LimeFx: US Financial Services Company Review

The platform further has already-configured options, including Covered Calls, Iron Condors, etc. Hence, protecting the consumer leverage ratio is way smaller than Forex limefx review offered before. LimeFx has one of the lowest commission rates in the trading industry. Asktraders is a free website that is supported by our advertising partners.

What Is LimeFx Online LTD Cyprus?

LimeFx is also a member of theInvestor Compensation Fund. This level of regulation and membership in theInvestor Compensation Fund provides a strong legal framework for traderprotection. There may be a welcome bonus of up to $2,000 when signing up for a LimeFx Online LTD pro account, depending on your location. This is a hefty account promotion though there may be withdrawal terms and conditions.

• Additionally, LimeFx is an accredited member of the Better Business Bureau with an A+ rating.
• You can also search for the broker’s name in the respective regulator’s digital register.
• J2TX provides a responsive customer support team to assist users with their inquiries and concerns.

Additional Features

For those inclined toward commodities, LimeFx provides a diverse asset range, including agricultural and non-agricultural securities. LimeFx is an experienced broker that provides a wide variety of services, products, and trading platforms. Over the years, it has gained the trust of over 1 55,000 clients across the world.

Responsive Support Team

Moreover, there are several strong additional features and a free demo account, which makes the firm more accessible for less experienced traders. Incorporated in 2006, LimeFx is an online brokerage launched by Success Trade Securities. The broker offers a complete gamut of financial services that include FX, stocks, bonds, futures and options. Besides providing direct market access (DMA), low commissions, the multi-regulated brokerage provides a modern high-speed infrastructure for instant trade execution.

LimeFx Reviews

The Bullish Bears team focuses on keeping things as simple as possible in our online trading courses and chat rooms. We provide our members with courses of all different trading levels and topics. We could charge more, but we have a pay it forward, give back mentality.

LimeFx Fees and Pricing Review

LimeFx caters to active traders with competitive pricing for those who trade in high volumes. The company is a FINRA registered broker-dealer and a member of the SIPC and NFA. Each profile on Novoadvisor shows full transparency so investors can decide whether a strategy fits their personal needs and expectations. The proprietary platform, https://limefx.biz/ Novoadvisor (now known as Lime Financial), gives investors access to the top-performing traders and strategies on the LimeFx network. While using LimeFx, our team were impressed with the breadth of trading tools and extra services. LimeFx is licensed by NFA, FINRA, Bank of Russia, and is a CySEC regulated broker-dealer.

Currency conversion fees may apply if the currency in your bank account or on your card is different from the base currency of your LimeFx account. UK investors can access a range of deposit methods to fund their LimeFx accounts, including traditional payment solutions and cryptos. As a result, Jus2Trade scores highly in terms of payment options.

CySEC regulation is quite rigorous, requiring segregated funds, KYC checks, and financial compensation schemes. The firm doesn’t accept deposits in cryptocurrencies, such as Bitcoin and Ethereum. Accounts also cannot be funded by credit card checks, traveler’s checks, money orders, or Western Union. LimeFx offers an excellent range of deposit options to suit traders in different regions. Judging by standard procedures, new customers may get their accounts activated within a day, depending on the availability and genuineness of their documents.

ECN accounts incur a 2.25% to 3% commission; Trustly and UnionPay are free to use. As for speed, most transfers are instant, with bank wire taking 2-5 business days. However, traders should pay attention to potential charges by individual payment channels.

With this live account, you cannot trade CFDs on shares, stocks, futures and bonds. In essence, LimeFx has a deposit and withdrawal structure prioritizing efficiency with no hidden costs. Such policies solidify LimeFx’s reputation in the financial trading space. If you leave your account unused over a long period, LimeFx will charge an inactivity fee.

All the above are broker-assisted plans and also include an additional fee of $20 per trade. On our site, you will find thousands of dollars worth of free online trading courses, tutorials, and reviews. We don’t care what your motivation is to get training in the stock market. If it’s money and wealth for material things, money to travel and build memories, or paying for your child’s education, it’s all good.

LimeFx offers bonuses today, which are available for individual submissions to the broker. Traders using a desktop program would prefer this as it delivers data and executes it faster than normal browser-based co-parts of it. ROX helps investors of larger sizes by having direct access to the exchanges in Mexico, Europe, the USA, and Canada. They come with better functionality and are easy to use and access. They both get used to their vast customer-supportive designs and excellent functionalities. It is a reputed, award-winning platform for trading that allows trade executions at reasonable prices.

The deposit minimum is accessible, making the broker a decent option for seasoned and novice traders. For traders adhering to Islamic finance principles, the broker offers an Islamic (swap-free) account, aligning with Sharia guidelines. The commitment to client security is evident in its provision of segregated accounts, ensuring that the broker separates client funds from its operational finances. Forex trading is one of its focuses, with a plethora of currency pairs across major, minor, and exotic trading pairs. The extensive forex trading options make LimeFx a perfect broker for an elevated trading experience.

This is a professional trading account on MT4 with a $100,000 minimum deposit. Traders have access to metals, oil, index CFDs and 47 forex instruments. LimeFx is a reliable multi-regulated broker registered with FINRA, NFA and CySEC. LimeFx 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.