Traders can keep their costs down by trading with spreads as low as 0 pips for currency pairs such as the EUR/USD and the USD/JPY. For this privilege, traders pay a commission of $3.5 (per lot per side) for every 1 lot traded, or $7 per round trip. The commission is on top of the very tight spreads, starting from 0.0 pips on major currency pairs. (See Trading Costs for a comparison of the spread versus commission account models).
- Lime Fx accepts traders who are residents of countries from the European Economic Area (EEA).
- Customers can choose between the world-famous third-party trading platforms MT4 and MT5 and the proprietary solution of the broker, the award-winning Lime Fx App.
- There is no way of knowing how often, if at all, Lime Fx trades against its clients.
- If you’re looking for a regulated forex broker with a strong international presence and beginner-friendly conditions, Lime Fx is a smart choice to consider in 2025.
Reviews of Lime Fx Technical Support
Each competition card shows the terms, start and end dates, and first prize. If underway, cards also display detailed participant statistics, allowing traders to track progress and performance efficiently. European clients under the CySEC jurisdiction are covered by the Investor Compensation Fund (ICF). If a finance company under the CySEC jurisdiction fails then its clients are protected up to €20,000.
It has four tiers—Executive, Gold, Diamond, and Elite—with higher tiers offering more points per trade. These points can be redeemed for trading credit, and they don’t expire. The program is designed to benefit active traders based on their trading volume. The eligible trading accounts are the micro and standard accounts only.
Customers can choose between the world-famous third-party trading platforms limefx website MT4 and MT5 and the proprietary solution of the broker, the award-winning Lime Fx App. To help facilitate the customer service that Lime Fx offers its clients from around the world, it claims to have support in over 30 languages. Lime Fx boasts competitive fees with low spreads and no maintenance or deposit/withdrawal charges. The broker’s transparent fees and varied account types offer flexibility to orders. While industry-standard fees include overnight funding and currency conversion, the inactivity fee may concern less active traders.
Security and Money Guarantees
Compared to the industry benchmark, Lime Fx’s swap charges are low to average and suitable for longer-term trading. Furthermore, Lime Fx’s 360-degree research content affords the broker’s clients a broad overview of market developments. You continue trading with Lime Fx’s standard conditions—same spreads, leverage, and platforms—while earning more with every trade through HighFxRebates. By opening your Lime Fx trading account through HighFxRebates, you can maximize your earnings with exclusive cashback offers on each trade.
Lime Fx offers mobile versions of both MetaTrader 4 and MetaTrader 5, available for Android and iOS devices. Lime Fx does not offer Multi Account Manager (MAM) or Percentage Allocation Management Module (PAMM) accounts. Verification can help ensure real people are writing the reviews you read on Trustpilot. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Dear Siyabong,Thank you for your feedback 😃 We’re glad you find the Lime Fx trading app simple and easy to use 🙌 Our goal is to make trading as smooth and straightforward as possible.Lime Fx Team 🚀BIG.
- Some brokers will charge for additional withdrawals in a month, regardless of the method.
- Lime Fx is regulated, which adds to its credibility, and their 24/7 multilingual support means you can get help whenever you need it, which is a big plus.
- However, the broker does provide a proprietary mobile app, which is available for Android and iOS devices.
- Lime Fx stands out for its outstanding customer care, offering around-the-clock support across multiple channels.
- As a trader who prioritizes flexible chart scaling, I find MT5’s charting capability too rigid and less effective.
This regulatory coverage assures traders of fair practices and adherence to international financial standards, providing peace of mind. BestBrokers.com is free to use for everyone and it may earn a commission from some of the listed trading platforms with no additional cost to you. It is always important for would-be traders that they understand the flip side of trading with a dealing desk broker.
Overnight Funding Fee
Whether you trade forex, commodities, indices, or stocks, you get access to a powerful and stable trading environment. Index CFDs remain reasonably priced, with the S&P 500 showing a minimum spread of 0.45 pips, placing it among the most competitive offers. Data on the lowest costs for gold and silver reveal 1.30 and 2.00 pip spreads, respectively. Lime Fx lists WTI Crude Oil with a minimum of 0.03 pips and the minimum price fluctuation as 0.01 pip or $1.00. Overall, Lime Fx implements an acceptable CFD fee, most favorable for traders with smaller portfolios and less trading frequency. Trading individual stocks at Lime Fx is available with competitive to average stock fees.
It can be said that these levels of spreads and commissions are competitive for depositors of relatively low amounts. The minimum deposit required to open a Standard Account is only $5, so for traders depositing only a few hundred dollars or less, these fees will certainly be competitive. Lime Fx treats all clients equally, regardless of account limefx official site size, by providing top-tier trading conditions. Launched in 2009, Lime Fx is a global and regulated broker, offering perfect conditions to unfold your trading potential. Opening an account is a matter of minutes, with several account options, varying across the different broker entities.
The broker does not charge a handling fee for any methods, though third-party banking fees may apply. In this review, I tested the MetaTrader 5 platform, which features multiple essential tools, such as one-click trading, an alarm setting option, and a market depth tool. These allow traders to examine various market developments from different angles and to exploit the underlying trading opportunities in multiple ways. The broker provides robust research content and extensive educational materials. It also impresses with its diverse account types and thematic indices offering.