The fact you can get free access to it via the broker is great. 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.

Is Lime Fx Regulated?

In the first two stages of the program, traders are placed on a demo/paper account and must meet a profit target while avoiding specific drawdowns and maximum daily loss amounts. If investors successfully pass both steps, they  receive access to a funded real-money account and can trade on the firm’s capital (a monthly subscription fee applies). The global social network, WhoTrades, allows traders to construct a personalized feed and discuss ideas, companies/securities, news, and strategies of interest.

The broker’s trading fees are competitive, making it appealing to both novice and experienced traders. For traders adhering to Islamic finance principles, the broker offers an Islamic (swap-free) account, aligning with Sharia guidelines. The commitment to client security is evident in its provision of segregated accounts, ensuring that the broker separates client funds from its operational finances.

So, if the broker fails to settle claims of investors or folds up, they are secured up to $500,000 and €20,000 correspondingly. Transfers in from one account – say the IRA – to the account are free. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. No – Lime Fx does not accept clients from the United States. This is due to regulatory restrictions and additional requirements. Finally two-factor authentication is enabled while the desktop platform requires user credentials (username, password) as well as a security phrase/image and pin.

Seamless Financial Transactions

I think they could improve further by adding support for some more currencies and crypto deposit like Coinexx. Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites. You may need to verify your account to remove limits on particular methods in some countries. All funds deposited into your trading account must be under the same name as your Lime Fx trading account. Using free market research of Lime Fx’s experienced analyst team, clients get the opportunity to create their own investment strategies. The purpose of the ICF is to secure the claims of covered clients against ICF members through the payment of compensation if the necessary preconditions are fulfilled.

Unique Features

They also extend their reach to cater to queries during extended hours. Opening an account with the broker is a quick and easy process with a short online registration form to complete. After this you will need to fill out a questionnaire to ensure your suitability for the products and services offered, this is done to protect inexperienced clients. If accepted you can then upload your documents to verify your identification (passport, drivers license, etc) and address (e.g. utility bill no older than 3 months). Once verified by the Lime Fx account team, you can then fund your account and commence trading. There is something for everyone to trade with thousands of financial instruments available.

The platform’s commitment to user-centric solutions is evident in its diverse account types and limefx focus on creating a practical demo trading experience. Furthermore, its reliable customer support and streamlined deposit and withdrawal methods reinforce its reputation. Trading Central is an award-winning fusion of automated analytics & analyst research that has been supporting traders since 1999 and is available in 32 languages. It offers robust coverage of 75,000+ instruments to help investors broaden their trading strategies and diversify their portfolios. I think this is an excellent market analysis software that could easily cost thousands as a standalone product.

1. Lime Fx Online Ltd is a broker based in Cyprus and regulated by the CySEC.
2. We don’t care what your motivation is to get training in the stock market.
3. What we really care about is helping you, and seeing you succeed as a trader.
4. MetaTrader is freely available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet).
5. Lime Fx is a discount brokerage founded in 2007 and headquartered in Limassol, Cyprus.

The brokerage offers Basic and Pro accounts, ensuring that both trading enthusiasts and seasoned investors find an accommodating trading environment. This is an account for beginners who want to understand how the currency market works, and practice trading without any financial risk. I also think demo accounts can limefx reviews be a great way to practice a new trading strategy and see what a broker has to offer before making a commitment. Commissions on withdrawals vary, with the highest coming in at 2.8%.

The broker’s customer support service starts with a hugely comprehensive FAQ section that tries to answer most of the common platform user queries. 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. Based on our tests, Lime Fx is an excellent broker for active forex traders.

Yes, Lime Fx offers demo accounts and setting it up is very simple and easy. The broker immediately gives you access to an MT5 user id and password for the web, desktop and mobile app separately along with $100,000 in virtual funds. In our Lime Fx.online review, we have covered how it works, alongside the pros and cons.

It supports the trade of mutual funds, stocks and bonds, ETFs, futures and futures options. Lime Fx ensures its traders have a robust set of tools at their disposal. The broker also offers a range of trading platforms, like the renowned MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are famous for their comprehensive charting tools, user-friendly interfaces, and algorithmic and copy trading support. Additionally, Lime Fx offers its proprietary platform, designed to cater to its customers’ specific needs.

Trading Hours

There is absolutely zero guarantee on the performance when investing in asset management. Read the risk disclaimers on the Lime Fx website and seek independant advice. Lime Fx are an international online broker offering a great range of trading products and services.

Other things to consider include the interest they pay on your uninvested funds, the type of securities offered, the initial investment required, etc. However, like any financial undertaking, the choice of a broker should be rooted in meticulous research and informed judgment. While Lime Fx’s offerings might resonate with many, aligning your unique trading objectives, strategies, and risk appetite with a broker’s features is pivotal. So, before diving into Lime Fx’s offerings, evaluate the platform based on your goals and preferences. Lime Fx doesn’t charge withdrawal fees, but external payment providers may have their fee structures.

Lime Fx is a regulated online broker offering a wide range of products, services, accounts and trading platforms. They provide global traders with competitive trading conditions and fees. 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 Lime Fx+, Lime Fx pro, the commission-free Lime Fx Lite, and Lime Fx mobile apps. They differ in such ways as the depth of their market analysis, access to sophisticated indicators, and platform-based trading costs.

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. The laudable support system is multi-channelled across live chat, email, and phone communication. Customers can also access a wealth of information on the trading platform, including detailed FAQs and tools for answering questions and explaining diverse trading nuances. Lime Fx’s web platform allows traders to access their accounts directly through a browser, ensuring easy access without software downloads.