LimeFX Review: Key Features, Pros and Cons

LimeFX broker review

A direct line to the trading desk exists, but I am missing one from the finance department, where most issues can arise. LimeFX explains its products and services well, and I doubt traders will require assistance. Clients at limefx company reviews LimeFX may engage in IPO investing, a service I like, as it offers clients a chance to participate in high-risk, high-reward investments. The minimum investment is $1,000 with a 4% participation fee.

  1. The key benefits here are access to more than 50 execution routes, as well as powerful trading software like Sterling Trader Pro.
  2. We aren’t impressed with the additional trading features available.
  3. It also offers connectivity to key exchanges in Canada, Mexico, andEurope.
  4. The minimum amount required is $80,000 and there is an asset management fee from 20% charged based upon the NAV growth.
  5. There is also a campaign to become a professional trader which offers a bonus of up to $2000.

Forex ECN

Processing times are instant except for bank wires, which take two to three business days. Withdrawal fees and withdrawal processing times depend on the payment processor, which LimeFX transparently lists on its website and in the back limefx official site office. LimeFX provides massive in-house research for registered clients and via well-trusted third-party provider Trading Central. It remains unclear if LimeFX offers the MT4/MT5 plugin or provides the services via its back office. CQG Trader costs $25 monthly, CQG QTrader $75 monthly, CQG Integrated Client $595 monthly, Sterling Trader Pro, and Lightspeed Trader.

Choose country

The desktop platform I use for complex chart analysis and auto trading. The trading apps are ideal for me to take the markets with me in my pocket and get price alert notifications. LimeFX is a reasonable forex broker for beginners, but not the best we have tested.

Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.

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LimeFX broker review

As mentioned above, LimeFX’s accountstructure differs from the tiered approach common among brokers. Their accounttypes are primarily distinguished by market access. They offer three forextrading account types, as well as a demo account.

It segregates client deposits from corporate funds and offers negative balance protection in its standard trading accounts for retail traders. It complies with ESMA guidelines and MiFID II, and the Cyprus investor compensation fund protects deposits up to 90% with a €20,000 limit. My review did not uncover misconduct, scam, or fraud, and I confidently rate LimeFX as a legit and safe Forex broker. Their website is well-organized, withinformation readily accessible for prospective traders.

As a result, Jus2Trade scores highly in terms of payment options. It’s important to treat day trading stocks, options, futures, and swing trading like you would with getting a professional degree, a new trade, or starting any new career. To ensure we offer traders accurate and current information, our forex broker reviews also undergo rigorous editing and fact-checking.

CQGTrading Platform – CQG offers access to over 40 globalexchanges, providing market data and order routing for futures, options, andtheir combinations. While thebasic desktop CQG platform is free, there are charges for upgraded features anddata packages. LimeFX requires a $3,000 account minimum for trading withthis platform. Finally, for experienced traders, there’sthe MT5 Global account.