The minimum amount required is $80,000 and there is an asset management fee from 20% charged based upon the NAV growth. There is absolutely zero guarantee on the performance when investing in asset management. Read the risk disclaimers on the Lime Fx website and seek independant advice. 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.
Customer Service
Lime Fx offers an array of trading accounts and platforms, plus low spreads and commission charges. The brand is also available in various countries around the world. Its thousands of instruments and leading tools also separate it from competitors. Our experience shows that once verified, the funds will be returned to your account instantly in the case of e-wallets and within 5 days if you choose bank wire. Lime Fx processes withdrawals within 24 hours of the request being made. Lime Fx does not charge inactivity fees – a levy we see at many forex brokers we review.
This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. Accounts can be opened in a decent choice of currencies which are EUR, USD, RUB. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. I limefx website think they could improve further by adding support for some more currencies and crypto deposit like Coinexx. Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites.
Our only complaint is that while this broker offers negative balance protection on their Standard account, it is not available on the other trading accounts. This means clients can lose more than their account balance if the markets move against them. The minimum deposit is $100 for the Forex and CFD Standard and MT5 Global account and $200 for the Forex ECN option. All three account types have a minimum lot size requirement of 0.1 lots and five-decimal pricing.
The Forex Standard account offers commission-free trading with spreads from 0.5 pips. This is noticeably tighter than the variable spread accounts at the majority of brokerages. As the financial realm continues to evolve, so does the need for superior trading tools. Lime Fx’s platform unfurls a tapestry of innovative features tailored to empower traders.
Range of Assets
Finally two-factor authentication is enabled while the desktop platform requires user credentials (username, password) as well as a security phrase/image and pin. There may be a welcome bonus of up to $2,000 when signing up for a Lime Fx Online LTD pro account, depending on your location. This is a hefty account promotion though there may be withdrawal terms and conditions. The firm doesn’t accept deposits in cryptocurrencies, such as Bitcoin and Ethereum.
Lime Fx Forex ECN Account
Lime Fx offers ultra-fast trade executions, low fees and powerful platforms, making it a good pick for day traders. Lime Fx also offers the Try2BFunded program for those looking to become professional traders. In the first two stages of the program, traders are placed on a demo/paper account and must meet a profit target while avoiding specific drawdowns and maximum daily loss amounts. If investors successfully pass both steps, they receive access to a funded real-money account and can trade on the firm’s capital (a monthly subscription fee applies). Lime Fx+ is a browser-based platform that requires no software download.
If you leave your account unused over a long period, Lime Fx will charge an inactivity fee. So, you want to keep your account active and engaged to avoid withdrawal restrictions. Account verification is mandatory as Lime Fx complies with AML/KYC requirements. Most traders will satisfy this by sending a copy of their government-issued ID and one proof of residency document. During my review, Lime Fx neither offered bonuses nor promotions; a quality partnership program exists.
They have plenty of experience and are regulated which gives me the peace of mind that I can trust them for my daily trading activity. I found them to have very competitive trading conditions and fees. You get to trade on easy to use platforms with all of the tools you need for conducting complex market analysis. I like how there are accounts for different trading styles and flexible payment options fund your account.
Doing so will help you know how the fees work and how to apply them.
This way I can discover what works for me and areas in which I can improve. Other brokers with managed accounts to consider include Key to Markets. Lime Fx offers an unusually wideselection of trading platforms compared to many online brokers.
- All personal information is secure and safeguarded when processed on the website.
- They provide global traders with competitive trading conditions and fees.
- It is an automated investment adviser for creating and managing an investment portfolio with minimal human intervention.
- As a CySEC-regulated broker, the verification process includes a questionnaire that collects data per regulatory requirements enforced by the ESMA.
- The laudable support system is multi-channelled across live chat, email, and phone communication.
Trading Central is an award-winning fusion of automated analytics & analyst research that has been supporting traders since 1999 and limefx scammers is available in 32 languages. It offers robust coverage of 75,000+ instruments to help investors broaden their trading strategies and diversify their portfolios. I think this is an excellent market analysis software that could easily cost thousands as a standalone product. The fact you can get free access to it via the broker is great. You will find that Lime Fx have a great variety of flexible and powerful trading platforms suitable for all styles and levels of traders.
Lime Fx Online Ltd is a broker based in Cyprus and regulated by the CySEC. The brand offers forex, commodities, stocks, ETFs, CFDs, crypto, bonds, futures, and options. In our Lime Fx.online review, we have covered how it works, alongside the pros and cons. The broker is most likely to appeal to independent day traders and active swing traders looking to keep costs down while accessing advanced technology and analysis tools. Algorithmic traders may also have an interest in Lime Fx given the ease with which APIs and custom automated trading applications can be connected.
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. Different account types are available for different trader types.
The secure Lime Fx back office handles all financial transactions for verified clients. Still, it adds that it does not accept clients from countries or “territories where such distribution would be contrary to local law or regulation.” Free daily mailout of analytical reviews and forecasts for the current date. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. Sterling Trader Pro is a direct-access platform for equities and options.
