This gives you a great opportunity to decide which account type is best for you. Our Lime Fx Group review team found that this broker outrivals others when it comes to fees and trading costs. Lime Fx offers competitive spreads on forex, low trading fees for CFDs, and limefx scammers low non-trading fees.

Currencies accepted for deposits/withdrawals

The app is designed with a user-friendly interface that allows traders to monitor the markets, open and close trades, and manage their accounts from anywhere. At FXStreet, we aim to provide our readers an honest and impartial look at certain brokers that you might be interested in trying. Lime Fx’s educational resources and research tools are impressive, providing valuable support to both novice and experienced traders. The availability of multiple account types, including an Islamic account, ensures that traders can find an account that suits their needs. Additionally, the seamless account opening process, coupled with fee-free deposits and withdrawals, makes Lime Fx a convenient and cost-effective option.

Platform tutorial videos

• MT5 provides enhanced features over MT4, including more timeframes, additional order types, and advanced charting tools.
• Although they are a market maker broker, they have variable spreads and fractional pip pricing.
• Withdrawals at Lime Fx Group are relatively quick in comparison to competitors.
• As we mentioned earlier, Lime Fx account types are not designed to target high-volume traders.
• The live chat feature at Lime Fx Group is the superior customer support option.
• MICRO account allows you to operate with micro lots, lower level of risk and it has minimum initial deposit of $5.
• For example, client funds are held in segregated accounts, separate from the company’s operating funds, ensuring they are protected even if the company faces financial difficulties.

The support team is knowledgeable and capable of assisting with a wide range of queries, from technical issues with the trading platform to questions about account management and trading conditions. Additionally, Lime Fx’s website features a comprehensive FAQ section, which addresses common questions and provides immediate answers without the need to contact support. Lime Fx offers competitive spreads starting from as low as 0.6 pips on major currency pairs with no hidden markups. The broker provides both commission-free accounts and accounts with low commissions (such as the Lime Fx Zero account, which has spreads starting at 0.0 pips and a small commission per trade).

Depositing ease

Minimum deposit of $5 applies to Standard, Micro, and also Ultra-Low Accounts. Traders who open accounts in Lime Fx are enabled a condition similar to a Cent Account environment in the Micro Account, in which the Contract Size for every lot is only 1,000 units. If it is applied with the smallest lot size in the MetaTrader platform which amounts to 0.01, it means that traders can go as small as 10 units per trade.

Traders can keep their accounts open without worrying about any ongoing costs, which is beneficial for those who may not trade regularly but want to keep their accounts active. Lime Fx is good if you want to open an account and start trading quickly. I think the platform is pretty dated though and you can’t trade ETFs.

Website & Support Languages

Inactivity charges are low on the monthly rate but kick in after only a short time. Lime Fx Group offers a variety of unique features and tools designed to enhance traders’ decision-making processes and provide valuable insights into market trends and trading practices. Traders can deposit funds into their Lime Fx accounts limefx broker reviews through methods like Visa, Visa Electron, Mastercard, Maestro Diners Club International, UnionPay, Lime Fx Card, Skrill, Neteller, Web Money, and bank wire transfers. All withdrawal requests are instantly reflected in clients’ trading accounts as pending withdrawals. Lime Fx processes requests within 24 working hours, but it may take up to five business days for funds to arrive depending on the final destination. Demo accounts have all the features and functions of a real account, including the speed of execution.

• I have not traveled everywhere, but I am just making an intelligent guess since that is how most things are.
• To evaluate brokers, we test the accounts, trading tools and services provided.
• Due to AU and EU regulations, Lime Fx does not offer any Trading Bonuses and Loyalty Programs to retail traders within Europe and Australia.
• No re-requotes and no hidden fees or commissions policy, as well Negative balance protection definitely a plus.
• Operating since 2009, Lime Fx is a reputable broker known for its Forex and CFD trading offerings.
• It is possible that they haven’t had time to translate all of it.

Lime Fx is a top-tier forex and CFD broker that combines a high level of security, a wide variety of account types, and advanced trading tools. Whether you’re a novice looking for educational resources or an experienced trader seeking robust trading platforms and leverage, Lime Fx provides a comprehensive solution for all types of traders. Lime Fx  provides competitive fees, spreads, and commission structures across its account types, offering flexible conditions for traders. Lime Fx broker offers a suitable trading environment for both novice and experienced day traders. Its support for MT4/5 platforms, competitive fees, comprehensive educational resources, and reliable customer support cater to a wide range of trading needs. Lime Fx is a broker with a great reputation and numerous regulations and a very wide range of trading instruments which we mark as its main benefits.

During any trading day, stock prices of specific companies will go up or down. The purpose of the indices is to show the general direction of a specific stock market or of the general economy of a nation. However, since stock indices are composed of a basket of companies they can be very much affected by a big move of a specific company or by a big move of a specific sector of trade. Equity indices, or stock indices as they are also commonly known, are actual stock market indexes, which measure the value of a specific section of a stock market. They are calculated based on a weighted average of the prices of selected stocks, which belong to the actual category that they represent. I appreciate the seamless execution speed at Lime Fx, which allows me to capitalize on market opportunities without delays.

Account Types

Lime Fx MT4 is the most widely used, given that it is the platform with the highest number of users in the world. With the Lime Fx micro account, you can open up to 300 positions at the same time. All you need to do is make sure that you are giving the correct information. You will also have to be prepared to offer proof of identity and proof of address.