Lime Fx Review 2025: Everything You Need to Know

broker Lime Fx

Regulatory bodies also impose capital adequacy requirements on brokers. This means Lime Fx must maintain a minimum level of capital reserves relative to its liabilities. Healthy capital reserves act as a buffer, further mitigating the risk of Lime Fx facing financial challenges that could impact your ability to withdraw funds. Established in 2005, Lime Fx has become a prominent brokerage firm specializing in forex and CFD trading.

You can get all types of ASX shares in the form of CFDs and you are able to short as many as 300 different CFDs. Overall, Lime Fx is a strong choice for traders of varying levels of experience. However, as with any financial decision, it’s essential to conduct thorough research and consider personal trading needs before opening an account with any broker. In summary, Lime Fx prioritizes efficiency and transparency in its deposit and withdrawal processes, aligning with its commitment to providing trader-friendly services.

  • A Contract for Difference (CFD) is an agreement specifying that the buyer must pay the seller the difference between the current value of an asset and its value at the time the contract was initiated.
  • They have a trading course and many different video tutorials covering topics for beginners and advanced traders alike.
  • By default, all ASIC-regulated brokers are market makers, but Lime Fx deploys a no dealing desk (NDD) execution model.
  • Lime Fx offers competitive leverage options across its range of trading products, allowing traders to amplify their trading positions and potentially increase their profits.
  • Lime Fx deploys a hybrid market maker/ECN model with NDD order execution.
  • He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry.
  • Overall, the research & education at Lime Fx are of high quality and add value to the core trading environment.

How long does it take to withdraw money from an Lime Fx account?

broker Lime Fx

Lime Fx delivers a compelling proposition for forex and CFD traders. The combination of robust regulation, a wide range of instruments, limefx scam competitive pricing, and advanced features makes it a strong contender. However, the lack of a social trading platform might be a drawback for some. Renowned for its commitment to excellence, Lime Fx offers a diverse array of trading instruments alongside state-of-the-art trading platforms and exceptional customer support. FP Market review is a leading online broker and it offers a range of trading platforms to cater to different trader needs.

Lime Fx delivers one of the most comprehensive selections of trading platforms and tools in the industry, ensuring traders have everything they need for successful trading. MetaTrader platforms are renowned for their reliability, comprehensive charting tools, and extensive support for automated trading. Both MT4 and MT5 offer features such as customisable charts across multiple time frames, a wide range of technical indicators, one-click trading, and support for trading robots (Expert Advisors). As shown in the table below, the availability of these platforms varies depending on your location and the regulatory jurisdiction you fall under. Additionally, each platform is available on different devices, ranging from mobile apps, to webtrader options, and desktop trading platforms.

broker Lime Fx

Trading Platforms

It is tailored towards experienced traders due to its extensive features and higher costs​. TradingView is available in Croatia, and many of the best Forex brokers in Croatia offer it as part of their trading platform selection. Some brokers in Croatia implement higher trading fees for TradingView, which Croatian Forex traders must consider. HANFA cannot control leverage restrictions by offshore Forex brokers, which do not require a HANFA license, as Croatian Forex traders are free to open trading accounts with offshore Forex brokers.

Deposit and Withdrawal

They are completely transparent and they segregate the customer funds away in a different account to limefx scam their operational funds. In conclusion, Lime Fx’ commitment to educating traders is commendable. By expanding content, improving organization, and diversifying formats, the broker can continue to empower traders with knowledge, setting itself on par with industry leaders. Overall, Lime Fx offers a competitive fee structure, as well as transparency, and flexibility. Traders can benefit from cost-effective trading while knowing what to expect in terms of fees and charges. Withdrawal fees are transparent, ensuring traders know what to expect.

Use the calculator below to compare Lime Fx’ trading costs with competitors such as Pepperstone and Eightcap, adjusting for trade size, currency pair, and base currency. A withdrawal will normally take about two working days, but in some cases it can take as long as five working days. There is a 1.8% credit card fee for withdraws and a $20 fee for bank transfer withdrawals. You can also make bank transfers and there may be fees that your bank charges you for making such transactions. There is also a number of different e-wallets for you to choose from, such as Skrill, BPAY and PaySEC. Generally, you will not be paying fees to MetaTrader account, but the e-wallet fees to the Iress platform will range usually from 3-4%.

Markets Offered

It can be used in 39 different languages, from Arabic to Vietnamese. A full-sized contract is 100,000 units of the base currency (the first currency quoted in the pair). Lime Fx are regulated by tier 1 authorities including ASIC (286354) and CySEC (371/18). Demo accounts are available and are initially set to expire after 30 days of inactivity.

  • Areas we scored Lime Fx the highest were excellent customer service (9/10), great educational resources (8/10) and a wide variety of funding methods (8/10).
  • The minimum deposit requirement for both Standard and Raw accounts with Lime Fx is 50 USD/EUR/GBP in Europe and 100 AUD or its equivalent for Australia and international clients.
  • Here is a breakdown of the primary fees and commissions you can expect.
  • The $6.00 commission for Forex traders per 1.0 standard lots remains among the best industry wide.
  • Both of these accounts have tight spreads and a large range of tradable instruments to choose from.
  • Here is a screenshot after launching the Lime Fx MT4 trading platform following installation, without modifications.

Beginner traders have access to quality educational content, in-house research, services provided by Trading Central, copy trading, and retail account management. Other costs traders must consider are swap rates on leveraged overnight positions. One of the benefits of trading Forex is leverage, which means borrowing funds from the broker to manage more significant trading positions.

A Wealth of Trading Opportunities

It incurs financing costs, known as swap rates, and the longer a trade remains open, the higher the fees. Third-party withdrawal charges may apply, but there is no inactivity fee at Lime Fx. Founded in 2005, Lime Fx is an experienced broker with a clean track record. Therefore, traders can rest assured that their deposits, segregated from corporate funds, are safe. The NDD execution model allows for conflict-free trade execution, and external financial audits exist, but Lime Fx does not provide details about the auditor.

However, it’s important to note that this broker does not accept US clients due to regulatory restrictions. Broker Lime Fx ensure that retail client funds are always kept separate from the firm’s capital and held in segregated accounts at leading banks. This means that client money is never used to meet company expenses. Yes, Lime Fx is generally considered a legitimate and reputable forex broker.

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