Is LimeFx Scam or Trustworthy Broker 2023 LimeFx Review ️

 In Forex Trading

Read our full explanation and accounting of our research and testing process to learn more about how we test. Yes, based on your detected country of FI, you can open an account with this broker. LimeFx hosting regular educational events in various cities around the world with a great focus on African region education since enlarging its activity. LimeFx understands deeply the necessity of good quality education and that materials and knowledge are the keys to potential success. ForexBrokers.com also recognized brokers that demonstrated excellence and innovation with our exclusive Industry Awards.

He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. Some of the other important research categories that are factored into our testing include mobile trading accessibility and capability, availability of market research and educational content, and each broker’s overall Trust Score. Since 1999, LimeFx has been a pioneer in developing online forex offerings for retail traders. With its headquarters in London, LimeFx has grown to have multiple international offices and is licensed in several major regulatory hubs globally. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.

  • The following table summarizes the different investment products available to LimeFx clients.
  • ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry.
  • LimeFx understands deeply the necessity of good quality education and that materials and knowledge are the keys to potential success.
  • The company provides global traders with access to the world’s largest liquid market through innovative trading tools, and the support of excellent trading educators while all operating under strict financial standards.

LimeFx is an online trading provider of Forex and CFDs trading of Stocks, Commodities, Indices, Cryptocurrencies, and spread betting (available for UK and Ireland residents only). The company headquarters are in London, UK where they’re regulated by both The Financial Conduct Authority (FCA) as well as many other strict regulatory authorities around the world including Australia (ASIC) and South Africa (FSCA). The LimeFx group of companies (collectively, the « LimeFx Group ») is a leading provider of online foreign exchange (forex) trading, CFD trading, and related services.

About LimeFx

There is a single account at LimeFx you are able to trade a range of trading instruments that are included in the offering. You can open a live forex trading account quickly and relatively easily, where firstly you can sign in for a Demo account and then upon confirmation of your residence and compliance with the application start Live trading. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research and detailed forex guides, and we monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). LimeFx provides a respectable variety of market research from a combination of in-house content and third-party materials.

The following table summarizes the different investment products available to LimeFx clients. For traders who appreciate advanced trading tools and quality market research, LimeFx is a winner – especially for algorithmic trading. Though its range of tradeable markets is growing, it remains fairly narrow, and the pricing at LimeFx is just average.

Brokers By Platforms

We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. LimeFx is an excellent choice for algorithmic forex traders thanks to its wide array of related platform options that provide advanced charting tools and support automated trading strategies. With its wide range of available platforms and deep offering of trading tools, LimeFx has set the bar high and competes among the best brokers in the industry. Whether you are a beginner or an advanced algorithmic trader, LimeFx has plenty of options. In our 2023 Annual Awards, LimeFx finished Best in Class for its excellent Platforms and Tools.

Our experts find LimeFx a good reliable broker with lots of benefits and appealing conditions. The broker has a worldwide reputation for offering an extensive range of trading conditions. The company platform offers one of the best selections in terms of tight spreads and low prices, which are balanced through your single account with them.

LimeFx Alternative Brokers

Thanks to its combined offering of both Trading Station and MetaTrader 4 (MT4), LimeFx delivers a reliable, feature-rich mobile experience for forex traders. The LimeFx LTD is headquartered and regulated in the UK by the Financial Conduct Authority. Besides all the benefits provided by this broker, we noticed that the range of instruments offered might be not enough for some traders, also the availability of certain assets depends on the entity.

LimeFx indeed conducts a very convenient way for account opening, so you can set up a free practice account, which allows testing the platform and experiencing account benefits. For the globally presented offices, each of them as a branch of Forex Capital Markets Limited follows the country’s financial authority and is licensed accordingly. Limited is regulated by the ASIC, LimeFx Germany is partially regulated by BaFin, and LimeFx Italy is subject to the control of CONSOB and FSCA (Check out the FSCA Regulated Infinox Capital Review) authorization in South Africa. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

LimeFx Trading Platforms

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Leucadia National Corporation is a holding company that withholds an excellent reputation and invests in a diverse array of businesses, mainly in financial services and investments. LimeFx is also a great option for beginners, due to its wide range of educational materials and easy-to-use platforms, including its latest integration with TradingView. Free research, insights, and strategies outlook, along with greatly designed LimeFx tools with LimeFx Plus, Market Scanner, and Trading signals with technical levels all at your disposal. Besides, Free Online Live Classroom is available for all those who are interested, which all in all enlarges and creates fantastic opportunities for individuals interested in trading and gives a good way to start from the right way.

Cryptocurrency trading is available at LimeFx through CFDs, but not available through exchange trading the underlying asset. The range of products available to you will depend on which global entity under the LimeFx Group houses your trading account. In addition to a growing selection of over 300 CFDs that includes fractional shares and 41 forex pairs, LimeFx offers exchange-traded securities across 43 exchanges in Europe, North America, and the Asia-Pacific region.

Overall, due to the strong background of the broker, years of successful operation, and reputation in the financial world our financial experts find LimeFx broker a reliable and safe trading environment. Active or high-volume traders can enjoy their benefits with various available interfaces, good and competitive value spreads, or offerings with advanced technical features. Beginner traders can count on company tool support limefx official site while building their own strong trading strategy. Indeed, beginning traders face numerous challenges, yet time and even capital loss due to emotion-based trading are the main barriers to success. Based on our research, we found that LimeFx supports the functionality of Autotrading through market-leading ZuluTrade and NinjaTrader platforms delivering best practices for social trading helping beginners to hone their skills.

Broker Types

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. 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. ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research.

Mobile Platform

Seeing that the broker has suitable and favorable offers for both trader categories, all clients can benefit by signing with LimeFx. We found that LimeFx fees are quite a pleasant proposal with the lower annd average spread around 1.3 pips for https://limefx.biz/ EUR USD for some instruments compared to the competition, however, always note Spreads are variable and are subject to delay. LimeFx allows leverage trade of Forex and CFDs, this tool brings an advantage even on the smallest market moves.

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