They take a customer focused approach and are committed to providing the highest standard of services with full transparency to clients. Our team of industry experts conducted our reviews and developed this best-in-industry methodology for ranking online investing platforms https://limefx.vip/ for users at all levels. 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.

  • The platform is equipped with numerous technical indicators and one-click trading, allowing for insightful market analysis and efficient trade executions.
  • We do not provide financial advice, offer or make solicitation of any investments.
  • These tend to have higher marked up spreads but you do not pay a commission on trades.
  • Pricing for Forex, spot, and CFD instruments is average-to-competitive, with significantly lower costs at higher account tiers.
  • With last week providing a pleasant surprise for traders at the last day, the new one begins with new hopes for better days.
  • They recently added cryptocurrency coverage to a broad selection of forex, spot, and CFD trading products.

However, traders are advised to be aware of potential third-party charges and the broker’s swap fees for positions held overnight. With MT4 WebTrader, you gain market access from any browser, allowing a seamless trading experience without the need for downloads. It provides unbridled access to our multi-asset trading accounts with full functionality via a sleek, user-friendly web interface, compatible with Windows, Mac OS, Android, and any internet browser. This site was created for people interested in learning digital options, cryptocurrencies, Forex, CFD, ETF, OTN, and ICO and, of course, how not to fall for the bait of unscrupulous trading platforms. Here you can find a lot of useful information about brokers, strategies, and the latest news from the world of online investment possibilities and many other interesting topics.

LimeFx is an award-winning global online trading broker that offers STP/ECN services to retail and institutional investors alike. You can trade a great selection of over 300 financial instruments with a wide variety of account types to choose from, spreads as low as 0.0 pips and support in over 30 languages. I think they can be a good choice for beginners as there are plenty of educational resources and free demo accounts so that you can practice trading online. The minimum deposit required to open an account is only $100 which is great when you consider the industry leading trading platforms and conditions they offer.

This can be the perfect way to get used to using the platforms and for testing your trading strategies in a risk-free environment. This is not something exclusive to this broker, you will find most have a demo account available. If you are looking for the smallest possible spreads (starting from 0 pips), then you may consider the zero spread accounts. These do charge a very competitive commission which varies depending on the level of the account. I must admit that the commission is not the lowest I have seen, but I also feel that the quality of the broker makes it worthwhile. I am really impressed with the variety of accounts and think it is very advantageous how you can choose depending on what matters the most to you, whether that be low spreads or no commission fee.

Select Your Ideal Trading Account

They recently added cryptocurrency coverage to a broad selection of forex, spot, and CFD trading products. Earlier in 2018, LimeFx announced a partnership with EmurgoHK to open a cryptocurrency exchange, but the launch date hasn’t been announced. LimeFx prides itself on creating a revolutionary online trading environment, granting extensive access to a broad and versatile array of trading instruments spanning across six distinguished asset classes. Unearth boundless Forex Trading possibilities with 80+ currency pairs, encompassing Major, Minor, and Exotic currencies, or explore the diverse realm of Commodities, Metals Indices, Shares, and Futures. The broker provides you with top class global customer support in over 30 different languages.

  • LimeFx stands as a distinguished global online broker, providing a broad spectrum of trading instruments, inclusive of Forex, Metals, Futures, Commodities, Shares, and Indices.
  • To withdraw takes a different approach from depositing; however, the withdrawal process might be delayed, sometimes up to seven days.
  • Learn more about how we review products and read our advertiser disclosure for how we make money.
  • LimeFx combines competitive pricing, user-centric trading platforms, and pioneering tools and materials, rendering it an excellent choice for both novice and adept traders.
  • You can choose from a great variety of trading platforms with low pricing and fast execution speeds.
  • With a foundation in award-winning service, LimeFx presents 10 innovative trading platforms, offering access to over 300 tradable instruments encompassing forex, spot metals, futures, shares, spot indices, and commodities.

This pioneering account type is an epitome of our commitment to providing unparalleled trading conditions and enabling traders to maximize their trading potential. LimeFx are renowned for their high-quality trading execution which they consistently look to improve by investing in technology advancements. The trading process is automated which keeps manual intervention to a minimum and thus helps to maximise efficiency and effectiveness. The award-winning trading platforms available provide an automated risk-management system to ensure that client accounts will never go negative. LimeFx incorporate advanced order execution with a vast amount of liquidity from liquidity providers (LP’s), low fees and competitive spreads (from just 0 pips) and 24-hour multilingual customer support. If you encounter any issues, reach out to their customer support team to guide you.

Markets

Different instruments are available for trade on the forex market, including currency pairs and Contracts For Difference (CFD). As a client of LimeFx, you can trade precious and base metals such as gold CFDs, silver CFDs, and platinum CFDs on metal. Overall, there is a wide range of instruments, with over 300 trading instruments. LimeFx is a leading online brokerage platform established in 2010, boasting a range of financial services.

Top Brokers

For those of you who are of Muslim faith, I am pleased to say that the broker does have swap-free accounts which comply with Sharia law. It’s great that they serve clients from all different backgrounds and with different religious beliefs. However, as with demo accounts this is something that you would expect from all brokers nowadays. One thing in particular I like that sets LimeFx apart from many other trading brokers is their admirable support for a wide range of philanthropic and charitable activities. Going beyond daily operations, they engage with local communities, assisting in medical research and education. This shows strong business ethics and a responsible corporate attitude by supporting community development.

There are plenty of account types and payment options to suit all types of traders whilst each client is treated equally. Furthermore, the charitable work they do is very commendable and good for the community. The broker offers industry leading products and services that I think can be a great option for retail and institutional clients alike.

Support

LimeFx Academy provides impressive educational features for smaller and less-skilled traders. The portal would benefit from more advanced topics but the narrow focus on newer traders makes sense as a marketing tool. A webinar section was locked, leading to a live account application, while the seminar section contained just two non-English programs in MP4 format. LimeFx offers Metatrader 4 and 5 but no dedicated or proprietary trading platform. Social and copy trading options are limited, with no dedicated third-party platform. They do offer a Mirror account, but that’s a hedging tool, not a social trading interface.

One thing you’ll appreciate about LimeFx is its deep commitment to educating its users with several resources for traders. On the site, users are loaded with an extensive library of resources that go into in-depth how to trade for traders regardless of their understanding of how the market works. The security measures above are enough to boost confidence in you on how the company has been very deliberate over the security of its users. It’s also not surprising that the LimeFx uses advanced technology such as the Security Sockets Layer (SSL) and has an anti-money laundry system which is industry standard. Regardless of what asset class you choose to trade, every beginner or experienced trader needs to realize that it carries some risk and needs to trade cautiously by employing proper risk management and understanding how the market works.

Is LimeFx a Legitimate Broker?

I would personally be looking at the zero spread account as I use trading strategies that rely on low spreads at all times. I don’t mind paying the small commission fee as the broker needs to cover costs somehow. The support for a trading tool or platform by a broker is key as it offers flexibility and, more importantly, increases the potential for use by advanced and beginner traders.

I like how they have strict regulation in multiple jurisdictions and are well respected within the industry. The high quality of their services has been acknowledged by the numerous international awards that they have won over the years. If you are looking for a reliable trading broker with everything that you need in once place and much more, LimeFx are a top choice. The forex broker, which is accessible to both Android and iOS users, offers six different asset classes with hundreds of instruments to trade. It offers a lucrative affiliate scheme, has good training resources, supported trading platforms, trading account types, and a great customer support team.

Email address and phone numbers are provided for satellite offices in Cyprus, South Africa, and Australia, allowing local contact. Or international phone number, forcing potential charges for calls made to Cyprus or other satellite offices. The web-based Trader’s Dashboard social sentiment indicator provides hourly updates of client positions on a subset of popular Forex pairs, spot markets, and CFDs but there’s no direct interface into the MT trading platforms. LimeFx maintains transparency with its fee structure, with most accounts having zero commission and competitive spreads.

I think the desktop version of the platform is great for running automated systems (expert advisors) whereas the mobile trading app is perfect for taking the markets everywhere with you in your pocket. MT4 is perhaps the most popular online trading platform that is used by millions of traders across the world of all experience levels. It is very user friendly with an abundance of implemented trading tools for efficient markets analysis and trade management. MT4 has a short learning curve whilst there are plenty of online tutorials that can help to familiarise new users to the platform.

Metatrader 4 and 5 for Android, iOS, and Windows Mobile provide easy integration with desktop and tablet versions. Metatrader 5 adds important features lacking in the older version but retains frustrating aspects of this industry-standard software, including weak customization and limited conditional orders. The lack of two-factor authentication in both scammed by limefx Metatrader versions adds a security hole that needs to be fixed. The broker’s account diversity is impressive, with a tiered structure that includes floating vs. fixed and commission vs. no commission fee schedules. They round out their services with a variety of professional accounts, introducing broker (IB) branding and a portfolio management program.