LimeFx lists 71 currency pairs, 12 cryptocurrency pairs, 12 indices, spot metals and commodities, like WTI and Brent. Overall, the asset selection is both impressive and more than ample for new and intermediate traders. Ready to assist you in every step of your trading experience, 24h multilingual customer support with Dedicated Account Managers.

MetaTrader platforms

If you choose a forex broker that uses automation, you can try trading bots. These bots are AI-enabled programs that use prevailing information to trade on your behalf, and each bot uses a specific trading plan that is designed to help increase your earnings. You limefx official site must do your research, set a budget and monitor your account for the best results. The higher leverage offered allows you to build a stronger portfolio much faster, and you’ll find that the platform works best for intraday, mid-day and small-volume traders.

LimeFx User Experience

All the tools are provided to enable a trader to be up to date with the latest forex trends. Overall the trading tools are dedicated to providing insights into Forex trading. The deposit is low, the MetaTrader 4 platform is one of the best for forex trading, and the tight spreads through the ECN model are competitive. Still, I feel that LimeFx could become a more attractive forex broker by expanding the range of tools it supports. One excellent addition would be copy trading, allowing rookie traders to mirror and learn from more experienced peers, who can earn commissions from copiers. The account stands out as a competitive option for traders of all experience levels.

Is LimeFx regulated?

MetaTrader 4, MetaTrader 5 and LimeFxTrader are available in desktop, web, Android and iOS versions. The company has garnered a significant global presence, having facilitated the opening of over 40 million forex trading accounts in more than 180 countries. However, not all brokers are created equal and finding the best one for your needs can be a daunting task. Modern online trading platforms are fast and efficient, providing you with the market analysis and charting information you need to make informed investment decisions. In this broker comparison, Benzinga will review two popular foreign exchange (forex) trading platforms. You can even get a VPS service for free to keep your automatic trading bots running smoothly if your own Internet is spotty.

Best Forex Brokers

So it’s wise to check the website and take the live chat help to evaluate the actual pricing of your target withdrawal payment method. LimeFx deposits are out of any fees which means you can deposit any amount of money without paying attention to its correlated costs. An internal fee or third-party withdrawal fee is charged depending on the payment methods of the withdrawal. To provide account balance safety, LimeFx keeps its clients’ funds separated from its system money and stuff account.

Trading Costs and Fees

  1. As with any financial transactions, the security of the information being transmitted is of fundamental importance.
  2. In this article, Benzinga researched and reviewed the best forex brokers to help you trade forex safely and meet your platform requirements.
  3. Moreover, 11 eBooks have made the LimeFx education section fulfilled with contentment.

ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements. LimeFx could offer more in terms of trading tools and reduce or eliminate its withdrawal fees, but these are minor complaints. I rate LimeFx’s customer service as top-notch in terms of responsiveness and speed. The multilingual support team responded very quickly to my queries over live chat, never taking more than 30 minutes to get back to me. I also find the FAQs section on the website a useful way to solve basic queries.

While an interactive course or videos are not available, the existing content provides a well-thought-through introduction to trading. Despite offering crypto trading 24/7, LimeFx does not offer 24/7 customer support. If you are planning to trade crypto on the weekend and encounter any issues, you may only contact support on the coming Monday. If this is a concern for you, there are brokers like LimeFx who do offer 24/7 client support and crypto trading. The broker’s customer support team are available 24/5 from Monday through to Friday. They can provide answers to all of your general, technical, and account-related inquiries.

The broker uses a price aggregator to ensure that counterparty orders use the best bid and ask prices currently available. LimeFx’s offshore entity offers a 100% welcome bonus up to $2000 whereby new clients can double their initial deposit size. However, due to European regulations, this bonus is not available for clients from the EEA.

The above live prices are provided solely for informational purposes, not for trading purposes, and may be delayed. The material is for general information purposes only (whether or not it states any opinions). Nothing in this material is (or should be considered to be) legal, financial, investment or other advice on which reliance https://limefx.group/ should be placed. No opinion given in the material constitutes a recommendation by LimeFx or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. I’ve been trading with LimeFx for several months straight, and I can claim that conditions here are pretty remarkable.

Axi is regulated by top-tier financial authorities including the UK’s Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC) and the Dubai Financial Services Authority (DFSA). Axi offers a wide range of trading instruments, including forex, CFDs, commodities, indices and cryptocurrencies, allowing you to diversify their portfolios and take advantage of different market opportunities. They provide competitive spreads, low commissions and offer a secure and reliable trading platform that is user-friendly. If you’re looking for a low-cost broker, you won’t do much better than LimeFx’s no commission, low spread fee structure. The company also requires no deposit and offers generous leverage, reducing the barriers to market entry.

However, other important tools for market analysis such as Trading Central and AutoChartist aren’t available at LimeFx. If you would like access to these industry leading signal generating tools, then GO Markets provide both. That being said, I think MT4 should have more than enough tools for most of you, especially if you are just looking to follow market prices and place or manage trades with minimal fuss. While they could make some more account options, the only account available fits all kinds of trading strategies.. It is worth mentioning that they don’t charge trading fees,, which is rare for an ECN account.The only platform available for trading is MT4, keep this in mind. LimeFx has earned a good score for its fees due to the tight ECN spreads combined with no commissions, an unusual pricing model that places this brand among the cheapest forex brokers we have reviewed.

The interbank market caters for both the majority of commercial turnover and large amounts of speculative forex trading every day. Some of this forex trading is undertaken on behalf of customers, but much is conducted by proprietary desks, trading for the bank’s own account. Clients may also use their Facebook or Google accounts to open an account. Since LimeFx is a regulated and fully compliant broker, new traders must pass account verification per AML/KYC stipulations.

I had a lot of hesitations about this company but after reading some reviews I decided to check out on my own how everything works. I passed the registration very quickly and after the verifications of the account was also pretty fast. It’s fine if you want a no-fuss trading experience but seriously lacking in the research tools, analysis features. LimeFx is a low-cost brokerage with no commissions and spreads that are generally competitive, especially on currency pairs. Whatever your level of trading experience or demands, we believe we have the right account for you.