The minimum deposit at Lime Fx Australia is $50 for all payment methods and account types. The accepted payment methods are local bank transfer, e-wallets, and cards. The customer service on Lime Fx is fair, live chat agents are available 24/5 and respond promptly. Although there are other brokers whose customer support is more responsive and available 24/7. Lime Fx also offers clients in Australia Interest-free trading on selected indices and commodities.
To join the Active Trader program at Lime Fx, you need to have an existing Lime Fx account and a notional trading volume of $10 million per month. If you meet these requirements, simply contact the broker to start benefiting from advanced features and rebate bonuses. During our Lime Fx review, we also explored what bonuses and promotions the broker had to offer. Unfortunately, Lime Fx does not offer deposit bonuses to standard clients, although you can benefit from rebates with the Active Trader program. All the methods of deposit listed above can be used to withdraw winnings on the How to withdrawal platform through the dashboard.
Additionally, Lime Fx is widely recognized not only for the breadth of its tradable markets but also for its organizational transparency and dedication to safety measures for client capital. Collectively, these factors underscore Lime Fx’s standing as a technology-oriented brokerage that aspires to deliver reliability for those interested in global financial markets. While some traders may be drawn to brokers offering sign-up bonuses or other promotions, the absence of these offers at Lime Fx should not be seen as a drawback. Traders should prioritize factors like regulation, trading costs, limefx platform quality, and customer support when choosing a broker. Holding over 16 years of experience in global financial markets, and 4 B.A.
Does Lime Fx accept US clients?
Therefore, traders should carefully review the terms and conditions of their chosen entity to understand the applicable trading conditions and regulatory safeguards fully. On the negative side, there is a withdrawal fee for Bank Wire transfers in some regions and the support is not available on a 24/7 basis. Also, the broker might not be suitable for futures and options traders due to the lack of these assets. The only way you can get any information on your account is to actually open one with this broker and then visit the client area (MyLime Fx). However, it should be noted that this is the only information we could find on the global brand site.
- Education is also taken very seriously with daily webinars and an excellent selection of very well-written content.
- The leverage you are able to trade with depends on whether you sign up to the UK, European, Australian or South Africa entity.
- – In the following review, we will give you a deeper look into the company and its offers for customers.
- On trading forums, users share a mix of positive and cautious experiences.
These platforms offer additional trading tools such as social trading, AI-driven trading strategies, and good charting capabilities. While commissions are limited to specific account types, traders should review the detailed fee structure and conditions applicable to their chosen entity and region, as they may vary. The broker does not charge deposit or withdrawal fees for most payment methods, however, third-party processing fees may apply. Also, a $40 withdrawal fee is imposed on all Bank Wire transactions. Overnight financing or swap rates are applied to positions held overnight, with charges varying based on the asset and prevailing market conditions. Trading with Lime Fx is considered safe due to its strong regulatory framework and commitment to client protection.
Assets & Markets Details
- Moreover, unlike other top-tier brokers (and top-tier brokers that allow copy trading), Lime Fx does not have a dedicated page for the account you will open.
- The demo account will typically remain active for 30 days, but you can always open a new one once the period expires.
- Having said that, if you use cards or Trustly as your payment option, both channels require at least $25 or equivalent.
- We found Lime Fx’s fee structure to be very competitive, especially with an average EUR/USD spread of 0.74, which is below the industry standard of 1.08.
- An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.
OANDA didn’t fare as well, with an average of 1.54 pips or a cost $14.23 per lot. If you want to start practicing without making a deposit, you can open up a free demo account. This lets you assess the broker’s research and educational resources and practice trading.
As you reach Tier 4, you will earn $20 per million traded, giving you a total rebate of $3,200. When it comes to placing order types this is a straightforward process that mirrors the web platform. If you plan on opening an account with Lime Fx there are limefx courses scam four options to choose from including either a Standard or Active Trader individual account, a Joint account and a Corporate account.
Popular Forex Reviews
There are plenty of order types to choose from on the Lime Fx platform such as market orders, limit orders as well as some order time limits like GTD and IOC. Lime Fx users can buy and sell 40 different currency pairs including majors, minors, and exotics. These include AUD/CAD, EUR/JPY, GBP/JPY, USD/JPY, EUR/USD, USD/TRY, just to name a few. Trading commodities through CFDs removes the necessity of physically storing or delivering these resources, allowing short-term and medium-term speculation on price swings. Because Trading Station is presented in desktop, web, and mobile versions, you can select the interface that suits your circumstances without compromising access to open trades or essential analytical tools.