Our Lime Fx broker review team is pleased to let you know that, if you are trading from within the UK or the EU, your funds are protected in the rare event that the broker files for insolvency. Unfortunately, however, this is not extended to clients from other countries. Most withdrawal methods come without fees, but there is a fee for withdrawals via wire transfer. The fee is $40 for most withdrawals via this method, although the Rate Card indicates it is only $25 for those in the UK or US.
Superb support
If you prefer, you can create your own fully customizable algorithm with MQL4 and IDE. When you use MT4 with Lime Fx, you also get to use a free virtual private server (VPS) hosting. This is free as long as you trade an average notional volume of 500k.
Excellent customer support
It’s great to know that our platform is the right fit for your investing needs. If you ever want to share any thoughts or preferences, we are always happy to hear more about what could make your experience even better. No Rollover fees campaign makes Lime Fx easily the best CFD broker.
Lime Fx are the best Forex Trading Company I have tried
I have always been treated with respect and courtesy would recommend them 100% to new traders. Trading Station desktop (not to be confused with TradeStation) is Lime Fx’s main platform. It provides a good trading experience for all kinds of investors, be it beginners or advanced traders. Users can choose Lime Fx’s own Trading Station or some of the other well-known trading platforms like MetaTrader 4, ZuluTrade, and NinjaTrader.
Active Trader Account
Lime Fx is a market maker broker that is transparent about both its execution policy and its slippage statistics. The Good Till Canceled Market Orders drop this to just 0.033 seconds or 33 miliseconds. Those interested in social trading with Lime Fx should consider ZuluTrade, as this is a peer-to-peer auto-trading platform.
The feature gives users the ability of traders to share ideas and strategies and help other traders. Zulu Trader has over 1 million users, making it one of the larger social trading communities available. The Lime Fx Trading Station forex platform is generally hard to fault, it has a very user-friendly design and comes with has become Lime Fx’s hub for investment advice.
- The full list of withdrawal options include Credit/Debit cards, wire transfer, e-wallets, BPay, Skrill, Union Pay, Neteller, and POLi.
- Our team is always happy to help, and we always appreciate when our clients make the interaction mutually pleasant.
- There are abundant support resources online and on the Lime Fx website for ZuluTrade, MetaTrader 4, and NinjaTrader, as all three are used by numerous forex brokers.
- Your feedback is important, and we’re committed to improving our service.Thank you for bringing this to our attention.
When it comes to assets offered, Lime Fx is definitely outnumbered by the majority of brokers. Being a brokerage specialised in currencies, their offering should at least be significantly higher on forex pairs. While their spreads are never a zero offer, they are competitive for being a commission-free brokerage. Lime Fx is a global brokerage headquartered in the U.K that specialises in both retail and institutional trading with a comprehensive API offering. Thanks a great deal for your positive review, Maroulla C. Antoniadou!
I found the mobile app very easy to use although it is slightly limited in functionality when compared to the desktop platform. However, it is ideal for tracking your trades and following the markets whilst on the go. Lime Fx obtains its pricing from premium liquidity providers which includes global banks and financial institutions. Some of them are Barclays Bank Plc, Citibank N.A, Deutsche Bank AG, Jefferies Financial Services, etc.
This also tends to be the quickest method, taking about 3-5 business days. Card withdrawals may take between 5 business days and a billing cycle. Lime Fx offers a selection of learning resources to help get you started. Traders limefx official site who use excessive leverage may be at risk of a margin call and having their positions closed prematurely by Lime Fx. Shares baskets are not very different from indices, except they are smaller groupings of companies’ stocks.
Between 74-89% of retail investor accounts lose money when trading CFDs. After our in-depth review of Lime Fx, our team can confidently recommend this broker. Lime Fx offers a good variety of instruments for investment, including the relatively unique asset classes of share baskets and forex baskets, plus a competitive selection of cryptocurrency CFDs. We appreciate Lime Fx’s competitive spreads, lack of commissions, and low inactivity fees.
In addition to the platform tutorial videos in the Forex Video Library, you can also review Lime Fx videos on educational topics for all skill levels. There is an entire section of videos for ‘New to Forex’ that is ideal if you are a beginner, as is the ‘Order Types’ section. You will also find an ‘On Demand’ section with topics that all skill levels will appreciate, such as Fibonacci’s and low-volatility trading.
Clients can access this area to view the previously recorded webinars anytime they want. Instead of offering individual share CFDs, which is the common stance among brokers, Lime Fx offers share baskets. These include a carefully selected combination of stock https://limefx.vip/ CFDs from a given category. With the demo account, you will receive 20,000 USD (50,000 GBP for UK and EU Clients) of virtual funds for trading. To help make the demo account as useful as possible, Lime Fx lets you customize the leverage and balance.