Lime Fx Review A decent multi-asset broker with the widest range of assets

Lime Fx broker

They require a holding period of five days before the availability of trading control is provided. It provides market access instantly and allows operating and investing in assets, and control account status and withdrawal. This prevents the hassle of limefx forex broker trading on the computer all the time. The traders and clients of Lime Fx can use the mobile platform. Quotes and real-time charts are available with technical studies.

Transfers in from one account – say the IRA – to the account are free. Those with uninvested crypto can also deposit this to earn interest payments through staking and lending. Exchange and clearing fees may also apply to specific positions. In addition to commission and spreads, swap rates may apply for positions held overnight. These can be positive or negative, depending on the asset and whether it is a long or short position. On the downside, the company doesn’t hold a license with the UK’s Financial Conduct Authority (FCA).

Lime Fx broker

How To Make A Deposit On Lime Fx

It takes one entire business day for domestic wire transfers, given that the information provided is legit. The transferring of limefx official site the fund in the case of non-US countries may take one to two business days. One of them is -trade schedule with equity transactions costing $2.50.

Alternative Brokers

  • With this variety of currency pairs, including majors, minors and exotics, traders won’t be short of opportunities.
  • In addition, customer support agents are available 24/7 in case you have any questions.
  • Our tests show that only a select few brokers, such as Saxo Bank, can rival Lime Fx when it comes to the number of trading products.
  • Also, similar to the copy trading service, there is no guarantee you will make a profit.
  • ForexBrokersOnline.com earns money from affiliation deals with our partners.
  • Yes, we work hard every day to teach day trading, swing trading, options futures, scalping, and all that fun trading stuff.

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. While using Lime Fx, we noted that some withdrawal methods are only available if you deposited using this method and/or are using the same card. 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.

The trading apps are ideal for me to take the markets with me in my pocket and get price alert notifications. There are 64 available currency pairs for trading with this broker. However, on Forex and CFD Standard account types, there are only 48 FX pairs. Trading fees on commission-free accounts start from 0.5 pips, which is lower than what most competitors are offering. The broker provides access to trading major, minor, and exotic currency pairs. In a world full of trading possibilities, Lime Fx is a solid choice for investors seeking a seamless blend of affordability and top-notch trading platforms.

Also makes it possible for its clients to invest and trade more than 3,000 mutual funds listed on its platforms. Like stocks, these too can be traded on both their proprietary and third-party trading securities trading platforms. Our review is nonetheless alive to the fact that its platform doesn’t have an integrated mutual funds screener. Finally, for experienced traders, there’sthe MT5 Global account. This provides access to the MetaTrader 5 platform,spreads starting at 0 pips, and a commission of $2 or less. Lime Fx offers clients access to awide range of asset classes, including forex, precious metals, stocks, indices,energies, futures, options, and bonds.

Lime Fx vs Other Brokers

  • J2T Copy offers a holistic approach to Forex trading, amalgamating professional insights, user-friendly interfaces, and strategic alignments, tailored to suit both investors and managers.
  • Furthermore, stocks and options are priced according to two different plans.
  • While using Lime Fx, we noted that some withdrawal methods are only available if you deposited using this method and/or are using the same card.
  • Complete training in financial markets such as « Forex, » « Stock Market, » and « Cryptocurrencies » only becomes comprehensive with tested trading tools and strategies.
  • From Monday to Thursday, 9-6 pm EST is the available time for customer support, and on Friday, the timing is 9 am to 5 pm EST.
  • Lime Fx doesn’t charge withdrawal fees, prioritizing smooth and straightforward financial transactions.

There are more than 30,000 instruments available through various trading platforms and account types. Lime Fx is a competitive broker that is regulated by a reputable body and offers an impressive range of assets that includes cryptos, options, CFDs and equities. The broker’s fee structure definitely favours high-volume traders but there is a clear focus on professional-grade tools and functionalities that are still accessible to all clients.

User Trust Scores and Reviews of Lime Fx Broker

For example, the company offers Sterling Trader Pro, Etna Trading Platform, OEC Trader, and CQG Trader. The brokerage also offers FIX (Financial Information Exchange) and REST (Representational State Transfer) APIs. Therefore, any trader style should find a suitable platform among the choices. In essence, Lime Fx has a deposit and withdrawal structure prioritizing efficiency with no hidden costs.

What trading platforms does Lime Fx offer?

We aim to help you find the best broker according to your own needs. Match any two of these requirements to qualify as a professional client. During the registration, you will be required to provide additional information and provide proof of residency along with proof of your identity for verification. You can use utility bills or bank statements as proof of residency and a government-issued ID card, passport, or driving license as proof of identity. Choosing a safe and reliable broker is essential for successful trading.

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). The mobile apps and web platforms are useful for those who wish to trade whilst on the go from anywhere at any time. I like the web platform for accessing my account on different devices without needing to install any software. The desktop platform I use for complex chart analysis and auto trading.

This extendedavailability may be a benefit for traders who operate outside of standardbusiness hours. In fact, on the website, there is access for them where they can access their private area using a username and password. The IB is a partner that attracts clients for the broker in exchange for a commission for their operations. Obviously, the particular conditions have to be dealt with by the broker directly. Lime Fx requires a minimum initial deposit of USD 100USD on your standard account. UK investors can access a range of deposit methods to fund their Lime Fx accounts, including traditional payment solutions and cryptos.