LimeFX Review 2024: Pros, Cons, & Fees
LimeFXTrader uses TradingView’s charting technology allows for comfort and customisation. It has more than 10 million downloads from Android-based devices. The success of the proprietary LimeFX copy trading service resulted in the launch of a dedicated mobile app. 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.
LimeFX Customer Support
The broker has two referral programs, including the Invite a Friend and the IB partner programs. In the invite-a-friend program, you can earn extra profits by recommending the broker to your friends, and if they register and mention you as a referral, you will make a $1 profit on each trading lot. Locate and click on the mobile application links on Google Play Store or Apple Store and download the app from there. The main feature that LimeFX offers is the absence of swaps.
However, there is room for improvement in terms of being clear about the unregulated status of the offshore entity. 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. The table below lists the protections and benefits by entity, regulator, and region. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.
LimeFX delaying my withdrawal
It is the same as commission-based brokers offering raw spreads of 0 pips for a commission of $6. I rank LimeFX among the best-priced ones, and LimeFX delivers on its statement to help Forex traders earn more. 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.
MetaTrader 4 Account
- All content is researched, fact-checked, and edited by our research team and all ratings and rankings are based on the team’s in-depth product testing.
- Copiers have the option to evaluate each trade individually, and I like the range of trading metrics LimeFX provides, allowing copiers to make better choices when selecting which Master Traders to follow.
- Dear AR-AR, Thank you for your recommendation and kind words!
- I’ve found trading with LimeFX to be exceptionally seamless.
- The broker offers three main account types; LimeFX MT4, LimeFX MT5, and LimeFXTrader.
With over 60 Clients at 12 USD per lot can result in an average monthly commission of 14’418 USD. Spreads limefx forex brokers reviews on cryptocurrencies can be wider due to market volatility and liquidity. We have found the LimeFX 50% Welcome Bonus to be an excellent offer as it is available on each deposit made and not only the first.
LimeFXTrader Platform
LimeFX has proven to be a reliable broker with a responsive customer support team. They address my queries promptly, ensuring I feel supported throughout my trading journey. LimeFX’s platform is efficient and their market insights are always detailed and valuable.
MT5 features enhanced analytical tools, expanded technical indicators, and increased period options for meticulous chart exploration. The minimum deposit needed to register an account with LimeFX is $25. limefx review This platform caters to a wide range of users, including both experienced professionals and novices seeking to gather practical knowledge. The Demo Account is designed to simulate real market conditions and is subject to a 30-day restriction to encourage diligent study. Thanks to its compelling value proposition, its widespread acclaim among traders from all walks of life—from fledgling novices to veteran professionals—encompasses an extensive suite of trading products. LimeFX does a commendable job of offering educational and research materials to its users, though room for improvement and expansion still exists compared to some industry leaders.
Moreover, LimeFX offers opportunities for cryptocurrency trading, featuring popular cryptos like Bitcoin, Litecoin, and Ethereum. However, it’s important to note that LimeFX does not currently offer trading in stocks, ETFs, futures, bonds, or options. LimeFX offers a broad spectrum of tradable instruments to cater to different trading interests and strategies, though it doesn’t include all potential asset classes. By pressing ‘set up copying’, the orders of the Master Trader will be copied automatically.