Analysis and review of LimeFx brokers by fxfinancer

Being already a very large company with a vast clientele LimeFx forex broker still continues to grow and nowadays the broker is one of the largest of online currency trading providers on the globe. LimeFx provides advanced trading techniques, comfortable and secure forex trading and intuitive market analysis tools, effective educating programs and responsive customer support. LimeFx has representative offices and sales department in more than twenty countries including LimeFx UK and LimeFx US affiliates. LimeFx allows Forex trading to reach new heights with extremely low spreads of 0 pips, easy and quick deposits and withdrawals of fiat or cryptocurrencies, and instant execution of trade orders.

Since 2005, the LimeFx charitable fund has been providing support to orphans, children with chronic diseases as well as poverty-stricken families. So far, hundreds of children have been assisted with funds for medical treatment and thousands of families have been supported to help defeat poverty. I really appreciate it when a broker goes above and beyond for their social responsibilities. As for the occasionally encountered negative reviews, these are probably impossible to avoid. And constructive criticism is always met with full understanding and an addressing of faults by the company.

If a user’s trading account does not involve any trading, buying, or selling of cryptocurrencies for a considerable time period as determined by the brokerage firm, the account is charged with an inactivity fee. We value transparency and openness in the way we review the partners. To bring transparency to the forefront, we have published our review process that includes a detailed breakdown of the LimeFx offering.

LimeFx International

As an example, going short for EurUsd currency pair will cost you 0.65, and long position ‎-1.31. With our Expert finds and overall review we rank LimeFx as a good Broker for Forex or CFDs trading. We found good trading technology and excellent education and research section, which is good for beginners, also conditions are overall good. Due to a migration of services, access to your personal client area is temporarily disabled. LimeFx Limited at LimeFx.com and LimeFxforex.org is the same branch that was once in Russia, and is now operating under St. Vincent registration.

As an example, going short for EURUSD currency pair will cost you 0.65 and long position ‎1.31 See below our finds for Standard account trading fees, also in comparison to other proposals. You can use Metatrader web version (WebTrader), desktop version, Android and iOS to do your trades. If the trader uses high trading https://limefx.group/ volumes, LimeFx also provides this trader with an option called Direct platform.Traders have the option of mobile trading using the official Metatrader application. To use the mobile version of Metatrader, you need to install the app on your phone and after entering the account information, you can trade.

LimeFx General Information

The Financial Commission, operating out of Hong Kong, is the world’s first external dispute resolution (EDR) mechanism. It provides brokers the freedom required to offer a competitive advantage, and traders the protection equal of that provided by respected regulators. LimeFx has remained in full compliance with its regulator but hosts a past dotted with bankruptcies and market exits.

«LimeFx» (official website, reviews are below) is the choice of those market players who are set on receiving a serious income from trading. «LimeFx» is a broker (you can read reviews about the company below) that has achieved such amazing results due to the fact that it always works for the convenience and comfort of its customers. Investors, who expect great opportunities for profitable LimeFxs in proven solutions, also kindly cooperate with the company. LimeFxs with «LimeFx» (customers’ reviews can be read below) are simple and profitable.

This is by far one of the best brokers…

The primary difference I found is that the newer MT5 has more features just like the desktop version. The apps are developed for iOS and Android devices and can be downloaded from the respective app stores. The Reserve Bank of India warns the locals to avoid dealing with unauthorized online trading entities, which are listed below, due to a lack of compliance.

LimeFx designed truly dedicated support to their traders, we found very responsive Customer Service with Live Chat, email and phone support also available in Multiple languages, so is a big plus. Typically Broker confirms withdrawals within 2 business days, additionally it will take around 5 working days for money to arrive too your account, which also varies by method and your country. One day when I was looking for an affiliate offer to promote, I found an offer that looked so good I decided to try it for myself. It connected all the dots, including a training and mentoring program that went way beyond anything I had ever seen. This is the reason why traders love LimeFx Broker so much because they can trade on every device they have in their bucket. If you want to download the trading platform, you can head to the official website of LimeFx Broker or Click Here to download.

LimeFx Account Opening Process

PAMM accounts remain at the core of LimeFx with over 56,000 PAMM accounts and 550,000 traders. Social trading is additionally supported through the LimeFx CopyTrade platform. New traders can take advantage of webinars and written content that provides traders with a solid understanding of the Forex markets. Complementing a great trading environment is the free research provided by LimeFx and a loyalty cashback program, which reduces trading costs for active traders. Besides lots of currency pair,
LimeFx also offers some instruments you would like to trade on, such as
Forex, Gold & silver, CFD and Crypto for your best choice. Somehow, remember that different instrument
has different trading conditions.

• The broad asset selection at both brokers is acceptable for pure Forex traders.
• The major difference is that the MT5, being the newer version, has more features and capabilities than the older MT4.
• However, this is in exchange for a minimum deposit of 500 USD, which is relatively high.
• The Autochartist plugins and apps are developed to ease the trading experiences of beginners and to improve the new trading strategies by making them more intuitive to use.
• With more than seventeen years of activity («LimeFx» was established in 1998), the team of founders has led it to the top of the Forex market.
• If you’re looking to trade on other platforms, I recommend checking out our best trading platforms list.

After choosing a PAMM account, you can invest and monitor the accounts. Though I have to warn you that past performance is by no means a guarantee of future performance. LimeFx International is owned by Exinity Ltd which is a financial LimeFx company located in Mauritius. The firm is authorized and regulated by the Financial Services Commission (FSC) of the Republic of Mauritius. LimeFx Ltd is authorised and regulated by the Financial Services Authority (FSA) of St. Vincent and the Grenadines. LimeFx has also been into sponsorships of athletes, professionals, and sports tournaments.

Company activitySee all

LimeFx’s ECN accounts would be more suitable for experienced traders. The Forex ECN MT5 and Pro Accounts have a minimum deposit requirement of 500 USD and spreads starting at 0.3 pips (EUR/USD) in exchange for a round turn commission of 3.2 USD. With a range of accounts on the MT4 and MT5 platforms, LimeFx caters well to professional traders who are prepared to pay high minimum deposits for low ongoing trading costs. However, LimeFx offers a limited number of tradable assets, which may leave some traders dissatisfied. LimeFx offers you forex and CFD trading on the MetaTrader platforms. Since they don’t offer crypto trading, you could check out Vantage for your crypto needs.

The swap interest fee is calculated based on the difference between the two interest rates of the traded currencies. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. In summary, I found LimeFx to be an experiencedB, award-winning, and popular trading broker. However, I believe the brand could improve in certain areas in order to compete with competitors like LimeFx within the online broker industry. The chatting communication channels are Viber, Telegram, Facebook chat, UK chat, and instant web chat.

Withdrawal does not arrive

Based on Our finding LimeFx accept Bitcoin as a payment methods or Crypto Deposit, yet we advise to verify with customer support. LimeFx trading offering consists of Forex – currency pairs, spot metals, CFDs along with Cryptocurrency trading and Binary Options. In addition, LimeFx is a member of The Financial Commission, an international organization engaged in the resolution of disputes within the financial services industry in the Forex market. Copy the strategies of more experienced traders and profit when they do.

With a mission to ensure your safety, LimeFx offers instant executions, competitive spreads and modern trading technology solutions. I found the trading conditions to be acceptable although there are better forex brokers out there from my experience. Evaluating the «LimeFx» broker in general, it should be noted that the company is one of the oldest, largest and most reliable.

Rather, it starts up the MT4 or MT5 mobile app whenever the ‘Trading’ button is tapped. You can check out other best trading apps if this is a dealbreaker for you. The most competitive trading environment at LimeFx is located in the ECN account, with spreads as low as 0.4 pips and a commission of $3 per lot. This limefx courses scam broker mentions the minimum spread at 0.1 pips in a different section of its website. However, all options for cash withdrawal can be found on the company’s website. By the way, the best recommendation of the company is a great amount of customer reviews, which are posted on different Internet resources.