LimeFx Review 2024 Wide range of trading products
This is a special account for beginners with a lower minimum deposit amount of $100, no brokerage commission and protection against negative balance. Spreads on this account type start from 0.5 pips with no commission charged. It is available inside the personal account of a LimeFx customer and visually shows the map of ‘hot stocks’. The bigger the circle with the ticker, the more attention the stocks enjoy in the market.
- You can also make relay time analysis of the markets with this platform.
- This can be an excellent way to improve your knowledge of the markets and your trading strategy.
- For example, they offer over 30,000 stocks andmore than 90,000 option assets.
- Sterling Trader Pro is another platform that is available to LimeFx customers.
- The drawbacks that we discovered, specifically shortage of educational materials and broker’s ‘affection’ for Metatrader platforms, are fully compensated by its advantages.
Choosing a safe and reliable broker is essential for successful trading. There are various factors to consider when making a decision, but the safest brokers are well-regulated ones. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. 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 the markets and instruments offered by LimeFx and its competitors.
Please note that you can open any type of account during registration, and then, in your personal account, you can open a different type of account, if necessary. The procedure of opening an account is performed fully online. It is green and can be found at the top of LimeFx.online website. The entry is allowed to Russians, Ukrainians, Belarusians and residents of many other countries.
Pros & cons of LimeFx
The broker understands the importance of good customer service and provides 24/7 customer support via email, live chat, and over the phone. Different account types are available for different trader types. For traders that wish to only trade CFDs and FOREX pairs, there’s a dedicated account. Stock traders will also find a suitable account, but let’s dive deeper and uncover more details. LimeFx is a discount brokerage founded in 2007 and headquartered in Limassol, Cyprus. The brand was acquired in 2015 by WhoTrades Inc, a company that promotes social trading services.
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. https://limefx.name/ The per-trade schedule requires $2,500 to start trading, and if an account slips below $2,000, LimeFx will suspend the account’s trading capability.
LimeFx Stocks review
LightspeedTrader – Lightspeed Trader is designed forprofessional traders who prioritize real-time market data, low latencyexecution, and advanced order types. 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. MetaTrader 4 is offered with LimeFx’s Standard, Forex ECN, andForex ECN Pro accounts and can be used as a desktop, mobile, or web app. Finally, for experienced traders, there’sthe MT5 Global account. This provides access to the MetaTrader 5 platform,spreads starting at 0 pips, and a commission of $2 or less.
Firstrade Review – Does This Discount Broker Stand Up?
This is a hefty account promotion though there may be withdrawal terms and conditions. In addition, the platform has 11 preconfigured options trade structures available, including butterflies, calendar spreads, covered calls, iron condors, and straddles. Sterling Trader Pro is a direct-access platform for equities and options. The options chain also highlights in-the-money options for faster decision-making. 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.
Overnight Funding Fee
It provides a competitive environment for active day traders. LimeFx offers a wide assortment of markets and instruments, including stocks (both US and international), ADRs, scammed by limefx ETFs, futures, commodities, futures, options, forex, and bonds. IPO investing, robo-advisors, and individual investment portfolios are also available, as well as leveraged CFDs.
LimeFx says its “preferred method of contact is either by our online chat function or email.” It seems strange that they wouldn’t want phone calls. Personally, I would expect my broker to willingly accept phone calls. There are several technical studies available, including Aroon Oscillator and ZeroLagMa.