It has strong regulatory credentials, other positive user reviews, and has received a number of industry awards. The company now has more than 155,000 clients in over 130 countries. This is a good indication that the brand is a large, legitimate brokerage. There is also a campaign to become a professional trader which offers a bonus of up to $2000.
The first option is Joint with Rights of Survivorship (JTWROS), and the second is with Tenants in Common (JTIC)s, which offers custodial and trust accounts. Lime Fx offers ultra-fast trade executions, low fees and powerful platforms, making it a good pick for day traders. It provides a competitive environment for active day traders. 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. Lime Fx+ allows you to review all your orders and shows your current portfolio and market performance.
Lime Fx MT5 Global Account
Importantly, we find both platforms easy to use with a sophisticated design and a customizable workspace. The key benefits of this system are the tight spreads and fast execution speeds, which come in as low as 50 ms based on our evaluation. This makes the firm a good option for active forex traders and scalpers in our opinion. Looking at the negatives, Lime Fx scores poorly when it comes to education, reducing its suitability for beginners.
To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. MetaTrader5 -MetaTrader 5 is a multi-asset trading platformsupporting stocks, futures, forex, and CFDs. It offers single-window trading,advanced charting tools, and a depth of market feature. MetaTrader 5 is offeredwith Lime Fx’s MT5 Global account and can be used as a desktop, mobile, orweb app.
Trading hours with Lime Fx depend on the market in question. Forex hours are generally Sunday evening until Friday evening, whereas stock markets are often only open during the day, Monday-Friday. Crypto, on the other hand, is active 24/7 due to its decentralised nature. Lime Trading (CY) Ltd – the owner of Lime Fx – is regulated by CySEC and subject to oversight from the European Securities and Markets Authority (ESMA). The company is also a member of the Investor Compensation Fund (ICF), which provides compensation to eligible clients if the firm is unable to meet its obligations.
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. I think they can be a good choice for anyone who is looking for convenient trading in a regulated environment. Overall, I feel that Lime Fx are a really good broker with a vast range of trading products and services that can meet the demands of all traders.
Can I Trust Lime Fx?
The broker understands the importance of good customer service and provides 24/7 customer support via email, live chat, and over the phone. Overall, the available platforms offered by this broker are great and traders of different limefx scammers needs will easily find what they are looking for. Trading fees with this broker are low compared to competitors.
STOCK TRADING SERVICE
Lime Fx is an established Europeanonline discount broker offering its services to clients in more than 130countries since 2016. We are pleased to see that Lime Fx offers a free demo account. These simulation accounts are a great way for beginners to learn more about forex trading without financial risk. They also offer traders the chance to find out if the broker suits their strategy before committing funds. Lime Fx offers a wide range of instruments for trading, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks.
They have mobile-optimized charts, multiple order types and facilitate one-click trading. We have been fairly impressed with the customer service provided. Support is available 24/7 which stands up well against competitors we have tested. You can set goals such as general savings, retirement or college savings, which makes the tool user-friendly and gives you clear aims. You then choose an investment portfolio and let the robo-advisor provide advice and services. It is useful if you don’t have the time or knowledge to make your own trades, though there is no guarantee you will make money.
Who Is Lime Fx Best For?
Lime Fx offers 24/7 customer service,which can be contacted via online chat, email, or telephone. This extendedavailability may be a benefit for traders who operate outside of standardbusiness hours. ROXPremium – ROX Premium provides access to major USstock and options exchanges (NYSE, NASDAQ, CBOE) for market data and orderrouting.
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. The Standard and Forex ECN accounts primarilyoffer CFDs for forex, precious metals, and indices/energies.
The platform offers clear market data and graphs, though we particularly rate the Excel output option and economic calendar, which are useful for planning trades. The Forex ECN account offers ultra-tight spreads from 0.0 pips, although a low commission of up to $3 applies. Again, this fares well with many firms that charge a commission of $3.50+ on their ECN solutions.
- 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.
- For this reason, the indicator is used to assess the French economy.
- The Forex Standard account offers commission-free trading with spreads from 0.5 pips.
- Those with uninvested crypto can also deposit this to earn interest payments through staking and lending.
- However, active traders may require a more sophisticated platform.
We are much more than just a place to learn how to trade stocks. Yes, we work hard every day to teach day trading, swing trading, options futures, scalping, and all that limefx forex broker fun trading stuff. But we also like to teach you what’s beneath the Foundation of the stock market. People come here to learn, hang out, practice, trade stocks, and more. Our trade rooms are a great place to get live group mentoring and training.
They have plenty of experience and are regulated which gives me the peace of mind that I can trust them for my daily trading activity. I found them to have very competitive trading conditions and fees. You get to trade on easy to use platforms with all of the tools you need for conducting complex market analysis.
I like how there are accounts for different trading styles and flexible payment options fund your account. 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 accommodates the needs of both beginner and experienced investors. The firm boasts a wide range of assets, including stocks, forex, futures and cryptocurrencies, all of which can be found on the MetaTrader 4 and MetaTrader 5 platforms.
