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Plus, this is an excellent tool for exploring other markets than the one you are focused on. The primary difference between live floating/live fixed trading accounts and the ECN/STP model is market execution. Real accounts use instant execution with re-quotes, whereas STP/ECN accounts use market execution, so no re-quotes are involved. Traders can choose between floating/fixed spread Standard, Premium, and VIP accounts. Alternatively, the Live Zero Fixed Spread account comes with zero spreads, but traders will have to pay a commission.

With an average recommendation, it provides essential trading tools and a variety of tradeable instruments but does not stand out significantly from its competitors. Lime Fx’s glossary of trading terms is an essential resource for new traders who need to familiarize themselves with industry jargon. The glossary provides clear definitions of common trading terms, ensuring that traders have a strong grasp of the language used in the financial markets.

Lime Fx’s Research and Trading Tools

Traders can choose between Live and STP/ECN accounts, both providing access to the industry-leading MetaTrader 4 (MT4) platform. Additionally, multiple trading accounts can be registered through the Lime Fx Client Portal, allowing for greater flexibility when managing different strategies or products. Lime Fx, in its pursuit to accommodate every trader’s unique needs and trading preferences, provides a good variety of trading account types.

Trading Hours

MT4 is perhaps the most popular online trading platform that is used by millions of traders across the world of all experience levels. It is very user friendly with an abundance of implemented trading tools for efficient markets analysis and trade management. MT4 has a short learning curve whilst there are plenty of online tutorials that can help to familiarise new users to the platform. Clients are supported in over 30 languages, 24/5, and can access their personal trading account from MT4 on desktop or trade on the go. In addition, the broker offers daily, updated educational and market news delivered by a multi-lingual professional research team. Entering the financial markets with Lime Fx is simple, transparent and supportive for all levels of investors.

• CFDs on spot commodities serve as an ideal entry point to commodity markets, allowing clients to trade with premier spreads and spot execution.
• They are highly informative and cover a wide range of topics – from the basics of technical analysis to the intricacies of trading psychology.
• But it is less so for intraday trading strategies, such as scalping, where precise order filling is more important.
• They take a customer focused approach and are committed to providing the highest standard of services with full transparency to clients.
• As a high-frequency trader, I have always looked for precision and efficiency in a platform.

User Reviews

63.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Minimum EUR/USD spread is listed at 0.7 pips while average spread is listed at 1.2 pips. These numbers may be deceiving, given the broad variety of accounts, fees, and routing choices. Spreads drop significantly on major Forex pairs between Micro and VIP tiers but minor pairs show no variation. In addition, tiers apply only scammed by limefx to forex, with all account types paying similar spreads and/or commissions when trading CFD or spot instruments.

Is Lime Fx a regulated broker?

For the former, there is a $18 round-turn commission per traded lot (100,000 units), whereas the latter has a $10 round-turn commission per traded lot. There is a detailed description of each account type’s spreads and commissions. Additionally, all the safety mechanisms, execution methods, and standards are explained in detail in Lime Fx’s Client Agreement. It takes just $100 to open a Micro account, increasing to $2,500 for a Premium account and $20,000 for a VIP account. Well-documented account subheadings outline fee schedules and side-by-side comparisons for floating vs. fixed, commission vs. no commission, and dealing desk vs. direct interbank trading.

Futures

Each demo account imitates real trading conditions, the only difference is virtual money is used. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. I thus found them quite useful for both beginners and experienced traders.

• Contracts for difference (CFDs) are derivatives used to speculate on the price of the underlying without physical delivery.
• All content on this site is for informational purposes only and does not constitute financial advice.
• In addition, the broker provides affiliates, professionals and investment portfolio managers with a Personal Multi Account Manager (PMAM).
• The blog is where you can access more articles and opinion pieces to get a broader perspective on what is driving the market.
• There are no internal deposit or withdrawal fees, except for traders who request a withdrawal without placing a trade, which carries a 3% fee.
• Lime Fx offers Metatrader 4 and 5 but no dedicated or proprietary trading platform.

The choice of account types will also suit varying trading styles and capital needs. The broker offers a wealth of trading products, excellent trading conditions including ultra-low spreads and lightning-fast execution. The leading broker has remained one of the top brokers worldwide due to its focus on product innovation and professional customer support. The customer remains Lime Fx’s number one priority, and the broker pays great attention to meeting customer requirements and trying to satisfy the growing needs of its trading community. Embark on your trading journey with Lime Fx, the celebrated Global Leader in Online Trading. The fixed/floating spread account types, in contrast, have narrower stop-out levels (20%), making them more suitable for applying tight risk management.

Fixed spread accounts also have a competitive advantage in scammed by limefx such environments as their costs cannot rise, no matter how volatile the market becomes. I thus determined that fixed/floating spread accounts are better suited for beginners looking for extra protection. The list of Forex, spot, and CFD trading instruments is well-constructed but some rivals offer more comprehensive listings.