LimeFx Review 2022: 5000 Deposit Trading Tested ️

November 15, 2021

LimeFx only earns money at the commission per order execution or spread and a conflict of interest is 100% excluded! The website also directly recognizes the broker’s liquidity providers. These include major international banks, which provide direct access to the interbank market. Pro account, for which LimeFx requires a minimum deposit of $25,000, grants clients access to 43 Forex pairs and 2 Spot Metals traded on the MT4 software. There will be no trading commission charged, while the spreads on currency pairs start from 0.0 pips.

For LimeFx it is also not possible to get negative balance protection for its customer as it is trading on real market conditions. If there is no counterparty in the market, you can close the position later. However, this is rarely the case as the markets are very liquid. For withdrawal, the broker may request additional documents from you. For example, if you want to withdraw to a new bank account, LimeFx will ask for a bank statement to actually confirm the account. We uploaded our LimeFx review video on youtube and we got different comments from people who say that LimeFx is a Scam Broker.

The MetaTrader is the world’s most popular trading platform for private traders. The MetaTrader works flawlessly and gives you limefx broker reviews direct access to the markets. Customer balances are managed separately from company funds at the Australian National Bank .

A multi-asset trading platform with share CFD trading is permitted. Traders have the choice of the three leading Platforms For Forex Trading; MT4, MT5 and cTrader. This allows the trading of currency pairs, CFDs and crypto. The conditions are good and they offer great customer service. Steven Hatzakis is the Global Director of Research for

Yet, in order to access institutional-level bid-ask spreads on the Pro account, clients need to maintain their account balance above the minimum deposit level at all times. Looking at our database, the average forex broker offers 6 of the 11 features variables we track in the commissions & fees category, and has average spreads of 1.04 when trading the EUR/USD. LimeFx offers of the 11 features, while offering average spreads of 0.62 which helped contribute to the broker ranking #5 out of 62 brokers in this category. LimeFx offer the three most popular forex trading platforms worldwide. The MetaTrader 4 , MetaTrader 5 and cTrader forex platforms offer the best desktop trading platforms and mobile trading app options. This includes all mobile devices, i.e. iPhone, iPad and Android applications, with both demos and live accounts available.

Still, it offers a decent range of third-party platforms, including MetaTrader 4, MetaTrader 5 and cTrader. LimeFx offers extremely tight spreads, reasonable commissions and there are no extra fees on top of overnight financing charges. Additionally, you will incur no non-trading costs, which is another huge plus. A $7.0 commission for a 1 Lot trade is reasonable, as many other leading brokerages will charge similar commissions. Finally, let us compare LimeFx Standard Account average spreads with those offered by other brokerages on the three most actively traded Forex pairs. It’s no wonder that LimeFx is a market leader when it comes to order execution and foreign exchange trading volumes.

The LimeFx account opening process is easy and fully digital.The online application takes roughly minutes and our account was approved within one business day. We liked that one can open several sub-accounts with different base currencies. LimeFx accepts customers from all around the world.A few notable exceptions include the US, Canada and Israel. The account opening process at LimeFx is user-friendly and fully digital. has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations.

LimeFx broker reviews

All MT4, MT5 and cTrader mobile apps translate very well from the desktop platform versions. Additionally, you can trade more asset classes compared to MT4, including Shares CFDs and Futures CFDs. For a 1 Micro Lot trade you will pay a $0.07 commission to open and close the position. LimeFx will charge a commission of $7.0 for 1 Lot, per round turn on its Raw Spread Account. If you want to trade U.S. stocks as CFDs with LimeFx, then Yes.

Commodity CFDs

In other words, their losses can exceed their initial deposit and they will have to repay that amount to the broker. In the case with EU and Australian clients, if a negative balance occurs, LimeFx will absorb that loss and will automatically restore the clients’ account balance back to zero. Negative balance protection is an extremely useful risk management tool, particularly for novice traders. While conducting our evaluations of online forex brokers, we’ve collected over 360 data points that track the research-specific features that are most important to traders and investors. LimeFx offers of those 5 features, whereas the average forex broker offers 3 of those features.

LimeFx uses are the National Australia Bank and Westpac Banking Corporation . View our ASIC regulated forex broker section to compare LimeFx to other Australian forex brokers. Someone deleted my previous review from here...this company stealing profits, I have made money wich is transfered out from my account. They say there was an error wich is not tue because the price was the same at other brokers. No communication, nothing, withdrawal button disappeared.Good reviews are faked too...

Finally, the broker has fulfilled all requirements pertaining to internal risk management and sufficient capital while operations are regularly audited by external parties to ensure full compliance. Overall, the broker is well-regulated and emphasizes transparency to ensure that client interests are always protected. Newcomers will also enjoy the educational materials and value-added tools like AutoTrader and ZuluTrade which are designed to aid individuals who prefer a more passive approach towards investing. Besides, the broker also offers a wide range of instruments to choose from.

LimeFx broker reviews

Its forex fees are low and opening an account is fast and easy. Deposits and withdrawals are free of charge and the process is user-friendly. Similarly to the web trading platform, LimeFx offers MetaTrader 4 as its mobile trading platform. MetaTrader 4 is available for both iOS and Android, and we tested it on both.


LimeFx' combination of low spreads and commissions, as well as its supportive execution policies that accomodate algorithmic traders make it our pick for the best MetaTrader broker. In addition, LimeFx recently bolstered its range of markets, sending the total available to over 3,000. It's worth noting, however, that its reserach and educational offerings still have lots of room to improve.

  • ECN Account – Spreads start from 0.1 pips on major Forex pairs and there will be a commission of $4.00 per round turn for 1 Standard Lot traded.
  • A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor .
  • Yes; in case you were wondering, 79% of the brokers reviewed on offer this popular feature.
  • The broker’s MetaTrader 4 and MetaTrader 5 platforms available with the Raw spread account.

The platform is highly customizable, available in many languages, and has a clear fee report. On the other hand, it lacks a two-step login and price alerts, and the design is outdated. Depositing and redrawing money have always worked perfectly. Their customer support has always helped me in all problems or questions I have had. The next day, I was shocked to see that all the money I earned during that period was removed from my account.

Free webinars conducted regularly, where you can access live analysis from industry experts and acquire new skills in real-time. Appropriate for traders of all levels – from novice to advanced. This means all client trades and pending orders are filled at the price streamed on the broker’s trading platform at the moment an order is submitted. Meanwhile, the cTrader limefx scammers native app for Android devices will give you access to the same core functionality that cTrader Web offers. You can use effective technical analysis tools and drawing objects directly from within the chart. The app also allows for single-tap order execution, saving you precious time, and visualizes the full balance, margin, profit and loss information.

FAQs – The most asked questions about LimeFx:

The variable spreads are some of the lowest in the industry with Majors starting at 0.0 pip spreads. The commission is $6-$7 per lot traded, depending on which account you have. MT4/MT5 are very basic and great for retail traders, cTrader is more geared towards professional traders. ZuluTrade – you can access trading signals from 100,000 top-ranking traders from 192 countries for free directly into your MT4 account with the broker. Clearly, LimeFx outpaces its competitors in terms of average spreads offered on the Standard Account.

LimeFx broker reviews

There are regular updates on the Weekly Outlook and review posts. The economic calendar is on the homepage, as well as a forex calculator. The commission charged typically varies depending on the account you are using. MT5 users will have similar features as well as experience as MT4 users, with the added benefit of several upgrades and news features that come with the new version. When you are trading, you need all the protection you can get. On cTrader, you will enjoy the maximum protection from an advanced algorithm that helps you as a stop-loss function.

I want to trade options, are they available at LimeFx?

This account type will allow a client to train himself or herself on the basics of trading. This is done by use of virtual funds that the client can trade in in a simulated trading environment. Comparing the rates between two brokers is hard because of differences in account types and jurisdictions. To make the process smooth, we take a look at some of the common tradable currency pairs and CFDs, which all brokers offer.

The cryptocurrencies offered by this broker include Bitcoin, Bitcoin Cash, Ethereum, Dash, Litecoin, Ripple, EOS, Emercoin, NameCoin, and PeerCoin. Additionally, clients from the United States, Canada, and Israel can't trade with this broker. On the downside, they don't provide negative balance protection.

More than 50 different indicators are available on the platform. For advanced traders, there is the possibility to insert extern indicators which you can download on the internet. There are a lot of functions which we cannot mention here all. In addition, technical drawing tools are available for doing technical analysis.

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