Lime Fx has won 6 prestigious awards, offering excellent services to over 155,000 users. ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements. They have mobile-optimized charts, multiple order types and facilitate one-click trading. In our assessment, Lime Fx is best for active forex traders looking for ultra-tight spreads with ECN pricing and fast execution speeds. The company now has more than 155,000 clients in over 130 countries. This is a good indication that the brand is a large, legitimate brokerage.
However, on Forex and CFD Standard account types, there are only 48 FX pairs. Trading fees on commission-free accounts start from 0.5 pips, which is lower than what most competitors are offering. The broker provides access https://limefx.name/ to trading major, minor, and exotic currency pairs. As mentioned above, Lime Fx’s accountstructure differs from the tiered approach common among brokers. They offer three forextrading account types, as well as a demo account.
- Lime Fx offers traders a robust customer support infrastructure.
- As always in Cyprus, the broker is regulated by the Cyprus Securities and Exchange Commission (CySEC), which in turn is overseen by the European Securities and Markets Authority (ESMA).
- This allows them to maximise order execution speeds, from 0.05 seconds.
- This can be an excellent way to improve your knowledge of the markets and your trading strategy.
Forex Research
Free daily mailout of analytical reviews and forecasts for the current date. You can keep track of current economic data using the provided Economic Calendar. You can see previous, forecasted and actual results of each economic release. The broker provides the latest market news from the world of economics and finance.
The traders and clients of Lime Fx can use the mobile platform. Quotes and real-time charts are available with technical studies. Lime Fx is a discounted brokerage firm, designed for the value-focused trader. Since 2010, the company has positioned themselves as the value brokerage. In this review, we’ve taken a look at whether a low fee broker can still provide a high quality service.
- Accepted funding methods depend on the account type you pick but they include bank wire transfer, credit/debit card, Neteller, Skrill, PayPal, Klarna, FasaPay and other digital wallets.
- Our evaluation has shown high-quality order executions with speeds of 50ms, alongside tight spreads from 0.0 pips.
- The registration process and account activation are fully digital, and the broker’s web page is very initiative and user-friendly.
- SterlingTrader® Pro – SterlingTrader® Pro is aprofessional-grade trading platform designed for active traders.
- The available platform is MetaTrader 4 (MT4) and similarly to the Standard accounts, traders have access to hedging, automated trading, and phone trading.
Using their trading strategies, the broker can manage client capital by investing in stocks of leading US and global companies that are traded on the major exchanges NYSE, NASDAQ, BATS, etc. The minimum amount required is $80,000 and there is an asset management fee from 20% charged based upon the NAV growth. There is absolutely zero guarantee on the performance when investing in asset management. Read the risk disclaimers on the Lime Fx website and seek independant advice. Developed by software company MetaQuotes, MetaTrader is one of the most popular trading platforms, used by millions of traders worldwide.
Which platforms are supported by Lime Fx?
There is no indication of whether Lime Fx offers the option of an Islamic account to traders who are of Muslim faith and who operate under Sharia Law. In essence, Lime Fx has a deposit and withdrawal structure prioritizing efficiency with no hidden costs. Such policies solidify Lime Fx’s reputation in the financial trading space. Lime Fx doesn’t charge withdrawal fees, but external payment providers may have their fee structures.
Type of Broker
Free weekly mailout on major world events that have an impact on the quotation of the securities of companies worldwide. Lime Fx accepts clients from all over the world, excluding USA and some other countries where restrictions apply. Be aware, the company has some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.
However, research tools and educational resources are frequently cited as areas where larger brokers maintain significant advantages. Experienced traders generally find this limitation inconsequential, as they typically rely on external research tools rather than broker-provided education. However, beginning traders frequently report needing to supplement with third-party educational resources to compensate for this gap. Lime Fx offers both investment and market speculation opportunities to its clients. Lime Fx delivers varieties of accounts depending upon the Traders’ financial requirements.
Types of Lime Fx Trading Account
First of all, there are different types of accounts suitable for beginners and seasoned traders. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Trading and investing in financial instruments comes with a high degree of risk and you can lose money. You should only engage in any such activity only if you are fully aware of the relevant risks.
Lime Fx also offers many other trading instruments on their CQG, ROX and J2XT trading platforms. A consistent theme across reviews is Lime Fx’s limited educational resources compared to full-service brokers. Multiple user assessments directly state the broker “lacks educational material,” making it potentially challenging for beginners seeking to develop trading skills. Brokerage commission equals 0.006 USD per share on US stocks and commissions start from 1.5 USD per trade.
I like the web platform for accessing my account on different devices without needing to install any software. The desktop platform I use for complex chart analysis and auto trading. The trading apps are ideal for me to take the markets with me in my pocket and get price alert notifications. Lime Fx offers a wide range of instruments for trading, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks. Trading fees are low and there’s a variety of trading platforms to choose from. Lime Fx’s commission structure may beattractive to cost-conscious traders.
Let’s discuss the entire process of opening the trading account with Lime Fx, Set up the process, and the Trading process. It is a Trading account with licensed European broker Lime Fx Online Ltd. For all of our broker reviews, we research, validate, analyse and compare what we deem to limefx reviews be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings.
Lime Fx offers an unusually wideselection of trading platforms compared to many online brokers. This includesthe well-known MetaTrader 4 and MetaTrader 5 platforms. Additionally, theyoffer the CQG Trading Platform (often used for futures and options trading),ROX Premium, Sterling Trader Pro, and Lightspeed Trader. The trader can check its different trading tools and features and use them for trading via the virtual money the broker offers to the demo account users. This trading account offers improved trading conditions for professional traders with an individual approach.
MINIMUM DEPOSIT
First, I needed an honest, realistic, and affordable education in the stock market. I needed to determine the type of trader I’d be before choosing the right broker. The service offers over a hundred ready-made scenarios for automating client communication, account management, trades, and trading symbol parameters. Such automation helps companies scale by processing thousands of operations at the same speed. Yes, Lime Fx provides the facility of online trading via its live trading account. With all the research and information shared about different types of accounts and their features, you can have a close look at each of the accounts and decide which account to choose.
The platform’s commitment to user-centric solutions is evident in its diverse account types and focus on creating a practical demo trading experience. Furthermore, its reliable customer support and streamlined deposit and withdrawal methods reinforce its reputation. Lime Fx is a regulated online broker offering a wide range of products, services, accounts and trading platforms. They provide global traders with competitive trading conditions and fees. Lime Fx offers a wide range of tradable instruments, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks. There are more than 30,000 instruments available through various trading platforms and account types.
A customer needs to have a minimum balance of $2500 to start trading. It enables the customer to get a certain bonus and use it for multiple benefits. It provides market access instantly and allows operating and investing in assets, and control account status and withdrawal. This prevents the hassle of trading on the computer all the time.
They also ensure traders get a straightforward trading environment. The broker’s trading fees are competitive, making it appealing to both novice and experienced traders. Each day our team does live streaming where we focus on real-time group mentoring, coaching, and stock training. We teach day trading stocks, options or futures, as well as swing trading. Our live streams are a great way to learn in a real-world environment, without the pressure and noise of trying to do it all yourself or listening to “Talking Heads” on social media or tv. If you’re an experienced active day trader, you may find that Lime Fx has better rates than your current broker.
