If you are an institutional trader then you will be impressed with the FIX API connectivity and managed accounts whereas there is the professional account option. If you are looking for a convenient way to trade the markets, I would certainly give them further consideration. Lime Fx is an online broker that gives you access to a full range of trading products, services, accounts and platforms. They are an international broker who I found to have very competitive trading conditions and fees. You can get direct access to a huge range of markets with low commissions, instant execution and maximum liquidity. I like how they take an individual approach to each client regardless of your investment size and have 24/7 support.
sounds good for more niche traders, altho it could have more options
Forex trading fees work using spreads to eliminate additional commissions or fees. They also ensure traders get a straightforward trading environment. The CFD fees are added to the broker’s spreads, promoting a more affordable trading experience for users trading CFDs.
- The brokerage offers Basic and Pro accounts, ensuring that both trading enthusiasts and seasoned investors find an accommodating trading environment.
- Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
- Our experts assess minimum deposits, bonuses, demo accounts, spreads, and more.
- This makes trading small lots of UK, German, Japanese and other countries’ stocks unprofitable.
- We also offer real-time stock alerts for those that want to follow our options trades.
Comparing Lime Fx fees with other brokers
Overall, I feel that Lime Fx are a really good broker with a vast range of trading products and services that can meet the demands of all traders. They have plenty of experience https://limefx.vip/ 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.
Commissions on options
Importantly, profits are split 60% to the trader and 40% to Lime Fx. Keep an eye on the broker’s website to stay abreast of new deals. The firm doesn’t accept deposits in cryptocurrencies, such as Bitcoin and Ethereum. Accounts also cannot be funded by credit card checks, traveler’s checks, money orders, or Western Union.
Methods and timeframe for deposits
The order system is able to use multiple tickets, and RSS news feed is integrated. With the per-share plan, equity trades are 0.25¢ per share, with a minimum commission of 50¢. The per-share commission drops to 0.15¢ per share for accounts that can trade more than a million shares per month. In this Lime Fx review, we determine that they offer good value in the way of software offerings, good commission prices, and offerings that just about match the rest of the industry. For the customers, who prefer to work via email, there are 4 subscriptions depending on the markets and frequency of newsletters.
Customers can also access a wealth of information on the trading platform, including detailed FAQs and tools for answering questions and explaining diverse trading nuances. Like some of its major competitors, Lime Fx aims to educate its users through various learning resources. However, while Lime Fx has taken the step of elevating its users’ trading experience, it still has much to do to stand shoulder-to-shoulder with the best brokerages. 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. Lime Fx’s web platform allows traders to access their accounts directly through a browser, ensuring easy access without software downloads.
The advanced trader is likely to find a platform they feel at home using at Lime Fx. Not only do they offer their own proprietary platforms, but they have access to industry standard platforms like MetaTrader 5. Currently employs over 1200 employees and maintains offices in over eight countries including the United States, China, and the United Kingdom. In this broker review, we vet its reliability and look at how trimmed trading costs have affected this deep discount broker’s effectiveness and competitiveness. Sterling Trader Pro is another platform that is available to Lime Fx customers.
It’s worth checking out because it may rival or even beat your current broker. In this Lime Fx review, we attempt to quantify the value it provides to various types of traders. Also, inside the personal limefx review account, customers can transfer funds from one trading account to another. Therefore, customers can choose the best suitable way to fund the account, and then transfer the money to another account type.
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.
Automated clearing houses deposits are free and so are withdrawals. The daily deposit limit is set at $100,000 and withdrawals capped at $25,000. These amounts can take up to 7 business days to reflect in your Lime Fx account and can only be withdrawn via ACH 10 days after the date of deposit or 60 days via check or bank transfer. Customer service can be reached using the telephone number, email, and live chat on the website. This is a drawback versus some competitors who offer around the clock customer support. The proprietary platform, Novoadvisor (now known as Lime Financial), gives investors access to the top-performing traders and strategies on the Lime Fx network.
The FIX API is an electronic communications protocol that was developed for the real-time exchange of trade-related information. It is commonly used by professional traders and allows you to avoid the use of intermediation software. It provides direct access to the market with your own programs. This provides a direct connection to institutional liquidity providers with lower latency and improved fill rates.