LimeFxFX LimeFx Review Online Forex Trading Analysis

The MetaTrader platforms are well known for facilitating copy trading and developing trading forums. Clients of LimeFx are able to engage in the Expert Advisor and MQL5 areas of the MetaTrader site. The website is registered under LimeFx Markets Incorporated established in St. Vincent and the Grenadines which permits its clients to take advantage of higher leverage and bonus promotions. Choose from 300+ trading instruments, including shares, commodities, and indices.

LimeFx is best suited for both beginner and intermediate traders due to its easy-to-use platform, educational resources, and low minimum deposit requirement. The broker provides comprehensive trading tools and features that traders can leverage to optimize their trading strategies. Additionally, LimeFx offers impressive customer support to assuage any potential challenges traders might face.

Features like its trading glossary, platform tutorials, and dozens of Frequently Asked Questions (FAQs) help to flesh out LimeFx’s educational offering. That being said, there isn’t much educational content for learning how to trade or understand market dynamics. It’s worth mentioning that the broker does have a blog and a YouTube channel, yet I was still left wanting more. NBP — the LimeFx management/trade order system ensures that the client cannot lose more than the initial deposit in their account.

It is also a rare broker fully compliant with Shariah law for Islamic traders. I cannot stress enough the difference this makes, especially over time. has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry.

  1. Customise your account—real or demo—or just create a standard margin account in one click.
  2. LimeFx is regulated in Cyprus by the Securities & Exchange Commission (CySEC) and in South Africa by the Financial Sector Conduct Authority (FSCA).
  3. Unlock lower spreads, personal guidance, and many other benefits by increasing your account balance.

The Pro account uses the MetaTrader MT5 platform and offers a wider range of markets than the Micro account and spreads also tend to be a little tighter. LimeFx does not levy internal withdrawal fees, but traders should consider potential third-party payment processor charges. The minimum deposit at LimeFx is $25, higher scammed by limefx than many brokers but within a reasonable range. LimeFx allows revenue share, where copiers only pay a fee on profitable trades or fixed revenue per lot, where a trading charge applies irrelevant to the outcome. Copiers may use the filter to evaluate the Master Traders most suitable based on the commission structure.

The breakdown across the two different types of accounts is laid out in a reassuringly transparent manner. With trading costs being a significant determinant of success or failure, the broker is right to emphasise what a help this could be. Being regulated by a top-tier authority (CySec) means the firm must comply with certain regulatory protocols.

LimeFx Account Types

Copiers may copy trades in full or proportionally to their trading balance versus the Master Trader. I recommend the former, as it will result in superior trading results, as it adjusts positions based on portfolio size and leverage. One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade.

You can only add money to a real account

Keep trading so you can withdraw your bonus funds—you will get the payout automatically. Only the traders themselves could give us a better insight into their preferences. Over two years of research and development, we have interviewed traders worldwide, discussing the platform’s usability. Rather than specializing in any one field, LimeFx provides a wide assortment of content types. However, when compared to research leaders IG, Saxo, and CMC Markets, LimeFx has room to enhance its research offering. For example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status.

LimeFx platforms incorporate advanced charting tools, promote ease of use, and support algorithmic trading. Although not proprietary, the platforms provide opportunities for copy trading, allowing users to replicate successful strategies from other traders. We measure success by the cost-effective trading conditions we provide and by success stories our traders share.

Trading Fees

I appreciated that it has begun producing videos on advanced topics, such as Elliot Wave trading. LimeFx does have a proprietary app for social copy trading (the LimeFx Copytrading app), yet it still trails behind industry leaders such as IG and Saxo. Once it is created, you cannot switch the type of your LimeFx trading account. However, you can just create another one on a different trading platform—for free. Account opening is very much a standard process these days, but LimeFx does offer a particularly neat twist to the situation. The broker takes advantage of some of its clients being domiciled in regions that still permit promotions, and those clients can benefit from a range of offers.

Yes, LimeFx pays real money to traders who earn from their trading activities. It also includes $31M in bonus funds LimeFx paid over the past eleven years. LimeFx offers 24/7 customer support, primarily via live chat, with fast response times.

Both MetaTrader MT4 and MT5 stand out for the charting tools they offer. The standard MT4 package, for example, comes with 30 built-in indicators, over 2,000 free custom ones on offer and 700 available for purchase. It’s possible to access the LimeFx services while on the move by using the LimeFxFX app, MetaTrader app or through internet browsers. In terms of trading strategies allowed, scalping, expert advisors and hedging are all permitted across each of the two account types, which is not to be taken for granted. LimeFx is so confident about its pricing that there is a section of its homepage dedicated to sharing the live spread on some major forex pairs. LimeFx Markets Cyprus Ltd is an investment firm registered in Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC) using the domain

LimeFx Review Conclusion

As a result, the service is not available in a range of countries — including the USA, Brazil, Russia, Ukraine, Syria and Cuba. The MT5 account offers a wider range of markets than the MT4 account and there are no swaps. In terms of clients, it has over 900,000 users signed up and clears $4bn of traded volumes every day. Download our app and keep track of your orders whether you’re in the office, on vacation, or at home.

LimeFx is an up-and-coming broker that has been in operation for nearly 10 years. Its growth has enabled LimeFx to continue to expand its products and services. Adding additional regulatory licenses in Tier-1 jurisdictions would be a step toward winning more client trust. LimeFx offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments. There’s no question – if LimeFx wants to compete with the best MetaTrader brokers, it needs to make improvements in its range of products and its research and education.

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