LimeFx offers traders a robust customer support infrastructure. The broker ensures customers get easily accessible real-time assistance during standard hours (9 – 6 EST) via a live representative. They also extend their reach to cater to queries during extended hours. Details regarding futures trading fees are subject to verification, and potential traders should consult LimeFx’s official platform for accurate, real-time information. Forex trading fees work using spreads to eliminate additional commissions or fees. They also ensure traders get a straightforward trading environment.
So, before diving into LimeFx’s offerings, evaluate the platform based on your goals and preferences. As the financial realm continues to evolve, so does the need for superior trading tools. LimeFx’s platform unfurls a tapestry of innovative features tailored to empower traders. By leveraging push notifications, traders are kept abreast of real-time market shifts and alterations in their portfolios, ensuring they remain at the forefront of every pivotal movement.
In our LimeFx.online review, we have covered how it works, alongside the pros and cons. The broker is most likely to appeal to independent day traders and active swing traders looking to keep costs down while accessing advanced technology and analysis tools. Algorithmic traders may also have an interest in LimeFx given the ease with which APIs and custom automated trading applications can be connected.
- Haynes & Company, which has been a registered broker-dealer since 1981 and has an almost-spotless regulatory disclosure record since then.
- This can be an excellent way to improve your knowledge of the markets and your trading strategy.
- On the other hand, traders are charged commissions starting from 3 USD per lot.
- The brand offers forex, commodities, stocks, ETFs, CFDs, crypto, bonds, futures, and options.
The broker’s customer support service starts with a hugely comprehensive FAQ section that tries to answer most of the common platform user queries. 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. Our LimeFx broker review indicates that traders on the platform can trade up to 90,000 futures and futures options instruments.
Other Trading Fees
Under this plan, the minimum fee and maximum fee per order is $2.50 and $5.50. It should be noted that you are required to maintain a minimum trading balance of $2500. Once your balance falls below $2000, your account will be suspended from trading. The broker also provides a range of trading platforms including MetaTrader 4, MetaTrader 5, CQG, J2TX, and Sterling Trader Pro. LimeFx provide asset management on stock markets of North America and Europe, in collaboration with a leading Russian investment holding, FINAM. Using their trading strategies, the broker can manage client capital by investing in stocks of leading US and global companies that are traded on the major exchanges NYSE, NASDAQ, BATS, etc.
While using LimeFx, our team were impressed with the breadth of trading tools and extra services. In addition, the platform has 11 preconfigured options trade structures available, including butterflies, calendar https://limefx.biz/ spreads, covered calls, iron condors, and straddles. Platform fees vary between $25 and $595, though CQG Desktop is free. Investing in futures and options costs $1.50 per contract per side (buy or sell).
LimeFx offers a wide range of tradable instruments, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks. There are more than 30,000 instruments available through various trading platforms and account types. LimeFx broker offers professional customer support around the clock.
These apps enable traders to execute trades, analyze charts, and manage their accounts from anywhere. The broker’s trading fees are competitive, making it appealing to both novice and experienced traders. The brokerage offers Basic and Pro accounts, ensuring that both trading enthusiasts and seasoned investors find an accommodating trading environment. Forex trading is one of its focuses, with a plethora of currency pairs across major, minor, and exotic trading pairs. The extensive forex trading options make LimeFx a perfect broker for an elevated trading experience. For those inclined toward commodities, LimeFx provides a diverse asset range, including agricultural and non-agricultural securities.
LimeFx Review Navigation
I like this account because it has the lowest spread on MT4 which is important for my automated scalping systems. The FIX API is an electronic communications protocol that was developed for the real-time exchange of trade-related information. It is commonly used by professional traders and allows you to avoid the use of intermediation software. This provides a direct connection to institutional liquidity providers with lower latency and improved fill rates. You will find that LimeFx have a great variety of flexible and powerful trading platforms suitable for all styles and levels of traders. They offer the MetaTrader 4 (MT5), MetaTrader 5 (MT5), CQG & ROX platforms.
The broker also offers a range of trading platforms, like the renowned MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are famous for their comprehensive charting tools, user-friendly interfaces, and algorithmic and copy trading support. Additionally, LimeFx offers its proprietary platform, designed to cater to its customers’ specific needs.
During the registration, you will be required to provide additional information and provide proof of residency along with proof of your identity for verification. You can use utility bills or bank statements as proof of residency and a government-issued ID card, passport, or driving license as proof of identity. Besides, LimeFx is a member of the Securities Investor Protection Corporation (SIPC) and the Investor Compensation Fund (ICF). So, if the broker fails to settle claims of investors or folds up, they are secured up to $500,000 and €20,000 correspondingly. Type “LimeFx 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.
Step 3: Make your deposit and start trading
The web-based platform also has a clean and intuitive interface that displays total profit and loss, plus charting functionality. Note, all clients must be 18 years of age or older limefx reviews to open an account. Judging by standard procedures, new customers may get their accounts activated within a day, depending on the availability and genuineness of their documents.
Trading platforms of LimeFx reviewed
Our experts assess minimum deposits, bonuses, demo accounts, spreads, and more. In our LimeFx broker review, we learn that the broker hosts four proprietary trading platforms and four third party trading platforms. The in-house platforms include the LimeFx+, LimeFx pro, the commission-free LimeFx Lite, and LimeFx mobile apps.