However, limefx scam most withdrawals are charged 0.20% – 2.5% of the withdrawal amount. The Forex demo account at Lime Fx isdesigned for traders who are new to forex markets. It allows for practicetrading without risking real funds, offering a way to become familiar withtheir trading conditions. Lime Fx is a reasonable forex broker for beginners, but not the best we have tested.
Many leading forex brokers we evaluate do not charge at all, so this is a negative, especially for traders who make frequent withdrawals. Our testing shows that Lime Fx offers lower fees than most forex brokers, especially in its premium accounts. 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.
Lime Fx uses 8 technology products and services including Google Ads, Facebook Pixel, Windows Server, and more. Overall, Lime Fx is an appealingchoice for traders looking for a reputable broker with a diverse asset rangeand several platform options. I mostly use MT5 and occasionally plug into external terminals when I need something more technical. Execution’s been solid on most of my orders, even during busy sessions. It would be great to see built-in analytics one day would make the whole setup even more complete.
In this section we’ll show you how to open a live trading account with Lime Fx. The registration process and account activation are fully digital, and the broker’s web page is very initiative and user-friendly. In addition, customer support agents are available 24/7 in case you have any questions. SterlingTrader® Pro – SterlingTrader® Pro is aprofessional-grade trading platform designed for active traders. It offershigh-speed execution, customizable interfaces, and a wide range of orderrouting options (including DMA, dark pools, market makers, etc.).
Thecompany provides a variety of tradable assets, including forex, stocks,futures, options, and bonds. The broker is headquartered in Cyprus and isregulated by the Cyprus Securities andExchange Commission (CySEC). The Central Bank of the Russian Federation (Bank of Russia) was founded on July 13, 1990, on the basis of the Russian Republic Bank of the State Bank of the USSR. limefx scam The range of trading instruments is fantastic—stocks, ETFs, and CFDs all in one place. My portfolio has grown by 18% in the past six months, thanks to the low spreads and helpful market analysis they provide. I also appreciate their fast execution speeds, which are critical when trading high-volatility assets.
This is noticeably tighter than the variable spread accounts at the majority of brokerages. Looking at the negatives, Lime Fx scores poorly when it comes to education, reducing its suitability for beginners. We are also disappointed by the deposit and withdrawal fees, which can be avoided at other forex brokers we use. The service offers more than a hundred ready-made scenarios for automating client communications, managing accounts, transactions and parameters of trading instruments.
ForexBrokersOnline.com earns money from affiliation deals with our partners. Our partners cannot influence our reviews, nor can they pay us to bias our rankings. Yet while we enjoy using these features, our team finds that the depth and quality of market research don’t rival alternatives like IG Group. The group of companies has a network of offices in Western Europe, as well as in the USA, China, India, Russia, serving about 200,000 clients from 130 countries.
- Lime Fx is committed to safeguarding your personal data and investments during trading.
- I was looking for a broker that supports Sterling PRO, and J2trade delivered.
- Yes, Lime Fx offers demo accounts for traders who want to test platforms and strategies using virtual funds in a risk-free environment.
- However, those craving advanced features might yearn for more than what the broker offers.
Step 2: Time to verify your account
People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. This level of regulation and membership in theInvestor Compensation Fund provides a strong legal framework for traderprotection. Users must provide their name, email, phone number, date of birth, nationality, and financial profile details. After that, fill in the economic profile, including employment status, source of income, and financial background.
Feedback and rankings from authoritative sites like “Trustpilot” on the TradingFinder website assist all traders. Participating in financial markets involves high risk, which can result in the loss of part or all of your investment. There are no guarantees or specific guidelines to prevent losses. The laudable support system is multi-channelled across live chat, email, and phone communication.
It employs top-tier security protocols aligned with modern security standards. Additionally, Lime Fx strengthens its security by vetting brokers, complying with data protection laws, and continuously safeguarding sensitive information. It’s worth noting that the MT5 accountprovides full access to all assets. The Standard and currency ECN accountsprimarily provide CFDs for currency, precious metals, andstocks/indices/energies.
Brokerage commission equals 0.006 USD per share on US stocks and commissions start from 1.5 USD per trade. Lime Fx offers both investment and market speculation opportunities to its clients. Lime Fx supports various deposit andwithdrawal methods, including wire transfers, credit cards, PayPal, Skrill, andNeteller. Funding is immediate for most methods, with the exception of wiretransfers.
- I don’t rely on their terminal for analysis, just route orders.
- Lime Fx grants access to Forex, stocks, indices, commodities, bonds, futures, options, and CFDs.
- Looking at the negatives, Lime Fx scores poorly when it comes to education, reducing its suitability for beginners.
- Commissions are lower than the market, if there are turnovers on the account, otherwise there is $ 5 / month.
Leverage
A fast and technological broker for trading on foreign markets. It is part of the American group, which bought a foreign broker and received a Cypus license. Commissions are lower than the market, if there are turnovers on the account, otherwise there is $ 5 / month. Lime Fx is the most technologically advanced European broker for international investors and traders. Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives. By offering a wide selection of instruments, traders can diversify their holdings and capitalize on potential gains across various sectors and asset categories.
The $100 minimum deposit is accessible, there is a free demo account and a copy trading app, however there is little in terms of education or beginner-friendly trading tools. The “TradingFinder” platform offers various services, some of which, like introductions, are free, while others, such as our specialized services, are provided for a fee or through a subscription. Yes, Lime Fx offers demo accounts for traders who want to test platforms and strategies using virtual funds in a risk-free environment.
It’s crucial to recognize that online reviews reflect personal opinions and may not capture the full spectrum of client experiences. Traders should view these reviews as one aspect of their comprehensive assessment of Lime Fx. Lime Fx has won 6 prestigious awards, offering excellent services to over 155,000 users. In essence, Lime Fx has a deposit and withdrawal structure prioritizing efficiency with no hidden costs. Such policies solidify Lime Fx’s reputation in the financial trading space.
License and contacts
The brokerage offers Basic and Pro accounts, ensuring that both trading enthusiasts and seasoned investors find an accommodating trading environment. Forex trading is one of its focuses, with a plethora of currency pairs across major, minor, and exotic trading pairs. The extensive forex trading options make Lime Fx a perfect broker for an elevated trading experience. For those inclined toward commodities, Lime Fx provides a diverse asset range, including agricultural and non-agricultural securities. Lime Fx is a well-establishedinternational broker that serves clients in more than 130 countries.
His proficiency in Microsoft Excel and Word further enhances his capability to analyze data and present compelling proposals. As a skilled multi-tasker, he adeptly balances multiple projects while maintaining a focus on achieving high performance and exceeding targets. Lime Fx is one of the few brokers that can offer access to trading a wide range of asset classes, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks. The broker also provides a range of trading platforms including MetaTrader 4, MetaTrader 5, CQG, J2TX, and Sterling Trader Pro. 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.