They cater for retail and institutional clients with the possibility of integrating third-party trading programs through an Open API. To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available.

1. During the registration, you will be required to provide additional information and provide proof of residency along with proof of your identity for verification.
2. I like how there are accounts for different trading styles and flexible payment options fund your account.
3. In this LimeFx broker US review, we will be vetting the truthfulness of these claims, analyze the brokerage products and detail the nature of its services.
4. Overall then, LimeFx might not be the best fit for a small investor who is just getting started.
5. Apart from the low commission rates charged by LimeFx, the broker also offers active traders a selection of advanced trading platforms which they can use to access the financial markets.

The directive contains measures for the organisation and functioning of investment firms, facilitating cross border trading, while creating strategic opportunities. Yes – LimeFx is a legitimate brokerage registered with several respectable regulators and financial authorities, including the CySEC, NFA, FINRA, and Bank of Russia. Over 155,000 traders from more than 130 countries have registered an account with the firm. The proprietary platform, Novoadvisor (now known as Lime Financial), gives investors access to the top-performing traders and strategies on the LimeFx network. Importantly, the paper trading account lets you test the broker’s platforms and tools before committing real money. For options, LimeFx charges a fee between $1.00 and $2.15, depending on the number of contracts.

Competitive and Transparent

Its features include live streaming of price data, detailed info about the stocks available for purchase and a highly customizable interface. You can also make relay time analysis of the markets with this platform. On the other hand, there’s a 2 USD commission per traded lot per side.

Additional Features

LimeFx doesn’t charge withdrawal fees, but external payment providers may have their fee structures. As with all the brokers surveyed though, LimeFx has its particular strengths and weaknesses. Understanding those strengths and weaknesses is a key to recognizing which type of investor might be the best fit for LimeFx.

This can be a possible solution for those of you who do not have the time or knowledge to trade. I personally prefer to trade manually using my own strategies as I like to know when and why a trade was taken. This way I can discover what works for me and areas in which I can improve. Other brokers with managed accounts to consider include Key to Markets. 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.

The available trading platform is MetaTrader 5 with a minimum initial deposit of 100 USD. There are 50 currency pairs available for trading on this account in addition to indices and commodities. LimeFx is a financial services provider operating globally and the broker is regulated in Cyprus. The company was founded in 2007 and since then has managed to attract 155,000 active traders from 130 countries. These can be traded on both the proprietary and third-party trading platforms and their fees are commission-based. 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.

I like how there is no dealing desk intervention as this can prevent there being a conflict of interest as there can be when using a market maker broker. LimeFx offers a wide assortment of markets and instruments, including stocks (both US and international), ADRs, ETFs, futures, commodities, futures, options, forex, and bonds. IPO investing, robo-advisors, and individual investment portfolios are also available, as well as leveraged CFDs. LimeFx is a front-runner among the diverse online brokerages on the market. The broker is ideal for traders seeking an uncomplicated, user-friendly platform for seamless trade execution.

However, those craving advanced features might yearn for more than what the broker offers. In other words, LimeFx is for the pragmatic trader seeking simplicity and efficiency. Overall, the available platforms https://limefx.group/ offered by this broker are great and traders of different needs will easily find what they are looking for. LimeFx offers both investment and market speculation opportunities to its clients.

FINAM Bank and China UnionPay are free, but only ECN accounts are able to use credit cards free of charge. All deposits are free with the MT5 Global and Standard accounts, except Alph-bank which charges a 2.5% commission. ECN accounts incur a 2.25% to 3% commission; Trustly and UnionPay are free to use.

Innovation and Insightfulness in Every Trade

LimeFx are an international online broker offering a great range of trading products and services. Whatever your interests, there is something for everyone to trade in the way that they want to trade it. The broker has been providing online brokerage services since 2006 and are trusted by 155,000+ clients from 130 countries.

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. LimeFx Online Ltd is a broker based in Cyprus and regulated by the CySEC. The brand offers forex, commodities, stocks, ETFs, CFDs, crypto, bonds, futures, and options. LimeFx offers a free demo account with up to $1 million in virtual funds on the online and mobile platforms.

Spreads on this account type start from 0.5 pips with no commission charged. I am impressed how by how they incorporate a high-speed trading infrastructure limefx forex broker with ultra-modern 100G network covering Europe, America, Asia and Russia. This allows them to maximise order execution speeds, from 0.05 seconds.

Once verified by the LimeFx account team, you can then fund your account and commence trading. LimeFx offers an array of trading accounts and platforms, plus low spreads and commission charges. Its thousands of instruments and leading tools also separate it from competitors. LimeFx offers ultra-fast trade executions, low fees and powerful platforms, making it a good pick for day traders. The global social network, WhoTrades, allows traders to construct a personalized feed and discuss ideas, companies/securities, news, and strategies of interest.