Retirement accounts accepted are traditional, Roth, rollover, and SEP IRAs. As for entities, Lime Fx offers Corporate, Limited Liability, Partnership, and Sole Proprietorship accounts. There is an initial deposit charged to access the trading account. The Lime Fx trading account has amazing features as compared https://limefx.group/ to their competitors and their uniqueness lies in the fact that they do provide every possible facility to their clients. After logging in, you can access the demo account to get an overall idea of the actual trading account.
Supplement this by extensively using their demo account before risking real capital. This broker also offers the following trading assets, shares, cryptocurrencies, futures, options, CFD, and Eurobonds. The broker has a trading portfolio of 26 major and minor currency pairs. We consider this a rather limited variety when compared to other brokers. SterlingTrader® Pro – SterlingTrader® Pro is aprofessional-grade trading platform designed for active traders.
Lime Fx Broker Copy Trading & Investment Options
- Lime Fx have a variety of 20+ convenient methods for depositing and withdrawing funds from your trading account.
- In the world of stock market and options trading, data-driven decisions often make the difference between profit and loss.
- Lime Fx’s platform unfurls a tapestry of innovative features tailored to empower traders.
- The Bullish Bears trade alerts include both day trade and swing trade alert signals.
This can be a possible solution for those of you who do not have the time or knowledge to trade. I personally prefer to trade manually using my own strategies as I like to know when and why a trade was taken. This way I can discover what works for me and areas in which I can improve. Other brokers with managed accounts to consider include Key to Markets. I am impressed how by how they incorporate a high-speed trading infrastructure with ultra-modern 100G network covering Europe, America, Asia and Russia. This allows them to maximise order execution speeds, from 0.05 seconds.
Does Lime Fx Have A Forex App?
Accounts can be opened in a decent choice of currencies which are EUR, USD, RUB. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. I think they could improve further by adding support for some more currencies and crypto deposit like Coinexx. Its main goal is to promote efficient, transparent and integrated financial trading infrastructure, ensuring a higher degree of investor protection.
Trade with a Regulated Broker
Lime Fx is a front-runner among the diverse online brokerages on the market. 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. For traders who require a more robust platform, Lime Fx offers several options.
We have been fairly impressed with the customer service provided. Support is available 24/7 which stands up well against competitors we have tested. This copy trading tool allows traders to choose an investment manager to manage their funds and make investments on their behalf. We aren’t impressed with the additional trading features available. Based on our evaluation, there aren’t many forex tools to improve the trading experience. The platform offers clear market data and graphs, though we particularly rate the Excel output option and economic calendar, which are useful for planning trades.
Newer traders should avoid leverage until demonstrating consistent profitability. Document each trade’s rationale and parameters to create a personal learning database for strategy refinement. 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. Lime Fx does not offer traders spread betting and therefore spread betting fees do not apply to this broker. Like some of its major competitors, Lime Fx aims to educate its users through various learning resources.
The advanced trader is likely to find a platform they feel at home using at Lime Fx. Not only do they offer their own proprietary platforms, but they have access to industry standard platforms like MetaTrader 5. Each account type offers unique features tailored to different trading needs, ensuring that traders can find the most suitable conditions for their style and experience level. ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers. Before making any trading related decision, contact a local professional financial advisor.
MetaTrader 5 (MT
The Bullish Bears trade alerts include both day trade and swing trade alert signals. These are stocks that we post limefx broker reviews daily in our Discord for our community members. We may receive commissions on purchases made from links in this article. Our editors independently researched the information in this Lime Fx review.
The broker is also a member of the Investor Compensation Fund, which protects clients with compensation of up to €20,000 in the case of an unresolved dispute with the brokerage. No account maintenance fees apply, though inactive accounts may incur charges. Lime Fx is the first Forex broker to obtain a license from the Bank of Russia at the end of 2015. It is one of the few local currency brokers, along with VTB24 Forex and Gerchik & Co, and Alpari, although the latter is a much larger company.
Services are available to both retail and institutional investors. This account is for those who already have exchange trading experience and want to get the highest execution speed. Spreads on this account type start from 0 pips with a $3 per lot commission charged. I like this account because it has the lowest spread on MT4 which is important for my automated scalping systems. Lime Fx provide asset management on stock markets of North America and Europe, in collaboration with a leading Russian investment holding, FINAM.
Its minimum commercial size is also more favorable and so spread. Lime Fx offers 24/7 customer service,which can be contacted via online chat, email, or telephone. This extendedavailability may be a benefit for traders who operate outside of standardbusiness hours. MetaTrader 4 is offered with Lime Fx’s Standard, Forex ECN, andForex ECN Pro accounts and can be used as a desktop, mobile, or web app. Lime Fx does not charge any deposit fees but withdrawal fees are charged on some payment methods.
By offering a wide selection of instruments, traders can diversify their holdings and capitalize on potential gains across various sectors and asset categories. These options provide flexibility for traders who prefer a more hands-off approach or want to diversify their trading strategies. It has strong regulatory credentials, other positive user reviews, and has received a number of industry awards.
- Withdrawal requests are processed within the same day or next if outside working hours.
- Lime Fx applies a minimum trade size for all its accounts of 0.01 lots (micro lot).
- The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.
- You can keep track of current economic data using the provided Economic Calendar.
- Our review shows Lime Fx scores less favorably when it comes to withdrawals.
Traders should carefully review these before participating in any promotional offers. We will make sure to update our articles with the latest offerings of the broker. Our review shows Lime Fx scores less favorably when it comes to withdrawals. Not all deposit options are available – bank transfers, card payments and some e-wallets such as PayPal are supported. Lime Fx supports various deposit andwithdrawal methods, including wire transfers, credit cards, PayPal, Skrill, andNeteller.