Lime Fx Fees Explained Updated year

Lime Fx is especially proud of their own Trading Station II (not to be confused with another platform TradeStation). It was built based on the feedback from Lime Fx traders and trading data accrued from over 10 years to meet the needs of their clients. Lime Fx standard spreads generally fall in the midrange when compared with other brokers with the most competitive spreads on offer appearing to be for AUD/USD and USD/JPY currency pairs.

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.

Those that require high leverage or are looking for low spreads/fees should review our Best Forex Brokers In Australia and a provider like Pepperstone for advanced traders. Please note that due https://limefx.vip/ to FCA regulation, UK retail traders are not able to trade cryptocurrencies with UK brokers. If you want access to crypto markets, you will need to sign up for an Lime Fx subsidiary outside of the United Kingdom. It is also a great option for active traders who benefit from an abundance of technical analysis tools, including over 150 analytical tools and a wealth of customisable charts and drawing tools.

Raw Account Commission Rate

The market summaries provide concise overviews of recent market movements, key price levels, and notable news that may impact the markets. When testing the in-house platform, I was struck by limefx scam its ease of use and intuitive design. Both analysis and trades can take place directly from the chart with a few clicks, and the handy sidebar makes it very easy to cycle through tradeable assets. These amounts are the absolute maximum leverage on offer, but they may vary according to the asset traded, with more volatile assets generally providing lower amounts of leverage. The broker advertises average execution speeds of 0.018 seconds, which makes them very competitive.

Zulu Trader has over 1 million users, making it one of the larger social trading communities available. 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. Lime Fx add an extra 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.

Traders are able to move cryptocurrency holdings from the Lime Fx trading platform to their own personal Lime Fx crypto Wallet. No, Lime Fx does not offer a trading account with raw commissions and only presents its commission-free alternative. These stats show that Lime Fx completes your orders with no slippage more than 60% of the time.

We consider Lime Fx an excellent broker – it is overseen by tier-one regulators, has a strong industry presence, and offers tight spreads on forex pairs. The suite of advanced platforms and code-free automated trading tools is particularly strong. Lime Fx does trail industry leaders when it comes to market access, but it remains a strong contender for both beginners and experienced traders.

• The Lime Fx Active trader account is tailored for frequent traders seeking premium features.
• The majority of clients will use their Standard Account, which is designed for retail traders’ high volume traders will prefer their Active Traders account to save on costs.
• If you want to engage in trading on the Lime Fx trading platform, you will first need to fund your Lime Fx live trading account.
• Our broker reviews are reader supported and we may receive payment when you click on a partner site.

What are the fees for withdrawing funds from my Lime Fx account?

Traders can access Lime Fx on the go using either the mobile-optimized version of the proprietary Trading Station platform or the reliable MT4 application. The broker’s commodity list includes gold and silver as well as energies and a few soft commodities, while the Euro-Bund Futures Index is also available to trade. To prevent this from happening, you either have to place a new trade, maintain an existing trade or close your account.

Forex Risk Disclaimer

Take the time to calculate your costs, choose the right account type, and be mindful of inactivity fees. Lime Fx is a well-established broker that offers trading facilities on shares, stock indices, forex, commodities, and cryptos to a global market. Lime Fx has offices in multiple global locations, including Berlin and Sydney. To ensure we offer traders accurate and current information, our forex broker reviews also undergo rigorous editing and fact-checking. Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process.

• The fee is up to 50 units of the currency your account is denominated in or the balance of your account, depending on which is less.
• Whereas percentages are used to describe stocks and various other assets on Lime Fx.
• A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).
• Commissions and fees are not standard across all trading platforms like Lime Fx; rather, Lime Fx fees may differ from other brokerage companies.

Lime Fx Leverage Fees

If you want to avoid being charged for Lime Fx inactivity fees after a longer period of time, you need to be strategic about the Lime Fx trading activity you engage in. The current state of the international financial markets may cause these Lime Fx fees to be adjusted, and such adjustments may take effect with or without prior notification on the Lime Fx trading platform. If you want to know the most up-to-date prices, it is best to check out the Lime Fx fees page. Bank wires may face an internal fee of up to 40 currency units of the base account currency, but most payment processors remain free of Lime Fx withdrawal fees. Lime Fx levies an inactivity fee after twelve months of dormancy, when no trading activity occurs. Lime Fx defines trading activity as the account owner or authorized party placing a new trade or maintaining an existing one (via swap rates).

Clients with live accounts can enjoy free access to trading signals for 14 days trial. Lime Fx is a trusted global broker offering Forex, CFDs, and spread betting. With various account types, competitive fees, and strong regulation, it provides a secure trading environment. Spread betting allows UK residents to trade financial markets tax-free on profits. With Lime Fx, you can trade hundreds of financial instruments commission-free and with no stamp duty, while using leverage to open larger positions. You can also start with smaller bet sizes, from as little as 7p per point.

Our charges are laid out in our Rate Card below, however, some of our clients may be subject to custom rates which are not detailed below. Clients subject to custom rates should refer to any Rate Card, supplement or notice that we issue to them for their applicable charges. Lime Fx management fees are calculated as a percentage of the assets that are managed in each fund, which is referred to as the AUM. The broker claims to offer some of the tightest spreads on the market when it comes to trading BITCOIN.

Lime Fx Customer Service Review

It offers the full suite of assets with micro-lot trading, leverage in line with regulatory requirements, plus the broker’s four trading platforms. Deposits, withdrawals, and inactivity fees are transactions other than trading and are non-trading fees, which are notably less frequent. Currency conversion fees are a separate category, as they belong to trading and non-trading fees and are the least visible. They apply each time Lime Fx must exchange one currency for another, including trading, and most traders are unaware of this hidden fee. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence.

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. Lime Fx allows trading in 43 forex pairs and 440 tradeable symbols, which remains below the industry average of 3,623 tradeable symbols. Exness offers access to Forex and CFD instruments on a secure and globally recognized platform. We endeavor to be clear about our charges, so you always know what fees you will incur when you trade with us.

For example, trading Euro-denominated assets from a US Dollar trading account or making a Swiss Franc deposit into a British Pound base account. Compare Forex Brokers was created to help Australian forex traders find the right broker to suit their trading requirements. Our forex broker comparison tables were constructed from information from providers’ websites or actual trading accounts.