We should also mention you shouldn’t get requotes or rejections since market execution rather than instant execution is used. LimeFxFX offers attractive pricing, with clear and understandable fees. LimeFxFX, in this regard, stands firm as it complies with all necessary regulations and takes substantive measures to ensure client funds’ safety. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
Opening an account with LimeFxFX is a relatively straightforward process. Guaranteed stop order fees, overnight funding fees, and currency conversion fees are not separately specified by LimeFxFX. We use dedicated people and clever technology to safeguard our platform.
- This website is using a security service to protect itself from online attacks.
- LimeFxFX only have a spread-only account meaning no commissions are charged in addition to the spread.
- In South Africa, LimeFx provides financial services to clients through an intermediary, Orinoco Capital, which is licensed by the Financial Sector Conduct Authority (FSCA).
- You can use any possible trading strategy and even EAs should you wish.
LimeFxFX offers a broad spectrum of tradable instruments to cater to different trading interests and strategies, though it doesn’t include all potential asset classes. I have got very good experience from you and I humbly request you to please share the updated news related to forex market with me as well. ForexBrokers.com also recognized brokers that demonstrated excellence and innovation with our exclusive Industry Awards. To see the complete list of Industry Award winners (and to learn more about our Annual Awards from our Director of Online Broker Research, Steven Hatzakis), check out our ForexBrokers.com Annual Awards page. Though it has been granted regulatory status in Cyprus and in South Africa via an intermediary (Orinoco Capital), LimeFx’s lack of additional reputable licenses heavily weighs down its Trust Score.
Investment Products
Bear in mind that in case the equity of your account becomes less than the bonus size, the bonus will be cancelled. Bonus funds are a part of your equity and free margin, consequently, but only if your equity is bigger than the bonus amount. That means that the bonus will not help you to avoid stop out or to keep an open trade longer.If the equity of your account becomes less than your bonus amount or equal to it, the bonus will be cancelled. For any further queries, please contact us via live chat or email (). Dear Jerome Martin,We sincerely apologise for the delay in our response. We greatly appreciate your kind words regarding our efficient order execution and swift payment methods.
We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. The most successful brokerages are those who employ a sales oriented support https://limefx.name/ team as well as sales staff. It’s important to note that the existing clients of a brokerage tend to account for a larger share of new capital than new business. In addition, incoming business represents the greatest chance of new acquisitions.
And more than likely a no-go for wherever in the world you may be located. When trying to determine if we could add funds to our account via a simple bank transfer, the customer support person in the live chat couldn’t even verify that a bank transfer was an option. LimeFxFX demo accounts are available with MT4 and MT5 and have no time restriction on the trial period. With this in mind, the demo accounts are effectively a practice account.
- By doing that, you will be able to keep us informed about the latest news and promotions that we have to offer.
- We hope you continue using LimeFx, and we’ll provide you with the best user experience.
- I replied the email and LimeFx processed my withdrawal in less that 10 minutes.
- If you’re a Forex trader outside of the EU, things start to get wild.
- The most popular of the three platforms is MT4, which is the industry standard workhorse that more or less every retail broker offers.
- Our forex comparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner site.
The LimeFxFX platform is essentially a white-label licensed version of MT5. 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.
Tailored for All Traders
Becoming regulated in more jurisdictions – especially in Tier-1 jurisdictions – will go a long way towards building trust with existing and prospective customers. While LimeFx has improved its educational offering with webinars and live trading session recordings, its educational articles and videos suffer from a lack of variety. Rather than specializing in any one field, LimeFx provides a wide assortment of content types.
Comoros Forex Broker License
Please stay tuned for more updates, and make sure you don’t miss our upcoming promos. If you’d like to add anything else, please contact us at We’d love to hear from you.Kind regards,LimeFx Rep. Dear Frank Jules Fonkie,Thanks for using LimeFx, for your feedback, and for recommending us. We love to know you can choose and have the freedom of trading, enjoy our lower spreads and an open and honest environment.
Be innovative with MetaTrader 5
Through our in-house spread scanning software, we were able to get an idea of how LimeFxFX spreads compare to other brokers. To do this, we take the average spreads brokers publish on their website and compare them with the spreads LimeFxFX public on their own website. The entire process can be completed quickly, often within a day, provided the necessary documents are readily available.
Other features include MT4 and MT5 trading platforms and commission-free spreads from 0.8 pips. This allows less experienced traders to learn from and imitate the trading strategies of successful traders. Therefore, it not only facilitates learning for beginners but also potentially enhances trading outcomes. It has made great strides with its pricing options for traders, but suffers from a limited range limefx official site of tradeable instruments and a lack of variety in its educational content. When you give your funds to a brokerage, you’re putting a lot of trust into that company with regard to a number of factors. Namely, how they’ll take care of your funds, how honest and transparent they’ll be with markets, spreads, and trading orders, and whether they’ll pay out your funds and profits when you go to withdraw.
The big changes in MT5 are an increase in the charting options, such as timeframes and lesser-known technical indicators. We tried to go through the process of opening and funding an account as an Australian resident (where we are located). LimeFxFX only have a spread-only account meaning no commissions are charged in addition to the spread. We asked LimeFxFX who their liquidity providers are and while we don’t have a complete list they advised LMAX Global, Swissquote, Saxobank and Euronext FX are some of them.
While 35 pairs mean LimeFxFX offers all the popular pairs to trade with, less popular pairs can be more volatile which means more opportunity to profit from this volatility. We think a good broker should have at least 60 currency pairs to trade with and you will find this with brokers such as Pepperstone (62 pairs), IC Markets (63 pairs), OANDA (70 pairs) and IG (100 pairs). 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). The broker uses a no-dealing desk trading model which means they send your trades directly to the liquidity providers who will be the counterparty for your order. This trading model is commonly called straight-through-processing (STP) or electronic communication networks (ECN) and is used by many brokers that don’t use a market maker execution model.
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We exist to provide outstanding services for accessing the Forex market. Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).