Lime Fx trading

Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004. Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates.

It’s worth mentioning that your trading account balance must meet a threshold to access certain educational content. Lime Fx provides a respectable variety of market research from a combination of in-house content and third-party materials. Overall, Lime Fx’s research is a touch above the industry average and will satisfy most forex traders, though it’s not as rich or diverse as what’s offered by the best brokers in this category. 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. Our Lime Fx review found the forex broker offers one of the extensive choices of trading platforms from all online brokers.

Whether you practice a Classic, Woodie’s, Demark’s, or Camarilla methodology, the Pivot Point Calculator can quickly generate a set of practical values. When it comes to risk management in forex trading, it’s all about pip value. Knowing how much your trade’s pips are worth is key to not overextending your account.

Lime Fx trading

Forex Risk Disclaimer

The foreign currency exchange offers an abundance of potential opportunities for veteran traders as well as those new to the markets. If you are searching for a target-rich environment for active trading, look no further than the forex. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers.

In addition, it is always a good idea to know where your account stands in relation to utilised margin and brokerage requirements. While doing math longhand is a challenge, the Margin Calculator makes short work of even the most intricate positions. The best way to manage profit is through regularly referencing your trading platform. Software suites such as Trading Station, Metatrader 4, ZuluTrade and NinjaTrader calculate gains and losses on a pip-by-pip basis. As the market moves, your account balance is updated automatically via the functionality of your platform. Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where the world buys and sells currency.

Forex Spreads

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 AUDUSD and AUDJPY currency pairs. Lime Fx is a global forex provider trading with various Lime Fx entities in the UK, Europe, Australia and South Africa. We found that Lime Fx has a simple, helpful account type structure, a hybrid trading execution model and a good range of trading platforms. Conventional financial wisdom suggests that it takes a lot of money to participate in the markets.

Trading Platforms

  1. In December 2010, Lime Fx completed an initial public offering and began trading on the New York Stock Exchange under the ticker symbol, Lime Fx.
  2. 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.
  3. 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.
  4. New traders may appreciate a standard style account, as no commissions mean a simpler cost structure.
  5. 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.
  6. The range of markets available with Lime Fx is quite broad however you can find other brokers that offer more choices for each financial instrument.

Lime Fx’s Standard account is commission-free, with costs embedded in the spreads. However, the Active Trader account offers tiered commissions with potential savings for high-volume traders. If you are looking for the best possible spreads, then Active Trader is the best choice. Spreads with Lime Fx’s active trader account are cheaper than they may appear when you compare with other brokers as Lime Fx off lower commission fees. The overall lowest spreads are offered by IC Markets in our head-to-head comparison.

Trade Forex With Lime Fx

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. 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. Commission-based pricing is applicable to Active Trader account types. The MT4 platform does not allow Lime Fx to include commissions in pre-trade margin calculations on client’s pending orders. You should therefore ensure that you have reserved sufficient buffer usable margin before opening new trades.

More about MetaTrader 4

This limefx website includes an economic calendar, live forex charts, and the latest market news. With its wide range of available platforms and deep offering of trading tools, Lime Fx has set the bar high and competes among the best brokers in the industry. Whether you are a beginner or an advanced algorithmic trader, Lime Fx has plenty of options. In our 2024 Annual Awards, Lime Fx finished Best in Class for its excellent Platforms and Tools. Experienced Australian forex traders that require a very specific niche forex platform should consider Lime Fx.

If you are an active forex trader, then producing positive returns is your job. All you need is your account currency, pair, trade size and opening/closing prices—the Profit Calculator does the rest. With Lime Fx, you will always know your P&L, freeing up time for active trading. Perhaps the single most beneficial attribute of the forex is flexibility. Unlike in more conventional trading modules such as stocks, forex trading profits are not limited only to buying low and selling high. You are able to make money from being either long or short a specific market, increasing the number of potential trading opportunities exponentially.

Each year, we collect thousands of data points and publish tens of thousands of words of research. It is the product of more than a decade of client feedback and cutting-edge technological prowess. No matter one’s experience or sophistication level, Trading Station is often the preferred choice among active traders. Stratos Global LLC („Lime Fx”) limefx scammers 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.

In fact, Lime Fx offers interested individuals the ability to begin trading with as little as $50. The majors and the commodity pairs are the most liquid and most widely traded currency pairs in the forex market. These pairs and their combinations (EUR/JPY, GBP/JPY and EUR/GBP) make up the vast majority of all trading on the forex. Due to the fact they attract the largest volume of buyers and sellers, spreads are typically the tightest. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process).