Categoria: Forex Trading

Lime Fx is a globally renowned online securities trader that best describes itself as a deep discount brokerage house. The brokerage was launched in 2006 in Washington DC by Success Trade Securities. Currently employs over 1200 employees and maintains offices in over eight countries including the United States, China, and the United Kingdom. In this broker review, we vet its reliability and look at how trimmed trading costs have affected this deep discount broker’s effectiveness and competitiveness.

PLATFORMS

Different account types are available for different trader types. For traders that wish to only trade limefx CFDs and FOREX pairs, there’s a dedicated account. Stock traders will also find a suitable account, but let’s dive deeper and uncover more details. We have been fairly impressed with the customer service provided.

• Additionally, Lime Fx offers a few mobile apps, including an advanced app for iOS and Android devices and a swipe app.
• Our testing of Lime Fx also shows a good range of supported base currencies, including EUR and USD, making this broker accessible to global traders – removing potential conversion fees.
• You may fund the account via ACH, wire transfer, or account transfer.
• Lime Fx recently improved its demo trading environment with enhanced features, making virtual trading on it more aligned with actual market conditions.
• We are also disappointed by the deposit and withdrawal fees, which can be avoided at other forex brokers we use.
• Instrument-specific insights delve deeper, offering granular perspectives on particular trading instruments, amplifying clarity in decision-making.

What Are Lime Fx Broker Account Types?

Lime Fx has also won multiple awards, including the worldfinance.com award for Best Customer Service 2022. The Bullish Bears team focuses on keeping things as simple as possible in our online trading courses and chat rooms. We provide our members with courses of all different trading levels and topics.

Is Lime Fx a good broker?

Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications. Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria. Forex, binary options, cryptocurrency, and CFD trading on margin involve high risk and are not suitable for all investors and traders.

Comprehensive Assistance for Traders

Our research shows that the MT5 Global account is best for experienced traders. Account holders get tight spreads with a very low commission rate, plus access to the powerful MetaTrader 5 platform. Each account type offers unique features tailored to different trading needs, ensuring that traders can find the most suitable conditions for their style and experience level.

• Overnight funding fees and other transaction charges, require detailed understanding on the Lime Fx platform.
• Trading contains substantial risk and is not for every investor.
• Our vast portfolio encompasses stocks, currencies, options, futures, CFDs, bonds, and cryptocurrencies, ensuring our clients have diverse investment opportunities.
• The daily deposit limit is set at $100,000 and withdrawals capped at $25,000.
• Meanwhile, the MT5 Global account offers 0.0 pip spreads with an even lower commission of up to $2.

Forex trading fees work using spreads to eliminate additional commissions or fees. They also ensure traders get a straightforward trading environment. The broker’s trading fees are competitive, making limefx review it appealing to both novice and experienced traders. Lime Fx is a front-runner among the diverse online brokerages on the market.

Trading fees on commission-free accounts start from 0.5 pips, which is lower than what most competitors are offering. The broker provides access to trading major, minor, and exotic currency pairs. Our UK team takes a methodical approach to reviewing online brokers. Our experts also factor in their hands-on testing experience into broker ratings. Lime Fx ensures its traders have a robust set of tools at their disposal. The broker also offers a range of trading platforms, like the renowned MetaTrader 4 (MT4) and MetaTrader 5 (MT5).