Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. A wide variety of educational content is available for LimeFX users under the ‘Traders’ Tools’ sections. This includes an economic calendar, daily analysis posts, as well as trading signals and market insights. Video content is also provided via YouTube, with much of this content archived. This provides a great digital library of webinars that users can take advantage of.
LimeFX is powered by its own platform—LimeFXTrader, MT4, and MT5, which have a reputation for being limefx website some of the most profound trading platforms. MT4 represents the best choice for those who have just started trading. In comparison, MT5 features built-in tools for a deeper technical analysis and professional trading experience. Nothing on this site constitutes advice or a recommendation – you use the site and its contents at your own risk.
Deposit and Withdrawal
- Another thing we should note is that in the case of LimeFX, we assume the spreads haven’t been widened.
- If you have any further questions or need assistance, don’t hesitate to reach out to us at We look forward to supporting you as you continue your trading journey with LimeFX!
- They address my queries promptly, ensuring I feel supported throughout my trading journey.
Copy and automated trading are only available on the MT5 desktop platform. MetaTrader is also popular due to its copy trading and automated trading features. In our tests for the Trust category, we also cover factors relating to stability and financial strength. Here, we focus on how long the broker has been in business, what is the company size, and how transparent the broker overall. This section will cover how the different entities of LimeFX are regulated and how this impacts you as a trader.
I think this is an excellent tool for finding customised signals. It can literally save you from hours of scanning the charts and it’s great that the broker provides it free of charge. You can also get it through some other brokers including Forex.com. The broker also offers wonderful features that are unique to the company alone. In addition to keeping the client’s investments safe and separate from its capital, the broker ensures maximum transparency.
LimeFX Review 2024: Platforms, Apps, Safety, Pros & Cons
While 35 pairs mean LimeFX offers all the popular pairs to trade with, less popular pairs can be more volatile which means more opportunity to profit from this volatility. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. The 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 limefx scam protections.
Our spread module indicates that with LimeFX, you are paying more than your competitors, so it may be better to consider trading with other brokers. If you are of the Islamic faith meaning you comply with Sharia law then this account is one of the best options on the market. Many brokers offer a swap-free account and while we are not experts in sharia law, we suspect they may not be truly sharia compliant.
Customer Support
As a global broker with over a decade of experience in financial markets, LimeFX remains dedicated to providing secure, reliable services to clients in more than 150 countries worldwide. To show their commitment to mobile trading, LimeFX offers users a bonus on all first-time deposits made through the trading app. This includes a 50% bonus on the user’s margin, which allows you to take on larger positions but as with any broker it is always advisable to thoroughly read the small print before committing. The minimum deposit that qualifies for this promotional offer is $50. LimeFX offer a great choice of platforms for convenient access to the markets on all of your devices. You can choose from the MetaTrader 4 (MT4), MetaTrader 5 (MT5) and cTrader platforms.
However, when compared to research leaders IG, Saxo, and CMC Markets, LimeFX has room to enhance its research offering. The cTrader site has a nice aesthetic and intuitive functionality. The range of pop-ups and notifications about system upgrades or services ‘coming soon’ create an atmosphere of a site that is either going places or one that is not quite finished. Spreads are widest on the MT4 Micro account and there are also fewer instruments to trade through this account.
You can diversify your portfolio with the broker offering gold, silver, crude oil and other commodities. You can trade from 10 of the most popular indices, including Dow Jones, NASDAQ, Nikkei and Eurostoxx 50. The trading calculator will quickly calculate the costs for opening a position of a specific size and leverage. This can help to prepare trades if you are in a rush or just not that good at maths. LimeFX Markets Cyprus Ltd does not offer its services to residents of the USA, Canada, Belgium, and the UK, as well as other jurisdictions outside the European Union.