LimeFX Review 2023: Detailed Analysis Of The Broker!

As usual, the markets have a strong consensus on what the central bank will do in the short term, but they are more… Organize apps and accounts into tidy collections with Spaces. Clients and curious prospectors can use the live chat on the company’s website to get in touch with a support agent quickly.

• Among the online forex brokers of the world, LimeFX is near the very top of the pyramid.
• Users can access their preferred markets, customize the different chart types and layouts for a hassle-free and low-risk mobile trading experience.
• In addition to the highly popular Metatrader4 set-ups, the firm also offers MT5 and cTrader.
• Mobile trading is one of the salient features of LimeFX that attracts visitors to open their retail investor accounts for trading on the go.

LimeFX has always been a leader in the Forex industry since 2006, and, as such, it has distanced itself from the pack in every way possible. The firm’s greeting page speaks to class and breadth of service by first requesting the visitor to choose from 20 languages before accessing the their many service offerings. LimeFX is definitely in the top tier of global Forex brokers, with a large global footprint, broad client base, and high volume turnover. The firm provides a wide range of trading options and is always searching for new, innovative ways to use the latest technology to enhance your overall trading experience. LimeFX offers most of the popular trading platforms like MetaTrader 4 or MT4 platform, the cTrader platform, and even the latest MT5 platform. LimeFX is above the industry average forex trading platform in comparison to other best forex brokers in the market.

Portfolio and fee reports

LimeFX is a leading brokerage firm that was introduced back in 2006. The broker is currently under the regulation of several authorities, namely CySEC of Cyprus, SCB of the Bahamas, FCA of the UK, and FSCA of South Africa. As a regulated broker, LimeFX must comply with the existing regulations in order to provide a safe trading environment limefx forex broker for its clients. Thus, they are required to verify the identity of their clients before allowing them to trade. LimeFX is also a leading provider of financial services to retail and corporate customers. We recommend LimeFX for those who are interested in CFD and forex trading and appreciate a quick and hassle-free account opening process.

MT4 and MT5 platforms together make for the LimeFX Metatrader suite. Creating a user account with LimeFX provides access to both MT4 and MT5 where both have varied features. LimeFX Group Limited is the holding company of all LimeFX operations. Needless to say, the regulation and licensing of the trading platform vary according to the traders’ jurisdiction. For instance, LimeFX Global Markets Ltd operates under SCB regulation. LimeFX Financial Services Ltd is regulated by Cyprus Securities and Exchange Commission (CySec) and Financial Sector Conduct Authority (FSCA).

Is LimeFX regulated?

Once your account is verified, the broker will send a notification to your email. Alternatively, you can also check the status of your account in the same section in LimeFX Direct. Get ready to take a photo of the documents or prepare the existing files on your device. Make sure to choose the right section as well as the type of document that you want to provide. As you can see from the illustration below, if the document is two-sided, then you’ll need to provide both sides. Create a new live trading account or use your existing account to sign in to LimeFX Direct.

LimeFX prides itself on its “five‑star customer service,” specifically its multilingual, 24‑hour Monday‑through‑Friday (24/5) customer service team. Its live phone support operates in https://limefx.vip/ several locations, which include the United Kingdom, Cyprus, Monaco, Bahamas, and the United Arab Emirates. LimeFX scores quite well when it comes to reputation and trustworthiness.

Customer Support ☎

A world-class broker should have great customer service, or as LimeFX calls it, “a five‑star customer service”. It is near impossible to find fault with LimeFX’s 24/5 customer support, as it ticks all the boxes regardless of whether we’re talking about their phone, live chat, or email service. LimeFX Direct is great if you want to quickly manage your account with no effort. Safety is one more of  Direct’s notable features, as it provides users with high-level encryption so that your account never gets compromised. LimeFX has developed and released the beta version of its latest trading software.

• Alternatively, you can also check the status of your account in the same section in LimeFX Direct.
• Sometimes, even the most experienced trader misses out on a profitable trade fearing losses.
• Changing leverage is a very useful feature when you want to lower the risk of your trade.
• Conditional orders are easy and straightforward to set up with various types on offer.

There are low spreads from 0.2 pips on EUR/USD and LimeFX aggregates the best bid and offer across 10 liquidity providers here. There are no limitations on trade sizes, stop and take profit levels. LimeFX offers clients a wide range of desktop trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, and LimeFX Trading Platform. The desktop browser experience is in line with the industry average and allows traders to easily execute trades with clear and transparent pricing. Charting is also available with various indicators and studies. Traders can also create customizable watchlists and leave conditional orders, but hedging is not possible on MetaTrader 5 and will simply cancel offsetting orders.

LimeFX and the Competition

It also offers a broader equity CFD selection and supports algorithmic trading. EToro, with 25M+ social traders, remains an industry leader in this category, offering its proprietary CopyTrader and CopyPortfolios and a growing cryptocurrency presence. Beginners benefit from services like the eToro Academy, eToro plus, and The Bull Club.