The list includes all major pairs, cross rates and some exotic instruments, such as USDILS. Access to the exchanges of Asia and Oceania is average – only 4, albeit rather large, exchanges. On the one hand, the broker does not disclose information about owners, top managers, profit and other data. Contact us directly for further inquiries about our products and services.
Trading Instruments Comparison
Keep in mind that your bank may also charge fees for transactions. However, like any financial undertaking, the choice of a broker should be rooted in meticulous research and informed judgment. While LimeFx’s offerings might resonate with many, aligning your unique trading objectives, strategies, and risk appetite with a broker’s features is pivotal.
Why Lime Trading (CY) Ltd Stands Out:
Traders have access to metals, oil, index CFDs and 47 forex instruments. LimeFx offers a range of trading platforms to support the needs of investors with varying abilities and trading volumes. Our experts tested and reviewed each trading platform in more detail below.
Fact-checking Standards
Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. There are 64 available currency pairs for trading with this broker. However, on Forex and CFD Standard account types, there are only 48 FX pairs. Trading fees on commission-free accounts start from 0.5 pips, which is lower than what most competitors are offering. The broker provides access to trading major, minor, and exotic currency pairs.
This globally acclaimed service stands as a beacon of efficiency, guiding users towards the pinnacle of financial well-being and prosperity. Our partners are integral to our ecosystem, and we are devoted to providing them with the tools, support, and environment needed to thrive in the dynamic world of trading. LimeFx is the first Forex broker to obtain a license from the Bank of Russia at the end of 2015.
- Their selection includes tens ofthousands of individual assets.
- Join the ranks of over 155,000 customers who have already chosen LimeFx’s services.
- While LimeFx’s offerings might resonate with many, aligning your unique trading objectives, strategies, and risk appetite with a broker’s features is pivotal.
- There is a blog, an index of financial terms and a collection of research notes (both a subscription and a historical library).
On a more positive note, our tests show that withdrawal times are in line with competitors, varying between payment methods with e-wallets being instant and bank wires taking up to 5 days. My only criticism is the fees for depositing funds to the ECN account, which don’t stand up against competitors like Pepperstone which doesn’t charge. If you have experience trading with LimeFx please share your personal review of the broker and what you think are strong and weak points. Each profile on Novoadvisor shows full transparency so investors can decide whether a strategy fits their personal needs and expectations. The proprietary platform, Novoadvisor (now known as Lime Financial), gives investors access to the top-performing traders and strategies on the LimeFx network.
LimeFx+ is a browser-based platform that requires no software download. It comes with a customizable interface, access to US exchanges, delayed market depth data, real-time news, and detailed stock information. LimeFx+ allows you to review all your orders and shows your current portfolio and market performance. LimeFx offers access to https://limefx.vip/ bonds, commodities, futures, CFDs, stocks, forex, ETFs, cryptocurrency and options on its main proprietary platform, alongside MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Obviously, LimeFx isn’t your standard cryptocurrency exchange – it has a separate section for an asset and security brokerage, and also a cryptocurrency exchange part, too!
With that said, traders should be aware that the available instruments vary depending on the account you have. For example, the Standard account offers a reduced list of metals and CFDs in addition to forex. The Forex Standard account offers commission-free trading with spreads from 0.5 pips. This is noticeably limefx forex broker tighter than the variable spread accounts at the majority of brokerages. The global social network, WhoTrades, allows traders to construct a personalized feed and discuss ideas, companies/securities, news, and strategies of interest. The service is also accessible to all, not just LimeFx clients.
On the other hand, traders are charged commissions starting from 3 USD per lot. The available platform is MetaTrader 4 (MT4) and similarly to the Standard accounts, traders have access to hedging, automated trading, and phone trading. The maximum number of available Forex pairs is 47 and traders need to deposit at least 200 USD to be able to open the account type. In this review of LimeFx, we’ll discuss the broker’s safety policies and regulations, trading platforms, account types, trading fees, and more. In addition, we’ll guide you through account opening step-by-step.
LimeFx has also won multiple awards, including the worldfinance.com award for Best Customer Service 2022. For the customers, who prefer to work via email, there are 4 subscriptions depending on the markets and frequency of newsletters. The broker’s customers can download a plugin for MT4 to use this information right on the chart of the platform. In order to receive more ideas for trading shares, you need to have a ROX (Global Exchanges) account.