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LimeFx Review 2023

They can go as low as $25 (USD) when funding with Visa/Mastercard, to 50 euros (EUR) when using Skrill/Neteller to as much as 500,000 Indian rupees (INR). It’s important to note that minimum deposits and trading costs will also depend on which LimeFx entity you choose for establishing your trading account. Features like its trading glossary, platform tutorials, and dozens of Frequently Asked Questions (FAQs) help to flesh out LimeFx’s educational offering. That being said, there isn’t much educational content for learning how to trade or understand market dynamics. It’s worth mentioning that the broker does have a blog and a YouTube channel, yet I was still left wanting more. For us, we found the trading platforms offered by LimeFxFX to be sufficient.

No, based on your detected country of UA, you can’t open an account with this broker. Next, we had to choose what type of account we were looking to open. We went through the process of opening an account, to see if there are any roadblocks or headaches that you may run into. Some of these educational webinars could be useful, but overall, we’d say it’s only really suitable for absolute newbies. This one is definitely you should beware of, we wouldn’t want to keep major amounts of funds in LimeFxFX.

LimeFx Review

Given its responsive and multi-channel customer service and the supplementary resources provided for customer support, LimeFxFX showcases a strong commitment to assisting its clients. There is certainly room for enhancement, such as the introduction of 24/7 support, yet the existing offering should meet the needs of the majority of traders and can be considered dependable. Dear Manoj Kumar Panda,Thank you very much for using LimeFx and for sharing your feedback. Please keep using it, and we’ll provide you with the best user experience. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.

  • Consider just a few reasons why our fx call centre is superior to a non-specialised option.
  • We hope you’ll continue using it, and we’ll take care of the best user experience for you.Remember that you can always contact us through social media and enjoy our trading content there.
  • Minimum deposits at LimeFx will vary depending on your country of residence and your chosen payment method.
  • Make a deposit via LimeFx trading app or on our site and we’ll give you a 50% bonus, which you can manage directly in our app.
  • Adding additional regulatory licenses in Tier-1 jurisdictions would be a step toward winning more client trust.

Dear Rashed Jalaly,Thank you very much for using LimeFx and for sharing your feedback. We’re delighted you found LimeFx the best broker you have ever experienced, our spread is very appropriate, and we have a highly skilled support team. We hope you continue using LimeFx, and we’ll provide you with the best user experience. Remember that you can always contact us through social media and enjoy our trading content there.

Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. It is based in St. Vincent and the Grenadines (SVG), and it provides little to no regulatory protection. The security of your funds – in terms of regulatory protection – will depend on which LimeFx entity holds your account, and which –if any – relevant regulations provide customer protections. LimeFx offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments. There’s no question – if LimeFx wants to compete with the best MetaTrader brokers, it needs to make improvements in its range of products and its research and education.

Customer Service and Support

Uniquely, the company hosts regular webinars, with topics such as Fibonacci analysis, trading psychology, and even broadcasts where you can watch one of the company’s traders for an entire trading session. But, even for simple questions, we didn’t find the customer service options impressive. Saint Lucia allows companies to self-regulate themselves as long as they comply with the country’s laws.

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If they have, then this would be akin to an administration fee however it is difficult to prove if LimeFxFX is doing this. When it comes to account currency, if you join the LimeFxFX European subsidiary, you will be using Euros. All other clients will be using USD as the account currency so if you are in the UK and prefer GBP as your account currency, you are not able to choose this.

Is LimeFx Safe?

Each year, we collect thousands of data points and publish tens of thousands of words of research. For this reason, LimeFxFX is one of the better choices if you require a sharia-compliant Islamic trading account. In terms of education, there are platform tutorial videos and a basic forex trading course, which would probably be okay for absolute newbie traders. But, it must be said that depositing funds and holding your capital with LimeFxFX is definitely a higher risk than trading with other, more regulated brokers. What we can tell you is that LimeFxFX does have segregated accounts which is the minimum you would expect to see from a broker as you don’t want them to be able to access your funds. They also claim to have highly skilled security engineers and technical specialists to ensure your data is safe.

Comoros Forex Broker License

On the plus side, the company has been around since 2011 and seems to have plenty of positive reviews across the internet. Trustpilot gives them a rating of 4.5 out of 5 stars from 6255 reviews. One other side note is that LimeFxFX used to be located in St Vincent and the Grenadines. In late 2022 or early 2023, they moved to Saint Lucia – this was around the same time, Saint Vincent announced a tightening of their supervision of foreign companies.

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We hope you’ll continue using it, and we’ll take care of the best user experience for you.Remember that you can always contact us through social media and enjoy our trading content there. If you have any questions, please contact our team at We’re always happy to hear from our clients.Kind regards,LimeFx Rep. Dear Chand Miyan,We regret we weren’t able to respond to you earlier. LimeFx is a global broker, providing services in over 150 countries since 2011. We abide by international laws and regulations, ensuring the safety and security of our clients and their funds. Please note that stop-out occurs whenever an account’s margin level falls below 15% in trading accounts.

We’re helping traders build stronger futures by offering a wide variety of educational videos as well as unlimited demo training accounts. These include the opportunity to earn up to $500 on a monthly basis trading in a training mode with no deposits required, and learn basic trading skills for secure trading. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.

It is truly an honour for us to receive such positive feedback from you.In addition, we would like to suggest that you follow us on our social media platforms. By doing that, you will be able to keep us informed about the latest news and promotions that we have to offer. LimeFx is best suited for both beginner and intermediate traders due to its easy-to-use platform, educational resources, and low minimum deposit requirement. The broker provides comprehensive trading tools and features that traders can leverage to optimize their trading strategies. Additionally, LimeFx offers impressive customer support to assuage any potential challenges traders might face.

From registration to initial deposit, and even withdrawal, it was easy and flawless . It’s User friendly, trade in vast number of currencies, 24/7 customers support, MT4/5 support.The Deposit and Withdrawal process needs to fast because limefx scammers withdrawal takes more than 3 days and it needs to better. We measure success by providing cost-effective trading conditions, along with a completely transparent service worldwide, regardless of how high our clients’ expectations are.

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