LimeFxFX Review 2023: Popular Forex & CFD Broker

This authorization procedure is followed as part of the KYC compliance of the country of residence. These two minor points do not detract from the trading experience, and LimeFx can be congratulated for so effectively shaking up the broker space. 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. LimeFx states that the firm is in full compliance with international legislation and regulation standards, and guarantees funds security and negative balance protection (NBP) to its clients. There is no extra verification required, and once a client’s separate wallet is set up, it’s easy to hook up to the signals of other traders.

  • OLimeFxFX maintains a selection of 35 currency pairs, 31 cryptocurrency pairs, 5 commodities, 10 index CFDs, and 150 equity CFDs.
  • On the upside, those markets that are available are traded using the MetaTrader platforms, so at least the quality of service is guaranteed to be high.
  • Traders may access the Manuals to obtain more specific assistance regarding the three trading platforms, related tools and services, and Autochartist.
  • Copiers must fund their copy trading account before following Master Traders.
  • Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.

LimeFxFX extends three types of trading accounts to suit diverse user needs – the Micro (MT4), Pro (MT5), and the ECN (cTrader) account. All three account types, beneficial for both beginners and professionals, provide fair and competitive conditions. I tried to make a withdrawal right after I deposited a certain amount of money due to an urgent payment that I had to settle. LimeFx sent me an email asking what happened that I withdrew the money in a few minutes gap without trading.

Islamic Accounts

Additionally, these crypto networks are available on the mobile app with the Mt4 & Mt5 platforms. To get the best features, a user needs to have an LimeFx platform and select the top web trader strategy. Our in-depth LimeFx covers everything you will need to know, whether you are new to trading or you are looking to add more trading financial instruments and charting tools to your repertoire. Let’s check out all the comparison feature of LimeFx & dig deeper into the LimeFx review. There is no commission charged on both deposits and withdrawals, MT4 and MT5 commission is included in spreads as mark-up, and no additional fee is applied.

That is, it’s MT5 with the LimeFxFX logo on it, if branding consistency is important for you, feel free to use it. The main advantage of this platform is easier sign up along with less hassle when making deposits and withdrawals. The MT4 platform comes with ultra-intuitive charting options and all the most common technical indicators. It’s very simple to enter buy and sell orders, as well as set stop-losses, you can even use Expert Advisors (EAs) for automated trading.

  • Since the rules are set for a reason, the purpose of the rules within the forex market regulations is to protect against the risk of a complete loss of capital.
  • Gold, renowned for its transmutable value and historical reliability, serves as a robust safeguard during phases of currency depreciation and heightened inflation.
  • The reason MT4 is ideal for new traders is that it allows them to invest small funds, thus the term ‘Micro Account’.
  • Spreads can be as tight as 0.0 pips and those who go with the ECN/STP processing option will be provided with exceptional flow quality and reduced slippage.

We should also mention you shouldn’t get requotes or rejections since market execution rather than instant execution is used. LimeFxFX only have a spread-only account meaning no commissions are charged in addition to the spread. In this LimeFxFX review, we’re going to take a deep dive into the pros and cons of using LimeFxFX as a broker.

In just another couple of clicks, our demo account was open, and we could now have access to the trading platforms. Both accounts offer most features found in a standard account with similar types of brokers. This means no commission costs in addition to the spread with these spreads starting from 0.8 pips for the EUR/USD currency pair. For both of the account types offered by LimeFxFX, spreads are floating and start from a minimum of 0.8 pips and have an average of 0.9 pips for the EUR/USD currency pair.

LimeFx Resources Offered

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. I highly recommend the MT5 trading account for equity traders and MT4 for Forex traders due to its limefx broker reviews superior tools for algorithmic traders. LimeFxFX classifies the MT4 trading account for the Traditional Trader and MT5 for the Innovative Trader. I like the cost savings at LimeFxFX for traders who keep leveraged positions open for multiple trading days. The cost savings for a 1 standard lot EUR/USD position can amount to $60+.

MT4 Micro Account

LimeFxFX is regulated by the Financial Services Authority – St. Vincent & the Grenadines. In case of aid or additional assistance, they can contact you via call. The minimum deposit for this broker is $5 with Perfect Money, but realistically this isn’t going to be enough to trade with, so I would recommend at least $50 to get you started.

Even with this ECN/STP broker model, the spreads on currencies and other assets are extremely competitive and are on par with many online trading platforms. adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.


Traders conduct all financial transactions from the secure back office, and LimeFxFX does not charge deposit or withdrawal fees. Third-party costs may apply, and I recommend traders check with their preferred provider. I like that LimeFxFX offers several cryptocurrencies, but I am missing more third-party payment processors and localized options, especially for its core markets.

MT5 is a next-generation platform with a pro account that is thought to replace MT4 in the near future. It allows multi-pair testing, and in comparison, its back-testing features are better and faster than MT4. Several problems that MT4 has like, pending orders, have been eliminated in MetaTrader 5 pro account. It has better features than MT4; one-click trading makes it easier to open a new position with just a single click.

Dear LimeFx team

Founded in 2011 in St. Vincent and the Grenadines, LimeFxFX is making sure to provide its clients with the best trading experience they can have. LimeFx crafts diversified account types to cater to the multifaceted needs of traders. Whether you are a novice exploring the domain or a seasoned trader, our accounts are designed to meet your specific requirements and trading goals. Explore the comprehensive trading solutions with LimeFx and elevate your trading experiences to unprecedented heights. LimeFx is a trusted global broker that offers a user-friendly platform, and a wide selection of tradable instruments. LimeFx acts in full compliance with international legislation and regulation standards and guarantees fund security and negative balance protection to their clients.

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