If you find that your country is not accepted, please feel free to take a look at our broker ratings for another option. Lime Fx is the first Forex broker to obtain a license from the Bank of Russia at the end of 2015. It is one of the few local currency brokers, along with VTB24 Forex and Gerchik & Co, and Alpari, although the latter is a much larger company. We have a phone, an email and, a very interesting, online chat and a service that with a single button you access a live call via the web. We found this last service interesting and novel since almost no broker has it. At the core of our offerings, lies a suite of distinctive advantages meticulously designed to elevate your trading experience to unprecedented heights.

Market Analysis Tools

• In other words, Lime Fx is for the pragmatic trader seeking simplicity and efficiency.
• Add to this paying for expensive software while I was supposed to learn how to succeed as a trader.
• The brokerage offers Basic and Pro accounts, ensuring that both trading enthusiasts and seasoned investors find an accommodating trading environment.
• ROX is a sophisticated electronic order management system with instant routing to exchanges, ECNs, market makers and MTFs world-wide.
• All funds deposited into your trading account must be under the same name as your Lime Fx trading account.

You will find everything from major currency pairs to stocks of large companies. Unfortunately, they do not currently support crypto trading. You can take a look at Vantage if you wish to trade cryptos. 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.

What did our traders think after reviewing the key criteria?

Lime Fx has a wide range of markets to invest in, including various securities and derivatives. Traders placing a high volume of positions will also find the fees very reasonable. Lime Fx is owned by Lime Trading (CY) Ltd, which is regulated by CySEC and ESMA. It is also a member of limefx forex broker the Investor Compensation Fund, which provides additional protection to customers should the broker be unable to meet its obligations. On the downside, the brokerage isn’t licensed by the FCA. Trading platforms often have their own security features.

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. On the downside, the company doesn’t hold a license with the UK’s Financial Conduct Authority (FCA). ForexBrokersOnline.com earns money from affiliation deals with our partners.

Lime Fx Deposit & Withdrawal Options

In addition, customer support agents are available 24/7 in case you have any questions. In addition to these platforms, there is also ROX, which provides access to US stocks and options exchanges. However, like any financial undertaking, the choice of a broker should be rooted in meticulous research and informed judgment. While Lime Fx’s offerings might resonate with many, aligning your unique trading objectives, strategies, and risk appetite with a broker’s features is pivotal.

• It allows investors to have access to markets without actually trading on their own.
• They both get used to their vast customer-supportive designs and excellent functionalities.
• You can get direct access to a huge range of markets with low commissions, instant execution and maximum liquidity.
• Minimum withdrawal amounts also apply to certain processing methods.
• Second, the Per Share Plan, which caters to high-volume traders, charges tiered rates per share.
• In the United States is licensed and regulated by both the Commodity Futures Trading Commission and National Futures Association(NFA).

Lime Fx Commissions, Fees, and Account Requirements

Our partners cannot influence our reviews, nor can they pay us to bias our rankings. Importantly, during our tests, the live chat was quick and easy to use with responses in less than a minute and email responses within 24 hours. With that said, there is a ‘Contests’ tab in the broker’s platform which can be monitored for the opportunity to win prizes.

Lime Fx launches debit cards for clients

We are opposed to charging ridiculous amounts to access limefx broker reviews experience and quality information. Lime Fx is a regulated broker in the EU by the (CySEC) Cyprus Securities and Exchange Commission. We may receive commissions on purchases made from links in this article.

The key benefits here are access to more than 50 execution routes, as well as powerful trading software like Sterling Trader Pro. Lime Fx provides a free, web-based platform that’s more advanced than most brokerage platforms. You get real-time streaming data and analysis and level II market data.