Lime Fx: US Financial Services Company Review

They offer a few account types withdiffering market access, fees, and commissions. The broker also provides a range of trading platforms including MetaTrader 4, MetaTrader 5, CQG, J2TX, and Sterling Trader Pro. Lime Fx offers a wide range of tradable instruments, including bonds, CFDs on stocks, limefx forex brokers reviews cryptocurrencies, Forex, futures, metals, options, and stocks. There are more than 30,000 instruments available through various trading platforms and account types. In our review, we learn that the broker hosts four proprietary trading platforms and four third party trading platforms. The in-house platforms include the Lime Fx+, Lime Fx pro, the commission-free Lime Fx Lite, and Lime Fx mobile apps.

Hidden Fees

They offer direct access to the markets with competitive commissions, reliable execution and maximum liquidity from their liquidity providers (LPs). Liquidity is aggregated from major banks which allows them to provide low spreads starting from just 0.0 pips. These are really top trading conditions that put them up there with industry leaders such as Pepperstone.

I really like the j2t copy service

This extendedavailability may be a benefit for traders who operate outside of standardbusiness hours. MetaTrader 4 is offered with Lime Fx’s Standard, Forex ECN, andForex ECN Pro accounts and can be used as a desktop, mobile, or web app. We provide broker reviews and ratings to help users find a suitable broker according to their own needs.

Account types

These can only be traded on the broker’s proprietary trading platforms where Lime Fx Pro charges $2.50 per trade but are commission-free on the Lime Fx lite platform. Sterling Trader Pro is another platform that is available to Lime Fx customers. Some broker-dealers charge for this, so free access is quite generous. The software offers direct-access routing, option tools, and real-time market data. After testing it out for a while, I thought this was the most sophisticated software in Lime Fx’s portfolio.

• The discount broker further provides limited ETF-related educational and research reports.
• Therefore, any trader style should find a suitable platform among the choices.
• They offer the MetaTrader 4 (MT5), MetaTrader 5 (MT5), CQG & ROX platforms.
• It is capable of integrating with Twitter and saving a watchlist.
• The minimum amount required is $80,000 and there is an asset management fee from 20% charged based upon the NAV growth.
• These platforms are famous for their comprehensive charting tools, user-friendly interfaces, and algorithmic and copy trading support.
• The sign-up process for the demo account is much faster than the live account registration.

Trading Fees

• 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.
• The directive contains measures for the organisation and functioning of investment firms, facilitating cross border trading, while creating strategic opportunities.
• For stock and options trading, Lime Fx just charges $2.50 per trade (with a $0.50 additional fee per contract for options).
• As more brokers cater to both experienced traders and beginners, it can be challenging to determine which platform best meets one’s needs.
• There are usually no deposit fees but banks may charge a third-party fee for wire transfers.

Overall, I feel that Lime Fx 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. I found them to have very competitive trading conditions and fees. 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.

This is browser-based, but nevertheless incorporates some powerful features. There is also a trade ticket, limefx forex broker which offers market and limit orders on close. The duration of an order can be set to day, GTC, or extended hours. The Investing Brokers team have over 15 years of experience in the online brokerage industry and are committed to providing reliable information for all of the brokers that we review. Rates, terms, products and services on third-party websites are subject to change without notice.

Bank wire transfers:

All decisions are the sole responsibility of the individual. Past results are no guarantee of future success, so make your financial and investment decisions with utmost care. However, this broker’s low Trustpilot rating (2.5/5) and limited worldwide availability (only 33 countries) make it not the best option for everyone. Those with uninvested crypto can also deposit this to earn interest payments through staking and lending. We were unable to find details of a no-deposit welcome bonus.