We found that LimeFx also provides negative balance protection while trading Forex. It is a reliable firm due to its regulation in the European Union by the Cyprus CySEC. LimeFx is a regulated broker with good trading software and trading capabilities, suitable for robot or auto trading. LimeFx is a Cyprus-based company that offers its trading services since 2007 and has gained the trust of over 155,000 clients from 130 countries.
Based on our finds, the average spread for EUR USD is 0.5 pips with all costs included, and ECN account for active traders features raw spread plus $3 commission per lot. Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs. From backtesting to production trading, traders can test multiple strategies through a blend of Lime’s feeds to the exchanges and live data feeds. LimeFx provides an economic calendar, trading central, stock exchange forecasts, market analytics, trading signals, and other research materials. However, the broker does not provide comprehensive educational and learning materials, seminars, or webinars, which are crucial for beginner traders.
MT5 is a well-equipped working tool for a trader, which provides all the necessary tools for analyzing price dynamics and trading automation. Dozens of technical indicators will help you make the right decision. Using the modern MQL programming language, it is possible to implement a trading strategy of any complexity. Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost. Please read the following documents Characteristics and Risks of Standardized Options before trading options. Normalized market data available through Citrius 2.0 or we can assist with third party providers.
- Normalized market data available through Citrius 2.0 or we can assist with third party providers.
- Overall, LimeFx is a reliable broker with competitive trading options to choose from.
- Also, they allow you to deploy a strategy of your choice, either manual or automatic through popular EAs.
- The Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses.
- Trading fees are defined by the instrument traders choose, and also may vary from one platform to another.
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 Online Ltd is certified and regulated by the Cyprus Securities and Exchange Commission.
Trade with a Regulated Broker
As one of the few agency brokers on Wall Street, we are vested in your interests, not trading on ours. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in the use of our website. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. Also, traders always need to consider swap or rollover fees which may be charged for positions held open for longer than a day. Customize or choose from predefined routing profiles designed to meet your specific execution goals.
One of the most attractive offerings from LimeFx is the low margins and no hidden fees policy. 9 out of 10 individual traders in equity Futures and Options Segment, https://limefx.biz/ incurred net losses. LimeFx also offers partnership programs for institutional trading and for individuals who want to become introducing brokers (IB).
- Reporting – all transactions and values on the account are reflected in the report.
- It is a reliable firm due to its regulation in the European Union by the Cyprus CySEC.
- However, the broker does not provide comprehensive educational and learning materials, seminars, or webinars, which are crucial for beginner traders.
- Lastly, Sterling Trader Pro designed for Professional individual traders and Proprietary trading groups offers all the US equity and options exchanges, and more than 50 execution routes and venues.
The Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses. LimeFx Demo Account practices forex trading in a 100% risk-free environment. Trading fees are defined by the instrument traders choose, and also may vary from one platform to another. Alike, trading futures or options through CQG will cost you $1.50 commission per side.
What Multi-Leg Options Strategies Can Help in a Flat Market
We can provide access to the 3 main colocation centers, cloud, virtual private server or VPN connectivity. Lime was founded when a sophisticated hedge fund couldn’t find a brokerage firm to meet their needs for volume, speed, and privacy — so they created one. Withdrawing cryptocurrency to your personal crypto wallet as fast as the blockchain allows. Withdraw funds directly to your bank card in cases of entering cryptocurrency and selling it.
For customer support reasons, the broker has opened representative offices in almost all major locations covering most of Europe and Asia. According to its regulation, LimeFx is subject to various restrictions on how to operate the trading process. LimeFx which is owned by LimeTrading (CY) Ltd operates through its registered office in Cyprus and is authorized and regulated by CySEC.
Can I convert my demo account to a live trading account with LimeFx?
ROX trading platform provides traders with direct access to the stock markets of Canada, the USA, and other countries. LimeFx offers 5 trading platforms including market-leading MetaTrader 4 and MetaTrader 5, CQG, Sterling Trader Pro, and ROX trading platform. MT4 and MT5 might be known to any trader, as they are the most used platforms in the industry especially loved for their great functionality and customer-friendly design. Also, they allow you to deploy a strategy of your choice, either manual or automatic through popular EAs. Forex and CFD Standard account is a good option for beginners or regular-size traders with all costs included in the spread.
Forex ECN utilizes ECN execution with quality speeds, while MT5 Global features an individual approach with better trading conditions for high-volume traders. Lastly, Sterling Trader Pro designed for Professional individual traders and Proprietary trading groups offers all the US equity and options exchanges, and more than 50 execution routes and venues. Higher account types may require bigger amounts of funds, especially for those traders that are professionals and will be trading through tailored solutions. LimeFx is considered a reliable broker with good trading solutions. The broker offers a range of trading instruments to trade with competitive spreads and fees. A demo account provides the trader with a practice account that can be used to practice trading in a risk-free environment.
Lime Trading Corp
Listing – J2T CryptoExchange™ exchange with an order book and order matching system. In other words, the demo account features can be accessed through the trading platform and will depend on LimeFx’s offering with regards to asset classes, financial instruments, spreads, leverage, and so on. Yes, LimeFx Demo Account offers a free demo trading account for beginner traders to train on.
How to Open LimeFx Live Account?
Overall, LimeFx is a reliable broker with competitive trading options to choose from. Apart from a choice between industry-powerful platforms, account types, and execution models, LimeFx maintains low-cost trading. The minimum deposit is among the average in the industry, so the broker is a good option for beginner traders too. J2T CryptoExchange™ offers the deposit, withdrawal, purchase, sale, storage, reporting of the main cryptocurrencies BTC, ETH, BCH, LTC, XRP.
Withdrawal requests are processed within 1-5 days depending on issuing bank. LimeFx offers over 30,000 trading instruments with spreads starting from 0 pips and a full range of limefx company reviews powerful trading tools. On an average, loss makers registered net trading loss close to Rs. 50,000. Monitor your trading remotely or trade on the go with easy to use mobile app.
Distributed storage of cryptocurrency in cold wallets and a quarterly audit by the state financial regulatory agency of Cyprus ensure the unconditional safety of your funds and assets. 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.
To start trading with LimeFx, you will have a choice to choose from GBP, EUR, USD, and more currencies, and select 20+ funding methods including Bank Wire, Credit/Debit cards, Skrill, Neteller, etc. Should the trader wish to use the Web Trader for either trading platform, access will be provided from the download page for each trading platform, respectively. Demo accounts are not merely intended only for beginners, but it provides more advanced traders with the opportunity to explore what LimeFx has to offer. Powerful web trading platform with charting, equity & option trading and other advanced features. Traders’ protection is provided by coverage through the compensation fund in case things go wrong with the broker, so traders may stay assured of their funds’ safety.