LimeFX Review 2024: Read Before You Trade

LimeFX has also gone above and beyond with its education materials which include live webinars and carefully crafted courses. Customer service is highly responsive, with one drawback being that there is no phone support. LimeFX also made a significant step forward since my last review by adding 150 CFDs on shares from 16 global stock exchanges. By pressing ‘set up copying’, the orders of the Master Trader will be copied automatically.

What is the minimum deposit for LimeFX?

The educational webinars provided by LimeFX are engaging and informative, making it easy to stay updated on market trends and trading strategies. LimeFX provides a fantastic demo account that has allowed me to practice my strategies without any financial risk, which is great for honing my skills. LimeFX’s commitment to user experience is evident in their well-designed platform, making it easy for traders of all levels to navigate and succeed. LimeFX has transformed my trading experience with its intuitive platform and excellent tools, making every trade smooth and enjoyable.

We hope, with these insights, anyone interested in LimeFX trading opportunities could decide whether to invest in them or not. Users from all over the world have traded in the financial markets using our platforms and mobile apps. Therefore, it is doubtful that the ‘LimeFX scam’ is a correct evaluation of the our activities. Their customer service is accessible beyond standard business hours, offering 24/7 support in 20+ languages available via Live Chat and email. The broker also maintains a comprehensive FAQ section on its website, providing in-depth information on common queries related to trading, account management, deposits, and withdrawals.

It’s wonderful to know you would limefx broker reviews recommend LimeFX to others! We truly appreciate your suggestions regarding spreads during news releases and the variety of account types. This broker has many qualities suited to beginners but can also cater to experienced traders with the advanced features of MetaTrader.

The globally recognized trading platforms like MetaTrader 5 and MetaTrader 4 are offered by LimeFX for trading through Web – Windows and Mac and Windows Desktop. You are offered a range of financial asset classes to select from by LimeFX. However, its offerings are limited in comparison with other standard Forex brokers in the market. The spreads for most instruments are about the same with both the account types at LimeFX. If you consider their GBP/USD spreads for example, it is on average 1.1 pips with MT4 & MT5 accounts. Comparably, this is moderately higher than the overall fees charged by Raw spread brokers (we calculated spreads + commission).

LimeFX provides a diverse range of trading assets, including forex pairs, CFDs on indices, commodities, stocks, and cryptocurrencies. It offers competitive leverage and a variety of account types to cater to different trading needs. Our research team conducts thorough testing limefx website on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.

MetaTrader 4 and MetaTrader 5

1. The broker offers three main account types; LimeFX MT4, LimeFX MT5, and LimeFXTrader.
2. These resources cover essential topics and strategies to help you grow as a trader.
3. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs.
4. The minimum deposit is $25, same as MT4 & MT5 accounts.
5. LimeFX is a Forex broker providing ECN trading and CFDs on Indices, Metals, and Cryptocurrencies via MT4 and MT5.

I was also pleased to see a risk score assigned to each trader, to help users differentiate between traders with historically conservative results versus those that have had more volatility and risk. It would be useful to be able to sort the columns from highest to lowest, but that feature is not yet available when looking at the Master Rating results page. LimeFX has made great strides with its pricing options for traders and its educational content, but suffers from a limited range of tradeable instruments. I’m extremely satisfied with the responsive customer support at LimeFX; they always provide timely assistance when I have questions. The detailed market analysis from LimeFX is a huge advantage, helping me make informed trading decisions with confidence. I’m really impressed with the comprehensive educational resources offered by LimeFX, which have significantly boosted my trading knowledge and confidence.

A Straightforward Process

The Broker offers access to an easy-to-use trading platform with excellent customer support and has a trust score of 90 out of 99. LimeFX is an international broker providing online trading services since 2011. It offers commission-free access to financial markets and a variety of services already utilised by clients from 160 countries with more than 42 million trading accounts. LimeFX is a well-established Forex Broker with an Impressive offering.

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These platforms provide robust charting and a wide range of order types and enable automated trading. The web-based LimeFXTrader platform is a beginner-friendly and convenient alternative. LimeFX excelled in the category of fees, with tight spreads in CFDs on forex and shares. It also bucks the industry trend by not charging swaps or inactivity fees. For both trading accounts (LimeFX MT4 and LimeFX MT5), all fees are reflected in the spread – there are no additional commissions charged.