In essence, LimeFx has a deposit and withdrawal structure prioritizing efficiency with no hidden costs. Such policies solidify LimeFx’s https://limefx.vip/ reputation in the financial trading space. If you leave your account unused over a long period, LimeFx will charge an inactivity fee.
- Our live streams are a great way to learn in a real-world environment, without the pressure and noise of trying to do it all yourself or listening to “Talking Heads” on social media or tv.
- Opening an account with the broker is a quick and easy process with a short online registration form to complete.
- This can be a possible solution for those of you who do not have the time or knowledge to trade.
- However, I personally prefer the MetaTrader platforms as I feel that they are the most user-friendly.
- This should help you form an opinion on the reliability of the online broker and aid your decision on whether to trust them with your cash.
Moreover, LimeFx + is user-friendly and a cut above many brokerage-provided platforms. However, active traders may require a more sophisticated platform. On the other hand, there’s a 2 USD commission per traded lot per side.
Our review further indicates that you can also trade and invest in ETFs that are currently trading on the US exchanges. Also makes it possible for its clients to invest and trade more than 3,000 mutual funds listed on its platforms. Like stocks, these too can be traded on both their proprietary and third-party trading securities trading platforms. Our review is nonetheless alive to the fact that its platform doesn’t have an integrated mutual funds screener.
Commissions on bonds
The CFD fees are added to the broker’s spreads, promoting a more affordable trading experience for users trading CFDs. If you are a high volume trader, then Per-Share plan would be more suited for your trading activities. In this broker US review, we will be vetting the truthfulness of these claims, analyze the brokerage products and detail the nature of its services. At the time this review was being prepared, there was only one promo offer. Within this promo, the new customers could get a bonus for topping up the account of Forex Standard type.
LimeFx is a reliable multi-regulated broker registered with FINRA, NFA and CySEC. Traders seeking a multi-asset broker with an exceptional range of 35,000+ assets, market-leading software and low trading fees should consider LimeFx. The Try2BFunded program will also appeal to users seeking funded trading accounts. Opening an account with the broker is a quick and easy process with a short online registration form to complete.
Pros & cons of LimeFx account types
In our review, we learn that the broker hosts four proprietary trading platforms and four third party trading platforms. LimeFx is a regulated online broker offering a wide range of products, services, accounts and trading platforms. They provide global traders with competitive trading conditions and fees. 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 is a globally renowned online securities trader that best describes itself as a deep discount brokerage house. The brokerage was launched in 2006 in Washington DC by Success Trade Securities. LimeFx currently employs over 1200 employees and maintains offices in over eight countries including the United States, China, and the United Kingdom. In this LimeFx broker review, we vet its reliability and look at how trimmed trading costs have affected this deep discount broker’s effectiveness and competitiveness. CQGTrading Platform – CQG offers access to over 40 globalexchanges, providing market data and order routing for futures, options, andtheir combinations.
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Also, inside the personal account, customers can transfer funds from one trading account to another. Therefore, customers can choose the best suitable way to fund the account, and then transfer the money to another account type. However, this idea is unlikely to work, because if the broker detects such ‘maneuver’, it can charge additional commission on transfers between accounts. The broker does not charge a deposit fee on all available limefx reviews methods and there is zero withdrawal fee on withdrawals to the account at FINAM bank and UnionPay payment system. Account service fee is $5 per month, but it is only charged if the customer hasn’t had any trades within the specific month. Let’s review a specific example of how much a trader will have to pay for the execution of a standard lot of 100,000 units of base currency in popular trading pairs of different classes.
How to Use the LimeFx Brokerage?
The broker’s trading fees are competitive, making it appealing to both novice and experienced traders. 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. For those inclined toward commodities, LimeFx provides a diverse asset range, including agricultural and non-agricultural securities. LimeFx is a front-runner among the diverse online brokerages on the market. The broker is ideal for traders seeking an uncomplicated, user-friendly platform for seamless trade execution.
It should be mentioned that during the registration process, we experienced technical issues. Which is why the registration process gets a low rating from us. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. No – LimeFx does not accept clients from the United States.