LimeFx’s mobile applications also offer a PIN or fingerprint authentication. In addition, the company uses an external account verification system, alongside Plaid to authenticate a client’s bank and brokerage accounts. Importantly, the paper trading limefx broker reviews account lets you test the broker’s platforms and tools before committing real money. The brokerage also provides access to several third-party platforms, including Sterling Trader Pro, CQG, ROX, and the iBroker mobile app, with access to demo versions.

Great company

In our LimeFx.online review, we have covered how it works, alongside the pros and cons. The broker is most likely to appeal to independent day traders and active swing traders looking to keep costs down while accessing advanced technology and analysis tools. Algorithmic traders may also have an interest in LimeFx given the ease with which APIs and custom automated trading applications can be connected. IPO investing, robo-advisors, and individual investment portfolios are also available, as well as leveraged CFDs. With trading platforms compatible with Windows and Mac desktops, LimeFx ensures non-mobile traders have a comprehensive trading experience in the desktop environment.

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The platform’s commitment to user-centric solutions is evident in its diverse account types and focus on creating a practical demo trading experience. Furthermore, its reliable customer support and streamlined deposit and withdrawal methods reinforce its reputation. LimeFx is a competitive broker that is regulated by a reputable body and offers an impressive range of assets that includes cryptos, options, CFDs and equities.

LimeFx Review – Online Platforms, Commission, Leverage, Account Types & more

LimeFx is an established Europeanonline discount broker offering its services to clients in more than 130countries since 2016. LimeFx ensures its traders have a robust set of tools at their disposal. The broker also offers a range of trading platforms, like the renowned MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are famous for their comprehensive charting tools, user-friendly interfaces, and algorithmic and copy trading support. Additionally, LimeFx offers its proprietary platform, designed to cater to its customers’ specific needs.

Keep in mind that your bank may also charge fees for transactions. LimeFx 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.

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 LimeFx+, LimeFx pro, the commission-free LimeFx Lite, and LimeFx mobile apps. They differ in such ways as the depth of their market analysis, access to sophisticated indicators, and platform-based trading costs. LimeFx offers a wide range of trading instruments with sophisticated platform features catering to both trading newbies and market veterans.

Its thousands of instruments and leading tools also separate it from competitors. LimeFx offers ultra-fast trade executions, low fees and powerful platforms, making it a good pick for day traders. It provides a competitive environment for active day traders.

• LimeFx positions itself as a viable choice for traders by maintaining competitive and transparent fee structures that align with varied trading needs and preferences.
• FINAM Bank and China UnionPay are free, but only ECN accounts are able to use credit cards free of charge.
• Details regarding futures trading fees are subject to verification, and potential traders should consult LimeFx’s official platform for accurate, real-time information.
• The company is working in the correct direction for development.

Over 155,000 traders from more than 130 countries have registered an account with the firm. The global social network, WhoTrades, allows traders to construct a personalized feed and discuss ideas, companies/securities, news, and strategies of interest. The service is also accessible to all, not just LimeFx clients. The laudable support system is multi-channelled across live chat, email, and phone communication. Customers can also access a wealth of information on the trading platform, including detailed FAQs and tools for answering questions and explaining diverse trading nuances.

First, I needed an honest, realistic, and affordable education in the stock market. I needed to determine the type of trader I’d be before choosing the right broker. A margin account requires a minimum balance of $25,000 to qualify for the Per Share Plan. LimeFx provides a demo for each of the platforms to help you choose.

Keep an eye on the broker’s website to stay abreast of new deals. Note, https://limefx.group/ all clients must be 18 years of age or older to open an account.

These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved. Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money. Broker maintains up to 14 different types of user accounts on its platform. We also offer real-time stock alerts for those that want to follow our options trades. You have the option to trade stocks instead of going the options trading route if you wish.

So, you want to keep your account active and engaged to avoid withdrawal restrictions. LimeFx offers a suite of tradable instruments, catering to traders with different all kinds of preferences and methodologies. However, LimeFx lacks traditional filters and tools since it caters more to traders who do higher-volume trading. All these accounts have certain area restrictions and are accessible anywhere, excluding a few countries.

LimeFx’s web platform allows traders to access their accounts directly through a browser, ensuring easy access without software downloads. They have a regulated fee that doesn’t exploit the registered users. For better security, two-factor authentication is available. The desktop trading platform makes use of images, pins, and phrases for better security of the user and its information. From Monday to Thursday, 9-6 pm EST is the available time for customer support, and on Friday, the timing is 9 am to 5 pm EST. It usually takes five business days, along with an ACH activation form.

LimeFx is a regulated broker in the EU by the (CySEC) Cyprus Securities and Exchange Commission. Additionally, LimeFx is an accredited member of the Better Business Bureau with an A+ rating. Investing.co.uk has been helping British traders find the right broker for over 20 years. We were unable to find details of a no-deposit welcome bonus. European regulators have taken a tougher stance on these types of promotions in recent years.

People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Based on the user experience, the following rating and reviews are provided. The second one gives protection to securities and the cash in the brokerage account up to $500000. This also facilitates re-earning the money in case the broker turns bankrupt. It is a regulated broker-dealer and is a part of FINRA, SIPC, NFA, as it’s a member.

The KYC process, which takes a few minutes to complete, is required before you can use the exchange service. As part of our welcome promotion, J2TX does not charge any commission on your initial cryptocurrency purchase. Contact us directly for further inquiries about our products and services.