LimeFx (ForexTime) review
LimeFx (ForexTime) review

These are more volatile market that may allow for more entry opportunities. The LimeFx services are available in 18 languages among which Arabic, Chinese, English, German, Italian, French, Spanish, Russian, Hindi, Indonesian, Malay, Thai and Urdu. LimeFx offers MetaTrader 4, MetaTrader 5 and the LimeFx Trader App. Clients in the UK and Europe benefit from limefx segregated funds, negative balance protection, and a compensation fund. Clients with the offshore entity do not have all these benefits. LimeFx has a substantial operating history of more than a decade, a global presence, and a staff numbering over 800, making it a relatively large and established player in the world of forex and CFD brokerage.

Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only. The registration and account opening process at LimeFx is simple and completely digital, as per our LimeFx review. The online registration limefx review takes about 25 to 30 minutes to complete, and even a demo account is easy to open. Follow the simple steps mentioned here to open an account with the LimeFx platform. Unfortunately, LimeFx is not available to traders in the USA so these clients will need to find a different broker.

Is this broker good for beginners?

In order to achieve your trading goals, you need to choose the right account. We evaluate each broker’s account types, how easy it is to open an account with them, and the steps involved, so you can decide if it is worth your time to open an account. Deposits and withdrawals at LimeFx can be made via bank wire transfer, credit/debit card, and digital wallet. Deposits are free, but fees are charged for withdrawals via bank transfer and credit card. LimeFx offers customer support via live chat, phone, and email during office hours ( Monday to Friday, 6 am to 4 pm GMT / GMT+1 DST).

Processing times also vary based on method and rank from instant to ten business days. Equity CFD trading is commission-free as Forextime joined the group of brokers catering to millennial and GenZ traders favoring no commissions. I want to stress once again that commission-free does not necessarily equal cheaper trading costs. Spreads are generally higher, often twice as high, than commission-based offers, and LimeFx is no exception. Exinity Group has announced that it has obtained a license from Kenya’s Capital Markets Authority to operate as a regulated non-dealing forex broker.

Web Trading Platform

Spreads and commissions are outlined on the Account Comparison page. The Client Agreement can be found on the Account Opening Agreements page. The background and history of the company are broadly outlined on the About Us page. Overall, we rate LimeFx as having a high level of transparency, better than average for the industry. When you don’t get your funds in up to 5 days, make sure you communicate with the Back Office Department through an email. Market News and Analysis – You can avail of technical & fundamental analysis from top providers including economic calendar, weekly & daily reports, SMS alerts, trader calculators, and streaming news feeds.

LimeFx MENA appoints Jameel Ahmad as Chief LimeFx Strategist – FinanceFeeds

LimeFx MENA appoints Jameel Ahmad as Chief LimeFx Strategist.

Posted: Mon, 17 Oct 2022 07:00:00 GMT [source]

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Educational Resources Offered by LimeFx

The LimeFx mobile trading platform and the desktop trading platform support MetaTrader MT4/MT5 and a new LimeFx Trader app. LimeFx forex brokers provide the most attractive trading environment for both beginners and experienced traders. That being said, there is great potential for many traders to use large trades without paying additional trading costs. Being an excellent CFD broker, LimeFx CFD broker offers both market execution and instant execution based on the LimeFx trading accounts. Minimum deposits and LimeFx spread are quite low, and copy trading and real stock trading features are also offered on the desktop trading platform, which strategy managers can also manage.

LimeFx (ForexTime) review

The email address of LimeFx is There is no local email address for Malaysian traders. You can also choose to open an LimeFx demo account at this point by clicking on ‘Try demo’. For example, if you enable the swap-free option and then open EURUSD trade, it will have no swap fees for the first 7 days.

What is LimeFx?

When I withdrawn $1070 plus, they delayed for more than 24 hours but it has past 24 hours and they have yet to process. Other websites of this company include, Opening an account at LimeFx is fast, and the first step requires only a few seconds. Traders must submit their name, country, a valid mobile phone number, e-mail address, and desired password.

What country is LimeFx from?

LimeFx is a registered brand name of Exinity Limited, regulated by the Financial Services Commission of Mauritius with license number C113012295. Exinity Capital East Africa Limited is regulated by the Capital Markets Authority of Kenya under license number 135.

Traders tend to underestimate customer support, but it might be a crucial feature in moments of crisis. In our rating, we check the contact methods available, how accessible a live agent is and how helpful the responses are. This information will allow you to know if a broker can provide full support when you need it.

All reviews, research, news and assessments of any kind on The Tokenist are compiled using a strict editorial review process by our editorial team. Neither our writers nor our editors receive direct compensation of any kind to publish information on Our company, Tokenist Media LLC, is community supported and may receive a small commission when you purchase products or services through links on our website. Click here for a full list of our partners and an in-depth explanation on how we get paid. LimeFx offers a well-regulated platform and an excellent overall quality of services.

In order to actually receive the credit, you must finish your registration and make a minimum account deposit in the first six months. It requires a minimum initial account deposit of £25,000 or equivalent. Stock trading only available to non-EU traders and only at the professional level . Here is everything you need to know as a trader about LimeFx withdrawals. LimeFx Cent account spreads start at 1.5 pips and due to the availability of nano lots , you will be able to open positions for less than $1. In addition, the company regularly conducts webinars, which can be a good guide for traders who want to improve their professional level.

They feature Cent Lots and have a minimum deposit of just 5 EUR/USD/GBP. Besides offering tight spreads for competitive commissions, LimeFx also keeps swap rates on leveraged overnight positions low. Hong Kong equities face additional fees, which also remain very low. It is the beginning of the second quarter of the year, which means it’s time for the quarterly reports with the unprofitability percentage from the forex brokers. Most of the brokers have already updated their risk warnings stating the loss percentage, although some of them are yet to add their values on the websites.

LimeFx is a legit company, operating with four regulatory licenses and acquiring a fifth. The main entity ForexTime Ltd is regulated by CySEC of Cyprus, authorized by FSCA of South Africa, and by additional offshore authority FSC in Mauritius. Also, the LimeFx UK brand is licensed by the Financial Conduct Authority known as sharp regulator, which has principals built by European MiFID and ICF allowing cross-broker activity. LimeFx Overall Ranking is 9.3 out of 10 based on our testingand compared to over 500 brokers, see Our Ranking below compared to other industry Leading Brokers. We tested it and collected the options and costs in How to withdraw money on LimeFx.

LimeFx (ForexTime) review

LimeFx offers three account types – Micro, Advantage and Advantage Plus Account, where you can start trading with just 10 USD, 500 USD and once again 500 USD respectively. Of course you can also fund your trading accounts with the same amounts in Euro or British Pounds. LimeFx offers demo accounts for MetaTrader 4, MetaTrader 5, and the LimeFx Trader App. Demo accounts are especially important for beginners as they allow them to practice their strategies and get comfortable with the trading platform without risking real money. We test the broker’s platforms and examine commissions, spreads, and overnight fees to ensure that you can determine if trading with this broker is worth your time and money. ForexTime gives new traders the option of opening a live account or try demo trading with balance of $1,000,000 in virtual funds.

It will also show you specific figures for the day and month. There is no last-look pricing and this account takes advantage of deep liquidity right from ForexTime’s tier-1 providers. To view the full contract specifications for all trading instruments, go to the Trading Instruments portion of the ForexTime website. Those who prefer to diversify their LimeFxs can also trade CFDs, spot metals, share CFDs, and CFDs on Commodity Futures. Please come back often as broker services are very dynamic and can improve or deteriorate rapidly. We are kindly asking, please send your MyLimeFx account number to our email address We will check this information and promptly reply.

What happened to LimeFx?

The reason why LimeFx decided to suspend its retail business is to focus exclusively on professional and institutional traders.

The four-member research team at Forextime provides market commentary and analysis in written format, short YouTube videos, and podcasts. They offer a brief overview and an informative take on market events. LimeFx also maintains its LimeFx Trading Signals service for traders seeking actionable research.

  • These take place nearly every single day and are in a range of languages with a variety of topics.
  • There are several educational tools, including demo accounts and webinars.
  • Free eBooks – LimeFx has free eBooks for beginners as well as advanced traders.
  • LimeFx offers commission-free real stocks for non-EU clients.The real stock selection lags behind that of XTB, while similar to XM’s.
  • LimeFx offers different account types for all kinds of traders, including beginners, long-term investors, and FX experts.

To receive support via chat, clients must use Telegram or Facebook messenger. This requires already having or setting up an account with either one. We found that Telegram worked well, and it was convenient to have all the prior chat questions and answers remaining in the chat window, which is not always the case with chat software used by brokers. The MetaTrader 4 desktop platform is one of the most feature-rich and popular trading platforms in the world. It does not have the most beautiful interface, and it does require some time and effort to learn, but that is typical of advanced platforms. LimeFx is regulated in multiple jurisdictions across the globe.

Is LimeFx trustworthy?

BrokerChooser only features brokers that have top-tier financial regulators. As such, LimeFx is a legit and trusted broker.

From there their is the Cent account, which you can utilize with the same currencient as the Standard account with the first real difference being the minimum deposit amount of $1,000. Spreads start from 1.5 and you have access to only major and minor Forex pairs and 2 sport metals. The importance of a demo account is you can test run the platform before depositing money and see if it is the right fit for you. This also gives you the ability to become more acclimated to the usage of the tools before putting your hard earned capital to work. Opening an account should be easy and with LimeFx there are several different options you can choose from. First off, the benefit to using LimeFx are you have the ability to open a live account or a demo account.