Clients can also access free live trading signals and technical analysis tools through Lime Fx PLUS, an exclusive live account portal designed to enhance the trading experience. For beginners, Lime Fx offers a demo account stocked with £50,000 in virtual money, allowing users to practice and develop strategies risk-free. Jay and Julie Hawk are a married financial writing and authorship team who co-founded TheFXperts, a notable financial writing services provider.
Fees & Commissions
Still, this leading online broker ranks highly among its competitors due to its impressive number of platform choices, quality research, helpful educational resources and tight dealing spreads. The broker’s proprietary Trading Station platform is available for iPhone and Android mobile devices. The app features a simple, intuitive interface for entering orders and receiving confirmations, as well as powerful trading tools and charts with access to research. Lime Fx also supports the popular MetaTrader4 trading platform, so you can download the MT4 mobile app that is also available for iPhone and Android. You can choose from among several excellent trading platforms and can access copy trading through Lime Fx’s social trading platform and automated trading via Lime Fx Apps and MetaTrader4 (MT4). If you want to trade assets other than forex, Lime Fx also offers CFD trading in shares, metals, oil, commodities, indices and cryptocurrencies.
A bank wire deposit can take 1 or 2 business days for domestic transfers and 3-5 business days for international ones. The minimum deposit for debit/credit cards is $50, with a maximum of $10,000 per transaction or up to $20,000 per calendar month. The average spread for EUR/USD is 1.3, and users can view an updated list of average spreads on the “Spread Costs” page.
Our Global Footprint
This process involved existing holdings and U.S. clients being reorganized under Global Brokerage, a company with an ownership interest in Lime Fx. In late 2017, Global Brokerage filed for Chapter 11 bankruptcy, but Lime Fx Group is not involved. Other than the issues with former U.S. clients, Lime Fx has not faced any other investigations or issues in recent years. Overall, the platform is recognized for its support of over a dozen languages, ease of use, and strong reputation. The amount you withdraw to a debit/credit card cannot exceed the amount originally deposited.
Trading Station Mobile
Lime Fx limefx forex broker has a knowledge section that consists of research or market analysis tools and education. All CFD option is commission-free, which means costs are included in the spread. When making a deposit into your account with a credit card or debit card (Visa or MasterCard) there is a minimum of $50 per deposit and a limit of $30,000 per month for all Lime Fx clients.
Platforms & Apps
- However, success in forex trading depends on various factors such as market conditions, trading strategies, risk management, and individual trading skills.
- Trading with Indices allows you to reduce the risk of your exposure when trading volatile instruments.
- The app features a simple, intuitive interface for entering orders and receiving confirmations, as well as powerful trading tools and charts with access to research.
- At Lime Fx, speed of execution is recognised as being vital for our clients and we are committed to continuously obtaining the best possible outcome for client orders.
- Stratos Global LLC (“Lime Fx”) is incorporated in St Vincent and the Grenadines with company registration No. 1776 LLC 2022 and is an operating subsidiary within the Stratos group of companies.
- The minimum deposit for a live account is 50 of the account’s base currency, which is relatively low and attainable for both beginner and more experienced traders.
- This is Lime Fxs offering to all clients who don’t qualify as an Active Trader.
Withdrawals via cards do not have fees, but there is a $40 fee for bank wire withdrawals. This also tends to be the quickest method, taking about 3-5 business days. Founded in 1999, Lime Fx has grown to become one of the leading providers of online trading services in the industry.
- When I placed my own trades, I found that the execution speed was as fast as the broker advertised.
- The broker advertises average execution speeds of 0.018 seconds, which makes them very competitive.
- You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- Our priorities are largely determined by what our clients want to trade and what additional tools they want to integrate to our platform.
- The most important of which include regulatory credentials, the accessibility of accounts, coverage of the forex market, the quality of trading tools, and the competitiveness of fee structures.
Stratos Global LLC (“Lime Fx”) is incorporated in St Vincent and the Grenadines with company registration No. 1776 LLC 2022 and is an operating subsidiary within the Stratos group of companies. Lime Fx is not required to hold any financial services license or authorization in St Vincent and the Grenadines to offer its products and services. Through our dedicated global 24/5 customer support and individual client feedback, we aim to ensure that we are constantly building a better brokerage for our traders.
To assist with these strategies, the platform includes equity and balance charts, trade histories, detailed performance summaries, and visual representations of the trades plus a strategy optimizer. You can also use one of the specialty platforms that can be completely integrated, including Quantconnect, MotiveWave, AlgoTerminal, AgenaTrader, StrategyQuant, SierraCharts, SeerTrading, and NeuroShell Trader. These are all best for advanced traders due to the limited information available on their use.
Unfortunately, Lime Fx is unavailable to U.S. traders at this point in time. Learn more about FOREX.com powerful trading platform and how you can get started today. Lime Fx provides customer service via toll-free numbers around the world in 42 countries in North and South America, Asia, the Middle East and Europe. The broker’s multilingual phone service and the live chat limefx forex brokers reviews feature on its website are available 24 hours a day, 5 days a week. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor.
ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. Yes, Lime Fx is a regulated broker in the UK, Europe, Australia, and South Africa, adhering to strict standards. Their global reach and regulation provide a high level of safety and security for traders. The range of markets available with Lime Fx is quite broad however you can find other brokers that offer more choices for each financial instrument.