When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. MT5’s mobile app suffers from the same underlying problem inherent to other mobile apps. Analyzing price action behavior on low-resolution devices is extremely difficult. That is why I recommend using the mobile app only to monitor the development of your open positions and make changes if needed. The mobile app version of MT5 affords quick and easy access to the market on the go.

1. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight.
2. In addition, this research can be filtered by asset class, which is a huge bonus for traders in being able to get to see what they want to see.
3. A client from Kenya even reviewed its rating from 1 to 5 stars on FPA after getting his dispute resolved with the broker.
4. It has robust features such as 60+ technical analysis tools, customizable charts, and support for automated trading via Expert Advisors (EAs).
5. While LimeFX’s raw spreads account offers favorable prices, its other two account types have above-average trading costs.

Disappointingly, there’s no support for cTrader or TradingView, the latter of which we’re increasingly seeing being integrated by brokers, including IG and LimeFX. It allows you to practice trading with €/$/£10,000 in virtual funds and various leverage ratios. LimeFX also provides negative balance protection and segregates client funds for EU and non-EU customers, helping to safeguard your funds from excessive losses and misuse.

Trading Fees

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 on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). LimeFX provides MetaTrader 4 and MetaTrader 5, along with free VPS hosting for low-latency trading. Its extensive educational and research materials offer traders with different experience levels a comprehensive overview of current market developments. LimeFX is a Cyprus-based derivatives broker with offices in Australia, UAE, and Belize.

Where is LimeFX based?

This triple regulatory authority from top-tier watchdogs transparently protects clients financially and legally and ensure fair margin trading practices. LimeFX’s adherence to these regulations fosters trust among its users. LimeFX operates under the umbrella of Trading Point Group, a globally recognized financial services provider. It’s important to note that LimeFX, while demonstrating a global commitment to compliance, does not currently offer services to residents of the United States. Trading Point Group, LimeFX’s parent company, launched a separate platform, Trading.com, specifically for limefx website the US market to adhere to US regulations.

Account Opening

This score suggests that there may be some issues with client satisfaction, offering a varied perspective on the broker’s service quality and customer experience. LimeFX’s mobile trading apps, available for both MetaTrader 4 and MetaTrader 5, offer full functionality, mirroring the capabilities of the desktop and WebTrader platforms. Our analysis of over 40 leading brokers’ average monthly spreads revealed that while LimeFX’s no commission spreads are competitive, there are other brokers offering tighter spreads. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.

My findings indicate that the LimeFX Zero Accounts type’s pricing mechanism meets the industry average. Furthermore, it has a low minimum deposit requirement of only $5, making it quite affordable. LimeFX provides a news screener and daily market breakdowns that help follow financial events.

LimeFX’s customerservice is available in multiple languages, so it can effectively help tradersaround the world and actively make it easier for them to connect and get assistancein the preferred language. As a client moves up theirloyalty levels, they earn more LimeFX Points, which they can use to improve theirtrading experience. LimeFX gives new and currentclients different trading bonuses that give them additional capital andconfidence. For example, there is a $30 No payment limefx scam Bonus for new clients whowant to start trading without making a down payment.

Is LimeFX good for beginners?

If you’re more experienced and want more features, then MT4 might be a better option. As we have highlighted above, the offering of products to trade with LimeFX is somewhat mixed. Yes, the induvial stock offering is extremely robust with 1236 stock available to trade from many different global exchanges. The number of Forex pairs available is in line with the industry standard, as is the number of stock indices. However, the lack of any cryptocurrencies to trade is a disappointment and as if often the case with many brokers, there are no bond markets or ETFS on offer.