The bonus is based on the cumulative funded amount during the calendar week of your initial deposit in that week. There are three tiers, with the minimum bonus being 25 USD and the most being 200 USD (which will need you to deposit 5,000 USD minimum). The next step is to fill out your employment status as well as your trading experience. You will then be taken to the signup page, where you will need to fill in some personal information such as your name, surname, Email, base account currency, and platform.
This environment is designed to meet the needs of all forex traders, ensuring they can act quickly and confidently in response to market movements. For a more in-depth look at the accounts available for forex trading, check the Lime Fx account types page. Founded in 2003, NinjaTrader offers software and brokerage services for active traders.
Yes, Lime Fx is regulated by several financial authorities, including the FCA in the UK, ASIC in Australia, the CySEC in Europe, and the FSCA in South Africa. It is regulated by multiple tier-one financial authorities, including the FCA and ASIC, which adds credibility and oversight to its operations. Lime Fx (Forex Capital Markets) is a well-established and globally recognized forex and CFD broker.
Is Lime Fx regulated?
The excellent range of trading platforms already come fully loaded with more trading tools than most of you will ever need access to. There is everything you need for conducting detailed market analysing and managing trades effectively. Not to mention, you can get a practically endless number of add-ons for the platforms to further enhance your trading limefx scammers possibilities. You can even develop your own if you have the programming skills to do so, or hire a freelancer to bring your strategy to life. That being said, it is great to see that Lime Fx have also included a very generous range of additional tools to help support your day trading activities. You certainly won’t be short of inspiration for trade ideas with this broker.
Trades can be placed and managed on the go through its simple, intuitive interface, which was designed from the ground up to function beautifully on mobile devices. It has all the powerful trading tools for efficient trading and market analysis. I found the mobile app very easy to use although it is slightly limited in functionality when compared to the desktop platform. However, it is ideal for tracking your trades and following the markets whilst on the go. Yes, Lime Fx offers virtual portfolio accounts so you can test your trading strategies before risking any real capital. Inexperienced traders can open a demo account in order to better understand the areas of Forex trading and test out some of the features before getting a live account.
This simplified trading process makes the platform a great tool for beginner traders. This is Lime Fxs offering to all clients who don’t qualify as an Active Trader. This account is a commission-free account, which means the trading costs are included in the spreads. This explains why spreads are wider than commission-based accounts such as the Active Trader account. Lime Fx is a global forex provider trading with various Lime Fx entities in the UK, Europe, Australia and South Africa. We found that Lime Fx has a simple, helpful account type structure, a hybrid trading execution model and a good range of trading platforms.
I lost both my time and hard-earned money.Found reliable help through the organization on profile.
Lime Fx User Experience
Lime Fx is a broker with a great reputation, coverage of many regions, established operation for many years, and a Broker with a great selection of trading platforms. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- For the European clients, their funds are further protected by the insurance provided by the ‘Financial Services Compensation Scheme’ (FSCS).
- Every online trading platform has some ups and downs, and no Lime Fx review would be complete without showing both sides.
- This variety caters to traders with different investment preferences and strategies, broadening their opportunities to engage with international stock markets through a single trading platform.
- ZuluTrade is a platform for social trading that empowers traders to discover and duplicate the tactics of proficient traders.
- Filippo Ucchino created InvestinGoal, a comparison site and educational portal for the online trading and investing industry.
Then Lime Fx plus has features and data such as economic insight, trading signals, technical analyzers, trading analytics, and more. However, this is locked behind a paywall, so we can not give you further information on it. The last step in the registration process of opening a trading account is to fill out a security question, provide your password, and agree to the terms and conditions. Below is the table comparison of what each trading platform has and what clients can expect when signing up with Lime Fx and using each.
Demo Account
- Multiple financial authorities regulate Lime Fx, and typically, you will head to the broker’s website and then to the footer section, where these will be detailed.
- With little more than 100 assets available, some may consider the Lime Fx asset offering to be quite limited even though it covers a variety of markets.
- Then the active rebate account that Lime Fx offers its clients requires fulfillment of a trading volume in excess of 10 million USD per month.
- Besides online banking, wire transfer is a possibility also, even though it takes approximately 4-7 days.
This https://limefx.name/ means that at all times, Lime Fx must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law. If trading forex pairs is of interest to you then Lime Fx offer over 50 currency pairs. Moreover, the withdrawn money will be transferred directly to the accounts you use to make deposits. Generally, Lime Fx doesn’t charge high fees in comparison to other online agents.
Depositing with the broker is typically instant in most cases depending on the method you use. With that said, your first deposit may take 2 or more business days to complete. If you do encounter any issues, then there is a full tutorial provided by Lime Fx with text included, on how to deposit funds. Overall, if you are into spread betting then Lime Fx could be a good value starting point with a low spread and accessible minimum deposit. Lime Fx spread betting is made available where regulation permits, to UK and Ireland based traders. This spread as standard is pretty high but a good range of pairs are offered along with the unique forex baskets where you will also find a USD, and emerging markets basket alongside the Yen basket.
CFDs
Lime Fx social and copy trading are both made available in connection with Zulutrade. The Zulutrade social copy trading platform allows you to open and account and connect it to your broker, in this case Lime Fx. When it comes to trading techniques, Lime Fx is very open in what is allowed. They are a very algo-friendly broker who provide for a range of extra tools to accommodate algo traders. An Lime Fx inactivity fee is charged, however this only happens after a period of 12 months with no client-initiated activity.
Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). Lime Fx provides a respectable variety of market research from a combination of in-house content and third-party materials. Overall, Lime Fx’s research is a touch above the industry average and will satisfy most forex traders, though it’s not as rich or diverse as what’s offered by the best brokers in this category.
The broker gives you a nice variety of quick and easy account funding option to choose from, including digital wallets which I find most convenient for moving funds around between my trading accounts. It is great that Lime Fx does not charge deposit fees but be aware that your payment provide might. In compliance with the Anti Money Laundering (AML) procedures, Lime Fx does not accept cash deposits. The broker also rejects cheques and funds transferred from exchange houses. Accounts can be opened in a good selection of currencies including USD, GBP, EUR, CHF, JPY, NZD, CAD, AUD.
Tickmill Broker Review 2025: Are They A Good Broker?
The broker offers its clients innovative trading tools, proprietary data and premium educational resources. Lime Fx offers a variety of account types to cater to different trading preferences and levels of experience. The Standard account, ideal for beginners, is commission-free, providing a user-friendly introduction to forex and CFD trading.
The wide selection of powerful trading platforms is one of the biggest selling points of Lime Fx for me. These include the brand’s proprietary Trading Station as well as the popular MetaTrader 4, TradingView, and Capitalise.ai. We have evaluated more than 400 forex brokers and Lime Fx scores well when it comes to trading fees. The broker does not charge deposit or withdrawal fees for most payment methods, however, third-party processing fees may apply.
When a trade necessitates currency conversion, this broker imposes fees for such alterations. These expenses hinge on the exchanged amount and are assessed as a nominal markup over the prevailing exchange rate. However, withdrawing money may involve fees, especially for those conducting international bank wire transactions.
