20 Dic LimeFx Trading Platforms, Commission, Leverage, Features & more

LimeFx applies different approaches to charging commissions on trading with different exchanges. At the stock market, it could be a commission per share (NYSE, Nasdaq), or per trade (EURONEXT, LSE) On the Forex market, the broker charges a low fixed commission per lot. The company offers special conditions for investment portfolios. Unlike, the traditional “discount” brokerage firms like TD Ameritrade limefx scammers and Scottrade, LimeFx has very little infrastructure, opting for a more lean business to justify their low fees. They offer no advanced trading platforms, research, or on-demand customer service that a traditional discount brokerage firm would. The broker offers various methods for account funding, including bank transfer, Bitcoin, credit/debit card, crypto, Neteller, POLi, PayPal, Skrill, and iDeal.

Account types available for traders on LimeFx

With Internet access and a smartphone with a browser, any customer can use this module for intraday scalping in DOM (Depth Of Market). The low minimum deposit is the broker’s advantage over such competitors as Swissquote. Individual portfolios is an offer to invest in one of five portfolios created by LimeFx. A dedicated specialist from the customer support will be able to advise you on the instruments used for creation of these portfolios. In the table below, we compared the broker’s instruments with the competitors, although some positions cannot be properly compared, as the brokers provide data in different formats. The above information is applicable to MT-5 Global account types, while there may be differences for Forex-ECN account types.

What is the minimum deposit on LimeFx?

The mobile apps and web platforms are useful for those who wish to trade whilst on the go from anywhere at any time. I like the web platform for accessing my account on different devices without needing to install any software. The desktop platform I use for complex chart analysis and auto trading.

IC Markets Review 2024

However, this idea is unlikely to work, because if the broker detects such ‘maneuver’, it can charge additional commission on transfers between accounts. The broker does not charge a deposit fee on all available methods and there is zero withdrawal fee on withdrawals to the account at FINAM bank and UnionPay payment system. Account service fee is $5 per month, but it is only charged if the customer hasn’t had any trades within the specific month. As you can see, LimeFx offers beneficial conditions for trading US stocks, which can only be comparable to Degiro, the discount broker. In the majority of other markets, we estimated the broker’s commissions as high due to a considerable minimum commission per trade. This makes trading small lots of UK, German, Japanese and other countries’ stocks unprofitable.

Forex Assets

1. Brokers brag about their rates, like chat rooms claiming to help thousands of traders.
2. The company now has more than 155,000 clients in over 130 countries.
3. It has strong regulatory credentials, other positive user reviews, and has received a number of industry awards.
4. It provides market access instantly and allows operating and investing in assets, and control account status and withdrawal.

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. You will need to spend a little bit of time getting to know where everything is.

LimeFx Customer Service

The IB is a partner that attracts clients for the broker in exchange for a commission for their operations. Obviously, the particular conditions have to be dealt with by the broker directly. LimeFx does not offer Muslim traders the option of converting any of the three live trading accounts provided to that of an Islamic Account. Alternatively, traders can easily access the trading platforms from their web browser and use their credentials to sign into their LimeFx Demo Account using the designated trading platform’s WebTrader. J2T Copy offers a holistic approach to Forex trading, amalgamating professional insights, user-friendly interfaces, and strategic alignments, tailored to suit both investors and managers. Our platform is designed to be a catalyst for your financial growth, fostering an environment where your investments can flourish and yield desirable outcomes.

The company has 155,000 clients from 130 countries and stands out for its huge suite of instruments and additional features, including a social network, robo advisors and a funded trader programme. 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.

There is exhaustive information about the restrictions on the website of the Cyprus regulator, as the source. At the time when this review was being prepared, citizens of 30 European countries could open an account with the broker. FX and МТ5 Investments are essentially a copy trading service, or investment in the so-called PAMM accounts. What makes LimeFx special for stock market trading is ‘customization’ or expandable list of shares. 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.

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. They offer toll-free phone service, email service, and a live chat bot. Because of their standing as a super discount broker, it would be unreasonable to expect LimeFx’s research suite to stand up to a research-heavy broker like Fidelity. Additionally, this broker is more marketed to the self-directed trader who likely has their own research sources they pull from.

They come with better functionality and are easy to use and access. They both get used to their vast customer-supportive designs and excellent functionalities. It is a reputed, award-winning platform for trading that allows trade executions at reasonable prices. https://limefx.group/ LimeFx has one of the lowest commission rates in the trading industry. At this point in time, you should have developed a pretty good idea of what to expect out of the brokerage in question, and whether or not it will suit your own expectations.

The commission fees are very low, and you’ll also be able to use the platform on all of your main devices (mobile, desktop, the web). User LimeFx reviews will tell you that the platform in question is surely among the better options as far as cryptocurrency purchases are concerned. While J2T doesn’t primarily deal in crypto assets, the brokerage has all of the necessary features that you would expect out of a high-end exchange, and should thus suit most users’ wants and needs. LimeFx offers three flexible account types that accommodate any style of trading and these accounts can also be used as demo accounts, but not as Islamic accounts. Lime Trading (CY) Ltd provides clients with direct access to major global stock and currency markets, catering to both individuals and legal entities. Our business, banking, legal, and accounting procedures adhere to the highest European standards, aimed at minimizing investment risk and maximizing reliability and trust.