LimeFX Fees, Spreads and Commissions Reviewed ️ 2024

If you wish to call LimeFX, there are 42 country-based numbers one can call from. Use the calculator below to compare LimeFX’s trading costs with competitors such as Pepperstone, Eightcap and CMC Markets, adjusting for trade size, currency pair, and base currency. Or if you are confident about your trading skills then you can directly open a real account.

He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. FinancePen publishes up to the minute news stories on business and finance industry along with cryptocurrency, trade, technology and a lot more. We provide our readers deeper knowledge and information regarding global business and finance. Our writers do challenging task every day to provide accurate and standard news to our readers.

Research and Education

Once LimeFX confirms your address proof, you will be redirected to MYLimeFX (Personal area) and start trading. In this term, LimeFX has added new indicators, reporting and charting tools, visual Traders Studio, Expert Advisors, CFD Auto Roll, Pivots Panel, and Track ‘N Trade. LimeFX Group is regulated under several jurisdictions and the broker has strong regulations.

What is the cost of trading with LimeFX?

And the steps leading to access to the platform only take a few easy steps. Overall, LimeFX broker is considered a trustworthy and safe broker with a trust score of 96 out of 99. All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14. Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team.

What are the trading materials I can trade on the LimeFX site?

1. This account is a commission-free account, which means the trading costs are included in the spreads.
2. I could not find any time limitations on these accounts which is excellent, making them ideal for testing algorithmic trading solutions and new strategies.
3. When trading, you will still need to meet initial margin requirements to open trading positions.
4. While there is a wealth of material for forex, education is lacking when it comes to CFD education.
5. Therefore, traders should consider the trading time to ensure placing most trades during high liquidity times.

That means you can become an affiliate partner of LimeFX and share your referral link with family and friends. And whenever a trader will open an account using your referral link and execute a trade you will get paid by the platform automatically. A trader will get a deposit bonus of up to $300 and to avail of the bonus, all you need to do is to open an account and deposit at least $50. LimeFX broker offers bonuses in the form of either Rebates or Special offers. But if you are an EU account holder/ EU citizen, to start trading you just need to top up your account with $300.

Offering of investments

An Interest-free account is targeted at Swap Free Islamic Accounts who are forbidden from earning (or paying interest) as it is forbidden by Sharia law. LimeFX add an extra limefx scammers 0.4 pips to the spread for Standard accounts and a $2.00 commission per lot (per side for commission-based accounts in place of overnight fee or swap rates. The Active Trader account uses a tiered commission structure which means the more you trade, the lower your commission cost will be. And lastly, advanced and modern designed trading tools are the center of attraction for many passionate traders.

This platform is the most widely used platform by traders and the most offered platform by brokers, many consider MetaTrader 4 to be the ‘gold’ standard when it comes to platforms. While you can find platforms with more indicators, more charts, faster speed, as a whole, MetaTrader 4 offers one of the most complete packages because it does everything really well. MetaTrader 4’s reputation and reliability make it a sound choice for all traders. The LimeFX Trading Station forex platform is generally hard to fault, it has a very user-friendly design and comes with has become LimeFX’s hub for investment advice. One of the key features of the platform is the free professional charting tool known as Marketscope 2.0 which consists of price alerts, charts and a wide selection of indicators. One of the key features of Marketplace is the ability to open and manage all your trades directly from the charts.

To withdraw a deposit from an LimeFX broker we need to consider a little amount of fee under some conditions. If you withdraw using the domestic bank transfer then the per withdrawal request charge is $25. A trader can easily get started with any of the platforms of LimeFX within a few limefx website minutes.