16
Feb

LimeFx Review 2023: Is This Broker Platform Safe for Trading?

LimeFx (ForexTime) review
LimeFx (ForexTime) review

In addition to forex, CFDs, commodity, indices and spot metals trading, LimeFx offers different account types to fit just about any kind of trader. Trading on the MetaTrader 5 trading platform via LimeFx allows greater access to financial markets such as indices, stock CFDs, commodities, futures, and forex. In addition, MT5 offers several transaction types, an economic calendar, an email system, and 44 graphical objects. The MT4 platform offers interactive charts that are easy to read, and traders can analyze the markets in real-time. They also access over 30 technical orders indicator that helps them identify market trends and LimeFx trading signals.

Introducing LimeFx Invest – LimeFx

Introducing LimeFx Invest.

Posted: Tue, 24 May 2022 16:18:43 GMT [source]

View the requirements in the categories of FX majors, FX minors, FX exotics, spot metals, BTCUSD, ETHUSD, LTCUSD, and RPLUSD. LimeFx also delivers fast execution as transactions are executed immediately. This means that you do not have to worry about delays interfering with your ability to get the best prices. We are so sorry that these complications occurred while working with our Company. We are kindly asking you to send us a message to In the message, please specify your MyLimeFx ID number.

LimeFx Invest ( Copy Trading )

It allows traders to take advantage of the stop loss and take profit parameters, which are available to help mitigate risk. The increasing popularity of the platform has been achieved despite it not offering trading in the crypto markets. This historical disadvantage will be less of an issue as regulators ,such as the FCA , introduce measures prohibiting retail investors from trading cryptos using CFD instruments. LimeFx has the feel of a global broker and provides trading services to residents of more than 150 countries. The entity you sign up with is determined by where you live.

The broker serves a global audience from over 150 countries, with a global network of offices, spanning Europe, Africa, and Asia. The company launched in 2011 with its headquarters in Cyprus . The chain of LimeFx offices is also established around Europe, located in the UK, and maintains an entity in South Africa. Also authorized by Financial Conduct Authority and other regulators, In a relatively short time, the firm showed great and rapid growth within Europe and beyond through its focus on Africa and Asia regions.

Can you make money on LimeFx?

LimeFx Invest for Investors. Financial market trading is potentially profitable, if you have skill, experience and the time to monitor the markets.

On the website, in the ‘Market Analysis’ section, you can find market updates and various research tools, e. A Forex News Timeline, as well as market analysis videos published by LimeFx. The available stock markets are NYSE, NASDAQ and the Hong Kong Stock Exchange.

The Expert Advisors automated or algorithmic trading account works in conjunction with the LimeFx Invest Strategy Manager account. You can create your own strategy or choose to follow one of the strategies of the Expert Advisors. This is a great option for traders who wish to adopt a more hands-off trading policy and are willing to pay a fee to do so. The LimeFx Invest Strategy Manager account is a relatively new offering. LimeFx’s copy trading program allows less skilled forex investors to mirror your trades and then you earn a percentage of their profits. You can earn up to 40 percent commission for each trader who profits by following your trading strategies.

How Withdraw Money from LimeFx Step by Step:

However, one drawback of trading with the Advantage Plus account is that wider spreads may confuse most first-time traders. Traders can find additional opportunities while trading on CFD commodities with LimeFx. Commodity trading has become more convenient thanks to the LimeFx exchange, where traders can access the commodity market more easily than by buying the commodities outright. At LimeFx, traders can do trading CFDs on US natural gas, US crude oil, and UK Brent oil. The prices of energy and oil products keep fluctuating based on a number of factors, such as general confidence prevailing in the world economy and demand & supply for the products.

This account is also available to traders under CySEC regulation and offers instant trade execution. ForexTime is a forex broker established back in 2011 by Andrey Dashin. LimeFx offers an intuitive trading platform based on MetaTrader 4 and 5 and offers a wider range of trading instruments including Forex, Cryptocurrencies, Index and Commodity CFDs, Spot Metals and Stock CFDs. With a combined experience of more than 30 years, the management pledges transparency and quality services.

One of the differences from the above is that the minimum deposit to start trading is only $200. LimeFx, a mobile trading platform, accepts clients from various countries and supports the following currencies – USD, EUR, and GBP. Note that LimeFx does not charge any deposit fees or commissions, which makes the social limefx company reviews trading platform one of the most desirable options in the market, as per our research and LimeFx review. In addition to this, LimeFx does not charge any forex fees or non-trading fees & trading costs are reasonable. There are three simple accounts plus three ECN trading accounts (ECN, ECN-Zero, and ECN-Pro).

LimeFx (ForexTime) review

In all, LimeFx is an excellent choice for a forex and CFD broker no matter whether you’re just starting out or have been trading for years. The MT4&5 platforms feature state-of-the-art technical analysis and charting options. They can also run “expert advisors” that consist of software you can program yourself or buy from 3rd-party developers.

Payment Methods

The one-click feature for trade has been made faster than the desktop trading platform version. Furthermore, on both MT4 and MT5 platforms, a biometric login is also provided, and the MetaTrader platforms are accessible from the mobile app. The mobile trade platform allows traders to modify, open and close positions on more than 250 CFD and forex instruments on a demo and a live account. This social trading broker offers a user-friendly dashboard, trading charts, and living currency rates updated 24 hours, 5 business days a week. LimeFx offers desktop, Apple, mobile, and tablet versions of the industry-leading trading platforms MetaTrader4 and MetaTrader5 to meet a wide range of traders’ needs and increase their trading flexibility.

The commission varies between 0.4 USD and 2 USD per standard lot traded and could basically add up to 0,2 pips to the equation. LimeFx makes money from spreads, commissions, swap fees, and miscellaneous account-related fees. Traders tend to underestimate customer support, but it might be a crucial feature in moments of crisis. In our rating, we check lime fx the contact methods available, how accessible a live agent is and how helpful the responses are. This information will allow you to know if a broker can provide full support when you need it. Watchlists, tracking of open, pending, and closed positions, 1-click trading, and trading from the chart are among the key features available via the app.

  • Your comment is totally unjustified and if you are facing a ‘real’ issue, please send an email to and include your LimeFx ID so we can investigate your case and provide a public response right here.
  • Instead, the broker has effectively built a suite of educational resources that are well-tailored to the platform’s users.
  • We have never intervened or interfered with Clients’ trading.
  • Social trading is becoming one of the most important aspects of trading, and traders will certainly appreciate the broker’s commitment towards offering a modern and efficient Forex trading service.
  • All clients except UK and EU clients, can use LimeFx Invest, a social trading service.This means, if you are onboarded under Mauritius regulation (LimeFx’s Exinitiy Ltd entity) you’d be able to use this feature.

They also get an extensive range of order types and trading signals with MQL5. Many traders appreciate the fact that automated trading ensures you do not miss any opportunities if you cannot watch the markets 24/7. Regardless of the type of account, NGN accounts are only offered for clients in Nigeria.

LimeFx summary

Graphical objects are limited to 31 on the MT4 platform and 44 on the MT5 platform. Economic calendars are included with the MT5 platform and there is an email system for both. Their clients can exploit sound and reliable market analysis and news as well as profound educational materials such as exclusive courses and webinars.

So, I logged in to the portal and tried to disable the option. It will say “Success”, but still show that option in Green. We would like to bring your attention to the fact that every deposit method has specific a specific period for processing. Please send your MyLimeFx account number to We will check this information and provide a prompt response.

You can easily download the mobile trading app for tablets or smartphones to start trading on the move. The final account is the Shares account, which requires $100 to open and only allows for CFD trading with over 180 options to choose from. Spreads start from 0.1 and with all the account you have instant execution. The importance of a demo account is you can test run the platform before depositing money and see if it is the right fit for you. This also gives you the ability to become more acclimated to the usage of the tools before putting your hard earned capital to work.

Other small channels famous in developing countries can be used. • Select the preferred deposit method then click ‘Deposit’. • Tap on the wallet or LimeFx account that you desire to add funds to then fills in the necessary fields.

Is LimeFx good for beginners?

Based on our scoring methodology, LimeFx is not considered good for beginners.

ForexTime UK Ltd is also regulated and authorized by top-tier FCA or Financial Conduct Authority . Being a member of the Financial Commission, Exinity Limited is engaged in resolving disputes that may exist in the forex market. LimeFx broker also offers a referral to a friend program where you get $50, and if your friends join, they will also receive the same amount.

The company generates funds from commissions and spreads that are charged on overnight financing markups and trades. The LimeFx trading toolbox and all the useful tools it contains is available free of charge. They range from risk management tools to technical analysis tools and have been developed to help clients make profitable trades. CFDs on Indices and ETFs – LimeFx allows its clients to trade ETFs through their authorized participant and gain access to funds invested on stock exchanges. FT Global Limited, its parent company, operates under a license granted by the International Financial Services Commission .

LimeFx (ForexTime) review

LimeFx specialises in forex trading and offers 59 currency markets. A collection of other asset groups is also available, including more than 160 CFD equity markets, 11 equity index CFDs, five spot metal markets, plus Brent Crude, US Crude and Natural Gas. Like many of its peers https://limefx.group/ LimeFx offers several different account opening options. There are essentially six to choose from, and they are classed as Standard Accounts or ECN Accounts. There are no fees for this account type and you do not have to share your trading strategies – just your trades.

What country is LimeFx from?

LimeFx is a registered brand name of Exinity Limited, regulated by the Financial Services Commission of Mauritius with license number C113012295. Exinity Capital East Africa Limited is regulated by the Capital Markets Authority of Kenya under license number 135.

LimeFx Invest lets people who are starting out trading copy the trades of those who have a proven record of success. This also works for those who simply do not have the time to make complicated trading strategies. ForexTime’s minimum and maximum deposits depend on the type of account that you choose. Processing times range from instant to 24 hours/up to a business day for most methods.

What is the minimum deposit for ForexTime?

It also has a minimum deposit of just $10, so if you're new to trading you can get started without worrying too much about jumping right in with a lot of capital.