There is currently an MT5 Global special promotion on Lime Fx that offers discounted commissions on limefx futures from £0.50 per contract (compared to the standard $1.50 per contract). Deposit times are instant apart from bank transfers, which typically take 2-3 business days. Trading charges on Lime Fx vary depending on the account type.
How to Use the Lime Fx Brokerage?
Instrument-specific insights delve deeper, offering granular perspectives on particular trading instruments, amplifying clarity in decision-making. Lime Fx positions itself as a viable choice for traders by maintaining competitive and transparent fee structures that align with varied trading needs and preferences. If you have experience trading with Lime Fx please share your personal review of the broker and what you think are strong and weak points. Compare the markets and instruments offered by Lime Fx and its competitors.
Our experts assess minimum deposits, bonuses, demo accounts, spreads, and more. Lime Fx’s commission structure may beattractive to cost-conscious traders. They offer a wide range of assets, andtheir minimum deposit requirements are relatively low. Additionally, theyprovide a greater selection of trading platforms than many other brokers. This account is for professional traders, trading through one of the most powerful and modern platforms for Forex and MetaTrader 5 stock exchanges.
eToro Review 2024
Looking at the negatives, Lime Fx scores poorly when it comes to education, reducing its suitability for beginners. We are also disappointed by the deposit and withdrawal fees, which can be avoided at other forex brokers we use. Opening an account with the broker is a quick and easy process with a short online registration form to complete. After this you will need to fill out a questionnaire to ensure your suitability for the products and services offered, this is done to protect inexperienced clients. If accepted you can then upload your documents to verify your identification (passport, drivers license, etc) and address (e.g. utility bill no older than 3 months). Once verified by the Lime Fx account team, you can then fund your account and commence trading.
The brokerage also offers one of the largest investment offerings we have seen, with 35,000+ instruments, including dozens of currency pairs. This account is for those who already have exchange trading experience and want to get the highest execution speed. Spreads on this account type start from 0 pips with a $3 per lot commission charged. I like this account because it has the lowest spread on MT4 which is important for my automated scalping systems.
The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor. Also, it’s worth mentioning that Lime Fx has no deposit fees for cryptocurrencies and tokens – there’s but a 3% fee for a bank wire transfer. Undoubtedly, fees are going to be one of the most important aspects to look into when trying to decide which crypto exchange or brokerage will suit your wants and needs the best.
You get real-time streaming data and analysis and level II market data. Also, the layout is customizable, with over a dozen widgets available to open or close anytime. For example, widgets include charting, orders, basket orders, option chains, market depth, news, stock info, and watch list windows. Lime Fx 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).
Lime Fx offers a range of trading platforms to support the needs of investors with varying abilities and trading volumes. Our experts tested limefx broker reviews and reviewed each trading platform in more detail below. That said, as far as the less-known exchanges and brokerages go, it’s actually still not that common to come across a platform that would offer fiat payment support.
A Sophisticated & High-End, Yet Simple to Use Trading Platform
This means the broker effectively acts as a middleman to give traders access to the forex market. On a more positive note, our tests show that withdrawal times are in line with competitors, varying between payment methods with e-wallets being instant and bank wires taking up to 5 days. My only criticism is the fees for depositing funds to the ECN account, which don’t stand up against competitors like Pepperstone which doesn’t charge. However, we are disappointed to find that there are fees for depositing in ECN accounts, the amount of which varies depending on the method you use.
- What we really care about is helping you, and seeing you succeed as a trader.
- The company is a FINRA registered broker-dealer and a member of the SIPC and NFA.
- If you’re wondering is Lime Fx safe, however, I do have good news for you – both the exchange, and the interfaces that it utilizes are completely safe to use.
- We have a basic stock trading course, swing trading course, 2 day trading courses, 2 options courses, 2 candlesticks courses, and broker courses to help you get started.
- This is firmly toward the low end of the forex brokers we review.
The brand offers forex, commodities, stocks, ETFs, CFDs, crypto, bonds, futures, and options. In our Lime Fx.online review, we have covered how it works, alongside the pros and cons. The broker is most likely to appeal to independent day traders and active swing traders looking to keep costs down while accessing advanced technology and analysis tools.
Trading Central is an award-winning fusion of automated analytics & analyst research that has been supporting traders since 1999 and is available in 32 languages. It offers robust coverage of 75,000+ instruments to help investors broaden their trading strategies and diversify their portfolios. The patented pattern recognition technology conducts technical and fundamental analysis to help optimise trading strategies with easy alerts, back testing and customisable filters.
Comprehensive Assistance for Traders
They offer the MetaTrader 4 (MT5), MetaTrader 5 (MT5), CQG & ROX platforms. I think all of the platforms are excellent for anyone looking to analyse the markets, place and manage positions. However, I personally prefer the MetaTrader platforms as I feel that they are the most user-friendly. I also like the automated trading features of these platforms and fact you can find a plethora of free and paid add-ons to enhance the platforms capabilities even more. That being said, the platforms built-in tools should be more than enough for most traders. Lime Fx are an international online broker offering a great range of trading products and services.
TRADING STOCKS IN THE BULLISH BEARS COMMUNITY
If it’s money and wealth for material things, money to travel and build memories, or paying for your child’s education, it’s all good. We know that you’ll walk away from a stronger, more confident, and street-wise trader. We also offer real-time stock alerts for those that want to follow our options trades. You have the option to trade stocks instead of going the options trading route if you wish. People come here to learn, hang out, practice, trade stocks, and more.
Moreover, Lime Fx + is user-friendly and a cut above many brokerage-provided platforms. However, active traders may require a more sophisticated platform. The broker’s trading fees are competitive, making it appealing to both novice and experienced traders. Importantly, the paper trading account lets you test the broker’s platforms and tools before committing real money. Commissions on withdrawals vary, with the highest coming in at 2.8%.
Lime Fx offers its users a wide selection of assets to purchase and trade, in addition to 5 of the main cryptocurrencies. The brokerage is secure and reliable, and is certified in the US, EU, and UK. The commission fees are very low, and you’ll also be able to use the platform on all of your main devices (mobile, desktop, the web). The Forex demo account at Lime Fx isdesigned for traders who are new to forex markets.