The Bullish Bears team focuses on keeping things as simple as possible in our online trading courses and chat rooms. We provide our members with courses of all different trading levels and topics. Our watch lists and alert signals are great for your trading education and learning experience. LimeFx is a regulated broker in the EU by the (CySEC) Cyprus Securities and Exchange Commission. Type “LimeFx online LTD CySEC” into Google, and the broker’s accreditation will appear. You can also search for the broker’s name in the respective regulator’s digital register.
Forex ECN Pro
LimeFx also makes it possible for its clients to invest and trade more than 3,000 mutual funds listed on its platforms. Our review is nonetheless alive to the fact that the LimeFx platform doesn’t have an integrated mutual funds screener. The broker offers various methods for account funding, including bank transfer, Bitcoin, credit/debit card, crypto, Neteller, POLi, PayPal, Skrill, and iDeal. However, most withdrawals are charged 0.20% – 2.5% of the withdrawal amount.
Trading Instruments Comparison
This provides access to the MetaTrader 5 platform,spreads starting at 0 pips, and a commission of $2 or less. Yes, LimeFx 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.
Customer support of LimeFx
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. 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. Our LimeFx broker review indicates that traders on the platform can trade up to 90,000 futures and futures options instruments.
Tradable Instruments
However, active traders may require a more sophisticated platform. LimeFx offers an array of trading accounts and platforms, plus low spreads and commission charges. The brand is also available in various countries around the world. Its thousands https://limefx.vip/ of instruments and leading tools also separate it from competitors. 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.
Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success. Brokers brag about their rates, like chat rooms claiming to help thousands of traders. Finding the correct broker and subscribing to the right education program took me a long time.
Trading Fees
The web-based platform also has a clean and intuitive interface that displays total profit and loss, plus charting functionality. When comparing LimeFx vs Interactive Brokers, for example, the broker comes out on top in terms of options pricing. Overnight funding fees and other transaction charges, require detailed understanding on the LimeFx platform. Doing so will help you know how the fees work and how to apply them. Transfers in from one account – say the IRA – to the account are free.
With low rates and a suite of platforms, LimeFx aims to meet the needs of various traders. 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. 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. As well as LimeFx’s 50+ stock CFDs, traders can access a huge variety of thousands of stocks traded on US and international exchanges.
The Bullish Bears trade alerts include both day trade and swing trade alert signals. These are stocks that we post daily in our Discord for our community members. For example, the company offers Sterling Trader Pro, Etna Trading Platform, OEC Trader, and CQG Trader.
Note that, for credit card withdrawals from the MT5 Global account, a commission is not charged when refunding to the same card. Deposit times are instant apart from bank transfers, which typically take 2-3 business days. We were pleased to see that the company’s online website is owned by LimeTrading (CY) Ltd, which is limefx official site regulated by the reputable Cyprus Securities and Exchange Commission (CySEC). This means that the level of oversight and supervision on this brokerage is likely to be greater than that of an offshore and unregulated firm. This broker was established in 2007 and now operates in 130 countries with over 155,000 clients.
Exchange and clearing fees may also apply to specific positions. In addition to commission and spreads, swap rates may apply for positions held overnight. These can be positive or negative, depending on the asset and whether it is a long or short position. Our content is packed with the essential knowledge that’s needed to help you to become a successful trader. We are opposed to charging ridiculous amounts to access experience and quality information.
Our live streams are a great way to learn in a real-world environment, without the pressure and noise of trying to do it all yourself or listening to “Talking Heads” on social media or tv. Additionally, LimeFx offers a few mobile apps, including an advanced app for iOS and Android devices and a swipe app. Likewise, the firm offers an iBROKER Mobile App for futures traders. Importantly, the paper trading account lets you test the broker’s platforms and tools before committing real money.
Traders can access a decent range of 60+ major, minor and exotic forex pairs through standard and ECN accounts with tight spreads from 0.5 and 0.0, respectively. Execution speeds are also faster than most competitors at 50ms, which will appeal to active forex day traders. This is a special account for beginners with a lower minimum deposit amount of $100, no brokerage commission and protection against negative balance.
- New York residents can also walk into the broker’s offices at One Penn Plaza in New York.
- This is an account for beginners who want to understand how the currency market works, and practice trading without any financial risk.
- The available trading platform is MetaTrader 5 with a minimum initial deposit of 100 USD.
- In addition to these normal commissions/fees, LimeFx has a few other fees you have to deal with as well.
- Customer service can be reached using the telephone number, email, and live chat on the website.
- 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).
Importantly, these times and minimum requirements are in line with most of the industry. Yes, we work hard every day to teach day trading, swing trading, options futures, scalping, and all that fun trading stuff. But we also like to teach you what’s beneath the Foundation of the stock market. People come here to learn, hang out, practice, trade stocks, and more. Our trade rooms are a great place to get live group mentoring and training.
We do not provide financial advice, offer or make solicitation of any investments. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. Robo-advisor is a globally recognised service that aims to help traders using modern technologies. It is an automated investment adviser for creating and managing an investment portfolio with minimal human intervention.
Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money. In this broker US review, we will be vetting the truthfulness of these claims, analyze the brokerage products and detail the nature of its services. Active traders should be wary, though, of LimeFx’s rudimentary website design and below-par research tools and platform. If you’re an active trader who wants to make sure they can get the most out of their investments, you need the research and a smooth interface by which to do this. LimeFx, despite their great fee structure, simply doesn’t have that.
Its registered address is in Limassol, Cyprus but with offices around the world in Europe and Asia, this is a global broker. LimeFx has also won multiple awards, including the worldfinance.com award for Best Customer Service 2022. We don’t care what your motivation is to get training in the stock market. If it’s money and wealth for material things, money to travel and build memories, or paying for your child’s education, it’s all good. We know that you’ll walk away from a stronger, more confident, and street-wise trader.