In addition, I appreciate how they provide access to the MT4 Multi Terminal that allows you to log in to unlimited accounts simultaneously. CFDs and trading in forex on margin, carries with it significantly high levels of risk and might not be compatible for all the investors. It is possible to lose some or all of your money and investment.

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

However, you should be aware that a $5 mark-up per lot will apply if you open an account through us. The broker also offers Islamic accounts for swap-free trading, as mandated under Shariah law. Traders who want to open an Islamic account must contact Lime Fx’s customer support and request the service. MT4 permits algorythmic traders to use Expert Advisors (EAs) and its built-in strategy tester to create sophisticated strategies for automated trading. Additionally, the broker achieves execution speeds below 60 milliseconds and offers VPS hosting for low-latency trading. Lime Fx has a hybrid STP/ECN execution model with access to deep liquidity.

Because I get enough stress at trading, so I don’t need it outside of it. The broker uses a price aggregator to ensure that counterparty orders use the best bid and ask limefx broker reviews prices currently available. The multiple industry awards are also a reassuring sign for us. Although Lime Fx does not offer an extensive suite of forex tools, I am satisfied with the inclusion of a free Virtual Private Server (VPS).

Are Lime Fx’s Fees Competitive?

• Lime Fx provides assistance to trading clients via its 24 hour Monday through Friday multilingual customer support service that features dedicated account managers.
• Not only can you select from a wide range of charting tools and technical indicators with this app, but you also get real time market pricing.
• This low-cost trading environment is particularly appealing to traders looking to minimize expenses on high-frequency trades.
• Plus the spreads are tight.My overall trading experience and profits improve by far just by changing the broker I trade with.
• DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with.
• Broker is regulated by CySEC and that means something.And one more thing that I find useful is numerous ways of deposit/withdrawal.

I tested the desktop version of the MetaTrader 4 platform, which features multiple essential tools, such as one-click trading, an alarm setting option, and a market depth tool. These allow traders to examine various market developments from different angles and to exploit the underlying trading opportunities in multiple ways. The broker outperforms the broader industry in almost every aspect except for trading cryptocurrencies.

Account Types

I have specific respect for the forex brokers with such a history. Because the forex industry in general is a sphere of temptation to work unfaithfully. Decent trading conditions are a pleasant supplement to an awesome reputation. Generally speaking the broker gave me a very good impression. I didn’t see anything suspicious and negative in the trading process for a month I spent to test the broker.

My Key Takeaways After Testing the MetaTrader 4 Platform

Yes, Lime Fx, just like any other broker has services that can be improved. If you try to look for flaws, Lime Fx has them.But the most important thing for me is that the disadvantages of this broker are minor, and I can make a profit. Lime Fx has a rating of 2.6 stars from 72 reviews, indicating that most customers are generally dissatisfied with their purchases. The choice of payment methods depends on the company that you open an account with, and your country of residence.

It can be good to learn from mistakes and improve your trading skills by having some hands-on experience. Free demo accounts are available if you don’t want to take any risk limefx forex broker whilst practising. Professional traders and asset managers with many accounts want solutions that make managing several accounts straightforward and secure. The broker provides the MetaFx MAM (Multi Account Manager) software to multiple account traders and money managers.

• This includes multiple articles, guides, and e-books on topics related to fundamental analysis and trading psychology.
• The broker also has a clearly defined ‘Client Categorization’ policy.
• Lime Fx ECN XL account holders pay no commissions to trade any supported asset.
• We score and compare forex brokers in more than 15 categories.
• Still, Lime Fx has done well by providing an attractive, affordable and simple account option for day traders who will appreciate having no trading restrictions or minimum deposit requirements.
• Additionally, Lime Fx’s access to deep liquidity decreases the risk of incurring negative slippage at times of heightened market volatility, which is especially important for news trading.
• This is especially true if you plan on trading physical cryptocurrencies or any of the commodities traded through CFDs.

Forex Broker Guru is a dedicated website that offers in-depth and detailed reviews of various brokers in the forex market. Our platform provides comprehensive insights into the performance, features, and reliability of different forex brokers. Count on Forex Broker Guru to bring clarity to the world of forex brokers and elevate your trading experience. In the vast landscape of forex brokers, Lime Fx has established itself as a prominent player, known for its commitment to transparency, advanced technology, and a client-centric approach. In this comprehensive review, we’ll delve into the key features, trading conditions, and overall user experience that define Lime Fx as a brokerage choice for traders seeking precision in the forex markets.

We have over 20 years of experience when it comes to trading online so we know what to look for. Lime Fx seems to be a comparatively strong broker with comprehensively developed trading conditions. I actually promised myself not to change my broker again, but it had some major problems.

My Key Takeaways After Exploring Lime Fx’s Instruments Offering

In summary, Lime Fx is a good choice for beginners because it has no minimum deposit requirement and offers extensive supporting content. Seasoned traders can benefit from its fast execution speeds and extremely competitive prices. Lime Fx does not have a minimum deposit requriement, charges very low trading fees, and also offers extensive educational and research materials. However, casual traders can only trade on MetaTrader, which has a rather rugged design.