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You would expect one of the leading ECN-STP brokers to provide you with the latest, cutting edge, platforms on which to trade and at Lime Fx we never disappoint. Our clients can access the FX markets on all the preferred devices; mobiles, tablets, laptops, PCs and through using remote servers. Our preferred partner for accessing the markets is MetaQuotes Software Corporation, the creators and developers of the world renowned, award winning and most popular FX trading platform there is, MetaTrader 4. Additionally, traders have access to real-time market data and analysis to help them make informed decisions. The combination of educational tools and a well-regulated environment makes Lime Fx a reliable option for traders looking to expand their knowledge while maintaining secure trading conditions. A responsive and knowledgeable customer support team is a hallmark of Lime Fx.
Lime Fx Trading Hours (GMT +
While the broker does not boast an extensive educational library, it offers enough material to assist traders in improving their technical and fundamental analysis skills. Lime Fx offers traders a transparent fee structure with no trading commissions under its ECN XL account, relying solely on competitive spreads. The broker focuses on keeping costs low, making it a popular choice among cost-conscious traders.
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Lime Fx Leverage
The $0 minimum deposit also makes the forex broker accessible for new traders. New currency traders will enjoy the $0 minimum deposit, education and trading resources, plus the zero commission policy. Experienced traders will appreciate the tight spreads, access to MT4 and a VPS, plus zero strategy restrictions. During testing, we have been impressed with the ECN pricing that offers spreads from 0.0 pips, while the 70+ currency pairs provide better market coverage than most alternatives.
Trading Model Synopsis
I would always like to check a calendar prior to taking any trade decision. The broker can accept clients from most countries but does not provide limefx scam services for United States residents and/or citizens. If you reside in the USA, you can take a look at some other options from our best USA brokers.
- 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.
- Supporting both MetaTrader 4 and MetaTrader5, FOREX.com offers traders the use of its proprietary app with web and mobile options.
- It is the feature of honesty in terms of pricing and execution that makes the customers interested and votes with plentiful positive reviews and ratings.
- MQL4 allows you to create your own EA (Expert Advisor) and automate your trading based on your own programmed strategy.
- Yes, it is possible to have a profitable strategy when trading with Lime Fx, which offers the reliable MetaTrader 4 platform and plenty of analysis to support forex trading.
- For instance, anyone registering from a CySEC regulated region is not able to accept a bonus.
Technology and Execution Speed
MQL4 allows you to create your own EA (Expert Advisor) and automate your trading based on your own programmed strategy. Using MQL4 you can build-up your own library of custom indicators, scripts and function database. The broker uses a price aggregator to ensure that counterparty orders use the best bid and ask prices currently available. Importantly, we never recommend choosing a forex broker based on their bonuses as they can encourage bad trading habits. Lime Fx’s offshore entity offers a 100% welcome bonus up to $2000 whereby new clients can double their initial deposit size. However, due to European regulations, this bonus is not available for clients from the EEA.
- Lime Fx is a retail broker that provides traders with the popular MT4 trading platforms, useful educational materials and robust trading tools, to trade in the global financial markets.
- An entire library of analytics and trading options is available for mobile devices.
- The ECN enables instant trading and direct contact with traders and funders.
- Opening an account with Lime Fx is a straightforward process designed to get traders started quickly.
- The Cyprus Investor Compensation Fund (ICF) protects retail trades in the event of insolvency up to €20,000.
- Importantly, we never recommend choosing a forex broker based on their bonuses as they can encourage bad trading habits.
- Additionally, the platform offers interest rates from global central banks.
Lime Fx offers mobile trading apps compatible with both iOS and Android devices. These apps allow traders to manage their accounts and execute trades on the go with full access to MT4’s features. Lime Fx is a low-cost brokerage with no commissions and spreads that are generally competitive, especially on currency pairs. Positives are the no minimum deposit, free demo account and excellent support, however it lacks the educational tools or social trading features provided by category leaders like eToro.
CySEC is a top-tier regulator that helps limefx review ensure Lime Fx follows strict business standards and implements safeguards like negative balance protection and segregated client funds. Our relentless pursuit of operational security is anchored in our solid regulatory framework, meticulous segregation of client funds, and our fortified association with the Investor Compensation Fund. Each of these elements interweaves to form a robust tapestry of security, reflecting our unwavering resolve to protect our clients’ assets and interests. The e-wallets Neteller, Skrill, EeziePay and AWEpay are the fastest as they process withdrawals immediately. Crypto withdrawals are also quick as you can expect funds to be transferred within just 15 minutes. On the downside, the offshore branch is unregulated, reducing the broker’s safety rating for global traders.
