However, on Forex and CFD Standard account types, there are only 48 FX pairs. Trading fees on commission-free accounts start from 0.5 pips, which is lower than what most competitors are offering. The broker provides access to trading major, minor, and exotic currency pairs.
The brokerage also offers one of the largest investment offerings we have seen, with 35,000+ instruments, including dozens of currency pairs. 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.
Lime Fx limefx reviews positions itself as a viable choice for traders by maintaining competitive and transparent fee structures that align with varied trading needs and preferences. Partnership program is another way to receive additional bonus from working with Lime Fx. 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. Technically, the call is supported by Zingaya, the call quality is good and the competence of the managers of the support team is high.
Trading assets offered by Lime Fx
In our assessment, Lime Fx is best for active forex traders looking for ultra-tight spreads with ECN pricing and fast execution speeds. Our evaluation of limefx website Lime Fx shows there are limited trading promotions for retail traders. This is common in the online trading industry, and while it may be a disappointment to some investors, we do not rank Lime Fx down for this. Our team don’t recommend traders choose a broker based on sign-up bonuses.
Forex Fees
Lime Fx provides access to an excellent choice of futures in the US, EU and Russia’s markets. We estimated the broker’s commissions as average in the market. The broker offers the most beneficial conditions in the US market. The final figures specified in the table include the spread and all commissions and fees charged by Lime Fx and Swissquote. ROXPremium – ROX Premium provides access to major USstock and options exchanges (NYSE, NASDAQ, CBOE) for market data and orderrouting. It also offers connectivity to key exchanges in Canada, Mexico, andEurope.
Feel free to ask questions of other members of our trading community. We realize that everyone was once a new trader and needs help along the way on their trading journey and that’s what we’re here for. 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. Brokers brag about their rates, like chat rooms claiming to help thousands of traders.
Also, similar to the copy trading service, there is no guarantee you will make a profit. There is also the CQG platform with four different solutions that can be used to trade futures and options. Importantly, forex can be traded via contracts for difference (CFDs).
Commissions on investment services
- Let’s review how much a trader will have to pay for these sorts of services.
- They also extend their reach to cater to queries during extended hours.
- We realize that everyone was once a new trader and needs help along the way on their trading journey and that’s what we’re here for.
- Some broker-dealers charge for this, so free access is quite generous.
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. In this review of Lime Fx, we’ll discuss the broker’s safety policies and regulations, trading platforms, account types, trading fees, and more. In addition, we’ll guide you through account opening step-by-step.
It is green and can be found at the top of Lime Fx.online website. Robo-advisor is a service for automatic composition of an investment portfolio. J2TX is a young online platform with a multitude of functions. Legally, it belongs to Just 2 Trade Online LTD with the license in Cyprus. In addition to the standard BTC, ETH, XRP and other coins, we’d also like to point to JT2X Dividend Token.
The demo account is available to simulate all three types of forex accounts using $100,000 in virtual funds. Our testing shows that both MT4 and MT5 support forex trading and provide an excellent suite of technical indicators, charts and analysis tools. Importantly, we find both platforms easy to use with a sophisticated design and a customizable workspace. My only criticism is the fees for depositing funds to the ECN account, which don’t stand up against competitors like Pepperstone which doesn’t charge. The Forex ECN account offers ultra-tight spreads from 0.0 pips, although a low commission of up to $3 applies.
Deposit and withdrawal
What we really care about is helping you, and seeing you succeed as a trader. We want the everyday person to get the kind of training in the stock market we would have wanted when we started out. Our watch lists and alert signals are great for your trading education and learning experience.
Trading contains substantial risk and is not for every investor. An investor could potentially lose all or more of their initial investment. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success. Additionally, Lime Fx offers a few mobile apps, including an advanced app for iOS and Android devices and a swipe app. Likewise, the firm offers an iBROKER Mobile App for futures traders.
The key benefits here are access to more than 50 execution routes, as well as powerful trading software like Sterling Trader Pro. Our research shows that the MT5 Global account is best for experienced traders. Account holders get tight spreads with a very low commission rate, plus access to the powerful MetaTrader 5 platform. Our only complaint is that while this broker offers negative balance protection on their Standard account, it is not available on the other trading accounts.
For instant funding, I recommend card payments, which I find easy to set up, while bank wire transfers can take up to 5 days. Lime Fx uses 8 technology products and services including Google Ads, Google Analytics, jQuery, and more. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
Again, this fares well with many firms that charge a commission of $3.50+ on their ECN solutions. Like some of its major competitors, Lime Fx aims to educate its users through various learning resources. However, while Lime Fx has taken the step of elevating its users’ trading experience, it still has much to do to stand shoulder-to-shoulder with the best brokerages.
