Lime Fx review

Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. It is relatively straight forward process to open an account at Lime Fx. You just need to click on the ‘Register’ button at the top-right corner of the brokers website.

Lime Fx – MetaTrader-Exclusive Forex Broker

It is a regulated broker with a European license, which ensures safety for trading and protection for clients. It also provides negative balance protection in case of insolvency. Lime Fx lists 71 currency pairs, 12 cryptocurrency pairs, 12 indices, spot metals and commodities, like WTI and Brent.

Minimum Deposit

Lime Fx review

My withdrawal was delayed with mo good reason given, my time, money and effort was wasted for nothing. I lost hope until recently i came across a review of someone who got their money back from another company. My email is on my profile, write me if you are limefx official site having any type of withdrawal troubles. Lime Fx’s trading account is also available without a swap, upon request. Open your account online and contact your account manager for more information.

Lime Fx ECN XL account holders pay no commissions to trade any supported asset. Dealing spreads for forex pairs and CFDs can vary from 0.0 pips upwards depending on the liquidity and trading volume of the asset involved. ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers.

they take 2% withdraw via crypto

Traders can access the processing times and minimum/maximum deposits by clicking on the + next to each option. Lime Fx transparently provides all necessary information on its website. There are no deposit fees, but several withdrawals face internal charges while third-party processor costs may also apply.

Is Lime Fx Safe to Trade With?

  • Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process.
  • Understanding how to adopt a proper trading mentality is especially important for long-term success in the market.
  • One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative.
  • Lime Fx has unusually competitive dealing spreads that you can gauge by opening a free demo account.
  • The online broker covers a range of important topics including guides on foundational information for the forex market that all beginners should read.
  • This broker definitely welcomes experienced traders who can easily meet this requirement.

Lime Fx offers 24/7 customer support via live chat, email, and phone in English. Agents respond quickly and appear generally knowledgeable and polite. The website also has a dedicated FAQ section for more general queries. I also appreciated that Lime Fx offers gold and crude oil assets denominated in multiple currencies (EUR and USD), making it more competitive for traders with different base currencies. It impresses with its extensive range of currency pairs comprised of multiple major, minor, and exotic pairs.

Spreads/Commission in Forex

Another big downside is the lack of web trader compatibility, which I find convenient because it provides limefx reviews straightforward and fast market access. This is low compared to many brokers, but it’s still a downside since rivals like Vantage charge nothing, making them a better fit for casual traders. Lime Fx’s investment offering is excellent for forex traders but weak in other departments. Maybe one of the reliable brokers I’ve worked with, and I’ve worked with a bunch of them already. It’s good to know that your funds are safe and sound while you trade.

  • Just look at trading conditions, which are listed on website and immediately understand everything.
  • Whether you’re trading major currency pairs or exploring commodity markets, Lime Fx provides the necessary tools and instruments to engage effectively in global financial markets.
  • If this is important to you, we suggest opening an account with FxPro or AvaTrade instead.
  • Additionally, the broker achieves execution speeds below 60 milliseconds and offers VPS hosting for low-latency trading.
  • Five MT4 user guides and a Forex glossary section are also available.

Whether you are a beginner looking for a low-cost entry into the forex market or a professional trader seeking competitive conditions, Lime Fx’s ECN XL account provides a solid, flexible option. Lime Fx has earned a good score for its fees due to the tight ECN spreads combined with no commissions, an unusual pricing model that places this brand among the cheapest forex brokers we have reviewed. While many forex traders are familiar with the MetaTrader 4 software, which allows for expert advisors that can automate your trades, no other trading platform is offered.