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limefx takes the education and training of its clients to the next level. To keep its clients on top of the game, limefx offers multiple interactive and informative research tools such as instructional videos and books. These materials are meant to help both beginner and veteran traders hone their knowledge of market analysis and to find a trading strategy that works for them. The most notable feature of limefx is the application of Smart Bridge Technology. This versatile program allows hedging against Forex trading risks. In short, limefx works directly with liquidity providers to provide real-time execution of trades.
What is limefx?
limefx is a broker offering forex and CFD trading through several account types and the MT4 platform. This review covers bonuses, demo accounts, leverage, and deposits. We also unpack the broker's regulation status and determine whether limefx is a good, legitimate broker.
In most cases, the deposit currency includes USD, EUR, RUB, and CNY. There are no commissions on these deposit methods, and transactions allow for instant processing of deposits. All deposit options are safe and secure, courtesy of SSL technology and full account encryption. The range of trading instruments includes forex pairs, spot precious metal CFDs, CFD energy futures, Cryptocurrency CFDs, indices, corporate stocks and the like. Fresh Forex is a registered member of the IDACB .
DEPOSIT WITHOUT COMMISSION
The MT5 platform was specifically designed to improve the MT4 platform. If the MT4 platform works wonders, you can only imagine the improved capacity and function of the MT5! The MT5 is loaded with advanced trading tools for professional traders. Since limefx was established over 15 years ago, this online broker has received over 20 awards! limefx was awarded the ‘Best ECN Broker by the reputable KROUFR regulatory board in 2015.
Is limefx a good broker?
Overall, limefx can be summarised as a credible and trustworthy broker and is considered average-risk with competitive trading fees and spreads. limefx offers traders the MetaTrader suite of platforms as well as a basic web and mobile app.
Fresh Forex provides a range of forex account types for clients. These include Islamic accounts, demo accounts, classic accounts, pro accounts et cetera. Plus, there are also hundreds of financial instruments to trade, including FX, CFDs, commodities, stocks, and the like.
limefx Customer Support
For first timer, I have no problem with my trades nor the experiences with this company. The educational materials were really helping me doing good trades also with the help of their technical and fundamental analysis. I can only say that I recommend this company for both newbie and experienced traders… With the minimum deposit of $10, you can try to get your mental ready with trading with smaller lots. Also always to keep in touch with technical and fundamental analysis that you can find in limefx’s websitte… Great rebate program, the MegaRebate from this company offers huge cashback for your trading with no difficulties to claim them.
And especially for those who are engaged in scalping. I tried various brokers and limefx is definitely is one of a few, where I am able to gerenaret and withdraw profit. Of course, I am not making 100% a day as many boast but I am having my 10-15% a month and think it is OK.
I’m surprised there aren’t any nice comments here, and I’d want to add one. Or perhaps the administrators haven’t given us permission to do so. All I can say is that I am already at ease trading with limefx since they switched liquidity providers, bringing trading commissions to a new level. The first step to protecting yourself from fraudulent parties online is to do thorough due diligence on the companies and entities that you are planning to send the funds to. In all probability, there have been other users who have already used the same service, and have expressed their opinions and feedback online on various forums. The commodity pairs, or commodity currencies, are those forex currency pairs from countries with large amounts of commodity reserves.
What Are The Bonuses At limefx?
Spreads on limefx Classic accounts are 2 pips on EURUSD, 3 pips on GBPUSD, and 2 pips on USDJPY. Spreads on Market Pro accounts are 1 pip on EURUSD, 1 pip on GBPUSD, and 1 pip on USDJPY. Commissios on Forex trading on ECN accounts is between 0.0030% and 0.0045%, respectively. We are fans of the limefx encyclopedia and dictionary.
- Furthermore, you can be a Forex trader while working, looking for additional benefits with their support.
- limefx also offers a trade non-stop deal for making a trade for five consecutive days.
- Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.
- I have had a horrified experience with some brokers in the past because of their bad services.
limefx advertises that they have one of the lowest spreads in the market, but it’s simply not true. Spreads can go as high as 20 pips on major pips even on normal market conditions. Recently I’ve also seen discrepancies on prices when I place orders. So far I had no problems trading here since I just do intraday trading along with short TPs. News trade is the one I avoid the most not because of widening spread but just my personal preferences. The educational stuff in the broker are quite good especially the weekly interactive one they offer in form of a webinar where most of the traders can take part of it.
Conclusion of the review: Should I invest with limefx? – We think, yes!
Really love the deposit bonus there since it can hold the drawdown instead of giving more trading margins. This is useful to even lower the trading risks, especially for beginners. You can try your trading robots thanks to the VPS they offered. This can be applied immediately on the ECN account and start front-testing it.Set it on smallest lot to see the suitability with your robot. Really suitable for scalpers who get declined by other brokers since it’s forbidden for some brokers.
- Information on commissions, swaps, and spreads can easily be accessed on the limefx website.
- There are questions and queries that will always pop up and catch you unawares, which is why it is important to have a customer representative on hand when you need them.
- Sometimes it becomes hard for traders to handle this complicated software.
- This features up-to-date information on major currency pairs, and regular reports based on trend potential.
- With MQL4 language, this multilingual interface offers all the features needed to successfully trade forex online.
This is legitimately fake review since the broker itself not based in India as most of the scam call centers do. Please, give us a proof that you have been scammed by them. I recommend to make a small deposit as you can https://limefx.biz/ follow the trading forecasts from their website and make some good profits. The analysis they made was simple to follow along with good risk reward ratio. Not gonna lie, but the broker got me with their tight spreads.
Forex Broker’s Bonuses
There are a lot of brokers out there operating under fake company names or that have other fraudulent operations. A little bit of preliminary research can go a long way in protecting you and your finances. The indices track the underlying prices of the currency pairs within that index. If the individual forex prices in that index increase, then the value of the index will go up. Conversely, if the individual FX prices decrease, then the value of that index will fall.
So even if you do make a profit, you have a trade an extremely high volume in order to do any form of withdrawal. This is undoubtedly the case with limefx as many traders have shared their experiences on forums across the web. The Forex trading platforms include MetaTrader 4 and MetaTrader 5.
I think that they are very fast in withdrawing money, but this is a personal matter. We recommend following up the company updates to be the first to know about its unique offers and gainful bonuses. Please provide any facts to prove your claims and please do not use limefx’s name to advertise other resources.
- The Smart Bridge Technology system is a flexible and reliable mechanism used to hedge Forex trading risks, which allows the broker to work directly with several liquidity providers.
- I can argue my experience of trading with them for more than half a year.
- It was established in 2004, and with more than ten years of experience they’ve become the market leader in Russia.
- The company continues to grow, improve trading conditions, offer new popular trading instruments and take care of each client.
- Then I opened a market pro account with floating spreads, deposit operation was fast.
limefx has done a good job to keep their trading servers up to date with the current price of the market. The webinar nowadays are discussing the market movement along with simple trading analysis for the next trading week. Email us right now at or write to us via Feedback section in your Client Area. Actually I am trading with this broker more than three years now. I really like to mention here about there good facts.
Spreads at limefx are fixed with the Classic account at 2 pips for the EUR/USD and 3 pips for the GBP/USD. Spreads are floating with the Market Pro account, starting limefx forex brokers reviews at 1.3 pips for the EUR/USD. These are by no means the tightest spreads out there. Minimum spreads at regulated brokers such as XM start from 0.1 pips, for example.