LimeFX Review 2023: Is This the Right Broker for You?

Note that each account has its own features and benefits, and traders can choose the one that best suits their needs. It is not possible to predict future success based on past performance. The high leverage inherent in CFDs can result in a rapid loss of money. It is crucial for you to determine whether you are capable of taking the risk of losing your money when trading CFDs. The broker also provides demo account facilities for the traders interested to taste the live markets. With a LimeFX trading account, you’ll be able to use MT4, MT5, cTrader, and its unique RTrader platforms.

Withdrawals are processed promptly, and customer service has been consistently helpful and professional. I have an account with LimeFX for many years and every time they try to update and improve their site, platforms and services, and it is often better than the previous version. I really like the company and I hope I can continue to trade here. They are great and I recommend this company to everybody who are looking for really stable and reliable broker.

How Withdraw Money from LimeFX Step by Step:

For example, there is a special platform for shares (RTrader). LimeFX offers different account models customized to the trader’s request (read later on this page). From higher deposits (5,000 €), you can, for example, get cheaper fees when trading in the Prime Account. Another great advantage is limefx review that you can create an account and create multiple trading accounts within it. LimeFX offers a range of trading accounts that cater to different users’ trading styles and experience levels. These include the ProCent account, ECN account, Prime account, R Stock Trader account, and Pro account.

VIP accounts for professionals with lower commission and best trading conditions the Company can offer. LimeFX offers a seamless and intuitive trading platform that I found incredibly user-friendly. The charting tools are sophisticated and customizable, which is perfect for deep analysis.

Islamic Account

The platform is fully regulated, operating under the oversight of the Financial Conduct Authority (FCA) in the UK, and the Cyprus Securities and Exchange Commission (CySEC). LimeFX is thus a great alternative for those seeking a trustworthy, technologically advanced, and versatile online brokerage platform. LimeFX commission fees depend on the account types and instruments.

• Using Pro-Cent accounts, beginners and experienced traders can test their trading strategies.
• All British residents are eligible to open a trading account at LimeFX but will have to meet the minimum deposit requirement of 10 USD.
• We also look at the ECN model vs market makers, taking into account spreads and leverage.
• Electronic communication networks can be used for extended trading, outside the hours of the traditional market opening.

Over 12,000 instruments are available on this trading platform. RTrader is completely free and offers you universal limefx website charting similar to MetaTrader and cTrader. As mentioned above, there is negative balance protection at LimeFX.

Forex Brokers in USA

In addition, there is no additional funding, and the account is protected against a negative balance. LimeFX Ltd and its affiliates don’t work on the territory of the USA, Canada, Japan, Australia, Iran, Russia, and other restricted countries. You are looking for experiences with the online broker LimeFX?

• The Financial Commission is the most trusted independent self-regulatory organization and external dispute resolution (EDR) body globally.
• There is a high level of risk involved when trading leveraged products such as Forex/CFDs.
• As one of the few brokers, LimeFX offers a very large bonus program, which we will explain to you in the following text.
• This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.

We do not present any investment advice or guarantees for the accuracy and reliability of the information. LimeFX is a regulated broker by the FSC license, which means that it can be considered a reliable and socially responsible broker. FSC Belize follows the international AML (Anti-money laundering) policy. LimeFX accounts are structured in a much more user-friendly way.

Spreads – From 0.0 pips available on LimeFX

It also provides a unique tool allowing traders to build, run, and test trading strategies. Experienced traders often prefer accounts with higher minimum deposits and tight spreads. LimeFX pro cent and pro standard accounts are good options for beginners. These accounts do not attract commission, and their average spreads are 1.8 pips.

With the CopyFX platform, you can access more than thousands of different traders. If you sign up as a trade, you can receive high additional commissions. LimeFX offers a very low spread of 0.5 points on the Dax, for example. The commission depending on the account type, starts from $4.

As a prime account trader, you’ll enjoy all kinds of loyalty bonuses provided by the broker excluding the deposit bonuses. You’ll also enjoy a 5% cashback or rebate based on the revenue earned by the broker from your trading activities. LimeFX offers a minimum of 0.0 pips spread, making them among the most competitive and affordable brokers. However, this minimum spread applies to accounts with ECN executions. Since then, the system has been constantly extending and growing popular.

The fee depends on your payment method, but the lowest is 0.5%. Withdrawal fees are the only non-trading fees you will experience https://limefx.club/ on LimeFX. The banks and market conditions determine the interest rates, which can be positive or negative.

It also offers negative balance protection to all clients, so traders can never lose more than they have in their trading account. In addition, LimeFX Ltd is an “A” category member of the Hong Kong-based Financial Commission, which provides protection of up to 20,000 EUR per case. The Financial Commission is the most trusted independent self-regulatory organization and external dispute resolution (EDR) body globally. Accounts with lower minimum deposits and which allow trading in micro-lots are generally more suited to beginner traders. However, spreads on these accounts are often wider than those with higher minimum deposits.