LimeFx Review 2023 Detailed Information about LimeFx Forex Broker

The broker offers two of the most popular trading platforms available, plus various account types to suit different traders. There are also some additional trading tools, including access to Autochartist and copy-trading features. LimeFx has four account types, one being a dedicated cryptocurrency trading account. The three commission-based options feature relatively high trading fees, between 1.3 and 3.0 pips or $13.00 to $30.00 per 1.0 standard round lot for a minimum deposit of $100.

Why is it important to know where your broker subsidiary (entity) is regulated?

Expert Advisors or EAs are allowed on both platforms, and LimeFx are even providing their own trading EAs for traders wanting to use trading robots. This is actually very impressive as there are numerous robots limefx forex broker provided. The only requirement is the minimum deposit needed to download the robot from the website. Most of the robots become available for $1000 accounts, with some bots requiring $2000 and even $5000 deposits.

Which Fees are charged by LimeFx?

• I recommend traders use the demo account registration of MT4/MT5 and use similar settings to their preferred live portfolios for a more realistic demo trading experience.
• The FAQ section will help you find answers to the most frequently asked questions about trading with LimeFx.
• Safety starts with regulations and depending on how many regulators are overseeing the broker, we can determine how safe it is to hand our capital over to them.
• Compare the markets and instruments offered by LimeFx and its competitors.

Safety starts with regulations and depending on how many regulators are overseeing the broker, we can determine how safe it is to hand our capital over to them. LimeFx is regulated by the Financial Services Authority (or FSA) in St. Vincent and the Grenadines. Regulated by any authority is already a big thing for Forex brokers, but having only one overseeing authority is still not enough.

Demo Account

LimeFx presents a secure and trustworthy trading environment, and I appreciate its transparency and client protection. Over the past 16 years, LimeFx https://limefx.group/ became one of the most competitive Forex brokers. I highly recommend it to all traders, particularly algorithmic and high-volume traders.

Comparing LimeFx fees with other brokers

The knowledge base section contains blogs on trading-related topics and a detailed FAQ. You can withdraw via a web browser through the Personal area in the Withdrawal section or the LimeFx app. Note that you must verify your payment details before you can withdraw. The sentiment indicator uses data from the LimeFx client base to show the buyer-seller ratio for each trading instrument. A reading of less than 30 indicates that it is oversold, and one of over 70 suggests that it is overbought. LimeFx offers a swap-free Islamic account that adheres to the principles of Sharia law.

Crypto Account

MetaTrader 5 stands as a revamped, cutting-edge multi-asset platform designed to provide an enhanced trading experience. This state-of-the-art platform harbors a myriad of features that are instrumental for both novice and experienced traders. LimeFx’ expansive legal structure, encompassing various international registrations and licenses, amplifies its reliability and stability in the financial world.

✅Once authenticated, you may fund your account using one of the supported payment methods. LimeFx Ltd has licenses from many regulatory agencies, including the Island of Mwali (Comoros), Cook Islands, and Saint Vincent and the Grenadines; each overseen by their respective authorities. Furthermore, LimeFx is a recognized member of The Financial Commission which ensures broker openness and integrity to offer trade claim coverage via compensation fund.

Both are expensive, but the commission-based ECN option shows raw spreads from 0.0 pips for a commission of $5.00 per round lot. I like the LimeFx trading fees in the ECN account and multi-tier leverage system. The Forex and cryptocurrency selection stand out from the well-balanced asset selection, and the volume-based cashback rebates are excellent for high-volume and high-frequency traders. I also like that LimeFx ensures traders operate from a trustworthy and secure trading environment. MetaTrader 4 is revered as the industry standard, offering an unparalleled combination of ease of use and functionality, making it the quintessential choice for online trading.

Indices like the S&P 500 can provide an overview of the US stock market and tell what the main tendency is. In this regard, they are great assets that provide chances for going short or long on a whole segment of the market. The indices include main instruments from the USA, CHINA, Europe, and South Korea. In today’s review, we will discuss all the necessary details for traders to know before opening an account with LimeFx and see what they offer. LimeFx is offering new and existing clients to double their deposit.Receive up to $1 … LimeFx offers financial services to over 100 countries around the world.

The minimum deposit for the Fixed and Standard accounts is 100 USD or EUR, whilst the minimum for the ECN account is 200 USD or EUR. Commissions are only charged in the ECN account which offers the tightest spreads. The minimum deposit is $100 for all account types except for the ECN account, which requires $200. Traders get the MT4/MT5 trading platforms as customizable desktop clients, lightweight web-based alternatives, and user-friendly mobile apps.

Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. The customer service is great and fast when it comes to handle an issue. LimeFx supports credit/debit cards, cryptocurrencies, ADVcash, and Perfect Money as payment methods.

LimeFx offers 24/7 customer support, and traders can reach out via e-mail, phone, Telegram, or live chat. LimeFx explains its services well, and I recommend the FAQ section before contacting support. I miss a direct line to the finance department, where most issues can arise. Choosing LimeFx means aligning yourself with a broker that is committed to delivering exceptional trading conditions, innovative tools, and steadfast client protection. LimeFx is a respected name in the trading industry, fostering relationships with over a million clients across the globe. Venture into a world where trading conditions are supreme, harboring hundreds of assets and offering an expansive array of trading options.

This feature was designed specifically for traders who use several accounts, and for investment managers who manage multiple investment accounts. However, you must verify your identity and funding method before funding your trading account. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. There is some great educational content on the LimeFx blog, covering practical topics like how to set up your MT4 platform professionally and what the MACD indicator is. I assess the articles as concise, insightful, and providing traders with concepts that can be quickly applied in the market.

An investor maintains complete control of his funds and can adjust the acceptable level of risk. Professional traders, in their turn, profit by earning commission from using Strategies. LimeFx have a nice variety of methods for depositing and withdrawing funds from your trading account. This includes bank wire, credit/debit card and online payment systems which are my preferred choice as I find them to be the quickest way to get access to my funds. This is important in case there is some market news that I need to quickly try and capitalise on.

As an alternative option, AvaTrade are regulated in multiple jurisdictions by some top-tier regulators. All these tools have the potential to greatly assist traders by providing increased decision accuracy. It is still a downside for LimeFx not offering any educational materials, making it harder for beginners to learn how to trade.

Please note that some methods may only be available to specific countries and not all are available for both deposit and withdrawal. Based offshore, LimeFx offers the advantages of high leverage, a wide range of deposit and withdrawal methods, and an easy sign-up process. LimeFx could improve by offering private account insurance from Lloyds of London and cutting their withdrawal fees. LimeFx ranks among the best brokers due to its low trading fees in its ECN, trading tools and services, and superb trading infrastructure featuring fast order execution and volume-based rebates. LimeFx is a globally recognized broker providing impeccable service since 2007. Over the years, the LimeFx team achieved outstanding results in the industry, which is confirmed by a large number of loyal customers and international awards.