There is much written about the ECN XL account they have crafted and its reputation as one of the best account types is well deserved. This had bringed me to Lime Fx in the first place.Yesterday I registered an account on this platform and I was surprised that even a deposit bonus is available. It can be a great boost, especially for traders like me with limited funds. They have been established over a decade ago, so it they’re not going anywhere pretty easily. It establishes a transparent environment for trading with minimal interference from the broker.it is also a very budget friendly platform, which is another great advantage for a lot of traders out there. Lime Fx supports the MT4 mobile trading platform that provides excellent trading features you can also enjoy when using the MT4 desktop platform.
Their ECN XL trading account is so…
Most likely, this is why this broker has only one option for trading conditions. As this broker offers consistently low spreads, it is possible to enter and exit trades several times a day, to take advantage of even small price swings. However, you should be aware that a $5 mark-up per lot will apply if you open an account through us. I like trading condotions which Lime Fx offers to the trader who work with the broker.
Lime Fx’s Price Aggregator automatically scans the market for the best bid/offer price combinations, thereby ensuring you get the most competitive and transparent executions for your trades. Keep reading our Lime Fx review to find out if this broker would be appropriate for your needs. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. This is a great broker so far based on my experience but there are 2 things missing with them , they dnt have MT5 and second on demo account there are some currency pairs only . We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms.
Well, I was a little confused by fact that this broker doesn’t allow me to choose trading conditions but offers only one available option. These trading conditions are ideally suited to trading system that I limefx reviews use. But I can assume that I’m not the only one who is so lucky. These trading conditions seem to be favorable, which means that they will suit many traders as well as me.
Bonuses
And also leverage levels are high on almost all of the asset classes. I’m talking about those traders who started trading quite recently. As it turned out, I didn’t know anything about trading at all.Now I sometimes open real orders to test my skills. In addition to offering free access to a Virtual Private Server (VPS), Lime Fx currently offers an attractive bonus to account openers. You just open an account and make a deposit to receive an impressive 100% deposit bonus in your trading account up to a maximum amount of $2,000. Terms and conditions do apply to this promotion, especially when it comes to making withdrawals, so make sure you read and understand them before making a deposit.
Frequently Asked Questions
While they could make some more account options, the only account available fits all kinds of trading strategies.. It is worth mentioning that they don’t charge trading fees,, which is rare for an ECN account.The only platform available for trading is MT4, keep this in mind. Lime Fx provides assistance to trading clients via its 24 hour Monday through Friday multilingual customer support service that features dedicated account managers. The broker also has a live chat service and an online form you can fill out, as well as a support email address, fax and phone number. In addition, Lime Fx maintains active social media profiles on Facebook, Twitter, LinkedIn and other networks.
- Execution is faster than the speed of falling comets during shooting stars season, thank you guys for that.
- Similarly, the ‘Market Analysis’ section had a focus on just three currency pairs during testing which is not wide enough in my opinion.
- It’s good to know that your funds are safe and sound while you trade.
- I have been trading with the broker since 2021 and it has been an awesome experience.
- I’ve personally used and tested the brokers on our service, opening and funding real-money accounts, contacting customer service and placing trades.
With Lime Fx, you can open a trading account denominated in US dollars, euros or British pounds. If you fund your account in a different currency, Lime Fx will use Hellenic Bank’s exchange rates, published here. Lime Fx’s trading account is also available without a swap, upon request.
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Lime Fx is good for day trading thanks to its very tight spreads in the ECN account, leverage trading opportunities, and access to the fast and dependable MetaTrader 4 platform. Accessing the MT4 app through an Lime Fx account is also straightforward, requiring only 3 easy steps, while mobile traders get the same tight spreads and reliable execution provided by the broker. Still, Lime Fx has done well by providing an attractive, affordable and simple account option for day traders who will appreciate having no trading restrictions or minimum deposit requirements. I think it’s a trustworthy broker from what I understand in the forex industry. The simple fact that Lime Fx has been providing its services since 2010 continually tells a lot about the credibility of the company.I used to pay attention to the background of any entity first.
That’s a key factor for me and that’s why I decided to join them and I can say since the moment I started trading through this broker I didn’t have any problems. Like, they dont lure you in with leverage, dont create 15 account types. They dont have their own cooked up half-working trade platform, instead its tried and tested MT4 which is the best trading platform for retail by far. Novice traders should have little difficulty finding online assistance about how to operate the MT4 platform and use it to their advantage.
So many times my trades were executed at a different price than the one I saw on the chart.Here things are completely different. Plus the spreads are tight.My overall trading experience and profits improve by far just by changing the broker I trade with. Positives are the no minimum deposit, free demo account limefx broker reviews and excellent support, however it lacks the educational tools or social trading features provided by category leaders like eToro. Lime Fx works very well for intermediate and advanced forex day traders seeking high leverage and tight spreads from a ‘frill-free’ broker. The broker on the one hand is suitable for beginners judging by the minimum deposit.
While an interactive course or videos are not available, the existing content provides a well-thought-through introduction to trading. One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. Lime Fx shows clients how to obtain the most up-to-date rates, a step many brokers omit. Lime Fx has earned a good score for its fees due to the tight ECN spreads combined with no commissions, an unusual pricing model that places this brand among the cheapest forex brokers we have reviewed.
The spreads there are really very tight and it is great because we don’t need to give the major part of our profits to the broker in the form of charges and keep everything to ourselves. While an Lime Fx no deposit bonus does not exist, Lime Fx offers a 100% first deposit bonus with a $2,000 limit. Terms and conditions apply, and I urge traders to read and understand them before accepting the incentive.
Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.
I am using Lime Fx services more than one year and I hope Lime Fx will be provided above all of services by maintaining their quality of services for their users always. In addition to access to daily market analysis and market education resources, you can get a 100% first deposit bonus of up to $2,000 when you open an Lime Fx XL account. If you want to check out this broker’s services and trading platform, just open a free demo account with no minimum deposit. Forex Broker Guru is a dedicated website that offers in-depth and detailed reviews of various brokers in the forex market. Our platform provides comprehensive insights into the performance, features, and reliability of different forex brokers.
Lime Fx places its clients’ funds in segregated accounts with several international banks, separate from its own accounts. Clients’ funds are held in segregated accounts with several banks. However, you won’t be able to access a compensation fund should Lime Fx go bankrupt. There’s no minimum deposit, and Lime Fx accepts a wide range of payment methods. These include bank transfers, credit cards (Visa and Mastercard), electronic wallets, and cryptocurrency.