LimeFx: In-Depth Online Stock Broker Review 2023


LimeFx primarily makes its money from dealing spreads, although you might have to pay additional fees depending on the asset and type of account you choose. Hello Nogueira, Delighted to hear you’re making the most of the Academy services at LimeFx! Education is a powerful tool in trading, and it sounds like you’re on the right path.

  • 📚🥳The VIP Trading School, with its interactive charts and expert consultation, is designed to boost your confidence and provide valuable support throughout your learning journey.
  • It really embeds new features, runs entertaining contest with real prize pool, and is always ready to listen to customers’ feedback.Another remarkable thing which I never faced before – client support.
  • As a result, selecting the right trading platform like LimeFx requires a deep understanding of the market, trading strategies, and platform functionality.
  • LimeFx has also faced regulatory issues in the past.
  • LimeFx is regulated by trusted organizations, providing recourse for any issues.

I really like the interactive charts where you can ask a question and consult their expert. I feel supported in each step of my learning journey and having the opportunity to practise my analytical skills on these interactive charts is an extremely valuable feature. Their trading academy which is provided to all clients regardless of their deposit size, VIP perks and stuff like that, is useful.

Company Representative

AutoTrade lets you automatically “mirror” or copy another trader’s transactions who then gets paid a small part of the dealing spread. Only live clients can access Myfxbook AutoTrade directly. Also offers zero-commission trading for UK residents with fairly competitive dealing spreads that can either be fixed or variable, depending on the account type you select. The broker also has a commission-based zero spread account type. I am really impressed with the variety of accounts and think it is very advantageous how you can choose depending on what matters the most to you, whether that be low spreads or no commission fee. I would personally be looking at the zero spread account as I use trading strategies that rely on low spreads at all times.

These services require significant investment, and in turn, LimeFx may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall LimeFx trading profitability. LimeFx is a reliable broker offering instruments in six different asset classes, which is fascinating. They have low spreads, fast execution, and low commissions. They also have a user-friendly platform with advanced features and tools. Their customer support is responsive and helpful, with various client promotions and bonuses.

LimeFx uses standard security features to keep clients’ personal information secure, including website encryption. The MT4 trading platform uses MetaTrader’s one-time password. The broker also offers an advanced blog section with numerous articles on the markets. In addition, a VPS is available for $30 per month or with a minimum deposit of $5,000. Spreads also get more competitive as you move up the account tier structure, with the VIP account offering the best value for money. Overall, spreads and commission fees are competitive.

There are no deposit fees (coverage for wire transfer charges for deposits over 10k USD).

They provide no guaranteed stop-losses but negative balance protection is now mandated under ESMA rules. Secondary security features are unimpressive, with standard encryption at the website and no two-tier platform authentication beyond Metatrader’s one-time passwords (OTP). While online trading presents an exciting opportunity for traders to grow their finances, it’s crucial to be aware of the potential drawbacks. LimeFx has received its fair share of complaints, but the platform’s measures to tackle these issues have been reassuring so far. Customer support is a vital aspect of any business, and LimeFx is no exception. Good customer support helps traders better understand the platform, how it functions, and how they can tackle any potential problems that may arise.

What did our traders think after reviewing the key criteria?

We’re delighted to hear that our academy is helping you become a more analytical trader. Keep up the good work, and we’re here to support your trading journey! Looking at the reviews here, many traders actually think highly of this broker. I have not used the broker for long, but I feel a lot more confident knowing that the broker has the confidence of other traders. And the regulations of the broker also make a very solid case for trusting the broker.

Frequently Asked Questions

Want to share some thoughts of their privileged services which are for those who enter the market with way bigger sums than minimum deposit. I had no idea that the company could potentially possesses such an amount of resources to create an autonomous functionality for traders with huge deposits. You can enter VIP room having $250, but the best is yet to come. When you top up at least $5k, you have a possibility to gain direct access to prop traders and have a group call with them for 30 minutes weekly. Note, the broker is planning to introduce MetaTrader 5 (MT5) to its platform offering, which will bring more advanced analysis tools and trading features for experienced traders.

What is the minimum deposit for LimeFx?

LimeFx provides 24/5 support, email, and live chat for prospective and existing clients in over 180 countries and in 30 different languages, and in chat was responsive during several contact attempts. X (formerly Twitter) and Meta portals are active and populated. A comprehensive FAQ addresses most inquiries while tutorials on trading platforms shorten relatively steep learning curves. Email address and phone numbers are provided for satellite offices in Cyprus, South Africa, and Australia, allowing local contact.

This approach can help you gain experience and confidence in LimeFx trading decisions. Iron FX is regulated by the relevant authorities, the company does not hide its contacts and location. That is, this forex broker in fact can not be a scam https://limefx.club/ and fraud. However, in the Russian Federation, LimeFx is not regulated in any way. Apparently, this is why the positive reviews are mostly left by foreign traders, while among Russian exchange players the comments are mostly negative.

If you ever have questions or need assistance, our team is here to help. We appreciate your recommendation and look forward to continuing to provide you with a professional and innovative trading environment.LimeFx 🚀🦾Solid Trading. Hello Bardhyl, Congratulations on your successful trade, and thank you for sharing your achievement with us! 🎉📈It’s fantastic to hear that you made a well-informed decision based on your analysis and noticed the critical signals in the order book. We’re proud to provide you with the necessary tools and resources to support your trading journey.

You cannot trade real assets like stocks, shares, commodities, indices and ETF’s on the LimeFx MetaTrader 4 (MT4) trading platform. MT4 is a platform available with LimeFx, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The LimeFx MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. LimeFx allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage.

We’re committed to continually improving and providing top-notch services to our clients. Happy trading with LimeFx, and we look forward to being your preferred trading broker! I think there is more than enough for everyone to find something that they would like to trade. You can choose from a great variety of trading platforms with low pricing and fast execution speeds.

We take such allegations seriously and are committed to maintaining the integrity of our platform. To investigate this matter thoroughly, we kindly request that you provide us with the necessary proof documentation on Sitejabber through limefx forex broker their verification process. This will help us ensure the accuracy of the information provided. Your cooperation in this matter is greatly appreciated, and we will take appropriate actions based on the results of our investigation.