Our Process

The withdrawal fees are ranged also from one option to another, while some LimeFX withdrawal options add no fees and others will add on a small mark up. So before you sign in we recommend you verify conditions and understand how trading works, as leverage is a two-sided ttool that may maximize your gains and losses likewise. Besides, always make sure to learn how to use it and what the smartest way for a particular instrument is. LimeFX established global expansion through its offices in Cyprus and an international one based in St. Vincent and the Grenadines and is fully compliant with financial regulations. According to the company, the server hardware provider faced a global technical failure.

• LimeFX offers four base currencies, which is limited compared to other similar brokers.
• Unfortunately, LimeFX does not take additional steps to ensure the security of its clients, leaving traders to rely on its 15+ years as a broker with a clean record.
• Please read LiteFinance Reviews (i.e. LimeFX Reviews) below and share your live trading experiences with this broker.
• VPS hosting and an auto-withdrawal service add value, but the overall trading environment fails to compete on the high-end.
• In addition, always consider rollover or swap rate as a trading cost, since the broker charges a small fee for the position being held longer than a day and is defined by the instrument.

LimeFX also insures all client money through the Investor Compensation Fund (ICF). The objective of the ICF is to secure any claims of covered clients against members of the ICF by paying its clients compensation in the event that the company is liquidated. However, under the current regulatory environment, British traders will not benefit from this compensation. Based on our research, LimeFX gives its clients access to 56 currency pairs, as well as 6 valuable metals, 16 cryptocurrencies, 37 CFDs, and 11 Global stock indexes. It has been alleged by a client that LimeFX cancelled all his profits and removed half of the deposits from his account. Experienced experts at Claws&Horns master the art of analysis as no one else.

Brokers By Licenses

Find out in the following review where we analyze all
aspects of this lucrative trading broker and discover if LimeFX is the right
online trading brokerage for you. As an unregulated broker, LimeFX stood the test of time with more than 15 years of experience. It offers traders the MT4/MT5 trading platforms but fails to present any of the required third-party plugins. Competitive research is available, but the pricing environment is high. VPS hosting and an auto-withdrawal service add value, but the overall trading environment fails to compete on the high-end.

LimeFX
offers traders the selection between two of the most popular and loved trading
platforms in the world, the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading
platforms. Both platforms are highly sophisticated and accommodate the needs of
both beginner and experienced traders. However, because LimeFX only
provides trading in the forex markets, both platforms will do. In general, experienced traders limefx scammers tend to prefer accounts with higher minimum deposits and tighter spreads. At LimeFX this trade-off does not occur as both accounts have low minimum deposits and higher than average trading costs, making them unappealing to experienced traders. LimeFX offers two account types, which is average when compared to other brokers, and the accounts are more suitable for beginners than experienced traders.

Does LimeFX has customer support in Japanese?

With a commission-free spread of 1.8 pips or $18 per 1.0 standard lot, LimeFX maintains an expensive cost structure. The commission-based alternative commences with a 0.0 pips mark-up, but the commissions range between $10 and $30 per lot. Forex.com counters with an average commission-free cost of 1.1 pips or $11, while the DMA account shows a minimum spread of 0.1 pips for a fee of $6 per lot. Swap rates on leveraged overnight positions and third-party payment processor costs apply at both. LimeFX provides their traders with a
variety of deposit and withdrawal methods for convenient Forex trading. All of
the same methods used to deposit funds can be used to withdraw funds.

LimeFX is an online FX and CFD broker founded in 2005, and based in Marshall Islands. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. I was use this broker for trading since 2018..It’s great experience. Even if I place my local withdrawal 30 minutes to close of business for the day, I still get paid. LimeFX was founded in 2005 and you can invest in Cryptocurrency, Forex, Oils & Gas, Rare Metal, Stock and Stock Index by opening an account with LimeFX.

TOO MUCH FEES!

Its fundamental analysis consists of daily news on significant political and economic events that impact the world markets. In-house analysts and traders produce all forex fundamental analytical reports. LimeFX also provides its clients with a free high-quality analysis prepared by an independent Company, Claws&Horns. Traders receive independent market news and analysis from third-party provider, Claws & Horns. Available for free to all LimeFX clients, Claws & Horns provides fundamental and technical analysis, video reviews, and various signals. It also provides recommendations for trade opening with entry/exit points that are updated throughout the day, which are intended for medium-term trading strategies.

LimeFX offers a limited number of payment methods, and while LimeFX charges no commissions on deposits, it charges fees for most withdrawal methods. As you can see from the table above, trading costs on the ECN Account are significantly lower than those on the Classic Account. However, these costs are still above those of other good brokers, which have trading costs of 9 USD per lot traded.

Variety of deposit/withdrawal methods

Overall, LimeFX has a quite long history of operation and balanced trading conditions suitable for various trading styles, account sizes, and levels of experience. We should admit good analysis tools and technology solutions LimeFX provides, also costs are rather good compared to other industry competitors. We also marked a good choice of trading platforms and good technology. Overall, our experience with LimeFX remained rather positive throughout the test and we didn’t face any problems.

The brokerage
provides an excellent selection of online trading platforms to choose from and
a wide array of tradeable assets to invest in and trade. The level of customer
support is phenomenal and LimeFX offers a variety of favorable trading fees
based off the trading account the trader chooses. All in all, if you’re looking
for a reliable online trading brokerage to trade forex and other financial
assets, LimeFX could be the broker for you. Unlike other brokers that offer https://limefx.vip/ a range of account types with lower spreads linked to higher minimum deposits, LimeFX offers two market-execution accounts with low minimum deposits. The Classic Account has trading costs included in the spread while the ECN Account offers tighter spreads and a small commission per trade. LimeFX
is a large and established online trading brokerage who serves the
international markets by accepting traders from around the world and offering
their services in over 10 languages.

LimeFX has been established back in 2005 and since then it has only grew in popularity. Besides that, the number of people have used this broker and very satisfied with what they got increased with every year. LimeFX‘s mobile trading platforms are average compared to other similar brokers. It offers mobile versions of MT4 and MT5, but no proprietary mobile trading solutions.

• Overall, LimeFX’s CFD offering is limited compared to what is available at other similar international brokers, which may leave more experienced traders dissatisfied.
• LimeFX offers two account types, which is average when compared to other brokers, and the accounts are more suitable for beginners than experienced traders.
• In the following article, we will analyse the characteristics of this broker in all its dimensions, providing you with easy and well-organised information.
• Therefore, traders
  will always be able to get in touch with a representative easily and quickly.
• Beginner traders are inexperienced traders who have never traded before, or who have been trading for less than a year.