LimeFx Review 2024

The broker does not offer services to the United States or any other jurisdiction where such products or services are not permitted. If you find that your country is not accepted, please feel free to take a look at our broker ratings for another option. Forex hours are generally Sunday evening until Friday evening, whereas stock markets are often only open during the day, Monday-Friday. Crypto, on the other hand, is active 24/7 due to its decentralised nature. Lime Trading (CY) Ltd – the owner of LimeFx – is regulated by CySEC and subject to oversight from the European Securities and Markets Authority (ESMA). The company is also a member of the Investor Compensation Fund (ICF), which provides compensation to eligible clients if the firm is unable to meet its obligations.

Account types

LimeFx has solid trading platforms and competitive commission fees. You may fund the account via ACH, wire transfer, or account transfer. In this LimeFx review, let’s look at their fees and commissions. Furthermore, stocks and options are priced according to two different plans. However, traders should pay attention to potential charges by individual payment channels. The deposit minimum is accessible, making the broker a decent option for seasoned and novice traders.

LimeFx Fees and Pricing Review

There are no minimum deposit or withdrawal limits for bank wire transfers. Deposits are processed within one business day while withdrawals can take up to 3 days. IPO investment offers an unparalleled opportunity to buy into a company’s vision and growth at its initial stage in the public market. ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers. Before making any trading related decision, contact a local professional financial advisor. The results from our assessment show that LimeFx is a good forex broker.

Best offers

So, you want to keep your account active and engaged to avoid withdrawal restrictions. Don’t get me wrong – the registration was definitely not “difficult”, in any sense of the word. However, if there was one thing I could change about it, it would have to be the one-page format.

Leverage

It gives traders access to more than 40global exchanges and the assets that are traded on them. Clients of LimeFxmostly use CQG to trade options and futures. While the base desktop version ofthe CQG platform is free, additional features or upgrades may incurcharges. To use the CQG platform,LimeFx requires at least a $3,000 account balance. LimeFx offers a forex demo accountthat allows new traders to experiment and become familiar with the currencymarket in a risk-free environment.

• The broker is also a member of the Investor Compensation Fund, which protects clients with compensation of up to €20,000 in the case of an unresolved dispute with the brokerage.
• The broker also provides a range of trading platforms including MetaTrader 4, MetaTrader 5, CQG, J2TX, and Sterling Trader Pro.
• The brokerage offers Basic and Pro accounts, ensuring that both trading enthusiasts and seasoned investors find an accommodating trading environment.
• LimeFx is a globally renowned online securities trader that best describes itself as a deep discount brokerage house.
• It was released in 2005 and quickly became popular amongtraders for market analysis and strategy development.

Support is available 24/7 which stands up well against competitors we have tested. It is useful if you don’t have the time or knowledge to make your own trades, though there is no guarantee you will make money. J2T Copy is also available with a low minimum investment of $100, making it accessible to beginners. This copy trading tool allows traders to choose an investment https://limefx.vip/ manager to manage their funds and make investments on their behalf. Using free market research of LimeFx’s experienced analyst team, clients get the opportunity to create their own investment strategies. Its main goal is to promote efficient, transparent and integrated financial trading infrastructure, ensuring a higher degree of investor protection.

Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success. The laudable support system is multi-channelled across live chat, email, and phone communication.

I needed to determine the type of trader I’d be before choosing the right broker. Therefore, any trader style should find a suitable platform among the choices. For limefx those navigating the ebb and flow of market trends, the trend exploration tools become indispensable, offering a lens into the intricacies of market trajectories.

There are no inactivity fees and spreads on the commission-free Standard account start from 0.5 pips. Let’s compare the fee policy with other brokers to better understand the difference. Different account types are available for different trader types.

Like stocks, these too can be traded on both their proprietary and third-party trading securities trading platforms. Our review is nonetheless alive to the fact that its platform doesn’t have an integrated mutual funds screener. Lime Trading (CY) Ltd provides clients with direct access to major global stock and currency markets, catering to both individuals and legal entities. Our business, banking, legal, and accounting procedures adhere to the highest European standards, aimed at minimizing investment risk and maximizing reliability and trust.

We appreciate that there are no deposit fees on the Standard and MT5 Global accounts, although third-party fees may apply to bank transfers. The Forex ECN account offers ultra-tight spreads from 0.0 pips, although a low commission of up to $3 applies. Again, this fares well with many firms that charge a commission of $3.50+ on their ECN solutions. The rest of this review will explore theofferings, accounts, and trading conditions available from LimeFx ingreater detail. The broker understands the importance of good customer service and provides 24/7 customer support via email, live chat, and over the phone. Overall, the available platforms offered by this broker are great and traders of different needs will easily find what they are looking for.

Customers can also access a wealth of information on the trading platform, including detailed FAQs and tools for answering questions and explaining diverse trading nuances. Like some of its major competitors, LimeFx aims to educate its users through various learning resources. However, while LimeFx has taken the step of elevating its users’ trading experience, it still has much to do to stand shoulder-to-shoulder with the best brokerages. LimeFx’s web platform allows traders to access their accounts directly through a browser, ensuring easy access without software downloads.

LimeFx ensures its traders have a robust set of tools at their disposal. The broker also offers a range of trading platforms, like the renowned MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are famous for their comprehensive charting tools, user-friendly interfaces, and algorithmic and copy trading support.

Embark on a journey to invest in a company’s first steps into the public market. Seize this distinctive opportunity to invest in company shares at the offering price, securing your stake before they commence trading on the exchange. This is your chance to be part of a company’s growth story from its nascent stage in the public market. Embrace the future of investment with our cutting-edge Robo-advisor, designed to usher you into a new age of investing using state-of-the-art technologies. This globally acclaimed service stands as a beacon of efficiency, guiding users towards the pinnacle of financial well-being and prosperity. Discover the convenience and capabilities of modern trading systems and experience trading with a reliable European broker.

Our vast portfolio encompasses stocks, currencies, options, futures, CFDs, bonds, and cryptocurrencies, ensuring our clients have diverse investment opportunities. LimeFx 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. LimeFx offers a wide range of trading instruments with sophisticated platform features catering to both trading newbies and market veterans. The platform’s commitment to user-centric solutions is evident in its diverse account types and focus on creating a practical demo trading experience.

There’s a wide range of account types available, including the full set of MetaTrader platforms and traders get 24/7 online customer support. The minimum amount required is USD 100/EUR 100 and users pay a commission only for results. This can be a possible solution for those of you who do not have the time or knowledge to trade.