My Lime Fx Trading Fees: A Breakdown of the Costs

Combined with VIP discounts for active traders, Lime Fx proves to be a cost-effective option. If you are unable to effectively take advantage of these active trader discounts, however, you’ll find pricing to be overall higher than average. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. It is available under CySEC, FCA, ASIC, and FSCA, providing access to over 100 markets.

easyMarkets Broker fees

They are accounted for in the total purchase price that is displayed to you in Lime Fx. Pips are used to measure prices for both Lime Fx commodities and currencies. Whereas percentages are used to describe stocks and various other assets on Lime Fx. Yes, Lime Fx charges 50 currency units of the base account currency after twelve months of inactivity. Lag time, which naturally occurs due to the time taken between placing your order and completing your order, can see prices change. Lime Fx operates four subsidiaries around the world that are overseen by different financial authorities.

• Instead, you will trade with 50,000 virtual units of the relevant currency.
• Lime Fx levies an inactivity fee after twelve months of dormancy, when no trading activity occurs.
• Stratos Global LLC (“Lime Fx”) is incorporated in St Vincent and the Grenadines with company registration No. 1776 LLC 2022 and is an operating subsidiary within the Stratos group of companies.
• The analyst insights often include expert commentary, technical analysis, and fundamental insights on various financial instruments such as currencies, commodities, and indices.
• And since I count anything under 0.1 seconds as good, this is a big strength of this broker.

FXTM (ForexTime) Broker Review 2023 – A Detailed Product Guide with Regulations

Because some companies like Lime Fx require a low minimum deposit, you can open an Lime Fx account with a low Lime Fx balance initially without incurring any additional Lime Fx fees. Investigate the Lime Fx fee structure they use for their other investment vehicles to determine whether or not Lime Fx fees are competitive. Joining Lime Fx is completely free, and new users automatically get a Lime Fx demo account with a $100,000 virtual currency balance. The Lime Fx trading platform imposes a variety of Lime Fx spreads and fees, depending on the type of financial instrument traded on Lime Fx or withdrawal methods requested on Lime Fx. Swap rates are the most ignored trading costs, which may become the most significant fee per trade, dependent on the strategy. Swap rates apply on leveraged overnight positions, which triple on Wednesday to account for trades kept open over the weekend.

Does Lime Fx Offer Low Forex Trading Fees?

The leverage you are able to trade with depends on whether you sign up to the UK, European, Australian or South Africa entity. Our broker reviews are reader supported and we may receive payment when you click on a partner site. Contact our Support Team if you have any further questions about Lime Fx’s trading fees. Floor-level pricing, with competitive spreads starting from 0.2 pips on major pairs like EUR/USD, USD/JPY, and more.

Lime Fx offers 24/5 award-winning customer services with customer support contactable via live chat, email, phone and even SMS text message. If you wish to call Lime Fx, there are 42 country-based numbers one can call from. Lime Fx clients will have access to the client service portal through their live trading account credentials.

Is Lime Fx Regulated?

Lime Fx offers a range of secure funding options including Credit/Debit Cards, Bank Wire transfers plus Skrill, and Neteller. A withdrawal request can be submitted online by selecting your withdrawal method and clicking “Submit”. However, success in forex trading depends on various factors such as market conditions, trading strategies, risk management, and individual trading skills. Profitability ultimately depends on the trader’s abilities and the wider market environment. Newer traders can access a wealth of educational resources, an unlimited demo account and reliable customer support, while algorithmic traders can take advantage of Lime Fx’s automated trading software.

Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information.

ForexBrokersOnline.com earns money from affiliation deals with our partners. Our partners cannot influence our reviews, nor can they pay us https://limefx.biz/ to bias our rankings. Yes, Lime Fx is regulated by several financial authorities, including the FCA in the UK, ASIC in Australia, the CySEC in Europe, and the FSCA in South Africa. The trading hours for CFDs on stocks, indices and commodities may vary depending on the specific market. For example, indices like the S&P 500 or the FTSE 100 will have trading hours that correspond to the opening hours of the underlying stock exchanges. Lime Fx (Forex Capital Markets) is a well-established and globally recognized forex and CFD broker.

Trading Platforms

Most deposit methods take up to 1 business day to complete however bank wire can take 1-5 working days. Lime Fx can be compensated in several ways, which includes but are not limited to adding a mark-up to the spreads it receives from its liquidity providers, adding a mark-up to rollover, etc. The Active Trader account uses a tiered commission structure which means the more you trade, the lower your commission cost will be. By following these steps, you’ll be well on your way to mastering Lime Fx’s trading fees and improving your trading abilities.

On Lime Fx, the ask rate is used whenever a position is long (BUY), but the bid rate is used whenever a Lime Fx position is short (SELL). The terms “ask” and “bid” correspond to the Lime Fx financial transactions known as “buy” and “sell,” respectively. When buying or limefx forex brokers reviews selling Forex, Minors, Majors, Exotics, Indices, Energies, Metals, Bonds, on Lime Fx levies straightforward, and completely transparent fees listed on the Lime Fx website.

Lime Fx also offers educational resources to help traders learn and succeed. Their services include support for retail brokers and hedge funds, and they have customer support available five days a week. Lime Fx broker providing online trading services for forex, CFDs, and other financial instruments. In this article, we will explore the features, trading platforms, products, fees, account types and more. Lime Fx maintains a commission-free cost structure with a reasonable Forex fee starting from 0.8 pips or $8.00 per 1.0 standard round lot.

• All other deposit methods do not have a minimum deposit requirement however may have limits on how much can be deposited each month.
• They cover various topics such as technical analysis, fundamental analysis, risk management, trading strategies, and more.
• They serve as valuable resources for traders looking to make informed trading decisions and, in my opinion, stack up well against the analysis provided by similar brokers.
• When testing the in-house platform, I was struck by its ease of use and intuitive design.
• ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers.

One of the key features of Marketplace is the ability to open and manage all your trades directly from the charts. This means you can perform all your trading analysis, opportunity identification and order execution all in one place. This simplified trading process makes the platform a great tool for beginner traders. 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. Overall, trading with Lime Fx involves fees from $50 USD, spreads from 0.2 pips to 1.3 pips, and commissions depending on the account type selected.

When comparing the spreads to other brokers, Lime Fx at first glance appears to have only average spreads. Founded in 1999, Lime Fx has grown to become one of the leading providers of online trading services in the industry. There are no trading restrictions with Lime Fx, which is great news for serious traders who like to employ scalping, hedging and other strategies.