LimeFx is registered as a Cypriot Investment Firm (CIF) under the brand name, Forex Central Clearing Ltd., which holds at least €1 million in tangible assets. LimeFx also ensures the most secure trading environment through state-of-the-art encryption technologies for processing payments, as well as for connecting traders to the best liquidity providers in the market. LimeFx also connects its traders through EQUINIX servers, which are considered to be among the most reliable and secure third-party systems in the Forex markets. The diversity of financial instruments which this company offers to customers is really huge. They have been running the business for over 14 years, so it seems they managed to add a lot of instruments for all this time. I like how tight spreads they provide on the forex market and the spreads are even more tighter than from other major and famous brokers.

LimeFx Review – Learn More About The Broker’s ECN Accounts & ForexTrading Conditions

The international subsidiary, on the other hand, operates with limited oversight, and this holds the broker back from achieving a higher score. Placing a trade is a quick and straightforward affair that can be completed in a couple of clicks via the ‘Market Watch’ window or even more smoothly by turning on one-click trading. This is a much larger virtual bankroll than almost every other broker we’ve tested, but makes sense given the very high leverage. That said, the bonus could not be withdrawn, and if your account balance reaches below 50% of the available bonus credit, the amount will be removed. This is essentially free credit that can be used for trading purposes, and I was pleased on this occasion that there were no minimum trading requirements. I only really missed having PayPal available since this industry leader is one of the most widely used e-wallets and is accepted by rivals, including XTB and IG.

Is LimeFx A Regulated Forex Broker?

Yes, LimeFx operates under strict regulations to ensure compliance with financial authorities and maintain a secure trading environment. If you have any questions about our products or services, or you’d like help opening an account, please feel free to get in touch with us. All client funds are held in segregated accounts, completely separate from any and all LimeFx corporate accounts.

First Deposit Bonus

• MAM provides major benefits over competing platforms such as MetaTrader Multi Terminal.
• MT4 upgrades are available through third-parties for an additional fee to (potentially) enhance the trading experience.
• LimeFx prioritizes security measures to safeguard clients’ funds and ensures a secure trading environment responsibly.
• This makes the broker a worthwhile option for serious forex traders who will also enjoy the VPS service and MT4 support.

LimeFx has two operating subsidiaries, one authorized by the business-friendly VFSC and one by the CySEC, which operates under the globally least-competitive ESMA regulatory framework. The platform allows orders to be placed in a variety of ways, including trading directly from charts. Embedded tick charts are an extremely useful way to determine accurate entry and exit points. The above live prices are provided solely for informational purposes, not for trading purposes, and may be delayed.

Trustworthy, Transparent and Fair

On the downside, the offshore branch is unregulated, reducing the broker’s safety rating for global traders. 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. I do feel slightly let down that the LimeFx demo mode is limited to 30 days, but I found that you can simply open another demo account after the first one expires.

Clients can open a ECN XL account with only $100 and enjoy the same level of dedicated full support and service as if they are a VIP client. You will be able to take advantage of the ECN/STP model of forex trading we helped to pioneer. With an aim to provide the trading conditions traders were seeking for, to obtain the respect and trust of our clients, thus ensure their best interest, LimeFx is operating on a true STP/ECN model. By doing so, we warrant the transparency and no conflict of interest. MT4, which has helpful tools like flexible trading systems, wide technical analyses, and algorithmic and mobile trading, is offered for PC, tablet, and smartphone users.

Traders have access to numerous deposit and withdrawal options at LimeFx. Terms and conditions apply to receive it for free as advertised, but all the limefx broker reviews information is fully transparent and easy to understand. MetaTrader 4 Multi Terminal is intended for simultaneous management of multiple accounts.

These combine well with LimeFx’s free forex VPS, hosted by BeeksFX, which is available to traders who deposit at least $2,500 and trade at least 30 lots per month. LimeFx runs bonus offers in certain jurisdictions, and when I opened an account with the global entity I was offered a 100% deposit bonus up to $2000. LimeFx could offer more in terms of trading tools and reduce or eliminate its withdrawal fees, but these are minor complaints.

LimeFx does not have a dedicated mobile app, but clients can trade using MT4’s app, which is available from the Apple App Store and Google Play. I find LimeFx’s in-house forex market hours tool a handy way to check holidays and other events that could impact trading hours. I am satisfied with LimeFx’s forex research offering, which includes a blog with regular articles and posts highlighting promising opportunities as well as general tips on trading. Islamic traders will also be pleased that a swap-free account is available upon request.

As we are dedicated to have our client’s funds safe, they are secured in Leading International banks. 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 should be placed. No opinion given in the material constitutes a recommendation https://limefx.biz/ by LimeFx or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. If you have traded with LimeFx we would really like to know about your experience – please submit your own review. Spreads are slightly higher on alternative products, while the withdrawal fee and inactivity penalty lower its fee rating somewhat.

On the other hand, if you already have some experience then I don’t think you will learn anything new. They also do not have frequently updated market analysis which could help gives us some further market insights. If you are just getting started on your trading journey and need guidance along the way, Fortrade is a broker with lots of educational resources. But it’s worth mentioning here that past performance never promises a profitable future.

Dealing spreads for forex pairs and CFDs can vary from 0.0 pips upwards depending on the liquidity and trading volume of the asset involved. One operates out of Vanuatu, where international clients have a trustworthy and competitive trading environment. LimeFx also maintains a presence in Cyprus for EU-based clients under the uncompetitive ESMA regulatory framework. New traders have access to fourteen quality educational posts plus a dedicated section on major economic reports. Eleven eBooks complete the education at LimeFx, and the overall product remains impressive.