One of the main advantages of the Lime Fx MT4 platform is its ease of use. You can seamlessly switch between the desktop, web and mobile MT4 app. This means you can analyse the markets and manage your positions from anywhere, at any time. The fact that MT4 is one of the most popular trading platforms explains the huge number of trading algorithms and indicators that are available on the market. Trading algorithms help traders to automate their trading, and you can create or access them from MetaTrader marketplace.
Range of Assets
Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages limefx broker reviews featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
Brokers By Country
Instead, we always recommend choosing a broker that has gained its name through years of seamless operation and great trading conditions. Also, a license from a top-tier authority is a must, if you want to engage in trading with minimal risks. Find a broker with a license from reputable authorities, such as FCA, ASIC, or CySEC, such as Go Markets, BlackBull Markets, and Lime Fx. I quite enjoyed Lime Fx’s educational guides covering very basic trading topics that novice traders are likely to ask. They do not delve particularly deep into the subject matter or examine more complex topics but are quite useful as a starting point.
Is Lime Fx a market maker?
Despite the appealing features and offerings, its registration in an offshore zone is a significant red flag for traders. Furthermore, negative trader feedback and reviews are additional reason to be cautious and refrain from signing up with this broker. I have compiled the table below to help you better understand the difference between the trading fees on Lime Fx’s several account types. It illustrates the spreads and commissions I have recorded on the EUR/USD pair for each account type. The table shows how much you will have to pay to trade 1 full lot (100,000 units) on the EUR/USD with a pip value of $10. The competitiveness of Lime Fx’s fees depends on the asset classes traded.
- However, it’s essential to note the regulatory limitations that may restrict access for certain traders based on their location.
- However, there is no cap on the maximum retail leverage, and no compensation scheme has been put in place.
- Our commitment is anchored in fostering a vibrant and adaptive environment, laden with all essential tools pivotal for a comprehensive trading experience.
- This is especially the case when you consider that they do not charge a commission on top like most do.
- Traders can also use the platform’s web trading and mobile trading versions.
- As a trader seeking to explore Forex trading, you require skilled guidance.
- The broker provides over 300 trading instruments across most major asset classes, offers diverse trading accounts, and incorporates the popular MetaTrader 4 platform.
Best Forex Brokers of 2025: Top Forex Trading Platforms
Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. Our meticulously crafted trading environment encompasses competitive spreads, rapid execution, and a rich array of products, empowering our traders to navigate the markets with assurance. This reflects Lime Fx’s unwavering focus and dedication to offering a holistic and top-tier trading product. Our inception was fueled by the aspiration to present avant-garde trading software, harmonized with unparalleled trading environments.
- We’re dedicated to helping our clients achieve their trading goals, and we’re thrilled to hear that you have found our materials helpful.
- If a Client holds any positions overnight, then an applicable swap charge will apply.
- They have everything that you need to get quick and easy access to the financial markets.
- Our services extend to novice and seasoned traders alike, granting access to an array of opportunities within the multifaceted global financial markets.
- Lime Fx does not offer its services to residents of certain jurisdictions such as the USA, Iran, Cuba, Sudan, Syria, and North Korea.
- Based on the available information we have gathered about Lime Fx, it appears that the broker may not be reliable and trustworthy.
The cent account is similar to the other accounts, with the only limefx broker reviews difference that dollars are denominated in cents. For example, if you deposit $100, this will be converted and added to the cent account as 10,000 cents. If you are a beginner then trading on the cent account can be a great way to brush up on your trading skills and develop a strategy that produces consistent results without taking any unnecessary risks.
It is important for the Client to understand that the fluctuation of the underlying instrument may influence the value of the derivative product and affect the Client’s profitability. The Client should also be aware of “gapping” where events occur that result in a sudden and significant profit or loss on the Client’s account. “Gapping” can occur either when the underlying instrument/market is open or when it is closed. The Company holds the Clients’ funds in licensed credit institutions (banks) and in more particular keeps segregated Clients’ accounts from the Company’s own account, in accordance with regulations. All information on 55brokers.com is only published for general information purposes.