And if your friend funds the account, you will get an additional bonus of $29. In fact, your bonus can be even higher, if your friend funds the account for a large amount. Voice support in Chinese, Polish, Spanish operates regularly, during working hours on weekdays, taking into account the region’s time zone. A small number of educational materials can be found in the Blog section on the broker’s website. However, these ‘tidbits’ for the beginners can unlikely be viewed as educational services. For the customers, who prefer to work via email, there are 4 subscriptions depending on the markets and frequency of newsletters.

• Each account has different specifications which are custom made keeping in mind the needs of each type of trader.
• This website is using a security service to protect itself from online attacks.
• In addition to the standard BTC, ETH, XRP and other coins, we’d also like to point to JT2X Dividend Token.
• LimeFx’s web platform allows traders to access their accounts directly through a browser, ensuring easy access without the need for software downloads.

The above information is applicable to MT-5 Global account types, while there may be differences for Forex-ECN account types. Also, we decided to analyze how beneficial it will be to hold marginal positions on different markets. As a reminder, a marginal position means that you purchase securities not only with your own money, but also borrow from the broker.

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

If you can’t find the information on the website and the managers of the call center cannot help you, you need to write an email. The advantages of CQG Desktop include DOM Trader, which is a rather advanced version for web platforms. With Internet access and a smartphone with a browser, any customer can use this module for intraday scalping in DOM (Depth Of Market). There are restrictions for some methods of withdrawal (for example, debit/credit cards). In particular, the customer can withdraw funds only to the same card that was used to fund the account. The information is divided by tabs (2), which correspond to the account type.

For instance, Avatrade and LimeFx provide the same trading instruments and minimum deposit requirements, and high liquidity to their customers. To sum up we can say that both are trustworthy brokers however there is an edge to Avatrade over LimeFx brokerage services. At Asia Forex Mentor (AFM) Evaluation, we try to analyze various brokerage platforms that are operating in the financial markets. Each broker and its services are researched and assessed thoroughly to come to a conclusive opinion so that the traders and investors can make up their minds regarding their investments. 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.

Many clients have disapproved of the withdrawal services of this broker. Like any other brokerage firm, LimeFx also provides helpful customer services to clients. Hence, LimeFx users get professional consulting services as well.

• They have a regulated fee that doesn’t exploit the registered users.
• Apart from the few drawbacks that it has, it would be good to say that the new traders or beginners would find it beneficial to use the software and make the most out of the trading options available.
• Traders’ protection is provided by coverage through the compensation fund in case things go wrong with the broker, so traders may stay assured of their funds’ safety.
• Moreover, the broker also gives opportunities to traders to earn profits through STP and ECN accounts as well.
• The commission of Alpari is higher at $ 16 than LimeFx which is only $ 3.

We estimated the selection of investment products on LimeFx as excellent and the commissions as average in the market. For better understanding, let’s see how much a trader will have to pay for a $5,000 lot of US, UK and German stocks on the platforms of LimeFx, Degiro and Swissquote. A smart broker with a low initial deposit and the ability to integrate third-party trading programs through the Open API. For 10 months of cooperation with this company, my deposit has doubled! Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs.

A Safe and Certified Brokerage

Both platforms are secure and offer a range of features to suit different trading needs. LimeFx is a great choice for anyone looking for a secure and reliable online trading platform. LimeFx provides all the basic services, features, and tools for a trader, investor, and financial institution to have a successful trading experience. 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.

Top Brokers

As an online broker LimeFx provides direct access to customers in multiple trading assets of the financial markets. From forex, stocks, futures, bonds, metals, and Cryptocurrencies, LimeFx offers numerous trading options to its potential clients. 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.

CQG Desktop

Traders must accomplish a profit target while avoiding particular drawdowns and daily loss amounts in the first two stages of the program. If they pass both, they’ll have a funded real-money account and can trade the firm’s capital (a monthly subscription fee applies). LimeFx+ and Sterling Trader Pro demo accounts are available through LimeFx.

LimeFx also offers partnership programs for institutional trading and for individuals who want to become introducing brokers (IB). Also, traders always need to consider swap or rollover fees which may be charged for positions held open for longer than a day. Apart from limefx broker reviews the few drawbacks that it has, it would be good to say that the new traders or beginners would find it beneficial to use the software and make the most out of the trading options available. Based on the user experience, the following rating and reviews are provided.

#2 LimeFx futures and futures options review

Overall, I feel that LimeFx are a really good broker with a vast range of trading products and services that can meet the demands of all traders. 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. You get to trade on easy to use platforms with all of the tools you need for conducting complex market analysis.

Noteworthy, compared to cryptocurrency exchanges, the brokers offer worse conditions. To begin with, below is a table of the broker’s commissions on each market, excluding exchange and clearing fees. Then, we will use examples to see how beneficial they are compared to other brokers. https://limefx.vip/ LimeFx maintains up to 14 different types of user accounts on its platform. Broker maintains up to 14 different types of user accounts on its platform. However, like any financial undertaking, the choice of a broker should be rooted in meticulous research and informed judgment.

It has a user-friendly interface, access to US exchanges, delayed market data, market depth data, news, and extensive stock information. It lets you review all of your orders and displays your current portfolio and market performance. The same instruments that may be traded on browser-based platforms can also be traded on mobile apps. LimeFx offers demo versions of numerous third-party futures trading platforms (e.g., Sterling Trader Pro, CQG Trader, OEC Trader, and the iBroker app). LimeFx is a leading international brokerage company that provides its clients direct access to the major world financial markets.

Transfer of funds through this account takes two to three dates (approximately). They require a holding period of five days before the availability of trading control is provided. However, higher ratios are available for professionals, thereby proving its efficiency and its status as a trusted trading platform. In the per-share plan, there has to be a minimum of $2500 in the trading account, and once the approval comes, the commission gets decided according to the trading volume per month. One of them is -trade schedule with equity transactions costing $2.50.