Cryptocurrency trading is available at LimeFx through CFDs, but not available through exchange trading the underlying asset. The company provides global traders with access to the world’s largest liquid market through innovative trading tools, and the support of excellent trading educators while all operating under strict financial standards. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research and detailed forex guides, and we monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).

LimeFx’s pricing for forex trading is slightly higher than the industry average. Actually, LimeFx gained positive and high regard from the clients in terms of its good trading conditions and support, which is definitely a plus to our LimeFx Review. You still can use the famous MetaTrader 4, yet with LimeFx’s integrated and developed features that include EAs, scalping, and 0.01 lot sizes with Free VPS enhancement, but within limefx scammers the average trade of 500k. For the globally presented offices, each of them as a branch of Forex Capital Markets Limited follows the country’s financial authority and is licensed accordingly. Limited is regulated by the ASIC, LimeFx Germany is partially regulated by BaFin, and LimeFx Italy is subject to the control of CONSOB and FSCA (Check out the FSCA Regulated Infinox Capital Review) authorization in South Africa.

• They also provide professional education and research sections available for free.
• Our financial experts note that LimeFx offers a great variety of trading platforms including both industry-leading MT$ and MT5 platforms, as well as more sophisticated, Trading Station, NinjaTrader, TradingView, Zulutrade, and Capitalise AI.
• Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process).
• Our experts find FLimeFx a highly reputable broker since it’s authorized and regulated by some of the most rigorous regulators FCA and ASIC.

In our 2023 Annual Awards, LimeFx finished Best in Class for its excellent Platforms and Tools. Overall, due to the strong background of the broker, years of successful operation, and reputation in the financial world our financial experts find LimeFx broker a reliable and safe trading environment. Active or high-volume traders can enjoy their benefits with various available interfaces, good and competitive value spreads, or offerings with advanced technical features. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. Also, always count overnight fees or swaps (check out swap-free forex brokers) as a trading fee in case you follow a swing or long-term trading strategy, while active traders will get discounted pricing as well which is always good.

With its headquarters in London, LimeFx has grown to have multiple international offices and is licensed in several major regulatory hubs globally. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.

We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. 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. Finally, some of LimeFx’s educational content is only available if your balance exceeds certain minimum thresholds.

Our experts find LimeFx a good reliable broker with lots of benefits and appealing conditions. The broker has a worldwide reputation for offering an extensive range of trading conditions. The company platform offers one of the best selections in terms of tight spreads and low prices, which are balanced through your single account with them. They also provide professional education and research sections available for free. Beyond core platforms, the broker offers integration to LimeFx’s acclaimed execution of specialty LimeFx Apps offering an online marketplace where you can customize the trading experience.

Deposit Options

The range of products available to you will depend on which global entity under the LimeFx Group houses your trading account. In addition to a growing selection of over 300 CFDs that includes fractional shares and 41 forex pairs, LimeFx offers exchange-traded securities across 43 exchanges in Europe, North America, and the Asia-Pacific region. The following table summarizes the different investment products available to LimeFx clients. Beginner traders can count on company tool support while building their own strong trading strategy. Indeed, beginning traders face numerous challenges, yet time and even capital loss due to emotion-based trading are the main barriers to success.

• Each year we publish tens of thousands of words of research and detailed forex guides, and we monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).
• LimeFx indeed conducts a very convenient way for account opening, so you can set up a free practice account, which allows testing the platform and experiencing account benefits.
• You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
• Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 1946, which is a swing high resistance.

It is considered low risk since these regulators offer compensation schemes and secure transactions. On the negative side, which we think are not so many, there is a withdrawal fee for Bank Wire transfers in some regions and the support is not available on a 24/7 basis. Also, the broker might not be suitable for futures and options traders due to the lack of these assets.

While minimum balance requirements could incentivize some traders to utilize the educational resources, I think it’s better to make the content free for all clients. Motivation can instead be inspired by creating interactive courses that feature quizzes and incorporate progress tracking. It’s worth mentioning that your trading account balance must meet a threshold to access certain educational content.

LimeFx Review

Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. Thanks to its combined offering of both Trading Station and MetaTrader 4 (MT4), LimeFx delivers a reliable, feature-rich mobile experience for forex traders. ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research.

There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Read our full explanation and accounting of our research and testing process to learn more about how we test. Yes, based on your detected country of FI, you can open an account with this broker. ForexBrokers.com also recognized brokers that demonstrated excellence and innovation with our exclusive Industry Awards.

Fees

For traders who appreciate advanced trading tools and quality market research, LimeFx is a winner – especially for algorithmic trading. Though its range of tradeable markets is growing, it remains fairly narrow, and the pricing at LimeFx is just average. Our financial experts note that LimeFx offers a great variety of trading platforms including both industry-leading MT$ and MT5 platforms, as well as more sophisticated, Trading Station, NinjaTrader, TradingView, Zulutrade, and Capitalise AI. LimeFx provides a respectable variety of market research from a combination of in-house content and third-party materials. Overall, LimeFx’s research is a touch above the industry average and will satisfy most forex traders, though it’s not as rich or diverse as what’s offered by the best brokers in this category.

In simple words, leverage is a credit shoulder that is given by the broker to your trading account with the purpose to multiply the trading size of your positions. The LimeFx LTD is headquartered and regulated in the UK by the Financial Conduct Authority. The LimeFx Group is headquartered in London (UK), offering dedicated customer support service regardless of clients’ location through a global chain of offices situated in Germany, Australia, France, and Italy. Additionally, through the various affiliated offices, the broker provides access to the residents in Greece, Israel, and South Africa, thus becoming a truly global broker. Our experts find FLimeFx a highly reputable broker since it’s authorized and regulated by some of the most rigorous regulators FCA and ASIC.

LimeFx Review Conclusion

LimeFx’s in-house education is above average, and primarily takes the form of articles, videos, and content produced for its LimeFx YouTube channel. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information.

LimeFx hosting regular educational events in various cities around the world with a great focus on African region education since enlarging its activity. LimeFx understands deeply the necessity of good quality education and that materials and knowledge are the keys to potential success. From the moment you submit and confirm the request to withdraw money from your account the accounting department typically processed and confirms withdrawal within 2 business days. Nevertheless, allow your payment provider to add on some working days to process the transaction as well. LimeFx indeed conducts a very convenient way for account opening, so you can set up a free practice account, which allows testing the platform and experiencing account benefits. This website is using a security service to protect itself from online attacks.

Other trading platforms

Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades https://limefx.vip/ of collective experience covering the forex industry. Seeing that the broker has suitable and favorable offers for both trader categories, all clients can benefit by signing with LimeFx.