In this case, simply log in to your Client Portal, and click the blue reset button next to the MT4 password on your dashboard. Our deposit bonuses provide some extra power when you are just starting out. In our reviews, we examine the licenses and regulations of each entity operated by a broker. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation.
What is the minimum deposit for Lime Fx?
A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, limefx broker reviews swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. When you trade CFDs, you can do so by using leverage, which means that traders only need to use a small capital amount to control a much larger position in the market.
Trade CFDs on global spot indices such as the Aussie 200 or the German DAX with Lime Fx and enjoy low margin and high volatility in a more economical and less stressful way. Instead of trading individual shares, track the performance of a basket of securities through an index and open positions on several stocks at once. Diversify your exposure and hedge against unpredictable fluctuations resulting from economic news. This website is not directed at EU residents and falls outside the European and MiFID II regulatory framework.Please click below if you wish to continue to Lime Fx anyway. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. It is limefx website regulated locally by the Financial Services Authority (FSA) of Seychelles and adheres to some of the main safety requirements in the trading industry.
What are Lime Fx trading hours?
Precious metals are a useful way to diversify a portfolio and hedge against inflation. Metals are popular trading instruments that can be traded on the London Metal Exchange (LME), the New York Mercantile Exchange (NYMEX) and the Shanghai Gold Exchange. Gold is the most popular metal offering high liquidity and trading CFDs allows flexible leverage and measured risk. The broker provides over 300 trading instruments across most major asset classes, offers diverse trading accounts, and incorporates the popular MetaTrader 4 platform.
I requested additional information about Lime Fx’s execution model, average execution speed, and general trading conditions. An agent connected almost instantaneously to the chat, but they did not introduce themselves. They responded fairly quickly to my question about the inactivity fee policy but struggled to explain their execution model. However, as a trader who relies heavily on precise technical analysis, I am highly skeptical of MetaTrader 4. At least when it comes to executing penetrating technical analysis.
I consider the Standard account as the most accessible option due to its minimum deposit requirement of $100 (when there are no accompanying bonuses). However, the combination of commission-free trading and floating spreads from 1.8 pips exceeds the industry average. The Privilege account, as the name suggests, features the most favorable trading conditions, but the minimum deposit requirement is quite elevated. Lime Fx offers more than 300 instruments across several asset classes, including FX pairs, commodities, share CFDs, indices, cryptocurrencies, and futures. The offering is well-balanced and suitable for the execution of multiple trading strategies. With Lime Fx, you can access competitive spreads with both our Live Floating and Live Fixed accounts.
Is Lime Fx a market maker?
Your account should reflect your goals, needs, and ambitions on the market. You should take into consideration several factors, such as whether the account type has a minimum deposit requirement, its spreads and commissions, the execution method, and more. MT4’s app suffers from the same underlying problem inherent to other mobile apps. Analyzing price action behavior on low-resolution devices is extremely difficult. That is why I recommend using the mobile app only to monitor your positions’ development and make changes if needed.
Indices
Buy and sell CFDs on commodities and benefit from competitive spreads and flexible leverage across our whole commodity range. The swap or rollover fee refers to additional charges that can be incurred overnight when traders leave trading positions open. The fee is applied by the broker so traders can continue holding a leveraged position after active market trading hours. You can access 300+ underlying instruments from 6 asset classes at some of the most competitive conditions. Choose the account that suits you best and start trading with confidence. I conducted my test on 18 December at around 9.50 am CET via live chat.
- Lime Fx has an attractive offering of high-yield/risk instruments, such as share CFDs and cryptocurrencies.
- It illustrates the spreads and commissions I have recorded on the EUR/USD pair for each account type.
- However, the platform is quite old, and its rugged design is outclassed by newer and sleeker platforms.
- As long as there is enough liquidity in the market, all order requests will be filled at varying speeds.
At the time of my review, there were 5 upcoming webinars, all in Arabic. I quite appreciated that there is detailed personal info about market experts who lead the webinars. I quite enjoyed Lime Fx’s educational guides covering very basic trading topics that novice traders are likely to ask. They do not delve particularly deep into the subject matter or examine more complex topics but are quite useful as a starting point. I also appreciated the vast amount of over 150 written articles that are available from Lime Fx’s blog section of the website. Lime Fx works with multiple payment services to provide its clients with maximum flexibility.
Lime Fx has invested time and energy in developing research materials, which I found quite diverse and unconventional. Its podcast and LiveTV feature are two excellent examples of this, giving traders a unique perspective on currently evolving trading opportunities and market developments. Access a variety of markets with exceptional trading conditions and dedicated multilingual support 24 hours a day. With a flexible trading system, MT4 allows for algorithmic trading and mobile trading, making it one of the most powerful platforms in the market. I appreciated Lime Fx for developing the bulk of its research materials in-house. Its content is diverse and provides a basic explanation of current market trends and developments.
Lime Fx, with registered address of F20, 1st Floor, Eden Plaza, Eden Island, Seychelles, is a trade name of Tradeco Limited.
Deposits can be made via bank wire, credit or debit card, e-wallets, or crypto wallets. The broker does not charge deposits and withdrawal fees, except for withdrawals below $300. I performed my tests on a Standard Lime Fx trading account using the desktop and mobile app versions of the MetaTrader 4 platform. The account was opened with the Tradeco Limited entity of the broker.
It also supports automated trading via its Expert Advisors (EAs) feature. Meanwhile, the mobile app version of the platform supports trading on the go. Brokers operate multiple entities because it allows them to serve clients worldwide. However, licenses obtained by regulators in different jurisdictions do not always entail the same degree of protection. Some regulators mandate compliance with the strictest financial frameworks, whereas others are less rigid. That is why traders need to familiarize themselves with the safety mechanisms ensured by the entity they want to open an account with beforehand.
However, the broker does not incorporate any third-party content, which is essential for affording its clients an additional perspective. Assistance is available in a wide range of languages, including English, French, Spanish, Chinese, and Arabic, during business hours, Monday to Friday. Compared to the broader industry, Lime Fx offers an average amount of share CFDs, and a high amount of FX pairs, commodities, indices, and cryptocurrencies. My tests indicate that Lime Fx’s swap charges meet the industry average. They are thus suitable for the execution of longer-term trading strategies, such as day and position trading.
Whether you are a beginner or a professional trader, you can choose the right spread account for you and explore opportunities with our superb conditions. Explore more than 300 instruments across 6 asset classes and trade CFDs with superb trading conditions. A CFD (Contract for Difference) offers the opportunity to traders to speculate on the price movement of different financial assets without owning them directly. With a CFD contract you agree to pay the difference between the opening and closing prices of an underlying asset. You can benefit if the price moves in the direction you have speculated, but you may incur losses if the price of the underlying asset moves against you.
