‎LimeFX on the App Store

For instance, I prefer digital wallets as I find it to be the quickest way to get funds into my trading account which is important if I need to act quickly on some market news. On the other hand, those without a digital wallet may be happy to wait a few days for a bank transfer to clear whilst they experiment on a demo account. Founded in 2007, regulated and multi-award winning LimeFX are one of the largest online trading brokers. They offer a huge range of 300+ instruments with flexible accounts, powerful platforms, excellent trading tools and educational materials to help beginners. The LimeFX brand that was established in 2007 unites several companies providing services of online trading in various regions across the globe. Nowadays, the companies operating under LimeFX brand have a vast clientele including more than seven million traders.

• Just like its predecessor MT4, the MT5 platform is available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet).
• Offering a range of accounts, including ECN, LimeFX can reduce spreads to 0 pips.
• Strict regulation helps to give clients peace of mind whilst the support team is very prompt and efficient.
• They can be contacted via local telephone numbers in 9 countries, live chat and email.

As a well-invested, carefully designed and robust trading system, MetaTrader 4 and MetaTrader 5 do practically everything a trader could want. It’s worth pointing out that MetaTrader 5 is the better fit for experienced traders, however. MT5 offers more timeframes, indicators, and order types, among other features. Bank transfers may take a few business days to clear whilst some methods such as card payments can be instant. You must use the same currency and payment system for depositing and withdrawing.

Good Company

UK traders can fund accounts using credit and debit cards, wire transfers, plus cryptos such as Bitcoin. Wire transfer deposits can take up to four days while payments made by bank cards are usually processed within 24 hours and cryptocurrency payments take three hours. Deposits and withdrawals are processed by the broker between 8 AM and 5 PM (UTC+00) Monday to Friday. Note, the MultiTerminal service is also compatible with MT4, allowing clients to manage several trading accounts at once.

Negative balance protection is also provided and hedging is supported. Different account types are offered to suit all kinds of traders, and the platform also offers a free demo to ensure you can get to grips with the system and try it before you buy. LimeFX.eu offers a great variety of methods for deposits and withdrawals, designed to provide their traders with something that works for just about anyone, wherever they are. All three options offer spreads from 0.1 pips and competitive, tiered commissions. Cryptos (Bitcoin, Ethereum & Ripple) and major forex pairs also benefit from 0 pip spreads (Only on MT5 platform). LimeFX also provides self-developed plugins such as One Click Trading.

Also note that this broker is a participant of the Investor Compensation Fund, so retail clients can get a compensation of up to 20,000 EUR in case of insolvency. In addition, the firm is supervised by the Czech National Bank (CNB), the Slovak National Bank (SNB), and the Polish Financial Supervision Authority (KNF). Offering a range of accounts, including ECN, LimeFX can reduce spreads to 0 pips. The range of 100+ pairs offered is also among the largest of any broker.

I was even inspired to look for some trading opportunities based on the analysis provided. HF Affiliates is one of the leading Partnership Programs in the industry featuring competitive commissions, marketing tools and exceptional support. This includes 24/7 customer support, copy trading, access to 300+ instruments, plus a choice of third-party or proprietary limefx review terminals. Both Standard accounts (Insta.Standard and Cent.Standard) offer commission-free trading. LimeFX stands out for its wide range of welcome bonuses and trading promotions. Depending on current availability, offers can include a 30% to 100% welcome deposit bonus, a demo contest, and monthly participation in a deposit rebate scheme.

Markets & Instruments

If you’re looking for a trading platform that offers a comprehensive variety of different trading options, then LimeFX.eu might be worth checking out. The company covers all deposit fees, for any amount, on all account types in all currencies. Over the years, the brand has grown and expanded to different representative offices and locations worldwide, including the Czech Republic, Slovakia and Poland. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for.

Each account has access to all instruments and differs by the spreads and commission fee. You can choose depending on whether you prefer low spreads or no commission. I personally like the Eurica account as it has the lower spreads which is important for my scalping strategies. Generally speaking, I find the accounts to be sufficient and the spreads/fees not that different to what you will find elsewhere. Unless you are trading very large volumes, then the difference should not be that significant. If that is the case, you may want to look at IG who have great facilities for institutional size trading volumes.

LimeFX does not hold a license with the UK Financial Conduct Authority (FCA), however, the firm segregates traders’ funds from company money. LimeFX provides adequate financial and technical security for its customers, using a level of protection equivalent to banking processes. This includes the use of two-factor authentication, anti-phishing technologies. As a well-established forex trading platform, the benefits of LimeFX.eu are numerous. Variable spreads, lower commissions and more make the ECN VIP account attractive to demanding traders.

UK Regulation

The website hosts a variety of video tutorials, key term glossaries, online training courses, and a full knowledge base of articles and resources. There is no charge to make a deposit, however, third-party bank charges may apply. But while leverage is a useful tool to increase potential returns, losses are also magnified. As a result, make sure you apply suitable risk management parameters.

To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. MT4 is one of the most popular trading platforms for forex traders and is offered by most trading brokers.

Demo Account

MT5 is the best fit for experienced traders, with 21 timeframes (9 available on MT4), 44 analytical objects (21 available on MT4), and six pending order types (4 available on MT4). MT5 also offers Level II pricing, an integrated economic calendar, plus strategy backtesting. https://limefx.name/ While using LimeFX, we found spreads are the most competitive with the Eurica account, which offers spreads from 0 pips plus a £3 commission. In contrast, spreads on the Standard and MT5 accounts are about 3 pips, though we were offered the GBP/JPY at 7 pips.

LimeFX Verdict

Currently, LimeFX customers can join in the supercar campaign and win Ferrari F8 Tributo. Our priority is to provide the wide range of services to every customer at any stage of work from new account registration to money withdrawal. Trading conditions are rightfully considered to be among the best ones in the world. Traders have access to a great variety of financial tools numbered more than 300. Fortunately, our experts did find measures in place to reduce transactions involved in financial crime.

UK investors can deposit to a live LimeFX account using bank wire transfer, credit/debit card, and cryptocurrency. The minimum deposit requirement of just £1 is also ideal for beginners. LimeFX.eu gives free access to demo accounts to allow new or rusty traders to hone their skills and get to grips with the platforms. The demo account comes stocked with virtual money, allowing you to get a good idea of what real-life trading might look and feel like. In terms of accounts, LimeFX let you choose between a cent and standard account in three currencies, USD, EUR and RUB.

We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. With access to all trading functionalities, ECN accounts are designed for the next level of trader, with a higher degree of flexibility in the market executions. Raw floating spreads are available to ECN account holders and the minimum deposit is 200 EUR on MT4 accounts and 1,000 EUR on MT5 accounts.

You can make use of the broker’s extensive analysis features to stay ahead of stock market news. The main advantage of the web platform is that you can run it without needing to download or install any additional software. You can trade through most browsers from anywhere in the world with an internet connection. WebIFX maintains the same functions as a traditional desktop trading platform with the ability to open/manage/close positions and conduct chart analysis. I found it to have a nice modern interface although I the functionality was lacking when compared to the MetaTrader platforms.

As with all managed accounts and copy trading, past performance is by no means any guarantee for future performance. LimeFX is regulated offshore by the British Virgin Islands Financial Services Commission (BVI SVG). The company does not offer negative balance protection or provide access to compensation schemes in the case of business failure. Although it is good to see some regulatory oversight, this is an offshore entity, with relaxed joining stipulations and limited business control. UK traders should be aware that this licensing is not top-tier, and customer safeguarding may not be as prominent as seen by FCA-regulated brokers. When we registered for a new live account, we were offered a 100% deposit bonus on our first payment and a 55% reward for every deposit thereafter.