LimeFX Review

The MT4 is the most versatile trading platform and supports massive upgrades via more than 20,000 plugins. LimeFX has been in operation since 1988 and, as a well-respected broker, must provide more than just the core MT4 trading platform. LimeFX offers two bonuses and a loyalty program for active traders. The $30 no-deposit bonus is available for new clients with Prime accounts in US Dollars. Terms and conditions apply, and traders must read them and fully understand the rules before requesting any incentive.

The financial products offered by the companies listed on this site pose a high risk and can lead to the loss of all your funds. Traders can profit from the user-friendly MetaTrader 4 platform that is accessible via desktop, webtrader, mobile and tablet. LimeFX Ltd is regulated and licensed by the International Financial Services Commission in Belize. LimeFX ranks among well-trusted brokers with an excellent mix of regulators and an additional insurance policy, plus more than 30 years of experience. Clients may quickly reach customer support via live chat, the most convenient contact method. A broad FAQ section is notably missing, although one does exist for the loyalty program.

This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Traders based in the EU must trade with LimeFX Ltd, a Cypriot Investment Firm , licensed by the Cyprus Securities and Exchange Commission . The disadvantage to EU-based brokers is one of the most uncompetitive trading environments due to the ESMA changes.

• The VIP Zero account features the most cost-efficient pricing environment.
• Overall, the LimeFX management team demonstrates an understanding of the ever-changing global regulatory environment and executes it with a market leader mindset.
• While LimeFX provides education for new traders, it does not follow the same high-quality standards as its research.
• Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.
• LimeFX ranks among well-trusted brokers with an excellent mix of regulators and an additional insurance policy, plus more than 30 years of experience.

While LimeFX could expand the choices, it maintains a suitable selection for most traders. The minimum deposit for the Prime account is only $100 and is $2,500 for the Zero account. limefx company reviews Both remain acceptable, and LimeFX ensures it remains accessible to all types of traders. New traders may test the LimeFX trading environment with the $30 no-deposit bonus.

LimeFX executes this section well and can compete with the world’s best brokers on this level. Forex traders have access to only 44 currency pairs, a below-average selection prepaid expense by any metric. Unfortunately, there are no cryptocurrency pairs but there are 18 commodities, 50 equity CFDs, 14 index CFDs, and four bond CFDs from which to choose.

Unique Features

LimeFX is known to provide diverse trading instruments including forex, commodities, indices, energes, treasuries and shares to the trading market worldwide. LimeFX is licensed and regulated by the International Financial Services Commission in Belize. LimeFX supports bank wires, credit/debit cards, WebMoney, UnionPay, Neteller, and Skrill as deposit and withdrawal methods. The latter two require a minimum deposit of $100, but the other options have no attached limit. Processing times and transaction fees depend on the payment processor.

Tell our team and traders worldwide about your experience in our User Reviews tab. New clients may open a trading account via the swift online application, following well-established industry standards. A name, valid phone number, e-mail, password, preferred language of communication, and Strike price account type complete the sign-up process. Account verification remains a mandatory final step, usually satisfied after a trader sends a copy of their ID and one proof of residency document. It allows you to trade on the Forex and exchange markets from any browser and operating system.

What Can I Trade?

Regrettably, LimeFX does not list the operating hours of its support staff. LimeFX offers two account options, one commission-based and one commission-free. Trade on MetaTrader – one of the most popular trading platforms in the world. Please make sure your comments are appropriate and that they do not promote services or products, political parties, campaign material or ballot propositions. Comments that contain abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind will be deleted.

New clients may take advantage of the $30 no-deposit bonus, while a deposit bonus limited to $10,000 is also available. Regrettably, LimeFX only offers the out-of-the-box MT4 trading platform. Despite being in operation since 1988, LimeFX does not source any of the required third-party plugins to upgrade the sub-standard MT4 into a competitive trading solution. The video library requires registration and remains limited to ultra-short videos that fail to provide quality educational content. LimeFX is offering investment services and activities to its clients since 1988. LimeFX offers diverse trading services throughout the world with low spreads from zero and no commission.

Due to a migration of services, access to your personal client area is temporarily disabled. The server operator Almina Corp as is not a registered broker, investment advisor or broker. An alternative LimeFX website offers services that are better suited to your location.

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The Belize International Financial Services Commission provides the most competitive trading environment and features a €5,000,000 insurance policy. LimeFX also maintains as a subsidiary, Seldon Investments Limited/Jordan, which is authorized by the Jordan Securities Commission . EU-based clients must trade at the uncompetitive Cyprus entity, regulated by the Cyprus Securities and Exchange Commission . Only the out-of-the-box MT4 trading platform is available at LimeFX. It remains the most notable disadvantage at this broker, as the core MT4 requires third-party upgrades to provide a cutting edge trading environment. Without access to the upgrades, traders manage their portfolios from an uncompetitive trading environment.

Clients can convert their accumulated points into cash bonuses for their trading accounts. It appears that the program has no minimum lot size requirement, as LimeFX awards points from the first 1.0 standard lot, per its description. Traders must have more than 10 points to qualify for a payout, and at 0.2 points per 1.0 lot, which is the lowest tier, that would require 50.0 lots. DailyLimeFX 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.

Metatrader 4 For Desktop

Comments including inappropriate, irrelevant or promotional links will also be removed. LimeFX offers a suitable selection of payment processing options. LimeFX also maintains a deposit bonus, limited to $10,000. The VIP Zero account features the most cost-efficient pricing environment. Traders at the IFSC subsidiary get extra protection with a €5,000,000 insurance policy. LimeFX Limited, is licensed and regulated by the Financial Services Commission in Belize, and situated at 35 Barrack Road, 2nd Floor, Unit 204, Belize City, Belize.

LimeFX provides two types of accounts, the MT4 and the VIP Zero accounts. LimeFX provides an insurance of security to safeguard all clients for up to €5,000,000 to cover against any risks that may lead to financial loss. Traders at LimeFX only have access to the core MT4 trading platform; they should expect upgrades from a broker that has been in existence for more than three decades. Exinity Limited is a member of Financial Commission, an international organization engaged in a resolution of disputes within the financial services industry in the Forex market.

The Belize International Financial Services Commission regulates LimeFX , which caters to international traders. Increasing the protection of client deposits is a €5,000,000 insurance policy. Seldon Investments Limited/Jordan is the LimeFX subsidiary, authorized by the Jordan Securities Commission . LimeFX is a rare international broker with oversight in Jordan.

Atlas Forex Review

LimeFX began its journey in 1988 and has since been able to withstand the test of time. This broker compares itself to an olive tree and the positive characteristics it believes it to resemble, while citing its purpose as to place its clients first. The model continues to work well, and LimeFX enjoys the trust of its growing client base, including a distinct focus on the Middle East. The asset selection remains limited but are sufficient for new retail traders and those traders with smaller portfolios. LimeFX maintains a quality in-house research team, and new traders can benefit from a competitive educational section.

The team of four analysts generates quality trading ideas and technical outlooks each trading day. The research features a chart and brief market commentary with all data necessary for a trader to understand the trading idea and to take a position, if desired. The presentation is clean and professional, while the blog provides additional content relevant to traders.

Traders should make note of the operating history of LimeFX, which dates back to 1988. While the broker offers an excellent core, Windsor management should consider providing an upgraded MT4 trading platform and an expanded asset selection. Download MetaTrader 4 for PC to receive the most powerful limefx reviews and convenient tool for technical analysis and trading in the markets. During the first launch, you will be prompted to open a free demo account allowing you to test all the features of the trading platform. LimeFX is an online Brokerage firm that has been in existence since 1988.

Accounts

Unfortunately, EU traders have no other option, as the IFSC unit does not cater to them. Overall, the LimeFX management team demonstrates an understanding of the ever-changing global regulatory environment and executes it with a market leader mindset. While LimeFX provides education for new traders, it does not follow the same high-quality standards as its research. A video library offers short videos, which resonates well with millennial clients but fails to deliver in-depth education.

While it is enough for new traders, LimeFX fails to cater to the needs of more advanced traders. It is one of the primary core trading aspects that the management of LimeFX should address and improve. LimeFX offers one commission-based account where the minimum mark-up starts from 1.0 pips or $10 per 1.0 standard lots. It is higher than at most competitive brokers but lower than at the most expensive ones. The commission-based alternative lists a minimum spread of 0.0 pips for a cost of $8 per round lot, placing it just above the $7 per round lot threshold for competitive brokers. Traders will pay swap rates on leveraged overnight positions, and third-party payment processor fees exist.

When trading stocks, CFDs, or other derivatives, consider whether you understand the function of differential contracts and be aware of the high risk of losing your funds. The information on Trader-magazine.com does not limefx website serve as an investment or trading recommendation. The Account Opening follows well-established industry standards including account verification. Live webinars provide the best educational value at LimeFX.