Lime Fx processes payments in multiple currencies via bank wire, credit and debit cards, e-wallets, and crypto. I opened a No Commission account with the Notesco Int Limited entity and performed my tests on the desktop and mobile app versions of the MetaTrader 4 platform. Welcome bonuses are available at Lime Fx when you register for a new account.

Lime Fx commissions and fees summary

Lime Fx offers a comprehensive range of educational resources through its School Tab, making it a valuable asset for traders seeking to enhance their skills. With options like courses, seminars, webinars, and podcasts, traders of all levels can benefit from expert insights and knowledge. Most educational resources provided by Lime Fx are available for free, making it accessible for all traders looking to improve their understanding of the markets.

Lime Fx Erfahrungen: Welche Leverage-Optionen bietet Lime Fx?

I discovered that its EURUSD spread on the No Commission account exceeds the industry average considerably. Lime Fx uses standard security features to keep clients’ personal information secure, including website encryption. The primary difference between live floating/live fixed trading accounts and the ECN/STP model is market execution. Real accounts use instant execution with re-quotes, whereas STP/ECN accounts use market execution, so no re-quotes are involved.

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. Accounts are tiered into Micro, Premium, and VIP levels, depending on capital commitment, with spreads dropping on major Forex pairs between tiers. Lime Fx offers a wide and diverse selection of trading accounts, including commission-free and raw spread accounts.

Lime Fx Account Opening Process

Traders can choose between Live and STP/ECN accounts, both providing access to the industry-leading MetaTrader 4 (MT4) platform. Additionally, multiple trading accounts can be registered through the Lime Fx Client Portal, allowing for greater flexibility when managing different strategies or products. Lime Fx is a relatively small FX and CFD broker but it offers its clients access to global markets, various trading instruments, and average spreads. It is licensed by some of the largest and most respected regulatory bodies in the world and it does offer trader fund protection. It also allows multiple account management and free VPS hosting to those who deposit at least $5,000. It is also one of the few brokers on the market who have prepared various bonuses and promotions for its clients.

They offer the reliable MT4 trading platform, a range of products, plus competitive spreads and leverage levels. The choice of account types will also suit varying trading styles and capital needs. Lime Fx offers a variety of account types to cater to different trading needs, including Standard, Premium, VIP, Zero Fixed Spread, and STP/ECN accounts. Each account type has specific features, such as varying spreads, commission structures, and leverage options.

In my opinion, MT4 is best suited for automated trading via Expert Advisors (EAs). The platform also has an intuitive strategy tester, allowing experienced algo traders to tweak the parameters of their strategies so that they can be used under different market conditions. I tested the desktop version of the MetaTrader 4 platform, which features multiple essential tools, such as one-click trading, an alarm setting option, and a market depth tool. These allow traders to examine market developments from different angles and exploit the underlying trading opportunities in multiple ways. Lime Fx provides free Virtual Private Server (VPS) hosting, helping traders achieve ultra-fast order execution speeds and diminish the risk of negative slippage.

Trade247 Review

Opening acount was simple, the platform runs smoothly with fast execution and no major issues during high-volatility periods.Withdrawals have been reliable. I usually get my money within few business days which gave me aome peace of mind early on. It’s not perfect, but it’s definitely good enough to make a money with if you have a good strategy. Yes, Lime Fx offers demo accounts that allow traders to practice trading in a risk-free environment using virtual funds.

• Today, the company employs more than 450 people and has created a solid reputation as a trusted and reliable broker.
• In addition, the broker accepts several instant banking transfer services, which are available locally – Union Pay for Chinese customers, DotPay for Polish traders, etc.
• He was also polite and patient, taking his time to provide satisfactory answers to my questions.
• Founded in 2010, Lime Fx is an online broker based in Cyprus that also offers Contract for Difference (CFD) trading in over 200 tradable assets.

Lime Fx is the trade name of Notesco Limited, a company registered in Bermuda and headquartered in Cyprus. The broker is regulated in multiple jurisdictions, including Cyprus where it has a license from CySEC. For clients based in the United Kingdom, it is regulated by the Financial Conduct Authority (FCA), which is among the most respected financial regulators in the world. The FCA has issued a license to 8Safe UK Limited, which operates Lime Fx in the country. In addition, they offer a PMAM platform for traders looking to manage multiple accounts.

From the client portal, navigate to “Transactions”, select ‘withdraw’ and follow the instructions. The company’s past and present sponsorships with global brands, such as the Korean diving team and sailing athlete Marilena Makri, have set it apart from other brokers. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

• Lime Fx provides an up-to-date economic calendar that highlights important economic releases, central bank meetings, and other events that may impact the markets.
• The minimum deposit at Lime Fx is $50, and processing times vary depending on the trader’s geographic location and the payment method used, typically ranging between one and ten business days.
• The tier-I regulators in Europe and the UK ensure that the broker’s retail clients receive low leverage, negative balance protection and investor compensation against defaults.
• The MT4 platform can also be upgraded through MetaTrader’s Market and Signals, where users can buy technical indicators, add-ons, and signals for copy trading.

It is important to note that between 74-89% of retail investors lose money when trading CFDs. These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved. Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of limefx courses scam losing your money. Most notably, the broker offers its own version of the popular, straightforward and sophisticated MT4 platform. In addition to its desktop platform, MT4 has mobile and web-based versions. Lime Fx also offers a free research mobile app shown in the screenshot below.

Is Lime Fx suitable for spread betting?

The broker has published multiple eBooks and hosted hundreds of webinars, along with maintaining a podcast with regular episodes. Its educational content is thoughtfully designed to cater to traders of all experience levels. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. Essentially, the broker lends the trader money so that they can open bigger positions. Leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades.

According to the terms of the withdrawal, you can receive only the deposited amount via the payment method. Also, Lime Fx does not charge withdrawal fees, but your bank or payment portal could levy a fee. The IronX Exchange charges different fees depending on whether you are a “maker” who places limit orders or a “taker” who deals at the market price.

The broker does not have a huge range of commodity markets but it offers trade on the most popular ones. Along with trade on spot metals and spot energy commodities, it also gives its clients the opportunity to trade commodity futures. Futures contracts allow traders to make a profit from the price margin before the closing date determined in the contract. CFDs on commodity futures are extremely flexible and convenient for traders compared to trading and owning the physical commodities themselves. Offers an unusually broad variety of trading account https://limefx.name/ types that should suit most traders, and traders can register multiple account types. All account types allow traders to access a Dedicated Account Manager on a 24/5 basis and the Dealing Department Transaction Hotline.

With more than $3 trillion traded daily, the foreign exchange market or Forex is the largest financial market and the most popular option for retail traders. Trading is conducted 24 hours a day, except during the weekends, offering great flexibility to traders. Due to the high volume, liquidity, and leveraged positions, Forex provides great speculative opportunities and is preferred by many traders. Clients across Europe and the UK are offered two types of protection – segregated client bank accounts and financial compensation if Lime Fx fails to pay its customers. In the UK, the Financial Services Compensation Scheme (FSCS) guarantees compensation of up to £85,000, while in Cyprus, the Investor Compensation Fund covers up to €20,000. The broker is also regulated by the Australian Securities and Investments Commission (ASIC) and with this license, the broker is authorized to operate in Australia, New Zealand, and South Africa.