Trading currencies always involves exchanging one currency for another. Trading Point of Financial Instruments Limited provides investment and ancillary services to residents of the European Economic Area (EEA). What we advertise is what we give our clients, regardless of the size of their investment. If you have experience trading with LimeFX please share your personal review of the broker and what you think are strong and weak points. This average customer rating is based on 24 LimeFX customer reviews submitted by our visitors.
- Overall, LimeFX’s user-friendly fee structure and competitive spreads make it attractive to traders.
- The broker’s transparent fees and varied account types offer flexibility to orders.
- These sessions allow beginners to interact and learn directly from experts and cover a range of topics, from basic trading principles to advanced strategies, providing insights into market dynamics and trading techniques.
- On TrustPilot, LimeFX has an average score of 3.3 out of 5 from 531 reviews.
Most LimeFX accounts don’t charge commissions, so clients don’t have to pay extra fees for each transaction. Butthere is a small commission fee for each lot sold with the LimeFX Zero Account. Tofigure out the total costs, it’s important to lookclosely at the different account types and how their commissions are set up. The different account types have broadly the same terms and conditions. There is full access to the real-time market prices, 100% execution guaranteed limefx website with no rejection of orders and no re-quotes.
LimeFX Risk
No matter the issue, they’ve always ensured I get the assistance I need, making trading with them a smoother experience. Once, I was having trouble understanding the differences between accounts, so I jumped on limefx broker reviews live chat. Clients who still need to meet the eligibility requirements can access the VPS by requesting it in the Members Area for a monthly fee of $28. This fee will be automatically deducted from their MT4/MT5 accounts on the first day of each month.
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. To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process.
LimeFX Spreads, Commissions, and Other Fees
Whether you’re a beginner or an experienced trader, LimeFX offers a range of account types to suit your needs and preferences. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. With generally tight spreads on over 50 currency pairs and the same spreads offered for all trading account types, LimeFX also provides fractional pip pricing. That means clients can trade with tighter spreads and benefit from the most accurate quoting available. When it comes to education, LimeFX does a great job of teaching both new and experienced traders several strategies and approaches to trading financial markets. If you are a new trader, you can learn by watching videos on the platform in the Beginners Room, then practicing with a LimeFX demo account.
About Forex Trading
LimeFX has 3 types of commission-free account types, including a micro-lot trading account, making the broker a good choice for beginners. All accounts promise no requotes or rejections, fast execution and unlimited access to MT4 and MT5 including expert advisors. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs.
The MT5 platform has a slightly greater number of indicators set up as default than MT4. The 80+ indicators can be applied to a charts which can be set to a wide range of time frames and the ‘last market price’ monitor allows clients to see into the heart of the market they are trading. We found different LimeFX trading platforms to meet the needs of traders with different levels of experience. Furthermore, the broker provides access to desktop and webtrading via an MT4 MultiTerminal and an MT4 webtrader for PC and Mac, respectively.