Demo trading does not grant exposure to trading psychology and can create unrealistic trading expectations. The Lime Fx group has 10+ years of experience more than 1,5M clients worldwide and offers negative balance protection. Discover the Virtual Private Server’s (VPS)—a virtual machine in which a website runs on its own server—and its advantages, and benefit from enhanced connection speed and security available for our clients. Access your trading account anywhere, at any time, reduce, or even eliminate, downtime and speed up your trading journey. With no need to download anything on your desktop or your mobile devices, you can directly trade from your browser with the MT4 Webtrader. The MT4 Webtrader is a 100% web-based platform, which offers the same features and functionality as the downloadable version.
One-Click Trading
With over 3 decades of capable reliability, the MetaTrader 4 , also known as MT4, is an online trading platform used by both novice and experienced traders. Having well established itself as an industry standard and combining intuitive features and functionality, the MT4 platform includes everything a trader needs to succeed in online forex trading. With over 3 decades of capable reliability, the MetaTrader 4, also known as MT4, is an online trading platform used by both novice and experienced traders.
Lime Fx: Solid Trading
We use proprietary AI technology to assist in some aspects of our content production. However, our scores, ratings, and rankings of online brokers are based on our in-depth product testing and thousands of hand-collected data points. 2 The swap value depends limefx scam mainly on the level of interest rates and the interest of the Company for having an open position during the night. The exchange is automatically converted to the base currency of the trading account of the client.
Trade on MT4 gain the competitive edge you want
Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-free Absolute Zero account. I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability. Alternatively, you can become a Strategy Provider and earn performance fees by allowing other traders to copy your strategies. The better your performance, the more followers you’ll attract, resulting in higher earnings as they copy your successful trades. To view Swap values, clients can right click on client terminal market watch and press on Specification.
The average spread cost for the EUR/USD pair is 1.2, slightly above the industry average of 1.08. With an average rating for commissions and fees, Lime Fx provides a standard cost structure without significant advantages. Lime Fx notes the availability of 80+ currency pairs, making it an ideal Forex broker.
Popular Forex Reviews
Trade CFDs on numerous FX pairs and benefit from tight spreads, fast order execution, highest volumes and liquidity. EUR/USD, USD/JPY and GBP/USD are the most popular and liquid among major currency pairs. It supports the MetaTrader 4 platform but does not offer MetaTrader 5 or a proprietary trading platform other than its copy trading limefx website app, TradeCopier. The Lime Fx trading platforms are designed to facilitate a practical, powerful and efficient trading experience. Bespoke technologies empower our clients to trade with precision, without slippage and re-quotes. Our team of expert in-house developers has designed this platform specifically for Multi Account Managers such as professional traders and investment portfolio managers.
The most ignored trading costs are swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. TradeCopier is an innovative platform that allows you to become a Strategy Follower and copy the strategies of top-performing traders to expand your portfolio. Ideal for beginners or traders who don’t have enough time to monitor the markets, TradeCopier allows you to automatically copy the strategies of expert traders. This website is not directed at UK residents and falls outside the European and MiFID II regulatory framework, as well as the rules, guidance and protections set out in the UK Financial Conduct Authority Handbook.
- We use proprietary AI technology to assist in some aspects of our content production.
- Currencies are always traded in pairs, so each currency’s value interrelates with the value of the other.
- Gain instant access to over 200 instruments from 6 different asset classes; all on a single platform.
- Some payment processors have geographic restrictions, but the Lime Fx back office will only list the ones available to traders.
- Choose from MetaTrader 4, MetaTrader 4 Web Trader and our proprietary Personal Multi Account Manager (PMAM).
You can manage online orders, positions and equity on potentially unlimited accounts with one-click order entry. The platform will also provide you with fully transparent activity reports and live monitoring of market prices and forex rates. The Foreign Exchange Market, also known as Forex or Currency Market, is a global marketplace where currencies are traded. People participating in forex trading can either buy, sell, exchange or speculate on currency pairs such as EUR/USD and GBP/USD and eventually towards what you believe could potentially be more profitable.
Lime Fx commissions and fees summary
Traders also get 15+ commodity CFDs, 20+ index CFDs, 30+ futures, and 150+ equity CFDs. I find the well-balanced asset selection suitable for most retail Forex and equity traders requiring fewer but highly liquid trading instruments, like day traders. I also like the Lime Fx fractional share dealing, which is excellent for smaller portfolios. As part of its commitment to continuously cater for every type of trader, Lime Fx presents a wide suite of trading platforms to boost your trading experience. Benefit from over 200 tradable instruments from 6 asset classes available on one single platform. Trade forex through our bespoke MT4 platform from any device or via Webtrader directly from your internet browser.
Lime Fx lists no expiry times, which is great, as all demo traders require unlimited access. While I recommend the Absolute Zero account for traders, the Demo Floating Spread offers the most realistic demo trading environment. For Forex Trading and other CFDs, MetaTrader 4 is the yet unmatched leader of trading platforms and the most popular choice of online traders and investors.
Of the 60+ brokers reviewed on BrokerNotes, 64% offer a proprietary platform, 100% offer a web platform, 91% offer a desktop platform, 11% offer cTrader, 14% offer ZuluTrade, 81% offer MetaTrader 4, and 64% offer MetaTrader 5. The company, for risk management purposes, reserves the right to change the client’s account leverage based on trading activity or to reflect prevailing market conditions. A possible reduction in leverage may cause liquidation of some or all of the client’s positions. Traders must ensure they execute risk management to avoid magnified losses. Lime Fx offers negative balance protection, meaning traders can never lose more than their deposits.
Traders have eight account options at Lime Fx, where the minimum deposit is $0 for most. However it’s important to note that this review focuses specifically on Lime Fx offered by Notesco Limited and registered in Bermuda. Low trading fees and quality education for beginners from an industry leader. This website is not directed at EU residents and falls outside the European and MiFID II regulatory framework.