Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. Lime Fx shows clients how to obtain the most up-to-date rates, a step many brokers omit.
The service provider is BeeksFX, but Lime Fx clients must have a minimum account balance of $2,500 and a monthly trading volume of 30 standard lots. Lime Fx offers a comprehensive range of tradable instruments, including major and minor currency pairs, commodities, indices, and metals. This diversity allows traders to build diversified portfolios and explore various market opportunities, catering to both short-term and long-term trading strategies.
- Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
- Lime Fx are never charged any commission or fee for trading from their traders.
- While an Lime Fx no deposit bonus does not exist, Lime Fx offers a 100% first deposit bonus with a $2,000 limit.
- Clients can find the provision in the Investment Services General Conditions PDF.
Start with a Risk-Free Demo Trading Account
Lime Fx lacks more trading tools, like CFDs on stocks for example, which became so popular recent days. One operates out of Vanuatu, where international clients have a trustworthy and competitive trading environment. Lime Fx also maintains a presence in Cyprus for EU-based clients under the uncompetitive ESMA regulatory framework. Lime Fx supports bank wires, including several local options, credit/debit cards, UnionPay, Neteller, and Skrill. Traders can access the processing times and minimum/maximum deposits by clicking on the + next to each option.
We have committed to provide transparency in trading and keeping your funds safe
With an aim to provide the trading conditions traders were seeking for, to obtain the respect and trust of our clients, thus ensure their best interest, Lime Fx is operating on a true STP/ECN model. By doing so, we warrant the transparency and no conflict of interest. Lime Fx places a strong emphasis on technological advancements to provide traders with efficient and speedy trade executions. The broker utilizes cutting-edge infrastructure to minimize latency, ensuring that trades are executed promptly at the desired prices. Security is a paramount concern for traders, and Lime Fx addresses this with a commitment to maintaining a secure trading environment. The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC), adding an extra layer of credibility and assurance for traders.
The ECN/STP model gives Lime Fx clients the freedom to trade on a more level playing field. Lime Fx has worked hard in making the world of Forex more transparent with a greater degree of control for traders. It maintains sufficient capital reserves, segregates client deposits from corporate funds, offers negative balance protection, and undergoes audits. Lime Fx provides a calendar that displays upcoming economic events and releases, along with their expected impact on the markets. I always like to check an economic calendar before take a decision on the trade.
The World Best Trading Account
The ECN accounts, in particular, provide direct access to liquidity providers, ensuring competitive spreads and minimal slippage. Clients have access to the full suite of the out-of-the-box MT4 trading platform. It fully supports automated trading and is one of the most versatile trading platforms available. MT4 upgrades are available through third-parties for an additional fee to (potentially) enhance the trading experience.
Live Averaged Spreads and Commissions of Lime Fx Trading Broker Accounts. The company providing very good spread conditions with Commission $0. FX CENTRAL CLEARING Ltd applies the Markets in Financial Instruments Directive. MiFID provides a harmonized regulatory environment for investment services across the European Economic Area (EEA). Security, privacy and protection of our clients’ investment is our top priority and as a regulated broker we can offer you a peace of mind when trading with us.
One significant advantage is that Lime Fx offers a more in-depth introduction to MT4, which many brokers fail to do, and which can truly set traders up for longer-term success. Forex Broker Guru is a dedicated website that offers in-depth and detailed reviews of various brokers in the forex market. Our platform provides comprehensive insights into the performance, features, and reliability of different forex brokers. Count on Forex Broker Guru to bring clarity to the world of forex brokers and elevate your trading experience. Having high levels of experience and knowledge, we are ideally placed to limefx website understand our clients needs and to support traders in achieving their ambitions and investment goals. By providing a unique suite of resources, a VIP level of services, combined with world-class support 24/5, our low cost trading environment provides the ideal base to succeed.
Lime Fx provides traders with access to the widely acclaimed MetaTrader 4 (MT4) platform. Known for its user-friendly interface and robust features, MT4 offers a seamless trading experience. Traders can execute trades with precision, access advanced charting tools, and employ automated trading strategies using Expert Advisors (EAs). Lime Fx’s ‘No Dealing desk’ execution model comes with no dealer intervention and no re-quotes. Client trades are made on prices provided to Lime Fx by its liquidity providers. To provide the most customer centric proposition in the industry.
Overview of Trading Platforms
Whatever your level of trading experience or demands, we believe we have the right account for you. Lime Fx’s headquarters are in Cyprus, the company is comprised of a dedicated team of professionals with extensive experience in the financial industry. Dealing desk and market making brokers often provide fixed spreads, an indication that the spreads quoted are not from a true, efficient and organic marketplace. For example, the spreads quoted could be adjusted to match the broker’s own exposure to markets, determined by the volume of trade the broker is experiencing at any given time. Lime Fx brand is an international brand that is registered and regulated in various jurisdictions and is committed to offering you the best possible trading experience.
At Lime Fx we often use a motto that we have adopted over the years; “from small acorns great oaks will grow”. Every ECN trader starts somewhere that is why every Lime Fx client is treated as an individual, a VIP, who will enjoy a personal, unrivalled level of service. Clients can open a ECN XL account with only $100 and enjoy the same level of dedicated full support and service as if they are a VIP client. You will be able to take advantage of the ECN/STP model of forex trading we helped to pioneer.
Why Settle for Standard when you can experience the difference?
EEA-based limefx scammers traders manage their portfolios from a subsidiary that is authorized by the Cyprus Securities and Exchange Commission (CySEC). The Cyprus Investor Compensation Fund (ICF) protects retail trades in the event of insolvency up to €20,000. Client deposits remain segregated from corporate funds at both entities with leading international banks, but Lime Fx does not list them.
Lime Fx has two operating subsidiaries, one authorized by the business-friendly VFSC and one by the CySEC, which operates under the globally least-competitive ESMA regulatory framework. As we are dedicated to have our client’s funds safe, they are secured in Leading International banks. MetaTrader 4 Multi Terminal is intended for simultaneous management of multiple accounts.
Clients can find the provision in the Investment Services General Conditions PDF. Lime Fx has a clean regulatory track record and established itself as a secure and trustworthy broker. With no minimum deposit, high leverage, and low trading costs, Lime Fx is ideal for beginner traders and demanding seasoned ones alike. Lime Fx Forex broker provides a range of educational resources to help traders improve their knowledge and skills.