Lime Fx-Online CFDs & Forex Trading

Generally, the accounts are suitable for beginners and advanced traders. Each account type supports swap-free trading via Lime Fx’s Islamic accounts. The broker is notable for its balanced selection of tradable instruments, including CFD on forex pairs, commodities, shares, indices, and futures. Lime Fx offers seven retail account types and typically features low-to-medium cost structures. It also provides a comprehensive range of research and educational materials.

One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative. The mobile app affords traders quick and easy access to the market on the go. It is indispensable when you must swiftly adjust your open positions.

Tradable Instruments

There is a limited capacity to scale price action up and down in order to gain a sense of the prevailing market sentiment. The platform also supports one-click trading, which allows traders to execute orders fairly quickly. Trade some of the most liquid assets available and diversify your portfolio with competitive spreads starting as low as zero pips on chosen CFD pairs. Since the market is volatile, fixed spreads accounts allow trading with predetermined and steady spreads and with no sudden changes. Join us and benefit from the award-winning trading conditions offered by a limefx scammers globally recognised and reliable forex broker. Benefit from a variety of trading accounts, low spreads, secure funding procedures, and free VPS hosting.

1. Provided by Trading Central, the Technical Views section affords a more detailed insight into current trading opportunities.
2. Lime Fx offers seven retail account types and typically features low-to-medium cost structures.
3. I found the broker to be generally transparent, with information about fees easily accessible on their website.
4. Additionally, Lime Fx’s customer support seems to struggle with addressing more complex questions, such as what their average execution speed is.
5. I thus determined that fixed/floating spread accounts are better suited for beginners looking for extra protection.
6. There is a limited capacity to scale price action up and down in order to gain a sense of the prevailing market sentiment.

What is CFD Leverage?

This allows us to compare their different levels of protection. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation. This website is not directed at EU residents and falls outside the European and MiFID II regulatory framework. Try our exclusive STP Zero Spread account and enjoy spreads as low as 0 pips. The books are pretty exhaustive and can help newbies gain a firm understanding of trading basics.

Solid Trading

You can manage online orders, positions and equity on potentially unlimited accounts with one-click order entry. The platform will also provide you with fully transparent activity reports and live monitoring of market prices and forex rates. We recognise that each trader, being a unique individual, has different needs, goals, trading style preferences and appetite for risk. Therefore, to cater to the needs of almost any type of trader, we offer exclusive account types. Get the most out of our 6 different account types, 3 Live and 3 STP/ECN with the lowest spreads and flexible leverage. Lime Fx offers demo accounts that introduce traders to the broker’s services and allows them to tweak their strategies in a risk-free environment.

The trading ideas and market analyses are well-researched and with a clear focus. My tests indicate that Lime Fx’s floating spread accounts are slightly more competitive than the fixed spread alternatives in normal market conditions. However, this may change at times of heightened market volatility as floating spreads tend to rise at such times. There is a detailed description of each account type’s spreads and commissions. Additionally, all the safety mechanisms, execution methods, and standards are explained in detail in Lime Fx’s Client Agreement.

You can also register multiple trading accounts in our Client Portal when you first sign up. Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today.

However, any account that has been inactive for 90 days and has an account balance of up to 1 cent of any currency will be achieved. Also, Lime Fx reserves the right to apply a 3% ‘no trading’ fee when a trader has deposited and requested to withdraw funds without ever entering one trade. Lime Fx charges above-average swaps, though this can also be partially explained by heightened volatility at the time of my review. It is also worth pointing out that the broker permits swap-free trading via its Islamic accounts.

Some regulators mandate compliance with the strictest financial frameworks, whereas others are less rigid. That is why traders need to familiarize limefx themselves with the safety mechanisms ensured by the entity they want to open an account with beforehand. Today, Lime Fx continues to solidify its position in the trading industry, governed by transparency and a deeply held commitment to its clients. You can use the filters of the calendar to search for events depending on their expected market impact.

When deciding on which account type to choose, you should consider a number of factors, including the product(s) you wish to trade, the trading conditions, and execution type. You should also think about researching what the platform itself has to offer. Choose between Live and STP/ECN trading accounts, offering both floating and fixed spreads. They are highly informative and cover a wide range of topics – from the basics of technical analysis to the intricacies of trading psychology. They are in multiple languages, making them quite accessible to a larger number of traders.

Please consider our Risk Disclosure.This website is owned and operated by Lime Fx. The fixed/floating spread account types, in contrast, have narrower stop-out levels (20%), making them more suitable for applying tight risk management. Fixed spread accounts also have a competitive advantage in such environments as their costs cannot rise, no matter how volatile the market becomes. I thus determined that fixed/floating spread accounts are better suited for beginners looking for extra protection. Explore the safest trading environment with fast execution and no requotes. 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.

Is Lime Fx good for beginners?

We performed our tests on a No Commission account using the MetaTrader 4 desktop platform and its mobile app. The account was opened with the Notesco Limited entity of the broker. Alternatively, you can become a Strategy Provider and earn performance fees by allowing other traders to copy your strategies. The better your performance, the more followers you’ll attract, resulting in higher earnings as they copy your successful trades. With no need to download anything on your desktop or your mobile devices, you can directly trade from your browser with the MT4 Webtrader.