Browse from a range of proficient traders with proven trading record, find a Trader to match your risk appetite and simply Follow their strategy. You can check the performance of your portfolio and individual Traders inside ZuluTrade platform. Just keep in mind that there is no guarantee on how the trading signals will perform and historical performance is no reflection of what will happen in the future. I actually prefer to maintain control over my own trading as I think this is the best way to learn from your mistakes and become a better trader.
This includes major, minor, and exotic currency pairs as well as some forex baskets like the JPYBASKET which is a Yen index. The actual amount depends on when the country where the account is based. Exness offers access to Forex and CFD instruments on a secure and globally recognized platform. In addition, its technological strengths, diverse range of tradable assets, and unique features such as the Rebate Program position it as a strong contender in the trading platform landscape. In addition, Lime Fx reviews the trading volumes at the end of each month and calculates the rebates, which are paid within 15 business days of the following month. The account must be open, active, and not in dispute or default to receive the rebate.
This can be a great way to get inspired about possible trade opportunities and https://limefx.vip/ to assist with making informed decisions. FIX API is FIX Protocol standard designed for real-time, custom institutional interface which push up to 250 price update per second (not available on other APIs). An Lime Fx Trading Station account with a $5,000 minimum balance is required. These accounts are kept with top rated banks in Europe, Australia and other Lime Fx country of operations. For example, in Australia, client funds are held in Citibank, Australia; which is an established international bank. For the European clients, their funds are further protected by the insurance provided by the ‘Financial Services Compensation Scheme’ (FSCS).
Charting Tools
- Malaysian traders looking for all-in-one trading solutions will appreciate TradingView Pro, which integrates live trading with Lime Fx.
- This also challenges brokers who offer zero spreads but never fill on the order.
- It offers competitive trading fees, a wide range of financial instruments, multiple trading platforms, fast execution speeds, and high-quality educational resources.
- Payment method type will influence processing times, but debit and credit card deposits are the fastest.
- When it comes to withdrawals, Lime Fx does not charge fees on the majority of payment methods with the exception being bank transfers where fees can range from $10 all the way up to $40.
Lime Fx does not provide services to residents of USA, Ukraine, Turkey, Russia, Iran and some other countries. If you find that they cannot accept clients from your country for whatever reason, please feel free to peruse our broker reviews for an alternative option. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. 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.
Can You Make Money Trading Forex With Lime Fx?
This broker technically offers only one account type, even though other sites claim that there are more. We don’t consider Islamic and demo accounts as account types per se because, technically, almost all brokers offer these as a substitute for regular accounts. Lime Fx ranks among the most competitive brokers industry-wide, especially for high-volume traders using algorithmic trading solutions. They offer traders the possibility to customize trading platforms, and Lime Fx offers 35 free plugins. Finally, some of Lime Fx’s educational content is only available if your balance exceeds certain minimum thresholds.
How do I open an account with Lime Fx?
You should note that if you deposit in, or withdraw to a different currency than these with your payment method, you will incur a small conversion fee. You will be glad to note if you scammed by limefx are an Islamic trader, that the Lime Fx Islamic account is available should you require it. There are only 15 US shares available which is again low compared to many top brokers, but they are a good choice for trading some of the most popular companies that are available here. If you want to expand your research, and evaluate some options similar to this broker, you can consult the alternatives to Lime Fx.
Renowned for its reliability and extensive analytical tools, MetaTrader 4 (MT4) is a well-liked trading platform that caters to diverse traders. This setup is especially, useful for those seeking a professional market evaluation by leveraging the collective expertise offered by other traders’ insights and technical analysis functions. The platform expertly blends robust tools with an active community of traders who regularly share trade ideas and strategies, resulting in a mutually beneficial trading environment.
Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. ✅Submit the withdrawal request, funds should be in your e-wallet within one to two business days. ✅Furthermore, the withdrawal will be processed back to the card, which can take a few business days to appear on your account. ✅Enter the amount you want to deposit and your card’s data, including the number, expiration date, and CVV code.
To be able to take advantage of these discounted commissions, you will need a minimum of $25,0000 in equity in your trading account, so will not be a serious consideration for most retail traders. Our research led us to highly recommend Lime Fx for those interested in forex and CFD trading due to its advanced platform offerings and favorable overall experience. The minimum deposit necessary to start a trading account with Lime Fx is 50 USD, making it accessible to traders with various budgets.
Lime Fx deposit and withdrawals
Lime Fx has a knowledge section that consists of research or market analysis tools and education. If you prefer to place orders by phone, Lime Fx offers a trading desk line that can be handy should you experience an interruption in your internet connection. Steven Hatzakis is the Global Director of Online Broker Research for BrokerNotes.co and ForexBrokers.com.
Do all Lime Fx accounts have the same features?
- You can get more information on the broker’s algorithmic trading facilities by clicking here.
- Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk.
- Yes, Lime Fx supports social trading through platforms like ZuluTrade, enabling traders to copy the strategies of more experienced traders.
- Lime Fx does not charge fees for most deposit and withdrawal methods, although third-party fees from payment providers may apply.
- While the current educational offerings are informative and broadly accessible, there is potential for Lime Fx to further enhance its educational hub.
In forex, your spreads typically start from 1.3 pips though this can drop to 0.2 pips if you are in the active trader program. The major averages are 1.3 pips for EUR/USD, and 2.3 pips for EUR/GBP as an example. The Lime Fx Professional Account is designed for expert traders and is available under CySEC, FCA, and ASIC regulations. It offers access to a wide range of markets, including Forex, commodities, indices, stocks, and cryptocurrencies, totaling over 100 assets.
How many currency pairs are covered under Lime Fx’s trading signals?
To guarantee the security and privacy of data, the broker utilizes sophisticated encryption technologies like Secure Socket Layer (SSL) across its websites and trading platforms. 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. Commodity Futures Trading Commission (CFTC) for failing to disclose a deal with a market maker to its clients. The broker then sold its substantial number of U.S.-based accounts to Gain Capital that operates FOREX.com, so U.S.-based traders might consider using that broker instead. ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers. Before making any trading related decision, contact a local professional financial advisor.
Lastly, trading through TradingView is also an option for clients, but not much information on this is given. However, TradingView is fast becoming one of the most popular online web terminal trading platforms, and many brokers now have accounts linking to it. It is important to note that most platforms are available on all devices, including Windows, Mac, iOS, and Android.
Lime Fx has oversight in place from ASIC, the FSCA, and the FCA, all highly-regarded regulators. Founded in 1999 in the United States, Lime Fx is one of the longest-standing brokers in the industry. 2Cryptocurrency products are currently not available to retail clients residing in the UK.
Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. Whilst we try to keep information accurate and up to date, things can change without notice and therefore you should do your own research.
The unique Profit Sharing Model charges a 25% fee only on successful trades, making it a more cost-effective option than other platforms. ZuluRank and ZuluGuard, which evaluate and protect trader behavior, improve risk management. Digital banks typically offer various currency options for banking accounts at favorable exchange rates and free or cost-effective international wire transactions. Lime Fx is a well-known forex broker with a significant presence in Malaysia. The broker is well-known for its high levels of security and trustworthiness, with a Trust Score of 95 out of 99.