You can also trade stock derivatives on equities listed on 16 global exchanges. Both shares dealing and investing in stock derivatives qualify you for dividend payouts. Furthermore, 10 popular global market indices are available for trading via CFD. You can go long or short on these indices, capitalizing on the impressive leverage to trade larger volumes and magnify your profit. Lime Fx also lets you trade gold and silver CFDs and energy products, including U.S. Natural Gas, Brent crude oil, and West Texas Intermediate crude oil CFDs.
We are so pleased to hear your experience on Lime Fx’s platform. We are thrilled to hear you are happy with Lime Fx’s platform. This is especially important for traders who deal in local currencies and must consider the financial repercussions of converting to and from USD.
What are the typical spreads offered by Lime Fx?
Lime Fx has few competitors, including Vantage, Lime Fx and IC Market, which offer retail investors multi-asset CFD trading. However, the platform’s low trading cost arising from the tight spread, zero commission, zero withdrawal and deposit charges and swap-free overnight trading offers significant competitive advantages. Remember that specific regulatory standards and frameworks may limefx website vary among regulatory entities. For instance, the Investors Compensation Scheme protects European traders under the CySEC entity. The scheme allows them to claim compensation of up to €20,000 if the broker becomes insolvent. That said, all the entities offer negative balance protection, which ensures you do not lose more than you deposited in the brokerage during widespread market volatility.
It’s worth noting that Lime Fx’s primary execution venue is one of its own entities in St. Lucia. Lime Fx offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments. There’s no question – if Lime Fx wants to compete with the best MetaTrader brokers, it needs to make improvements in its range of products and its research and education. Lime Fx has made great strides with its pricing options for traders and its educational content, but suffers from a limited range of tradeable instruments. Lime Fx only charges internal mark-ups over market spreads, which start from limefx 0.6 pips or $6.00 per 1.0 standard round lot. It has no other notable fees and ranks among the best-priced brokers.
Select one or more of these brokers to compare against Lime Fx. Though it has been granted regulatory status in Cyprus and South Africa via an intermediary (Orinoco Capital), Lime Fx’s lack of additional reputable licenses heavily weighs down its Trust Score. Becoming regulated in more jurisdictions – especially in Tier-1 jurisdictions – will go a long way towards building trust with existing and prospective customers. Use our country selector tool to view available brokers in your country.
- Lime Fx presents traders with a competitively priced, commission-free pricing environment.
- That said, each of these trading accounts supports swap-free halal trading.
- Their market insights are consistently reliable, making them a preferred choice.
Lime Fx Customer Service
Regarding financing transactions, Lime Fx guarantees that traders get the full value of their capital flows by not charging deposit or withdrawal fees. Users of the Lime Fx App should anticipate a smooth transition from desktop to mobile, allowing them to research markets, make trades, and monitor positions at any time and from any location. With a highly customizable interface that accommodates the unique preferences of individual traders; it remains an accessible option for those seeking precision while dealing with various financial products effectively. This platform caters to a wide range of users, including both experienced professionals and novices seeking to gather practical knowledge. The Demo Account is designed to simulate real market conditions and is subject to a 30-day restriction to encourage diligent study.
Yes, negative balance protection is offered, ensuring customers do not lose more than their account balance under adverse market circumstances. Thanks to its compelling value proposition, its widespread acclaim among traders from all walks of life—from fledgling novices to veteran professionals—encompasses an extensive suite of trading products. The entire process can be completed quickly, often within a day, provided the necessary documents are readily available. Lime Fx doesn’t require a minimum deposit to open an account, a notable point in their favor. Lime Fx does a commendable job of offering educational and research materials to its users, though room for improvement and expansion still exists compared to some industry leaders. Incorporated into the spread, offering cost-effective trading for CFDs.
Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.
Lime Fx is powered by its own platform—Lime FxTrader, MT4, and MT5, which have a reputation for being some of the most profound trading platforms. MT4 represents the best choice for those who have just started trading. In comparison, MT5 features built-in tools for a deeper technical analysis and professional trading experience.
Tradable Instruments or Market
If there’s anything else we can assist you with, please don’t hesitate to reach out to us via live chat or email us at you for choosing Lime Fx, and we look forward to serving you even better in the future! Dear Revathy Ramalinggam, Thank you for your valuable feedback! We’re glad to hear that you find the convenience of making payments through Visa and Mastercard with short processing times helpful.
Trading Platforms
Lime Fx presents traders with a competitively priced, commission-free pricing environment. The EUR/USD starts as low as 0.6 pips or $6 per 1 standard lot, with an average cost of 0.7 pips. It is the same as commission-based brokers offering raw spreads of 0 pips for a commission of $6.
Platform tutorials
Lime Fx has improved its educational offering with webinars and live trading session recordings and expanded its educational articles and videos. I appreciated that it has begun producing videos on advanced topics, such as Elliot Wave trading. Lime Fx’s market research is well organized and varied in its content.
I have been trying to withdraw from Lime Fx and the answer i have been asking everyday is “our finance team is working on it.” There is no progress. I deposited my money the way i withdraw.I started an account with Lime Fx on 24 Sep and deposited on 24 Sep and $2500 on 25 Sep. Made a profit and came across reviews and decided to withdraw my money. However, they rejected and said my account is under investigation due suspicious activity. They have not given me an answer and did not answer my questions. It doesnt make sense when the deposits take minutes but the withdrawal take days.
Dear Vizicelo Jikwana, Thank you for sharing your positive experience with us! We’re thrilled to hear that you appreciate the swift payment methods and the simplicity of our platform. Dear DJ Mega Kel,Thank you so much for your positive feedback and for taking the time to share your thoughts with us.
It is higher versus many brokers but well within a reasonable range and justified by its products and services. Lime Fx offers a 50% bonus on each deposit, and a four-tier status program rewarding active traders. It also maintains a Trade & Win promotion, where each lot counts as a prize lot, redeemable for prizes.