We are also disappointed with Lime Fx’s monthly inactivity fee of $5, imposed when your account is not funded or you execute no trades over a period of 120 days. While this type of fee is not unusual, Lime Fx imposes it after a relatively short period of time, especially compared with OANDA, which only charges its $10 inactivity penalty after 12 months. During tests, the EUR/USD came in at 0.1 pips, which is tighter than rivals like Lime Fx with its 0.6 pips limefx company reviews on the same pair.

True STP Execution

More you will get daily forex technical analysis by forex experts, and forex news. Lime Fx provides traders with access to a variety of research and educational tools designed to enhance trading knowledge and skills. These resources cater to both beginner and experienced traders, offering valuable insights into market trends and strategies. While the broker does not boast an extensive educational library, it offers enough material to assist traders in improving their technical and fundamental analysis skills. As a broker regulated by CySEC, MiFID, and MISA, it complies with stringent industry standards to protect traders. Lime Fx utilizes two-factor authentication (2FA) to prevent fraud and secure accounts, adding an essential layer of protection for all users.

Lime Fx operates in a regulated environment, which ensures a safe and supportive trading experience. However, for better transparency, we recommend signing up with a European entity. Lime Fx broker, or FX Central Clearing, is a Forex broker from Cyprus that started in 2010. It helps professionals in the forex market trade currencies, cryptocurrencies, indices, energies, and metals using advanced technology. The company is known for focusing on its customers by offering competitive prices and favorable trading conditions. In conclusion, Lime Fx stands out in the competitive forex brokerage landscape by offering a reliable and transparent trading environment.

Fast and Friendly Support

Beginners can practice and learn Forex platform trading with the aid of tools, educational materials, and demo accounts. To execute trades, you may use a variety of orders on a Forex trading platform, such as market orders, stop orders, limit orders, and trailing stop orders. Lime Fx can deposit and withdraw funds through bank transfers, debit/credit cards, and e-wallets.

Whether you are a novice or a seasoned professional, we are poised to assist you in your trading ambitions. Our motto, “a broker on your side,” epitomizes our commitment to your success. Traders have access to numerous deposit and withdrawal options at Lime Fx. Quotes remain sourced from multiple liquidity providers and matched for the best possible execution. Our team is happy to see that Lime Fx does not impose any trading restrictions, meaning strategies such as hedging and scalping are viable.

What is the minimum deposit requirement at Lime Fx?

• Lime Fx also maintains a presence in Cyprus for EU-based clients under the uncompetitive ESMA regulatory framework.
• Be aware, CY company has some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.
• In terms of safety measures, the separate login details for the MetaTrader 4 account to the Lime Fx trader hub adds a layer of protection.
• 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.
• I am happy with the selection of fee-free funding methods accepted by Lime Fx, which supports Visa/Mastercard, bank wire transfers, cryptocurrency and four e-wallets – Skrill, Neteller, EeziePay and AWEpay.
• While the broker does not boast an extensive educational library, it offers enough material to assist traders in improving their technical and fundamental analysis skills.

Criteria are established to guide the evaluation process, encompassing essential aspects such as regulatory compliance, trading platform functionality, trading conditions, and the availability of needed resources. Brokers are also evaluated and ranked based on their performance against the established criteria. Quantitative metrics, such as trading fees and minimum investments, are analyzed alongside qualitative factors like reputation and customer support quality. You would expect one of the leading ECN-STP brokers to provide you with the latest, cutting edge, platforms on which to trade and at Lime Fx we never disappoint. Our clients can access the FX markets on all the preferred devices; mobiles, tablets, laptops, PCs and through using remote servers.

Currency Pairs

The Vanuatu Financial Services Commission (VFSC) provides Lime Fx with a competitive regulatory environment for international clients. EEA-based traders manage their portfolios from a subsidiary that is authorized by the Cyprus Securities and Exchange Commission (CySEC). The Cyprus Investor Compensation Fund (ICF) protects retail trades in the event of insolvency up to €20,000.

ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements. Lime Fx could offer more in terms of trading tools and reduce or eliminate its withdrawal fees, but these are minor complaints. The broker uses a price aggregator to ensure that counterparty orders use the best bid and ask prices currently available. I rate Lime Fx’s customer service as top-notch in terms of responsiveness and speed. The multilingual support team responded very quickly to my queries over live chat, never taking more than 30 minutes to get back to me. I also find the FAQs section on the website a useful way to solve basic queries.

• EEA-based traders manage their portfolios from a subsidiary that is authorized by the Cyprus Securities and Exchange Commission (CySEC).
• Criteria are established to guide the evaluation process, encompassing essential aspects such as regulatory compliance, trading platform functionality, trading conditions, and the availability of needed resources.
• The broker focuses on keeping costs low, making it a popular choice among cost-conscious traders.
• This works extremely well with MT4’s expert advisors for automated trading, and I frequently make use of it when trading on Lime Fx.
• Our unwavering focus on customer support and educational empowerment underscores our resolve to foster a conducive and informed trading ecosystem for our clients.
• Lime Fx elevates mobile trading with the MT4 app on iPhone, iPad, and Android, perfect for traders with its reliable, advanced charting featuring 30 indicators, 9 timeframes and 3 chart types.

Which forex trading broker offers the most CFDs?

Spreads on other key currency pairs are also competitive, coming in at 0.5 pips on the EUR/GBP and 0.7 pips on the GBP/USD. Lime Fx provides a calendar that displays upcoming economic events and releases, along with their expected impact on the markets. I always like to check an economic calendar before take a decision on the trade. Unsurprisingly, safety is often a primary concern for investors when browsing for a new broker, with many scammers operating in the forex and CFD trading space. While Lime Fx is a reputable company and broker, regulation from CySEC does not offer the protection and assurance that a regulator like the FCA does. In addition, both new and existing Lime Fx clients can take advantage of a free virtual private server (VPS) for round the clock automated trading.

The­se platforms also give you access to le­verage, margin options, and other use­ful trading tools. MetaTrader 4 offers numerous features, including comprehensive charting tools for technical analysis, a recent asset news feed, advanced order options, custom indicators and expert advisor integration. With demo account support to help new traders learn the platform, MT4 caters to investors of all experience levels. Lime Fx offers traders a transparent fee structure with no trading commissions under its ECN XL account, relying solely on competitive spreads. The broker focuses on keeping costs low, making it a popular choice among cost-conscious traders.

Importantly, we never recommend choosing a forex broker based on their bonuses as they can encourage bad trading habits. Lime Fx’s stop-out kicks in when your margin level drops to 50% or lower. At this point, the forex broker will begin to close your positions until the margin level of your account is above the threshold again. Lime Fx uses a no-dealing desk model and does not act as a market maker, reducing the risk of price slippage or a conflict of limefx scam interest by the broker. Our team highly rates Lime Fx’s forex offering, which includes 72 major, minor and exotic currency pairs and is on par with competitors like OANDA, which offers 68 pairs, and Forex.com with its 82 pairs.

Customer support is available 24/5 via e-mail, webform, phone, fax, and live chat. The FAQ section answers many of the most common questions, and Lime Fx is transparent about its products and services. Most traders are unlikely to require additional assistance unless of an emergency. New traders have access to fourteen quality educational posts plus a dedicated section on major economic reports. Eleven eBooks complete the education at Lime Fx, and the overall product remains impressive.