LimeFx provides an economic calendar, trading central, stock exchange forecasts, market analytics, trading signals, and other research materials. However, the broker does not provide comprehensive educational and learning materials, seminars, or webinars, which are crucial for beginner traders. Lastly, Sterling Trader Pro designed for Professional individual traders and Proprietary trading groups offers all the US equity and options exchanges, and more than 50 execution routes and venues.
- Education and research at LimeFx are primarily offered
through a partnership with Trading Central. - Only risk capital should be used for trading and only those with sufficient risk capital should consider trading.
- Its trader development program, Try2BFunded, is unusual among brokers.
- For example, MT5 is protected using data encryption, server authentication and more.
Generally, the customer reviews we came across were positive in nature. Overall, the clientage looked satisfied and happy with the services of this broker. MetaTrader 4 is one of the first platforms to
be used widely, and since its launch in 2005 it’s been used by millions of
traders to analyse the markets and build trading strategies. Still, a favourite
of forex traders, the power of MetaTrader 4 cannot be denied. 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.
LimeFx clients now have access to US stock options.
I think this is an excellent market analysis software that could easily cost thousands as a standalone product. The fact you can get free access to it via the broker is great. 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.
In fact, your bonus can be even higher, if your friend funds the account for a large amount. Voice support in Chinese, Polish, Spanish operates regularly, during working hours on weekdays, taking into account the region’s time zone. A small number of educational materials can be found in the Blog section on the broker’s website. However, these ‘tidbits’ for the beginners can unlikely be viewed as educational services.
We would highly recommend starting out with
a demo account to become
familiar with the trading conditions at the broker. 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 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. There are 64 available currency pairs for trading with this broker. However, on Forex and CFD Standard account types, there are only 48 FX pairs.
- Embedded within the spread, the CFD fees promote economical trading experiences for users engaged in CFD trading activities.
- Thus, before diving into LimeFx’s offerings, immerse yourself in a comprehensive evaluation process tailored to your aspirations and constraints.
- Account service fee is $5 per month, but it is only charged if the customer hasn’t had any trades within the specific month.
- MT5 Global account is the successor of the one earlier called Single Trading Account.
Now don’t get me wrong, it doesn’t mean you’re guaranteed to lose money. I’m just saying that you need to be aware of what you’re getting yourself into. All I really wanted, was to actually enjoy life – more vacations, less stress, buy myself nice things without worrying about the cost… but that was something my 9-5 couldn’t provide me. Taken all together, LimeFx has an
excellent offering, and the history and oversight to make it a trusted and
worthwhile broker. The following review will go into
greater detail regarding what to expect when trading with LimeFx. Just choose the course level that you’re most interested in and get started on the right path now.
Trading instruments
The working space is a mosaic of customizable windows, which the user can arrange according to his preferences. On LimeFx, you can open an account in one of three currencies – EUR, USD, RUB. If you perform transactions in other currencies, they will be automatically converted into the account currency. Before starting the procedure of account opening, you need to provide basic information (phone number, email, and full name). It is green and can be found at the top of LimeFx.online website. Also, there is a good chance to get confused about the account, as one and the same account could have different names in different places.
LimeFx Review: CONS
Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. When you’re a Digital Landlord, you literally own all of the assets, which means you have ultimate control. You can do it from anywhere in the world, so it’s a genuine “laptop-lifestyle” business. You can 100% make money with it, but it’s not NEARLY as simple as LimeFx wants you to think it is. However, LimeFx is developing a trading diagnostic tool (a type of trading coach or AI assistant).
Summary of commissions and fees on LimeFx
The benefit of CQG platform is that you can ‘link’ platforms of third-party developers to it to improve analysis and trading efficiency. There are more methods of withdrawal on LimeFx in addition to a bank transfer limefx forex broker and in terms of this the broker compares favorably with Degiro. Personal account on LimeFx might not be considered to have the purest design or be as user friendly as possible, but its structure is quite intuitive.
These can only be traded on the broker’s proprietary trading platforms where LimeFx Pro charges $2.50 per trade but are commission-free on the LimeFx lite platform. LimeFx is a globally renowned online securities trader that best describes itself as a deep discount brokerage house. The brokerage was launched in 2006 in Washington DC by Success Trade Securities. Currently employs over 1200 employees and maintains offices in over eight countries including the United States, China, and the United Kingdom. In this broker review, we vet its reliability and look at how trimmed trading costs have affected this deep discount broker’s effectiveness and competitiveness. LimeFx offers 5 trading platforms including market-leading MetaTrader 4 and MetaTrader 5, CQG, Sterling Trader Pro, and ROX trading platform.
What this means is that the fee is fixed, and won’t be changing around due to some trading volume or any other circumstance. It goes against our guidelines to offer incentives for reviews. We use dedicated people and clever technology to safeguard our platform.
The company is also a member of the Investor Compensation Fund (ICF), which provides compensation to eligible clients if the firm is unable to meet its obligations. Deposit times are instant apart from bank transfers, which typically take 2-3 business days. Partnership https://limefx.group/ program is another way to receive additional bonus from working with LimeFx. If your friend opens an account with the broker upon your referral, the broker will give you a $6 bonus. And if your friend funds the account, you will get an additional bonus of $29.
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