New traders can also get started with a low minimum deposit of $100. Pricing on options is also divided between the two schedules. Derivatives on the per-trade plan cost 50¢ each plus the $2.50 base. Option trades cost 75¢ per contract, with a $1 minimum order.

Trading Fees

There’s a wide range of account types available, including the full set of MetaTrader platforms and traders get 24/7 online customer support. Incorporated in 2006, LimeFx is an online brokerage launched by Success Trade Securities. The broker offers a complete gamut of financial services that include FX, stocks, https://limefx.club/ bonds, futures and options. Besides providing direct market access (DMA), low commissions, the multi-regulated brokerage provides a modern high-speed infrastructure for instant trade execution. LimeFx is an online broker offering stocks, options, forex and bonds through professional platforms and apps.

TRADING STOCKS IN THE BULLISH BEARS COMMUNITY

I also think demo accounts can be a great way to practice a new trading strategy and see what a broker has to offer before making a commitment. However, like any financial undertaking, the choice of a broker should be rooted in meticulous research and informed judgment. While LimeFx’s offerings might resonate with many, aligning your unique trading objectives, strategies, and risk appetite with a broker’s features is pivotal.

  1. On the downside, crypto trading is only available to clients from Asia which is more restrictive than many alternatives.
  2. Claim your profile to access Trustpilot’s free business tools and connect with customers.
  3. Investors on LimeFx can put money into investment funds that are managed by other users.
  4. However, this idea is unlikely to work, because if the broker detects such ‘maneuver’, it can charge additional commission on transfers between accounts.
  5. The Standard and Forex ECN accounts primarilyoffer CFDs for forex, precious metals, and indices/energies.

NovoAdvisor / Lime Financial

Be that as it may, it is not the quantity, but the quality that counts. The list includes all major pairs, cross rates and some exotic instruments, such as USDILS. Access to the exchanges of Asia and Oceania is average – only 4, albeit rather large, exchanges. On the one hand, the broker does not disclose information about owners, top managers, profit and other data.

Geography of broker’s customers

The firm boasts a wide range of assets, including stocks, forex, futures and cryptocurrencies, all of which can be found on the MetaTrader 4 and MetaTrader 5 platforms. This 2024 review will explore LimeFx’s services in more detail, including the price per trade, deposit and withdrawal options, and UK customer service quality. The broker offers several account types, but the commissions on them are similar in general. On MT5 Global and Forex ECN account types, the broker charges $2 and $3 commission per standard lot of 100,000 units of base currency respectively. The traders also need to take into account the market spread, which is received from the liquidity suppliers. As a rule, the spreads on LimeFx are very low due to high liquidity received from large banks.

Competitive and Transparent

LimeFx requires a $3,000 account minimum for trading withthis platform. LimeFx offers a wide range of instruments for trading, including bonds, CFDs limefx forex broker on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks. Trading fees are low and there’s a variety of trading platforms to choose from.

Commissions on futures

The sign-up process for the demo account is much faster than the live account registration. Note that, for credit card withdrawals from the MT5 Global account, a commission is not charged when refunding to the same card. We were pleased to see that the company’s online website is owned by LimeTrading (CY) Ltd, which is regulated by the reputable Cyprus Securities and Exchange Commission (CySEC). 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.

The navigation panel (1) is on the left side of the interface. The customer can see information about his accounts on the screen. The information is divided by tabs (2), which correspond to the account type. The broker states that the accounts are opened within one day.

You can also make relay time analysis of the markets with this platform. Sterling Trader Pro is another platform that is available to LimeFx customers. Some broker-dealers charge for this, so free access is quite generous. The software offers direct-access routing, option tools, and real-time market data. After testing it out for a while, I thought this was the most sophisticated software in LimeFx’s portfolio.

This broker was established in 2007 and now operates in 130 countries with over 155,000 clients. Its registered address is in Limassol, Cyprus but with offices around the world in Europe and Asia, this is a global broker. LimeFx has also won multiple awards, including the worldfinance.com award for Best Customer Service 2022. As a financial services provider operating in the U.S, LimeFx comes under one of the most regulated sectors in the U.S economy.

These are stocks that we post daily in our Discord for our community members. Our chat rooms will provide you with an opportunity to learn how to trade stocks, options, and futures. You’ll see how other members are doing it, share charts, share ideas and gain knowledge. Brokers brag about their rates, like chat rooms claiming to help thousands of traders. Finding the correct broker and subscribing to the right education program took me a long time. Claim your profile to access Trustpilot’s free business tools and connect with customers.

The broker is ideal for traders seeking an uncomplicated, user-friendly platform for seamless trade execution. It’s not packed with complicated features, making it less daunting for beginners. Cost-conscious traders would appreciate its competitive spreads, reflecting the broker’s commitment to affordability. LimeFx’s resources seem to lean more towards basic market data and quantitative trading tools than towards detailed, qualitative research. LimeFx + is their free advanced web-based trading platform, available to all clients. It offers all the basic features one would expect from a web-based broker platform, and then some.