LimeFx Review Is it a Scam or Legit Broker 2023

At the same time it also received authorization from the FCA in the UK. A further office was opened in South Africa, and it became authorized by the Financial Services Board (South Africa). Things started to go a little awry, in 2015, when 160 complaints were filed by a number of Chinese affiliates. An investigation was announced by CySEC, but all charges against the firm were settled. A number of lading industry directories were told by LimeFx they were leaving regulations.

Customers are able to get seamless access to a variety of trading instruments, and receive stock news and financial surveys. And all the other vital information to make the best choices. We can argue about trading conditions till the end of times, and there will be no conclusion about which broker is offering the best ones. It is a highly subjective thing depending on personal preferences etc. However, one thing that we can easily agree about LimeFx is their commitment to providing the best customer support to their clients by offering them as smooth as possible trading experience. This is evident not only from its responsive support team but also from the services it provides like account types and fast and simple withdrawal procedure.

LimeFx VPS is highly convenient for my ALGO trading experiences. It’s not free, but I have the opportunity to make it free by increasing the deposit limefx scammers amount up to $5000. It’s not that big if you have a working trading algorithm. Hi Sarah,

Thank you for bringing this to our attention.

Is IC Markets or LimeFx safer for forex and CFDs trading?

With research, IC Markets offers superior market research. Finally, we found IC Markets to provide better mobile trading apps. Comparing the trading costs of forex and CFDs is not easy.

Keep utilizing our resources for your analysis, and let’s keep that winning streak going! Hello leonel,

We’re sorry to hear about your experience. To investigate further, please contact us directly on Sitejabber and provide your personal details. Alternatively, reach out to our support team via live chat on our website or email us at We’re here to assist you. At, we track over 100 international regulatory agencies to help you choose the most well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system.

  • You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  • TradingBeasts helps individual traders learn how to trade forex, cryptocurrencies and other assets as CFDs.
  • We review all brokers to a strict and unique methodology, to ensure that we only promote high quality brands that you can trust.
  • We believe that well-informed traders make better decisions, and we’re dedicated to supporting your trading journey every step of the way.
  • LimeFx is a leading online and international
    Multi-asset broker providing tailored trading
    Products and services to retail and institutional

I had study other materials once, but the clarity here far surpasses them. Broker research materials have been neglected, generating the biggest black mark in our review. The free LimeFx Research app allows clients to look at stock market data, financial viewpoints, and videos in an easy-to-use format. However, stale and outdated information undermines the app’s enormous potential, with the most recent entries going back several years in some cases. The “Live Economic News” showed up to date reports, but “Live Currency Quotes” produced a dead link. The “Intraday Comment” section had a single 18-month old entry about the Eurozone.

LimeFx Review – Is it a Scam or Legit Broker (

Clients can choose between two types of floating and an equal number of fixed accounts that offer different spread schedules and fee structures. Several account types allow retail clients to bypass LimeFx’s dealing desk, which carries a systematic conflict of interest, and trade directly with the interbank system. Accounts are tiered into Micro, Premium, and VIP levels, depending on capital commitment, with spreads dropping on major Forex pairs between tiers. Minimum EUR/USD spread is listed at 0.7 pips while average spread is listed at 1.2 pips. These numbers may be deceiving, given the broad variety of accounts, fees, and routing choices.

Hello Avirup,

Thank you for highlighting our commitment to education and the valuable resources we provide to traders. We firmly believe that education is key to successful trading, and we’re delighted to hear that you’ve found our webinars and educational articles helpful. Empowering our users with knowledge is one of our top priorities, and we will continue to expand and improve our educational offerings to further assist our clients on their trading journeys. Should you have any more feedback or questions, please don’t hesitate to reach out. Wishing you continued success with your trading activities!

There are a lot of cool things about the broker that I have known about during the time trading here. The number one is that the broker has very affordable fees for entry level traders. It accounts for minimum deposit as well as trading fees, like spreads and commissions. These aspects are crucial for all the beginner traders.

A variety of trading platforms from LimeFx

Instead, you can use the tool below to find a high-scoring broker that accepts clients from your country. And as it turned out this broker has excellent conditions. Neither have Int’l Stock Trading (Non CFD), Cryptocurrency (Physical) and Spread Betting.

Unfortunately, that’s the only research product available at the site, other than a single “Week Ahead” video and no video archive. A YouTube search uncovered additional videos that haven’t been integrated into the site but the most recent content was more than two months old. Sign up to our newsletter in order to receive our exclusive bonus offers and regular updates via email.

What’s the point of LimeFx bonuses for traders?

They do offer a Mirror account, but that’s a hedging tool, not a social trading interface. The trading school was the feature that attracted me to begin with. It includes everything inside, so I don’t have to search for additional data elsewhere. Believe me or not, but right on this platform I learnt all trading fundamentals. Surely, I can’t judge, the broker, as I’m lacking skills, but I guess it’s better to add some more options for funds withdrawal. I haven’t done it yet, but I;m about to withdraw my very first profits.

We believe that well-informed traders make better decisions, and we’re dedicated to supporting your trading journey every step of the way. If you have any questions or need further assistance, please feel free to reach out. This broker, is a well-established name in the world of online trading, beckons both newcomers and seasoned traders with an array of trading services. In this comprehensive review, we navigate the depths of broker’s offerings, uncovering its strengths and pinpointing areas that could benefit from refinement. This guys shines bright with its extensive selection of trading instruments, spanning across forex, commodities, indices, stocks.

📵 What deposit and withdrawal methods LimeFx supports?

We established a rating scale based on our criteria, collecting over 3,000 data points that we weighed into our star scoring system. Well, the general point of bonuses is to enhance traders’ chances of success and increase their chances of trading successfully. In addition, by having the opportunity to acquire bonuses, traders can boost their expertise and try out new strategies and trading styles. One such bonus is the opportunity to participate in exclusive trading competitions with unique rewards and cash prizes. These competitions are available for both live and demo trading accounts.