Global Broker in Forex, Stocks, Indices, Oil and Gold

The Micro account gives you all the same features as the Standard account, however, the equivalent contract size of trading 1 Lot is 100 times lower. Here are the criteria we used to review and pick the forex brokers on this list out of the hundreds of limefx website forex brokers out there. The fees that you might have to pay mostly depend on the account type you are using, as well as the asset you are trading.

Trading Instruments

Whether you are looking for ways to start trading with huge amounts of money, or you want to find a way to limit your losses, the standard account can be a great fit. This type of account is very popular in the Forex trading market and is widely used by both beginner and experienced traders. They have a wide ranging section for education, including free weekly webinars that are interactive. It is an ideal learning ground for beginner traders and with three different account types, they cater for all kinds of traders depending on what their specific needs may be. Lime Fx charges little to no fees on the processing of most transactions. The Lime Fx trading fees on CFDs are extremely low and there are no withdrawal fees.

We Give Every Client the Best Possible Trading Experience

• The second step also includes a little test to check your knowledge and experience in the market.
• However, if you are inactive for 90 days, you will have to pay an inactivity fee of $15.
• You will also provide the purpose of creating the account, and the experience that you have in trading.
• Thank you for taking the time to review Lime Fx, You’re absolutely right!
• Some brokers will charge for additional withdrawals in a month, regardless of the method.
• Lime Fx is a group of brokers operating in jurisdictions around the world under the umbrella of the parent company Trading Point of Financial Instruments Ltd.
• The broker offers a variety of payment methods to cater to traders from around the world.

But if you’re looking for a more social trading experience, you might want to look elsewhere. But the spreads can definitely be better, especially during volatile times. Lime Fx is great for newbie traders because of their educational resources. Just watch out for those spreads – they can fluctuate depending on market conditions. But I’ve noticed the spreads can get pretty wide when the market gets crazy. Just keep those withdrawal fees in mind when choosing your method.

On the plus side, we think they have an excellent selection of stocks CFDs, in addition to a decent selection of forex pairs. However, outside of stocks CFDs and forex that we believe that Lime Fx is lacking somewhat, and sometimes significantly so. However, we are underwhelmed by the lack of platform options at Lime Fx.

Platforms

ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. That said, Lime Fx falls behind with its limited pricing, range of markets, and platform offering — none of which can compete with the best brokers in this space. Lime Fx Group is a trusted MetaTrader-only broker that offers an outstanding selection of high-quality educational content and market research. Take advantage of our promotions and demo account to practice risk-free. Master the markets with insights from our team of more than 70 expert educators and free educational resources.

Withdrawal fees

Lime Fx Group offers a range of trading platforms to suit different preferences and trading styles. Lime Fx provides CFD trading, which allows traders to speculate on the price movements of these assets without actually owning them. There is a very high degree of risk involved in trading securities. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Enjoy a premium experience designed for seasoned traders with rewarding benefits including access to the widest selection of advanced trading tools available. Some may use technical analysis, while others rely on fundamental analysis or news trading.

• The broker charges a commission of $3.5 per lot on the Lime Fx zero account.
• This variety allows traders to gain access to many assets, thereby allowing them to maximize their trading strategies.
• The platform is regulated by the Financial Services Commission, ASIC, and CySEC.
• Lime Fx Group serves over 15 million clients across more than 190 countries, offering access to the same high-quality trading experience to every individual.
• If the currency you deposit into your account is not USD, the amount shown is the equivalent in the deposit currency.
• We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points.
• (See Trading Costs for a comparison of the spread versus commission account models).

Does MT5 offer any additional features compared to MT4?

All information on The Forex Geek website is for educational purposes only and is not intended to provide financial advice. Any statements about profits or income, expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed.

Lime Fx Group offers a comprehensive Learning Centre, including free webinars, live trading sessions, market analysis, and expert-led education. Resources are available in multiple languages and cater to traders of all experience levels. Lime Fx Group’s Learning Centre offers a variety of resources for traders limefx broker reviews of all levels.

That is why it is important to choose a broker with low commissions and fees. Lime Fx trading broker is regulated by several regulatory bodies, which ensure that it keeps users’ funds safe and secure at all times. These regulatory bodies include the Financial Services Commission, ASIC, and CySEC. These agencies ensure that Lime Fx consistently complies with best practices and remains transparent when dealing with clients. This makes it one of the most trusted brokers as far as investor protection is concerned.