LimeFx Review: Key Features, Pros and Cons

LimeFx contact

Our commitment to excellence is reinforced by rigorous regulation from esteemed authorities, including the NFA, CySEC, FINRA, and the Bank of Russia. Established in 1994, LimeFx has evolved into a premier brokerage firm offering a staggering array of 128,000 tradable instruments. Our vast portfolio encompasses stocks, currencies, options, futures, scammed by limefx CFDs, bonds, and cryptocurrencies, ensuring our clients have diverse investment opportunities. In our 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.

Free Trading Courses

The Bullish Bears trade alerts include both day trade and swing trade alert signals. These are stocks that we post daily in our Discord for our community members. For example, the company offers Sterling Trader Pro, Etna Trading Platform, OEC Trader, and CQG Trader. The brokerage also offers FIX (Financial Information Exchange) and REST (Representational State Transfer) APIs. For the customers, who prefer to work via email, there are 4 subscriptions depending on the markets and frequency of newsletters.

STOCK TRADING SERVICE

This provides access to the MetaTrader 5 platform,spreads starting at 0 pips, and a commission of $2 or less. This account features a minimum deposit amount of $100, nobrokerage commission, and negative balance protection. 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.

Our Forex Accounts

At the time this article was being written (end of 2020), the Trading signals service essentially meant email notifications about potentially profitable opportunities on the financial markets. The signals are developed by the analysts of the partner (or, better, mother) company FINAM. You can see how the signals are sent and the examples of previous signals on the page by clicking on “Check Previous Ideas”. The line of financial products for passive income is a very strong suit of LimeFx. We have not discovered any confirmed facts or scandals that blemish the broker’s reputation. The regulators of other countries, for example British FCA, where LimeFx ONLINE LTD offers its services, are aware of its operation.

LimeFx contact

  1. It is known for its user-friendly interface and implemented trading tools.
  2. Before starting the procedure of account opening, you need to provide basic information (phone number, email, and full name).
  3. One of the common electronic payment networks in the United States.
  4. If you can’t find the information on the website and the managers of the call center cannot help you, you need to write an email.
  5. You can select your base country when you sign up for a new account.
  6. With trading platforms compatible with Windows and Mac desktops, LimeFx ensures non-mobile traders have a comprehensive trading experience in the desktop environment.

The list of coins available on J2t is on the screenshot below (also support of Stellar XLM was announced). Trading and investment in crypto assets are a separate line and there is a dedicated domain for it j2tx.com, where you can conveniently buy cryptocurrency using a debit/credit card. The information about IPO is updated regularly on the website and the customers have access to purchase shares before they are in free circulation at the exchange.

LimeFx contact

LimeFx Trading Information 2024

As a result, Jus2Trade scores highly in terms of payment options. MetaTrader and CQG have intuitive mobile apps that LimeFx clients can access for free. These provide many of the same features you would find on the desktop and web versions but they allow traders to invest from wherever they are in the world.

Judging by standard procedures, new customers may get their accounts activated within a day, depending on the availability and genuineness of their documents. Like some of its major competitors, LimeFx aims to educate its users through various learning resources. However, while LimeFx has taken the step of elevating its users’ trading experience, it still has much to do to stand shoulder-to-shoulder with the best brokerages.

Transfer of funds through this account takes two to three dates (approximately). They require a holding period of five days before the availability of trading control https://limefx.club/ is provided. One of them is -trade schedule with equity transactions costing $2.50. With customizable charts and real-time data streaming, it is browser-based.

Noteworthy, compared to cryptocurrency exchanges, the brokers offer worse conditions. A number of brokers offers their customers from Muslim countries a swap free option. Competitive commissions and fees and a wide range of available markets are the key advantages of LimeFx. The rest of this review will explore theofferings, accounts, and trading conditions available from LimeFx ingreater detail. The laudable support system is multi-channelled across live chat, email, and phone communication.

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 review indicates that traders on the platform can trade up to 90,000 futures and futures options instruments. These are drawn from virtually every market within the finance and securities industry including stocks, indices, currencies, and commodities. Unlike most other trading products listed here, futures and futures options trading are lightly covered in the broker’s educational resources and research reports.

The company is a FINRA registered broker-dealer and a member of the SIPC and NFA. While using LimeFx, our team were impressed with the breadth of trading tools and extra services. LimeFx is licensed by NFA, FINRA, Bank of Russia, and is a CySEC regulated broker-dealer. CySEC regulation is quite rigorous, requiring segregated funds, KYC checks, and financial compensation schemes. Platform fees vary between $25 and $595, though CQG Desktop is free.

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 LimeFx Pro charges $2.50 per trade but are commission-free on the LimeFx lite platform. LimeFx is a globally renowned online securities trader that best describes itself as a deep discount brokerage house. The brokerage was launched in 2006 in Washington DC by Success Trade Securities.

With this live account, you cannot trade CFDs on shares, stocks, futures and bonds. For options, LimeFx 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), LimeFx offers competitive costs. In the United States is licensed and regulated by both the Commodity Futures Trading Commission and National Futures Association(NFA). The discount broker is also a member of the Securities Investor Protection Corporation (SIPC) that insures the investor funds deposited with LimeFx for up to $500,000.

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