Forex Trading

LimeFx Review 2024 Expert Findings Reveal Key Pros & Cons

J2T Copy offers a holistic approach to Forex trading, amalgamating professional insights, user-friendly interfaces, and strategic alignments, tailored to suit both investors and managers. Our platform is designed to be a catalyst for your financial growth, fostering an environment where your investments can flourish and yield desirable outcomes. With a fee structure that will be attractive to high-volume traders and regulation by the ESMA, LimeFx provides a top-end, competitive investing service. New traders can also get started with a low minimum deposit of $100. Yes, LimeFx offers demo accounts and setting it up is very simple and easy.

The company is a FINRA registered broker-dealer and a member of the SIPC and NFA. The web-based platform also has a clean and intuitive interface that displays total profit and loss, plus charting functionality. Traders can speculate on a modest selection of the largest cryptos by market cap including Bitcoin. On the downside, crypto trading is only available to clients from Asia which is more restrictive than many alternatives.

  1. It allows for practicetrading without risking real funds, offering a way to become familiar withtheir trading conditions.
  2. These can only be traded on the broker’s proprietary trading platforms where LimeFx Pro charges $2.50 per trade but are commission-free on the LimeFx lite platform.
  3. After you sign up, you can use the LimeFx login page to start investing with simulated funds.
  4. They offer toll-free phone service, email service, and a live chat bot.
  5. The traders and clients of LimeFx can use the mobile platform.

The service is also accessible to all, not just LimeFx clients. Importantly, the paper trading account lets you test the broker’s platforms and tools before committing real money. The brokerage also provides access to several third-party platforms, including Sterling Trader Pro, CQG, ROX, and the iBroker mobile app, with access to demo versions. As well as LimeFx’s 50+ stock CFDs, traders can access a huge variety of thousands of stocks traded on US and international exchanges. The chance to build an investment portfolio and benefit from dividends sets LimeFx apart from most CFD brokers. Traders can access a decent range of 60+ major, minor and exotic forex pairs through standard and ECN accounts with tight spreads from 0.5 and 0.0, respectively.

Regulation and deposit protection

If you have experience trading with LimeFx please share your personal review of the broker and what you think are strong and weak points. Compare LimeFx with the top 3 similar brokers that accept traders from your location. You can select your base country when you sign up for a new account. LimeFx caters to active traders with competitive pricing for those who trade in high volumes.

Mobile and Convenient Trading

So, if the broker fails to settle claims of investors or folds up, they are secured up to $500,000 and €20,000 correspondingly. Transfers in from one account – say the IRA – to the LimeFx account are free. It should be mentioned that during the registration process, we experienced technical issues. Above https://limefx.club/ all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. Importantly, profits are split 60% to the trader and 40% to LimeFx. Note, all clients must be 18 years of age or older to open an account.

LimeFx vs Other Brokers

Personal account security on LimeFx is strengthened by two-factor authentication (2FA). The broker can also restrict account access if it believes security has been breached. In addition, professional traders can benefit from a bonus of up to £2,000 limefx forex brokers reviews when topping up funds in their accounts. In addition to these platforms, there is also ROX, which provides access to US stocks and options exchanges. The laudable support system is multi-channelled across live chat, email, and phone communication.

This drops to as low as $0.0025 per share for accounts trading in volumes of at least 500k shares a month. LimeFx is a reliable multi-regulated broker registered with FINRA, NFA and CySEC. The company has 155,000 clients from 130 countries and stands out for its huge suite of instruments and additional features, including a social network, robo advisors and a funded trader programme. LimeFx offers 24/7 customer service,which can be contacted via online chat, email, or telephone.

However, most withdrawals are charged 0.20% – 2.5% of the withdrawal amount. This account features a minimum deposit amount of $100, nobrokerage commission, and negative balance protection. LimeFx offers clients access to awide range of asset classes, including forex, precious metals, stocks, indices,energies, futures, options, and bonds. For example, they offer over 30,000 stocks andmore than 90,000 option assets. Please note that full access to all assets isavailable on the MT5 account. The Standard and Forex ECN accounts primarilyoffer CFDs for forex, precious metals, and indices/energies.

Comparing LimeFx fees with other brokers

The platform’s commitment to user-centric solutions is evident in its diverse account types and focus on creating a practical demo trading experience. Furthermore, its reliable customer support and streamlined deposit and withdrawal methods reinforce its reputation. LimeFx is a leading international brokerage company, empowering traders worldwide with direct access to major global financial markets.

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