LimeFX Forex Bitcoin Broker Review, Scam Or Legit ?

Explore LimeFX’s products and pricing at LimeFX Markets Kenya Ltd, a subsidiary of LimeFX Group Ltd, has… The trading platforms available compare pretty well with other popular brokers which offer platforms from Spotware Systems and MetaQuotes Software Corp. The key differences are only notable in the execution methods and pricing.

is LimeFX Scam or Legit

Unlike such, LimeFX deposits all clients’ funds in segregated accounts which are held with only top-tier banks like Barclays and National Australia Bank. It doesn’t feature any commissions, with the average spreads on the EUR/USD ranging from 1.0 pips to 1.2 pips. LimeFX offers an exceptional suite of top-notch, revolutionary, and innovative trading platforms.

Please educate your support people so your client won’t loose money for nothing. C. In the end , they simply said they won’t accept money from certain bank/countries. In terms of funding methods, LimeFX offers numerous payment methods, yet check according to its regulation whether the method is available or not.


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Full fees and pricing are in the table below, however LimeFX overall fees are good. LimeFX sets a considerably high bar when it comes down to customer service. LimeFX seems to have quite many advantages Forward rate to offer, and the minimum deposit requirement (set at $200) is just among such. It’s notably lower and more favorable as most other online Forex brokers require a starting deposit of at least $250-$500.

is LimeFX Scam or Legit

It packs useful features like Market Reviews, Autocharts, Economic Calendar, and Trading Guides. Credit to such, traders are able to enjoy an outstanding, top-of-the-line experience, investing as dynamic, much, and often as they wish. LimeFX is a reliable broker with top-tier licensed FCA and ASIC, the account opening is fully digital and trading environment is one of the best Australian offering with ECN accounts, Trend line (technical analysis) powerful research and trading tools. It’s quite basic and doesn’t feature institutional-grade STP spreads. This account’s pricing structure isn’t based on commissions, with inherently wider spreads. Other research-related tools you’ll get access to include ZuluTrade, a social-trading platform that enables users to search, discover, and compare the trading systems developed and modified by other traders.

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The ‘Smart Trader Tools’ is yet another impressive feature offered to complement LimeFX’s MetaTrader offering. Such include an MT4 sentiment tool that’s greatly comparable to the popular add-ons offered by ADS Securities and Admiral Markets. The LimeFX minimum deposit amount is 200$ for any account type of your choice.

You can make use of this account with either the cTrader or MetaTrader platforms. It follows a pricing structure that’s based on commissions and prevailing spreads. The minimum deposit required here stands at AUD 200, with the spreads starting from 0.0. LimeFX one of the world’s largest brokers,enters the Kenyan forex trading market. LimeFX is built on an uncompromising level of service for all its clients, underpinned by some of the best prices and execution speeds in the industry.

LimeFX avails an Economic Calendar which displays consensus forecasts. These are powered by MyFxBook, a social-trading, premier website which will sync your MetaTrader Account, hence supporting signals’ trading. You’ll also get access to both technical and fundamental analysis content, sourced from third-party analysts.

is LimeFX Scam or Legit

Indeed, LimeFX strives to propose the best options to traders community was recognized by numerous awards, which the broker received regularly along to the great reviews from traders themselves. For the Cons there is no 24/7 support and demo account available for 30 days only, also instruments are limited to Forex and CFDs. LimeFX is a wholly-owned subsidiary of LimeFX Group Limited, an Australian-based company established in 2010, which has quickly grown into one of the large forex and CFD worldwide providers. That includes Australia, France, Luxembourg, Monaco, Morocco, Norway, Singapore, Switzerland, the United Kingdom, Sweden, and the Netherlands, among many more. However, it’s not available in several, select countries, including the U.S.A., North Korea, Japan, New Zealand, Nepal, Iran, Iraq, etc.

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LimeFX Limited was launched in the UK in 2016 while expanded its services to cover the needs of UK and European clients through local access. Overall, the group serves offices in major financial destinations Melbourne, Dallas, Bangkok and London. LimeFX is a decent option and, indeed, worth considering as they cater pretty well to all Forex-focused investors, regardless of their experience level. We recommend LimeFX for prospective Forex investors, especially those who’re seeking a safe, trustworthy, and reliable, online Forex trading broker. Supported customer service languages include English, German, Polish, Russian, Spanish, Chinese, Arabic, French, Italian, Portuguese, Slovak, and Thai. Many investors have been praising the staff at LimeFX, commending them for their professional, supportive, and patient attributes when dealing with various concerns.

In turn, you’ll be able to copy trades automatically and directly into your LimeFX through a process referred to as Copy Trading. They’re a leading and Award-Winning Forex brokerage brand that’s based in Australia. They have grown to become a major player in Forex brokerage, transacting FX volumes worth over $100 billion each month. They’re popularly regarded as among the best brokers for Forex trading online. Some people praise them as a reliable, efficient, and user-friendly broker. Another point to admit is awarded support provided by the LimeFX.

  • Together with advanced trading platform capabilities there are additional research included too like Autochartist, and regularly updated from the broker’s in-house analyst.
  • All information on is only published for general information purposes.
  • Clearly they themselves are not aware of their own regulations and they wasted my time asking me to submit documents every time i reach them for the transfer deposit.

For the most accurate data check the official LimeFX website or platform also, check out and compare fees with another popular broker LimeFX or see comparison table below. MENA region and clients from Dubai are also authorized to legit and regulated Forex trading opportunity since the broker is authorized by the DFSA. In addition, with continuous expand LimeFX established an entity in Kenya while regulated by CMA so the African region is covered as well. In addition, LimeFX recently as of November’20 acquire CySEC license as well, so that the EU clients are fully covered under its legislation. It also, add on BaFIN license at the end of the month securing German markets likewise.

An Active Traders’ Account user gets access to other custom means of Forex trading. Upon creating a Razor Account, accessing the Web or desktop version of MT4 comes pretty standard. Minimal configuration changes are made from each broker, although the pricing, execution, and reporting tools may vary significantly.

LimeFX Forex Broker Review

And, they can only be transferred to an account bearing the same name to that holding the trading account. Three largest brokerages such as LimeFX, LCG and LimeFX and two more major companies have applied for getting the Dubai Financial Services Authority license. The Dubai Financial Services Authority is the financial regulatory agency of the special economic zone, the Dubai International Financial… Besides, LimeFX enhances trading options with social trading capabilities so you will be able to use industry popular ZuluTrade and its copy trading performance. In addition, the company provides Negative Balance protection and an automated Risk Management System to secure clients’ safe trade.

Such features help make for a positive and remarkable customer service experience. On average, withdrawal requests are processed within 24 hours and limefx forex broker completed within 3-5 business days. When it comes to withdrawal, LimeFX transfers funds to the account’s owner either by bank wire or credit.

The LimeFX quotes coming from as many as 22 Major Banks and Electronic Crossing Networks, therefore traders can place orders assured of the best possible market price. They rank highly in functionality and design, as well as the range of tools. Other items included in their product selection include cryptocurrencies, energy, precious metals, and soft commodities. Within the cryptocurrency section, LimeFX supports Bitcoin, Litecoin, Dash, and Ethereum. Another way to prevent getting this page in the future is to use Privacy Pass. If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices.

Clearly they themselves are not aware of their own regulations and they wasted my time asking me to submit documents every time i reach them for the transfer deposit. LimeFX also is an active partner of Equinix that creates a state of art Forex trading infrastructure that directly exchange data with strategic partners and customers in close proximity. The platform is also available on Web version as well through the mobile application. Yet, a key cTrader’s component is cAlgo, which designed to be a powerful tool with robots and indicators developed on C# for intuitive functionality. In addition, LimeFX enhanced platform with Smart Trader Tools, a package with over 10 smart apps that makes trading more efficient.

The commission fee is added on LimeFX Razor Accounts only, since you will be trading with interbank spread quotes starting from 0 pips and commission charges are added as a trading fee. LimeFX applies transparent conditions and a quite competitive offering of $3.5 per lot per 100,000 USD traded. A unique, worth-mentioning advantage offered by LimeFX’s trading platforms is the compatibility with MetaTrader-4, MetaTrader-5, and WebTrader. It’s compatible with virtually all mobile devices with a reliable Internet connection. Award-winning online CFD broker LimeFX goes from strength to strength with its official launch of commercial operations in Cyprus under its CySec license, securing certainty for European clients ahead of Brexit. LimeFX is built on an uncompromising level of service for all its clients, underpinned by some of the best prices and execution speeds in…

LimeFX makes use of its proprietary EDGE infrastructure to bridge the MT platform with the liquidity providers accepting your execution orders. Meanwhile, they incorporate their Price Improvement technology to enhance execution rates. This brokerage boasts an outstanding product selection.Currently, they have over 70 different assets, ranging from stocks, commodities, and currency pairs, to indices. They offer far more incentives when compared with most other similar Forex brokers.

This account is mainly aimed at high-volume retail traders and institutional traders, with spreads which begin from 0.0 pips. Besides, it offers access to bonus features like advanced reporting, superior ECN execution, dedicated account managers, and a reliable VPS hosting service. LimeFX was originally founded as a specialist forex broker providing access to interbank execution and low spread pricing. However, further on LimeFX established assistance service for both retail and institutional traders through low-cost pricing by the multiple direct destinations of liquidity, without a deal desk and became execution-only broker.

The fans of cTrader Platform are welcomed also, as software believed to be one the most innovative and revolutionary trading platforms available through the Desktop version. As the platform based on an algorithmic logic it shows great performance and allows efficient position management in fast moving markets. The LimeFX’s trading technology and software mainstays the importance of performance and then an additional included parameters.