Lime Fx Review A decent multi-asset broker with the widest range of assets

You can take a look at Vantage if you wish to trade cryptos. Lime Fx fails in a few areas, not least of which is customer service. Nevertheless, frequent traders who won’t need much assistance can benefit from the broker’s generous stock, options, and futures commission plans. These can be traded on both the proprietary and third-party trading platforms and their fees are commission-based. Lime Fx offers traders a robust customer support infrastructure.

Lime Fx also offers a professional account for high-volume traders with a minimum deposit of $5000. The key benefits here are access to more than 50 execution routes, as well as powerful trading software like Sterling Trader Pro. This account features a minimum deposit amount of $100, nobrokerage commission, and negative balance protection.

Our Review Methodology

The company was founded in 2007 and since then has managed to attract 155,000 active traders from 130 countries. Lime Fx would be a good choice for investors who place a lot of trades every month and want low commissions for these transactions. Many brokers don’t offer trading in futures, so the brokerage firm would also be ideal for traders who are interested in commodities or cryptocurrencies.

Lime Fx is a front-runner among the diverse online brokerages on the market. The broker is ideal for traders seeking an uncomplicated, user-friendly platform for seamless trade execution. It’s not packed with complicated features, making it less daunting for beginners. Cost-conscious traders would appreciate its competitive spreads, reflecting the broker’s commitment to affordability. Lime Fx does not charge inactivity fees – a levy we see at many forex brokers we review. Meanwhile, the MT5 Global account offers 0.0 pip spreads with an even lower commission of up to $2.

Is Lime Fx Regulated?

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. I personally prefer to trade manually using my own strategies as I like to know when and why a trade was taken. This way I can discover what works for me and areas in which I can improve. Other brokers with managed accounts to consider include Key to Markets.

Software Fees

Our traders support each other with knowledge and feedback. People come here limefx forex broker to learn, hang out, practice, trade stocks, and more. Our trade rooms are a great place to get live group mentoring and training. Additionally, Lime Fx offers a few mobile apps, including an advanced app for iOS and Android devices and a swipe app.

Inactivity Fee

• Each account has a different requirement applying to them and requires different minimum balances for their maintenance and working.
• Other brokers with managed accounts to consider include Key to Markets.
• The mobile apps and web platforms are useful for those who wish to trade whilst on the go from anywhere at any time.
• As the name implies, it has fewer features and would be good for someone who primarily trades from charts.
• Likewise, the firm offers an iBROKER Mobile App for futures traders.
• Lime Fx is also a member of theInvestor Compensation Fund.

The transferring of the fund in the case of non-US countries may take one to two business days. No fee is leviable in building such an association, neither any action linked to ACH deposit, withdrawal, activation requires any fund. Owning to work being paperless, postage charges, too, are not charged. Lime Fx requests four different platforms, which include MetaTrader4 and MetaTrader5, CQG, and ROX. Two out of these named MetaTrader 4 and 5 are well-known because they are most used by the traders.

• While thebasic desktop CQG platform is free, there are charges for upgraded features anddata packages.
• There also are a host of educational, research, and news resources to help both beginner and expert traders understand and navigate the stock markets.
• Transfers out, however, attract a $50 facilitation fee.
• Please note that some methods may only be available to specific countries and not all are available for both deposit and withdrawal.
• Lime Fx is an often overlooked brokerage firm that provides day traders and other frequent investors with competitive pricing and a large suite of trading tools.

ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements. These apps can be downloaded to iOS or Android devices. They have mobile-optimized charts, multiple order types and facilitate one-click trading.

Overnight funding fees and other transaction charges, require detailed understanding on the Lime Fx platform. Doing so will help you know how the fees work and how to apply them. Lime Fx doesn’t charge withdrawal fees, prioritizing smooth and straightforward financial transactions. Yes, Lime Fx is regulated by a respected governing body.

Investment portfolios are calculated individually for each client, based on the results of a questionnaire with 8 questions to determine your preferred risk preferences. They are a member of the Investor Compensation Fund (ICF). The purpose of the ICF is to secure the claims of covered clients against ICF members through the payment of compensation if the necessary preconditions are fulfilled. The broker puts great emphasis on Anti-Money Laundering (AML), Counter Terrorist Financing (CTF) and Know-Your-Customer (KYC) measures. Some client accounts have negative balance protection.

Besides providing direct limefx forex broker market access (DMA), low commissions, the multi-regulated brokerage provides a modern high-speed infrastructure for instant trade execution. Lime Fx has over 155,000 clients from over 130 countries. Lime Fx 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. Furthermore, its reliable customer support and streamlined deposit and withdrawal methods reinforce its reputation. Their website is well-organized, withinformation readily accessible for prospective traders.

Historical data can be obtained from the platform, and multiple order types are available. Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs. It is important to note that between 74-89% of retail investors lose money when trading CFDs. These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved. Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money. Automated clearing houses deposits are free and so are withdrawals.