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LimeFx Exchange Review 2023: A Cryptocurrency Exchange that Charges Low Fees

LimeFx is an online broker that gives you access to a full range of trading products, services, accounts and platforms. They are an international broker who I found to have very competitive trading conditions and fees. You can get direct access to a huge range of markets with low commissions, instant execution and maximum liquidity. I like how they take an individual approach to each client regardless of your investment size and have 24/7 support. There is an abundance of high-quality research that covers all financial markets and instruments which can help to inspire trade ideas. It is quick and easy to get started with an account from just $100.

In this LimeFx broker review, we vet its reliability and look at how trimmed trading costs have affected this deep discount broker’s effectiveness and competitiveness. Additionally, the inclusion of MT5 has seen the expansion of the range of assets offered on the company’s platform. Moreover, adding new exchanges helps expand trading capabilities for its clientele and attracts more traders looking to diversify their trading options.

The Standard account
offers forex, precious metals, and stocks/indices/energies as CFDs. The Forex
ECN account offers forex, precious metals, and indices/energies as CFDs. LimeFx offers research and education
through a partnership with Trading Central, which is fairly common for online
brokers these days. In addition, traders can also sign up for a number of email
subscriptions that deliver forex research and trading ideas from the expert
investment team at LimeFx. LimeFx fails in a few areas, not least of which is customer service.

  • It provides direct access to the market with your own programs.
  • As previously mentioned, exchanging securities and common assets can be finished via telephone.
  • LimeFx fails in a few areas, not least of which is customer service.
  • Transfers in from one account – say the IRA – to the account are free.
  • Unlike most brokers these days there aren’t a
    list of account tiers available at LimeFx.

If you’re an experienced active day-trader, you may find that LimeFx has better rates than your current broker. There are other things to consider; such as interest they pay on your uninvested funds, type of securities offered, initial investment required, etc. Traders must accomplish a profit target while avoiding particular drawdowns and daily loss amounts in the first two stages of the program.

On its website, claims to have integrated modern technologies into its wide range of brokerage services to bring about a low priced as well as “fresh and native” trading experience. This account is for professional traders, trading through one of the most powerful and modern platforms for Forex and MetaTrader 5 stock exchanges. Spreads on this account type start from 0 pips with a $2 per lot commission charged. LimeFx broker offers professional customer support around the clock. Our LimeFx broker review further indicates that you can also trade and invest in ETFs that are currently trading on the US exchanges.

Interactive Brokers Review

The commission increases to $4 if your balance falls below this level. The desktop trading platform makes use of images, pins, and phrases for better security of the user and its information. The second one gives protection to securities and the cash in the brokerage account up to $500000. It usually takes five business days, along with an ACH activation form. However, higher ratios are available for professionals, thereby proving its efficiency and its status as a trusted trading platform. With customizable charts and real-time data streaming, it is browser-based.

  • The directive contains measures for the organisation and functioning of investment firms, facilitating cross border trading, while creating strategic opportunities.
  • This drops to as low as $0.001 per share for accounts exchanging volumes of something like 5 million offers each month.
  • There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
  • This means that the level of oversight and supervision on this brokerage is likely to be greater than that of an offshore and unregulated firm.
  • Alike, trading futures or options through CQG will cost you $1.50 commission per side.

It also charges a monthly fee of $333, although this rather uncomfortable charge is reduced by any commissions paid during the month. LimeFx is an often overlooked brokerage firm that provides day traders and other frequent investors with competitive pricing and a large suite of trading tools. It’s worth checking out because it may rival or even beat your current broker. In this LimeFx review, we attempt to quantify the value it provides to various types of traders.

We don’t care what your motivation is to get training in the stock market. If it’s money and wealth for material things, money to travel and build memories, or paying for your child’s education, limefx forex brokers reviews it’s all good. We know that you’ll walk away from a stronger, more confident, and street-wise trader. The Bullish Bears trade alerts include both day trade and swing trade alert signals.

How To Make A Deposit On LimeFx

Transfers in from one account – say the IRA – to the account are free. For the Cons, there are some limitations in education, and sometimes will be required third-party software for certain research tools. Transfers in from one account – say the IRA – to the LimeFx account are free.

Reviews of the platform show that it is a great choice for those who want to explore different assets and invest in different spheres. It is a convenient platform that allows users to trade in multiple assets without having to switch between different platforms. The platform also offers a range of features such as low fees, fast execution, and a user-friendly interface. With LimeFx, users can easily access a wide range of assets and take advantage of the platform’s features to make informed decisions.

Other platforms for trading include Sterling Trader Pro, which has option tools and shows real-time market data as well. Being used for more than thirty-five decades in the financial industry, it has gained an excellent reputation and stands at a standard place in the trading platforms. People come here to learn, hang out, practice, trade stocks, and more.

LimeFx Other Trading Fees

LimeFx’s portable applications, LimeFx+ and LimeFx Pro, give a choice to require a PIN or finger impression confirmation to get to an exchanging account. All close-to-home data is secure and protected when it is shipped off the site. Client support can be reached by phone, fax, email, and live visit.

iBROKER Mobile has been helping British traders find the right broker for over 20 years. While it is disappointing to see the company isn’t regulated by the FCA, the CySEC is still a trusted financial agency and its license is a promising sign that LimeFx is legit. Lime Trading (CY) Ltd – the owner of LimeFx – is regulated by CySEC and subject to oversight from the European Securities and Markets Authority (ESMA). 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. Note that, for credit card withdrawals from the MT5 Global account, a commission is not charged when refunding to the same card. The rest of this review will go into greater
detail regarding the offerings, accounts, and conditions available from

What Are LimeFx’s Fees and Commissions? (Pricing Review)

LimeFx is an
established market leading European online discount broker offering its
services to clients in more than 130 countries since 2016. Traders who would rather use a desktop program should check out LimeFx Pro. The brokerage house promises “high speed with reliable operations.” Presumably, this one should deliver executions and data faster than its browser-based cousins.

In our LimeFx broker 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. Unlike most brokers these days there aren’t a
list of account tiers available at LimeFx. Instead, the trading accounts
are defined by the type of asset traded – forex, stocks and options,
futures, or CFDs. That said, there are a few account types offered that
distinguish between market access as well as fees or commissions.

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