LimeFx Review Should LimeFx Be Your Forex Broker?

Mousing over a strike price displays the intrinsic and time values of an option in graph format. LimeFx offers several platforms and doesn’t charge a dime for any of them. & are websites under Medmonx Enterprises Private Limited. We are certified stock broker review & comparison website working with multiple partners.

Based on our findings, for Forex instruments the brokerage commission equals $2 per lot and the margins from 2% and lower. 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 LimeFx trading account. LimeFx offer professional customer support 24/7 via online chat, telephone and email.

Learn to Trade

The trading apps are ideal for me to take the markets with me in my pocket and get price alert notifications. LimeFx is a seasoned broker with a broad choice of products, services, accounts, and trading platforms to offer its clients. They are regulated and provide trading conditions and charges that are competitive in the market. Our LimeFx broker 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. Our LimeFxr broker review indicates that the brokerage and its trading platforms feature a host of market analysis tools to trade.

Alike, trading futures or options through CQG will cost you $1.50 commission per side. LimeFx fails in a few areas, not least of which is customer service. Nevertheless, frequent traders who won’t need much assistance can benefit from the broker’s generous stock, options, and futures commission plans. Sterling Trader Pro is another platform that is available to LimeFx customers.

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  • The investor’s compensation fund has LimeFx as one of its members.
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  • LimeFx offers several customizable and sophisticated trading platforms that are appropriate for traders of different styles and levels.
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  • 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.

Our review indicates that traders on the platform can trade up to 90,000 futures and futures options instruments. LimeFx broker offers professional customer support around the clock. The broker’s customer support service starts with a hugely comprehensive FAQ section that tries to answer most of the common platform user queries.

How many instruments can I trade with LimeFx?

The following review will go into
greater detail regarding what to expect when trading with LimeFx. Transfers in from one account – say the IRA – to the account are free. Transfers in from one account – say the IRA – to the LimeFx account are free.

The directive contains measures for the organisation and functioning of investment firms, facilitating cross border trading, while creating strategic opportunities. While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest. In order to be sure that LimeFx is not a scam, read our trader reviews and check other popular trading related websites and forums. LimeFx does not charge any deposit fees but withdrawal fees are charged on some payment methods. Ryan is a day trader with over a decade of market experience ranging from basic investing to active day trading. Over the years, he has tried tons of trading services and aims to educate other traders so they can make the smartest decisions.

Account transfers:

New York residents can also walk into the broker’s offices at One Penn Plaza in New York. LimeFx deposits are free of charge, however, for withdrawals, there might be some commissions depending on the funding method the trader chooses. Withdrawal requests are processed within 1-5 days depending on issuing bank. LimeFx provides traders with competitive floating spreads starting from 0 pip. Based on our finds, the average spread for EUR USD is 0.5 pips with all costs included, and ECN account for active traders features raw spread plus $3 commission per lot. LimeFx offers its clients access to trade Forex, Stocks, Futures, Bonds, Metals, Options, and CFDs on Shares, Energy, Indices, and Cryptos.

LimeFx is an experienced broker that provides a wide variety of services, products, and trading platforms. MetaTrader is a famous trading platform developed by MetaQuotes (Russian Software Company) and used by many traders worldwide. It is well-known for its easy-to-use interface and trading tools. MetaTrader is available for free on the desktop (Windows/Mac), online, and mobile (iPhone/iPad/Android/Tablet).

It is easy to start

Our LimeFx review will discuss some of the most crucial factors to consider when selecting the ideal brokerage for online trading. In our LimeFx broker 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. Some of their shared features include real-time access to the US exchange markets, access to real-time quotes, customizable interfaces, and the fact that they host several technical indicators. They differ in such ways as the depth of their market analysis, access to sophisticated indicators, and platform-based trading costs. In our review, we learn that the broker hosts four proprietary trading platforms and four third party trading platforms.

We do not present any investment advice or guarantees for the accuracy and reliability of the information. According to its regulation, LimeFx is subject to various restrictions on how to operate the trading process. LimeFx which is owned by LimeTrading (CY) Ltd operates through its registered office in Cyprus and is authorized and regulated by CySEC. For the Cons, there are some limitations in education, and sometimes will be required third-party software for certain research tools. Using free market research of LimeFx’s experienced analyst team, clients get the opportunity to create their own investment strategies.

The Forex ECN account offers forex, precious
metals, and indices/energies as CFDs. Those assets range from the usual forex
offerings to stocks, futures, options, and even bonds. Broker maintains up to 14 different types of user accounts on its platform. All the above are broker-assisted limefx scam plans and also include an additional fee of $20 per trade. LimeFx maintains up to 14 different types of user accounts on its platform. LimeFx also offers partnership programs for institutional trading and for individuals who want to become introducing brokers (IB).


OEC Trader is a desktop platform that is designed for futures trading. The order system is able to use multiple tickets, and RSS news feed is integrated. In this LimeFx review, we determine that they offer good value in the way of software offerings, good commission prices, and offerings that just about match the rest of the industry. The company is working in the correct direction for development. However, LimeFx lacks traditional filters and tools since it caters more to traders who do higher-volume trading.