurate entry and exit points. The above live prices are provided solely for informational purposes, not for trading purposes, and may be delayed. If you have traded with Lime Fx we would really like to know about your experience – please submit your own review. This average customer rating is based on 27 Lime Fx customer reviews submitted by our visitors. The international subsidiary, on the other hand, operates with limited oversight, and this holds the broker back from achieving a higher score. Lime Fx does slightly better with its educational content, which includes some basic e-books, articles, and a glossary of key terms.
As a broker regulated by CySEC, MiFID, and MISA, it complies with stringent industry standards to protect traders. Lime Fx utilizes two-factor authentication (2FA) to prevent fraud and secure accounts, adding an essential layer of protection for all users. Furthermore, the broker ensures that client funds are stored in Tier 1 banks, safeguarding these assets from potential risks. This commitment to security helps to instill confidence in traders who seek reliability and transparency. Lime Fx provides traders with access to a variety of research and educational tools designed to enhance trading knowledge and skills.
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Spreads/Commission in Forex
- Lime Fx offers traders a transparent fee structure with no trading commissions under its ECN XL account, relying solely on competitive spreads.
- Anyway, after reading some reviews I decided to give it a shot and signed up for this company.
- Using MQL4 you can build-up your own library of custom indicators, scripts and function database.
- It’s important to note that while using the VPS service, the client is responsible for the security of their VPS account and the safety of the data on it.
- Lime Fx offers a variety of convenient deposit and withdrawal methods to accommodate traders’ needs.
- Our broker ratings are also informed by the experience of our researchers during the evaluation process.
- Besides the very frustrating withdrawal charge, Lime Fx’s non-trading fees include a $5 inactivity fee charged after 120 days of dormancy.
Its regulation contributes positively to its ratings for credibility and security. Live Averaged Spreads and Commissions of Lime Fx Trading Broker Accounts. The company providing very good spread conditions with Commission $0. 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. This app comes equipped with sophisticated charting tools, including 30 technical indicators, 9 different timeframes, and 3 varieties of charts, ensuring a comprehensive trading experience. One of this platform’s biggest advantages is its support for automated trading via Expert Advisors (EAs), which have long been favored by algorithmic traders and which we feel are yet to be surpassed.
Compare Trading Instruments
Whether you’re trading major currency pairs or exploring commodity markets, Lime Fx provides the necessary tools and instruments to engage effectively in global financial markets. Lime Fx is a regulated broker offering diverse trading instruments, including CFDs, commodities, currencies, cryptocurrencies, and indices. Licensed under CySEC, MiFID, and MISA, Lime Fx provides competitive spreads starting from 0 with no limefx website trading commissions under its ECN XL account, making it an appealing choice for traders seeking low-cost options. Lime Fx offers a single yet versatile account type – the ECN XL account, designed to cater to both beginners and professionals.
Lime Fx works very well for intermediate and advanced forex day traders seeking high leverage and tight spreads from a ‘frill-free’ broker. This platform provides full trading functionality, charting tools, and technical analysis capabilities essential for both beginner and advanced traders. Lime Fx offers mobile trading apps compatible with both iOS and Android devices.
Trading varieties
Placing a trade is a quick and straightforward affair that can be completed in a couple of clicks via the ‘Market Watch’ window or even more smoothly by turning on one-click trading. It was simple to complete the demo registration process within the client portal with the benefit of not having to complete any identity verification requirements. This is a much limefx scammers larger virtual bankroll than almost every other broker we’ve tested, but makes sense given the very high leverage.
