With Lime Fx Market Data, you stay up to speed on the latest prices, volume trends, trading sentiment trends and the historical trends of many instruments. Get a quick snapshot of the market through the brokers propriety Speculative Sentiment Index (SSI), and more. NeuroShell Trader’s point-and-click interface allows you to easily create complex technical analysis indicators, trading systems and neural network market forecasts without coding of any kind.
When the trader loses money, slippage is negative, whereas when positive, the trader receives a fill at a better rate than the prevailing market. Lime Fx’s slippage was reported as +87% positive or zero in its July 2021 Slippage Statistics. The broker has 2 support email addresses that give you access to general or account-specific inquiries. You can even contact the Lime Fx trading desk and place orders directly if you have a problem such as no Internet access or a failure to connect to an Lime Fx server. We sincerely apologize for any inconvenience you have experienced with our customer support and we are sorry to see that our services have not met your expectations.
Does Lime Fx Offer Low Forex Trading Fees?
The Active Trader account uses a tiered commission structure which means the more you trade, the lower your commission cost will be. Commissions with most other brokers are $7.00 round-turn, while Active Traders can be as low as $5 round-turn. If you subtract 0.2 pips from each spread, then the spreads appear to be more competitive. The broker customer support is provided in various languages and available 24/5. They can be reached via many phone numbers listed on the website for different countries. I think they could improve by offering 24/7 support and I haven’t always had the quickest response via email.
We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. Lime Fx offer many different platforms to suit your trading needs, including the popular MetaTrader 4 platform and their very own proprietary Trading Station. When you open an account with Lime Fx, you can choose to trade from any platform which is great.
It confirms their commitment to continue investing and improving their trading environment and maintaining a competitive edge for its clients. I rank trading costs among the most defining aspects when evaluating a Forex broker, as they directly impact profitability. When it comes to payment options, eToro supports an array of deposit methods such as via debit cards and credit cards, Neteller, PayPal, and more.
Please let us know a convenient time for your account manager to contact you. Steven Hatzakis is the Global Director of Research for BrokerNotes.co and ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).
Horrible Experience – Lime Fx Holding My Money Hostage for Over a Month!
- They have an abundance of robust trading tools to assist you with analysing the markets in great detail to discover potential trade opportunities.
- I must say, they have one of the best selections of trading platforms I have seen.
- You can get more information on the broker’s algorithmic trading facilities by clicking here.
- Jay and Julie Hawk are a married financial writing and authorship team who co-founded TheFXperts, a notable financial writing services provider.
- I was especially happy to see that it is offered without any time limit or other restrictions, meaning that you can continue to use it as a strategy testing tool long after you register with Lime Fx.
The broker’s multilingual phone service and the live chat feature on its website are available 24 hours a day, 5 days a week. But finding a good Forex broker can be difficult because there are so many to choose from. If you want to find information on Forex brokers, read along to determine if Lime Fx is the right Forex broker for you. We are happy to hear you are enjoying our service and we are looking forward to many more positive moments in the future. Your review is important to us and the abundance of substance in it is greatly appreciated.
It can do everything that I need it to and much more, from complex market analysis to automated trading. That being said, each platform is good in its own right with different advantages and disadvantages that we will cover in this section. I like the trading environment at Lime Fx, especially for high-volume traders using algorithmic trading solutions. Lime Fx is a very well-regulated global Forex broker with a large client base and a big reputation to maintain. All trading platforms fully support algorithmic trading, and Lime Fx provides four free APIs to developers on top of a wide selection of third-party plugins. The research section offers a tremendous asset to all traders and warrants an account opening to retrieve free access to it.
The Trading Guides provide more detailed educational content, and new traders get considerable material to deepen their knowledge base. Lime Fx is conducting research and education seriously while executing them well. Lime Fx supports several different funding options for fast and secure payments. All Lime Fx traders can access the client-service portal via their live trading account login details.
But what is a demo account, and why is it so important for all types of traders?
At Lime Fx, we strive to process withdrawal requests as swiftly as possible, and we fully understand the delicacy of this situation. However, please note that processing times can sometimes be affected by limefx various factors, such as payment method requirements, bank processing times, and security checks. While we understand this has been a frustrating experience, we would like to personally address the referred situation.
After having completed the application you will be given your login credentials. The quickest method to use when depositing funds to your account is with a credit card or debit card. The companies that make up the Lime Fx Group are regulated by multiple jurisdictions. It is recommended that all Lime Fx users call the trading desk if they cannot access the internet, they fail to receive a confirmation when placing an order online, or they cannot connect to the Lime Fx servers. The requirements are that you have an existing Lime Fx trading account and that you meet a minimum notional volume bracket of at least $10 million per month. On the flip side, two-factor authentication is not available with Lime Fx.
Excellent Customer Service
Novice and experienced traders alike frequently look to trading signals for guidance on whether to buy or sell in the live market. Lime Fx offers forex signals applicable to 40 individual currency pairs. No matter if you are trading the majors, limefx scam minors, crosses, or select exotics, you will never be without fresh trade ideas. The Lime Fx Plus Exclusive Trading Signals service is free for Live Accounts, or available courtesy of a complementary 14-day trial. Trading signals can be used in isolation or as a complement to nearly any strategy.
Stock Index CFDs
Only the St. Vincent and Grenadines subsidiary supports them all, while other branches offer have fewer options. Before working at TradingPlatforms, Dassos worked as a writer for EuropeFX Financial Services. It was during his time here that he developed a passion for financial writing and grew his knowledge of trading, investing and cryptocurrency.
The difference in price is the profit or loss, minus any broker fees. It offers competitive trading fees, a wide range of financial instruments, multiple trading platforms, fast execution speeds, and high-quality educational resources. Instead, you will trade with 50,000 virtual units of the relevant currency. Overall, Lime Fx fits the needs of traders at all levels of expertise.