The brokerage recommends the platforms according to the type of security traded. And under the categories of “stocks,” “options,” “futures,” and “apps,” Lime Fx lists the ideal platforms. Lime Fx is a front-runner among the diverse online brokerages on the market.
Lime Fx Review: A Forex broker with numerous tradable instruments
Lime Fx is a regulated broker in the EU by the (CySEC) Cyprus Securities and Exchange Commission. We may receive commissions on purchases made from links in this article. Our editors independently researched the information in this Lime Fx review. Instead, I spent hundreds of dollars a month gobbling the goo of the goo-roos.
Different account types are available for different trader types. For traders that wish to only trade CFDs and FOREX pairs, there’s a dedicated account. Stock traders will also find a suitable account, but let’s dive deeper and uncover more details. 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.
Add to this paying for expensive software while I was supposed to learn how to succeed as a trader. Second, the Per Share Plan, which caters to high-volume traders, charges tiered rates per share. However, this broker’s low Trustpilot rating (2.5/5) and limited worldwide availability (only 33 countries) make it not the best option for everyone.
Lime Fx Broker Spreads and Commissions
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. Brokerage commission equals 0.006 USD per share on US stocks and commissions start from 1.5 https://limefx.vip/ USD per trade.
This includes CQG Integrated Client, CQG Spreader, CQG QTrader, CQG Trader & CQG Desktop. Developed by software company MetaQuotes, MetaTrader is one of the most popular trading platforms, used by millions of traders worldwide. It is known for its user-friendly interface and implemented trading tools. MetaTrader is freely available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). 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 financial realm continues to evolve, so does the need for superior trading tools. Lime Fx’s platform unfurls a tapestry of innovative features tailored to empower traders. By leveraging push notifications, traders are kept abreast of real-time market shifts and alterations in their portfolios, ensuring they remain at the forefront of every pivotal movement.
Platform
If you leave your account unused over a long period, Lime Fx will charge an inactivity fee. So, you want to keep your account active and engaged to avoid withdrawal restrictions. Transfers in from one account – say the IRA – to the account are free. Still, it adds that it does not accept clients from countries or “territories where such distribution would be contrary to local law or regulation.” During my review, Lime Fx neither offered bonuses nor promotions; a quality partnership program exists. Free weekly mailout on major world events that have an impact on the quotation of the securities of companies worldwide.
Using market research of the brokers experienced analyst team, clients can get the opportunity to create their own investment strategies. There is a range of asset management solutions for those who wish to invest their limefx courses scam funds in global financial markets, with full control over their investment portfolio. Complete training in financial markets such as “Forex,” “Stock Market,” and “Cryptocurrencies” only becomes comprehensive with tested trading tools and strategies. “Trading Finder,” with its experience, aids traders and investors in gaining a correct understanding and deep learning.
STOCK TRADING SERVICE
Trading contains substantial risk and is not for every investor. An investor could potentially lose all or more of their initial investment. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading.
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.
- Meanwhile, the demo account allows new and experienced traders to practice strategies in a risk-free environment using virtual funds.
- There also are a host of educational, research, and news resources to help both beginner and expert traders understand and navigate the stock markets.
- For newcomers, Lime Fx offers a demo environment with realistic market conditions to test strategies before committing real funds.
- This can be a great way to see if they will meet your specific needs.
Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success. Additionally, Lime Fx offers a few mobile apps, including an advanced app for iOS and Android devices and a swipe app. Likewise, the firm offers an iBROKER Mobile App for futures traders. Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives.
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. Lime Fx are an international online broker offering a great range of trading products and services. Whatever your interests, there is something for everyone to trade in the way that they want to trade it. The broker has been providing online brokerage services since 2006 and are trusted by 155,000+ clients from 130 countries. They cater for retail and institutional clients with the possibility of integrating third-party trading programs through an Open API.
The deposit minimum is accessible, making the broker a decent option for seasoned and novice traders. Account creation requires basic personal details and identity verification through a standard KYC process, typically completed within one business day. For newcomers, Lime Fx offers a demo environment with realistic market conditions to test strategies before committing real funds. Broker maintains up to 14 different types of user accounts on its platform. Copy traders can diversify via the proprietary J2T Copy service, which requires a low minimum capital requirement of $100.
- Lime Fx offers 24/7 customer support, but an FAQ section needs to be included.
- On its website, claims to have integrated modern technologies into its wide range of brokerage services to bring about a low priced as well as “fresh and native” trading experience.
- Brokers brag about their rates, like chat rooms claiming to help thousands of traders.
This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. Using free market research of Lime Fx’s experienced analyst team, clients get the opportunity to create their own investment strategies. The broker does not offer services to the United States or any other jurisdiction where such products or services are not permitted.
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. On the other hand, traders are charged commissions starting from 3 USD per lot. The available platform is MetaTrader 4 (MT4) and similarly to the Standard accounts, traders have access to hedging, automated trading, and phone trading.
Trader platforms
They cater for beginners with lots of helpful educational content and practice accounts. If you are an institutional trader then you will be impressed with the FIX API connectivity and managed accounts whereas there is the professional account option. If you are looking for a convenient way to trade the markets, I would certainly give them further consideration. Lime Fx is an online broker that gives you access to a full range of trading products, services, accounts and platforms. They are an international broker who I found to have very competitive trading conditions and fees.