Investing in futures and options costs $1.50 per contract per side (buy or sell). With this live account, you cannot trade CFDs on shares, stocks, futures and bonds. We will help to challenge your ideas, skills, and perceptions of the stock market.

Platform

The US brokerage employs a market maker straight-through processing (STP) broker model. It supports the trade of mutual funds, stocks and bonds, ETFs, futures and futures options. On its website, claims to have integrated modern technologies into its wide range of brokerage services to bring about a low priced as well as “fresh and native” trading experience. 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. This account is for professional traders, trading through one of the most powerful and modern platforms for Forex and MetaTrader 5 stock exchanges.

Learn to gain real rewards

After this you will need to fill out a questionnaire to ensure your suitability for the products and services offered, this is done to protect inexperienced clients. If accepted you can then upload your documents to verify your identification (passport, drivers license, etc) and address (e.g. utility bill no older than 3 months). Once verified by the LimeFx account team, you can then fund your account and commence trading.

LimeFx mutual funds review

The LimeFx minimum deposit amount to open an account is $100. However, a minimum balance of $2,500 is required to begin trading. Also, the minimum amount to open a future or margin account is $2,500. And for a pattern day-trading account, no surprise here, the minimum is $25,000. The laudable support system is multi-channelled across live chat, email, and phone communication.

Trading hours with LimeFx depend on the market in question. Forex hours are generally Sunday evening until Friday evening, whereas stock markets are often only open during the day, Monday-Friday. Crypto, on the other hand, is active 24/7 due to its decentralised nature. Lime Trading (CY) Ltd – the owner of LimeFx – is regulated by CySEC and subject to oversight from the European Securities and Markets Authority (ESMA). The company is also a member of the Investor Compensation Fund (ICF), which provides compensation to eligible clients if the firm is unable to meet its obligations.

Shorting Stocks

They offer three forextrading account types, as well as a demo account. The broker offers various methods for account funding, including bank transfer, Bitcoin, credit/debit card, crypto, Neteller, POLi, PayPal, Skrill, and iDeal. However, most withdrawals are charged 0.20% – 2.5% of the withdrawal amount. On the other hand, traders are charged commissions starting from 3 USD per lot. The available platform is MetaTrader 4 (MT4) and similarly to the Standard accounts, traders have access to hedging, automated trading, and phone trading.

It’s important to treat day trading stocks, options, futures, and swing trading like you would with getting a professional degree, a new trade, or starting any new career. With low rates and a suite of platforms, LimeFx aims to meet the needs of various traders. LimeFx offers individual and two types of joint accounts. The first option is Joint with Rights of Survivorship (JTWROS), and the second is with Tenants in Common (JTIC)s, which offers custodial and trust accounts.

LimeFx has also won multiple awards, including the worldfinance.com award for Best Customer Service 2022. The discount broker further provides limited ETF-related educational and research reports. Using free market research of LimeFx’s experienced analyst team, clients get the opportunity to create their own investment strategies. The broker provides the latest market news from the world of economics and finance.

The key benefits here are access to more than 50 execution routes, as well as powerful trading software like Sterling Trader Pro. Based on our tests, LimeFx is an excellent broker for active forex traders. Our evaluation has shown high-quality order executions with speeds of limefx broker reviews 50ms, alongside tight spreads from 0.0 pips. The brokerage also offers one of the largest investment offerings we have seen, with 35,000+ instruments, including dozens of currency pairs. The Forex demo account at LimeFx isdesigned for traders who are new to forex markets.

• User LimeFx reviews will tell you that the platform in question is surely among the better options as far as cryptocurrency purchases are concerned.
• However, I personally prefer the MetaTrader platforms as I feel that they are the most user-friendly.
• This is noticeably tighter than the variable spread accounts at the majority of brokerages.
• Yet it doesn’t offer the same user-friendly interface, or have as good a reputation as alternatives like eToro.
• Using market research of the brokers experienced analyst team, clients can get the opportunity to create their own investment strategies.

LimeFx doesn’t charge withdrawal fees, but external payment providers may have their fee structures. The demo account is your best tool for getting a preview of the platform without using real funds. It’s the same as the live account but will only allow you to place trades in virtual mode so you can see how it works.

LimeFx offers an excellent range of deposit options to suit traders in different regions. This drops to as low as $0.0025 per share for accounts trading in volumes of at least 500k shares a month. Yes, we work hard every day to teach day trading, swing trading, options futures, scalping, and all https://limefx.group/ that fun trading stuff. But we also like to teach you what’s beneath the Foundation of the stock market. Additionally, LimeFx offers a few mobile apps, including an advanced app for iOS and Android devices and a swipe app. Likewise, the firm offers an iBROKER Mobile App for futures traders.

For those inclined toward commodities, LimeFx provides a diverse asset range, including agricultural and non-agricultural securities. The advanced trader is likely to find a platform they feel at home using at LimeFx. Not only do they offer their own proprietary platforms, but they have access to industry standard platforms like MetaTrader 5. LimeFx would be a good choice for investors who place a lot of trades every month and want low commissions for these transactions. Many brokers don’t offer trading in futures, so the brokerage firm would also be ideal for traders who are interested in commodities or cryptocurrencies.

We want the everyday person to get the kind of training in the stock market we would have wanted when we started out. Trading contains substantial risk and is not for every investor. An investor could potentially lose all or more of their initial investment. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.

For example, mousing over the Greek letter sigma displays all of an option’s Greek data. Mousing over a strike price displays the intrinsic and time values of an option in graph format. They have mobile-optimized charts, multiple order types and facilitate one-click trading. In our assessment, LimeFx is best for active forex traders looking for ultra-tight spreads with ECN pricing and fast execution speeds.

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. LimeFx offers access to a variety oftrading platforms, including MetaTrader 4 and 5, CQG, ROX Premium, and SterlingPro. Their website provides information about the broker’s services and terms.This review will look at the unique features and expectations for traders usingLimeFx. LimeFx offers a wide range of instruments for trading, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks. Trading fees are low and there’s a variety of trading platforms to choose from.