One of the best features is the flexibility regarding commissions. LimeFX segregates client deposits from corporate funds and offers negative balance protection. LimeFX also has been catering to clients from over 100 countries for over a decade. LimeFXTrader provides a seamless trading experience—no need to lose focus switching between apps.
- ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry.
- Account registration with LimeFX is straightforward and user-friendly, allowing new traders to quickly set up their accounts and begin trading with minimal hassle.
- Uniquely, the company hosts regular webinars, with topics such as Fibonacci analysis, trading psychology, and broadcasts where you can watch one of the company’s traders for an entire trading session.
What is the minimum deposit at LimeFX?
LimeFX is a well-established Forex Broker with an Impressive offering. LimeFX offers customer support through various channels, various educational resources, and, negative balance protection to ensure that traders cannot lose more than their account balance. LimeFX was founded in 2011 and offers a range of trading platforms and tools. While it is MiFID regulated, it is not publicly traded and lacks some major regulatory authorizations. LimeFX provides comprehensive educational resources and a competitive limefx website fee structure, making it a solid choice for many traders.
The difference in leverage depends on the product trading, and where you’re located on the globe, due to which regulatory guidelines apply to your account. The customer service reps seemed not to be trained to handle very basic questions, so we imagine if you have a complex inquiry, you will be pulling your hair out. It is a similar story for credit card deposits, which seemed only to be available for certain countries, VISA for example appears only available for clients in the EU – very odd. Our broker reviews are reader supported and we may receive payment when you click on a partner site.
Trust and Safety
However, LimeFX suggests a minimum deposit of $100 for optimal trading experience. We can tell you that LimeFX has segregated accounts, which is the minimum you would expect to see from a broker as you don’t want them to be able to access your funds. They also claim to have highly skilled security engineers and technical specialists to ensure your data is safe. The user-friendly interface of LimeFX simplifies the trading process, making it accessible and enjoyable for both beginners and experienced traders.
MetaTrader 5 Web
LimeFX, formerly known as LimeFX, is a global online broker providing access to various financial markets, including forex, CFDs, and commodities. When we tried the customer support service offered by the broker, we realised that it offers prompt-based chat support and does not allow users to ask questions directly. Although the response is instant, the broker lacks a personal touch in customer support, you can opt for SmartSTP broker to get better and personalized customer support.
This means you can hold your position overnight (after New York markets close) for as long as you wish without needing to concern yourself with any rolling feels. Our in-house spread scanning software gave us an idea of how LimeFX spreads compare to other brokers. To do this, we take the Forex Fees and the average spreads brokers publish on their website and compare them with the spreads LimeFX public on their website. The detailed market analysis from LimeFX is a huge advantage, helping me make informed trading decisions with confidence.
Mobile App
If you’re a more advanced trader, and you want more limefx courses scam sophisticated tools, you may consider Pepperstone, Vantage, or LimeFX with a broader range of platforms. The LimeFX platform is essentially a white-label licensed version of MT5. If branding consistency is important to you, feel free to use it. The main advantage of this platform is easier sign up and less hassle when making deposits and withdrawals.
