Its users have access to both MT4 and MT5 platforms in addition to low trading and withdrawal fees. Once you have downloaded the trading platform and you have deposited funds, it is time for you to start the market analysis. Lime Fx offers some of the best trading platforms available in the market, all of which allow you to do a very extensive and detailed market analysis. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. While FXTM offers cryptocurrencies, traders based in the UK and trading with the broker’s FCA-regulated subsidiary will not be able to access cryptos.

Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. From our analysis, it’s evident that both brokers are committed to educating their traders. However, one broker slightly edges out the other in terms of depth and breadth of resources. As well as trading forex with Lime Fx, customers can develop trading strategies that include equity indices, commodities and share CFDs. Lime Fx and FXTM are both overseen by multiple top-tier financial authorities.

Trading Point of Financial Instruments Limited provides investment and ancillary services to residents of the European Economic Area (EEA). For Ultra Low and Zero Accounts, a more limited selection of base currencies are available as shown below. Among the indices available on Lime Fx are AUS200Cash, SWI20Cash, US500Cash, and many others. Read our full explanation and accounting of our research and testing process to learn more about how we test.

Advantages of Forex Trading with Lime Fx

Fees, on the other hand, are charged for services, such as account maintenance, withdrawals, and deposits. That is why it is important to choose a broker with low commissions and fees. The more assets there are to trade, the more opportunities there are to make money; and the more diverse the assets, the more likely it is that you will find something that fits your trading style. Some specialize in foreign exchange (forex) trading; while others focus on stocks, options, or other securities. By making our world a smaller and more global place, this automatically means that people, goods and services can travel faster and more easily.

Unlike other forex brokers, it allows hedging on more than 1,000 financial instruments, including 55 forex pairs. This makes it versatile as it permits traders to use various styles of trading to maximize their gains. Clients also get access to trading ideas and analysis to help them better understand financial markets. Designed to facilitate forex trading for retail investor accounts, MT4 offers a range of trading tools to help users conduct analysis and develop strategies.

Withdrawal and Deposit Methods

What we advertise is what we give our clients, regardless of the size of their investment. We have clients from over 190 countries and staff speaking over 30 languages. Our management has visited over 120 cities globally to understand clients’ and partners’ needs.

These ECN spreads are among the best in the industry, matching or even surpassing top brokers like Lime Fx and Pepperstone. The Ultra-Low and Zero Accounts offer varied lot sizes with tighter spreads and commission-based pricing, respectively. But, if you want to create a shares account with Lime Fx, you will be required to deposit at least $10,000. Once you are done with the first step of registration, you will have to provide a bit more detailed information about yourself. The second step requires you to provide information such as your address and date of birth, as well as details relating to your account, such as the base currency, leverage, and so on.

Get more than a trading account at Lime Fx

When creating a demo account, the broker will provide you with a certain amount of virtual cash, which can be used for trading. You can use this virtual cash for as long as you want to and if you run out of virtual money, you can always contact the customer support of Lime Fx and ask them to provide more. Lime Fx is known for charging very low fees and the spreads on major pairs start from as low as 0.6 pips. In today’s Lime Fx review, we are going to discuss all the important aspects that make this broker one of the leading companies in the Forex industry. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.

Lime Fx broker allows traders to use MT4 and MT5 platforms because it currently has no proprietary trading platform. You can use either of these two platforms, depending on the asset you are trading. As a retail foreign exchange trader, the most important factors that affect your trading is trade execution quality, speed and spreads. The current floating rates system, which we know today, was adopted after World War II and has been in effect ever since. At Lime Fx the client comes first regardless of net capital worth, account type or size of investment. All our clients receive the same quality limefx scammers services, the same execution, and the same level of support.

1. Each year, we collect thousands of data points and publish tens of thousands of words of research.
2. As a retail foreign exchange trader, the most important factors that affect your trading is trade execution quality, speed and spreads.
3. To start trading, FXTM requires traders to choose a trading account-based currency.

Lime Fx does this to protect clients from highly volatile market conditions, such as news releases. Lime Fx broker is regulated by three financial authorities and strives to keep its platform secure for users around the world. The platform takes several measures to protect users and their accounts. There are limefx official site several account types available and you can choose whichever suits you during the signup process.

One of the biggest advantages of Lime Fx is that it has a highly skilled and professional team of customer support agents. These specialists are always able to provide traders with accurate and timely information about the questions they might face. Here, you can find the most popular trading platforms such as MetaTrader 4 and MetaTrader 5, or go with the custom-made trading platform of Lime Fx.

Over the past decade, this broker has gotten licenses from leading regulatory agencies worldwide, including the FCA of the UK, CySEC of Cyprus, ASIC of Australia, and so on. Both brokers offer a range of traditional and e-wallet payment options that are mostly fee-free. With a substantially larger selection of base currencies to choose from, Lime Fx offers the most convenient funding methods overall.

Even if the broker goes bankrupt, you won’t have to worry about the balance you had with the broker disappearing overnight. However, in addition to increasing the prospective profits made during Forex trading, high leverage can also increase the possible losses. To ensure traders are not able to lose more money than they have in their accounts, negative balance protection is adopted.

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. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research.