LimeFX is a reliable multi-regulated broker registered with FINRA, NFA and CySEC. LightspeedTrader – Lightspeed Trader is designed forprofessional traders who prioritize real-time market data, low latencyexecution, and advanced order types. Automated clearing houses deposits are free and so are withdrawals. The daily deposit limit is set at $100,000 and withdrawals capped at $25,000. The key benefits of this system are the tight spreads and fast execution speeds, which come in as low as 50 ms based on our evaluation.
Dozens of currency pairs are available with below-average fees, high-quality order executions and access to two leading platforms – MT4 and MT5. Our review shows LimeFX scores less favorably when it comes to withdrawals. Not all deposit options are available – bank transfers, card payments and some e-wallets such as PayPal are supported. The Forex Standard account offers commission-free trading with spreads from 0.5 pips. This is noticeably tighter than the variable spread accounts at the majority of brokerages.
The deposit minimum is accessible, making the broker a decent option for seasoned and novice traders. As the financial realm continues to evolve, so does the need for superior trading tools. LimeFX’s platform unfurls a tapestry of innovative features tailored to limefx official site empower traders.
LimeFX offers traders a robust customer support infrastructure. The broker ensures customers get easily accessible real-time assistance during standard hours (9 – 6 EST) via a live representative. However, customer support isn’t limited to regular work hours.
- Lime Trading (CY) Ltd – the owner of LimeFX – is regulated by CySEC and subject to oversight from the European Securities and Markets Authority (ESMA).
- For those inclined toward commodities, LimeFX provides a diverse asset range, including agricultural and non-agricultural securities.
- The minimum deposit is $100 for the Forex and CFD Standard and MT5 Global account and $200 for the Forex ECN option.
Platform
An investor could potentially lose all or more of their initial investment. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.
Forex Education
People come here to learn, hang out, practice, trade stocks, and more. Our trade rooms are a great place to get live group mentoring and training. Moreover, LimeFX + limefx reviews is user-friendly and a cut above many brokerage-provided platforms.
Payment methods
This includesthe well-known MetaTrader 4 and MetaTrader 5 platforms. Additionally, theyoffer the CQG Trading Platform (often used for futures and options trading),ROX Premium, Sterling Trader Pro, and Lightspeed Trader. Finally, for experienced traders, there’sthe MT5 Global account. This provides access to the MetaTrader 5 platform,spreads starting at 0 pips, and a commission of $2 or less. As mentioned above, LimeFX’s accountstructure differs from the tiered approach common among brokers. Their accounttypes are primarily distinguished by market access.
The firm boasts a wide range of assets, including stocks, forex, futures and cryptocurrencies, all of which can be found on the MetaTrader 4 and MetaTrader 5 platforms. This 2024 review will explore LimeFX’s services in more detail, including the price per trade, deposit and withdrawal options, and UK customer service quality. LimeFX was founded in 2007 and obtained its CySEC license in 2015. It segregates client deposits from corporate funds and offers negative balance protection in its standard trading accounts for retail traders. It complies with ESMA guidelines and MiFID II, and the Cyprus investor compensation fund protects deposits up to 90% with a €20,000 limit. My review did not uncover misconduct, scam, or fraud, and I confidently rate LimeFX as a legit and safe Forex broker.
