People come here to learn, hang out, practice, trade stocks, and more. Our trade rooms are a great place to get live group mentoring and training. 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 Lime Fx minimum deposit amount to open an account is $100. However, a minimum balance of $2,500 is required to begin trading.
- The laudable support system is multi-channelled across live chat, email, and phone communication.
- This is due to regulatory restrictions and additional requirements.
- For example, the company offers Sterling Trader Pro, Etna Trading Platform, OEC Trader, and CQG Trader.
Versatility and Inclusivity in Account Offerings
As such we may earn a commision when you make a purchase after following a link from our website. Instead, I spent hundreds of dollars a month gobbling the goo of the goo-roos. Add to this paying for expensive software while I was supposed to learn how to succeed as a trader.
How To Open A Lime Fx Account
Lime Fx recently improved its demo trading environment with enhanced features, making virtual trading on it more aligned with actual market conditions. 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 Lime Fx a perfect broker for an elevated trading experience. For those inclined toward commodities, Lime Fx provides a diverse asset range, including agricultural and non-agricultural securities.
Demo Account
The brokerage also provides access to several third-party platforms, including Sterling Trader Pro, CQG, ROX, and the iBroker mobile app, with access to demo versions. For options, Lime Fx charges a fee between $1.00 and $2.15, depending on the number of contracts. For investors trading options in non-trivial volumes (i.e., beyond 10 per month), Lime Fx offers competitive costs. This drops to as low as $0.0025 per share for accounts trading in volumes of at least 500k shares a month. Traders can access a decent range of 60+ major, minor and exotic forex pairs through standard and ECN accounts with tight spreads from 0.5 and 0.0, respectively. Execution speeds are also faster than most competitors at 50ms, which will appeal to active forex day traders.
Lime Fx Review
Lime Fx doesn’t charge withdrawal fees, but external payment providers may have their fee structures. Judging by standard procedures, new customers may get their accounts activated within a day, depending on the availability and genuineness of their documents. For those navigating the ebb and flow of market trends, the trend exploration tools become indispensable, offering a lens into the intricacies of market trajectories. Instrument-specific insights delve deeper, offering granular perspectives on particular trading instruments, amplifying clarity in decision-making.
Generic Trade Broker Review 2024
Our watch lists and alert signals are great for your trading education and learning experience. 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.
Lime Fx 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. However, customer support isn’t limited to regular work hours. They also extend their reach to cater to queries during extended hours.
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. Lime Fx offers a wide range of trading instruments with sophisticated platform features catering to both trading newbies and market veterans. The platform’s commitment to user-centric solutions is evident in its diverse account types and focus on creating a practical demo trading experience. Furthermore, its reliable customer support and streamlined deposit and withdrawal methods reinforce its reputation. Also makes it possible for its clients to invest and trade more than 3,000 mutual funds listed on its platforms.
Transfers in from one account – say the IRA – to the account are free. We are opposed to charging ridiculous amounts to access experience and quality information. We have members that come from all walks of life and from all over the world.
Like stocks, these too can be traded on both their proprietary and third-party trading securities trading platforms. Our review is nonetheless alive to the fact that its platform limefx reviews doesn’t have an integrated mutual funds screener. Lime Fx is a globally renowned online securities trader that best describes itself as a deep discount brokerage house.
It also comes with the ability to support real time pricing and have technical indicators built into the platform. Its features include live streaming of price data, detailed info about the stocks available for purchase and a highly customizable interface. You can also make relay time analysis of the markets with this platform. Our review further indicates that you can also trade and invest in ETFs that are currently trading on the US exchanges. These can only be traded on the broker’s proprietary trading platforms where Lime Fx Pro charges $2.50 per trade but are commission-free on the Lime Fx lite platform.
Lime Fx provides a free, web-based platform that’s more advanced than most brokerage platforms. You get real-time streaming data and analysis and level II market data. Also, the layout is customizable, https://limefx.vip/ with over a dozen widgets available to open or close anytime. For example, widgets include charting, orders, basket orders, option chains, market depth, news, stock info, and watch list windows.
Lime Fx+ allows you to review all your orders and shows your current portfolio and market performance. As well as Lime Fx’s 50+ stock CFDs, traders can access a huge variety of thousands of stocks traded on US and international exchanges. The chance to build an investment portfolio and benefit from dividends sets Lime Fx apart from most CFD brokers.
