Can It Compete With Top Brokers?
The MT5 Global account offers the widest variety of assets. Lime Fx does not charge inactivity fees – a levy we see at many forex brokers we review. Our testing shows that Lime Fx offers lower fees than most forex brokers, especially in its premium accounts. On the other hand, there’s a 2 USD commission per traded lot per side.
Platform
Now, if you don’t know about it, you won’t miss it, but it is an important distinction to be made when it comes to Lime Fx. In order to facilitate these unlimited trades, Lime Fx also offers some fairly workable research tools to go with their existing platform. Members get free research reports and real-time data, also the platform claims of having software in place that does trade analytics. BitDegree aims to uncover, simplify & share Web3 & cryptocurrency education with the masses.
Vault Markets Review
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. There is also the CQG platform with limefx courses scam four different solutions that can be used to trade futures and options.
Interactive Brokers
Whichever path you choose, diligent research and thoughtful planning are crucial to achieving a positive experience in the financial markets. For many traders, especially those who are new to online trading, having reliable customer support and educational resources can make a big difference. Lime Fx generally offers customer support through multiple channels, including phone, email, and live chat.
What are Lime Fx’s Main Features?
- We have over 20 years of experience when it comes to trading online so we know what to look for.
- Instead, I spent hundreds of dollars a month gobbling the goo of the goo-roos.
- 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.
- Lime Fx would be a good choice for investors who place a lot of trades every month and want low commissions for these transactions.
- We don’t care what your motivation is to get training in the stock market.
- To be fair, that is likely because of the fact that J2T CryptoExchange isn’t primarily a cryptocurrency exchange, but rather a stock-and-other-asset brokerage.
The minimum deposit required for this account type is $200. Spreads on this account type start from 0 pips with a $2 per lot commission charged. The minimum amount required is USD 100/EUR 100 and users pay a commission only for results.
Non-Forex Assets
The availability of multiple platforms—ranging from in-house solutions to the globally recognized MetaTrader suite—further underscores its versatility. The company’s underlying philosophy centers on delivering advanced technology and direct market access at competitive rates. Lime Fx offers lower fees than most forex brokers based on our evaluation. The MT5 Global account is particularly competitive, with spreads from 0.0 and a commission up to $2, which is significantly lower than most alternatives.
- Moreover, there are several strong additional features and a free demo account, which makes the firm more accessible for less experienced traders.
- We could charge more, but we have a pay it forward, give back mentality.
- Clients must allocate a minimum of £100 to take advantage of this feature.
- Secondly, the ROX platform is a trading platform aimed mostly at stock and options trading in the US, Canada, Mexico, and several European countries.
- We may receive commissions on purchases made from links in this article.
- UK investors can access a range of deposit methods to fund their Lime Fx accounts, including traditional payment solutions and cryptos.
- The Forex ECN account offers ultra-tight spreads from 0.0 pips, although a low commission of up to $3 applies.
Lime Fx also offers a professional account for high-volume traders with a minimum deposit of $5000. The key benefits here are access to more than 50 execution routes, as well as powerful trading software like Sterling Trader Pro. Trading fees differ based on which market you are trading.
Trading platforms of Lime Fx reviewed
Be aware, the company has some trading restrictions because of the European limefx scammers Securities and Markets Authority (ESMA) influence. Lime Fx says its “preferred method of contact is either by our online chat function or email.” It seems strange that they wouldn’t want phone calls. Personally, I would expect my broker to willingly accept phone calls.
It offers robust coverage of 75,000+ instruments to help investors broaden their trading strategies and diversify their portfolios. The patented pattern recognition technology conducts technical and fundamental analysis to help optimise trading strategies with easy alerts, back testing and customisable filters. I think this is an excellent market analysis software that could easily cost thousands as a standalone product. The fact you can get free access to it via the broker is great.
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