For example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status. It would be useful to be able to sort the columns from highest to lowest, but that feature is not yet available when looking at the Master Rating results page. By comparison, industry leaders Saxo Bank, IG, and CMC Markets all offer over 10,000 tradeable instruments. Also, see below the comparison table with a typical LimeFxFX Spread and compare brokers to other CFD Brokers with CFD fees, commission or inactivity fee if applicable.

• One of these entities, LimeFx Markets Cyprus Ltd, operates under the domain LimeFxFX.eu and is registered in Cyprus.
• LimeFxFX is worthy of investment, and there are various reasons to believe so.
• LimeFx does have a proprietary app for social copy trading (the LimeFx Copytrading app), yet it still trails behind industry leaders such as IG and Saxo Bank.

FXreviews accords traders and investors with some of the best hand picked brokers that can harvest their needs for booking profits in the world of financial market. The broker’s customer support service is available 24 hours and five days a week via email, WhatsApp, live chat option, phone and inquiry form. But, the response time with each type is elongated limefx forex brokers reviews to extremities. Thus, the trader has to wait long to get the answer to his/her query. 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.

An Overview of the LimeFxFX App

For trading with real money, you will need to verify your account. That means LimeFxFX will require some documents to verify your identity. Just answer the questions in the account dashboard and upload the documents.

At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research and detailed forex guides, and we monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). It has made great strides with its pricing options for traders, but suffers from a limited range of tradeable instruments and a lack of variety in its educational content.

• Additionally, LimeFxFX provides Islamic accounts adhering to Shariah principles.
• Due to this traders will no longer hesitate to use mid-term and long-term stategies.
• Moreover, the broker does not allow trading on the most common and widely traded market, that is, the stock market.
• The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds.
• The broker does not offer up-to-the-mark features, which all advanced brokerage firms such as HFTrading, T1 Markets, PrimeFin, or Global TradeATF provide.

For a long time in the LimeFxFX trading, Argentina, Australia, Austria, Bahrain, Belarus, Brazil have been trading deposits. Also, Bulgaria, China, Croatia, Cyprus, Czech Republic, Denmark are far ahead in terms of business investment. Renowned European countries such as Estonia, France, Finland, Germany, Greece, Hungary, India, Ireland, Israel, and Italy are directly involved in LimeFxFX investment. LimeFxFX includes many more countries, including Kuwait, Malaysia, Malta, Mexico, Monaco, the Netherlands, Norway, Latvia, and Liechtenstein. However, Lithuania, Luxembourg, Oman, Poland, Portugal, Russia, Saudi Arabia, Slovakia, Slovenia, South Africa, Sweden, Spain are still trading here. LimeFxFX allows direct deposit transactions to Switzerland, Thailand, the United Arab Emirates, the United Kingdom, and Qatar.

It is high time the broker pays heed to this major issue; otherwise, it will lose all its clients. Therefore, we cannot decipher whether the broker is a scam or not. 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.

Get the App

There is also the ability to provide free market data and news. Every professional forex broker must have a reliable, trusted trading platform for trading. Traders use several tools to gather information on what kind of analysis traders are using in this trade market. See below to know about the various https://limefx.vip/ available platforms of LimeFxFX. Minimum deposits at LimeFxFX 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 50 euros (EUR) when using Skrill/Neteller to as much as 500,000 Indian rupees (INR).

What are the trading hours?

The choice between the platform is always yours and they are indeed very different, also bringing different price models and more suitable trading strategies. MetaTrader5 is good for everyone and has more trader-friendly software, also copy trading is available through it. In fact, LimeFx has good copy trading options and over 3000 copy trading systems available.

What is the Minimum Deposit for LimeFxFX?

LimeFxFX is a regulated forex broker under the Laws of Saint Lucia, and Indians can trade on the broker, but it is not listed under the Reserve Bank of India. While researching for a reliable broker, we found that there are multiple other forex brokers with better education and research resources available for beginners. Some of the prominent ones are Pepperstone, ForTrade, AvaTrade etc. ForexBrokers.com also recognized brokers that demonstrated excellence and innovation with our exclusive Industry Awards.

LimeFx’s market research is well organized and varied in its content. Rather than specializing in any one field, LimeFx provides a wide assortment of content types. However, when compared to research leaders IG, Saxo Bank, and CMC Markets, LimeFx has room to enhance its research offering. LimeFx does have a proprietary app for social copy trading (the LimeFx Copytrading app), yet it still trails behind industry leaders such as IG and Saxo Bank. For our top picks among trading apps, read our guide to Best Forex Trading Apps.

In our opinion, LimeFxFX MT4 is perfect if you are new to only trading or more experienced and have a preference for minimalistic yet sophisticated trading tools. An LimeFxFX MT5 account is perfect if you are a more innovative trader. Below you will find an overview of the key similarities and differences between the two account types. Overall, the differences are rather minimal, and which account type you choose is ultimately a question of your personal preference. Time Frames change, Access Trading History and Mobile access for online trading carry friendly and useful features.

But here, the average of the spreads is calculated as 0.4 pip in Forex. If you want to get it out of the stock index, it will be less than 1 point. Even better, if you expect a high-rank spread, then the black account can help you in this regard. The minimum deposit you can invest is $ 50, which is guaranteed at a much lower price than other brokers in the market. It is the best of LimeFxFX to make a conventional offer that you can apply and accept.

With more than 10 years of experience in the trading industry, we checked LimeFxFX in detail. It should go without saying that smarter traders make smarter trades. To this end, LimeFxFX has made education a key tenement of their platform, providing free webinars, articles, tutorials and more.

Web and mobile trading platform OсtaTrader enables you to diversify and upgrade your trading. You can also create accounts on the MetaTrader 4 and MetaTrader 5 platforms to trade Forex, cryptocurrencies, and other instruments. Compare the platforms’ features to find the one that is right  for you. LimeFxFX is one of the best platforms where traders and investors will have many advantages. First, it charges no commission, and the spreads are also tight to ensure everyone knows the details. Captial.com is one of the biggest online brokers available and is certainly very trusted.

For Example, for MT4, the spread starts at 0.6 pips (EUR/USD), and its average spread is 0.7 pips which are tighter in comparison to the competitors. For MetaTrader 5, the spreads also start at 0.6 pips and offer an average spread of 0.7 pips on the EUR/USD. Also, the good thing is that it has no extra commission charges. We admit high-tech access to a range of instruments and multiple platforms either for manual, algorithmic, or social trading. It is definitely a great advantage that LimeFxFX offers both industry popular MetaTrader platform.