Lime Fx review

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There is currently an MT5 Global special promotion on Lime Fx that offers discounted commissions on futures from £0.50 per contract (compared to the standard $1.50 per contract). Lime Fx provides access to a free demo account that facilitates risk-free investing practice. The sign-up process for the demo account is much faster than the live account registration. We were pleased to see that the company’s online website is owned by LimeTrading (CY) Ltd, which is regulated by the reputable Cyprus Securities and Exchange Commission (CySEC).

Webull Platform Review

Our partners cannot influence our reviews, nor can they pay us to bias our rankings. 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. Other fees to be aware of are the swap fees that are charged on positions held overnight. Traders should also keep in limefx review mind that triple rate swap fees are charged on a Wednesday.

I also think demo accounts can be a great way to practice a new trading strategy and see what a broker has to offer before making a commitment. I am impressed how by how they incorporate a high-speed trading infrastructure with ultra-modern 100G network covering Europe, America, Asia and Russia. This allows them to maximise order execution speeds, from 0.05 seconds.

While Lime Fx’s offerings might resonate with many, aligning your unique trading objectives, strategies, and risk appetite with a broker’s features is pivotal. So, before diving into Lime Fx’s offerings, evaluate the platform based on your goals and preferences. Our experience shows that once verified, the funds will be returned to your account instantly in the case of e-wallets and within 5 days if you choose bank wire.

Lime Fx Broker Customer Support

If you’re planning on being an active trader, Lime Fx’s rates simply can’t be beat. Penny stocks also incur some similarly small fees, which you should consider if you’re contemplating going with Lime Fx. Stocks that cost less than a dollar have a tiny fee of $0.003 per share added for the whole order.

STOCK TRADING SERVICE

  • In addition to commission and spreads, swap rates may apply for positions held overnight.
  • Unlike some brokers,Lime Fx’s account types are defined by the type of asset traded – forex,stocks and options, futures, or CFDs.
  • The mobile apps and web platforms are useful for those who wish to trade whilst on the go from anywhere at any time.
  • Many leading forex brokers we evaluate do not charge at all, so this is a negative, especially for traders who make frequent withdrawals.
  • I like how they take an individual approach to each client regardless of your investment size and have 24/7 support.
  • This comprehensive approach allows us to recommend the best brokers for different experience levels, trading styles and budgets.

Over his trading career, Dave has tried numerous day trading products, brokers, services, and courses. He continues to test and review new day trading services to this day. Lime Fx + is their free advanced web-based trading platform, available to all clients.

  • We aren’t impressed with the additional trading features available.
  • Many of the available trading platforms like MT4 and MT5 have a web platform, which runs through a browser and does not require any downloads.
  • Support is available 24/7 which stands up well against competitors we have tested.
  • While some are more straightforward and beginner-friendly than others, you shouldn’t encounter any difficulties with either of the top-rated exchanges.
  • What this means is that the fee is fixed, and won’t be changing around due to some trading volume or any other circumstance.
  • For example, widgets include charting, orders, basket orders, option chains, market depth, news, stock info, and watch list windows.

Minimum Deposit Requirements

One of the primary factors contributing to Lime Fx’s ongoing success is its strategic partnerships and network expansions. The brokerage firm has leveraged various liquidity providers and technology partners to offer a broad range of markets—ranging from stocks, ETFs, and bonds limefx official site to futures, options, and forex. This means that the platform is not just for the equity-oriented trader but also suitable for those interested in multi-asset opportunities. Lime Fx is regulated in Cyprus, offering more than 30,000 instruments for trading.

Lime Fx review

Forex & CFD Standard

Based on our tests, Lime Fx is an excellent broker for active forex traders. Our evaluation has shown high-quality order executions with speeds of 50ms, alongside tight spreads from 0.0 pips. The brokerage also offers one of the largest investment offerings we have seen, with 35,000+ instruments, including dozens of currency pairs.

Lime Fx review

Additionally, theyprovide a greater selection of trading platforms than many other brokers. Lime Fx offers a wide range of instruments for trading, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks. Trading fees are low and there’s a variety of trading platforms to choose from. MetaTrader5 -MetaTrader 5 is a multi-asset trading platformsupporting stocks, futures, forex, and CFDs. It offers single-window trading,advanced charting tools, and a depth of market feature.

This is a good indication that the brand is a large, legitimate brokerage. There is also a campaign to become a professional trader which offers a bonus of up to $2000. On the downside, the minimum investment is fairly high at $500. Also, similar to the copy trading service, there is no guarantee you will make a profit.

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