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In terms of content, it is quite high quality and can be recommended to traders. During our LimeFX Review we have covered all the major topic points as usual and found ForexTime broker coming up strongly in almost every category. If you are avid trader of Stocks or Cryptocurrencies CFDs then you will find LimeFX not to be the broker for you but otherwise it is rather hard to find fault in the overall proposition. Exinity Ltd, which is the Mauritius based branch of LimeFX are the brand most commonly offering bonuses and this is where LimeFX Malaysis users have a good opportunity to take advantage of these bonuses. LimeFX offer a good array of bonuses and offers from time to time and usually seem to highlight specific Countries .
- The first difference is in order execution as MT5 has 4 different types but MT4 only allows for 3.
- There is a good range of instruments to trade including the usual Forex and shares option.
- If you trade with higher volumes, you will also be able to open the LimeFX Pro Account, however, a minimum deposit of $25,000 is required.
- The opinions expressed in this Site do not constitute LimeFX advice and independent financial advice should be sought where appropriate.
Moving in to the ECN account range, where you will find improved spreads and the smallest minimum deposit size is the ECN Zero which starts at 200 (£/$/€). LimeFX South Africa based traders, including the wider African continent, will be engaging with Forextime Limited which holds FSCA regulation in South Africa but origins in Cyprus. This is the branch of LimeFX that contains the South African local regulation , alongside their CySEC licence, and an additional UK FCA registration . With LimeFX South Africa minimum deposit being just $5, and regulation having held strong for more than 6 years, this is a broker with a strong commitment to the County and its’ users.
If you are in doubt about which of the platforms to use, LimeFX allow you to demo test both platforms to see exactly which features you can live with and without. Considering the above, it is clear to see that LimeFX have gone to great levels to acquire local licenses in each of its’ core targeted jurisdictions and this is a great sign on our trust meter. We did not face any issues during our testing process, and the customer support was also responsive and accurate with our queries. LimeFX offers good trading conditions, allowing bothhedging and scalping. MarketsInstrumentsForex62Indices11Commodities8Cryptocurrency4Stocks173Cryptocurrency trading services are only available with Exinity Limited via Exinity ECN Spreads.
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From there, MT5 has 38 technical indicators with MT4 containing 30. Graphical objects are limited to 31 on the MT4 platform and 44 on the MT5 platform. Economic calendars are included with the MT5 platform and there is an email system for both. The final account is the Shares account, which requires $100 to open and only allows for CFD trading with over 180 options to choose from. Spreads start from 0.1 and with all the account you have instant execution.
All while you are out and about with your smartphone with an easy-to-use platform. Once you’ve learned how to trade via the MT4&5 trading platforms, you’ll be able to manage your positions and implement your trading plan smoothly and efficiently. You can also see your balances immediately on the MT4&5 platforms and can even make trading account deposits and withdrawals via the platform. LimeFX’s support of clients using the popular MetaTrader 4 and 5 (MT4&5) platforms gives many traders a familiar and sophisticated trading interface that they can begin using immediately .
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Kindly note that your profit will depend on the Strategy Manager you invest in. Every Manager has his own % of profitability, and his past performance does not always guarantee future results. Your Strategy Manager needs to match your desired risk level and return. They have asked me to put more money in before I receive my profits which is called theft/Fraud.
LimeFX receives feedback that is more than 90 percent positive. Those with ForexTime accounts can use MetaTrader 4 and MetaTrader 5. This compatibility with the top forex trading platform eliminates the learning curve for those who switch to LimeFX from another broker.
LimeFX Risk Statement
We kindly ask you to send us the Trading account number and Order Number to We’ll look into your case and provide you with a detailed response in the shortest time possible. If anything is wrong we will look to compensate you for the losses. The LimeFX Cent account is a commission-free account where 1.0 lot equals 0.01 standard lots or 1,000 currency units. The minimum transaction volume is 0.01 cent lots or ten currency units, and the minimum deposit is $10 or a currency equivalent. The minimum deposit for all traders is $10 for the Micro account and $500 for Advantage/Advantage Plus.
Furthermore, we have tested LimeFX’s withdrawal and deposit process. Throughout LimeFX review process we have not found any major issue with ForexTime. I have been using this broker for about five years and I can say so far they have been fantastic.
These fees should be considered also, as LimeFX will charge you 5$ per month in case you didn’t show any trading activity for a period of six months or more, this is known as LimeFX Inactivity fee. Verify your account by upload of your identity confirmation. These may include a residential proof, copy of your ID, bank statement etc. LimeFX accepts clients from almost every world country, however there are might be some restrictions due to regulations alike implemented for residents of Japan, USA, etc. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution.
Where is Forextime based?
The only exception may be if the deposit currency does not match that of your account, in which case you may have to pay a conversion fee. LimeFX Cent account spreads start at 1.5 pips and due to the availability of nano lots , you will be able https://limefx.name/ to open positions for less than $1. The MetaTrader 4 and 5 mobile applications are available at the Apple and Android app stores. They give traders increased flexibility by allowing trading virtually anywhere and anytime on mobile devices.
- We’re truly sorry that you have encountered this situation.
- In addition, you should always consider other fees like non-trading fees, withdrawal fees which we will see in detail further.
- As in a relatively short time the firm showed great and rapid growth within Europe and beyond through its focus on Africa and Asia regions.
- The various deposit methods include FasaPay, Baokim, Local Exchange House and many others.
- Here is everything you need to know as a trader about LimeFX withdrawals.
Within their platform, there are different trading accounts, LimeFXs and education that allows you to grow as a trader and investor. From a quick glance ForexTime offers their client a robust platform that could potentially fit many of your needs. One of the most favorable aspects of LimeFX is that the minimum deposits required by the broker are very low. limefx In fact, these start at $10 for standard accounts depending on the type, rising to $200 for ECN accounts, again depending on the type of account. If you trade with higher volumes, you will also be able to open the LimeFX Pro Account, however, a minimum deposit of $25,000 is required. The LimeFX Pro account is the third type of ECN account offered by the broker.
Then there is a further split to your preference of the trading transactions, instrument and the trading size, which all in all offers you 3 Account types – Micro, Advantage and Advantage Plus. From the fast client approval to the general trading process, comprehensive learnings, and available features, LimeFX proves its high ranking among the traders’ community with more than 90% of positive feedback. The broker establishes its core on reliable trading conditions and detailed education and brings trading across the world with its accessible trading around the globe, regardless of the trader’s knowledge.
LimeFX Safety and Security
I like the trading environment at Forextime, as the trading costs in the commission-based trading account remain among the best industry-wide. LimeFX is an ideal broker for high-frequency traders and scalpers. It has also established itself as a market leader for traders from emerging and frontier markets. I also like the upgraded MT4/MT5 trading platforms and overall transparency at LimeFX, which I confidently rank among the very best Forex brokers. DailyLimeFX adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.
To assist with the decision, ForexTime displays the live rankings for top performers, with all the data verified by PwC. As mentioned, ForexTime supports mobile trading for convenience. This includes the MetaTrader 4 and MetaTrader 5 applications for both iOS and Android devices. It also means that there is a wealth of resources and tutorials available, both from ForexTime and other sources.
The broker also allows internal fund transfers from one account type to another. Stock spreads are, however, arecloser to the average industry benchmark but still a bit on the higher side. The spreads, however, are lower on ECN and Pro accounts.
For a full list of accepted deposit methods take a look at LimeFX’s deposit and withdraw page. Other methods include Visa or Mastercard, cryptocurrencies and Skrill/Moneybookers. Loyalty Program– LimeFX offers a five-level loyalty program loaded with benefits such as cashback offers, bonus offers, and others. To achieve scammed by limefx levels, you just have to purchase trades as usual. While most of them are time-bound offers, a few are regular features of the online broker. As mentioned, there are two platforms you can use and those are MT4 and MT5, which are known around the globe as being the two “go-to” platforms for Forex traders.