Trading Station Desktop opens up a world of potential opportunities with custom indicators, strategy optimization, strategy backtesting, and robust charting for serious traders. The CompareForexBrokers team created a trading platform selector so you can work out what trading software best matches your trading needs. I recommend you complete the short 5 step questionnaire which will help you determine your most suitable forex platform. Use the calculator below to compare Lime Fx’s trading costs with competitors such as Pepperstone, Eightcap and CMC Markets, adjusting for trade size, currency pair, and base currency. This is likely because it is easy to use, reliable, fast, and provides helpful information. It’s important to do your research and think carefully before investing.
Average Monthly Branded Searches By Country
Lime Fx is an independent legal entity and is not affiliated with MetaQuotes®. An Lime Fx No Dealing Desk Brokers determines the best execution means which can result in Lime Fx acting as a market maker or using a dealing desk. Lime Fx’s in-house education is above average, and primarily takes the form of articles, videos, and content produced for its Lime Fx YouTube channel.
Lime Fx provides multiple trading platforms, including MetaTrader 4, Trading Station, NinjaTrader, and ZuluTrade, catering to different trading styles and preferences. Spread betting allows UK residents to trade financial markets tax-free on profits. With Lime Fx, you can trade hundreds of financial instruments commission-free and with no stamp duty, while using leverage to open larger positions. You can also start with smaller bet sizes, from as little as 7p per point. Experience a platform trusted by thousands of traders — fast execution, user-friendly tools, and full regulatory backing. Lime Fx offers 24/5 award-winning customer services with customer support contactable via live chat, email, phone and even SMS text message.
- Benefits include dedicated support, tighter spreads, and no commissions for UK residents.
- You can also start with smaller bet sizes, from as little as 7p per point.
- Finally, some of Lime Fx’s educational content is only available if your balance exceeds certain minimum thresholds.
Their services include support for retail brokers and hedge funds, and they have customer support available five days a week. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other scammed by limefx trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. For traders who appreciate advanced trading tools and quality market research, Lime Fx is a winner – especially for algorithmic trading.
Lime Fx is not required to hold any financial services license or authorization in St Vincent and the Grenadines to offer its products and services. The MT4 platform does not allow Lime Fx to include commissions in pre-trade margin calculations on client’s pending orders. You should therefore ensure that you have reserved sufficient buffer usable margin before opening new trades.
Forex
- If you prefer social or copy trade, then Zulu Trader might be your preferred choice of the trading platform.
- The majority of clients will use their Standard Account, which is designed for retail traders’ high volume traders will prefer their Active Traders account to save on costs.
- MT4 Mobile and MT4 Web are platforms created and supported by MetaQuotes Software Corp.
- If you wish to call Lime Fx, there are 42 country-based numbers one can call from.
All other deposit methods do not have a minimum deposit requirement however may have limits on how much can be deposited each month. When making a deposit into your account with a credit card or debit card (Visa or MasterCard) there is a minimum of $50 per deposit and a limit of $30,000 per month for all Lime Fx clients. All these platforms are available on desktop, web, and mobile, giving you the flexibility to trade from anywhere. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.
Trading Fees
For those individuals, hosting Trading Station locally via download is an easy way to get up and running in the market. 2 At the beginning of the month (between 1st and 15th), a fee equal to 30 units of the base currency (3,000 JPY, 240 HKD) will be debited from any of your Lime Fx Account(s) to cover the VPS cost for each subscription. Comparison is based on the average Lime Fx Group spreads of the period April 1, 2022 to June 30, 2022.
Lime Fx has a knowledge section that consists of research or market analysis tools and education. If you prefer to place orders by phone, Lime Fx offers a trading desk line that can be handy should you experience an interruption in your internet connection. All CFD option is commission-free, which means costs are included in the spread. Most deposit methods take up to 1 business day to complete however bank wire can take 1-5 working days.
Lime Fx provides a respectable variety of market research from a combination of in-house content and third-party materials. Overall, Lime Fx’s research is a touch above the industry average and will satisfy most forex traders, though it’s not as rich or diverse as what’s offered by the best brokers in this category. With its wide range of available platforms and deep offering of trading tools, Lime Fx has set the bar high and competes among the best brokers in the industry.
Lime Fx fees and commission
An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. Yes, Lime Fx is a regulated broker in the UK, Europe, Australia, and South Africa, adhering to strict standards.
Looking for Mobile?
Use our country selector tool to view available brokers in your country. Likewise, search “Trading Station” on your phone’s apps store to get the mobile platform.
Their global reach and regulation provide a high level of safety and security for traders. The broker claims to offer some of the tightest spreads on the market when it comes to trading BITCOIN. Lime Fx is especially proud of their own Trading Station II (not to be confused with https://limefx.biz/ another platform TradeStation).
The range of markets available with Lime Fx is quite broad however you can find other brokers that offer more choices for each financial instrument. 39 currency pairs, for example, would put Lime Fx at the lower end of the broker for currency choices. If you prefer social or copy trade, then Zulu Trader might be your preferred choice of the trading platform. This type of trading allows you to copy the trades of experienced traders, making it a great choice for beginner traders wanting to learn the trading strategies of successful traders.
The Lime Fx Professional Account is designed for expert traders and is available under CySEC, FCA, and ASIC regulations. It offers access to a wide range of markets, including Forex, commodities, indices, stocks, and cryptocurrencies, totaling over 100 assets. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.
Deposit Options and Fees
We found that Lime Fx has a simple, helpful account type structure, a hybrid trading execution model and a good range of trading platforms. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. These stats show that Lime Fx completes your orders with no slippage more than 60% of the time. Lime Fx standard spreads generally fall in the midrange when compared with other brokers with the most competitive spreads on offer appearing to be for AUD/USD and USD/JPY currency pairs.
This account offers leverage, faster execution, and lower fees with commissions based on trade volume. Discounts apply to major currency pairs like EUR/USD and GBP/USD, allowing traders to earn compensation from spreads, commissions, and rollovers. Lime Fx is a global broker founded in 1999 that specializes in online Forex trading, and CFDs. They provide tools for easy trading, like mobile access and quick order execution. Lime Fx also offers educational resources to help traders learn and succeed.