However, the corresponding disadvantage is that you are exposed to price discrepancies in the form of negative slippage. I received a rather terse explanation that Lime Fx averages speeds of under 50 milliseconds on most orders, without any further context. I had expected to learn more about the total number of trades that were tested over the previous year, the percentages of trades that resulted in positive and negative slippage, etc. You have your watchlists, indicators, and other tools on the left side of the window, a chart screen on the right, and account info at the bottom. Round-turn means that half of the commission ($9 in the first case and $5 in the second) is charged when a position is opened, and the other half is then charged when the position is closed. A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates.

Platforms and Tools

These e-books cover a wide range of topics, from understanding market mechanics to developing effective trading strategies. Traders can download these resources and refer to them at their convenience, building a strong foundation in trading knowledge at their own pace. Lime Fx offers a loyalty program for active traders, where clients can earn points based on their trading volume. These points can be redeemed for various rewards, such as cashback, trading bonuses, or exclusive gifts. The loyalty program is designed to reward consistent and high-volume traders, providing an additional incentive to remain active in limefx company reviews the markets. If you are new to trading online, then you will be pleased to find a demo account option.

Lime Fx only offers MT4 on a mobile trading platform, but it is available for both Android and iOS. Lime Fx offers accounts denominated in GBP, which means that UK residents will not have to pay currency conversion fees. New traders at Lime Fx can take advantage of a generous welcome bonus, which provides additional funds based on the initial deposit. This bonus is designed to give new clients a strong start in their trading journey by increasing their available capital. Specific details of the welcome bonus, including the percentage and maximum bonus amount, may vary, so traders should check the Lime Fx website for the latest offers and terms. Additionally, researching what the MT4 platform offers in terms of features and tools will help in making an informed decision.

Start using MetaTrader4 with Lime Fx

• Lime Fx prides itself on creating a revolutionary online trading environment, granting extensive access to a broad and versatile array of trading instruments spanning six asset classes.
• Minimum EUR/USD spread is listed at 0.7 pips while average spread is listed at 1.2 pips.
• Lime Fx charges a fixed commission on two of its account types – Live Zero Fixed and Zero Spread.
• DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence.
• Participants can ask questions in real-time and gain practical insights into improving their trading performance.
• Where many brokers only offer a few accounts, Lime Fx have a great range of different trading accounts to cater to the needs of many different styles of traders.
• Lime Fx are renowned for their high-quality trading execution which they consistently look to improve by investing in technology advancements.

Lime Fx opened for business in Cyprus in 2010 and has now expanded into more than 180 countries. In addition to EU regulation through the Cyprus Securities and Exchange Commission (CySEC), they are licensed as a registered investment firm in the United Kingdom, Australia, and South Africa. Lime Fx has closed down operations in China, Russia, and Nigeria in recent years, focusing client development in more traditional venues. Try our exclusive STP Zero Spread account and enjoy spreads as low as 0 pips. Get ready to stay ahead of the curve with limefx broker reviews our regular updates designed to help you make informed trading decisions.

With its headquarters in Cyprus, the broker provides both ECN/STP and Market Maker execution types, catering to traders of all experience levels. A standout feature is the low trading fees available in the Absolute Zero account type, which offers raw spreads from 0.0 pips and minimal commissions. Lime Fx’s competitive trading environment, coupled with comprehensive educational resources for beginners, positions it as a strong choice for traders seeking an industry leader with favorable conditions. Lime Fx offers the widely acclaimed MetaTrader 4 platform, renowned for its user-friendly interface and comprehensive features, accessible on various devices and online through MT4 WebTrader.

Forex Educational Articles

• The clear advantage of this model of execution is that with it, you are guaranteed entry, in that your order request will eventually be filled once there is enough liquidity.
• I thus found them quite useful for both beginners and experienced traders.
• Email address and phone numbers are provided for satellite offices in Cyprus, South Africa, and Australia, allowing local contact.
• My tests indicate that Lime Fx’s floating spread accounts are slightly more competitive than the fixed spread alternatives in normal market conditions.
• Furthermore, the charitable work they do is very commendable and good for the community.
• You can trade a great selection of over 300 financial instruments with a wide variety of account types to choose from, spreads as low as 0.0 pips and support in over 30 languages.

Overall, because of its strong regulation with some of the best international, a long history of responsible behaviour, and wide industry acclaim, Lime Fx is considered a safe broker to trade with. There is a wide range of stock, commodities and futures available for trading. Notesco Financial Services Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). Lime Fx received numerous awards for various aspects of its competitive trading environment. I want to caution beginner traders when using demo trading as a simulation tool, and they should consider the limitations.

Lime Fx’s Trading Fees

Lime Fx provides a range of futures contracts with competitive trading conditions and access to advanced trading platforms to support futures trading strategies. Founded in 2010, Lime Fx has grown into a leading Forex and CFD broker, serving over 1.5 million clients from 180 countries. Renowned for offering the trusted MetaTrader 4 (MT4) platform, Lime Fx is regulated by top authorities, including the FCA and FSCA.

It also provides a comprehensive range of research and educational materials. The broker lists an impressive variety of well-documented account types that cover nearly all trading styles and objectives. Clients can choose between two types of floating and an equal number of fixed accounts that offer different spread schedules and fee structures. Several account types allow retail clients to bypass Lime Fx's dealing desk, which carries a systematic conflict of interest, and trade directly with the interbank system.

Automated Trading (EAs)

Lime Fx offers a range of account funding and deposit methods, including local bank transfers, debit cards/credit cards, Bitcoin payments, and various eWallets. Deposits are free on all funding methods and are processed within 24 hours, which is around the industry average. However, it takes 48 hours on average for Lime Fx to process withdrawals, which is longer than most other brokers. Lime Fx charges admin fees on some withdrawal methods in addition to a fee of 50 USD for bank transfers under 300 USD. In most cases Lime Fx’s trading costs are built into the spread – though the Zero Fixed Account and ECN Zero Spread Accounts carry an 18 USD commission in exchange for spreads of 0 pips on the EUR/USD. Additionally, it should be noted that the average trading costs at most other brokers tend to be 9 USD or lower.

I also like the Lime Fx fractional share dealing, which is excellent for smaller portfolios. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. Lime Fx is a strong all-round broker with a reliable platform, low fees, high leverage, and a selection of welcome bonuses. Traders can also get started with a $100 minimum deposit while the Lime Fx.com group has good reviews from other users online. Note, the broker is planning to introduce MetaTrader 5 (MT5) to its platform offering, which will bring more advanced analysis tools and trading features for experienced traders.

For example, a long position on gold would generate a profit as the price rises or incur a loss as it falls. One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative. The mobile app affords traders quick and easy access to the market on the go. I checked the usability of the mobile app version of MT4 by testing how long it would take me to do just that. In just a few seconds, I was able to log into my account, go to my open orders, and adjust the parameters (move the stop-loss) of a trade.

An extensive website section is devoted to trader education, which makes Lime Fx suitable for beginners. Lime Fx is an online forex broker that offers trading in currency pairs, contracts for difference (CFDs), commodities, indices, futures, shares, gold, silver and oil. Today, Lime Fx has more than 10 trading platforms for traders to utilize, more than 200 tradable instruments, and serves customers in more than 180 countries with support in more than 30 languages. Lime Fx prides itself on creating a revolutionary online trading environment, granting extensive access to a broad and versatile array of trading instruments spanning six asset classes. Traders can explore forex opportunities by trading 80+ currency pairs, across Major, Minor, and Exotic currencies, or explore the diverse realm of Commodities, Metals Indices, Shares, and Futures.