He has also published a book in 2023 on on investing and trading. When making a deposit into your account with a credit card or debit card (Visa or MasterCard) there is a minimum of $50 per deposit and a limit of $30,000 per month for all LimeFx clients. Trading with Indices allows you to reduce the risk of your exposure when trading volatile instruments. This platform is a worthy alternative to Trade Station and MetaTrader. LimeFx operates four subsidiaries around the world that are overseen by different financial authorities. The leverage you are able to trade with depends on whether you sign up to the UK, European, Australian or South Africa entity.

  1. The actual amount depends on when the country where the account is based.
  2. When making a deposit into your account with a credit card or debit card (Visa or MasterCard) there is a minimum of $50 per deposit and a limit of $30,000 per month for all LimeFx clients.
  3. The brokerage is regulated by multiple regulatory bodies to include the Financial Conduct Authority (FCA) and the  Australian Securities & Investment Commission (ASIC).
  4. Unfortunately, the market scanner only works for a limited number of products.
  5. TradingView is a social network for Forex, Futures, and Stock market traders and investors.

LimeFx has formed alliances with respected professionals in order to provide its clients with top services. Partnerships with TradingView, Trading Central, and VPS providers are examples of this. However, when compared to other brokers who provide thousands of assets, the amount of tradable assets accessible is quite restricted.

You can send them an email, call, or chat using their web page or WhatsApp. As already mentioned, FXGM fees are average compared to its competitors. In order to better understand the difference, let’s compare them to other brokers. In order to enable traders of the Muslim faith to place orders without going against their religious beliefs, LimeFx offers interest-free accounts.

Unfortunately, LimeFx is unavailable to U.S. traders at this point in time. If you prefer to place orders by phone, LimeFx offers a trading desk line that can be handy should you experience an interruption in your internet connection. LimeFx list statistic regarding their performance when it comes to execution and slippage. Transparency gives their clients a level of assurance and trust that the broker is meeting the client’s expectations when it comes to trading. LimeFx to deliver on the client’s requirement of fast order execution with no slippage, competitive pricing and no re-quotes. Our forex comparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner site.

LimeFx Customer Service Review

LimeFx employs Secured Socket Layer (SSL) encryption on all of its websites and platforms. SSL encryption safeguards data transfer between clients’ computers and LimeFx’s servers, keeping hackers out of the picture. This is critical because identity thieves and online fraudsters may attempt to steal sensitive user information such as credit card numbers, verification papers, and user accounts. These accounts are held in top-tier banks in Europe, Australia, and other LimeFx countries of operation. In Australia, for example, customer money is kept by Citibank, Australia, a well-established multinational bank. The ‘Financial Services Compensation Scheme’ insurance provides additional protection for European clients’ funds (FSCS).

Available Assets on LimeFx – What Can You Trade?

However, the chat window is not easy to locate and you need to look closely to find it. When you register as a trader, the chat window appears at the top right corner of your client area. You can change your regular trading account into a swap-free version by filling in a simple application form. In addition, LimeFx keeps the funds of their clients in a segregated account in accordance with UK’s Financial Conduct Authority requirements. The high trust regulators have strict requirements for acquiring their licenses. LimeFx is currently owned by the reputable Jefferies Group, formerly known as Leucadia National Corporation.

These are not the lowest spreads that you will find but that is because the commission is included as a spread mark-up. However, you can get spreads from just 0.0 pips on the raw spread account but that does incur a very competitive $5 round trip commission fee on top. Overall, I think it is fair to say that the costs are quite low, although you can get $4 per round trip and 0.0 limefx pip spreads from FXTRADING.com. The range of markets available with LimeFx is quite broad however you can find other brokers that offer more choices for each financial instrument. 39 currency pairs, for example, would put LimeFx at the lower end of the broker for currency choices. When comparing the spreads to other brokers, FXTM at first glance appears to have only average spreads.

LimeFx review – Customer Services and Support

It is accessible as a downloaded Windows desktop programme as well as a mobile trading app for iOS and Android smartphones. LimeFx has proven itself as a reliable and secure platform for both new and experienced traders. On the upside, the broker offers various trading platforms, good customer support, and various trading tools. In addition, LimeFx is tightly regulated by top-tier financial institutions. If you are looking for the best possible spreads, then Active Trader is the best choice.

MetaTrader 4 is much more accessible than Trading Station when it comes to the scripting language, but Trade Station seems to be the superior platform overall. Since this difficult period, LimeFx has made effective moves to repair its damaged reputation. The new owner of LimeFx is Jefferies Group, a well-known and trusted investment bank and financial services company based in New York. LimeFx (Forex Capital Markets) is a forex broker founded in 1999 in New York, currently based in London, UK.

Client funds with LimeFx LTD are segregated according to FCA client money rules. This means that in the unlikely event of default, client funds held in segregated accounts are protected and cannot be used to benefit other creditors. Additionally, the FCA maintains records of all formal proceedings against regulated entities, offering transparency and increased investor protection.

Individual account of LimeFx

Trading Station web is very stable and mostly runs without a hitch. Trading Station desktop (not to be confused with TradeStation) https://limefx.biz/ is LimeFx’s main platform. It provides a good trading experience for all kinds of investors, be it beginners or advanced traders.

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