This information helps traders stay ahead of the curve and make well-informed trading decisions. It introduces traders to the broker’s services and allows them to tweak their strategies in a risk-free environment. The market is continually evolving and never static, so it is important to hone your skills in a safe environment. You can set up a demo account for yourself prior to or alongside your live CFD account.

• I found Lime Fx’s selection of tradable instruments diverse enough to accommodate most trading strategies.
• However, the platform has cumbersome charts and lacks a timeframe lower than 1 minute.
• It is actually quite rare to find a broker that has fixed spread account which is often a choice for traders who are running scalping strategies that need consistent spreads at all times.
• The broker stands out with its extensive educational and research content, developed both in-house and sourced from the renowned Trading Central.

Research Tools

Lime Fx provides a rich collection of educational articles that delve into various aspects of trading. These articles cover topics such as market analysis, trading strategies, risk management, and economic indicators. They are well-researched and written in an easy-to-understand format, making complex trading concepts accessible to traders of all skill levels. The articles are regularly updated to reflect current market conditions and trends. With over a decade of industry experience and more than 1.5 million clients globally, Lime Fx is a well-established broker. It offers a range of safety features, including negative balance protection to shield traders from losses exceeding their deposits.

Is Lime Fx suitable for automated trading?

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades. According to its LinkedIn page, Lime Fx has been in operation for limefx scam 15 years and employs over 600 people—both indicators of its stability. After reviewing the broker’s legal documents, I found everything to be in order. The Client Agreement is easily accessible on the website, with all relevant information presented clearly and in an easy-to-understand format.

• These deposit bonuses can range from 20% to 100% or more, depending on the promotional campaign.
• Overall, I concluded that Lime Fx is an excellent choice for day traders, copy traders, and algorithmic traders.
• However, I consider it cumbersome and not the best choice for analyzing price action.
• Lime Fx provides a diverse range of highly informative educational materials in both written and video formats.
• Precious metals, such as gold and silver, are popular trading instruments for those seeking safe-haven assets during market volatility.

Lime Fx Account Types

You can trade spot metals with no currency exposure, some of the most competitive spreads and industry leading trading conditions. Lime Fx offers access to trade a decent amount of around 300 trading instruments across multiple markets including Forex, Commodities, Futures, Stocks, Shares, Indices, Metals, Energies & CFDs. Spreads start from just 0 pips whilst all trading instruments can be conveniently accessed using one account across all trading platforms. They provide fast trade execution speeds with no requotes and spread starting from just 0.0 pips. Lime Fx offers comprehensive customer support services available 24/5 in a wide range of languages, including Arabic, Chinese, English, French, German, Spanish, Russian, Persian, and many more.

Lime Fx offers about 310 tradable instruments across currency pairs, commodities, share CFDs, indices, and futures contracts. The assortment is wide enough to https://limefx.group/ accommodate the basic needs of most types of traders. However, the broker does not provide any low-risk securities, such as ETFs, bonds, or vanilla options.

Is Lime Fx a market maker?

In my opinion, MT4 is best suited for automated trading via Expert Advisors (EAs). The platform also has an intuitive strategy tester, allowing experienced algo traders to tweak the parameters of their strategies so that they can be used under different market conditions. I discovered that its EURUSD spread on the No Commission account exceeds the industry average considerably.

This can obscure price action examination and make it harder to perform detailed technical analysis. Lime Fx’s MT4 platform is available on Windows and Mac and supports 39 languages, including English, French, Spanish, German, Arabic, Chinese, and more. The table demonstrates how much you would have to pay to trade 1 full lot (100,000 units) in EUR/USD with a pip value of $10 for each account.

Additionally, the platform employs SSL encryption to secure all transactions and customer data, further enhancing the overall security of trading with Lime Fx. Lime Fx is a global online trading platform, offering services in forex, spot, and CFD trading. I am really impressed with the variety of accounts and think it is very advantageous how you can choose depending on what matters the most to you, whether that be low spreads or no commission fee. I would personally be looking at the zero spread account as I use trading strategies that rely on low spreads at all times. I don’t mind paying the small commission fee as the broker needs to cover costs somehow.

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The broker provides you with top class global customer support in over 30 different languages. Friendly representatives are hand to answer all of your questions 24 hours a day, 5 days a week via phone, email, and online chat. There is an excellent selection of forex currency pairs (major, minor and exotics) to trade, 24 hours a day, 5 days a week. You can choose your own leverage and have unlimited access to some of the largest liquidity providers through Lime Fx.

I would personally have no issue in trusting them with my funds and can therefore trade without worrying. Lime Fx’s glossary of trading terms is an essential resource for new traders who need to familiarize themselves with industry jargon. The glossary provides clear definitions of common trading terms, ensuring that traders have a strong grasp of the language used in the financial markets.

If your country is not accepted, please feel free to take a look at our broker comparison tool for alternative options. Client security is a key aspect of the groups philosophy with client funds being held in segregated accounts in accordance with strict policies and procedures, separate from their own funds. Each clients account is provided with a unique code which is used to ensure that the funds are only for the funding purposes. One thing in particular I like that sets Lime Fx apart from many other trading brokers is their admirable support for a wide range of philanthropic and charitable activities.

The broker ensures client safety by maintaining segregated accounts for client funds and offering negative balance protection. Lime Fx provides free Virtual Private Server (VPS) hosting, helping traders achieve ultra-fast order execution speeds and diminish the risk of negative slippage. However, the platform has cumbersome charts and lacks a timeframe lower than 1 minute. This means that they must comply with stringent national and international regulatory authorities and demonstrates their commitment to maintaining high business standards and ethics. Trading with a regulated broker can give clients confidence peace of mind that they have full security, by using a company that operates with the upmost transparency and integrity.