LimeFx: US Financial Services Company Review

Their website provides information about the broker’s services and terms.This review will look at the unique features and expectations for traders usingLimeFx. Our review indicates that the brokerage and its trading limefx broker reviews 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.

Inactivity Fee

Overall, I feel that LimeFx are a really good broker with a vast range of trading products and services that can meet the demands of all traders. They have plenty of experience and are regulated which gives me the peace of mind that I can trust them for my daily trading activity. I found them to have very competitive trading conditions and fees. You get to trade on easy to use platforms with all of the tools you need for conducting complex market analysis. I like how there are accounts for different trading styles and flexible payment options fund your account.

Is LimeFx Regulated?

The Forex ECN account is a good option for active forex traders looking for the tightest spreads and access to popular currency pairs. LimeFx offers a larger selection oftrading platforms than many other online brokers. Their six platforms includethe widely used MetaTrader 4 and MetaTrader 5. They also offer the CQG TradingPlatform, ROX Premium, Sterling Trader Pro, and the Lightspeed Trader platform. Dave has been a part-time day trader and swing trader since 2011 when he first became obsessed with the markets. He focuses primarily on technical setups and will hold positions anywhere from a few minutes to a few days.

Where Can I Read LimeFx User Reviews?

1. In this broker review, we vet its reliability and look at how trimmed trading costs have affected this deep discount broker’s effectiveness and competitiveness.
2. Similar to the research section, it would be somewhat unreasonable to expect top level customer service from a brokerage firm charing half the industry rate.
3. The maximum number of available Forex pairs is 47 and traders need to deposit at least 200 USD to be able to open the account type.

LimeFx does not charge inactivity fees – a levy we see at many forex brokers we review. Our testing shows that LimeFx offers lower fees than most forex brokers, especially in its premium accounts. Looking at the negatives, LimeFx scores poorly when it comes to education, reducing its suitability for beginners. We are also disappointed by the deposit and withdrawal fees, which can be avoided at other forex brokers we use. LimeFxr, the deep discount broker, has throughout the years been awarded and recognized for its contributions to the online brokerage industry.

REAL-TIME STOCK ALERTS SERVICE

For now, it’s worth mentioning that MT5 (otherwise known as the MetaTrader5) is the more-advanced version of MT4 – the most popular and well-known trading interface, to date. They are going to depend on the cryptocurrency of your choice, but are likely to remain super-low, and mostly dependent on the blockchain. Our website provides detailed reviews and ratings on trading brands. Alternatively, you can head to forums and sites like Trustpilot for other user reviews.

Crypto Guides

This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters. 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.

LimeFx offers ultra-fast trade executions, low fees and powerful platforms, making it a good pick for day traders. LimeFx offers a range of trading platforms to support the needs of investors with varying abilities and trading volumes. Our experts tested and reviewed each trading platform in more detail below. 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. They offer direct access to the markets with competitive commissions, reliable execution and maximum liquidity from their liquidity providers (LPs).

What they lack in research and infrastructure, they make up for in low fees. Now, if you plan on trading cryptocurrencies long-term, that’s not an issue. https://limefx.name/ However, it can still prove to be annoying, granted that many exchanges out there have much smaller requirements, a far as crypto purchases go.

This copy trading tool allows traders to choose an investment manager to manage their funds and make investments on their behalf. The huge range of 35,000+ instruments is a key benefit of opening an account. Our tests show that only a select few brokers, such as Saxo Bank, can rival LimeFx when it comes to the number of trading products. All the above are broker-assisted plans and also include an additional fee of $20 per trade.

Its thousands of instruments and leading tools also separate it from competitors. LimeFx also offers the Try2BFunded program for those looking to become professional traders. In the first two stages of the program, traders are placed on a demo/paper account and must meet a profit target while avoiding specific drawdowns and maximum daily loss amounts. If investors successfully pass both steps, they  receive access to a funded real-money account and can trade on the firm’s capital (a monthly subscription fee applies).