Other standout features include the broker’s comprehensive educational offering and swap-free trading on all instruments. With Lime Fx, you can trade a total of 300 trading instruments, including 52 Forex pairs and 277 CFDs, covering indices, commodities, and cryptocurrencies. Using Lime Fx allows clients to trade in micro and mini lots on its platforms, which is particularly beneficial for new traders or those seeking a more cautious approach in their risk-management strategy.
- Lime FxVision is an AI-powered tool that provides custom trading analysis and feedback.
- Lime Fx is best suited for both beginner and intermediate traders due to its easy-to-use platform, educational resources, and low minimum deposit requirement.
- From the Lime Fx app, users can open positions in the Lime Fx account as well as in MT4 and MT5, which can also be done using those specific applications.
- MetaTrader 5 (MT5) is an advanced trading platform offered by Lime Fx, providing enhanced charting tools, additional timeframes, and more order types compared to MT4.
- To open your first Lime Fx trading account, sign up and follow the instructions.
Lime Fx does not charge for most deposits and withdrawals, although third-party providers may impose fees. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services limefx forex broker industry while assisting in the production of content. At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). Lime Fx is an up-and-coming broker that has been in operation for nearly 10 years.
Futures Fees
- ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry.
- I also pored over Lime Fx’s legal documents, which are readily available, and determined that everything was in order.
- Spreads start from 0.6 pips on all platforms, providing a cost-effective trading environment for every account type.
This situation requires clients to place more trust in Lime Fx itself than in its regulators, as these regulations are more focused on preventing terrorism and money laundering than on execution-related issues. Lime Fx provides a variety of educational resources aimed at enhancing trading skills. These resources are crucial for developing a solid foundation in trading principles and practices.
We send a letter with a trading password for each of them to your email—just like with the real ones. Demo accounts have $5,000 by default, but you can claim up to $1,000,000 in virtual money and add more later. A demat account is a digital storage mostly used by Indian investors to hold securities in virtual form.
Research Tools
Lime Fx offers trading accounts denominated exclusively in US Dollars (USD). Lime Fx Copy is a user-friendly copy trading app designed for effortless Forex investing. Without needing expert knowledge, users can follow seasoned Master Traders, mirror their trades, and earn passively, while retaining full control over risk and performance.
While it doesn’t provide third-party research, the in-house content is more than sufficient for keeping up with market movements. I appreciated that the app is packed with advanced market analytics, helping traders spot potential opportunities even on the go. I also like how Lime Fx caters to beginners by integrating past webinars directly into the app. In my estimation, Lime FxTrader is a great fit for technical and day traders looking to scoop the next best trading opportunity, thanks to featured trading signals and market breakdowns.
Scalpers with Lime Fx can benefit from the MetaTrader 5 platform, which features a decent range of scalping tools, such as 21 timeframes, Depth of Market (DoM) trading, floating stop orders, and one-click trading. Whether you trade occasionally or are actively involved in the markets, Lime Fx provides various tools to limefx review follow any trading style and achieve any specific goal. All websites and web-based platforms are tested using the latest version of the Google Chrome browser.
This extensive selection of instruments makes Lime Fx a versatile platform for traders seeking to explore different markets and strategies, offering flexibility and potential for profit in various asset classes. The Pro account at Lime Fx is designed for more experienced traders, offering tighter spreads and zero commission fees. This account type provides access to both the MT4 and MT5 platforms, allowing traders to utilize all the tradable instruments available at Lime Fx. With its enhanced trading conditions, the Pro account caters to those seeking a more advanced trading experience, combining lower costs with full access to the platform’s diverse range of financial instruments. Lime Fx provides low-cost trading with spreads as tight as 0.4 pips for major currency pairs, making it an affordable choice for many traders. The broker offers commission-free trading on its Standard accounts, which is ideal for casual traders looking to minimize costs.
