LimeFx Review: Key Features, Pros and Cons

LimeFx phone number

The broker provides access to trading options on US exchanges. The broker’s commission depends on the volume of trading – the higher the number of the contracts, the lower the commission. LimeFx offers direct access to several dozen international stock markets.

LimeFx Customer Service

  • Our testing shows that both MT4 and MT5 support forex trading and provide an excellent suite of technical indicators, charts and analysis tools.
  • They are less popular and the information about them is less extensive.
  • LimeFx+ allows you to review all your orders and shows your current portfolio and market performance.
  • This means that if you want to buy specific shares that are not on the list, you can contact the broker and ask for it to be added to the list and for permission to perform a transaction with it.
  • LimeFx offers its users a wide selection of assets to purchase and trade, in addition to 5 of the main cryptocurrencies.

Our content is packed with the essential knowledge that’s needed to help you to become a successful trader. We are opposed to charging ridiculous amounts to access experience and quality information. If you’ve looked for trading education elsewhere then you’ll notice that it can be very costly. Also, we provide you with free options courses that teach you how to implement our trades as well.

Learn to gain real rewards

To ensure we offer traders accurate and current information, our forex broker reviews also undergo rigorous editing and fact-checking. Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process. This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters. We have been fairly impressed with the customer service provided. Support is available 24/7 which stands up well against competitors we have tested.

Languages and operating hours of customer support:

The brand was acquired in 2015 by WhoTrades Inc, a company that promotes social trading services. This drops to as low as $0.0025 per share for accounts trading in volumes of at least 500k shares a month. 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 don’t care what your motivation is to get training in the stock market.

Forex Accounts

LimeFx phone number

LimeFx does not charge inactivity fees – a levy we see at many forex brokers we review. Meanwhile, the MT5 Global account offers 0.0 pip spreads with an even lower commission of up to $2. This is firmly toward the low end of the forex brokers we review.

The theme is dark by default and during the first login, the system offers you to discover the platform’s interface. Compared to other brokers, LimeFx is significantly behind in terms of available base currencies. Personal account on LimeFx might not be considered to have the purest design or be as user friendly as possible, but its structure is quite intuitive.

This means clients can lose more than their account balance if the markets move against them. First among them, CQG is a platform that is aimed at the more professional segment of the market than MT4/5 and many other typical retail platforms. The platform focuses on options and futures trading via leading international exchanges, and is offered by LimeFx for free for the basic desktop-based version. LimeFx is a full-service financial brokerage company based out of Cyprus, well known as one of the most popular EU jurisdictions for forex brokers. As always in Cyprus, the broker is regulated by the Cyprus Securities and Exchange Commission (CySEC), which in turn is overseen by the European Securities and Markets Authority (ESMA). This account features a minimum deposit amount of $100, nobrokerage commission, and negative balance protection.

Naturally, though, this is true assuming that LimeFx supports that specific cryptocurrency (we’ll get to that in a minute). Crypto exchange fees are usually segmented into three different parts. Deposit fees are, admittedly, a very rare sight to see – most exchanges are void of them. Yes – LimeFx is a legitimate brokerage registered with several respectable regulators and financial authorities, including the CySEC, NFA, FINRA, and Bank of Russia. Over 155,000 traders from more than 130 countries have registered an account with the firm.

Importantly, we find both platforms easy to use with a sophisticated design and a customizable workspace. Our research shows that the MT5 Global account is best for experienced traders. Account holders get tight spreads with a very low commission rate, plus access to the powerful MetaTrader 5 platform. Just 2 Trade offers different methods of deposit, depending on the customer’s account type. However, analysis, research and signals are three different things in the world of financial markets. We contacted customer support for explanation and learned that the information on the page is slightly outdated.

If your friend opens an account with the broker upon your referral, the broker will give you a $6 bonus. And if your friend funds the account, you will get an additional bonus of $29. In fact, your bonus can be even higher, if your friend funds the account for a large amount. A small number of educational materials can be found in the Blog section on the broker’s website. However, these ‘tidbits’ for the beginners can unlikely be viewed as educational services. Analytical materials on Forex, commodity markets and stock indices are posted once a day, closer to the middle of the European session.

The approaches to charging commissions differ in different regions. In particular, there is a commission per share for the U.S. stock market, which we estimated as low. In the majority of other markets, the broker charges commission as a percentage of the trade volume, while its size ranges from average to high. 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.

Remember that being blocked doesn’t necessarily mean the end of the relationship, and there are always other ways to communicate with the person, such as through social media or email. If you’re still not having any luck connecting on Facebook or Instagram, for example, then it is probably a good idea to give your contact some space. Ultimately, it’s important to respect the other person’s decision to block you and move on if necessary. limefx website If your messages are still appearing in the blue bubble, but you’re not getting a response, checking the delivery status is a good way to tell if you’ve been blocked. Underneath each message you send, there should be a small bar of grey text that says “Delivered” if your message went through, or “Read” if the recipient has read receipts turned on. If your past few messages have no status beneath them, it’s possible they’ve been blocked.

In case of positive swap, a certain number of points is accrued to the account, and in case it is negative – the points are written off the account. For better understanding, let’s see how much a trader will have to pay for a $5,000 lot of US, UK and German stocks on the platforms of LimeFx, Degiro and Swissquote. A smart broker with a low initial deposit and the ability to integrate third-party trading programs through the Open API. For 10 months of cooperation with this company, my deposit has doubled! In essence, LimeFx has a deposit and withdrawal structure prioritizing efficiency with no hidden costs.

The MT5 Global account is particularly competitive, with spreads from 0.0 and a commission up to $2, which is significantly lower than most alternatives. LimeFx is a reasonable forex broker for beginners, but not the best we have tested. The $100 minimum deposit is accessible, there is a free demo account and a copy trading app, however there is little in terms of education or beginner-friendly trading tools.

Completing this short overview of QTrader, let us say that CQG Incorporated, as a company producing software for trading at the exchange, was established in 1980. And QTrader is a rather complex product with years of work behind it. In fact, a whole book can be written about the multiple functions of QTrader https://limefx.club/ platform. However, this is not the purpose of our review, so let’s move to CQG Desktop. There are more methods of withdrawal on LimeFx in addition to a bank transfer and in terms of this the broker compares favorably with Degiro. The navigation panel (1) is on the left side of the interface.


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