LimeFx is a low-cost online broker for trading forex, cryptocurrencies, metals, indices and commodities on the MT4 platform. The award-winning XL account comes with a no minimum deposit requirement and ECN pricing. Create an account using the link below to claim your welcome offer today.
- In this 2023 broker review, we log in to the Traders Hub to explore minimum deposits, regulations, leverage and demo accounts.
- The award-winning XL account comes with a no minimum deposit requirement and ECN pricing.
- LimeFx follows an ECN/STP model, offering competitive trade execution and prices, with no intervention or re-quotes.
To ensure the security of all trades, the MT4 platform transmits data between servers using 128-bit encrypted connections. LimeFx also offers extended security algorithms using public-key cryptography, which should help keep scammers at bay. A selection of free downloadable e-books and PDFs is also provided. Beginners can benefit from the step-by-step guides on forex trading basics.
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There is also access to market, pending and stop orders, plus embedded tick charts for accurate analysis. In addition, you can program your own automated trading robots using MetaTrader’s programmable language, MQL4. Trade a dozen major indices, including the Dow Jones, NASDAQ, S&P and DAX. Prices are competitive with zero commissions and a minimum price fluctuation of 0.01. LimeFx brand is an international brand that is registered and regulated in various jurisdictions and is committed to offering you the best possible trading experience.
- For professional traders, MAM (Multi Account Manager) software is available as part of the MT4 platform.
- MetaTrader 4 Multi Terminal is intended for simultaneous management of multiple accounts.
- There is also access to market, pending and stop orders, plus embedded tick charts for accurate analysis.
- The platform, which is free to download, is packed with advanced trading features, including a built-in library of over 50 indicators for technical analysis.
- The brand is also well-known for its welcome bonuses and trading deals, including a free VPS.
- It is unlikely that scams or fraudulent firms are operating under the company’s name.
Live spreads average at 0.2 pips for EUR/USD and around 1.0 pip for GBP/USD. LimeFx has a webpage with a 15 minute average spread chart for major instruments, including spot gold and silver. LimeFx offers MT4 to all clients, which is available on multiple devices as well as major web browsers, though not on Mac.
For clients who maintain a minimum balance of $2500 and trading volume above 30 standard lots monthly, the broker provides free VPS access. This service offers improved security, speed and accessibility. LimeFx offers leading fees compared to alternatives with spreads as low as 0.0 pips and $0 commission.
In addition, 12 indices are available to live account holders. This includes trading opportunities on the Dow Jones and NASDAQ in the US, the FTSE in the UK, plus the CAC in France. MetaTrader 4 Multi Terminal is intended for simultaneous management of multiple accounts. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. If you have traded with LimeFx we would really like to know about your experience – please submit your own review.
Regulated, Transparent and Fair Trading
LimeFx is a good all-around broker, offering competitive ECN pricing with no commissions. The brand is regulated by the CySEC and provides access to one of the most popular trading platforms, MetaTrader 4 (MT4). The brokerage offers ECN trading executions, spreads from zero pips and no commissions. The brand is also well-known for its welcome bonuses and trading deals, including a free VPS. LimeFx follows an ECN/STP model, offering competitive trade execution and prices, with no intervention or re-quotes. Clients can trade on forex, cryptocurrencies, indices, metals and precious metals on the popular MT4 terminal.
ECN Forex Documents
The MT4 mobile app allows you to connect to your investing account from anywhere. The state-of-the-art platform receives good feedback and reviews online for its easy-to-use interface and reliability. A Multi Terminal option is available for investors who wish to manage multiple limefx broker reviews accounts on the same platform. Clients can hedge, scalp and simultaneously trade on an unlimited number of accounts. The platform, which is free to download, is packed with advanced trading features, including a built-in library of over 50 indicators for technical analysis.
Trading Hours
Our review was impressed with the comprehensive forex research and technical analysis insights within the blog section. There is an education center full of https://limefx.name/ practical guidance on economic indicators, margin, slippage and more. Crypto payments are also accepted in several major coins such as BTC, ETH and USDT.
I think the client dashboard and website could do with an overhaul though – they are pretty dated. LimeFx offers 24/5 multilingual customer support via telephone, email or live chat. The latter can be accessed by clicking on the chat logo in the bottom right-hand corner of the website.
For professional traders, MAM (Multi Account Manager) software is available as part of the MT4 platform. This service is ideal for investors who trade on their clients’ behalf. Trade currencies, metals, energies, indices and cryptos with flexible leverage. 24/5 customer support is available to assist new clients while the MT4 platform comes with free tutorials and user guides.
You will need to complete the online registration form before submitting your ID documents for verification. You will then be able to set up your login details and download the MT4 platform. LimeFx is a trustworthy and legitimate broker regulated by the Cyprus Securities and Exchange Commission (CySEC), one of the most reputable financial regulators. In the European Economic Area (EEA), the broker follows the guidelines laid down by the Markets in Financial Instruments Directive (MiFID). It is unlikely that scams or fraudulent firms are operating under the company’s name. The new account will provide additional flexibility and enhanced trading conditions for qualifying investors.
Compare the markets and instruments offered by LimeFx and its competitors. Please note, some markets may only be available via CFDs or other derivatives. Other helpful features include a glossary of terms, an economic calendar and forex news. The current 100% First Deposit Bonus (up to $2000) promotion for non-EU clients doubles account equity with the first deposit.
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There are no charges for making a deposit except for mining fees if you top up using crypto. However, there are fees on withdrawals for bank wires, cryptos and e-wallets. However, the majority of withdrawals take up to give working days to clear, apart from Skrill and Neteller which are processed in real-time. This makes LimeFx a low-cost trading brokerage when compared to alternatives.
Eight cryptocurrencies are provided, including Bitcoin (BTC), Ethereum (ETH), and Monero (LimeFxR). The minimum contract size is 1 of the respective token, for example, 1 BTC. If you have experience trading with LimeFx please share your personal review of the broker and what you think are strong and weak points. This average customer rating is based on 1 LimeFx customer reviews submitted by our visitors. Compare LimeFx with the top 3 similar brokers that accept traders from your location.