Lime Fx provides traders with an outstanding trading experience. Its list of supported countries includes Australia, China, Germany, UAE, the UK, etc. Moreover, the educational material featured on its website is made up of informative lectures and resources for both new and expert traders to polish their skills and attain trading knowledge.
- Lime Fx offers assistance through the many choices a trader can have when trading with this company.
- Whether you are new to the world of trading or looking to develop your skills, you have come to the right place.
- EEA traders get an investor compensation fund limited to €20,000 per client.
- Known for its user-friendly interface, it offers advanced charting tools and over 100,000 public indicators, making it accessible for traders of all levels.
Lime Fx offers a newly launched mobile trading app that enables users to trade Forex, Shares, Indices, and Crypto CFDs seamlessly from one account on the go. Lime Fx offers institutional-grade raw pricing, ultra-tight spreads from 0.0 pips, and fast execution via Equinix NY4 servers. Lime Fx offers two major software platforms, Iress and MetaTrader. But for the dedicated Forex accounts, it only designated the MetaTrader 4 & 5 platform. The Iress comes with a lot of bells and whistles for stock and commodities traders who need to compare price actions of different asset classes to find trading opportunities. Nonetheless, the MetaTrader platform is rather simple to use without compromising the core functionalities required for Forex trading.
Lime Fx Trading Experience Score
However, they are not enough if you do not have research tools to ensure that trading goes as smoothly as possible. From the Traders Hub page, you can read the technical analysis and fundamental analysis given by experts. There is an ASX live data feed charge that is waived, too, based on how much you trade in a month.
Where is Lime Fx based?
Adam Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst. Adam trades Forex, stocks and other instruments in his own account. He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch. Lime Fx also offers customer support five days a week in multiple languages. The outstanding education and learning material are provided by the broker.
To learn more, you can read comparisons of Lime Fx vs Plus500, FP Markes vs OANDA, Lime Fx vs Admirals and Lime Fx vs eToro. By comparing Lime Fx against these industry benchmarks, we aim to provide traders with a comprehensive and unbiased view of where Lime Fx stands in the competitive forex brokerage landscape. The mobile trading app offers 60+ currency pairs including major currencies like EUR, GBP, USD, and AUD. It also offers a CFD trading platform and access to global exchanges like NYSE and FTSE.
The good part is that when combined with technical analysis, this can lead you to long-term trends, which is a good edge on your part as a trader. Users can access mobile trading at their convenience by using MT4 and MT5 on their iOS and Android devices. From the website, users can easily click on the links provided to download the apps directly into their mobile devices. The biggest selling point of Iress is that it gives you quotes in real-time for over 10,000 tradable financial instruments. That is a number much higher than any of the brokers in the market can provide.
Depositing ease
Lime Fx commission fees are competitive compared to other online brokers with similar ECN Account types. As shown in the table below, RAW Account holders pay $3 per side, per 100k https://limefx.biz/ traded, while most brokers charge $3.50. The MetaTrader 4 and 5 both come with mobile trading apps from the software vendor, MetaQuotes. You can download these apps for respective Android or Apple devices from Google Play Store or Apple Store and access your brokerage account on the go.
Understanding the Regulatory Protections of Your Account
He has a Masters and Commerce degree and has an active role in the fintech community. He has also published a book in 2023 on on investing and trading. The MT4 platform has a limited selection of just four stocks, making MT5 or IRESS preferable if you are interested in share trading. Lime Fx has an overall trust score of 60 based on regulation, reputation, and reviews. In our Execution Speeds testing, Lime Fx achieved market order speeds of 96ms, better than the industry’s 134ms average, although its limit order speed was slower at 225ms. The problem with dealing with a large broker is the lack of personal touch.
It maintains an elevated level of transparency and has established itself as a reliable broker. It continues to earn the trust of clients for over fifteen years and counting. While the Lime Fx Trading App only supports rudimentary charting tools, MT4, MT5, and cTrader come with a similarly advanced package as its more powerful desktop versions. Despite the availability, the screen size and absence of multi-screen support make complex analytics impossible to conduct.
CTrader is ideal for both short-term and long-term traders, offering advanced charting tools, level II pricing, and rapid execution. It supports Forex, CFD, and crypto trading, with over 70 currency pairs and a wide range of other assets. It’s especially useful for traders who need advanced chart types and the ability to use multiple timeframes. Lime Fx offers two core forex trading account types – Standard and Raw – across both MT4 and MT5 platforms. Whether you’re a beginner looking to start with a low deposit or an experienced trader seeking ultra-tight spreads and fast execution, Lime Fx has an account designed for your needs.
- Social Trading is the process in which traders learn about the trades of professional traders and their strategies, and analyze the performance of those trades using statistical data.
- On the Iress platform, you may have to pay a monthly trading charge.
- They literally have everything a forex trader could need and more.
- While non-equity trading costs remain very competitive, equity trading tends toward the industry average.
- As a trader, you want to have diversity so you can deploy your strategies properly.
Lime Fx’ comprehensive offerings cater to a variety of trading preferences and strategies. Choosing the most reliable Forex brokers in the World requires evaluating key factors like spreads, leverage, commissions, Forex trading platforms, and deposit methods. To further improve your trading performance, explore the top 8 effective trading indicators every trader should know.
Trading opportunities are delivered via email, mobile applications with push notifications, within the client area and in the MT4/MT5 platform. Access financial markets across Forex, Metals, Indices, Commodities and Cryptos. Tick charts, session maps and trade assistance tools such as the Trade Terminal assist in identifying market volatility and leveraging it through day trading. Trading doesn’t end when you open or close a position with analysing and reporting recognised as key areas in any trading strategy. The Excel RTD is the ultimate reporting tool as it inserts real-time data into Excel which can then be used to send trading commands to the trading platform.
We used the chat service multiple times and consistently received responses within 10 to 30 seconds. The support team was knowledgeable, promptly addressed our questions, and provided links to relevant resources when needed. We also used the email facility and received a prompt response within 15 minutes answering all of our questions thoroughly. Together, the platforms available cover a variety of trading styles and levels of experience. Opening an account in the UK places traders under the jurisdiction of the FSA (St. Vincent and the Grenadines), allowing UK traders to take advantage of the maximum leverage available. They offer 12 cryptocurrency CFDs including the major cryptocurrencies such Bitcoin, Ethereum, Ripple etc.
It provides essential trading features and tools, ensuring a smooth trading experience. One of the standout features of Lime Fx is its competitive spreads, which enhance the cost-effectiveness of trading across various asset classes. This can significantly benefit traders by reducing their transaction costs and optimizing profitability. Furthermore, the broker’s commitment to regulatory compliance adds an extra layer of security for clients, assuring them of a safe trading environment. You can choose your trading conditions, including commissions, spread mark-ups, account currency, performance fees and margin/call. The brokers low commission structure, combined with tight spreads, results in greater limefx website margins for trade managers.
Is Lime Fx a regulated broker?
TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate. Many users praise Lime Fx for its high quality customer support. You can contact a support agent 24/5 via live chat, telephone, or email, and support is available in several languages.