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LimeFX Reviews and Account Opening Terms

LimeFX reviews

The broker does a good job of providing up to date market analysis for inspiring potential trade opportunities and some educational resources to assist beginners. They also have flexible account types, lots of payment options and excellent support. I think LimeFX can be a good choice of broker for anyone primarily looking to trade forex in a regulated environment with a broker that has been around since the initial boom in online trading began. LimeFX is an established online trading broker founded by a group of traders in 2005.

This is a highly regarded financial authority, with strict compliance protocols. The broker segregates client funds in top-tier UK banks and provides negative balance protection. The LimeFX UK entity does not offer bonus rewards or financial incentives due to ESMA regulations. As a result, British traders are not able to use a no-deposit bonus, promotion codes, a free welcome bonus, or participate in live account contests. There are a few historical bonus promotions run by the broker, but these were not available to residents of the UK. Self-confessed Forex Geek spending my days researching and testing everything forex related.

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The mobile versions contain many of the same features as the desktop platforms including placing orders, managing orders, interactive charts, account overview, push notifications, etc. I frequently use the apps to easily check my trades as and when required. LimeFX aggregate liquidity from multiple participants which can give you institutional liquidity and instantaneous order execution. This can help to reduce spreads and slippage whilst providing plenty of liquidity at all times.

  • According to our database, 92% of forex brokers allow you to trade U.S. stocks as a CFD, while only 29% allow you to own the stock itself.
  • They have various account types and funding option to cater for all different traders.
  • As the Ask price went above your stop level, the trades were executed correctly.
  • Though, take into consideration that some of the payment methods may incur transfer fees, which LimeFX charges according to the various payment conditions and regions respectively.
  • LimeFX now provides TickTrader to non-UK users, a fresh new trading platform with many of the same capabilities as MetaTrader, and more.

LimeFX is forex and CFD broker offering 600+ instruments using the MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView, and TickTrader platforms. This review will cover trading platform features, deposit and withdrawal fees, minimum deposits, and more. Today, the limefx scammers broker offers services to over 1 million traders worldwide including Canada, Germany, Vietnam and Nigeria. LimeFX provides trading instruments on several markets, including forex, commodities, cryptocurrency, stocks, shares, indices, metals, energies & CFDs.

On the other hand, STP account holders will incur no separate commission fee. The STP trading account has the benefits of ECN real market execution with a starting deposit of just $10, compared to $100 on the LimeFX ECN account. There is no commission charged on this account type although spreads will tend to be higher. I really like the minimum deposit requirement as this is really lower than the industry average of around $200. Whilst primarily being a forex broker, LimeFX offer trading instruments in multiple markets including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies & CFDs. However, I found them to be lacking in stocks when compared to competitors.

Regulated True ECN Broker

The news covers various currency pairs, economic indicators, central bank decisions, geopolitical events, and other financial market factors. Staying updated with live forex news can help traders make informed trading decisions and identify potential opportunities. This feature allows traders to replicate the strategies of successful and experienced traders directly in their own trading accounts. Myfxbook has a strong reputation for independent and reliable analytics, signals, and trader performance charts. LimeFX offers PAMM (Percentage Allocation Master Module) accounts, which allow clients to follow the trading strategies of successful traders known as Masters.

LimeFX reviews

Both the MT4 and MT5 platforms follow industry-standard security requirements, including 128-bit Secure Sockets Layer (SSL) encryption and two-step verification upon login. Anti-money laundering and know-your-customer protocol is adhered to. LimeFX offers all of its trading platforms (MT4, MT5, TickTrader, & TradingView) as mobile apps, compatible with iOS and Android smartphone and tablet devices. LimeFX offers four trading platforms; a proprietary platform named TickTrader, TradingView, plus MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

Copy Trading

Really excellent trading platform almost have features and reliable things here so i love too much LimeFX UK .I recommended to all my friends to trade in LimeFX.Great excellent excited. Hello, thank you so much for taking the time to leave us a 5 star rating – it’s much appreciated! Thank you so much for taking the time to leave such a comprehensive review, Max. We’re really pleased you rate us as an excellent broker and thank you again for your feedback. The only major drawbacks are the lack of copy trading and the modest range of assets, including no cryptos, vs alternative brands. The market opening hours and reflected UK timezone is reflected within the trading platform.

The broker also provides a bespoke proprietary terminal named TickTrader. An in-depth FAQ section/online help centre is also available via the broker’s website. https://limefx.vip/ There are plenty of user guides including step-by-step articles with responses to withdrawal problems and trading account registration support.

LimeFX is a trustworthy platform

It supports market and pending orders with the ability to pre-set order size, take profit and stop loss. You can also view the market depth level 2 data and the volume-weighted average price (VWAP). There is a knowledge base on the LimeFX website that includes tutorials on how to use the One Click Trading & Level2 Plugin.

Review pricing data, customise charts, and analyse instruments with technical indicators. All other windows will automatically refresh to show the relevant information for the selected symbol. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.

Markets & Instruments

Similar to deposits, Bitcoin, BitcoinCash, Litecoin, Ethereum, and Tether can be used for withdrawals, each with its own specific requirements. Regarding withdrawals, LimeFX caters to client needs with various accepted currencies, commission fees, and minimum and maximum amounts. While CFD trading presents opportunities for rewards, it also carries inherent risks. Factors such as fluctuations in supply and demand, as well as geopolitical issues, can significantly impact the market.

Will haev to remove the 2k I put into Wallet on there site and move back to Bank or another FX invetment company..I just wanted to Invest in PAMM or MAM account not free trade. Opening account was a bit better than some other sites I looked at. In semi-retirement / lockdown, I decided to learn to program again, and came across the MQL4 programming language. I’ve now deployed my first trading Bot, and I’m thoroughly enjoying the challenge.

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