Lime Fx maintains one of the cheapest Forex cost structures available, with commission-free quotes from 0.0 pips or $0.00 per 1.0 standard lot for the most liquid currency pairs like the EUR/USD and the USD/JPY. The average spread for major currency pairs is below 0.5 pips or less than $5.00 per lot, offering traders a distinct pricing environment advantage. The Vanuatu Financial Services Commission (VFSC) provides Lime Fx with a competitive regulatory environment for international clients.

The swift online application at Lime Fx requires a name and e-mail. Clients may also use their Facebook or Google accounts to open an account. Since Lime Fx is a regulated and fully compliant broker, new traders must pass account verification per AML/KYC stipulations. A copy of the ID and one proof of residency documents usually satisfies this final step. Start trading with No commissions, No swaps, and tight interbank spreads starting from as low as zero. Lime Fx lists 71 currency pairs, 12 cryptocurrency pairs, 12 indices, spot metals and commodities, like WTI and Brent.

The World Best Trading Account

Overall, the asset selection is both impressive and more than ample for new and intermediate traders. Here is a screenshot of the Lime Fx quotes during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads. Our ECN XL account has all the features and benefits you would expect and demand from limefx an ECN/STP broker who has always been right at the cutting edge of industry development. In fact at Lime Fx we believe this ECN account is not basic at all. It is one of the most advanced trading accounts, packed full of features and benefits, currently available in the forex industry. Ready to assist you in every step of your trading experience, 24h multilingual customer support with Dedicated Account Managers.

ECN XL, also known as the ZERO account is one of the most cost effective trading accounts. Lime Fx’s ECN/STP model provides professionals, active traders, hedge fund managers and corporate clients with access to real time streaming and competitive prices directly from leading multibank liquidity providers. Lime Fx is an ECN broker and only maintains one ECN account for all clients. It is unique as traders get a commission-free cost structure with raw spreads, an unusual offer, presenting Forex traders with a notable edge. Customer support is available 24/5 via e-mail, webform, phone, fax, and live chat.

The above live prices are provided solely for informational purposes, not for trading purposes, and may be delayed. The secure back office of Lime Fx handles all financial transactions. Lime Fx maintains a nice balance of traditional payment processors like bank wires or credit/debit cards, modern e-wallets like Skrill or UnionPay, and cryptocurrencies. All client funds are held in segregated accounts, completely separate from any and all Lime Fx corporate accounts. FX CENTRAL CLEARING Ltd is a member of the Investor Compensation Fund, which was established to secure the claims of covered clients against a CIF in case that the company is unable to compensate the claims.

We are committed to our clients’ success, by delivering competitive pricing, via the fairest and most transparent order process in the retail forex trading market. Lime Fx’s main objective is to empower its clients with all the tools they require, to develop their skills, whilst enjoying an unrivalled trading experience, during every step of their journey. Trading forex offers up unlimited opportunities to access and trade the financial markets. One of the most ignored trading costs is swap rates on leveraged overnight positions.

Eleven eBooks complete the education at Lime Fx, and the overall product remains impressive. Five MT4 user guides and a Forex glossary section are also available. Lime Fx offers beginner traders a sound educational offering from where traders can expand. While an interactive course or videos are not available, the existing content provides a well-thought-through introduction to trading. Lime Fx advertises free VPS, supporting automated trading solutions.

Forex Trading Account Types

Your trading opportunities and potential success is automatically enhanced by using our straight through processing order fulfilment, in an ECN (electronic communication network) environment. No, Lime Fx is a legit broker with regulatory oversight from the VFSC and the CySEC. Traders have access to numerous deposit and withdrawal options at Lime Fx. Terms and conditions apply to receive it for free as advertised, but all the information is fully transparent and easy to understand.

Lime Fx transparently provides all necessary information on its website. There are no deposit fees, but several withdrawals face internal charges while third-party processor costs may also apply. Lime Fx offers demo accounts, apparently without any time limit, making them ideal for testing algorithmic trading solutions and new strategies. I want to caution beginner traders against using a demo account as an educational tool. It creates unrealistic trading expectations, and the absence of trading psychology negates the educational value. Whether your new or an experienced trader, a risk free demo account is a great way to experience the benefits of ECN trading with Lime Fx.

Practice your forex trading skills or test new strategies with zero investment. 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. Lime Fx occasionally introduces other bonuses and promotions, which have included a $50 Lime Fx no deposit bonus or annual interest on free margin. Lime Fx clients can trade forex instantly, taking advantage of live streaming, best executable prices in the marketplace, with immediate confirmations. Lime Fx assists clients trading through the MetaQuotes range of platforms, for example, MetaTrader 4 for PCs, MetaTrader 4 for mobile devices and the MetaTrader 4 MultiTerminal.

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The FAQ section answers many of the most common questions, and Lime Fx is transparent about its products and services. Most traders are unlikely to require additional assistance unless of an emergency. New traders have access to fourteen quality educational posts plus a dedicated section on major economic reports.

1. Terms and conditions apply to receive it for free as advertised, but all the information is fully transparent and easy to understand.
2. Now upload your documents and wait for 24 hour for verification.
3. Lime Fx lacks more trading tools, like CFDs on stocks for example, which became so popular recent days.
4. Lime Fx assists clients trading through the MetaQuotes range of platforms, for example, MetaTrader 4 for PCs, MetaTrader 4 for mobile devices and the MetaTrader 4 MultiTerminal.
5. Lime Fx maintains a nice balance of traditional payment processors like bank wires or credit/debit cards, modern e-wallets like Skrill or UnionPay, and cryptocurrencies.

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. Major factors in determining the limefx forex broker quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. In the vast landscape of forex brokers, Lime Fx has established itself as a prominent player, known for its commitment to transparency, advanced technology, and a client-centric approach. In this comprehensive review, we’ll delve into the key features, trading conditions, and overall user experience that define Lime Fx as a brokerage choice for traders seeking precision in the forex markets.

Lime Fx Trading Hours (GMT +

In conclusion, Lime Fx stands out in the competitive forex brokerage landscape by offering a reliable and transparent trading environment. The broker’s commitment to technological excellence, diverse account options, and client-focused services make it a compelling choice for traders seeking precision in their forex endeavors. Whether you’re a beginner exploring the markets or an experienced trader looking for advanced features, Lime Fx’s offerings cater to a wide range of trading needs, making it a broker worth considering in your forex journey. I rank trading costs among the most defining aspects when evaluating an exchange, as they directly impact profitability. Lime Fx offers traders a competitive commission-free trading environment.