Choose Your Trading Account

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Restricted assets – Shares

The layout is straightforward, making it easy for beginners and experienced traders to find their way around. There is a good range of trading instruments, including forex and CFDs, and plenty of educational materials like webinars and tutorials to help you learn. Lime Fx is regulated, which adds to its credibility, and their 24/7 multilingual support means you can get help whenever you need it, which is a big plus. Founded in 2015, LMFX is an offshore forex broker accepting US clients. The broker offers restriction-free trading facilities like non-FIFO trading, high leverage, low spread, and CFD trading.

By following these steps, US traders can take advantage of the many benefits that Lime Fx Forex has to offer. Lime Fx is a forex and CFD broker that offers its online trading services worldwide. It provides a wide range of trading instruments, Forex, Commodities, Stock, Indices, Crypto, Turbo Stocks Equity indices, Precious Metals, and Energies. The broker allows almost all trading styles, including scalping, hedging, copy trading, and news trading, etc. Yes, there are several online trading platforms that offer similar services and features to Lime Fx broker, such as eToro, Plus500, and AvaTrade. One potential disadvantage is that US traders may not have access to certain platforms or trading instruments.

• Lime Fx is unable to accept clients from the United States of America, Canada, Israel and Iran.
• 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.
• Lime Fx offers diverse financial instruments and is known for competitive trading conditions.
• Opening an account is a matter of minutes, with several account options, varying across the different broker entities.

The commission is on top of the very tight spreads, starting from 0.0 pips on major currency pairs. (See Trading Costs for a comparison of the spread versus commission account models). If you are a retail trader in search of a broker that focuses on stocks and forex, then Lime Fx is certainly worth your consideration. With negative balance protection, excellent research and educational content, competitive spreads, transparent fees, and responsive customer support, Lime Fx stands out as a strong choice for beginner traders.

Additionally, they may miss out on specific promotions and services offered exclusively for non-US clients. Lime Fx follows a strict withdrawal policy that requires clients to withdraw funds using the same methods as their initial deposit. This applies to all deposit options, including credit/debit cards, e-wallets (like Skrill or Neteller), cryptocurrency wallets and international bank transfers. Lime Fx offers Islamic swap-free accounts, featuring no swap or rollover interest, unchanged spreads, no upfront commissions and traders can hold positions indefinitely. In contrast to some other brokers that charge an admin fee after a certain time period.

Additionally, Lime Fx provides over 20 equity index CFDs, 5 commodity CFDs, and futures CFDs on various assets, including precious metals and energy markets. The United States has strict regulations when it comes to trading the financial markets. Consequently, the majority of online forex brokers do not accept US clients because they are unable to meet the tough regulatory requirements of the US authorities. Lime Fx Group is a trusted broker that offers an outstanding selection of high-quality educational content and market research. It supports a solid MetaTrader offering limefx broker reviews and has recently expanded its platform lineup to include TradingView, enhancing its appeal to chart-focused traders. In line with anti-money laundering regulations, traders must use the same withdrawal method as the one used for depositing.

Additionally, there are live trading education sessions, video tutorials, and platform guides for both beginner and advanced traders. Trading platforms are based on MetaTrader 4 and 5 which are known for their reliability and advanced trading features. There is a minimum withdrawal amount of $5 (or equivalent) for all accounts except for the Lime Fx Shares Account which has a minimum $10,000. Withdrawals via bank wire and debit card usually take 2-5 business days to reach the client’s account. E-wallets are generally faster, often the same day or the next day. Micro accounts are best suited for beginners or traders with smaller balances, as they limit position sizes, while Standard accounts allow for larger trades.

Company

• Please consider contacting a professional advisor if you require any financial assistance.
• Lime Fx supports the widely popular MetaTrader platforms, with options for both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) across desktop, web, and mobile devices.
• If you have deposited via a credit/debit card, then the withdrawal back onto the same card, can cover the deposit amount.
• Lime Fx is a good choice for beginner and intermediate traders, especially since you can start with just $5, use demo accounts to practice, and have lots of additional resources.
• This applies to all deposit options, including credit/debit cards, e-wallets (like Skrill or Neteller), cryptocurrency wallets and international bank transfers.

However, with the zero spread account, you will pay $3.5 commission per standard lot (100,000 units) traded per side. This commission is paid when you open and close positions, totaling $7 per round trip. Signing up to join Lime Fx is fairly quick (in under 15 minutes) whilst the account verification can take 24 hours. Notable countries that traders will not be able to sign up from include the US, Canada, China and Japan. Furthermore, there are other notable countries, such as Canada, Japan, and China, where traders are restricted from trading with Lime Fx.

The broker is unable to accept US clients due to regulatory restrictions imposed by the US Commodity Futures Trading Commission (CFTC). Lime Fx is not registered or regulated under any US jurisdiction, such as the NFA or SEC, which prohibits it from accepting clients residing in the United States. Tap into your full potential with the all-in-one, award-winning Lime Fx app. When using a non-US broker, US clients may face additional risks such as lack of regulatory oversight, potential communication challenges, and limited legal remedies.

Lime Fx’s Demo account gives traders the chance to practice and upgrade their trading skills in a risk-free environment, replicating real trading conditions. This account mimics live trading conditions on popular third-party solutions such as the MT4 and MT5. On the other hand, experienced traders could use this account to test new strategies without risking any real funds. However, the broker does not accept US clients due to regulatory restrictions imposed by US authorities, particularly the CFTC. This regulation does not permit non-US brokers to operate and onboard clients from the US. So, if you are a US forex trader considering Lime Fx, you should choose alternatives.

Why does Lime Fx not accept US Clients?

To help facilitate the customer service that Lime Fx offers its clients from around the world, it claims to have support in over 30 languages. In conclusion, while Lime Fx broker is renowned for its services in many parts of the world, it does not currently accept US clients due to regulatory restrictions. US traders seeking alternative options have a wide range of brokerage platforms to choose from, limefx courses scam ensuring they can participate in the global financial markets.