Commissions I have recorded on the EUR/USD for the seven account types. The table shows how much you will have to pay to trade 1 full lot (100,000 units) on the EUR/USD when the pip value of the pair is $10. The broker entity does have comparatively high maximum leverage, but selecting a multiplier is up to the trader.

Best Trading Brokers

• The company’s past and present sponsorships with global brands, such as the Korean diving team and sailing athlete Marilena Makri, have set it apart from other brokers.
• Founded in 2013, Tradingpedia aims at providing its readers accurate and actual financial news coverage.
• These regulatory bodies oversee Lime Fx’s operations to ensure that it adheres to strict financial and operational standards.
• Lime Fx does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria and North Korea.
• Lime Fx processes payments in several different currencies and deposits in any other currency would be converted into the base currency of the client account.

A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. Our editors independently research and recommend the best products and services. You can learn more about ourindependent review limefx forex brokers reviews processand partners in ouradvertiser disclosure.

Trading Platforms

I also love how cost-effective this platform is, the broker has beginners in mind. An account manager is available with all of Lime Fx’s trading accounts. When we used Lime Fx, our experts also found that scalping, hedging, intraday trading and swing trading are all accepted. Lime Fx also offers the Cent account with which clients can start with fewer funds and smaller lot sizes. Lime Fx also offers an economic calendar while a VPS is available for $30 per month or with a minimum deposit of $5,000. The copy trading tool is excellent for beginners looking to learn from seasoned traders while experienced investors can generate an additional revenue stream.

Desktop Experience

Only verified trading accounts can deposit and withdraw, and the name on the payment processor must match the Lime Fx account name. Some payment processors have geographic restrictions, but the Lime Fx back office will only list the ones available to traders. Lime Fx notes the availability of 80+ currency pairs, making it an ideal Forex broker. Traders also get 15+ commodity CFDs, 20+ index CFDs, 30+ futures, and 150+ equity CFDs. I find the well-balanced asset selection suitable for most retail Forex and equity traders requiring fewer but highly liquid trading instruments, like day traders. I also like the Lime Fx fractional share dealing, which is excellent for smaller portfolios.

Lime Fx incorporates MetaTrader 4, which is quite popular among beginners for its simplistic design though I find it outclassed by newer and more user-friendly platforms. Lime Fx also has its proprietary app, which surpasses MT4’s equivalent in functionality. Lime Fx operates through three entities, with two regulated by the FCA in the UK and the FSCA, and one entity remains unregulated. I found the broker to be generally transparent, with information about fees easily accessible on their website.

• I like the trading environment at Lime Fx in the Absolute Zero account due to its competitive trading fees.
• I like how they have strict regulation in multiple jurisdictions and are well respected within the industry.
• Lime Fx’s MetaTrader 4 trading platform is available via a mobile app for Android and iOS devices.
• There are plenty of account types and payment options to suit all types of traders whilst each client is treated equally.
• For Adam, trading is not only a job but also a passion for more than 5 years.
• The broker does not have a huge range of commodity markets but it offers trade on the most popular ones.
• Mobile users benefit from total trade management without having to sacrifice functionality.

They take a customer focused approach and are committed to providing the highest standard of services with full transparency to clients. Each client is treated with the upmost esteem and as a valued partner. A much faster alternative is to make a deposit through a digital wallet. Digital wallets or e-wallets are fast, secure, and convenient methods to send and receive electronic payments.

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 featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.

Why is it Important to Know Where Your Broker’s Subsidiaries are Regulated?

Earlier in 2018, Lime Fx announced a partnership with EmurgoHK to open a cryptocurrency exchange, but the launch date hasn’t been announced. If you have at least $250 on your trading account, you can access the bronze package, which I use, and join analysis discussions that are always going on. Plus, this is an excellent tool for exploring other markets than the one you are focused on. Note, the broker is planning to introduce MetaTrader 5 (MT5) to its platform offering, which will bring more advanced analysis tools and trading features for experienced traders. Lime Fx has established itself as a global force in the online trading industry.

Although Lime Fx lacks a proprietary trading platform and its Bermuda-based entity operates without regulation, I rate Lime Fx as a decent broker that caters to the needs of its clients. Lime Fx’s MetaTrader 4 trading platform is available via a mobile app for Android and iOS devices. Also, the broker charges a sizeable 3% of deposited funds when withdrawals are requested during periods of inactivity.

Besides, shares, especially when traded from long-term positions, are very stable and provide a reliable generation of profit. With more than $3 trillion traded daily, the foreign exchange market or Forex is the largest financial market and the most popular option for retail traders. Trading is conducted 24 hours a day, except during the weekends, offering great flexibility to traders. Due to the high volume, liquidity, and leveraged positions, Forex provides great speculative opportunities and is preferred by many traders. They are highly informative and cover a wide range of topics – from limefx the basics of technical analysis to the intricacies of trading psychology.

These products may not be suitable for everyone and you should ensure that you understand the risks involved. For Adam, trading is not only a job but also a passion for more than 5 years. He has many years of experience in the financial sector and honestly admits that he is in love with his job. These regulatory bodies oversee Lime Fx’s operations to ensure that it adheres to strict financial and operational standards.

Traders have eight account options at Lime Fx, where the minimum deposit is $0 for most. You can withdraw funds from Lime Fx by logging into your account and submitting a withdrawal request. Lime Fx offers several withdrawal methods, including bank transfers, credit/debit cards, and e-wallets.