Compare Platforms Lime Fx

Lime Fx operates four subsidiaries around the world that are overseen by different financial authorities. The leverage you are able to trade with depends on whether you sign up to the UK, European, Australian or South Africa entity. Use the calculator below to compare Lime Fx’s trading costs with competitors such as Pepperstone, Eightcap and CMC Markets, adjusting for trade size, currency pair, and base currency.

Is Lime Fx A Good Or Bad Forex Broker?

Lime Fx offers one of the best selections of platforms for traders to choose from. Its flagship platform, Trading Station, is available as a web, desktop, or mobile platform, or you can use MetaTrader 4, NinjaTrader, or ZuluTrade. Trading Station is an Lime Fx proprietary platform and therefore not used by other brokers. Because of the range of platforms offered by Lime Fx, there are options that are simple enough for beginners in addition to limefx reviews choices that have the features and tools experienced traders seek.

• Overnight costs are also applied for positions held after 10 pm GMT, but this is industry standard.
• Lime Fx also offers dedicated 24/5 customer support, with global offices in London, New York, Melbourne, and more.
• Lime Fx is also a great option for beginners, due to its wide range of educational materials and easy-to-use platforms, including its latest integration with TradingView.
• Lime Fx’s in-house education is above average, and primarily takes the form of articles, videos, and content produced for its Lime Fx YouTube channel.
• Customer support is available over the phone, by email or through Live Chat 6 days a week, Sunday through Friday.
• 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).

Trading Restrictions

Overall, I find their educational tools to be very useful, and I appreciate the chance to access them with a few clicks on the broker’s website. It is great to see the course topics divided into sections according to traders’ skill levels, making them easy for the appropriate levels to access, and I am happy with the range of recorded materials available. This level of regulatory scrutiny brings stringent requirements and compliance checks, ensuring that UK and Australian traders in particular will be well covered.

User Experience

• 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.
• If you are looking for the best possible spreads, then Active Trader is the best choice.
• Lime Fx no longer accepts U.S. clients because it had to pay $7 million in 2017 and give up its registration with the U.S.
• The analyst insights often include expert commentary, technical analysis, and fundamental insights on various financial instruments such as currencies, commodities, and indices.
• Lime Fx’s pricing for forex trading is slightly higher than the industry average.
• It provides high-quality educational resources, unrestricted demo accounts, and user-friendly platforms to help beginners learn and improve their trading skills.

Lime Fx is a legitimate forex broker with a long-standing presence in the industry since 1999 and dozens of industry accolades. With headquarters in New York, Lime Fx operates globally, serving traders from various countries. The company has over 10 international offices and more than 25 industry awards.

How To Make A Deposit

The list includes big hitters like Bitcoin but also some smaller tokens like Tezos, and although it is not the widest selection of cryptocurrencies, it does provide decent scope. Client funds with Lime Fx LTD are segregated according to FCA client money rules. This means that in the unlikely event of default, client funds held in segregated accounts are protected and cannot be used to benefit other creditors.

We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. The most important of which include regulatory credentials, the accessibility of accounts, coverage of the forex market, the quality of trading tools, and the competitiveness of fee structures. It offers the full suite of assets with micro-lot trading, leverage in line with regulatory requirements, plus the broker’s four trading platforms. The range of products available to you will depend on which global entity under the Lime Fx Group houses your trading account. In addition to a growing selection of over 300 CFDs that includes fractional shares and 43 forex pairs, Lime Fx offers exchange-traded securities across 43 exchanges in Europe, North America, and the Asia-Pacific region.

We consider Lime Fx an excellent broker – it is overseen by tier-one regulators, has a strong industry presence, and offers tight spreads on forex pairs. The suite of advanced platforms and code-free automated trading tools is particularly strong. Lime Fx does trail industry leaders when it comes to market access, but it remains a strong contender for both beginners and experienced traders. Founded in 1999, London-based Forex Capital Markets or Lime Fx is a major limefx official site international online forex and contracts for difference (CFD) broker that also provides spread betting and related services.