LimeFX broker review

Robo-advisor is a globally recognised service that aims to help traders using modern technologies. It is an automated investment adviser for creating and managing an investment portfolio with minimal human intervention. Investment portfolios are calculated individually for each client, based on the results of a questionnaire with 8 questions to determine your preferred risk preferences. We have a basic stock trading course, swing trading course, 2 day trading courses, 2 options courses, 2 candlesticks courses, and broker courses to help you get started. We also offer real-time stock alerts for those that want to follow our options trades. You have the option to trade stocks instead of going the options trading route if you wish.

Withdrawals typically take 2-3 business days, though Skrill andPayPal may process within the same day, and credit card withdrawals can postwithin 5-10 minutes. There are usually no deposit fees but banks may charge a third-party fee for wire transfers. Deposits to the ECN account may also be charged a commission of up to 3% (apart from Litecoin deposits, which remain at zero commission). Currency conversion fees may apply if the currency in your bank account or on your card is different from the base currency of your LimeFX account.

Traders placing a high volume of positions will also find the fees very reasonable. Trading hours with LimeFX depend on the market in question. Forex hours are generally Sunday evening until Friday evening, whereas stock markets are often only open during the day, Monday-Friday. Crypto, on the other hand, is active 24/7 due to its decentralised nature. Lime Trading (CY) Ltd – the owner of LimeFX – is regulated by CySEC and subject to oversight from the European Securities and Markets Authority (ESMA). The company is also a member of the Investor Compensation Fund (ICF), which provides compensation to eligible clients if the firm is unable to meet its obligations.

Forex Tools

The broker provides access to trading major, minor, and exotic currency pairs. I like that LimeFX offers eight trading platforms, which ensures traders and investors get one suitable for their preferred strategy. The choice limefx official site of trading services is also excellent, offering clients four competitive methods for portfolio management. LimeFX offers a wide range of instruments for trading, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks. Trading fees are low and there’s a variety of trading platforms to choose from.

Deposit times are instant apart from bank transfers, which typically take 2-3 business days. This means that the level of oversight and supervision on this brokerage is likely to be greater than that of an offshore and unregulated firm. This broker was established in 2007 and now operates in 130 countries with over 155,000 clients. Its registered address is in Limassol, Cyprus but with offices around the world in Europe and Asia, this is a global broker. LimeFX has also won multiple awards, including the worldfinance.com award for Best Customer Service 2022. Match any two of these requirements to qualify as a professional client.

  1. The minimum deposit is $100 for the Forex and CFD Standard and MT5 Global account and $200 for the Forex ECN option.
  2. Copy traders can diversify via the proprietary J2T Copy service, which requires a low minimum capital requirement of $100.
  3. They also offer traders the chance to find out if the broker suits their strategy before committing funds.
  4. The minimum investment is $1,000 with a 4% participation fee.

Additional Features

Therefore, any trader style should find a suitable platform among the choices. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. They have mobile-optimized charts, multiple order types and facilitate one-click trading. The company now has more than 155,000 clients in over 130 countries. This is a good indication that the brand is a large, legitimate brokerage.

Trading Instruments Comparison

LimeFX broker review

ROX simple yet powerful point-and-click screens enable trading in many marketplaces at the same time. Its speed, simplicity, and record-keeping abilities can help to give traders a performance edge in the marketplace. Our chat rooms will provide you with an opportunity to learn how to trade stocks, options, and futures. You’ll see how other members are doing it, share charts, share ideas and gain knowledge. We have been fairly impressed with the customer service provided.

Outstanding Platform for Trading: LimeFX Rocks!

Personal account security on LimeFX is strengthened by two-factor authentication (2FA). The broker can also restrict account access limefx if it believes security has been breached. In addition, professional traders can benefit from a bonus of up to £2,000 when topping up funds in their accounts. Virtual accounts are excellent for beginner investors, as well as more experienced clients looking to test a new trading strategy.

There is absolutely zero guarantee on the performance when investing in asset management. Read the risk disclaimers on the LimeFX website and seek independant advice. This service is for clients who prefer to make investment decisions with professional assistance. Using market research of the brokers experienced analyst team, clients can get the opportunity to create their own investment strategies. There is a range of asset management solutions for those who wish to invest their funds in global financial markets, with full control over their investment portfolio. Trading Central is an award-winning fusion of automated analytics & analyst research that has been supporting traders since 1999 and is available in 32 languages.

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