LimeFx forex brokers reviews: LimeFx Review 2023 Information about LimeFx Forex Broker


LimeFx forex brokers reviews
LimeFx forex brokers reviews

As mentioned in the account section, spreads start at 0.03 pips. As an example, LimeFx offers spreads on EURUSD from 0.7, 0.03 on Brent Oil, stock CFDs from 0.21, DAX 30 from 1, and XAGUSD from 0.037. As one of the newest brokers, LimeFx has yet to amass any major awards. LimeFx has, however, been on the receiving end of a fair amount of industry buzz in recent months, which is a sign of things to come. The industry publication The European awarded LimeFx its ‘Best Crypto Broker’ award in its Global Business Awards 2020, which is a sign that big things are in store for this broker. For this reason, we haven’t taken too many points off LimeFx in terms of the final review score, as we didn’t feel that it was fair to penalise it when the company is so new.

The trading platforms are intuitively designed for novices and professional traders alike. They include a web-based trading platform known as WebTrader, the world-famous MetaTrader 4, and mobile apps for Android and iOS devices. It includes a wide range of articles, videos on demand, e-books, tutorials, technical analysis features, daily news, economic calendar, and earnings reports. All in all, LimeFx.com checks all the boxes in terms of ease of use. LimeFx.com makes it easy to trade financial instruments from the comforts of home, or on the go. This broker supports traders with a combination of tools and resources to tap into potentially lucrative market opportunities.

Customer Support

Overall, the broker offers the ability to trade more than 250 CFDs, making it the perfect choice if you’re looking to diversify your portfolio. As soon as you start using the LimeFx platform, it is immediately clear that it takes customer security incredibly seriously. This means that the https://limefx.vip/ funds stored in your account will be protected under the MiFID II financial regulations. As per LimeFx review, this platform offers Metatrader 4, which can be accessed from mobile, desktop, and web versions for its users. Educational materials to improve users’ skill and knowledge.

The client terminal comprises streaming real-time market data and three chart types in nine time frames. When it comes to trading tools, all the MT4 terminals are pre-loaded with 30 technical indicators and 24 graphic objects, accessible in 41 languages. The platform, backed by reliable data protection, supports all order types and also lets you view the product-wise spread and historical trades. While this could be a factor of the account type, it is way beyond the broker’s claims of spreads starting from 0.7 pips for the Silver account. Customers, especially high-frequency traders and scalpers, could find trading costs at LimeFx a little expensive. One positive is that LimeFx does not charge commissions on any of the product offerings, so this could bring down the overall trading costs a bit.

The LimeFx MT4 desktop platform is the downloadable version of the app. It includes all the features of the web application and also supports automated trading. Experienced traders can use the powerful, technologically advanced platform with cutting-edge features to ensure high-speed customised trading. LimeFx provides all clients with access to the world’s number one CFD trading platform, MetaTrader 4. This cutting-edge platform comes with a host of in-built analytical tools and trading robots that support beginners and experts alike. No, LimeFx does not offer a trading bonus as this is against the company’s policies and prohibited under the applicable regulations.

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When you register with the broker, you can download the platform for Mac or Windows, use the browser-based WebTrader, or choose the mobile application for your Android or iOS device. There is cross-platform functionality, so you can seamlessly switch from trading on the mobile app to the desktop or web platform and vice versa. Our review of LimeFx found that the broker does not offer you any promotions or bonuses when you limefx website open an account. Luckily, this is because LimeFx complies with industry standards and regulations, which prohibit brokers from incentivizing CFD trading. Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. The AskTraders Analyst Team features experts in technical and fundamental analysis, as well as traders specializing in stocks, forex, and cryptocurrency.

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While not as robust and fully featured as the desktop version, the mobile app is useful for checking that your trades have executed properly or for calling a stop to a trade at short notice. One thing that we would like to see added in the future would be the inclusion of the MT5 trading platform, which a number of the larger online brokers are now offering. Servicing more than 3.5 Mill clients from more than 190 countries in more than 30 languages. Over 2.5 Billion trades executed with no requotes or rejections. Access to 1000+ instruments from 6 asset classes, 16 full feature trading platforms, 4 trading account types, 25+ secure payment methods and 24/5 personal customer service.

  • This can have a big impact on what profits you will be able to make on your successful trades, so be sure to pay close attention to the fine print when signing up.
  • All the regulations and transparency of the firm and broker make it a legit broker.
  • The broker offers free demo account with 100k virtual currency.

Keep reading the following LimeFx review to get the complete picture. Investlite is a broker with all the required services and features to enhance the trade of clients. The primary purpose lime fx of brokers is to lighten the trading experience of investors, catering to all the traders. Small investors or large investors can find a place for themselves with Investlite services.

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Indicators, analyzers, and chart patterns, which can be used by the traders. This broker uses both third party and in-house software to help the users to make the most out of trading. If the account is inactive for 271 days, the inactivity fees per month are 500 Euros.

LimeFx forex brokers reviews

In an ideal world, LimeFx would also give you access to the MetaTrader 5 platform. However the industry has been much slower to make the switch to the new version, so we can’t really fault LimeFx for that. The mobile trading platform is particularly useful for when you want to make some quick trades on the go or if you simply want to check how the markets are doing.

The trading accounts, trading platforms, commission, spreads, leverage, etc., are kept as per the needs of traders. The other facilities or functions that Investlite offers are outstanding. No one would get disheartened with the services of Investlite. The broker allows traders to invest with different types of retail investor accounts and for retail and professional traders. The various retail investor accounts have features that make trades more convenient and easy.

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Generally, The LimeFx platform is very convenient and more suited for beginners and intermediate traders. The proprietary software is compatible with any web-browser and does not require any installation. On top of that, the platform is fully customised and offers a variety of more than 30 professional analysis tools. As an example, imagine you use a platinum account, and you pay 0.7 pips on a significant spread. Platinum accounts can have their main currency as either USD, EUR, or GBP.

Traders also have a clients portal available 24/7, which provides information and caters to withdrawal requests. However, clients are charged withdrawal fees from the broker. The account is specially designed for Muslim traders following Shariah law.

In the education section, the broker offers a number of educational tools. The informative content is perfect for upgrading the knowledge through videos, E-books, tutorials, articles, seminars, webinars and more. If anything is unclear, customer support does a sterling job of providing helpful assistance Monday through Friday. Live chat, email support, and online contact forms are easy to use and helpful to traders.

This includes eMerchantPay, SafeCharge, Skrill, and Solidpay. The broker can provide cross-border services to other members of the European Economic Area. They can be bought either against the US Dollar , Euro or the British Pound . LimeFx only offers CFDs on cryptocurrencies and not “real” Bitcoin. As we mentioned earlier, the broker maintains a minimum deposit of 100 USD/GBP/EUR. You can make your deposit via credit or debit card, bank transfer or e-Wallet.

Both new and experienced traders prefer this Metatrader 4. Each account has several features that cater to different types of services to the traders. For example, gold and silver accounts can be useful for the new traders, and the professionals can use Pro and the Platinum type of accounts. On top of that, investors have access to over 350 assets via two top trading platforms, which can be traded on a zero-commission basis.

Platform & Tools

Security of funds is one of the primary concerns for the company, which is why they offer negative balance protection and keep client funds segregated from corporate accounts. The broker also works with state-of-the-art cyber technology, such as SSL certifications, firewalls, and encryption. The minimum deposit at LimeFx is just 250 USD or currency equivalent. With this broker, you can deposit via credit or debit card, Solidpay, Paydoo, Worldpay, or bank transfer. Deposits do not incur fees and most are processed instantly.

LimeFx offers a decent variety of CFDs trading products to choose from that include FX currency pairs, indices, stocks, commodities , and cryptocurrencies. The broker offers free demo account with 100k virtual currency. You have to visit official website of LimeFx and sign up and get free access to demo account. Traders can easily deposit and withdraw the amount of money they want.

LimeFx forex brokers reviews

LimeFx is a CySEC regulated broker that is offering investors to trade on more than 350 assets via its own proprietary trading platform, the LimeFx WebTrader, and the MT4. In addition, this broker offers users an extensive range of features and trading tools including high leverage, a free demo account, and a 1-click trading option. When it comes to fees and commissions, LimeFx is one of the most cost-effective options around. Users of the platform will not be charged any deposit fees or any fees on trades. This means that for the most part, you shouldn’t encounter any fees when using the platform. The only instances where you may get hit with a fee is if you go for 60 days without using your account, at which point you will get charged an account inactivity fee.

When it comes to special offers, however, LimeFx falls a little behind the curve, and it doesn’t appear to have any welcome or sign-up bonuses. LimeFx scores highly based on the various types of accounts offered, which allows you to choose one that best suits your needs, LimeFx size and trading strategy. This ensures that the trading experience is completely bespoke to what you want.

VOD – This section comprises short videos of about a minute on the basics of trading, market analysis, trading terms and a run-through of the MetaTrader platform. All in all, this CFD broker has more positives than negatives, and if you are residing in Europe, the UK or Switzerland, you should include LimeFx in your probable list. Never had any issues with this broker, its services are provided professionally.

Yes, the broker is a good brokerage firm and the traders are not at a high risk of losing money. Spreads may vary for different accounts, financial assets, and instruments. For example, forex spreads 0.7 pips for EUR/USD, for EUR/GBP spreads 0.9 pips and for GBP/USD 1.3 pips. A special Islamic account for Muslim traders is available for all types of accounts.


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