Powered by ZuluTrade, a leading social trading platforms, Lime Fx gives you direct access to view and copy the trading strategies of others. You can join the thousands of people who now trade in this hassle-free way with this broker. Browse from a range of proficient traders with proven trading record, find a Trader to match your risk appetite and simply Follow their strategy. You can check the performance of your portfolio and individual Traders inside ZuluTrade platform. Just keep in mind that there is no guarantee on how the trading signals will perform and historical performance is no reflection of what will happen in the future. I actually prefer to maintain control over my own trading as I think this is the best way to learn from your mistakes and become a better trader.
Lime Fx withdrawal methods
The Active Trader Account is designed for high-volume traders, offering reduced spreads, premium support, and exclusive benefits. For those interested in tax-free trading, Lime Fx offers the Spread Betting Account for residents in the UK and Ireland. With Lime Fx spreads and commissions, the broker only offers floating spreads, so fixed spread trading is not available here. These floating spreads start from 1.3 pip on forex but they can drop lower to a starting point of 0.2 pips if you qualify for the active trader program. Lime Fx offers reliable customer support, available 24 hours a day, 5 days a week. Traders can reach the support team via multiple channels, including live chat, phone, and email.
- However, it should be noted that this is the only information we could find on the global brand site.
- This Lime Fx review covers both the pros and cons you need to know before you make an account.
- These regulators ensure that Lime Fx operates transparently and adheres to strict guidelines, safeguarding clients’ funds.
- It offers greater leverage options and a distinct set of customer protections compared to retail accounts.
When will I be charged the inactivity fee?
However, the Active Trader account offers tiered commissions with potential savings for high-volume traders. This platform is the most widely used platform by traders and the most offered platform by brokers, many consider MetaTrader 4 to be the ‘gold’ standard when it comes to platforms. While you can find platforms with more indicators, more charts, faster speed, as a whole, MetaTrader 4 offers one of the most complete packages because it does everything really well.
How To Open an Lime Fx Account
There are four ways you can start forex trading and CFD trading with Lime Fx. The first is with MetaTrader 4, which we have covered extensively here on PipPenguin. Crypto is the last asset class they offer, and there is more here than what is available for commodities and indices. However, expect only to trade this broker’s 10 most popular coins as CFDs. In terms of their Trustpilot score, Lime Fx has a 4.4 rating out of a possible 5 stars from about 350 or so customer reviews.
- We tested the multi-lingual Lime Fx team by calling them in various languages.
- While not a deal breaker, there is an inactivity fee charged to dormant accounts after 12 months of inactivity.
- The range of products available to you will depend on which global entity under the Lime Fx Group houses your trading account.
- Lime Fx’s fee structure is overall reasonable, catering to traders of different experience levels and trading volumes.
However, the fees and spreads can vary depending on the account type and the regulatory entity overseeing the account. Therefore, traders should review Lime Fx’s official website or specific terms in their region for detailed fee schedules and conditions. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers.
The Lime Fx Active trader account is tailored for frequent traders seeking premium features. Benefits include dedicated support, tighter spreads, and no commissions for UK residents. Active traders enjoy exclusive services like one-on-one consultations, API access for automated trading, and market-depth insights. Compare Forex Brokers was created to help Australian forex traders find the right broker to suit their trading requirements. Our forex broker comparison tables were constructed from information from providers’ websites or actual trading accounts. If you are looking for the best possible spreads, then Active Trader is the best choice.
As one of the downsides, we see that the range of instruments offered might not be sufficient for some traders as thousands of instruments are indeed not available. Additionally, the availability of certain assets and the minimum deposit requirements vary depending on the entity, so is good to verify conditions before getting started. 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. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets.
QuantConnect provides a comprehensive IDE designed by algo traders for algo traders. Built on the Lean Algorithmic Trading Engine, an open source cloud-based trading platform designed in C#. QuantConnect not only provides a design-environment it also connects some of the most sophisticated algorithmic traders in the open-source community together. QuantConnect provides take care of the API integration so that you can focus on strategy development through the use of its back-tester, Jupyter notebooks and in-house research.
What is the minimum deposit required to start trading with Lime Fx?
Therefore, traders should consider the trading time to ensure placing most trades during high liquidity times. Lime Fx offers a variety of educational resources, including webinars, tutorials, articles, and market analysis, to help traders improve their skills and knowledge. The broker places a strong emphasis on maintaining transparent trading conditions and delivering high-quality service, prioritizing these elements over the use of aggressive promotional tactics. This approach reflects Lime Fx’s commitment to building long-term relationships with its clients based on trust and reliability, rather than short-term gains through frequent promotions. The Lime Fx Professional Account is designed for expert traders and is available under CySEC, FCA, and ASIC regulations. It offers access to a wide range of markets, including Forex, commodities, indices, stocks, and cryptocurrencies, totaling over 100 assets.
This means that in the unlikely event of default, client funds held in segregated accounts are protected and cannot be used to benefit other creditors. Additionally, the FCA maintains records of all formal proceedings against regulated entities, offering transparency and increased investor protection. Lime Fx provides a range of valuable research tools that enhance traders’ abilities to analyze and react to market conditions. Additionally, Lime Fx’s website hosts an extensive help center with FAQs, platform guides, and educational resources, enabling traders to find answers independently. While most methods are free of charge, bank wire withdrawals typically incur a fee of $40.
These regulatory bodies enforce strict financial standards on Lime Fx, including capital adequacy requirements, and have the right to fine firms and terminate their regulatory status for violations. Accounts with Lime Fx are also segregated in accordance with client money rules, providing added protection for client funds. Opening a live account with the broker is a straightforward process that enables traders to access various financial instruments. Once submitted, Lime Fx will set up your demo account, giving you access to the MyLime Fx area with virtual funds to practice trading in a risk-free environment. The demo account will typically remain active for 30 days, but you can always open a new one once the period expires.
With its intuitive interface, this software presents real-time data and interactive charts alongside trading tools. Within this particular account limefx website framework provided by the broker, traders gain access to various markets, encompassing cryptocurrencies, currencies, commodities, and indices. This tailored solution caters to investors pursuing opportunities spanning diverse asset classes.
The Market Scanner allows traders to select a series of technical indicators and returns buy and sell recommendations based on the input. Lime Fx also added services by FinTech firm eFXplus, featuring simulation and Forex trading recommendations by sell-side analysts from major banks, Quant models, and insights. Lime Fx provides a great example of how to enrich your offerings and is truly a leader in this sector.
Spanning all the way back to 2011, with their most recent award being received in 2023. They have received everything from “best forex trading platform” to “best forex research team.”. Yes, Lime Fx is a regulated broker in the UK, Europe, Australia, and South Africa, adhering to strict standards. Their global reach and regulation provide a high level of safety and security for traders. These stats show that Lime Fx completes your orders with no slippage more than 60% of the time.
The range of markets available with Lime Fx is quite broad however you can find other brokers that offer more choices for each financial instrument. 39 currency pairs, for example, would put Lime Fx at the lower end of the broker for currency choices. Lime Fx is especially proud of their own Trading Station II (not to be confused with another platform TradeStation). It was built based on the feedback from Lime Fx traders and trading data accrued from over 10 years to meet the needs of their clients. If you are a high-volume investor, then the Active Trader account may be for you.
If you feel that Lime Fx is not right for you then at the bottom of this Lime Fx review you will find a lot of alternatives to Lime Fx. A quick implementation enables users to trade without fretting about slippage safely. Please note that due to regulations, the content in this review of Lime Fx does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America. I do note, however, that I had to enable hedging before I could make use of this strategy, though I did this easily by accessing my account settings. In particular, I would recommend Capitalise.ai for users interested in algorithmic trading but that don’t have coding skills. You can enter instructions in text form and the tool will sort the coding for you.
With its wide range of available platforms and deep offering of trading tools, Lime Fx has set the bar high and competes among the best brokers in the industry. Whether you are a beginner or an advanced algorithmic trader, Lime Fx has plenty of options. In our 2025 Annual Awards, Lime Fx finished Best in Class for its excellent Platforms and Tools. This https://limefx.group/ is mostly for US traders as we seem to have sooo few options thanks to wonderful regulations by govt. I hear on blogs that they are “broke” & will file bankruptcy soon but aren’t they the biggest in FX?
