You may need to verify your account to remove limits on particular methods in some countries. All funds deposited into your trading account must be under the same name as your Lime Fx trading account. 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.
Leverage
We know that you’ll walk away from a stronger, more confident, and street-wise trader. Our watch lists and alert signals are great for your trading education and learning experience. First, I needed an honest, realistic, and affordable education in the stock market. I needed to determine the type of trader I’d be before choosing the right broker. It has strong regulatory credentials, other positive user reviews, and has received a number of industry awards. The demo account is available to simulate all three types of forex accounts using $100,000 in virtual funds.
biggest waste of time making that
Liquidity is aggregated from major banks which allows them to provide low spreads starting from just 0.0 pips. These are really top trading conditions that put them up there with industry leaders such as Pepperstone. I like how there is no dealing desk intervention as this can prevent there being a conflict of interest as there can be when using a market maker broker.
- Robo-advisor is a globally recognised service that aims to help traders using modern technologies.
- Every day people join our community and we welcome them with open arms.
- You may need to verify your account to remove limits on particular methods in some countries.
- We are also disappointed by the deposit and withdrawal fees, which can be avoided at other forex brokers we use.
- It goes against our guidelines to offer incentives for reviews.
We will help to challenge your ideas, skills, and perceptions of the stock market. Every day people join our community and we welcome them with open arms. We are much more than just a place to learn how to trade stocks. The Lime Fx minimum deposit amount to open an account is $100. However, a minimum balance of $2,500 is required to begin trading. Also, the minimum amount to open a future or margin account is $2,500.
Company History
TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Accounts can be opened in a decent choice of currencies which are EUR, USD, RUB. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. I think they could improve further by adding support for some more currencies and crypto deposit like Coinexx. Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites.
Lime Fx does not charge inactivity fees – a levy we see at many forex brokers we review. Lime Fx have a variety of 20+ convenient methods for depositing and withdrawing funds from your trading account. This includes bank wire, credit/debit card and online payment systems such as Neteller and Skrill. Please note that some methods may only be available to specific countries and not all are available for both deposit and withdrawal. There is something for everyone to trade with thousands of financial instruments available. You will find everything from major currency pairs to stocks of large companies.
Type “Lime Fx online LTD CySEC” into Google, and the broker’s accreditation will appear. You can also search for the broker’s name in the respective regulator’s digital register. Finally two-factor authentication is enabled while the desktop platform requires user credentials (username, password) as well as a security phrase/image and pin. Importantly, profits are split 60% to the trader and 40% to Lime Fx. There may be a welcome bonus of up to $2,000 when signing up for a Lime Fx Online LTD pro account, depending on your location. This is a hefty account promotion though there may be withdrawal terms and conditions.
Support
The web-based platform also has a clean and intuitive interface that displays total profit and loss, plus charting functionality. Various setups are available, including simultaneous charts. limefx official site When comparing Lime Fx vs Interactive Brokers, for example, the broker comes out on top in terms of options pricing. Free daily mailout of analytical reviews and forecasts for the current date. You can keep track of current economic data using the provided Economic Calendar. You can see previous, forecasted and actual results of each economic release.
Lime Fx offers individual and two types of joint accounts. The first option is Joint with Rights of Survivorship (JTWROS), and the second is with Tenants in Common (JTIC)s, which offers custodial and trust accounts. ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers. Before making any trading related decision, contact a local professional financial advisor.
We aim to help you find the best broker according to your own needs. Using free market research of Lime Fx’s experienced analyst team, clients get the opportunity to create their own investment strategies. The Bullish Bears trade alerts include both day trade and swing trade alert signals. These are stocks that we post daily in our Discord for our community members. Trading contains substantial risk and is not for every investor.
We score and compare forex brokers in more than 15 categories. Lime Fx is a reasonable forex broker for beginners, but not the best we have tested. The $100 minimum deposit is accessible, there is a free demo account and a copy trading app, however there is little in terms of education or beginner-friendly trading tools. Lime Fx provide asset management on stock markets of North America and Europe, in collaboration with a leading Russian investment holding, FINAM. The minimum amount required is $80,000 and there is an asset management fee from 20% charged based upon the NAV growth.
The Trustpilot Experience
The Forex ECN account offers ultra-tight spreads from 0.0 pips, although a low commission of up to $3 applies. Again, this fares well with many firms that charge a commission of $3.50+ on their ECN solutions. Yes – Lime Fx is a legitimate brokerage registered with several respectable regulators and financial authorities, including the CySEC, NFA, limefx scam FINRA, and Bank of Russia. Over 155,000 traders from more than 130 countries have registered an account with the firm.