LimeFx Reviews and Comments written by Real Forex Traders

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 discount broker is also a member of the Securities Investor Protection Corporation (SIPC) that insures the investor funds deposited with LimeFx for up to $500,000. Overall then, LimeFx might not be the best fit for a small investor who is just getting started.

Account Minimum

However, higher ratios are available for professionals, thereby proving its efficiency and its status as a trusted trading platform. This browser-based platform has some powerful features which are similar to level II data. ROX helps investors of larger sizes by having direct access to the exchanges in Mexico, Europe, the USA, and Canada. They come with better functionality and are easy to use and access. They both get used to their vast customer-supportive designs and excellent functionalities.

iBROKER Mobile

These platforms are famous for their comprehensive charting tools, user-friendly interfaces, and algorithmic and copy trading support. Additionally, LimeFx offers its proprietary platform, designed to cater to its customers’ specific needs. In a world full of trading possibilities, LimeFx is a solid choice for investors limefx company reviews 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. LimeFx’s commission structure may beattractive to cost-conscious traders.

LimeFx Commission or Brokerage or Fees & are websites under Medmonx Enterprises Private Limited. We are certified stock broker review & comparison website working with multiple partners. Based on the user experience, the following rating and reviews are provided. As discussed already, the minimum balance for keeping an account open is $100. All these accounts have certain area restrictions and are accessible anywhere, excluding a few countries. Each account has a different requirement applying to them and requires different minimum balances for their maintenance and working.

  1. Besides, LimeFx is a member of the Securities Investor Protection Corporation (SIPC) and the Investor Compensation Fund (ICF).
  2. The brokerage offers Basic and Pro accounts, ensuring that both trading enthusiasts and seasoned investors find an accommodating trading environment.
  3. The commission increases to $4 if your balance falls below this level.
  4. Our review indicates that traders on the platform can trade up to 90,000 futures and futures options instruments.

Versatility and Inclusivity in Account Offerings

So, if the broker fails to settle claims of investors or folds up, they are secured up to $500,000 and €20,000 correspondingly. If you leave your account unused over a long period, LimeFx will charge an inactivity fee. So, you want to keep your account active and engaged to avoid withdrawal restrictions.

Shorting Stocks

As such we may earn a commision when you make a purchase after following a link from our website. LimeFx doesn’t charge withdrawal fees, but external payment providers may have their fee structures. For those navigating the ebb and flow of market trends, the trend exploration tools become indispensable, offering a lens into the intricacies of market trajectories. Instrument-specific insights delve deeper, offering granular perspectives on particular trading instruments, amplifying clarity in decision-making.

Please note that full access to all assets isavailable on the MT5 account. The Standard and Forex ECN accounts primarilyoffer CFDs for forex, precious metals, and indices/energies. LimeFx offers traders a robust customer support infrastructure. The broker ensures customers get easily accessible real-time assistance during standard hours (9 – 6 EST) via a live representative. They also extend their reach to cater to queries during extended hours.

This account features a minimum deposit amount of $100, nobrokerage commission, and negative balance protection. LimeFx is an experienced broker that provides a wide variety of services, products, and trading platforms. LimeFx presents a broad market area comprising of a plethora of trading instruments, which includes stocks, ETFs, futures options, futures, bonds, and mutual funds as well.

LimeFx delivers varieties of accounts depending upon the Traders’ financial requirements. A customer needs to have a minimum balance of $2500 to start trading. It offers market and limits orders on close and the time duration for days or extended hours. The demo account enables you to review the orders made and displays market performance and current portfolio as well.

Our review is nonetheless alive to the fact that the LimeFx platform doesn’t have an integrated mutual funds screener. LimeFx offers a wide range of trading instruments with sophisticated platform features catering to both trading newbies and market veterans. The platform’s commitment to user-centric solutions is evident in its diverse account types and focus on creating a practical demo trading experience. Furthermore, its reliable customer support and streamlined deposit and withdrawal methods reinforce its reputation. LimeFx ensures its traders have a robust set of tools at their disposal. The broker also offers a range of trading platforms, like the renowned MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

Transfer of funds through this account takes two to three dates (approximately). They require a holding period of five days before the availability of trading control is provided. It offers market and limits orders on close, and the time duration can be set today or for extended hours.

For those inclined toward commodities, LimeFx provides a diverse asset range, including agricultural and non-agricultural securities. LimeFx’s resources seem to lean more towards basic market data and quantitative trading tools than towards detailed, qualitative research. Besides offering competitive commissions, LimeFx offered one of the lowest margin rates MoneyRates found in its survey.