In addition, the platform has 11 preconfigured options trade structures available, including butterflies, calendar spreads, covered calls, iron condors, and straddles. Sterling Trader Pro is a direct-access platform for equities and options. The options chain also highlights in-the-money options for faster decision-making.
Sophisticated Solutions for Professional Traders
They provide global traders with competitive trading conditions and fees. LimeFx is a leading international brokerage company, empowering traders worldwide with direct access to major global financial markets. Our commitment to excellence is reinforced https://limefx.group/ by rigorous regulation from esteemed authorities, including the NFA, CySEC, FINRA, and the Bank of Russia. Established in 1994, LimeFx has evolved into a premier brokerage firm offering a staggering array of 128,000 tradable instruments.
Forex & CFD Standard
- It’s not packed with complicated features, making it less daunting for beginners.
- In this review of LimeFx, we’ll discuss the broker’s safety policies and regulations, trading platforms, account types, trading fees, and more.
- The company now has more than 155,000 clients in over 130 countries.
- There are restrictions for some methods of withdrawal (for example, debit/credit cards).
- Clients must allocate a minimum of £100 to take advantage of this feature.
Finally, for experienced traders, there’sthe MT5 Global account. This provides access to the MetaTrader 5 platform,spreads starting at 0 pips, and a commission of $2 or less. With the MT5 Global account, you have access to 50 forex instruments, the Standard account offers 47 pairs and the ECN 45 pairs. With this variety of currency pairs, including majors, minors and exotics, traders won’t be short of opportunities. 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.
Non-trading commissions
LimeFx provides access to an excellent choice of futures in the US, EU and Russia’s markets. We estimated the broker’s commissions as average in the market. The broker offers the most beneficial conditions in the US market. LimeFx 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.
Is LimeFx A Good Broker?
They have plenty of experience and are regulated which gives me the peace of mind that I can trust them for my daily trading activity. I found them to have very competitive trading conditions and fees. You get to trade on easy to use platforms with all of the tools you need for conducting complex market analysis.
MT4 is our pick for beginners while MT5 is good for experienced traders thanks to its faster processing and greater breadth of indicators, order types and trading tools. Our testing shows that both MT4 and MT5 support forex trading and provide an excellent suite of technical indicators, charts and analysis tools. Importantly, we find both platforms easy to use with a sophisticated design and a customizable workspace. Our testing of LimeFx also shows a good range of supported base currencies, including EUR and USD, making this broker accessible to global traders – removing potential conversion fees. I like the variety of payment methods supported by LimeFx, making the broker easy to use.
LimeFx follows theEuropean Securities and Markets Authority’s (ESMA) regulatory framework andparticipates in the Investor Compensation Fund. These regulatory associationsprovide monitoring and potential protection for traders’ funds. We have a phone, an email and, a very interesting, online chat and a service that with a single button you access a live call via the web. We found this last service interesting and novel since almost no broker has it. The broker does not provide information about withdrawal methods. We understand that they are the same methods as for making deposits and that the costs will be the usual ones.
We are also disappointed by the deposit and withdrawal fees, which can be avoided at other forex brokers we use. As the financial realm continues to evolve, so does the need for superior trading tools. LimeFx’s platform unfurls a tapestry of innovative features tailored to empower traders. By leveraging push notifications, traders are kept abreast of real-time market shifts and alterations in their portfolios, ensuring they remain at the forefront of every pivotal movement.
LimeFx offers a forex demo accountthat allows new traders to experiment and become familiar with the currencymarket in a risk-free environment. Using a demo account might assist usersunderstand the broker’s trading circumstances before committing real funds. On the other hand, traders are charged commissions starting from 3 USD per lot.
They offer a few account types withdiffering market access, fees, and commissions. LimeFx is regulated in Cyprus, offering more than 30,000 instruments for trading. There’s a wide range of account types available, including the full set of MetaTrader platforms and traders get 24/7 online customer support. To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process.
Over 155,000 traders from more than 130 countries have registered an account with the firm. Yet given that LimeFx is aimed at higher-volume traders, it lacks some the traditional analysis tools and filters (stock/bond screeners) and limefx reviews conventional education resources that other brokers provide. Commissions on withdrawals vary, with the highest coming in at 2.8%. FINAM Bank and China UnionPay are free, but only ECN accounts are able to use credit cards free of charge.
Also, the broker allows the address registration stamp in a national passport as proof of residence. This is relevant for the citizens of the countries, where address registration is mandatory by the law. Then, the system will copy trades based on the original strategy to the customer’s account, charging a percentage as a commission for the strategy manager. The selection is impressive and it makes LimeFx stand out among the competitors.
Our platform is meticulously designed to facilitate access to prominent global stock and futures exchanges, allowing for an enriched and diverse trading experience. LimeFx ranks among the better brokers due to its choice of trading platforms and services, but trading fees are high despite low minimums. LimeFx offers an unusually wideselection of trading platforms compared to many online brokers. This includesthe well-known MetaTrader 4 and MetaTrader 5 platforms. Additionally, theyoffer the CQG Trading Platform (often used for futures and options trading),ROX Premium, Sterling Trader Pro, and Lightspeed Trader. LimeFx applies different approaches to charging commissions on trading with different exchanges.