An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. LimeFX provides the universally recognized MetaTrader 4 platform as their trading platform. The platform can be downloaded on thedesktop or used online through the MT4 web-trader platform. As well, MT4 mobileapplications are available for both Apple and Android smart devices. The demo platform willhave $100,000 virtual money when you open the account, where you can check yourtrading strategies under close to actual market conditions. Use this option to access your trading account and trade through your Android mobile phone and tablet.
Does this broker provide any proprietary trading tools?
Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the commission-based account. Here is a screenshot of LimeFX quotes during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads. The bulk of business derives from HF Markets (SV) Ltd, registered as an International Business Company (IBC) in St. Vincent & the Grenadines, registration number IBC 2015. It remains an unregulated but duly registered subsidiary. Since LimeFX has licenses from multiple world-class Forex regulators, limefx reviews I can confidently suggest that traders manage their portfolios at HF Markets (SV) Ltd.
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The main benefit of using this app is that logging into your trading account is easier since it can be done with your LimeFX credentials. You also will not need to select the MT4 or MT5 server you wish to use and lastly funding your account can be done directly via the app. The swap-free account at LimeFX is available to all clients, and they also provide trading conditions for those who adhere to Sharia law. In the sample below, we can see that LimeFX isn’t the best choice for spread-only trading given most other brokers perform better. LimeFX consistently delivers high-quality financial services, with clear and concise reports that enhance our decision-making capabilities.
The myHF back office handles all withdrawal requests in a straightforward and timely manner. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004. Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates. He has a Masters and Commerce degree and has an active role in the fintech community.
- Yes, it is regulated by many top-tier agencies, including CySEC and the FCA, which assure stringent financial standards and customer safety measures.
- This includes secure data-transmission communication methods and strong firewalls to prevent unwanted access.
- The broker does not have a minimum deposit requirement to open cent, zero, and premium accounts.
- LimeFX caters to most traders from its headquarters in Saint Vincent and the Grenadines, but it has offices in each country where it maintains a regulatory license.
- The clarity of LimeFX’s financial reports has been instrumental in guiding our strategic decisions.
- LimeFX also understands the importance of competitive regulation, leverage, and loyalty programs.
Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. LimeFX offers unlimited demo accounts for MT4/MT5, and traders may select their desired demo account balance from within the MT4/MT5 trading limefx broker reviews platforms. They are ideal for testing strategies and algorithmic trading solutions. LimeFX offers demo accounts across the MT4, MT5 and Webtrader platforms and for most of its trading account types. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process).
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We’re glad to hear you’re impressed with our trade execution and satisfied with the services after a year of trading with us. Your satisfaction is our priority, and we look forward to supporting you in the future. Commodities are sensitive to political and economic events,which makes them attractive to traders. You can trade Palladium contracts on Spot markets and avariety of commodities like Coffee, Cocoa, Copper, Cotton, Sugar, and SoybeanOil contracts on Futures markets on LimeFX. LimeFX caters to traders resident in most countries, except the USA, Canada, Sudan, Syria, North Korea, Iran, Iraq, Mauritius, Myanmar, Yemen, Afghanistan, and Vanuatu.
Overnight Fees
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.
Although I have been hesitant to attend past events due to inferiority complex, now I can assure everyone that the team is kind and polite, the information was educational aswell. Everyone at LimeFX is open and welcoming however my favorite is one and only Francois Du Plessis. Feeling very satisfied when the support team solved my problem on the spot. Yes, based on your detected country of FI, you can open an account with this broker.