I like the Lime Fx trading environment for its choice of trading platforms and services, ranking among the best industry-wide. The choice of payment processors is good, but I still need cryptocurrency deposits and withdrawals. While the 30,000+ asset selection looks good on paper, it focuses on equities and CFDs listed on 36 exchanges, making Lime Fx an excellent choice for equity traders. Other sectors need to be included or underrepresented besides the 25 commodity CFDs and futures. Our review indicates that traders on the platform can trade up to 90,000 futures and futures options instruments.
Traders should always use appropriate risk management with leveraged trading to avoid magnified trading losses. Negative balance protection exists for certain account types at this broker, meaning traders with the right account types can never lose more than their deposits. There is something for everyone to trade with thousands of financial instruments available. You will find everything from major currency pairs to stocks of large companies.
However, those craving advanced features might yearn for more than what the broker offers. In other words, Lime Fx is for the pragmatic trader seeking simplicity and efficiency. New York residents can also walk into the broker’s offices at One Penn Plaza in New York. Lime Fx provides massive in-house research for registered clients and via well-trusted third-party provider Trading Central. It remains unclear if Lime Fx offers the MT4/MT5 plugin or provides the services via its back office.
First, I needed an honest, realistic, and affordable education in the stock market. I needed to determine the type of trader I’d be before choosing the right broker. Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications. Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria.
TRADING ROOMS AND LIVE STOCK TRAINING
With low rates and a suite of platforms, Lime Fx aims to meet the needs of various traders. The first option is Joint with Rights of Survivorship (JTWROS), and the second is with Tenants in Common (JTIC)s, which offers custodial and trust accounts. Each account type offers unique features tailored to different trading needs, ensuring that traders can find the most suitable conditions for their style and experience level.
With trading platforms compatible with Windows and Mac desktops, Lime Fx ensures non-mobile traders have a comprehensive trading experience in the desktop environment. For investors who want to trade on the go, Lime Fx provides a seamless mobile trading experience with dedicated applications for Android and iOS devices. These apps enable traders to execute trades, analyze charts, and manage their accounts from anywhere.
Tradier Review 2025
While Lime Fx advertises 24/7 support, some users have reported occasional delays in response times. Overnight funding fees and other transaction charges, require detailed understanding on the Lime Fx platform. Doing so will help you know how the fees work and how to apply them.
- Other brokers with managed accounts to consider include Key to Markets.
- Lime Fx does not levy internal deposit fees; accepted currencies are USD, EUR, RUB, COP, and MXN.
- Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs.
- The Robo-Advisor presents an alternative for long-term investors.
- I think they can be a good choice for anyone who is looking for convenient trading in a regulated environment.
- The broker does not offer services to the United States or any other jurisdiction where such products or services are not permitted.
Trading Fees
In this Lime Fx review, we’ll cover their platform, what they do, and pricing. This broker is a US deep discount brokerage owned by WhoTrades, Inc., a Russian-owned company in 2015. Retirement accounts accepted are traditional, Roth, rollover, and SEP IRAs. As for entities, Lime Fx offers Corporate, Limited Liability, Partnership, and Sole Proprietorship accounts.
Lime Fx Stocks review
Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money. In this broker US review, we will be vetting the truthfulness of these claims, analyze the brokerage products and detail the nature of its services. This should help you form an opinion on the reliability of the online broker and aid your decision on whether to trust them with your cash. Lime Fx does not levy internal deposit fees; accepted currencies are USD, EUR, RUB, COP, and MXN. Processing times are instant except for bank wires, which take two to three business days.
Account types
The company was founded in 2007 and https://limefx.club/ since then has managed to attract 155,000 active traders from 130 countries. If you’re an experienced active day trader, you may find that Lime Fx has better rates than your current broker. Other things to consider include the interest they pay on your uninvested funds, the type of securities offered, the initial investment required, etc.
- If you leave your account unused over a long period, Lime Fx will charge an inactivity fee.
- The brokerage also offers FIX (Financial Information Exchange) and REST (Representational State Transfer) APIs.
- Lime Fx also features in-house managed investment portfolios, available from a $250 minimum investment and a minimum investment period between three to twelve months.
- You may fund the account via ACH, wire transfer, or account transfer.
- These are really top trading conditions that put them up there with industry leaders such as Pepperstone.
ROX users can benefit from competition among a large number of market centres, each of which have their very own special advantages and opportunities. ROX simple yet powerful point-and-click screens enable trading in many marketplaces at the same time. Its speed, simplicity, and record-keeping abilities can help to give traders a performance edge in the marketplace. Lime Fx is a financial services provider operating globally and the broker is regulated in Cyprus.
The daily deposit limit is set at $100,000 and withdrawals capped at $25,000. These amounts can take up to 7 business days to reflect in your Lime Fx account and can only be withdrawn via ACH limefx forex broker 10 days after the date of deposit or 60 days via check or bank transfer. The discount broker further provides limited ETF-related educational and research reports. Traders can withdraw money via the secure and user-friendly back office, which lists all available withdrawal methods.
The broker provides access to trading major, minor, and exotic currency pairs. The US brokerage employs a market maker straight-through processing (STP) broker model. It supports the trade of mutual funds, stocks and bonds, ETFs, futures and futures options. On its website, claims to have integrated modern technologies into its wide range of brokerage services to bring about a low priced as well as “fresh and native” trading experience. CQG is available in various different high-end terminals both for investors and for speculative traders.
It’s important to treat day trading stocks, options, futures, and swing trading like you would with getting a professional degree, a new trade, or starting any new career. Lime Fx offers trading services through Forex and CFD Standard, Forex ECN, and MT5 Global accounts. These accounts have variable spreads from 0.0 pips and trading commissions from $2 per lot.