Each year, we collect thousands of data points and publish tens of thousands of words of research. One way in which LimeFx leads the sector is its willingness to share data on its own operations. In line with this transparent approach, it also provides a range of metrics relating to the performance of its customer support team.
- I recommend the former, as it will result in superior trading results, as it adjusts positions based on portfolio size and leverage.
- Additionally, LimeFx offers impressive customer support to assuage any potential challenges traders might face.
- The Market Information section at LimeFx provides traders with twelve categories of well-presented content.
- Thousands of these indicators can be downloaded for free on the MQL5 code base.
- Yes, LimeFx pays real money to traders who earn from their trading activities.
The MetaTrader suite of services is the most popular globally due to the blend of features it offers. It is easy to set up to trade ‘algo’ models on an automated basis, and it offers the expert advisors and MQL5 support services that allow traders to draw on the ideas of others. There is a strong trader focus to the platform backed by very high-quality industry-standard research and learning services coupled with a strong in-house copy trading facility.
The LimeFx Copytrading App released
With this knowledge, we created our platform to help you make money through smart and well-controlled investments. LimeFx is regulated in Cyprus by the Securities & Exchange Commission (CySEC) and in South Africa by the Financial Sector Conduct Authority (FSCA). LimeFx holds just one Tier-1 license and one Tier-2 license, resulting in a grade of “Average Risk” within the ForexBrokers.com Trust Score rating system. Use our country selector tool to view available brokers in your country. Unlock lower spreads, personal guidance, and many other benefits by increasing your account balance.
LimeFx has made great strides with its pricing options for traders and its educational content, but suffers from a limited range of tradeable instruments. A trading account is where you store funds and trade currencies or other assets. You can create multiple trading accounts for your LimeFx profile, each with its own balance and leverage. BlackBull Markets is a reliable and well-respected https://limefx.group/ trading platform that provides its customers with high-quality access to a wide range of asset groups. The broker is headquartered in New Zealand which explains why it has flown under the radar for a few years but it is a great broker that is now building a global following. The BlackBull Markets site is intuitive and easy to use, making it an ideal choice for beginners.
Forex Risk Disclaimer
With a wide range of trading instruments, user-friendly platforms, and robust customer support, LimeFx provides an appealing choice for both novice and experienced traders. The broker’s low minimum deposit, competitive spreads, and comprehensive educational resources enhance its accessibility and attractiveness to different kinds of traders. However, it’s important to note that LimeFx doesn’t offer trading in certain instruments like ETFs and stocks.
It also maintains a Trade & Win promotion, where each lot counts as a prize lot, redeemable for prizes. Terms and conditions apply, and I recommend traders read and understand them before participating. A proprietary trading platform, LimeFxTrader, is also available for desktop, laptop, or mobile device as an app, allowing traders to manage their LimeFx portfolios.
What is the minimum amount to start with LimeFx?
The cost savings for a 1 standard lot EUR/USD position can amount to $60+. LimeFx has recently improved its pricing environment, and I rank the overall trading costs among the best industry-wide, and there is no inactivity fee or currency conversion cost. Minimum deposits at LimeFx will vary depending on your country of residence and your chosen payment method. They can go as low as $25 (USD) when funding with Visa/Mastercard, to limefx company reviews 50 euros (EUR) when using Skrill/Neteller to as much as 500,000 Indian rupees (INR). It’s important to note that minimum deposits and trading costs will also depend on which LimeFx entity you choose for establishing your trading account. Founded in 2011, LimeFx holds a regulatory license in Europe via its Cyprus-based entity – LimeFx Markets Cyprus Ltd – which is regulated by the Cyprus Securities and Exchange Commission (CySEC).
Trade on the go with the LimeFx trading app
Upgrading to a live account requires a bit more leg-work but is by no means arduous. Payment options include VISA, AWEpay, bitcoin, FasaPay, local bank deposits, local bank transfers, Neteller, Paytm, Skrill, UnionPay. The service provides tutorials, which explain how this is done and primes traders to run a cBot and use the free algorithms made available to them.
Here is a screenshot of LimeFx live quotes during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads. Overall, LimeFx has streamlined the deposit and withdrawal process, making it convenient and efficient, without imposing any extra fees. These trader-friendly policies lead to LimeFx receiving a top rating for its deposit and withdrawal procedures. LimeFx handles customer queries through multiple channels including a live chat function, email, and phone support. In terms of commodities, LimeFx presents opportunities to trade in energy products, precious metals, and others.
The broker has recently given up its regulatory license with the Financial Conduct Authority in the UK. LimeFx Markets Incorporated is based at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines. LimeFxFX is licensed and regulated by FSA SVG license number #19776 IBC 2011.
LimeFx requires a minimum deposit of only $25, lowering the entry barrier for many traders. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes.