LimeFX is a regulated broker by the FSC license, which means that it can be considered a reliable and socially responsible broker. FSC Belize limefx broker reviews follows the international AML (Anti-money laundering) policy. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.

LimeFX give you access to popular indices with spreads from as low as 0 pips and execution speeds from 0.1 seconds. I like how the broker has some useful educational materials that are suitable for different skill levels of traders. If education is important to you, then IronFX also have a great selection. The MT4 web platform runs directly in most popular web browsers without needing to download or install any additional software.

LimeFX Trading Platforms

You also can reach LimeFX’s customer service by telephone on a 24/7 basis where the broker’s support personnel stand ready to answer your questions in multiple different languages. Other customer service options include filling out an email request form and addressing mail to their headquarters in Belize City, Belize. You can also contact the broker via Facebook, Telegram and LinkedIn. LimeFX also bears the Verify My Trade (VMT) certificate, as well as negative balance protection which ensures clients are able to manage portfolios in a safe and competitive trading environment.

For others, the broker offers bonuses on first deposits, profit share bonuses, welcome bonuses, cashback, special competitions, and many others. At LimeFX, those using Islamic accounts are free from paying swaps. However, they do have to pay a fixed commission, which depends on the currency pair and number of open lots but not on the issuing banks’ interest rates. This account is specifically created for clients of the Muslim belief. Keep in mind that the Swap-Free account at LimeFX is only available for cent and standard MetaTrader4-based accounts, as well as for Pro-Affiliate accounts.

Trade 100 EFTs on commodities with LimeFX

At the same time, it cuts off access to any platform but the R Trader. The Pro-Cent version has high leverage but is severely limited in the available trading instruments. The Pro-Trader seems the most versatile but has significantly higher spreads than other types.

In addition, the client can explore the functionality of the R Trader terminal by simply pressing the “Continue as a guest” button. However, it should be noted that the platform will not allow any trading operations, even with virtual money, when using this option. But perhaps the most important feature of the block with charts is the possibility to analyze correlations of trading instruments (analysis of two different charts https://limefx.club/ on one screen). Of course, we cannot speak about this function as simple, nor can we say that any trader can use the analysis of correlations without prior preparation. Below in the program there is a block where the information about active trading positions, history of transactions and failed orders is displayed. If you compare ECN accounts of other brokers, LimeFX has the best trading conditions for scalping.

Good broker with lots of bonuses until…

You should note that not all accounts include the “privilege” to access all the platforms. The worst thing is that some accounts cut mobile and web traders, significantly stifling trader experience. Similarly here, Claws & Horns provide most of the educational material, as well as video content, helping create a superior experience. Overall, the education is solid but LimeFX isn’t one of the most popular forex brokers for beginners.

With all its international scale and whatnot, it’s worth noting that LimeFX does not offer the services to clients from Belgium, Canada, the USA and Japan. While LimeFX isn’t all bad, the firm definitely shot itself in the foot with its account typing. Instead of offering tiered accounts, or variations that specialize in specific asset groups, it just limits users. If a customer wants one thing, then they need to sacrifice two others. That makes it so you’re never quite content with your choice, as something is always missing.

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Most newbies immediately lose their starting capital without having enough time to acquire initial trading skills. Beginners have more chances to overcome the so-called psychological barrier that a vast majority of beginning traders have. The LimeFX project takes into account user demand and offers several types of bonuses to its clients.

LimeFX provides its clients with the best promotional offers in financial markets. The broker has a global presence, delivering tailored solutions from copy trading to crypto deposits; LimeFX meets the needs of its customers. Some of the pros of trading with LimeFX include its low minimum deposit requirement, high leverage options, and multiple account types. The broker also provides a variety of trading platforms, including the popular MetaTrader 4 and 5 platforms, and has a useful selection of educational materials for beginners. LimeFX have several flexible account types for different trader requirements. The main difference between the account is that some offer lower variable spreads with a commission charge and others offer marked up variable spreads with no commission charge.

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When assistance is needed, traders just need to click the green button on the website. LimeFX offers a seriously low spread in comparison to what some other brokers offer with its spreads from 0.0 pips, as well as $15 commissions per one million USD of trading volume via the Prime Account. Once your account is registered, and your documents have been uploaded, you can deposit funds through multiple deposit methods.

The educational platform combines in-house content and videos from Claws & Horns. I recommend beginner traders take advantage of the LimeFX blog, where most of the content is available, engaging, and presented properly. It is updated daily, and traders can find plenty of high-quality material. The LimeFX CopyFX platform allows traders to copy trades from other traders as social trading has gained popularity and continues its expansion.