Forex, binary options, cryptocurrency, and CFD trading on margin involve high risk and are not suitable for all investors and traders. Lime Fx offers trading services through Forex and CFD Standard, Forex ECN, and MT5 Global accounts. These accounts have variable spreads from 0.0 pips and trading commissions from $2 per lot. However, like any financial undertaking, the choice of a broker should be rooted in meticulous research and informed judgment.
- These platforms provide traders with a range of tools and features to execute their trading strategies effectively across various markets.
- We appreciate that there are no deposit fees on the Standard and MT5 Global accounts, although third-party fees may apply to bank transfers.
- The US brokerage employs a market maker straight-through processing (STP) broker model.
- The research notes are quite useful for forex trading, but there are no videos, webinars or guides to support beginners.
- Our team don’t recommend traders choose a broker based on sign-up bonuses.
- The broker has been providing online brokerage services since 2006 and are trusted by 155,000+ clients from 130 countries.
Lime Fx Broker Company Information & Regulation Overview
Which is why the registration process gets a low rating from us. Our content is packed with the essential knowledge that’s needed to help you to become a successful trader. We are opposed to charging ridiculous amounts to access experience and quality information. If you’ve looked for trading education elsewhere then you’ll notice that it can be very costly. If you would like to contact the Bullish Bears team then please email us at bbteam@bullishbears.com and we will limefx official site get back to you within 24 hours.
- These are drawn from virtually every market within the finance and securities industry including stocks, indices, currencies, and commodities.
- Among the financial service providers, there are fraudsters that we promptly report.
- Lime Fx is a front-runner among the diverse online brokerages on the market.
- There are more than 30,000 instruments available through various trading platforms and account types.
- I am impressed how by how they incorporate a high-speed trading infrastructure with ultra-modern 100G network covering Europe, America, Asia and Russia.
- Whatever your interests, there is something for everyone to trade in the way that they want to trade it.
We are pleased to see that Lime Fx offers a free demo account. These simulation accounts are a great way for beginners to learn more about forex trading without financial risk. They also offer traders the chance to find out if the broker suits their strategy before committing funds. Based on our tests, Lime Fx is an excellent broker for active forex traders.
Customers can also access a wealth of information on the trading platform, including detailed FAQs and tools for answering questions and explaining diverse trading nuances. Like some of its major competitors, Lime Fx aims to educate its users through various learning resources. However, while Lime Fx has taken the step of elevating its users’ trading experience, it still has much to do to stand shoulder-to-shoulder with the best brokerages. Access crypto markets around the clock and trade other markets during their operating hours. Our platform ensures you can trade whenever opportunities arise, providing flexibility and convenience for all your trading needs. Our intuitive interface makes trading simple and accessible for everyone.
Customer support
The training programs are designed based on tools for traders of all levels, from “beginner to advanced.” Traders also have the option to open Islamic and demo accounts in Lime Fx broker to cater to diverse trading needs. The Islamic account complies with Sharia law by eliminating interest charges, making it suitable for Muslim traders.
How To Make A Forex Trade
I think they could improve further by adding support for some more currencies and crypto deposit like Coinexx. Lime Fx offer professional customer support 24/7 via online chat, telephone and email. It was great to see that support is available on weekends as this is not something that all brokers offer and helps them to stand out from the competition. The purpose of the ICF is to secure the claims of covered clients against ICF members through the payment of compensation if the necessary preconditions are fulfilled. The broker puts great emphasis on Anti-Money Laundering (AML), Counter Terrorist Financing (CTF) and Know-Your-Customer (KYC) measures. New York residents can also walk into the broker’s offices at One Penn Plaza in New York.
Research and Education
This means clients can lose more than their account balance if the limefx broker reviews markets move against them. Withdrawal requests are processed within the same day or next if outside working hours. The withdrawal time can vary depending on the payment provider and method. Bank transfers may take a few business days to clear whilst some methods can be instant.
Trading platforms of Lime Fx reviewed
However, on Forex and CFD Standard account types, there are only 48 FX pairs. Trading fees on commission-free accounts start from 0.5 pips, which is lower than what most competitors are offering. The broker provides access to trading major, minor, and exotic currency pairs. In this review of Lime Fx, we’ll discuss the broker’s safety policies and regulations, trading platforms, account types, trading fees, and more. In addition, we’ll guide you through account opening step-by-step.
Share trading on Lime Fx
The verification process typically takes 1-3 business days, depending on the accuracy and completeness of the submitted documents. Explore the list of available cryptocurrencies for trading below. ForexBrokersOnline.com earns money from affiliation deals with our partners. Our partners cannot influence our reviews, nor can they pay us to bias our rankings. Our only minor complaints are the subpar education, research and copy trading application.
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. Our review indicates that the brokerage and its trading platforms feature a host of market analysis tools to trade. There also are a host of educational, research, and news resources to help both beginner and expert traders understand and navigate the stock markets. 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.