This means that the level of oversight and supervision on this brokerage is likely to be greater than that of an offshore and unregulated firm. This broker was established in 2007 and now operates in 130 countries with over 155,000 clients. Its registered address is in Limassol, Cyprus but with offices around the world in Europe and Asia, this is a global broker.
TRADING ROOMS AND LIVE STOCK TRAINING
There are more than 30,000 instruments available through various trading platforms and account types. This account is for professional traders, trading through one of the most powerful and modern platforms for Forex and MetaTrader 5 stock exchanges. Spreads on this account type start from 0 pips with a $2 per lot commission charged. 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).
Lime Fx Fees and Pricing Review
Lime Fx is regulated in Cyprus, offering more than 30,000 instruments for trading. There’s a wide range of account types available, including the full set of MetaTrader platforms and traders get 24/7 online customer support. Lime Fx provide asset management on stock markets of North America and Europe, in collaboration with a leading Russian investment holding, FINAM. The minimum amount required is $80,000 and there is an asset management fee from 20% charged based upon the NAV growth. There is absolutely zero guarantee on the performance when investing in asset management. Read the risk disclaimers on the Lime Fx website and seek independant advice.
- This includesthe well-known MetaTrader 4 and MetaTrader 5 platforms.
- Free weekly mailout on major world events that have an impact on the quotation of the securities of companies worldwide.
- Lime Fx offers 24/7 customer service,which can be contacted via online chat, email, or telephone.
- This account features a minimum deposit amount of $100, nobrokerage commission, and negative balance protection.
- When comparing Lime Fx vs Interactive Brokers, for example, the broker comes out on top in terms of options pricing.
Commodity CFD trading on Lime Fx
This is noticeably tighter than the variable spread accounts at the majority of brokerages. Our research shows that the MT5 Global account is best for experienced traders. Account holders get tight spreads with a very low commission rate, plus access to the powerful MetaTrader 5 platform. With a fee structure that will be attractive to high-volume traders and regulation by the ESMA, Lime Fx provides a top-end, competitive investing service.
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. The broker also provides a range of trading platforms including MetaTrader 4, MetaTrader 5, CQG, J2TX, and Sterling Trader Pro. Lime Fx is an online broker offering stocks, options, forex and bonds through professional platforms and apps. Premium tools and innovative programs such as Try2BFunded make the offering fairly unique.
We love the diversity of people, just like we like diversity in trading styles. If you would like to contact the Bullish Bears team then please email us at bbteam@bullishbears.com and we will get back to you within 24 hours. Lime Fx is a regulated broker in the EU by the (CySEC) Cyprus Securities and Exchange Commission. 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. Free weekly mailout on major world events that have an impact on the quotation of the securities of companies worldwide. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.
Trading platforms of Lime Fx reviewed
It also offers connectivity to key exchanges in Canada, Mexico, andEurope. From on our assessment, Lime Fx provides an average offering of market research. There is real-time data to help limefx with trading decisions, including an economic calendar, market news and information on initial public offerings (IPOs). I like the variety of payment methods supported by Lime Fx, making the broker easy to use. Lime Fx does not charge inactivity fees – a levy we see at many forex brokers we review. The Forex Standard account offers commission-free trading with spreads from 0.5 pips.
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. Lime Fx offers an unusually wideselection of trading platforms compared to many online brokers. This includesthe well-known MetaTrader 4 and MetaTrader 5 platforms. Additionally, theyoffer the CQG Trading Platform (often used for futures and options trading),ROX Premium, Sterling Trader Pro, and Lightspeed Trader.
CFDs can also be traded with leverage, which increases potential returns (and losses). We appreciate that there are no deposit fees on the Standard and MT5 Global accounts, although third-party fees may apply to bank transfers. Lime Fx has a wide range of markets to invest in, including various securities and derivatives. Traders placing a high volume of positions will also find the fees very reasonable. Lime Fx is owned by Lime Trading (CY) Ltd, which is regulated by CySEC and ESMA. It is also a member of the Investor Compensation Fund, which provides additional protection to customers should the broker be unable to meet its obligations.
New traders can also get started with a low minimum deposit of $100. On the other hand, there’s a 2 USD commission per traded lot per side. The available trading limefx scammers platform is MetaTrader 5 with a minimum initial deposit of 100 USD. There are 50 currency pairs available for trading on this account in addition to indices and commodities.
Dozens of currency pairs are available with below-average fees, high-quality order executions and access to two leading platforms – MT4 and MT5. The research notes are quite useful for forex trading, but there are no videos, webinars or guides to support beginners. Ultimately, the educational resources are nowhere near as extensive as competitors like Pepperstone. With this in mind, Lime Fx isn’t the best forex broker for new traders in our view. MT4 is our pick for beginners while MT5 is good for experienced traders thanks to its faster processing and greater breadth of indicators, order types and trading tools.
The broker offers various methods for account funding, including bank transfer, Bitcoin, credit/debit card, crypto, Neteller, POLi, PayPal, Skrill, and iDeal. However, most withdrawals are charged 0.20% – 2.5% of the withdrawal amount. In this review of Lime Fx, we’ll discuss the broker’s safety policies and regulations, trading platforms, account types, trading fees, and more. In addition, we’ll guide you through account opening step-by-step. Lime Fx provides a free, web-based platform that’s more advanced than most brokerage platforms. You get real-time streaming data and analysis and level II market data.
We know that you’ll walk away from a stronger, more confident, and street-wise trader. The Bullish Bears trade alerts include both day trade and swing trade alert signals. These are stocks that we post daily in our Discord for our community members. 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. For example, the company offers Sterling Trader Pro, Etna Trading Platform, OEC Trader, and CQG Trader.
