A Complete Lime Fx com Forex Broker Review Forex Brokers Review

Lime Fx forex broker review

Clients can trade major forex pairs such as the EUR/USD with a spread from 1.6 pips. On the other hand, the minimum spread to trade precious metals like Gold is 25 pips. Lime Fx Group charges an inactivity fee and has an average spread of 1.6 for the EUR/USD pair, which is higher than the industry average.

Best Forex Brokers By Countries – 2025

The broker charges minimal fees, unlike many other forex brokers on the market. The platform is regulated by the Financial Services Commission, ASIC, and CySEC. From our Lime Fx forex review, we discovered that the account opening process is quite straightforward, with abundant educational content available for free.

  • Although it is not a public company or has a bank attached, we believe they have a strong track record.
  • Once the application is complete, there is a short delay whilst the broker verifies your details.
  • While these might change periodically, examples include a VPS service to increase the speed of your trades.
  • With generally tight spreads on over 50 currency pairs and the same spreads offered for all trading account types, Lime Fx Group also provides fractional pip pricing.
  • The fact that Lime Fx does not charge for withdrawals helps to keep costs down for the trader.
  • The minimum spread across all of the accounts is 0.1 pips, and the average spread for major currency pairs like EUR/USD stands at 0.1 pips.
  • This regulatory oversight ensures strict adherence to industry standards, safeguarding your funds and personal data.

Account Types and Minimum Deposits: 4/5

Lime Fx is a convenient platform for me from the point of those instruments it offers and payments. Well, actually I didn’t limefx company reviews even question the fact that payments would be hassle-free here. Speaking of tools and instruments, then there is a surplus of them, definitely not a shortage.

MetaTrader 4 (MT

With a low limefx forex broker Lime Fx minimum deposit of $5, it comes in as one of the cheapest accounts to open. The Lime Fx review also shows that they provide additional features like six calculators from the all-in-one calculator and the pip cost calculator. This can be helpful when traders are strategizing or researching economic ideas.

IG Markets

While sharing personal experience with Lime Fx, a Quora member said that he had been using the broker for more than three years and never faced any issues. According to him, the company charges higher commissions than most other brokerage firms like Coinexx etc. While some clients believe the company is legitimate, others denounce it for withholding clients’ funds and unjustified account closures.

  • To make a deposit, you simply need to log into your trading account and go to the deposit option.
  • Even though you are copying another trader’s decisions, it’s natural to feel anxious or frustrated when trades don’t go as expected.
  • There are about 1.5 Million Traders and investors at Lime Fx that select broker proposals and services, there are many advanced trading solutions, yet suitable for beginning traders.
  • The MT5 platform has a slightly greater number of indicators set up as default than MT4.
  • Unfortunately, Lime Fx doesn’t hold a good reputation among clients on Trustpilot.
  • For both new and seasoned traders, Lime Fx is a good option because it offers affordable costs, first-rate customer service, and strong instructional tools combined.

Comparison with MetaTrader 4 and cTrader

Lime Fx forex broker review

I expected Lime Fx to offer a dedicated account type for experienced traders with substantial trading volume or portfolio size. Based on feedback, the platform’s user-friendly features make it easy for beginners and experienced traders to navigate. From what we can see, Fintana has earned a 4.6/5 rating on Trustpilot based on 19 reviews. Upon reviewing the comments, most traders appreciate the strong customer support and the variety of assets they can trade. Fintana provides a range of leverage options depending on the asset class, allowing traders to choose the level of risk they are comfortable with.

Lime Fx forex broker review

For example, Lime Fx charges fees for deposits and withdrawals via Bank Wire below $200. It’s important to check the broker’s website for the most up-to-date information on deposit and withdrawal fees. Lime Fx offers traders a diverse range of tradable instruments across various asset classes, enabling them to build diversified portfolios and access a wide range of market opportunities.

Clients with a balance of at least $500 and a trading volume of at least 2 standard lots or 200 micro-lots per month can connect to VPS for free. Other clients can connect to the service for a monthly fee of $28. Lime Fx offers a unique loyalty program that allows traders to earn bonus points (Lime FxP), which can be exchanged for credit bonuses. The loyalty program is automatically available to all real account holders, and there is no need for additional registration. Lime Fx introduces a new and exciting element to the trading world – Forex contests. These contests allow novices and experienced traders to test their skills, compete with others, and win valuable prizes.

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