An experienced media professional, John has close to 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 industry while assisting in the production of content. ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. Lime Fx Group have a variety of fast and convenient deposit and withdrawal options.
In addition to providing excellent support, I am impressed with the trading conditions you can get access to for a small deposit of just $5. Lime Fx Group offers a no re-quote and no rejections policy with 99.35% of trades being executed within 1 second. Their business model is built around the belief that execution is everything when trading. From my experience, execution can play a big part in your trading results, especially if using a scalping strategy.
Account Requirements
Lime Fx Group Support is on hand to guide you through the process if need be. I didn’t have any problems opening an account and login on a regular basis without any hiccups along the way. The management team have hosted hundreds of seminars in over 120 cities to educate traders. They are a human company that put client satisfaction first which explains why they have such a high level of client retention and a loyal user base. You can automate your analysis and gain access to the proprietary indicators by contacting your personal account manager at Lime Fx Group who will be happy to get you started and provide you with assistance.
Before you can trade with Lime Fx for the first time, you must provide identity and residential address verification. The Lime Fx website is available in 22 different languages, with customer support provided in more than 25 languages. Lime Fx’s forex fees are average and limefx forex broker you can also expect to pay an inactivity fee if your account is dormant for more than 90 days. If you fund your account in a currency different from the base currency of your account, a currency conversion fee may apply. As such, an Lime Fx client sells one currency against another at a current market rate.
This makes it quick and easy for you to identify trading signals without needing to constantly stare at your charts all day and night. I am always on the lookout for new trading tools which can help make my market analysis more accurate. Sometimes I can go through hundreds before finding something that I will implement into my day trading activities. I am impressed with these indicators and certainly see how they can help spot market movements. Lime Fx Group was founded in 2009 and has since grown into a large globally established trading broker.
Founded in 2001, Forex.com is a US-regulated forex broker offering its services worldwide. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative limefx broker reviews AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. That said, Lime Fx falls behind with its limited pricing, range of markets, and platform offering — none of which can compete with the best brokers in this space. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation.
- Lime Fx may require copies of your credit card before approving a withdrawal request.
- Currency pairs are a common choice, and you can gradually expand to other assets as you gain experience.
- There’s no difference between trading assets, tools, or trading speeds for smartphones or tablets and those for desktop PCs.
- We have over 20 years of experience when it comes to trading online so we know what to look for.
- Lime Fx offers a transparent fee structure that traders can consider when evaluating their trading costs.
To qualify for the free VPS, they will also take in to account any other trading accounts you may have registered that use the same email address. The Lime Fx VPS allows you to remotely connect to a Virtual Private Server (VPS) located just 1.5 km away from the brokers data centre in London, with optical fiber connectivity. Another great benefit of a VPS is that you can run trading platforms 24/7 without needing your own computer switched on.
An Easy Process
As a multi-regulated online broker, Lime Fx must adhere to strict compliance guidelines. At present, Lime Fx is overseen by 13 different regulatory bodies based in over 10 countries. The company also boasts a track record of over 2.4 billion trades executed with no re-quotes or rejections. That said, traders are encouraged to do their own research and decide whether Lime Fx is the right broker for their needs. In forex trading, exotic pairs or exotics refers to currency pairs that include a major currency paired with the currency of a smaller or emerging economy.
Whether you’re a beginner or an experienced trader, Lime Fx Group offers a range of account types to suit your needs and preferences. The broker offers tight spreads and restriction-free trading conditions like scalping, hedging, non-FIFO trading and so on. If you consider using Lime Fx as your broker you might be wondering if the broker accepts US Clients.
Lime Fx Group is authorised and regulated by the Australian Securities and Investment Commission (ASIC) and Cyprus Securities and Exchange Commission (CySEC). This helps to ensure safety of client funds and that they abide by strict regulatory standards with the most sought-after regulators. They are also regulated with the International Financial Services Commission of Belize (IFSC) and the Dubai Financial Services Authority (DFSA). I remember when I used this broker’s demo account I wasn’t sure I would improve in my trading skills but it was easy and stress free. Since I became a pro trader, I believe that fundamental knowledge and risk management are not to be underestimated.
A Transparent Fee Structure
Lime Fx Group is a multi-award winning globally established and regulated broker that offers tight spreads, fast execution speeds and low commission fees, for trading over 1,000 instruments on user-friendly platforms. They also provide education, market analysis tools and convenient funding options. You can choose from 3 different account types that provide flexible trading conditions to meet the needs of both beginner and advanced traders. The minimum deposit required is just $5 whilst you can choose between no commission accounts with marked up spreads or pay a $3.5 commission charge to get variable spreads starting from 0 pips.
Lime Fx offers clients several mobile and desktop versions of both the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. Also, traders with demo accounts can make use of Lime Fx’s 24/5 support and all the broker’s educational materials. Demo accounts have all the features and functions of a real account, including the speed of execution. Traders have access to $100,000 in virtual trading funds with real-time data and analytic tools. Depositing and withdrawing funds with Lime Fx is a convenient and secure process. The broker offers a variety of payment methods to cater to traders from around the world.
I don’t have a big money, so I need a huge leverage and mini account. So, don’t be confused, if some traders can get very low leverage and higher deposit, they also don’t have a trading bonus, while others can get a lot of bonuses and favorable features. Strict regulatory bodies often come from Australia and Europe as well as from the United States. And the weakest regulator could come from a small country in the Pacific, from Central America or even from a small country in Africa. Moreover, the platform also provides a trader with fractional pip pricing. Fractional pip pricing allows the broker to implement the best prices available from liquidity providers.
Various Types of Accounts
Providing options such as Skrill allows for faster transfers to and from trading accounts. This is great for those of you who are fans of auditory learning methods and perhaps less boring than reading complex trading guides. Lime Fx Group is operated with client requirements at the forefront of everything that they do. Execution is swift, no slippages, tight spreads, and many trading instruments and tools. The minimum deposit required for a micro account with Lime Fx may vary, and it’s best to check Lime Fx’s official website or contact their customer support for the most up-to-date information on minimum deposit requirements. These requirements can change over time, and they may vary depending on your region and the type of account you’re opening.
First, you fill in some basic information including your name, address, and some information about your financial background and trading experience. Lime Fx is an online broker for trading on forex with a strict no re-quotes and no rejections policy. Lime Fx offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms for desktop users. These platforms are known for their comprehensive charting capabilities, technical indicators, and expert advisors (EAs). Lime Fx may charge overnight financing fees for holding CFD positions overnight.