If you have experience trading with Lime Fx please share your personal review of the broker and what you think are strong and weak points. Compare Lime Fx with the top 3 similar brokers that accept traders from your location. You can select your base country when you sign up for a new account. Our website provides detailed reviews and ratings on trading brands.
Unique Features
The company is a FINRA registered broker-dealer and a member of the SIPC and NFA. The proprietary platform, Novoadvisor (now known as Lime Financial), gives investors access to the top-performing traders and strategies on the Lime Fx network. CQG gives direct access to over 40 global markets and products, including futures and options. With this live account, you cannot trade CFDs on shares, stocks, futures and bonds. This drops to as low as $0.0025 per share for accounts trading in volumes of at least 500k shares a month.
- The mobile apps and web platforms are useful for those who wish to trade whilst on the go from anywhere at any time.
- Only risk capital should be used for trading and only those with sufficient risk capital should consider trading.
- It’s important to treat day trading stocks, options, futures, and swing trading like you would with getting a professional degree, a new trade, or starting any new career.
- To evaluate brokers, we test the accounts, trading tools and services provided.
Forex Fees
Alternatively, you can head to forums and sites like Trustpilot for other user reviews. In addition, the platform has 11 preconfigured options trade structures available, including butterflies, calendar spreads, covered calls, iron condors, and straddles. Platform fees vary between $25 and $595, though CQG Desktop is free.
Lime Fx offers an array of trading accounts and platforms, plus low spreads and commission charges. The brand is also available in various countries around the world. Its thousands of instruments and leading tools also separate it from competitors. In our Lime Fx.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.
The commitment to client security is evident in its provision of segregated accounts, ensuring that the broker separates client funds from its operational finances. People come here to learn, hang out, practice, trade stocks, and more. Our trade rooms are a great place to get live group mentoring and training. Moreover, Lime Fx + is user-friendly and a cut above many brokerage-provided platforms. However, active traders may require a more sophisticated platform. This is a special account for beginners with a lower minimum deposit amount of $100, no brokerage commission and protection against negative balance.
Pivotal to Client Peace of Mind
Our watch lists and alert signals are great for your trading education and learning experience. Trading contains substantial risk and is not for every investor. An investor could potentially lose all or more of their initial limefx forex broker investment. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading.
It was great to see that support is available on weekends as this is not something that all brokers offer and helps them to stand out from the competition. Robo-advisor is a globally recognised service that aims to help traders using modern technologies. It is an automated investment adviser for creating and managing an investment portfolio with minimal human intervention. Investment portfolios are calculated individually for each client, based on the results of a questionnaire with 8 questions to determine your preferred risk preferences. The purpose of the ICF is to secure the claims of covered clients against ICF members through the payment of compensation if the necessary preconditions are fulfilled.
Investors cannot purchase shares of Lime Fx because the company is privately held. However, if you’re a limefx scam neophyte (a little green behind the ears), your first consideration may be the kind of support and training you’ll receive. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. This is due to regulatory restrictions and additional requirements.
Where Can I Read Lime Fx User Reviews?
If you are looking for a convenient way to trade the markets, I would certainly give them further consideration. 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. Lime Fx is an online broker offering stocks, options, forex and bonds through professional platforms and apps. Premium tools and innovative programs such as Try2BFunded make the offering fairly unique.
And for a pattern day-trading account, no surprise here, the minimum is $25,000. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. Lime Fx offer professional customer support 24/7 via online chat, telephone and email.
That being said, the platforms built-in tools should be more than enough for most traders. Each day our team does live streaming where we focus on real-time group mentoring, coaching, and stock training. We teach day trading stocks, options or futures, as well as swing trading. Lime Fx have a variety of 20+ convenient methods for depositing and withdrawing funds from your trading account. This includes bank wire, credit/debit card and online payment systems such as Neteller and Skrill. Please note that some methods may only be available to specific countries and not all are available for both deposit and withdrawal.
Finally two-factor authentication is enabled while the desktop platform requires user credentials (username, password) as well as a security phrase/image and pin. Importantly, profits are split 60% to the trader and 40% to Lime Fx. Keep an eye on the broker’s website to stay abreast of new deals.
Forex trading fees work using spreads to eliminate additional commissions or fees. They also ensure traders get a straightforward trading environment. The broker’s trading fees are competitive, making it appealing to both novice and experienced traders. For traders adhering to Islamic finance principles, the broker offers an Islamic (swap-free) account, aligning with Sharia guidelines.
I was pleased to see that the broker gives you professional analytical assistance with high-quality research that covers most financial markets and instruments worldwide. This can be an excellent way to improve your knowledge of the markets and your trading strategy. ROX is a sophisticated electronic order management system with instant routing to exchanges, ECNs, market makers and MTFs world-wide. ROX empowers traders by providing lightning fast access to many sources of liquidity. ROX users can benefit from competition among a large number of market centres, each of which have their very own special advantages and opportunities. ROX simple yet powerful point-and-click screens enable trading in many marketplaces at the same time.