It is regulated by CySEC, MISA, and FSCA, and has earned a trust score of 92 out of 100. 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 on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). The limefx website security of your funds – in terms of regulatory protection – will depend on which LimeFX entity holds your account, and which –if any – relevant regulations provide customer protections.
Designed to Cater to Both Beginner and Proficient Traders
Overall, with good support accompanied by low trading fees, abundant tools, LimeFX offers a great trading platform for beginner traders as well as Pros. LimeFX provides several account types, the LimeFX MT4 Account, LimeFX MT5 Account, LimeFXTrader, LimeFX Islamic, Swap-Free, and Risk-Free LimeFX Demo accounts respectively. The minimum deposit amount required to open an LimeFX live account is USD 25. The minimum deposit in forex trading refers to the smallest amount of money required to open a trading account with a forex broker. This long running outfit has played a great service to would be new comers to find a legit forex broker.
MetaTrader 4 is available as a mobile app for both Android and iOS devices, allowing traders to access their accounts, execute trades, and monitor the markets on the go. The minimum deposit amount required to register an LimeFX live trading account is USD 25. LimeFX provides live trading accounts – the LimeFX MT5, LimeFX MT4, and LimeFXTrader accounts. LimeFX offers various educational resources, including trading guides, webinars, and market analysis. LimeFX, formerly known as LimeFX, is a global online broker providing access to various financial markets, including forex, CFDs, and commodities.
Does LimeFX provide customer support?
Their spreads with this account are lower compared to the MT5 account. Trading with LimeFX will involve minimal fees, spreads from 0.6 pips, and commission-free trading depending on the account traders select. The required minimum deposit to open an LimeFX account is USD 25. LimeFX is a reliable broker offering Contracts for Difference (CFDs) and competitive spreads on a diverse range of 300 trading instruments.
Other trading platforms
There is also the possibility of earning extra money as a Master Trader within the copy trading platform. Advanced traders will appreciate the narrow spreads, zero commissions, and accessibility for all trading strategies. It includes Scalping, Hedging, and Automated Trading strategies. All traders are offered segregated accounts and negative balance protection by LimeFX. Overall, LimeFX (LimeFX) can be summarised as a trustworthy and highly regulated Forex Broker with widespread acclaim among traders due to its market-leading conditions.
I appreciated that it has begun producing videos on advanced topics, such as Elliot Wave trading. LimeFX does have a proprietary app for social copy trading (the LimeFX Copytrading app), yet it still trails behind industry leaders such as IG and Saxo. Check out my picks for the best mobile trading apps in the industry.
- Their customer service is responsive and always helpful.
- Though it has been granted regulatory status in Cyprus and South Africa via an intermediary (Orinoco Capital), LimeFX’s lack of additional reputable licenses heavily weighs down its Trust Score.
- LimeFX (formerly LimeFX) offers a basic, low-cost MetaTrader platform experience alongside its proprietary web and social copy-trading platform.
In addition to digital security measures, LimeFX follows strict financial security requirements by keeping customer cash separate from the company’s operating resources. Its dedication to security is shown by its multi-layered strategy to protect customer cash and information. The broker uses strict data encryption techniques to safeguard sensitive personal and financial information supplied across its systems. 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.
We shall strive harder to provide the best user experience to our customers. Dear Christian Nagy,Thank you for sharing such a unique and enthusiastic perspective on LimeFX! We’re limefx scammers thrilled to hear that you’re enjoying our platform’s features and benefits. If there’s anything we can do to make your journey with us even better, please let us know via live chat, email or DM us from LimeFX’s official social media platform. We’re always available to assist you.Kind regards,LimeFX Rep. Given its responsive and multi-channel customer service and the supplementary resources provided for customer support, LimeFX showcases a strong commitment to assisting its clients.
