Lime Fx Review: Key Features, Pros and Cons

The Standard and Forex ECN accounts primarilyoffer CFDs for forex, precious metals, and indices/energies. Lime Fx have a variety of 20+ convenient methods for depositing and withdrawing funds from your trading account. This includes bank wire, credit/debit card and online payment systems such as Neteller and Skrill. Please note that some methods may only be available to specific countries and not all are available for both deposit and withdrawal. 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.

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This might lead to the potential generation of revenue through investment fund management. It offers market and limits orders on close, and the time duration can be set today or for extended hours. Lime Fx doesn’t charge withdrawal fees, but external payment providers may have their fee structures. The laudable support system is multi-channelled across live chat, email, and phone communication.

• Also, similar to the copy trading service, there is no guarantee you will make a profit.
• Lime Fx ensures its traders have a robust set of tools at their disposal.
• Traders should also keep in mind that triple rate swap fees are charged on a Wednesday.
• Some broker-dealers charge for this, so free access is quite generous.
• There are several technical studies available, including Aroon Oscillator and ZeroLagMa.
• Currently employs over 1200 employees and maintains offices in over eight countries including the United States, China, and the United Kingdom.
• This is an account for beginners who want to understand how the currency market works, and practice trading without any financial risk.

Forex Research

All funds deposited into your trading account must be under the same name as your Lime Fx trading account. 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. The broker understands the importance of good customer service and provides 24/7 customer support via email, live chat, and over the phone. Traders who would rather use a desktop program should check out Lime Fx Pro. The brokerage house promises “high speed with reliable operations.” Presumably, this one should deliver executions and data faster than its browser-based cousins.

Lime Fx is also a member of theInvestor Compensation Fund. This level of regulation and membership in theInvestor Compensation Fund provides a strong legal framework for traderprotection. Using free market research of Lime Fx’s experienced analyst team, clients get the opportunity to create their own investment strategies. Indices follow the performance of baskets of stocks and are perfect indicators of the health of certain industries or economies.

Share trading on Lime Fx

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. Alternatively, you can open a free demo account if you prefer to get a feel for what the broker has to offer. This can be a great way to see if they will meet your specific needs.

Lime Fx Customer Service

Our tests show that only a select few brokers, such as Saxo Bank, can rival Lime Fx when it comes to the number of trading products. Importantly, forex can be traded via contracts for difference (CFDs). This type of derivative allows traders to go long or short on currencies. CFDs can also be traded with leverage, which increases potential returns (and losses). 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. We put all of the tools available to traders to the test and give you first-hand experience in stock trading you won’t find elsewhere.

However, if your account balance falls below this limit, the commission sees an increase to $4. 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.

Lime Fx Trading hours

They differ in such ways as the depth of their market analysis, access to sophisticated indicators, and platform-based trading costs. Lime Fx offers a wide range of tradable instruments, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks. There are more than 30,000 instruments available through various trading platforms and account types. Our review indicates that traders on the platform can trade up to 90,000 futures and limefx futures options instruments.

• There, however, are no ETF trade screeners on the platform.
• Using market research of the brokers experienced analyst team, clients can get the opportunity to create their own investment strategies.
• Lime Fx is an established Europeanonline discount broker offering its services to clients in more than 130countries since 2016.
• Our review indicates that traders on the platform can trade up to 90,000 futures and futures options instruments.
• For example, widgets include charting, orders, basket orders, option chains, market depth, news, stock info, and watch list windows.
• You will find that Lime Fx have a great variety of flexible and powerful trading platforms suitable for all styles and levels of traders.

ROX is a sophisticated electronic order management system with instant routing to exchanges, ECNs, market makers and limefx scam MTFs world-wide. ROX empowers traders by providing lightning fast access to many sources of liquidity. ROX users can benefit from competition among a large number of market centres, each of which have their very own special advantages and opportunities. ROX simple yet powerful point-and-click screens enable trading in many marketplaces at the same time. Its speed, simplicity, and record-keeping abilities can help to give traders a performance edge in the marketplace. There are no spread markups on the MT5 Global account.

TradingBrokers.com aim to provide unbiased broker reviews. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. Accounts can be opened in a decent choice of currencies which are EUR, USD, RUB. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.

In this Lime Fx review, let’s look at their fees and commissions. Furthermore, stocks and options are priced according to two different plans. Lime Fx offers clients access to awide range of asset classes, including forex, precious metals, stocks, indices,energies, futures, options, and bonds. Their selection includes tens ofthousands of individual assets. For example, they offer over 30,000 stocks andmore than 90,000 option assets. Please note that full access to all assets isavailable on the MT5 account.