LimeFX 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. LimeFX ranks among the better brokers due to its choice of trading platforms and services, but trading fees are high despite low minimums. When it comes to funding methods for new trading accounts, the choices vary depending on which platform a new user wants to trade on. While users on the J2TX platform can only fund their accounts with Ethereum bought via Visa or MasterCard, forex and CFD traders with the broker have more options available. Among these are all the traditional payment methods such as bank transfer, major credit and debit cards, and e-wallet services like Skrill, Neteller, WebMoney, Qiwi, and many others.
Lime Trading (CY) Ltd provides clients with direct access to limefx courses scam major global stock and currency markets, catering to both individuals and legal entities. Our business, banking, legal, and accounting procedures adhere to the highest European standards, aimed at minimizing investment risk and maximizing reliability and trust. The results from our assessment show that LimeFX is a good forex broker. Dozens of currency pairs are available with below-average fees, high-quality order executions and access to two leading platforms – MT4 and MT5. Our testing shows that LimeFX offers lower fees than most forex brokers, especially in its premium accounts.
- Again, this fares well with many firms that charge a commission of $3.50+ on their ECN solutions.
- Our research shows that the MT5 Global account is best for experienced traders.
- LimeFX does not charge inactivity fees – a levy we see at many forex brokers we review.
- One of the best things about LimeFX in our opinion is the very big selection of trading instruments it offers.
Indices trading on LimeFX
The broker ensures customers get easily accessible real-time assistance during standard hours (9 – 6 EST) via a live representative. They also extend their reach to cater to queries during extended hours. With trading platforms compatible with Windows and Mac desktops, LimeFX ensures non-mobile traders have a comprehensive trading experience in the desktop environment.
Our experts tested and reviewed each trading platform in more detail below. We’ve created a trader-friendly environment with various deposit and withdrawal options, zero deposit commissions, intraday withdrawals, and round-the-clock customer support. LimeFX does not charge inactivity fees – a levy we see at many forex brokers we review.
LimeFX Review and Information 2024
Our only complaint is that while this broker offers negative balance protection on their Standard account, it is not available on the other trading accounts. This means clients can lose more than their account balance limefx forex brokers reviews if the markets move against them. Looking at the negatives, LimeFX 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 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.
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Our vast portfolio encompasses stocks, currencies, options, futures, CFDs, bonds, and cryptocurrencies, ensuring our clients have diverse investment opportunities. In a world full of trading possibilities, LimeFX is a solid choice for investors seeking a seamless blend of affordability and top-notch trading platforms. Built for both novice and seasoned traders, the broker offers an impressive suite of account types, ensuring a flexible and rewarding trading environment for its customers.
Each of these apps can be downloaded for free from the Apple App and Google Play Stores. In addition to these platforms, there is also ROX, which provides access to US stocks and options exchanges. At the core of our offerings, lies a suite of distinctive advantages meticulously designed to elevate your trading experience to unprecedented heights. Our commitment to excellence, precision, and adaptability is manifested through our diverse set of strengths that cater to every trader’s unique needs and aspirations. Embark on a journey with our tailored investment portfolios, where every feature is sculpted to cater to your distinct financial persona.
Comprehensive review
The brokerage offers Basic and Pro accounts, ensuring that both trading enthusiasts and seasoned investors find an accommodating trading environment. One of the best things about LimeFX in our opinion is the very big selection of trading instruments it offers. And unlike many other brokers, this includes not only CFDs and forex pairs, but also actual futures contracts, options, and stocks that can be traded directly from the relevant exchange. However, some account types, such as the Forex ECN account, have higher minimum deposits (£200 in this case).
The Forex ECN account offers ultra-tight spreads from 0.0 pips, although a low commission of up to $3 applies. Again, this fares well with many firms that charge a commission of $3.50+ on their ECN solutions. 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. I want to caution beginner traders when using demo trading as an educational tool, and they should consider the limitations.