This empowers individuals of all backgrounds to become well-informed investors capable of making sound investment choices. Joining Lime Fx is completely free, and new users automatically get a Lime Fx demo account with a $100,000 virtual currency balance. The Lime Fx trading platform imposes a variety of Lime Fx spreads and fees, depending on the type of financial instrument traded on Lime Fx or withdrawal methods requested on Lime Fx. While it is true that they are commission free, they do charge the standard overnight fees for leveraged positions and an inactivity fee of 50 units of the account’s base currency after a full year of inactivity. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).
According to ForexBrokers.com, Lime Fx’s trust score is 95, making it highly trusted. When clicking on the 4th bottom menu option, you’ll land on the research area. We believe that the title “Research” is a bit of an overstretch as it’s simply a proprietary newsfeed with Lime Fx’s articles along with an economic calendar.
What platforms does Lime Fx offer?
The material does not contain (and should not be construed as containing) investment advice or an investment recommendation,or, an offer of or solicitation for, a transaction in any financial instrument. Lime Fx supports the Forex, Minors, Majors, Exotics, Indices, Energies, Metals, Bonds, withdrawal methods. Available Lime Fx deposit methods may differ depending on your country of residence. When buying or selling Forex, Minors, Majors, Exotics, Indices, Energies, Metals, Bonds, on Lime Fx levies straightforward, and completely transparent fees listed on the Lime Fx website. Lime Fx’s charts are great, but nowadays, no broker’s charts are a match for TradingView so in this case, there are not many positive points to describe given that Lime Fx also provides the TradingView option. While testing the platform, we used a limefx scammers 13” Macbook Pro, so our screensize did not allow for the standard layout to be fully visible, meaning that we had to scroll down to gain sight of the other blocks.
It is regulated by numerous regulatory bodies such as the US Commodity Futures Trading Commission (CFTC), National Futures Association (NFA) and Financial Conduct Authority (FCA). In addition, Lime Fx offers competitive margin rates with no hidden fees or hidden costs. With its extensive array of services, robust customer assistance, and unbeatable trading fees, Lime Fx stands as the preferred broker for investors worldwide. In this comprehensive review, we’ll delve into Lime Fx’s offerings to unveil why it has earned the title of the best broker of 2023. Lime Fx Rollover fees, also known as Lime Fx weekend and overnight fees, are subject to periodic adjustments by Lime Fx based on the conditions of the global market.
Lime Fx Broker: Trading Platforms & Tools
On the negative side, Lime Fx’s asset offering is below average even as a specialised FX broker, currently they have only 41 currency pairs with a total instrument count below 300 assets. When it comes to assets offered, Lime Fx is definitely outnumbered by the majority of brokers. Being a brokerage specialised in currencies, their offering should at least be significantly higher on forex pairs.
Lime Fx Platforms & Assets Review
Please be aware that any changes to Lime Fx fees will always apply to positions that are currently open. Check out the Lime Fx fees page will allow you to stay informed about the most recent Lime Fx rollover fees and refunds. The abbreviation for “London Interbank Offered Rate” is “LIBOR.” When determining the Lime Fx overnight fees for stocks, Lime Fx makes use of the US Dollar LIBOR rate for one month. The London Interbank Offered Rate (LIBOR) publishes 35 different rates every day; these rates range from overnight to 12 months and are based on five different currencies. Lime Fx traders must keep an eye on LIBOR rates when understanding any potential Lime Fx fees that may be applied. Traders are able to move cryptocurrency holdings from the Lime Fx trading platform to their own personal Lime Fx crypto Wallet.
The fees are deducted from your Lime Fx available balance and vary depending on the value of your Lime Fx position as well as the direction (BUY or SELL) that it is moving in. On Lime Fx, the ask rate is used whenever a position is long (BUY), but the bid rate is used whenever a Lime Fx position is short (SELL). The terms “ask” and “bid” correspond to the Lime Fx financial transactions known as “buy” and “sell,” respectively.
- Lime Fx’s commitment to customer satisfaction makes them one of the most reliable brokers in 2023.
- Lime Fx makes it simple to determine the cost of the Lime Fx spread when trading virtually any instrument, including Forex, Minors, Majors, Exotics, Indices, Energies, Metals, Bonds,.
- One of the key features of Marketplace is the ability to open and manage all your trades directly from the charts.
- If you want to know the most up-to-date prices, it is best to check out the Lime Fx fees page.
Transparency gives their clients a level of assurance and trust that the broker is meeting the client’s expectations when it limefx scammers comes to trading. Lime Fx to deliver on the client’s requirement of fast order execution with no slippage, competitive pricing and no re-quotes. 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. Other account types available include an Interest-free account, which are Swap Free Islamic Accounts designed for those who can’t pay swaps. If you haven’t logged into your Lime Fx account in a while, your Lime Fx account is considered inactive.
Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. Thanks to its combined offering of both Trading Station and MetaTrader 4 (MT4), Lime Fx delivers a reliable, feature-rich mobile experience for forex traders. ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. Lime Fx provides multiple trading platforms, including MetaTrader 4, Trading Station, NinjaTrader, and ZuluTrade, catering to different trading styles and preferences.
When you purchase anything on Lime Fx, including Forex, Minors, Majors, Exotics, Indices, Energies, Metals, Bonds, or any other assets, you will be subject to Lime Fx spread fees. They are accounted for in the total purchase price that is displayed to you in Lime Fx. Pips are used to measure prices for both Lime Fx commodities and currencies. Whereas percentages are used to describe stocks and various other assets on Lime Fx.
easyMarkets Broker fees
Lime Fx provides a range of educational materials covering market analysis techniques, trading strategies, and risk management to help traders of all levels. In addition to excellent customer service, Lime Fx also offers educational resources to help traders stay up-to-date on the latest news and trends in the markets. From webinars and seminars to video tutorials and eBooks, there is something for everyone at Lime Fx. This makes it easy for traders of all levels to learn more about trading and improve their skills. The current state of the international financial markets may cause these Lime Fx fees to be adjusted, and such adjustments may take effect with or without prior notification on the Lime Fx trading platform. If you want to know the most up-to-date prices, it is best to check out the Lime Fx fees page.
For traders who appreciate advanced trading tools and quality market research, Lime Fx is a winner – especially for algorithmic trading. Though its range of tradeable markets is growing, it remains fairly narrow. Average spreads at Lime Fx are more favorable for active traders or clients residing in the EU, U.K., or Australia. FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader. Trading with Lime Fx equates to saving valuable time and money, enabling you to concentrate on refining your trading strategies, rather than fretting over broker fees or account management issues.
The broker provides traders with access to advanced trading platforms that feature cutting-edge charting and analysis tools. These tools help traders make informed decisions when entering and exiting their positions. In addition, Lime Fx provides a range of risk management tools such as stop-loss orders, price alerts, trailing stop-losses, limit orders and more. These features help protect traders from large losses in volatile markets. Their most popular platform is Trading Station, which is web-based, intuitive, and easy to use.
Every Lime Fx transaction has a $30 minimum withdrawal amount on Lime Fx that can be made available to the Lime Fx client. Any withdrawals made in a currency other than US dollars are subject to additional Lime Fx fees to cover the cost of currency conversion. Since the US dollar is used for all deposits and withdrawals, any other currencies that are converted into dollars first need to be converted into US dollars when withdrawing from Lime Fx.
