The fees and commission policies are not clearly defined on the website. However, it is mentioned in the trading commissions section that all trading transactions will have a 2.5% commission rate per trade. Comparatively, we can say that the commission charged by LimeFx is relatively low compared to other brokers. The AFM evaluation has set standard criteria for the evaluation procedure of various brokerage firms. Since there are few decisive indicators of an effective and competent online broker, each broker is measured and examined through this yardstick.

We are certified stock broker review & comparison website working with multiple partners. As discussed already, the minimum balance for keeping an account open is $100. Each account has a different requirement applying to them and requires different minimum balances for their maintenance and working. Reduction in FORTS rate, Zero Commission, Zero Rates in the MICEX market, etc. are beneficial deals that LimeFx offers. The platform further has already-configured options, including Covered Calls, Iron Condors, etc.

  • I like this account because it has the lowest spread on MT4 which is important for my automated scalping systems.
  • In this LimeFx broker review, we vet its reliability and look at how trimmed trading costs have affected this deep discount broker’s effectiveness and competitiveness.
  • Note, all clients must be 18 years of age or older to open an account.
  • CQG is available in various different high-end terminals both for investors and for speculative traders.

Algorithmic traders may also have an interest in LimeFx given the ease with which APIs and custom automated trading applications can be connected. These can be traded on both the proprietary and third-party trading platforms and their fees are commission-based. LimeFx is an experienced broker that provides a wide variety of services, products, and trading platforms.

#2 LimeFx futures and futures options review

Forex trading is operationalized on a spread basis, eliminating the necessity for additional commission fees and ensuring a straightforward trading environment. J2T is an excellent broker that provides all the necessary tools for quality trading. All these accounts have certain area restrictions and are accessible anywhere, excluding a few countries.

If you are an institutional trader then you will be impressed with the FIX API connectivity and managed accounts whereas there is the professional account option. If you are looking for a convenient way to trade the markets, I would certainly give them further consideration. Along scammed by limefx with the security of investment and funds, the second advantage of LimeFx is that it provides trading options in many asset classes. Even when major online brokers do not offer trading options in futures and bonds, LimeFx also provides services for these assets as well.

Free daily mailout of analytical reviews and forecasts for the current date. The broker provides the latest market news from the world of economics and finance. They have a section of their website dedicated to frequently updated news articles.

  • Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, becoming a Digital Landlord is for you.
  • A more in-depth explanation of the Per-Trade plan can be found in the Spreads & Commissions subsection.
  • Alternatively, you can open a free demo account if you prefer to get a feel for what the broker has to offer.
  • The order system is able to use multiple tickets, and RSS news feed is integrated.

Even though the broker claims to provide instant withdrawal options to the customers, the customer’s reviews state otherwise. Many clients have disapproved of the withdrawal services of this broker. Generally, the customer reviews we came across were positive in nature.

Table of Contents

LimeFx offers customer service on a
24/7 basis, better than what you’ll find at most other brokers. Customer
service can be contacted via an online chat function, through email, or via
telephone. Education and research at LimeFx are primarily offered
through a partnership with Trading Central.

Withdrawal Fee

Among these brokers, LimeFx fits the criteria of an online broker worthy of small or large investments. Hence, for profitable trading one can rely on LimeFx brokerage services. The SterlingTrader Pro platform is
truly the platform for professional traders. Used by proprietary trading firms
and active traders all over the world, Sterling Trader® Pro gives traders the
performance and functionality they need to compete in today’s markets.

These trading platforms are known for their comprehensive charting tools, user-friendly interface, and support for algorithmic and copy trading. Additionally, LimeFx offers its proprietary platform, designed to cater to the specific needs of its clientele. Regardless of these differences in many ways, both these films are also very similar.

Best offers

LimeFx are an international online broker offering a great range of trading products and services. Whatever your interests, there is something for everyone to trade in the way that they want to trade it. The broker has been providing online brokerage services since 2006 and are trusted by 155,000+ clients from 130 countries. They cater for retail and institutional clients with the possibility of integrating third-party trading programs through an Open API. To evaluate brokers, we test the accounts, trading tools and services provided.

The brokerage house promises “high speed with reliable operations.” Presumably, this one should deliver executions and data faster than its browser-based cousins. Historical data can be obtained from the platform, and multiple https://limefx.vip/ order types are available. As the name implies, it has fewer features and would be good for someone who primarily trades from charts. The Standard account offers forex, precious metals, and
stocks/indices/energies as CFDs.

For these reasons, we can say that LimeFx is a good choice for any day trader, long-term investor, or even large-scale financial institution giving the best of services in the brokerage industry. Even though LimeFx is an offshore broker regulated with only a single-tier commission yet it has been successful in maintaining its position as a reliable broker. Similarly, with many other brokerage platforms giving tough competition in the industry, LimeFx has withheld its customers and is growing as a company.