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.

• What we can say, is that this account is an excellent choice for trading that complies with sharia law.
• LimeFxFX doesn’t require a minimum deposit to open an account, a notable point in their favor.
• Incorporated into the spread, offering cost-effective trading for CFDs.
• Please note that we offer many advantages, such as low spreads, fast execution, a wide range of payment options, free educational materials, demo trading, a generous affiliate program and many more.
• Dear Mikiyas,Thank you very much for using LimeFx and for sharing your feedback.
• From our assessment, LimeFxFX emerges as a broker that proves itself to be reliable and conducive to traders, making it a viable option for consideration.

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.

Local banks payments first introduced

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.

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 https://limefx.club/ 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.

Many brokers offer a swap-free account and while we are not experts in sharia law, we suspect they may not be truly sharia compliant. This is because the swap has been replaced with a periodic administration fee meaning you receive a charge every certain number of days you hold your position open. Both accounts offer most features found in a standard account with similar types of brokers. This means no commission costs in addition to the spread with these spreads starting from 0.8 pips for the EUR/USD currency pair. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor.

• 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.
• If they have, then this would be akin to an administration fee however it is difficult to prove if LimeFxFX is doing this.
• Profiting off swaps is a legit trading strategy but this won’t be possible with LimeFxFX.
• Becoming regulated in more jurisdictions – especially in Tier-1 jurisdictions – will go a long way towards building trust with existing and prospective customers.

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.

A Straightforward Process

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.

Transparent trading conditions

All three account types, beneficial for both beginners and professionals, provide fair and competitive conditions. For example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status. I was also pleased to see a risk score assigned to each trader, to help users differentiate between traders with historically conservative results versus those that have had more volatility and risk. It would be useful to be able to sort the columns from highest to lowest, but that feature is not yet available when looking at the Master Rating results page. LimeFx (formerly LimeFxFX) offers a basic, low-cost MetaTrader platform experience alongside its proprietary web and social copy-trading platform.

App support

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.

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.

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.

We’re investing in the Forex trader

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.

If you are outside this region, we can’t fully recommend LimeFxFX as you will be trading with their subsidiary based in Saint Lucia where they only need to register as a company. Overall, LimeFxFX has streamlined the deposit and withdrawal process, making it convenient and efficient, without imposing any extra fees. These trader-friendly policies lead to LimeFxFX receiving a top rating for its deposit and withdrawal procedures. LimeFxFX stands out with several unique features designed to enhance the trading experience and provide insights into market trends. LimeFxFX extends three types of trading accounts to suit diverse user needs – the Micro (MT4), Pro (MT5), and the ECN (cTrader) account.

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 limefx reviews 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.

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 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.