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.

If you have traded with LimeFX we would really like to know about your experience – please submit your own review. LimeFX does not have a proprietary limefx forex brokers reviews mobile app, though MT4 can be downloaded to Android and Apple devices. The mobile application has proven to be stable and reliable during testing.

The service provider is BeeksFX, but LimeFX clients must have a minimum account balance of $2,500 and a monthly trading volume of 30 standard lots. One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade.

A good feature about this very platform is that it offers swap-free islamic accounts. But it took me too much time to find this information and I almos gave up. And it is available by request, not by default, which can take time too. Honestly, I was having a lot of doubts before I started working with this brokerage company because I have not heard a lot about them. Anyway, after reading some reviews I decided to give it a shot and signed up for this company. To my surprise everything was better than I expected, I didn’t have any problems with the registration process.

Web Trading Apps

We are also disappointed with LimeFX’s monthly inactivity fee of $5, imposed when your account is not funded or you execute no trades over a period of 120 days. While this type of fee is not unusual, LimeFX imposes it after a relatively short period of time, especially compared with OANDA, which only charges its $10 inactivity penalty after 12 months. I really started to like this straight through processing thing. The broker does not intervene, and I even get better prices than I envisioned often. All content on this site is for informational purposes only and does not constitute financial advice.

Powerful Platforms for All Devices

Whether you’re trading major currency pairs or exploring commodity markets, LimeFX provides the necessary tools and instruments to engage effectively in global financial markets. In conclusion, LimeFX stands out in the competitive forex brokerage landscape by offering a reliable and transparent trading environment. The broker’s commitment to technological excellence, diverse account options, and client-focused services make it a compelling choice for traders seeking precision in their forex endeavors. To evaluate brokers, we test the accounts, trading tools and services provided.

Is LimeFX A Regulated Broker?

1. Apps for both iOS and Android mobile devices are available.
2. I got to know them through their twitter account where they interesting market news and data daily.
3. In early April, I opened an account and have since had a fantastic journey.
4. While many forex traders are familiar with the MetaTrader 4 software, which allows for expert advisors that can automate your trades, no other trading platform is offered.

LimeFX provides access to the widely popular MetaTrader 4 (MT4) platform, known for its reliability and advanced trading features. The platform supports seamless trading across multiple asset classes, including CFDs, forex, and cryptocurrencies, ensuring flexibility for various types of traders. The broker’s no dealing desk (NDD) execution model also prevents re-quotes and involves no dealer intervention in your trades.

I can only confirm that it proved its reliability during a test that took me a month. I just wanted to make sure that it was not a scam.I came here with a purpose to trade cryptos and indices synchronically. I noticed that these assets move in tandem and I try to make the most from this nuance.

Compare LimeFX with the top 3 similar brokers that accept traders from your location. I used the live chat function on several occasions and received timely responses in a few minutes each time. The agents were limefx forex broker friendly, and provided suitable answers to all my queries, in a personalized manner with no frustrating chatbots in sight. Similarly, the ‘Market Analysis’ section had a focus on just three currency pairs during testing which is not wide enough in my opinion.