Other sectors need to be included or underrepresented besides the 25 commodity CFDs and futures. Lime Fx is a regulated online broker offering a wide range of products, services, accounts and trading platforms. They provide global traders with competitive trading conditions and fees. Based on our tests, Lime Fx is an excellent broker for active forex traders.
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. SterlingTrader® Pro – SterlingTrader® Pro is aprofessional-grade trading platform designed for active traders. It offershigh-speed execution, customizable interfaces, and a wide range of orderrouting options (including DMA, dark pools, market makers, etc.). This account features a minimum deposit amount of $100, nobrokerage commission, and negative balance protection.
What Is Lime Fx Online LTD Cyprus?
They have a section of their website dedicated to frequently updated news articles. During the registration, you will be required to provide additional information and provide proof of residency along with proof of your identity for verification. 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.
Lime Fx MT5 Global Account
For example, the Standard account offers a reduced list of metals and CFDs in addition to forex. Lime Fx offers traders a robust customer support infrastructure. The broker ensures customers get easily accessible real-time assistance during standard hours (9 – 6 EST) via a live representative.
Copy traders can diversify via the proprietary J2T Copy service, which requires a low minimum capital requirement of $100. The Robo-Advisor presents an alternative for long-term investors. Lime Fx limefx official site also features in-house managed investment portfolios, available from a $250 minimum investment and a minimum investment period between three to twelve months.
Review
- Bank transfers may take a few business days to clear whilst some methods can be instant.
- In other words, Lime Fx is for the pragmatic trader seeking simplicity and efficiency.
- All funds deposited into your trading account must be under the same name as your Lime Fx trading account.
It is commonly used by professional traders and allows you to avoid the use of intermediation software. It provides direct access to the market with your own programs. This provides a direct connection to institutional liquidity providers with lower latency and improved fill rates. 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.
How To Open A Demo Account
Brokerage commission equals 0.006 USD per share on US stocks and commissions start from 1.5 USD per trade. All personal information is secure and safeguarded when processed on the website. Lime Fx’s mobile applications also offer a PIN or fingerprint authentication.
CQG is available in various different high-end terminals both for investors and for speculative traders. This includes CQG Integrated Client, CQG Spreader, CQG QTrader, CQG Trader & CQG Desktop. On the other hand, traders are charged commissions starting from 3 USD per lot. The available platform is MetaTrader 4 (MT4) and similarly to the Standard limefx scammers accounts, traders have access to hedging, automated trading, and phone trading. The maximum number of available Forex pairs is 47 and traders need to deposit at least 200 USD to be able to open the account type.
On the downside, our research has revealed that swap-free accounts are not available. The broker is also a member of the Investor Compensation Fund, which protects clients with compensation of up to €20,000 in the case of an unresolved dispute with the brokerage. Judging by standard procedures, new customers may get their accounts activated within a day, depending on the availability and genuineness of their documents. Lime Fx doesn’t charge withdrawal fees, prioritizing smooth and straightforward financial transactions. Lime Fx positions itself as a viable choice for traders by maintaining competitive and transparent fee structures that align with varied trading needs and preferences.
Trading Fees
They offer the MetaTrader 4 (MT5), MetaTrader 5 (MT5), CQG & ROX platforms. I think all of the platforms are excellent for anyone looking to analyse the markets, place and manage positions. 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.
For those navigating the ebb and flow of market trends, the trend exploration tools become indispensable, offering a lens into the intricacies of market trajectories. Instrument-specific insights delve deeper, offering granular perspectives on particular trading instruments, amplifying clarity in decision-making. The CFD fees are added to the broker’s spreads, promoting a more affordable trading experience for users trading CFDs. With its regulatory oversight, Lime Fx offers an additional layer of security to its clientele.
Importantly, forex can be traded via contracts for difference (CFDs). This type of derivative allows traders to go long or short on currencies. CFDs can also be traded with leverage, which increases potential returns (and losses). We appreciate that there are no deposit fees on the Standard and MT5 Global accounts, although third-party fees may apply to bank transfers. In essence, Lime Fx has a deposit and withdrawal structure prioritizing efficiency with no hidden costs. Such policies solidify Lime Fx’s reputation in the financial trading space.