He has also published a book in 2023 on on investing and trading. 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. Our broker reviews are reader supported and we may receive payment when you click on a partner site. Lime Fx is also a great option for beginners, due to its wide range of educational materials and easy-to-use platforms, including its latest integration with TradingView. Trading Station Desktop opens up a world of potential opportunities with custom indicators, strategy optimization, strategy backtesting, and robust charting for serious traders. Our team is always striving to provide the best possible service, and we are happy to hear we’ve been successful in meeting your needs.
What a waste of time
This account offers Lime Fx’s lowest spreads with the added benefit of discounted commission, dedicated support, and depth of market. New traders may appreciate a standard style account, as no commissions mean a simpler cost structure. Long-term or discretionary traders may also like this account as the simpler cost structure compared to a commission account can make trading easier.
Although it took a while to get to the bottom of the technical issues I was having after the Lime Fx app was updated, eventually the problem was resolved. Once I understood why it was taking time, then I was happy to wait. Vanya Gencheva and Joseph David both helped to get upscale the problem and the Techies have now solved it and I can trade again.
Lime Fx is well-suited to a diverse range of forex traders thanks to its competitive spreads, flexible accounts and customizable platforms. This also comes after the broker reduced its spreads by up to 54% on selected forex, stocks and other CFDs in 2022. The result is that Lime Fx is now a great option for traders seeking tight spreads in a commission-free trading account. While using the broker, we got low spreads from 0.6 pips on the AUD/USD and 0.9 pips on EUR/CHF. This compares well to leading forex brokers, including Pepperstone and AvaTrade. As well as priority support, market depth is stronger with multiple levels of liquidity at each price, offering useful information for high-frequency traders.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% 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. Lime Fx is a global leader in the provision of forex and CFD market access. If you are an active trader or a newcomer anxious to get started, our award-winning service suite stands ready to help you achieve your goals in the marketplace.
Lime Fx is a zero commission broker that offers very competitive dealing spreads on CFDs and forex currency pairs. If you trade a notional amount of over $10 million per month, you qualify for a rebate for the trades you placed that is credited directly to your trading account the following month. Since 1999, Lime Fx, has been a pioneer in developing online forex offerings for retail traders. With its headquarters in London, Stratos Markets Limited (“Lime Fx”) has grown to have multiple international offices and is licensed in several major regulatory hubs globally. Finally, some of Lime Fx’s educational content is only available if your balance exceeds certain minimum thresholds. While minimum balance requirements could incentivize some traders to utilize the educational resources, I think it’s better to make the content free for all clients.
- To be able to take advantage of these discounted commissions, you will need a minimum of $25,0000 in equity in your trading account, so will not be a serious consideration for most retail traders.
- MetaTrader 4’s reputation and reliability make it a sound choice for all traders.
- Rest assured that no matter your resources and trade-related objectives, Lime Fx can furnish an alternative designed to enhance your trading experience in the forex market.
Lime Fx also provides a decent selection of top-quality trading platforms its clients can operate through. Beginning traders can also access various options to help them learn and enhance their trading skills. Overall, Lime Fx fits the needs of traders at all levels of expertise. The online broker even provides wholesale trade execution and liquidity solutions for retail forex brokers, smaller hedge funds and emerging markets banks through its Lime Fx Pro service. Lime Fx offers competitive trading fees, including low spreads of 0.6 pips on popular currency pairs like AUD/USD. The brokerage also cut its trading fees by up to 54% in 2022, bringing it in line with other low-cost forex brokers.
What is the minimum deposit at Lime Fx?
Jay and Julie Hawk are a married financial writing and authorship team who co-founded TheFXperts, a notable financial writing services provider. The Hawks each worked professionally in the financial markets and have more than 40 years of trading experience among them. Together, they write books, trade forex online for their own account and others, mentor traders, and have worked actively as professional freelance writers specializing in financial topics for over 15 years. 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).
ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements. There is also a rebate program that allows cash rebates depending on the volume you trade, which is a perk for active traders. Moreover, I found the user interface to be streamlined and simple. Lime Fx provides multiple trading platforms, including MetaTrader 4, Trading Station, NinjaTrader, and ZuluTrade, catering to different trading styles and preferences.
Account activation
Rest assured that no matter your resources and trade-related objectives, Lime Fx can furnish an alternative designed to enhance your trading experience in the forex market. The foreign currency exchange offers an abundance of potential opportunities for veteran traders as well as those new to the markets. If you are searching for a target-rich environment for active trading, look no further than the forex.
One Stop Forex Shop
Stratos Global LLC (“Lime Fx”) is incorporated in St Vincent and the Grenadines with company registration No. 1776 LLC 2022 and is an operating subsidiary within the Stratos group of companies. 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 Trading Station Mobile platform lets retail traders quickly and easily access the forex market. Trades can be placed and managed on the go through its simple, intuitive interface, which was designed from the ground up to function beautifully on mobile devices. 62% of retail investor accounts lose money when trading CFDs with this provider.
We have evaluated more than 400 forex brokers and Lime Fx scores well when it comes to trading fees. Please note that due to FCA regulation, UK retail traders are not able to trade cryptocurrencies with UK brokers. If you want access to crypto markets, you will need to sign up for an Lime Fx limefx scammers subsidiary outside of the United Kingdom. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
Likewise, search “Trading Station” on your phone’s apps store to get the mobile platform. As a client-oriented limefx reviews broker, we are always happy to read feedback like yours. If you ever want to share any preferences or suggestions, we’d love to hear you out.
It has a fresh modern look and a cleaner user interface, along with exciting new features that make this our best web-based platform yet. Also, MetaTrader 4 users can automate their trading using “expert advisor” or EA software they can program themselves or obtain from third parties. Also, institutional investors, retail brokers, emerging market banks and hedge funds can take advantage of Lime Fx Pro. This high-end broking service gives institutional clients excellent pricing and access to the forex and CFD markets. Novice traders can take advantage of Lime Fx’s extensive educational and research resources, as well as its video library that covers a wealth of trading topics.