We have evaluated more than 400 forex brokers and Lime Fx scores well when it comes to trading fees. As well as priority support, market depth is stronger with multiple levels of liquidity at each price, offering useful information for high-frequency traders. Lime Fx does provide as many tradable assets as some other major forex and CFD brokers.
- There are no account minimums, enabling traders of all sizes to start their forex trading journey as they see fit.
- Lime Fx is a legitimate forex broker with a long-standing presence in the industry since 1999 and dozens of industry accolades.
- This also comes after the broker reduced its spreads by up to 54% on selected forex, stocks and other CFDs in 2022.
- I do note, however, that I had to enable hedging before I could make use of this strategy, though I did this easily by accessing my account settings.
- Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process.
- There is also an extensive FAQ page with sections for general questions, various product info, and trading information covering the majority of the enquiries you may have.
Lime Fx provides multiple trading platforms, including MetaTrader 4, Trading Station, NinjaTrader, and ZuluTrade, catering to different trading styles and preferences. Lime Fx offers 24/5 award-winning customer services with customer support contactable via live chat, email, phone and even SMS text message. If you wish to call Lime Fx, there are 42 country-based numbers one can call from. Lime Fx is especially proud of their own Trading Station II (not to be confused with another platform TradeStation). It was built based on the feedback from Lime Fx traders and trading data accrued from over 10 years to meet the needs of their clients. Lag time, which naturally occurs due to the time taken between placing your order and completing your order, can see prices change.
What is the minimum deposit at Lime Fx?
The addition of preloaded technical indicators and automated trading strategies means that more experienced traders will also find a lot of value in this platform. With that said, most retail traders will only regularly trade a small selection of currency pairs. For that reason, I don’t mark brokers like Lime Fx too harshly for the more limited offering – as long as your preferred pairs are on the list, you should be fine.
- Deposits by debit or credit card typically take 1 business day, although it can be less.
- Transparency gives their clients a level of assurance and trust that the broker is meeting the client’s expectations when it comes to trading.
- This explains why spreads are wider than commission-based accounts such as the Active Trader account.
- If you trade a notional amount of over $10 million per month, you qualify for a rebate for the trades you placed that is credited directly to your trading account the following month.
- If you prefer social or copy trade, then Zulu Trader might be your preferred choice of the trading platform.
- They serve as valuable resources for traders looking to make informed trading decisions and, in my opinion, stack up well against the analysis provided by similar brokers.
Forex Risk Disclaimer
Lime Fx offers competitive trading fees, including low spreads of 0.6 pips on popular currency pairs like AUD/USD. The brokerage also cut its trading fees by up to 54% in 2022, bringing it in line with other low-cost forex brokers. It offers competitive trading fees, a wide range of financial instruments, multiple trading platforms, fast execution speeds, and high-quality educational resources. Lime Fx offers competitive pricing with average spreads for popular currency pairs such as EUR/USD at 1.3 pips and GBP/USD at 1.8 pips. Active traders can take advantage of the Active Trader account, which provides access to elite pricing, dedicated support, API trading, and market depth via Trading Station. Lime Fx offers a decent selection of tradable assets, excellent pricing and high-quality customer service that few other online brokers can match.
Company Details
Most deposit methods take up to 1 business day to complete however bank wire can take 1-5 working days. Traders can access Lime Fx on the go using either the mobile-optimized version of the proprietary Trading Station platform or the reliable MT4 application. It is regulated by multiple tier-one financial authorities, including the FCA and ASIC, which adds credibility and oversight to its operations.
Trading Platform Screenshots
We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. This includes an economic calendar, live forex limefx website charts, and the latest market news. If you are looking for the best possible spreads, then Active Trader is the best choice. Spreads with Lime Fx’s active trader account are cheaper than they may appear when you compare with other brokers as Lime Fx offer lower commission fees.
Trading Platforms
Lime Fx list statistic regarding their performance when it comes to execution and slippage. Transparency gives their clients a level of assurance and trust that the broker is meeting the client’s expectations when it comes to trading. Lime Fx to deliver on the client’s requirement of fast order execution with no slippage, competitive pricing and no re-quotes. Lime Fx can be compensated in several ways, which includes limefx broker reviews but are not limited to adding a mark-up to the spreads it receives from its liquidity providers, adding a mark-up to rollover, etc. If you are a high-volume investor, then the Active Trader account may be for you.
These insights and summaries can be accessed through the Lime Fx website, trading platforms, or through specialized research tools provided by Lime Fx. The simulator also offers features like customizable trade sizes, various order types, and real-time charting tools to enhance the trading experience. Lime Fx offers leveraged trading on CFDs and forex, allowing traders to take advantage of small market movements. Opening a live forex trading account with Lime Fx is a quick and straightforward process. There are no account minimums, enabling traders of all sizes to start their forex trading journey as they see fit. Thanks to its combined offering of both Trading Station and MetaTrader 4 (MT4), Lime Fx delivers a reliable, feature-rich mobile experience for forex traders.