This includes CQG Integrated Client, CQG Spreader, CQG QTrader, CQG Trader & CQG Desktop. LimeFx offers an array of trading accounts and platforms, plus low spreads and commission charges. Its thousands of instruments and leading tools also separate it from competitors. LimeFx offers ultra-fast trade executions, low fees and powerful platforms, making it a good pick for day traders. In our LimeFx.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.
- Read our detailed website review and decide if LimeFx is for you.
- Investing in futures and options costs $1.50 per contract per side (buy or sell).
- Bank transfers may take a few business days to clear whilst some methods can be instant.
- Platform fees vary between $25 and $595, though CQG Desktop is free.
- They have a section of their website dedicated to frequently updated news articles.
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 think they could improve further by adding support for some more currencies and crypto deposit like Coinexx.
Note, all clients must be 18 years of age or older to open an account. When comparing LimeFx vs Interactive Brokers, for example, the broker comes out on top in terms of options pricing. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. Finally two-factor authentication is enabled while the desktop platform requires user credentials (username, password) as well as a security phrase/image and pin. Importantly, profits are split 60% to the trader and 40% to LimeFx.
TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. The purpose of the ICF is to https://limefx.group/ secure the claims of covered clients against ICF members through the payment of compensation if the necessary preconditions are fulfilled. The broker puts great emphasis on Anti-Money Laundering (AML), Counter Terrorist Financing (CTF) and Know-Your-Customer (KYC) measures.
Yes – LimeFx is a legitimate brokerage registered with several respectable regulators and financial authorities, including the CySEC, NFA, FINRA, and Bank of Russia. Over 155,000 traders from more than 130 countries have registered an account with the firm. All personal information is secure and safeguarded when processed on the website. LimeFx’s mobile applications also offer a PIN or fingerprint authentication.
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. Overall, I feel that LimeFx 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 and are regulated which gives me the peace of mind that I can trust them for my daily trading activity. You get to trade on easy to use platforms with all of the tools you need for conducting complex market analysis.
- The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.
- The brand offers forex, commodities, stocks, ETFs, CFDs, crypto, bonds, futures, and options.
- LimeFx are an international online broker offering a great range of trading products and services.
- 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.
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. Accounts also cannot be funded by credit card checks, traveler’s checks, money orders, or Western Union. Sterling Trader Pro is a direct-access platform for equities and options. The options chain also highlights in-the-money options for faster decision-making. The web-based platform also has a clean and intuitive interface that displays total profit and loss, plus charting functionality.
All funds deposited into your trading account must be under the same name as your LimeFx trading account. LimeFx is also waiting for you in the most rapidly developing markets of the world. Open Demo account to try your hand at trading in the financial markets. LimeFx provides brokerage services since 2007 and is trusted by 155,000 clients from 130 countries.
Algorithmic traders may also have an interest in LimeFx given the ease with which APIs and custom automated trading applications can be connected. LimeFx 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).
LimeFx offer professional customer support 24/7 via online chat, telephone and email. It was great to see that support is available on weekends as this is not something that all brokers offer and helps them to stand out from the competition. Match any two of these requirements to qualify as a professional client.
LimeFx 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. LimeFx+ is a browser-based platform that requires no software download. It comes with a customizable interface, access to US exchanges, delayed market depth data, real-time news, and detailed stock information.
Compare the markets and instruments offered by LimeFx and its competitors. Please note, some markets may only be available via CFDs or other derivatives. Importantly, the paper trading account lets you test the broker’s platforms and tools before committing real money.
Deposit, withdrawal – individual addresses when deposit will allow using your account as easy as a crypto wallet. Market, limit, conditional and stop orders – all types of execution are available. Custody services – no need to withdraw cryptocurrency and worry about security keys. Reporting – all transactions and values on the account are reflected in the report. limefx scam is certified and regulated by the Cyprus Securities and Exchange Commission. Listing – J2T CryptoExchange™ exchange with an order book and order matching system.