Lime Fx: US Financial Services Company Review

Lime Fx uses electronic communications networks (ECNs). This means the broker effectively acts as a middleman to give traders access to the forex market. The huge range of 35,000+ instruments is a key benefit of opening an account.

Lime Fx Fees & Commissions

Our chat rooms will provide you with an opportunity to learn how to trade stocks, options, and futures. You’ll see how other members are doing it, share charts, share ideas and gain knowledge. In this Lime Fx review, we’ll cover their platform, what they do, and pricing. This broker is a US deep discount brokerage owned by WhoTrades, Inc., a Russian-owned company in 2015. Retirement accounts accepted are traditional, Roth, rollover, and SEP IRAs. As for entities, Lime Fx offers Corporate, Limited Liability, Partnership, and Sole Proprietorship accounts.

Per trade plan:

We also offer real-time stock alerts for those that want to follow our options trades. You have the option to trade stocks instead of going the options trading route if you wish. Moreover, Lime Fx + is user-friendly and a cut above many brokerage-provided platforms. However, active traders may require a more sophisticated platform.

Trading Fees

Yes, Lime Fx offers demo accounts limefx review and setting it up is very simple and easy. The broker immediately gives you access to an MT5 user id and password for the web, desktop and mobile app separately along with $100,000 in virtual funds. For traders adhering to Islamic finance principles, the broker offers an Islamic (swap-free) account, aligning with Sharia guidelines. The commitment to client security is evident in its provision of segregated accounts, ensuring that the broker separates client funds from its operational finances. Lime Fx has a unique approach to its account types. The brokerage offers Basic and Pro accounts, ensuring that both trading enthusiasts and seasoned investors find an accommodating trading environment.

Key to Markets Review

• CQGTrading Platform – CQG offers access to over 40 globalexchanges, providing market data and order routing for futures, options, andtheir combinations.
• Lime Fx would be a good choice for investors who place a lot of trades every month and want low commissions for these transactions.
• Wire transfer, OFX transfer, ACH transfer help in the funding of a Lime Fx account.
• However, while Lime Fx has taken the step of elevating its users’ trading experience, it still has much to do to stand shoulder-to-shoulder with the best brokerages.
• In other words, Lime Fx is for the pragmatic trader seeking simplicity and efficiency.
• Account holders get tight spreads with a very low commission rate, plus access to the powerful MetaTrader 5 platform.

Lime Fx provide asset management on stock markets of North America and Europe, in collaboration with a leading Russian investment holding, FINAM. 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. Read the risk disclaimers on the Lime Fx website and seek independant advice.

TRADING HELP

This is firmly toward the low end of the forex brokers we review. Lime Fx has solid trading platforms and competitive commission fees. They offer more platforms than other comparable brokers. If you’re an experienced active day trader, you may find that Lime Fx has better rates than your current broker. Other things to consider include the interest they pay on your uninvested funds, the type of securities offered, the initial investment required, etc. With low rates and a suite of platforms, Lime Fx aims to meet the needs of various traders.

• It has strong regulatory credentials, other positive user reviews, and has received a number of industry awards.
• Automated clearing houses deposits are free and so are withdrawals.
• Lime Fx uses electronic communications networks (ECNs).
• I think this is an excellent market analysis software that could easily cost thousands as a standalone product.
• This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters.

We rank the broker down when it comes to educational resources. There is a blog, an index of financial terms and a collection of research notes (both a subscription and a historical library). 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.

There, however, are no ETF trade screeners limefx company reviews on the platform. The discount broker further provides limited ETF-related educational and research reports. However, Lime Fx lacks traditional filters and tools since it caters more to traders who do higher-volume trading. Based on the user experience, the following rating and reviews are provided. 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. The second one gives protection to securities and the cash in the brokerage account up to $500000.