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.
Judging limefx scam by standard procedures, new customers may get their accounts activated within a day, depending on the availability and genuineness of their documents. The laudable support system is multi-channelled across live chat, email, and phone communication. Customers can also access a wealth of information on the trading platform, including detailed FAQs and tools for answering questions and explaining diverse trading nuances. The drawbacks that we discovered, specifically shortage of educational materials and broker’s ‘affection’ for Metatrader platforms, are fully compensated by its advantages. Partnership program is another way to receive additional bonus from working with Lime Fx.
Lime Fx Trading hours
The main email of customer support is It is an advanced source of financial and technical assistance. If you can’t find the information on the website and the managers of the call center cannot help you, you need to write an email. The advantages of CQG Desktop include DOM Trader, which is a rather advanced version for web platforms. With Internet access and a smartphone with a browser, any customer can use this module for intraday scalping in DOM (Depth Of Market). The navigation panel (1) is on the left side of the interface.
Lime Fx 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). Sterling Trader Pro is another platform that is available to Lime Fx customers. Some broker-dealers charge for this, so free access is quite generous.
From Monday to Thursday, 9-6 pm EST is the available time for customer support, and on Friday, the timing is 9 am to 5 pm EST. It allows investors to have access to markets without actually trading on their own. This might lead to the potential generation of revenue through investment fund management. With customizable charts and real-time data streaming, it is browser-based. Although going with the name, it has fewer features, and it’s useful for someone trading from charts.
- In the majority of other markets, the broker charges commission as a percentage of the trade volume, while its size ranges from average to high.
- At the time this review was being prepared, there was only one promo offer.
- The company is a FINRA registered broker-dealer and a member of the SIPC and NFA.
- Clients are free to use and create their investment strategies.
Most of the queries on the page touch on the different services offered by the broker, especially the ones that touch on fees, margin trading, and trader platforms. The US brokerage employs a market maker straight-through limefx website processing (STP) broker model. It supports the trade of mutual funds, stocks and bonds, ETFs, futures and futures options.
Lime Fx is an online broker offering stocks, options, forex and bonds through professional platforms and apps. Premium tools and innovative programs such as Try2BFunded make the offering fairly unique. Read our detailed website review and decide if Lime Fx is for you. Our experts assess minimum deposits, bonuses, demo accounts, spreads, and more. Lime Fx offers its customers an impressive choice of trading instruments at several dozen exchanges of the U.S., Asia, Russia, and EU.
Asktraders is a free website that is supported by our advertising partners. As such we may earn a commision when you make a purchase after following a link from our website. It seems that the broker rebroadcasts the news from a third-party source, but does it extremely ‘awkwardly’. We are hoping that the broker will soon eliminate this drawback. The only drawback is that some publications may be absolutely useless. Analytical and news reviews are rather a strong suit of Lime Fx.
Account Types
This is due to the fact that at the time this review was being prepared Pfizer announced production of a Coronavirus vaccine, which is why its securities grew over 6% a day. Lime Fx offers direct access to several dozen international stock markets. The approaches to charging commissions differ in different regions.
In our review, we learn that the broker hosts four proprietary trading platforms and four third party trading platforms. The in-house platforms include the Lime Fx+, Lime Fx pro, the commission-free Lime Fx Lite, and Lime Fx mobile apps. They differ in such ways as the depth of their market analysis, access to sophisticated indicators, and platform-based trading costs. Incorporated in 2006, Lime Fx 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.
If your friend opens an account with the broker upon your referral, the broker will give you a $6 bonus. And if your friend funds the account, you will get an additional bonus of $29. In fact, your bonus can be even higher, if your friend funds the account for a large amount.
Non-trading commissions
In fact, a whole book can be written about the multiple functions of QTrader platform. However, this is not the purpose of our review, so let’s move to CQG Desktop. There are restrictions for some methods of withdrawal (for example, debit/credit cards). In particular, the customer can withdraw funds only to the same card that was used to fund the account.
Account transfers:
Many brokers don’t offer trading in futures, so the brokerage firm would also be ideal for traders who are interested in commodities or cryptocurrencies. Yes, Lime Fx offers demo accounts and setting it up is very simple and easy. The broker immediately gives you access to an MT5 user id and password for the web, desktop and mobile app separately along with $100,000 in virtual funds.
FX and MT5 Investments
However, for large volumes of trading, the commissions are low. 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. The final figures specified in the table include the spread and all commissions and fees charged by Lime Fx and Swissquote.
For long-term investment, many professional traders choose trading towards positive swaps. A smart broker with a low initial deposit and the ability to integrate third-party trading programs through the Open API. For 10 months of cooperation with this company, my deposit has doubled! Competitive commissions and fees and a wide range of available markets are the key advantages of Lime Fx. It enables the customer to get a certain bonus and use it for multiple benefits.