LimeFx Review 2024

Finally two-factor authentication is enabled while the desktop platform requires user credentials (username, password) as well as a security phrase/image and pin. Keep an eye on the broker’s website to stay abreast of new deals. Note, all clients must be 18 years of age or older to open an account. When comparing LimeFx vs Interactive limefx forex brokers reviews Brokers, for example, the broker comes out on top in terms of options pricing. This level of regulation and membership in theInvestor Compensation Fund provides a strong legal framework for traderprotection. Free weekly mailout on major world events that have an impact on the quotation of the securities of companies worldwide.

  1. Overall, I feel that LimeFx are a really good broker with a vast range of trading products and services that can meet the demands of all traders.
  2. IPO investing, robo-advisors, and individual investment portfolios are also available, as well as leveraged CFDs.
  3. If you are looking for a convenient way to trade the markets, I would certainly give them further consideration.
  4. Our commitment to excellence is reinforced by rigorous regulation from esteemed authorities, including the NFA, CySEC, FINRA, and the Bank of Russia….

LimeFx requires a $3,000 account minimum for trading withthis platform. As mentioned above, LimeFx’s accountstructure differs from the tiered approach common among brokers. Their accounttypes are primarily distinguished by market access. They offer three forextrading account types, as well as a demo account.

Yes, LimeFx offers demo accounts and setting it up is very simple and easy. The broker immediately gives you access to an MT5 user id and password for the web, desktop and mobile app separately along with $100,000 in virtual funds. These can be traded on both the proprietary and third-party trading platforms and their fees are commission-based.

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.

I personally prefer to trade manually using my own strategies as I like to know when and why a trade was taken. 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. LimeFx 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.

Comparing LimeFx fees with other brokers

However, those craving advanced features might yearn for more than what the broker offers. In other words, LimeFx is for the pragmatic trader seeking simplicity and efficiency. 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.

Comprehensive Assistance for Traders

The Standard and currency ECN accountsprimarily provide CFDs for currency, precious metals, andstocks/indices/energies. LimeFx offers a diverse range ofassets, such as currency, bonds, stocks, and futures. They offer access to over30,000 stock assets and over 90,000 option assets. There is also an additional email for customer support of ROX accounts holders – It is available inside the personal account of a LimeFx customer and visually shows the map of ‘hot stocks’.

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. The minimum amount required is USD 100/EUR 100 and users pay a commission only for results. This can be a possible solution for those of you who do not have the time or knowledge to trade.

Languages and operating hours of customer support:

The discount broker is also a member of the Securities Investor Protection Corporation (SIPC) that insures the investor funds deposited with LimeFx for up to $500,000. Automated clearing houses deposits are free and so are withdrawals. The daily deposit limit is set at $100,000 and withdrawals capped at $25,000. These amounts can take up to 7 business days to reflect in your LimeFx account and can only be withdrawn via ACH 10 days after the date of deposit or 60 days via check or bank transfer.

Its main goal is to promote efficient, transparent and integrated financial trading infrastructure, ensuring a higher degree of investor protection. The directive contains measures for the organisation and functioning of investment firms, facilitating cross border trading, while creating strategic opportunities. Overall, LimeFx is an appealingchoice for traders looking for a reputable broker with a diverse asset rangeand several platform options. The drawbacks that we discovered, specifically shortage of educational materials and broker’s ‘affection’ for Metatrader platforms, are fully compensated by its advantages. The main email of customer support is It is an advanced source of financial and technical assistance. If you can’t find the information on the website and the managers of the call center cannot help you, you need to write an email.

With Internet access and a smartphone with a browser, any customer can use this module for intraday scalping in DOM (Depth Of Market). Completing this short overview of QTrader, let us say that CQG Incorporated, as a company producing software for trading at the exchange, was established in 1980. And QTrader is a rather complex product with years of work behind it. In fact, a whole book can be written about the multiple functions of QTrader platform.