Balmoral College

With a strong background in finance and technology, Nathan’s expertise shines through in his well-researched articles and thought-provoking analysis. He holds a degree in Economics from the University of Chicago, and his passion for cryptocurrency drives him to stay up-to-date with the latest industry trends and developments. 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.

  • This service is for clients who prefer to make investment decisions with professional assistance.
  • A number of top Russian brokers are ready to provide financing for the purchase of shares at less than 10% annual interest.
  • LimeFx is a seasoned broker with a broad choice of products, services, accounts, and trading platforms to offer its clients.
  • The commission increases to $4 if your balance falls below this level.
  • I was also disappointed in the platform’s lack of research tools.

Withdrawal fees vary by quite a bit, and usually depend on two separate factors – the exchange itself, and the blockchain of a specific cryptocurrency that you want to withdraw. Undoubtedly, fees are going to be one of the most important aspects to look into when trying to decide which crypto exchange or brokerage will suit your wants and needs the best. Coincidentally, one of the first benefits you’ll find mentioned among are the fees available with this brokerage.

# LimeFx Stocks review

The per-share plan apparently is designed for day traders, as it has a minimum balance requirement of $25,000. It also charges a monthly fee of $333, although this rather uncomfortable charge is reduced by any commissions paid during the month. This is a special account for beginners with a lower minimum deposit amount of $100, no brokerage commission and protection against negative balance. Spreads on this account type start from 0.5 pips with no commission charged.

As such we may earn a commision when you make a purchase after following a link from our website. All the above are broker-assisted plans and also include an additional fee of $20 per trade. Yes, LimeFx is a regulated broker holding a trading license from the Cyprus Securities and Exchange Commission (CySEC). Nevertheless, I was impressed with some of the features available.

MT5 Global account is the successor of the one earlier called Single Trading Account. The broker decided to reorganize the account structure and now it is impossible to open a Single Trading Account, although open positions are still supported on them. In order to open a real account of Forex Standard type, USD 100 is enough. This universal combination is designed to satisfy the demands of the majority of customers and make the broker stand out against the competition.

  • Besides, LimeFx is a member of the Securities Investor Protection Corporation (SIPC) and the Investor Compensation Fund (ICF).
  • Analytical and news reviews are rather a strong suit of LimeFx.
  • Hence active traders who are looking for brokers with profitable trading opportunities can surely select LimeFx as a reliable trading partner.
  • Like any other brokerage firm, LimeFx also provides helpful customer services to clients.

LimeFx offers a wide variety of trading instruments and asset classes for its customers. Traders can have multiple options from Forex, stocks, futures, bonds, CFD and even cryptocurrencies recently added to this list. All in all, each and every requirement of a trader, investor, or financial institution is available through the LimeFx online brokerage service. Hence active traders who are looking for brokers with profitable trading opportunities can surely select LimeFx as a reliable trading partner.

LimeFx clients now have access to US stock options.

The exceptions
to this are Skrill and PayPal, which fund within the same day, and credit card
withdrawals, which post within 5-10 minutes. Lightspeed Trader – Delivers a
robust trading system to professional traders that demand highly established
market data with ultra-low latency and performance. While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest. In order to be sure that LimeFx is not a scam, read our trader reviews and check other popular trading related websites and forums. The company has also recently begun accepting cryptocurrency deposits, such as Bitcoin and Ethereum.

The exchange platform (i.e. Binance) acts as a middleman – it connects you (your offer or request) with that other person (the seller or the buyer). With a brokerage, however, there is no “other person” – you come and exchange your crypto coins or fiat money with the platform in question, without the interference of any third party. When considering cryptocurrency exchange rankings, though, both of these types of businesses (exchanges and brokerages) are usually just thrown under the umbrella term – exchange.

Crypto Guides

Those assets range from the usual forex
offerings to stocks, futures, options, and even bonds. Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs. It is important to note that between 74-89% of retail investors lose money when trading CFDs. These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved.

Shorting Stocks

The set standard remains the same for the brokers so that there is no prejudice or bias while the evaluation process takes place. Traders who would rather use a desktop program should check out LimeFx Pro. The brokerage house promises “high speed with reliable operations.” Presumably, limefx scam this one should deliver executions and data faster than its browser-based cousins. Historical data can be obtained from the platform, and multiple order types are available. As the name implies, it has fewer features and would be good for someone who primarily trades from charts.

The Standard account
offers forex, precious metals, and stocks/indices/energies as CFDs. The Forex
ECN account offers forex, precious metals, and indices/energies as CFDs. LimeFx+ and LimeFx Pro offer PIN or fingerprint authentication for a trading account.

Basic information from this LimeFx Review

That was until a few years ago when I discovered a way to make money online by actually helping real people. Customer service is friendly and
professional, and having the ability to contact them on the weekends is a real
bonus for those who have general questions or basic concerns. In addition to those two award-winning
platforms clients can also choose from the powerful CQG Trading Platform, the
ROX Premium platform, the Sterling Trader Pro, and the Lightspeed Trader
platform. There are news items on the broker’s website, sorted by the tickers and available to all. Analytical and news reviews are rather a strong suit of LimeFx.

Our expert researchers and analysts study each brokerage firm and its services rigorously and then come to a conclusion through an in-depth review. In addition to this, the review of our experts are not just based on their own analysis and research but the client’s feedback and reviews are also taken into consideration before forming any opinion. Hence, active traders and investors can rely on the information provided here with full confidence. CQG is available in various different high-end terminals both for investors and for speculative traders.

You can keep track of current economic data using the provided Economic Calendar. You can see previous, forecasted and actual results of each economic release. 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.

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