Global Broker in Forex, Stocks, Indices, Oil and Gold

In this case, traders can choose to fund their account via bank transfer, credit card, or e-payments like Skrill and Neteller. Another specialty of Lime Fx broker is the availability of free (no fee) deposit and withdrawal options. In terms of trading instruments, Lime Fx is a well-known diverse class assets provider, varying from Forex, Crypto, Stock CFDs, Turbo Stocks, Commodities, Equity Indices, Precious Metals, Energies, & Shares. Lime Fx prides itself to be the ideal broker in trading execution, offering a stat of 99.35% orders to be executed in less than 1 second.

What we advertise is what we give our clients, regardless of the size of their investment. In abrief summary, market orders are filled right away at the current marketprice while pending orders let buyers choose when to buy and sell, and stoporders help manage risk by placing an order when the price reaches a certainamount. Lime Fx shows its partners howmuch it appreciates their hard work in promoting the business by giving thempoints based on how much their suggested client’s trade. Lime Fx gives new and currentclients different trading bonuses that give them additional capital andconfidence.

Lime Fx Fees

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. limefx scammers 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.

Lime Fx offers mobile trading for all its trading platforms, and our clients can download the matching application of their platform of choice for both Apple and Android devices. Clients who need the freedom to trade in multiple asset classes, are recommended to choose the MT5 family of trading platforms, which also gives them access to the Lime Fx WebTrader. A multi-asset trading platform is a trading platform that allows clients to trade not only in forex but also in other asset classes including stock indices, metals or energies. Different brokers use different names for trading accounts, offering different trading conditions for each.

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You just need to open an account with the correct entity to be eligble for this. It’s essential to thoroughly research and educate yourself on any asset class you choose to trade. Additionally, consider starting with a demo account to practice trading without risking real money until you feel confident in your abilities. As a beginner, it’s generally advisable to start with assets that are more straightforward and easier to understand. First, Forex (foreign exchange) is often considered a good starting point for beginners due to its simplicity and the availability of educational resources.

All instruments are available to trade from the same trading account on 16 trading platforms which makes your trading easier and more efficient. Lime Fx boasts competitive fees with low spreads and no maintenance or deposit/withdrawal charges. The broker’s transparent fees and varied account types offer flexibility to orders.

1. By the end of this review, you’llhave a good idea of whether Lime Fx is the right brokerfor your forex trading goals.
2. Since Lime Fx does not offer traditional futures contracts trading, it’s important for traders to understand the distinction between CFDs and futures and to ensure that the broker’s offerings align with their trading goals and preferences.
3. Psychologically speaking, this affects your trading decisions, as well as your reaction to virtual gains and losses.

For their global approach, Lime Fx has ensured that traders from various countries could access their service easily. This results in the provision of different domains specified for traders in certain jurisdictions. Lime Fx offers a transparent fee structure that traders can consider when evaluating their trading costs. In evaluating trust and safety, Lime Fx’s strong regulatory framework, fraud prevention measures, client fund security, and emphasis on risk management contribute to its reputation as a reliable and secure broker. Traders can have confidence knowing that their investments are protected and that they are trading with a broker that operates under the supervision of respected regulatory bodies. The decision about which platform to choose is clearly based on what a client would like to trade.

Order Types

Lime Fx Broker supports both MetaTrader 4 and MetaTrader 5 platform that offers state of the art technology, simple to use, and user-friendly interface. They offer trading versatility since both applications are available through a wide range of devices, from installed software on a PC, WebTrader in a web browser, to mobile devices. Lime Fx Broker provides 24-hour phone, email, or online chat customer service from Monday to Friday in 30 different languages. This wide language support made nearly everyone to engage in easy and secure communication with Lime Fx’s dedicated support team.

While industry-standard fees include overnight funding and currency conversion, the inactivity fee may concern less active traders. Overall, Lime Fx’s user-friendly fee structure and competitive spreads make it attractive to traders. They earn from spread variations influenced by market conditions, liquidity, and currency pairs. Lime Fx offers tight spreads, with three account types catering to different preferences.

You will receive a margin call warning once your account equity plunges below 50% (the required margin to open positions). Margin call warning is a notification mechanism, to inform you that your trading account lacks the required equity to maintain trading positions. To give their clients the best experiment in trading, Lime Fx has given access to both MT4 and MT5 platforms, each is available for more than 6 display formats (PC, Mac, Multiterminal, WebTrader, iPad, iPhone, Android, and Android Tablet). This limefx website hopefully helps you to find an insight to decide whether you need to open an account and start forex trading with Lime Fx broker right now.

At Lime Fx, clients have the choice to select the MT4 family of platforms or the MT5 family of platforms. In forex trading, minor currency pairs or crosses are all currency pairs that do not include the USD on one side. Due to all the above, and not limited to the above, the forex trading market is today the world’s most liquid and most volatile market, with over $5 trillion traded daily. With these differentaccount choices, Lime Fx meets the different needs andpreferences of traders and makes sure that traders from diverse backgrounds andwith different trading strategies can trade in a hospitable environment. Withso many CFD instruments to choose from, Lime Fx gives traders thechance to diversify their portfolios and take advantage of multiple market opportunities.

Participating in the forex trading market via a broker like Lime Fx means that the client receives access to real-time pricing of the forex market and is quoted buy and sell prices for a number of instruments via an online trading platform. The client has the freedom to decide at which price they decide to buy or sell, and vice versa, and can execute a transaction at any time they wish. At Lime Fx, clients can choosewhich currency they want to use as their account base. This lets them deal inthe currency they prefer, and it also gets rid of the need to pay fees forchanging currencies and makes dealing easier. Furthermore, Lime Fx offers free wiretransfers for amounts over $200, making it easy for traders to gain access totheir money without spending a lot.

I know that I don’t always want to wait for days for my funds to clear, especially if there is some major market news that I need to act quickly on to try and take advantage of it. Lime Fx Group has over 450 employees with customer service in over 30 languages available 24/5. Well, in my opinion, 24/5 support is enough as long as they don’t provide cryptocurrencies trading (which is the only market opened 24/7). This is great for those of you who are fans of auditory learning methods and perhaps less boring than reading complex trading guides. The Lime Fx calculators allow you to make accurate assessments at the right time to make the most out of your trades. The all-in-one calculator, the currency converter, the pip value calculator, the margin calculator and the swaps calculator are available to help you evaluate your risk and monitor profit or loss for each trade you carry out.

They are also regulated with the International Financial Services Commission of Belize (IFSC) and the Dubai Financial Services Authority (DFSA). These factors combined with a no-requotes and no extra commissions policy ensures that Lime Fx Group are amongst one of the best trading brokers you can trade with in my opinion. Since I became a pro trader, I believe that fundamental knowledge and risk management are not to be underestimated.