Bank transfers may take a few business days to clear whilst some methods can be instant. Lime Fx Online Ltd is a broker based in Cyprus and regulated by the CySEC. The brand offers forex, commodities, stocks, ETFs, CFDs, crypto, bonds, futures, and options.
TRADING HELP
The broker puts great emphasis on Anti-Money Laundering (AML), Counter Terrorist Financing (CTF) and Know-Your-Customer (KYC) measures. Yes – Lime Fx is a legitimate brokerage registered with several respectable regulators and financial authorities, including the CySEC, NFA, FINRA, and Bank of Russia. Over 155,000 traders from more than 130 countries have registered an account with the firm. Customer service can be reached using the telephone number, email, and live chat on the website. This is a drawback versus some competitors who offer around the clock customer support. Lime Fx caters to active traders with competitive pricing for those who trade in high volumes.
Lime Fx Broker Review 2024
There may be a welcome bonus of up to $2,000 when signing up for a Lime Fx Online LTD pro account, depending on your location. This is a hefty account promotion though there may be withdrawal terms and conditions. The firm doesn’t accept deposits in cryptocurrencies, such as Bitcoin and Ethereum. Accounts also cannot be funded by credit card checks, traveler’s checks, money orders, or Western Union. On the downside, to manage all of these from the same interface, a trader will need to use a third-party application.
Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success. Brokers brag about their rates, like chat rooms claiming to help thousands of traders. Finding the correct broker and subscribing to the right education program took me a long time.
You can see previous, forecasted and actual results of each economic release. The broker does not offer limefx scammers 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. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with.
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. You can get direct access to a huge range of markets with low commissions, instant execution and maximum liquidity. I like how they take an individual approach to each client regardless of your investment size and have 24/7 support. There is an abundance of high-quality research that covers all financial markets and instruments which can help to inspire trade ideas. It is quick and easy to get started with an account from just $100.
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.
Expansive Trading Horizons with Lime Fx
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. With trading platforms compatible with Windows and Mac desktops, Lime Fx ensures non-mobile traders have a comprehensive trading experience in the desktop environment.
Once verified by the Lime Fx account team, you can then fund your account and commence trading. Lime Fx+ is a browser-based platform that requires no software download. It comes with a customizable interface, access to US exchanges, delayed market depth data, real-time news, and detailed stock information.
If investors successfully pass both steps, they receive access to a funded real-money account and can trade on the firm’s capital (a monthly subscription fee applies). IPO investing, robo-advisors, and individual investment portfolios are also available, as well as leveraged CFDs. For traders who require a more robust platform, Lime Fx offers several options.
Overnight Funding Fee
Investors cannot purchase shares of Lime Fx because the company is privately held. However, if you’re a neophyte (a little green behind the ears), your first consideration may be the kind of support and training you’ll receive. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. This is due to regulatory restrictions and additional requirements.
- Our experts assess minimum deposits, bonuses, demo accounts, spreads, and more.
- Spreads on this account type start from 0 pips with a $2 per lot commission charged.
- First, I needed an honest, realistic, and affordable education in the stock market.
- I like how there are accounts for different trading styles and flexible payment options fund your account.
- This way I can discover what works for me and areas in which I can improve.
For example, the company offers Sterling Trader Pro, Etna Trading Platform, OEC Trader, and CQG Trader. The brokerage also offers FIX (Financial Information Exchange) and REST (Representational State Transfer) APIs. Match any two of these requirements to qualify as a professional client. You can keep track of current economic data using the provided Economic Calendar.
Such policies solidify Lime Fx’s reputation in the financial trading space. 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. If you leave your account unused limefx 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.
Like some of its major competitors, Lime Fx aims to educate its users through various learning resources. However, while Lime Fx 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. The CFD fees are added to the broker’s spreads, promoting a more affordable trading experience for users trading CFDs.