ROX simple yet powerful point-and-click screens enable trading in many marketplaces at the same time. Its speed, simplicity, and record-keeping abilities can help to give traders a performance edge in the marketplace. Admittedly, the registration process for Lime Fx is rather cumbersome. To be fair, that is likely because of the fact that J2T CryptoExchange isn’t primarily a cryptocurrency exchange, but rather a stock-and-other-asset brokerage. They’ve figured out all of the security and certification details a long time ago, and thus, offering fiat-crypto support was likely not an issue.

Kenya Stock Exchange

There is an abundance of high-quality research that covers all financial markets and instruments which can help to inspire trade ideas. It is quick and easy to get started with an account from just $100. Alternatively, you can open a free demo account if you prefer to get a feel for what the broker has to offer. This can be a great way to see if they will meet your specific needs. I think they can be a good choice for anyone who is looking for convenient trading in a regulated environment. Lime Fx offers a wide range of trading instruments with sophisticated platform features catering to both trading newbies and market veterans.

Risk management with Lime Fx

We provide our members with courses of all different trading levels and topics. Our content is packed with the essential knowledge that’s needed to help you to become a successful trader. We could charge more, but we have a pay it forward, give back mentality. We want to feel good about what we do, and the results and reviews speak for themselves.

Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success. Therefore, any trader style should find a suitable platform among the choices. Lime Fx’s platform includes tools to maintain trading discipline. Implement position sizing of 1-2% per trade to prevent significant capital impact from individual losses.

There is something for everyone to trade with thousands of financial instruments available. You will find everything from major currency pairs to stocks of large companies. Trading Central is an award-winning fusion of automated analytics & analyst research that has been supporting traders since 1999 and is available in 32 languages.

With the MT5 Global account, you have access to 50 forex instruments, the Standard account offers 47 pairs and the ECN 45 pairs. With this variety of currency pairs, including majors, minors and exotics, traders won’t be short of opportunities. Based on our tests, Lime Fx is an excellent broker for active forex traders.

Complete training in financial markets such as “Forex,” “Stock Market,” and “Cryptocurrencies” only becomes comprehensive with tested trading tools and strategies. “Trading Finder,” with its experience, aids traders and investors in gaining a correct understanding and deep learning. The training programs are designed based on tools for traders of all levels, from “beginner to advanced.” Traders also have the option to open Islamic and demo accounts with Lime Fx broker to cater to diverse trading needs. The Islamic account complies with Sharia law by eliminating interest charges, making it suitable for Muslim traders.

Trading and investing in financial instruments comes with a high degree of risk and you can lose money. You should only engage in any such activity only if you are fully aware of the relevant risks. Rates, terms, products and services on third-party websites are subject to change without notice.

Free daily mailout of analytical reviews and forecasts for the current date. The broker provides the latest market news from the world of economics and finance. They have a section of their website dedicated to frequently updated news articles. Don’t get me wrong – the registration was definitely not “difficult”, in any sense of the word.

Our testing shows that both MT4 and MT5 support forex trading and provide an excellent suite of technical indicators, charts and analysis tools. Importantly, we find both platforms easy to use with a sophisticated design and a customizable workspace. 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. Our review shows Lime Fx scores less favorably when it comes to withdrawals. Not all deposit options are available – bank transfers, card payments and some e-wallets such as PayPal are supported.

How long does it take to make a withdrawal?

There are no minimum deposit or withdrawal limits for bank wire transfers. Deposits are processed within one business day while withdrawals can take up to 3 days. In this section we’ll show you how to open a live trading account with Lime Fx. The registration process and account activation are fully digital, and the broker’s web page is very initiative and user-friendly. In addition, customer support agents are available 24/7 in case you have any questions.

Customer Service

• While thebasic desktop CQG platform is free, there are charges for upgraded features anddata packages.
• Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.
• Let’s compare the fee policy with other brokers to better understand the difference.
• Before making financial investment decisions, do consult your financial advisor.
• The brokerage also offers FIX (Financial Information Exchange) and REST (Representational State Transfer) APIs.

While Lime Fx advertises 24/7 support, some users have reported occasional delays in response times. Lime Fx operates as a US deep discount brokerage owned by WhoTrades, Inc., a Russian-owned company since 2015. Traders should always note that Overnight fees, otherwise known as swap fees or rollover fees, may be charged for positions held open for longer than a day. limefx website Bank Wire Transfers take anything from a day to a few business days depending on the time the payment was made during the day along with the day of the week. The forex broker holds a license with the Cyprus Securities & Exchange Commission (CySEC). There is a blog, an index of financial terms and a collection of research notes (both a subscription and a historical library).

• The broker has a trading portfolio of 26 major and minor currency pairs.
• This is common in the online trading industry, and while it may be a disappointment to some investors, we do not rank Lime Fx down for this.
• Our evaluation of Lime Fx shows there are limited trading promotions for retail traders.
• MetaTrader 4 is offered with Lime Fx’s Standard, Forex ECN, andForex ECN Pro accounts and can be used as a desktop, mobile, or web app.
• Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications.

Support

Before making any trading related decision, contact a local professional financial advisor. The results from our assessment show that Lime Fx is a good forex broker. Dozens of currency pairs are available with below-average fees, high-quality order executions and access to two leading platforms – MT4 and MT5. I like the variety of payment methods supported by Lime Fx, making the broker easy to use. Accepted funding methods depend on the account type you pick but they include bank wire transfer, credit/debit card, Neteller, Skrill, PayPal, Klarna, FasaPay and other digital wallets. If you’re an experienced active day trader, you may find that Lime Fx has better rates than your current broker.

To ensure we offer traders accurate and current information, our forex broker reviews also undergo rigorous editing and fact-checking. It’s important to treat day trading stocks, options, futures, and swing trading like you would with getting a professional degree, a new trade, or starting any new https://limefx.biz/ career. Each day our team does live streaming where we focus on real-time group mentoring, coaching, and stock training. We teach day trading stocks, options or futures, as well as swing trading.

PLATFORMS

What this means is that the fee is fixed, and won’t be changing around due to some trading volume or any other circumstance. During the registration, you will be required to provide additional information and provide proof of residency along with proof of your identity for verification. 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. However, this broker’s low Trustpilot rating (2.5/5) and limited worldwide availability (only 33 countries) make it not the best option for everyone. The verification process typically takes 1-3 business days, depending on the accuracy and completeness of the submitted documents.