Lime Fx Review 2025 Pros & Cons For Forex Traders

Lime Fx reviews

And while the choice of instruments is great with Lime Fx, the broker also offers access to an impressive number of trading platforms, with five platforms to choose from. As usual, this includes the well-known MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, but also lesser-known platforms like CQG, ROX, and the crypto-based proprietary platform J2TX. Lime Fx offers various account types to cater to the needs of different traders. Whether you are a beginner seeking an entry point into the trading realm or a professional looking for advanced market access, you will likely find an account structure that suits your goals. We score and compare forex brokers in more than 15 limefx official site categories. The most important of which include regulatory credentials, the accessibility of accounts, coverage of the forex market, the quality of trading tools, and the competitiveness of fee structures.

Platform

  • Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money.
  • I like how there are accounts for different trading styles and flexible payment options fund your account.
  • Overall, though, Lime Fx’s primary appeal is in their extremely low commissions and fees, and their unlimited trades.
  • Personally, I would expect my broker to willingly accept phone calls.
  • At this point in time, you should have developed a pretty good idea of what to expect out of the brokerage in question, and whether or not it will suit your own expectations.

The per-share commission drops to 0.15¢ per share for accounts that can trade more than a million shares per month. You can also access this new York-based broker’s customer support team by contacting them directly via their different social media handles, email or through the toll-free number on the website. New York residents can also walk into the broker’s offices at One Penn Plaza in New York.

Lime Fx reviews

Usability & Features

Other brokers who provide Trading Central include Libertex. Lime Fx 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.

Trading Fees

Lime Fx is an established Europeanonline discount broker offering its services to clients in more than 130countries since 2016. Lime Fx provide asset management on stock markets of North America and Europe, in collaboration with a leading Russian investment holding, FINAM. Using their trading strategies, the broker can manage client capital by investing in stocks of leading US and global companies that are traded on the major exchanges NYSE, NASDAQ, BATS, etc. The minimum amount required is $80,000 and there is an asset management fee from 20% charged based upon the NAV growth. There is absolutely zero guarantee on the performance when investing in asset management.

Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process. This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters. Our evaluation of Lime Fx shows there are limited trading promotions for retail traders. This is common in the online trading industry, and while it may be a disappointment to some investors, we do not rank Lime Fx down for this. Our team don’t recommend traders choose a broker based on sign-up bonuses. The platform offers clear market data and graphs, though we particularly rate the Excel output option and economic calendar, which are useful for planning trades.

In addition, professional traders can benefit from a bonus of up to £2,000 limefx forex broker when topping up funds in their accounts. MetaTrader and CQG have intuitive mobile apps that Lime Fx clients can access for free. These provide many of the same features you would find on the desktop and web versions but they allow traders to invest from wherever they are in the world. Each of these apps can be downloaded for free from the Apple App and Google Play Stores. We have a basic stock trading course, swing trading course, 2 day trading courses, 2 options courses, 2 candlesticks courses, and broker courses to help you get started. Yes, we work hard every day to teach day trading, swing trading, options futures, scalping, and all that fun trading stuff.

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  • J2T Copy is also available with a low minimum investment of $100, making it accessible to beginners.
  • 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.
  • The key benefits of this system are the tight spreads and fast execution speeds, which come in as low as 50 ms based on our evaluation.
  • We are much more than just a place to learn how to trade stocks.
  • Our experts also factor in their hands-on testing experience into broker ratings.
  • 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.

Varied Options for All Trading Styles

Also, the layout is customizable, with over a dozen widgets available to open or close anytime. For example, widgets include charting, orders, basket orders, option chains, market depth, news, stock info, and watch list windows. Overall, though, Lime Fx’s primary appeal is in their extremely low commissions and fees, and their unlimited trades. This approach is perfect for advanced investors who know what they’re doing and want to be rewarded for watching the markets, but beginner traders should beware the learning curve. Without a strong customer service base to help you, it’s easy to get lost. Secondly, the ROX platform is a trading platform aimed mostly at stock and options trading in the US, Canada, Mexico, and several European countries.

Join millions, easily discover and understand cryptocurrencies, price charts, top crypto exchanges & wallets in one place. One of the better, albeit less-known cryptocurrency exchange and asset brokerage alternatives. Admittedly, the registration process for Lime Fx is rather cumbersome.

Educational ResourcesLime Fx does provide some educational materials such as tutorials, platform guides, and market insights. These resources can be particularly helpful for beginners who need guidance on placing trades or understanding fundamental concepts like margin, spreads, and risk management. There may also be occasional webinars or video tutorials offered, although the depth of these programs can vary. If you are seeking a more comprehensive education, you may want to supplement with external resources or mentorship programs.

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 Lime Fx account and can only be withdrawn via ACH 10 days after the date of deposit or 60 days via check or bank transfer. There, however, are no ETF trade screeners on the platform.

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