This can be the perfect way to get used to using the platforms and for testing your trading strategies in a risk-free environment. This is not something exclusive to this broker, you will find most have a demo account available. There is an excellent selection of forex currency pairs (major, minor and exotics) to trade, 24 hours a day, 5 days a week.
Trading accounts can be opened in a generous range of currencies which are USD, EUR, GBP, AUD, JPY, BTC, PLN and CZK. The various different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. They could improve by adding some crypto payment options but that is not really a deal breaker from my perspective. The broker provides you with top class global customer support in over 30 limefx scam different languages.
Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.
Lime Fx is a globally recognised award-winning CFD broker offering a great range of trading products and services to retail traders and institutional investors. The broker has a good choice of over 300 tradable assets, a variety of account types, spreads from as low as 0.0 pips and excellent support in over 30 languages. With over 3 decades of capable reliability, the MetaTrader 4 , also known as MT4, is an online trading platform used by both novice and experienced traders.
Lime Fx User Experience
Discover the Virtual Private Server’s (VPS)—a virtual machine in which a website runs on its own server—and its advantages, and benefit from enhanced connection speed and security available for our clients. Access your trading account anywhere, at any time, reduce, or even eliminate, downtime and speed up your trading journey. This platform has most of the features of the MT4 desktop software, and it works on both Android and iOS mobile devices and tablets.
- The Lime Fx group presents clients with two regulated trading entities and maintains a secure trading environment.
- One thing in particular I like that sets Lime Fx apart from many other trading brokers is their admirable support for a wide range of philanthropic and charitable activities.
- Professionals trading their own accounts may wish to look elsewhere, despite tiered pricing, due to the lack of volume discounts or a proprietary high-end trading platform.
- You can reach customer support directly on the Lime Fx website through its live chat feature.
- I like how they have strict regulation in multiple jurisdictions and are well respected within the industry.
What is a Trading Platform?
In addition, tiers apply only to forex, with all account types paying similar spreads and/or commissions when trading CFD or spot instruments. Several pages not properly linked to the main site announce the availability of cryptocurrency trading but our reviewer found no contract, spread, or fee information. For Forex Trading and other CFDs, MetaTrader 4 is the yet unmatched leader of trading platforms and the most popular choice of online traders and investors. Gain instant access to over 200 instruments from 6 different asset classes; all on a single platform. Choose from MetaTrader 4, MetaTrader 4 Web Trader and our proprietary Personal Multi Account Manager (PMAM). I like the trading fees in the Lime Fx Absolute Zero account, where traders get commission-free spreads from 0.3 pips.
Lime Fx also offers a virtual private server (VPN) that provides enhanced connection speed, continuous uptime and added security. The minimum deposit at Lime Fx is $50 for most accounts, except for the Zero Spread option, which requires $500. The FAQ section answers the most common question, and live chat is available with fast response times for basic questions.
Accounts
They take a customer focused approach and are committed to providing the highest standard of services with full transparency to clients. Lime Fx primarily makes its money from dealing spreads, although you might have to pay additional fees depending on the asset and type of account you choose. The most ignored trading costs are swap rates on leveraged overnight positions. 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.
His contributions play a crucial role in the company’s success, ensuring efficiency and effectiveness across different departments. Prior to his role at Benzinga, Luke has held positions that have honed his skills in leadership and strategic decision-making. However it’s important to note that this review focuses specifically on Lime Fx offered by Notesco Limited and registered in Bermuda.
However, as with demo accounts this is something that you would expect from all brokers nowadays. You can reach customer support directly on the Lime Fx website through its live chat feature. The broker also provides email and telephone support on a 24/5 basis throughout the trading week in 45 different languages. Lime Fx offers negative balance protection, meaning traders can never lose more than their deposits. The Lime Fx group has 10+ years of experience more than 1,5M clients worldwide and offers negative balance protection.
Through exceeding client’s expectations and setting the bar so high, the broker has been rewarded with numerous awards for their innovative and advanced trading platforms. I like the trading environment at Lime Fx in the Absolute Zero account due to its competitive trading fees. Lime Fx is an ideal broker for Forex traders due to its above-average choice of currency pairs. The well-structured trading environment and dedicated customer support team, make it a great broker to register with.
Lime Fx Customer Service
Furthermore, the charitable work they do is very limefx scammers commendable and good for the community. The broker offers industry leading products and services that I think can be a great option for retail and institutional clients alike. I like how they have strict regulation in multiple jurisdictions and are well respected within the industry. The high quality of their services has been acknowledged by the numerous international awards that they have won over the years.
Earlier in 2018, Lime Fx announced a partnership with EmurgoHK to open a cryptocurrency exchange, but the launch date hasn’t been announced. MT4 is perhaps the most popular online trading platform that is used by millions of traders across the world of all experience levels. It is very user friendly with an abundance of implemented trading tools for efficient markets analysis and trade management. MT4 has a short learning curve whilst there are plenty of online tutorials that can help to familiarise new users to the platform. Trading with a regulated broker will limit the potential for fraud and malpractice.
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. We do not provide financial advice, offer or make solicitation of any investments. If you are looking for the smallest possible spreads (starting from 0 pips), then you may consider the zero spread accounts. These do charge a very competitive commission which varies depending on the level of the account.
