LimeFxFX review updated 2024

LimeFx also has been catering to clients from over 100 countries for over a decade. Most major forex pairs have spreads close to zero, particularly on the ECN account. When looking at equities, only indices are offered with no option of single stocks, and only Gold and Silver are available in commodities, on a micro account. As LimeFxFX is regulated by CySec, the firm is authorized to offer its services to customers in EU member states.

  1. You must be diligent and thorough in your LimeFxFX review selection process to safeguard your hard-earned money.
  2. To better understand the LimeFxFX trading platform, you can create two separate accounts – one with real money and the other a LimeFxFX demo account.
  3. You should take the security of your personal information seriously and check SSL encryption is enabled on the LimeFxFX trading platform to protect you on PC and mobile LimeFxFX platforms.
  4. LimeFx takes it further and offers swap-free trading in its MT4/MT5 accounts.
  5. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey.

LimeFxFX offers two types of trading accounts with both being the same except one is with the MetaTrader 4 (MT4) trading platform and the other is with the MetaTrader 5 trading platform (MT5). We found Forex Broker LimeFxFX most interesting feature to be that they have no swaps. Other features include MT4 and MT5 trading platforms and commission-free spreads from 0.8 pips. You may also open a demo account to test the different trading platforms and conditions before opening a real account, should you wish.

When determining if we could add funds to our account via a simple bank transfer, the customer support person in the live chat couldn’t verify that a bank transfer was an option. Further researching the deposit options, we concluded that bank transfers and credit cards were entirely off the table for Australian traders trying to get funds into their accounts. If you are of the Islamic faith meaning you comply with Sharia law then this account is one of the best options on the market. Many brokers offer a swap-free account and while we are not experts in sharia law, we suspect they may not be truly sharia compliant.

LimeFxFx Overview

These include the SP500, Nasdaq, French CAC40, and Australian SPI 200. On the plus side, the company has been around since 2011 and seems to have plenty of positive reviews across the internet. You will also find trading available with micro lots, mini lots, and standard lots with the spread variable or floating. We should also mention you shouldn’t get requotes or rejections since market execution rather than instant execution is used.

LimeFxFX is regulated by CySEC and IBC in Saint Vincent and the Grenadines, and it is trusted by top-profile entities like Southampton Football Club in the UK. You can find the deposit option at the top of the toolbar, then select the payment method you want to use. Make sure you provide correct information if you want your account to be successfully verified, you will need to provide supporting documents that verify the information that you insert here. Alternatively, you can sign up using one of your social media accounts like Facebook, Google, or Apple ID.

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LimeFxFX is an online forex, and CDF trading broker awarded the Most Reliable Broker Asia 2023 at the Global Forex Awards. The initial deposit is also eligible for an LimeFxFX bonus of up to 50%, but there are an enormous set of terms and conditions that make it non-feasible to accept a deposit bonus. While a 50% bonus can increase the equity of an account, it limefx broker reviews is not advisable for traders who expect to make a withdrawal well before meeting the bonus terms and conditions. Andrew has a well-established career in fintech and came up with to maketrading on financial markets more transparent and accessible. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Forbidden trading techniques

Their Facebook page, for example, has more than 500,000 followers and they conduct Q&A seminars and informative posts with significant interactions with their followers. LimeFxFX broker’s website is a great source to learn about Forex trading and trading in other financial markets. There are several tools and materials that suit new traders and experienced ones as well. The LimeFxFX mobile app enables you to open and close market trades, check price charts and calculate the expected returns.

Is LimeFxFX Safe?

The app is available on Android and iOS for MetaTrader and cTrader platforms through iTunes and Google Play where it has very high reviews. With this, traders will have much more functions in terms of coding your Expert Advisors as it uses a coding language called MQ5. The most efficient experience is provided by the computer platform as it offers the most tools and functions.

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