LimeFx Review: Key Features, Pros and Cons

You will need to spend a little bit of time getting to know where everything is. Also, there is a good chance to get confused about the account, as one and the same account could have different names in different places. For example, on the website, the account’s name is US Exchanges, and inside your personal account – Global Markets.

  • On the Forex and CFD Standard accounts, the broker uses a small spread on top of the market spread as a commission.
  • With an MT5 Global account (this is the main type of account, which we will review in detail below), LimeFx customers can trade shares at 15 exchanges of different countries.
  • It enables the customer to get a certain bonus and use it for multiple benefits.
  • Besides, LimeFx is a member of the Securities Investor Protection Corporation (SIPC) and the Investor Compensation Fund (ICF).
  • At Asia Forex Mentor (AFM) Evaluation, we try to analyze various brokerage platforms that are operating in the financial markets.

There are many differences between Avatrade and LimeFx as a brokerage firm. All in all, each and every requirement of a trader, investor, or financial institution is available through the LimeFx online brokerage service. Hence active traders who are looking for brokers with profitable trading opportunities can surely select LimeFx as a reliable trading partner. LimeFx is an online brokerage service, operated by lime financial trading Ltd, that is providing its services worldwide since 2007. Our commitment to excellence is reinforced by rigorous regulation from esteemed authorities, including the NFA, CySEC, FINRA, and the Bank of Russia…. LimeFx provides access to an excellent choice of futures in the US, EU and Russia’s markets.

Full range of services from an international broker

The platform is also offered for partnership programs by LimeFx. This is the most widely used professional trading platform in the
industry, with more than 50 execution routes and venues including DMA, Dark
liquidity providers, Market Makers, Floor brokers, and Smart routes. They offer very low and competitive spreads and
commissions, as well as a broad array of some of the most powerful trading
platforms for active traders.

  • This can be an excellent way to improve your knowledge of the markets and your trading strategy.
  • Robo-advisor service from LimeFx strongly resembles the one offered by Swissquote Bank, which we are using for comparison in this review.
  • The broker’s customers can download a plugin for MT4 to use this information right on the chart of the platform.
  • First is that Roboforex has a high commission rate of $ 20 whereas LimeFx works on a very low commission of $ 3, this makes the latter more cost-effective than the former broker.

This is due to the fact that at the time this review was being prepared Pfizer announced production of a Coronavirus vaccine, which is why its securities grew over 6% a day. If you want to test demo accounts of different types, you can create a demo of one account, receive access to your personal account and then create a demo of another account type from there. However, analysis, research and signals are three different things in the world of financial markets.

This service is for clients who prefer to make investment decisions with professional assistance. Using market research of the brokers experienced analyst team, clients can get the opportunity to create their own investment strategies. There is a range of asset management solutions for those who wish to invest their funds in global financial markets, with full control over their investment portfolio.

In addition to the aforementioned markets, J2T provides access to transactions with cryptocurrencies, options and bonds.

In comparison with its Russian competitors, LimeFx offers slightly better trading conditions, especially in terms of minimum deposit. In this section, the broker provides a news area that is updated and an economic calendar with all the important events of the day and that every trader should know. It also has an area, available under subscription (customers only), with a Forex Daily, Forex Weekly, World Markets Weekly, and Trading Ideas (Market Research).

Mobile and Convenient Trading

It is also extremely popular and one of the most frequently offered
platforms by online brokers. MetaTrader 5 is offered with the MT5 Global account and can be used as
a desktop, mobile, or web app. Our expert researchers and analysts study each brokerage firm and its services rigorously and then come to a conclusion through an in-depth review. In addition to this, the review of our experts are not just based on their own analysis and research but the client’s feedback and reviews are also taken into consideration before forming any opinion. Hence, active traders and investors can rely on the information provided here with full confidence.


The daily deposit limit is set at $100,000 and withdrawals capped at $25,000. These amounts can take up to 7 business days to reflect in your LimeFx account and can only be withdrawn via ACH 10 days after the date of deposit or 60 days via check or bank transfer. LimeFx is the first Forex broker to obtain a license from the Bank of Russia at the end of 2015. It is one of the few local currency brokers, along with VTB24 Forex and Gerchik & Co, and Alpari, although the latter is a much larger company. LimeFx applies a minimum trade size for all its accounts of 0.01 lots (micro lot). Using free market research of LimeFx’s experienced analyst team, clients get the opportunity to create their own investment strategies.

About LimeFx and Accepted Countries

LimeFx requests four different platforms, which include MetaTrader4 and MetaTrader5, CQG, and ROX. Two out of these named MetaTrader 4 and 5 are well-known because they are most used by the traders. LimeFx has one of the lowest commission rates in the trading industry. Partnership program is another way to receive additional bonus from working with LimeFx. If your friend opens an account with the broker upon your referral, the broker will give you a $6 bonus.

Your Gateway to Global Markets

However, LimeFx lacks traditional filters and tools since it caters more to traders who do higher-volume trading. Apart from the few drawbacks that it has, it would be good to say that the new traders or beginners would find it beneficial to use the software and make the most out of the trading limefx official site options available. Based on the user experience, the following rating and reviews are provided. The desktop trading platform makes use of images, pins, and phrases for better security of the user and its information. This also facilitates re-earning the money in case the broker turns bankrupt.

As mentioned above, LimeFx doesn’t follow
the same tiered account approach you’d find at most other online brokers. With that said,
there are three forex trading account types, as well as a demo account type
available. Our LimeFx broker review indicates that traders on the platform can trade up to 90,000 futures and futures options instruments.

It provides market access instantly and allows operating and investing in assets, and control account status and withdrawal. It is available inside the personal account of a LimeFx customer and visually shows the map of ‘hot stocks’. The bigger the circle with the ticker, the more attention the stocks enjoy in the market. For example, from the screenshot above, it is evident that PFE is extremely active.

To help understand LimeFx commissions on each available market better and unify information, we will calculate the size of the commission on each market, using real examples. For example, we will calculate how much a trader will have to pay for a USD 5,000 lot. Also, in the course of the review, we will compare LimeFx commissions with competing European brokers – Swissquote and Degiro. The company has offices in eight countries, servicing the accounts of 155,000 customers in total (as of the time this review was being prepared).

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