Lime Fx has won 6 prestigious awards, offering excellent services to over 155,000 users. Overnight funding fees and other transaction charges, require detailed understanding on the Lime Fx platform. Doing so will help you know how the fees work and how to apply them. If you leave your account unused over a long period, Lime Fx will charge an inactivity fee.
- There are no guarantees or specific guidelines to prevent losses.
- These accounts have variable spreads from 0.0 pips and trading commissions from $2 per lot.
- However, a minimum balance of $2,500 is required to begin trading.
- However, if you’re a neophyte (a little green behind the ears), your first consideration may be the kind of support and training you’ll receive.
- Let’s compare the fee policy with other brokers to better understand the difference.
- The broker is ideal for traders seeking an uncomplicated, user-friendly platform for seamless trade execution.
Unique Features
These can be traded on both the proprietary and third-party trading limefx courses scam platforms and their fees are commission-based. On the other hand, there’s a 2 USD commission per traded lot per side. The available trading platform is MetaTrader 5 with a minimum initial deposit of 100 USD. There are 50 currency pairs available for trading on this account in addition to indices and commodities. It’s important to treat day trading stocks, options, futures, and swing trading like you would with getting a professional degree, a new trade, or starting any new career.
So, you want to keep your account active and engaged to avoid withdrawal restrictions. Our platform prioritizes your security with robust encryption and advanced protection measures. Trade with confidence, knowing your data and transactions are safeguarded by industry-leading security protocols.
Public App Review 2025
The broker understands the importance of good customer service and provides 24/7 customer support via email, live chat, and over the phone. Overall, the available platforms offered by this broker are great and traders of different needs will easily find what they are looking for. There are no inactivity fees and spreads on the commission-free Standard account start from 0.5 pips. Let’s compare the fee policy with other brokers to better understand the difference. Lime Fx offers both investment and market speculation opportunities to its clients. We put all of the tools available to traders to the test and give you first-hand experience in stock trading you won’t find elsewhere.
User Trust Scores and Reviews of Lime Fx Broker
Our team don’t recommend traders choose a broker based on sign-up bonuses. Our testing shows that both MT4 and MT5 support forex trading and provide an excellent suite of technical indicators, charts and analysis tools. Importantly, we find both platforms easy to use with a sophisticated design and a customizable workspace. The Forex Standard account offers commission-free trading with spreads from 0.5 pips.
In this broker US review, we will be vetting the truthfulness of these claims, analyze the brokerage products and detail the nature of its services. This should help you form an opinion on the reliability of the online broker and aid your decision on whether to trust them with your cash. We have a basic stock trading course, swing trading course, 2 day trading courses, 2 options courses, 2 candlesticks courses, and broker courses to help you get started. We will help to challenge your ideas, skills, and perceptions of the stock market.
What did our traders think after reviewing the key criteria?
On the other hand, traders are charged commissions starting from 3 USD per lot. The available platform is MetaTrader 4 (MT4) and similarly to the Standard accounts, traders have access to hedging, automated trading, and phone trading. The maximum number of available Forex pairs is 47 and traders need to deposit at least 200 USD to be able to open the account type. This account is for professional traders, trading through one of the most powerful and modern platforms for Forex and MetaTrader 5 stock exchanges. Spreads on this account type start from 0 pips with a $2 per lot commission charged. Developed by software company MetaQuotes, MetaTrader is one of the most popular trading platforms, used by millions of traders worldwide.
Whatever your interests, there is something for everyone to trade in the way that they want to trade it. The broker has been providing online brokerage services since 2006 and are trusted by 155,000+ clients from 130 countries. They cater for retail and institutional clients with the possibility of integrating third-party trading programs through an Open API. Lime Fx ensures its traders have a robust set of tools at their disposal.
- Lime Fx offers traders a robust customer support infrastructure.
- Built for both novice and seasoned traders, the broker offers an impressive suite of account types, ensuring a flexible and rewarding trading environment for its customers.
- Our only complaint is that while this broker offers negative balance protection on their Standard account, it is not available on the other trading accounts.
- The broker puts great emphasis on Anti-Money Laundering (AML), Counter Terrorist Financing (CTF) and Know-Your-Customer (KYC) measures.
- On the other hand, traders are charged commissions starting from 3 USD per lot.
Besides, Lime Fx is a member of the Securities Investor Protection Corporation (SIPC) and the Investor Compensation Fund (ICF). So, if the broker fails to settle claims of investors or folds up, they are secured up to $500,000 and €20,000 correspondingly. We may receive commissions on purchases made from links in this article. Our editors independently researched the information in this Lime Fx review. Instead, I spent hundreds of dollars a month gobbling the goo of the goo-roos. Add to this paying for expensive software while I was supposed to learn how to succeed as a trader.
There are various factors to consider when making a decision, but the safest brokers are well-regulated ones. The Bullish Bears team focuses on keeping things as simple as possible in our online limefx broker reviews trading courses and chat rooms. We provide our members with courses of all different trading levels and topics. On our site, you will find thousands of dollars worth of free online trading courses, tutorials, and reviews. Feel free to ask questions of other members of our trading community.