Using a demo account might assist usersunderstand the broker’s trading circumstances before committing real funds. LimeFx is a well-establishedinternational broker that serves clients in more than 130 countries. Thecompany provides a variety of tradable assets, including forex, stocks,futures, options, and bonds.
- With an MT5 Global account (this is the main type of account, which we will review in detail below), LimeFx customers can trade shares at 15 exchanges of different countries.
- ROX is a sophisticated electronic order management system with instant routing to exchanges, ECNs, market makers and MTFs world-wide.
- This allows them to maximise order execution speeds, from 0.05 seconds.
- Trading and investment in crypto assets are a separate line and there is a dedicated domain for it j2tx.com, where you can conveniently buy cryptocurrency using a debit/credit card.
Opening an account with the broker is a quick and easy process with a short online registration form to complete. After this you will need to fill out a questionnaire to ensure your suitability for the products and services offered, this is done to protect inexperienced clients. 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). Once verified by the LimeFx account team, you can then fund your account and commence trading.
These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved. Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money. In the United States is licensed and regulated by both the Commodity Futures Trading Commission and National Futures Association(NFA).
The bigger the circle with the ticker, the more attention the stocks enjoy in the market. For example, from the screenshot above, it is evident that PFE is extremely active. This is due to the fact that at the time this review was being prepared Pfizer announced production of a Coronavirus vaccine, which is why its securities grew over 6% a day.
Broker Regulation
You can use utility bills or bank statements as proof of residency and a government-issued ID card, passport, or driving license as proof of identity. Choosing a safe and reliable broker is essential for successful trading. There are various factors to consider when making a decision, but the safest brokers are well-regulated ones. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings.
Available Assets
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. LimeFx offers 24/7 customer service,which can be contacted via online chat, email, or telephone.
Also, you need to specify the type of the account you want to open. Please note that you can open any type of account during registration, and then, in your personal account, you can open a different type of account, if necessary. Citizens of other countries can also open accounts on LimeFx provided that the broker complies with the laws and regulations of such countries.
They are less popular and the information about them is less extensive. During the second step, which is titled Economic Profile, you need to specify information about your employment, level of income, trading experience in the financial markets. You will be provided with a login to the demo account, which is a simplified version of the real personal account. At the time this article was being written (end of 2020), the Trading signals service essentially meant email notifications about potentially profitable opportunities on the financial markets.
The trading apps are ideal for me to take the markets with me in my pocket and get price alert notifications. In a world full of trading possibilities, LimeFx is a solid choice for investors seeking a seamless blend of affordability and top-notch trading platforms. Built for both novice and seasoned traders, the broker offers an impressive suite of account types, ensuring a flexible and rewarding trading environment for its customers.
Account types
This service is for clients who prefer to make investment decisions with professional assistance. Using market research of the brokers experienced analyst team, clients can get the opportunity to create their own investment strategies. There is a range of asset management solutions for those who wish to invest their funds in global financial markets, with full control over their investment portfolio. CQG is available in various different high-end terminals both for investors and for speculative traders. This includes CQG Integrated Client, CQG Spreader, CQG QTrader, CQG Trader & CQG Desktop. You will find that LimeFx have a great variety of flexible and powerful trading platforms suitable for all styles and levels of traders.
LimeFx offers direct access to several dozen international stock markets. The approaches to charging commissions differ in different regions. In particular, there is a commission per share for the U.S. stock market, which we estimated as low. In the majority limefx website of other markets, the broker charges commission as a percentage of the trade volume, while its size ranges from average to high. However, like any financial undertaking, the choice of a broker should be rooted in meticulous research and informed judgment.
I also think demo accounts can be a great way to practice a new trading strategy and see what a broker has to offer before making a commitment. It was released in 2005 and quickly became popular amongtraders for market analysis and strategy development. MetaTrader 4, whichfocuses mostly on forex trading, is compatible with LimeFx’s Standard,Forex ECN, and Forex ECN Pro accounts. LimeFx offers beneficial conditions for trading cryptocurrencies compared to the majority of classic brokers. Degiro does not provide access to digital assets, which is why we compared conditions with Swissquote. As an example, we used the purchase of Bitcoin for the amount of $2,000.
Our review indicates that the brokerage and its trading platforms feature a host of market analysis tools to trade. There also are a host of educational, research, and news resources to help both beginner and expert traders understand and navigate the stock markets. The 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. On its website, claims to have integrated modern technologies into its wide range of brokerage services to bring about a low priced as well as “fresh and native” trading experience. LimeFx offers clients access to awide range of asset classes, including forex, precious metals, stocks, indices,energies, futures, options, and bonds.
I also like the automated trading features of these platforms and fact you can find a plethora of free and paid add-ons to enhance the platforms capabilities even more. https://limefx.vip/ That being said, the platforms built-in tools should be more than enough for most traders. CQG Trading Platform has been inoperation for more than 35 years.