The extensive forex trading options make LimeFx a perfect broker for an elevated trading experience. For those inclined toward commodities, LimeFx provides a diverse asset range, including agricultural and non-agricultural securities. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms.
Two out of these named MetaTrader 4 and 5 are well-known because they are most used by the traders. They offer toll-free phone service, email service, and a live chat bot. LimeFx is the first Forex broker to obtain a license from the Bank of Russia limefx scammers at the end of 2015. It is one of the few local currency brokers, along with VTB24 Forex and Gerchik & Co, and Alpari, although the latter is a much larger company. Withdrawal fees are charged depending on the method of withdrawal the trader uses.
- LimeFx has also won multiple awards, including the worldfinance.com award for Best Customer Service 2022.
- LimeFx also makes it possible for its clients to invest and trade more than 3,000 mutual funds listed on its platforms.
- LimeFx+ is a browser-based platform that requires no software download.
- Not only do they offer their own proprietary platforms, but they have access to industry standard platforms like MetaTrader 5.
MetaTrader 4 is offered with LimeFx’s Standard, Forex ECN, andForex ECN Pro accounts and can be used as a desktop, mobile, or web app. LimeFx is an experienced broker that provides a wide variety of services, products, and trading platforms. LimeFx + is their free advanced web-based trading platform, available to all clients.
Mobile Trading
Seize this distinctive opportunity to invest in company shares at the offering price, securing your stake before they commence trading on the exchange. This is your chance to be part of a company’s growth story from its nascent stage in the public market. The fusion of modern technologies and investment strategies within our Robo-advisor service provides a reliable, intelligent approach to investment.
Crypto Trading
Top10stockbroker.com & Indianfranchisereview.com are websites under Medmonx Enterprises Private Limited. We are certified stock broker review & comparison website working with multiple partners. However, LimeFx lacks traditional filters and tools since it caters more to traders who do higher-volume trading. Apart from the few drawbacks that it has, it would be good to say that the new traders or beginners would find it beneficial to use the software and make the most out of the trading options available. The desktop trading platform makes use of images, pins, and phrases for better security of the user and its information. All these accounts have certain area restrictions and are accessible anywhere, excluding a few countries.
The firm may also be suitable for other types of investors due to the range of different trading platforms, although beginners will likely find cheaper deals elsewhere. Although there are companies with lower minimum deposits, this is still a reasonable amount. However, like any financial undertaking, the choice of a broker should be rooted in meticulous research and informed judgment.
Fees & Account Types
Deposits to the ECN account may also be charged a commission of up to 3% (apart from Litecoin deposits, which remain at zero commission). Currency conversion fees may apply if the currency in your bank account or on your card is different from the base currency of your LimeFx account. UK investors can access a range of deposit methods to fund their LimeFx accounts, including https://limefx.group/ traditional payment solutions and cryptos. Automated clearing houses deposits are free and so are withdrawals. 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 LimeFx account and can only be withdrawn via ACH 10 days after the date of deposit or 60 days via check or bank transfer.
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. LimeFx 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.
Payment methods
LimeFx applies a minimum trade size for all its accounts of 0.01 lots (micro lot). Both platforms, MT4 and MT5, are available for desktop as well as mobile versions, Android and iOS, for use on smartphones and Tablets. Investing.co.uk has been helping British traders find the right broker for over 20 years. European regulators have taken a tougher stance on these types of promotions in recent years. While using LimeFx, we noted that some withdrawal methods are only available if you deposited using this method and/or are using the same card. Asktraders is a free website that is supported by our advertising partners.
Since 2010, the company has positioned themselves as the value brokerage. In this review, we’ve taken a look at whether a low fee broker can still provide a high quality service. LimeFx requires a minimum initial deposit of USD 100USD on your standard account.
