Autochartist provides real-time trade setups for beginner and experienced traders alike. MetaTrader 4 and MetaTrader 5 are the world’s most popular forex trading platforms offering 60+ currency pairs along with a wide range of metals, commodities, and indices from global exchanges. Those who wish to become part of the Cryptocurrency revolution can trade Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin. Lime Fx, founded in 2005, is a prominent forex and CFD broker known for its commitment to providing high-quality trading services. With a solid foundation in low-cost trading and continuous improvements in services and platforms, Lime Fx continues to be a preferred choice for traders globally.
A Versatile Broker for Discerning Traders
Likewise for withdrawals, the range of methods, speed of processing, and absence of fees are better than the industry average. Lime Fx does not apply any fees for deposits/withdrawals, however, in some case,s the payment providers may apply fees. I tested Lime Fx customer service with dozens of queries, ranging from platforms to fees and account-related issues.
Professional charting and analysis are available
Market sentiment data indicates the percentage of client accounts that are long (buyers) or short (sellers). The information is collected from all available cTrader servers across multiple brokers. CTrader is a platform with an intuitive interface that can cater to day https://limefx.vip/ traders, scalpers, and advanced/algorithmic traders.
However, IRESS accounts usually charge a small percentage of the fee for processing your deposit. It also makes sense due to the fact that IRESS accounts require a large amount of deposit compared to MT4 and MT5 accounts. As has been mentioned above, this still depends on what type of payment channel you choose to use.
A quality FAQ section answers many questions, and most traders may require additional assistance only during emergencies. Here is a screenshot of a live Lime Fx MT4 trading account during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads. Comparing trading costs is challenging, with many variables impacting the final fees. We evaluated the spreads of the EUR/USD, gold, the S&P 500, and WTI crude, four of the most traded assets, available at all brokers. No, Lime Fx is ASIC-regulated in Australia but does not have NFA/CFTC approval and is not configured to accept US persons as clients. Explore the best forex brokers in the USA legally available to US clients.
It has auto-open & close positions, advanced tools, and advanced functionality. With direct access to liquidity providers and no dealing desk intervention, traders can benefit from the truest market prices. Additionally, cTrader supports algorithmic trading and offers robust risk management tools to protect traders’ investments. Its compatibility with multiple devices allows trading on the go, making it a versatile choice for both novice and experienced traders.
They also provide Direct Market Access (DMA) share trading through the IRESS platform. IRESS is valued by active stock traders for its Direct Market Access (DMA) to global exchanges making it well-suited for equity and share trading. It is tailored towards experienced traders due to its extensive features and higher costs. The Standard account is designed for beginners and intermediate traders, offering commission-free trading with competitive spreads from 1.0 pip for Forex and Metals. Furthermore, Lime Fx are under strict regulation and operate in a transparent manner which gives investors peace of mind they are using a trusted broker. Client funds are held with AA rated Australia Banks and are held in segregated accounts away from company’s own funds.
What is the minimum deposit for Lime Fx?
Lime Fx offers 2 bonds i.e US 10 YR T-Note Futures(US10YR) & UK Long Gilt Futures (GILT). Traders can benefit from credit upgrades and bond yield because of low volatility and fewer risks. The income is fixed and already predictable making the bond investment an attractive opportunity for traders. Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker.
If you are considering joining the Lime Fx community, here are the simple steps to setting up an account and getting started. Social Trading is the process in which traders learn about the trades of professional traders and their strategies, and analyze the performance of those trades using statistical data. For opening an account on the desktop trading platform, the following steps are to be followed. Lime Fx charges no fees for processing bank wire transfers, but for other methods of withdrawals, the intermediary fee is charged by the financial institutions. A broker is trusted by its clients only when its actions are reviewed and regulated by a regulatory body. Lime Fx complies with stringent regulations to ensure investor fund protection.
Founded in 1989 and headquartered in London, CMC Markets is one of the industry’s longest-established online brokers. The company is publicly listed on the London Stock Exchange with a market capitalization of approximately £700 million as of 2024. CMC Markets reported serving 89,978 active clients as of limefx courses scam its latest financial reporting, generating £290.5 million in net trading revenue for the 12 months ending March 31, 2024.
- If you live in Australia, you also have the option of opening an IRESS trading account.
- Lime Fx offers the Iress platform suite for share trading, but MetaTrader, cTrader, and TradingView are its primary platform options for forex and CFD trading.
- All you need to do is to fill up the Trading Application Form on the official website of Lime Fx.
- Below in this review, you will find a step-by-step guide to opening an account on the mobile trading app.
- They offer services to traders around the world and are overseen by several financial regulators in different countries adapting to different rules and requirements.
- For certain CFDs and Equities, they offer Direct Market Access (DMA), allowing real-time access to live market prices straight from exchanges.
Where is Lime Fx based?
- The MetaTrader suite provides traders with all the tools necessary to conduct both fundamental analysis and technical analysis.
- Without the need to download anything at all, MetaTrader WebTrader gives you access to the same range of instruments that Lime Fx offers on the desktop version for demo and live accounts.
- This accessibility, coupled with the availability of personal account managers for specific accounts, ensures traders have the support they require.
- Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry.
If you are a forex and CFD trader looking for a trusted broker, Lime Fx can be an ideal choice for your trading journey. However, We always encourage traders to test brokers with a demo account or with a small deposit. Once you are satisfied with the trading conditions of the broker, you may proceed with real trading. Lime Fx provides multiple trading platforms, including MT4, MT5 and cTrader, each supporting a variety of languages to accommodate its global clientele.
Australian clients remain shielded from potential damages by the Scheme for Compensation for Detriment caused by Defective Administration (CDDA Scheme). In the world of online trading, having options is key to finding the right fit for your unique needs and preferences. While Lime Fx has amazing features for an exciting experience, it might not fit your trading requirements. With this comprehensive table, you can explore alternatives to Lime Fx and determine which broker aligns best with your trading goals. The combination of advanced encryption measures and the supervision of multiple regulatory authorities makes Lime Fx a reliable and secure choice for traders. Lime Fx also demonstrates a strong commitment to regulatory compliance.
Lime Fx Customer Support Test
The online account opening process remains straightforward, but Lime Fx collects more data than some other brokers. It does offer traders to complete the first step via a Google or Facebook account. The application grants access to a clean back-office, from where traders can manage all their trading accounts and financial transactions.
Lime Fx have some of the best trading conditions with tight spreads, low fees and reliable execution speeds. Whatever your previous trading experience or investment size, they welcome all trading strategies and traders from all different backgrounds. Lime Fx has a good reputation among traders and has won multiple awards for its services.
Overall, I believe Lime Fx is a good choice for advanced, high-volume traders, thanks to the advanced features available. This includes Direct Market Access to specific trading instruments, a VPS option, and EAs (Expert Advisors). “Lime Fx” proves its legitimacy in its reputation and credibility through its products and services. We can say that this broker is worth our trust and gives its best to support its clients to be successful in the trading industry. The firm offers markets to trade that include CFDs across forex, equities, indices, commodities, futures, and cryptocurrencies.
Plus, the broker features a user-friendly standard account and charges low fees for an exciting trading experience. You also have access to its demo account — a perfect platform to gauge your skill level free of charge. Lime Fx earns our admiration for its web and mobile trading platforms, making them a recommendation for traders of all levels. The standard platform is so user-friendly that even beginners can set up a trading account without needing extensive guidance. What’s even more appealing is the intuitive design of these platforms, ensuring smooth navigation for traders. We also liked the fact that Lime Fx features social and copy trading platforms, which we highly advise you to take advantage of and enhance your trading experience.
Lime Fx delivers a very competitive commission-based alternative with raw spreads of 0.0 pips for a commission of $6.00 per round lot. Commodities, indices, and cryptocurrencies remain free of additional costs, which remain included in the markup. Equity CFDs and DMA traders face a fee between 0.06% and 0.30% with a minimum of $10 or a currency equivalent.
