If you suspect unauthorized activity, please get in touch with LimeFx customer service to help safeguard your account. LimeFx prioritizes security through its strong legal framework spanning worldwide countries. Operating under a single brand, the company’s structure prioritizes operational dependability, corporate stability, and client money protection. Initially serving limefx review traders in the Commonwealth of Independent States (CIS), the broker quickly grew to include customers from Asia, Latin America, and others worldwide. LimeFx started operations in 2007, establishing itself as a dependable supplier of financial trading services. Since its start, the organization has enjoyed extraordinary development and established a worldwide presence.
Company History
The swift LimeFx online account application takes less than 30 seconds to complete and asks for a name, e-mail, phone number, and desired trading platform. I appreciate that LimeFx does not engage in unnecessary data mining as part of its registration process. LimeFx is also a member of the Hong Kong-based Financial Commission, which has a compensation fund of up to €20,000 per client. Verify My Trade and Autochartist company verifies and audits order execution monthly, which traders can access.
Does LimeFx offer two-factor authentication (2FA) for account access?
Still, the overall approach to customer support remains excellent. The proprietary copy trading service, which requires a minimum deposit of $100, presents a quality alternative to the embedded MT4/MT5 copy trading services. LimeFx also has a VIP program, upgrading the LimeFx trading experience significantly via up to 30% reduction in trading fees and increased cashback. I like the LimeFx trading fees in the ECN account and multi-tier leverage system.
Non-Trading Fees
Traders who appreciate predictability prefer the Fixed Account because it has fixed spreads, making it easier to evaluate expenses upfront. This removes any possibility of fluctuations and provides peace of mind, thus making it more user-friendly. LimeFx’ two-factor authentication (2FA) usage was not explicitly mentioned on the website, although it is a typical security mechanism brokers provide. Verification of My Trade conducts regular audits certifying adherence to best execution standards with audit findings publicly accessible for transparency. Furthermore, LimeFx is a recognized member of The Financial Commission which ensures broker openness and integrity to offer trade claim coverage via compensation fund. LimeFx provides free trading signals from third-party Autochartist.
Trading Platforms and Software
LimeFx provides a steady flow of market-moving stories via the FXStreet Newswire published on the website. Reports are focused mainly on major economic releases but also include data on key price levels from respected sources such as SocGen. The web platform uses market-leading TradingView charts featuring 11 time frames, 11 chart types, and over 100 technical indicators. Various drawing tools, from trend lines to Fibonacci retracements, are also available.
Over the past 16 years, LimeFx became one of the most competitive Forex brokers. I highly recommend it to all traders, particularly algorithmic and high-volume traders. Today, LimeFx is a reputable worldwide broker known for its steadfast dedication to customer satisfaction. The firm offers traders cutting-edge platforms, a wide selection of trading products, and exceptional customer service.
- This feature was designed specifically for traders who use several accounts, and for Investment managers who manage multiple Investment accounts.
- LimeFx explains its services well, and I recommend the FAQ section before contacting support.
- Trading with a regulated broker will limit the potential for fraud and malpractice.
- Once users are up to speed on a demo account, they can easily switch to a live version.
LimeFx is an average risk broker because of its Tier-4 regulation. No, regardless of payment type, LimeFx does not charge commissions on any deposits. ✅Select “Credit/Debit Card” and enter the appropriate deposit amount and currency.
Check their website and social media accounts for the most recent specials and qualifying requirements. ✅ LimeFx has a blog that covers a wide range https://limefx.vip/ of trading-related subjects. The blog is a valuable educational resource, providing insights into market research, trading tactics, and economic news.
LimeFx offers a selection of insightful and practical educational materials. These include articles in the blog section and a comprehensive knowledge base. The educational offering could be improved by adding courses and live webinars. LimeFx has an active YouTube channel, providing video analysis to complement its written market commentary. The Analytics in 3 Minutes series focuses on the US dollar and covers major market themes such as central bank policy. Head of Analytics Tim Deev does a good job of explaining key economic data and major support and resistance levels.
The app offers popular features such as alerts, 1-click trading, and trading from the chart. LimeFx supports credit/debit cards, cryptocurrencies, ADVcash, and Perfect Money as payment methods. Besides research from Autochartist, LimeFx publishes quality in-house research with actionable trading recommendations. It also maintains a Telegram signal service and explains its trades well. I rate the well-structured LimeFx research section among the best in the industry in quality and quantity.
Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker. He also traded at a couple of different prop trading firms in Chicago.
Besides the volume-based cashback rebate and VIP programs, LimeFx features a promotion allowing traders to earn money, which they can transfer as a bonus to live trading accounts. LimeFx also pays a bonus for traders who switch from another broker and if they want to transfer open positions. Competitive trading conditions are available via the ECN account type, allowing active traders to keep costs to a minimum. Overall, LimeFx can be summarised as a trustworthy and highly regulated Forex Broker that offers traders cutting-edge platforms and a wide selection of trading products. Based offshore, LimeFx offers the advantages of high leverage, a wide range of deposit and withdrawal methods, and an easy sign-up process. LimeFx could improve by offering private account insurance from Lloyds of London and cutting their withdrawal fees.
This year, the sports club also signed an agreement a month ago with Neo, the cross-border payments and foreign exchange (FX) fintech. The deal has made Neo the football club’s official foreign currency exchange partner. The Company helps with its experience by having special trading conditions with the ruble equivalent of transactions. Good service – company operators help in a timely manner with prompt answers. This lets you practice trading in a virtual environment without risking real money.
