LimeFx Review Should LimeFx Be Your Forex Broker?

The SterlingTrader Pro platform is
truly the platform for professional traders. Used by proprietary trading firms
and active traders all over the world, Sterling Trader® Pro gives traders the
performance and functionality they need to compete in today’s markets. This is
the most widely used professional trading platform in the industry, with more
than 50 execution routes and venues including DMA, Dark liquidity providers,
Market Makers, Floor brokers, and Smart routes. In this account, the users have the benefit of trading with the latest technology trading platform MT5. Moreover, through this account traders have the option of investing in different underlying assets including, futures, options, stocks, and even cryptocurrencies.

LimeFx offers over 30,000 stock assets and
more than 90,000 option assets. The commission of Alpari is higher at $ 16 than LimeFx which is only $ 3. This makes LimeFx a better option for many traders compared to Alpari. All in all, we can say that the customer reviews reveal that LimeFx is a moderate trading platform for any active trader. There are many benefits of investing with LimeFx however, the trader also needs to be patient when it comes to funds withdrawal. Hence, this LimeFx review gives direct access to the readers to each and every benefit and flaw of this trading platform.

  • No fee is leviable in building such an association, neither any action linked to ACH deposit, withdrawal, activation requires any fund.
  • Withdrawal requests are processed within 1-5 days depending on issuing bank.
  • Most of the queries on the page touch on the different services offered by the broker, especially the ones that touch on fees, margin trading, and trader platforms.
  • We estimated the broker’s reliability as high, but not as high as possible.

Along with this, major e-wallets and online transaction applications such as Skrill Neteller, and CashU are also available on the LimeFx trading platform. Moreover, traders also have the option to connect to their own API while trading stocks with this broker. LimeFx presents a broad market area comprising of a plethora of trading instruments, which includes stocks, ETFs, futures options, futures, bonds, and mutual funds as well. Also, inside the personal account, customers can transfer funds from one trading account to another. Therefore, customers can choose the best suitable way to fund the account, and then transfer the money to another account type. However, this idea is unlikely to work, because if the broker detects such ‘maneuver’, it can charge additional commission on transfers between accounts.

Stock market and ETF

Spreads on this account type start from 0 pips with a $3 per lot commission charged. I like this account because it has the lowest spread on MT4 which is important for my automated scalping systems. Developed by software company MetaQuotes, MetaTrader is one of the most popular trading platforms, used by millions of traders worldwide. 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).

This can be a great way to see if they will meet your specific needs. I think they can be a good choice for anyone who is looking for convenient trading in a regulated environment. Another account type offered by this broker is the Forex ECN account. Through this account type, professional traders and investors can trade options and futures assets at a minimal less than a $ 3 commission rate.

  • CQG is another software that provides direct access to over 40 world exchanges and combines futures and options trading.
  • However, LimeFx lacks traditional filters and tools since it caters more to traders who do higher-volume trading.
  • As such we may earn a commision when you make a purchase after following a link from our website.
  • However, a positive point regarding the withdrawal functions of LimeFx is that there are no additional withdrawal charges which many other brokers apply.
  • FX and МТ5 Investments are essentially a copy trading service, or investment in the so-called PAMM accounts.
  • Along with the security of investment and funds, the second advantage of LimeFx is that it provides trading options in many asset classes.

The broker is based in Cyprus and is regulated by the Cyprus
Securities and Exchange Commission. In addition to having some of
the lowest fees and spreads in the business, LimeFx also has an immense
range of assets available to trade. LimeFx is a brokerage platform that is providing its services since the year 2007. With offerings of a wide range of trading instruments, LimeFx has made its name as a reputable broker in the financial market. There are multiple withdrawal options available on the LimeFx platform. From standard options of credit and debit cards to traditional bank transfers all these withdrawal methods are provided by this broker.

Why Lime Trading (CY) Ltd Stands Out:

CQG Trading Platform – CQG provides
direct access to more than 40 exchanges all over the world and a wide range of
instruments traded on these exchanges — futures, options, and their
combinations. While the desktop
CQG platform is free, there are charges for upgraded CQG access. There is also
a $3,000 account minimum for trading with this platform.

However, I personally prefer the MetaTrader platforms as I feel that they are the most user-friendly. I also like the automated trading features of these platforms and fact you can find a plethora of free and paid add-ons to enhance the platforms capabilities even more. That being said, the platforms built-in tools should be more than enough for most traders. LimeFx stands as a beacon in the institutional trading https://limefx.biz/ sector, offering brokers a golden opportunity to expand their product offerings and fortify their market presence. Our platform is meticulously designed to facilitate access to prominent global stock and futures exchanges, allowing for an enriched and diverse trading experience. There are many benefits of trading with LimeFx brokerage company, however, one flaw is in the withdrawal procedure of this company.

Geography of markets

MetaTrader 4 is
offered with the Standard, Forex ECN, and Forex ECN Pro accounts and can be
used as a desktop, mobile, or web app. Yes, LimeFx is a reliable and trusted broker that is serving over a million customers worldwide. Moreover, this broker is also bound to follow the legal framework of the European Securities and Markets Authority (ESMA) and is also a member of the Investor Compensation Funds. This enables the broker to provide the best possible services to traders and investors worldwide. Comparatively, Alpari is the most experienced brokerage company in the financial markets that was established in the year 1998.

Generally, the customer reviews we came across were positive in nature. Overall, the clientage looked satisfied and happy with the services of this broker. Hence, according to AFM evaluation criteria, any trader be it a novice or a seasoned investor can invest with LimeFx brokerage services for a profitable trading experience.

Maximizing Profit and Minimizing Risk: Tips for Running a Forex Trading Business

Overall, I feel that LimeFx are a really good broker with a vast range of trading products and services that can meet the demands of all traders. They have plenty of experience and are regulated which gives me the peace of mind that I can trust them for my daily trading activity. You get to trade on easy to use platforms with all of the tools you need for conducting complex market analysis. I like how there are accounts for different trading styles and flexible payment options fund your account.

These are really top trading conditions that put them up there with industry leaders such as Pepperstone. I like how there is no dealing desk intervention as this can prevent there being a conflict of interest as there can be when using a market maker broker. Lime Trading (CY) Ltd provides clients with direct access to 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. In addition to the real-money accounts,
you can also take advantage of a Forex demo account at LimeFx.

The withdrawal time can vary depending on the payment provider and method. Bank transfers may take a few business days to clear whilst some methods can be instant. The purpose of the ICF is to secure the claims of covered clients against ICF members through the payment of compensation if the necessary preconditions are fulfilled. The broker puts great emphasis on Anti-Money Laundering (AML), Counter Terrorist Financing (CTF) and Know-Your-Customer (KYC) measures. Our individual investment portfolios are not just financial instruments; they are bridges to your aspirations. They are balanced concoctions of security and growth, allowing you to traverse the financial landscapes with confidence and foresight.

In case of positive swap, a certain number of points is accrued to the account, and in case it is negative – the points are written off the account. The discount broker further provides limited ETF-related educational and research reports. Also, traders always need to consider swap or rollover fees which may be charged for positions held open for longer than a day. limefx reviews Leverage trading enables traders to trade bigger sizes compared to their initial balance, offering to maximize their gains. However, traders should carefully learn how to use this tool, since leverage may work in reverse as well. The rest of this review will go into greater
detail regarding the offerings, accounts, and conditions available from
LimeFx.

We contacted customer support for explanation and learned that the information on the page is slightly outdated. With an MT5 Global account (this is the main type of account, which we will review in detail below), LimeFx customers can trade shares at 15 exchanges of different countries. The broker’s commission depends on the volume of trading – the higher the number of the contracts, the lower the commission. LimeFx provides an economic calendar, trading central, stock exchange forecasts, market analytics, trading signals, and other research materials.

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