Lime Fx Group Review 2024 Trade forex and CFDs with top conditions

Even though commodities are certainly not the main specialty of this broker, our review of Lime Fx Forex broker still shows that there are 8 different resources that you can trade. These commodities include US Cocoa, US Coffee, US Cotton No. 2, and many more. When it comes to publicity, Lime Fx has no negative coverage that we were able to find on the web.

We and our partners process data to provide:

Even when they aren’t actively watching the markets, buyers can stayup to date on market changes and possible tradingchances by getting timely notifications. Existing clients can get a50% Deposit Bonus up to $500 and an extra 20% Deposit Bonus up to $4,500through a two-tiered Deposit Bonus program. These bonuses are available forboth Micro and Standard accounts, and clients’ trading accounts can get them immediately. Traders trust Lime Fx becauseit is regulated by these authorities, which make sure that client funds arekept separate from operational funds and subject the broker to regular auditsand monitoring. Additionally, if have any problems or complaints, they can goto the appropriate regulatory groups to get help. In all my time being a trader, this is the one broker that I can vouch for that doesn’t manipulate its charts and is honest with its operations.

Mobile Trading: Android, iOS, and Other Platforms

  1. Global clients, on the other hand, can open a Micro, Standard, or Lime Fx Ultra Low account.
  2. For example, a long position in EUR/USD results in a swap of -8.48 pips, while a short position results in 1.52 pips.
  3. The minimum deposit is $10,000, much more than other account types, reflecting the account’s concentration on more serious, equity-oriented traders.
  4. Over 1000 financial instruments are on offer at Lime Fx for forex traders in 7 asset classes.

Besides very fast transaction times, the broker also eliminates all transaction commissions whatsoever, except for the wire transfers below $200. During our review of Lime Fx Forex broker, not only did we examine the existing account types that you can get on this platform, but we also checked how to actually get them in the first place. When it comes to the trade-related commissions, it won’t be a stretch to say that Lime Fx lets you maintain the majority of your earnings by charging lower commissions. Furthermore, all account types, except for the Shares account, come with no fixed commissions whatsoever.

Additional Tools

In addition, it is one of the few brokers we have reviewed that allows clients to open up to 8 accounts, allowing users to benefit from the perks of different solutions. Lime offers an excellent breadth of 1000+ instruments, with trading opportunities on popular asset classes, including forex, stocks, indices, commodities and cryptocurrencies. You can trade hundreds of shares in major markets, including the US, UK, Europe and Asia. Commissions are as low as $1 per transaction while fractional shares reduce the entry barrier for beginners.

Overnight Funding Fee

Lime Fx’s mobile trading apps, available for both MetaTrader 4 and MetaTrader 5, offer full functionality, mirroring the capabilities of the desktop and WebTrader platforms. While many of the best brokers charge traders a commission fee for stock CFD trading, Lime Fx provides commission-free limefx company reviews commodity and share trading. The Lime Fx Micro and Standard Accounts are commission-free account types with spreads starting from 1 pip. We assess, rate, and rank dozens of international forex brokers. Interactive Brokers also began offering some cryptocurrency trading in 2021.

They can save hours in time over the long run which is better spent doing other things like following the latest market news and keeping track of any open positions. The main difference between MT4 & MT5 is that MT4 does not offer trading on stock CFDs and MT5 has slightly more features and functionalities in comparison. However, if you just want to follow price activity whilst placing and managing trades with ease, then MT4 should be fine. On the other hand, if you want to build more complex trading strategy templates, then you may prefer the extra indicators, timeframes and tools that are included with MT5.

They allow clients to trade various financial assets, including over 55 FX currency pairs, numerous CFDs on stock indices, commodities, precious metals, energy, and over 30 cryptocurrencies. Furthermore, the Demo Account provides a risk-free introduction to Lime Fx’s trading environment, allowing new traders to practice and improve their trading skills. This trial account uses virtual funds to simulate real-market circumstances without putting any money at risk. Lime Fx provides mobile trading apps for both Android and iOS devices, offering intuitive interfaces, real-time charts, technical indicators, and easy order execution. Lime Fx Group offers a range of trading platforms to suit different preferences and trading styles.

They earn from spread variations influenced by market conditions, liquidity, and currency pairs. Lime Fx offers tight spreads, with three account types catering to different preferences. Lime Fx, a market maker, offers diverse account options including Micro, Standard, Ultra Low, and Zero Accounts.

Also for beginners and those who are new to the forex business, there is a specially designed demo account that will help them learn the basics of the business. At, 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. 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). Adam Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst. Adam trades Forex, stocks and other instruments in his own account. He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch.

One of its differentiating aspects is its user-centric strategy, which provides clients with diverse trading products. These can be combined with the technical and market analyses provided daily. The market analysis includes trading ideas and a high quality research and education section on the website. Lime Fx offers great customer service, which is currently available in over 20 languages. If you are withdrawing to your domestic bank, you will be charged a fee for withdrawals above $200.

However, we also encountered a few posts where clients accused the company of price manipulation. According to the posts, the broker follows a dealing desk approach while processing clients’ orders. Nonetheless, most clients looked satisfied with the broker’s overall affairs. Essentially there are far more positive reviews about the broker on Reddit than those denouncing the company for specific reasons. In short, the broker seems to be fully committed to providing clients with the next level of educational services by continuously adding more features and content. Lime Fx offers great research and educational facilities for clients to learn and grow.

This feature enables traders to remain well-informed, even away from their workstations. MT4 further bolsters its reputation by incorporating advanced technical analysis tools. This broker offers MetaTrader 4 (MT4), a platform that has garnered widespread acclaim among traders on a global scale. The popularity of MT4 can be attributed to its seamless blend of user-friendliness and robust functionality. This is a notable divergence from industry norms, as brokers frequently charge administrative fees rather than swaps on Islamic accounts. The account is only denominated in USD and allows you to trade individual shares.

It places a paramount emphasis on security, offering login options based on device compatibility, such as fingerprint and face recognition. This account allows trading in typical lots of 100,000 base currency units and supports the same base currencies as the Micro Account. Like the Micro Account, it offers customizable leverage settings based on account balance, ensuring appropriate risk management for various trading methods. Regarding digital security, Lime Fx employs resilient data encryption methods throughout its trading platforms to safeguard customers’ personal and financial details. This broker is a renowned online firm specializing in forex and CFD trading. Founded in 2009, this broker’s Group has become a significant player in the trading world by offering its clients a diverse range of products.

If you are from one of the restricted countries, feel free to look for an alternative broker on our compare brokers page. I would always prefer to trade with a regulated broker as it gives me the peace of mind that my funds are safe. However, keep in mind that different regulators have different levels of protection.