Lime Fx is a financial services provider operating globally and the broker is regulated in Cyprus. The company was founded in 2007 and since then has managed to attract 155,000 active traders from 130 countries. ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers. Before making any trading related decision, contact a local professional financial advisor. Our forex broker ratings are the result of a blend of quantitative data and qualitative insights scammed by limefx gathered during the testing process.
Lime Fx fees compared to Interactive Brokers fees
ROXPremium – ROX Premium provides access to major USstock and options exchanges (NYSE, NASDAQ, CBOE) for market data and orderrouting. It also offers connectivity to key exchanges in Canada, Mexico, andEurope. Geographic restrictions apply, and the deposit and withdrawal screen will only list the ones available to traders. Traders should consider potential currency conversion fees and third-party payment processor costs. The name on the payment processor and Lime Fx account must match, as third-party payments remain prohibited by AML rules.
Cryptocurrency trading on Lime Fx
- Limassol, the second-largest town in Cyprus, stands as the island’s primary tourist and commercial hub, boasting the largest harbor.
- This copy trading tool allows traders to choose an investment manager to manage their funds and make investments on their behalf.
- However, this broker’s low Trustpilot rating (2.5/5) and limited worldwide availability (only 33 countries) make it not the best option for everyone.
- The Forex Standard account offers commission-free trading with spreads from 0.5 pips.
- 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 is a reliable Forex broker that offers a diverse range of trading instruments, competitive conditions, and excellent customer support. Whether you’re a beginner https://limefx.biz/ or an experienced trader, Lime Fx provides a suite of tools and resources to help you succeed in the financial markets. While there are some areas where improvements could be made, such as the addition of more advanced research tools or a dedicated mobile trading app, the overall service offered by the broker is solid. With competitive spreads, a variety of account types, and a focus on customer service, Lime Fx remains a strong contender in the world of online Forex trading.
LightspeedTrader – Lightspeed Trader is designed forprofessional traders who prioritize real-time market data, low latencyexecution, and advanced order types. Copy traders can diversify via the proprietary J2T Copy service, which requires a low minimum capital requirement of $100. Lime Fx also features in-house managed investment portfolios, available from a $250 minimum investment and a minimum investment period between three to twelve months. However, the latter may exist on the Sterling Trader platform, where Lime Fx claims to grant access to all US equity and options exchanges. I prefer more clarity concerning available assets, as Lime Fx does not list sectors besides Forex, metals, stocks, options, futures, bonds, and CFDs. Trading with a regulated broker will limit the potential for fraud and malpractice.
Traders can also perform in-depth analysis with real-time price feeds and execute trades with minimal slippage. MT4 is available for both desktop and mobile devices, making it highly accessible for traders on the go. Their website is well-organized, withinformation readily accessible for prospective traders. Unlike some brokers,Lime Fx’s account types are defined by the type of asset traded – forex,stocks and options, futures, or CFDs.
Harnessing Innovation for Investment: The Intelligent Approach
To help traders stay informed and make better trading decisions, Lime Fx provides access to market analysis tools. These tools include real-time news feeds, economic calendars, and fundamental analysis reports. The broker also offers technical analysis tools such as charting software, indicators, and drawing tools. Together, these tools give traders the ability to analyze markets in-depth and formulate informed strategies. One of the most important factors to consider when choosing a Forex broker is the quality and variety of trading platforms offered. Lime Fx provides several powerful trading platforms to accommodate different trading preferences, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and WebTrader.
- ROXPremium – ROX Premium provides access to major USstock and options exchanges (NYSE, NASDAQ, CBOE) for market data and orderrouting.
- They have mobile-optimized charts, multiple order types and facilitate one-click trading.
- Lime Fx explains its products and services well, and I doubt traders will require assistance.
- Our review shows Lime Fx scores less favorably when it comes to withdrawals.
There is real-time data to help with trading decisions, including an economic calendar, market news and information on initial public offerings (IPOs). Our testing shows that both MT4 and MT5 support forex trading and provide an excellent suite of technical indicators, charts and analysis tools. Importantly, we find both platforms easy to use with a sophisticated design and a customizable workspace. The laudable support system is multi-channelled across live chat, email, and phone communication. Customers can also access a wealth of information on the trading platform, including detailed FAQs and tools for answering questions and explaining diverse trading nuances.
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.
I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database. Traders can contact Lime Fx’s customer support team via live chat, email, or phone. The live chat feature is available directly on the broker’s website, allowing for quick communication. Email support is also available for less urgent matters, while phone support is ideal for more complex inquiries. The support team is available 24/5, ensuring that traders can get assistance whenever they need it. The broker provides trading opportunities in commodities such as gold, silver, oil, and agricultural products.
Market Analysis Tools
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.
Your pursuit of financial prosperity is augmented by our commitment to delivering excellence, transparency, and customization, ensuring that your voyage is as rewarding as the destination. Lime Fx does not levy internal deposit fees; accepted currencies are USD, EUR, RUB, COP, and MXN. Processing times are instant except for bank wires, which take two to three business days.
The CFD fees are added to the broker’s spreads, promoting a more affordable trading experience for users trading CFDs. Lime Fx provides support via phone, email, and live chat during standard hours (9-6 EST) with extended coverage for urgent issues. Comprehensive FAQ sections offer self-service problem-solving, and support is available in multiple languages for international traders. This diversity enables traders to navigate volatile markets by shifting focus between asset classes and implementing cross-market strategies that capitalize on correlations without changing brokers.
Expansive Trading Horizons with Lime Fx
It is one of the few local currency brokers, along with VTB24 Forex and Gerchik & Co, and Alpari, although the latter is a much larger company. Nor does the broker provide us with information about the processing of withdrawals or the withdrawal waiting times. Explore meticulously crafted investment solutions, infused with customizable levels of profitability and protection to align with your unique financial goals and risk tolerance. Navigate your way through transparent, flexible, and diverse investment avenues designed to deliver substantial returns while safeguarding your capital. Our partners are integral to our ecosystem, and we are devoted to providing them with the tools, support, and environment needed to thrive in the dynamic world of trading.
Lime Fx applies a minimum trade size for all its accounts of 0.01 lots (micro lot). Embark on your Forex trading journey with J2T Copy and discover a world of profitable opportunities, strategic insights, and reliable investment avenues. It’s your gateway to exploring the boundless potentials of the Forex market, making it a seamless and rewarding experience for all. Traders can withdraw money via the secure and user-friendly back office, which lists all available withdrawal methods. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-based MT5 Global account.
We appreciate that there are no deposit fees on the Standard and MT5 Global accounts, although third-party fees may apply to bank transfers. Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives. Lime Fx has won 6 prestigious awards, offering excellent services to over 155,000 users. Lime Fx doesn’t charge withdrawal fees, but external payment providers may have their fee structures. Lime Fx offers a suite of tradable instruments, catering to traders with different all kinds of preferences and methodologies.