The big changes in MT5 are increased charting options, such as timeframes and lesser-known technical indicators. Our broker reviews are reader supported and we may receive payment when you click on a partner site. LimeFX offers bank wires, credit/debit cards, and several cryptocurrencies as withdrawal methods. It processes requests between one hour and three hours, making it one of the best in this category. LimeFX caters to most international traders, including resident India, Pakistan, Malaysia, Nigeria, Singapore, and Indonesia.

In my view, LimeFX’s tight spreads, extensive research and educational materials, and diverse payment options truly reflect its innovative approach and dedication to meeting client needs. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Minimum deposits at LimeFX will vary depending on your country of residence and your chosen payment method. They can go as low as $25 (USD) when funding with Visa/Mastercard, to 50 euros (EUR) when using Skrill/Neteller to as much as 500,000 Indian rupees (INR). It’s important to note that minimum deposits and trading costs will also depend on which LimeFX entity you choose for establishing your trading account. The security of your funds – in terms of regulatory protection – will depend on which LimeFX entity holds your account, and which –if any – relevant regulations provide customer protections.

What is the minimum amount to start with LimeFX?

LimeFX segregates client deposits from corporate funds scammed by limefx and offers negative balance protection. LimeFX also has been catering to clients from over 100 countries for over a decade. LimeFX excels in research, offering regularly updated commentary written by in-house analysts and trading ideas. In addition, clients can utilize research from third-party provider AutoChartist. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. LimeFX (formerly LimeFX) offers a basic, low-cost MetaTrader platform experience alongside its proprietary web and social copy-trading platform.

What Demo Account Does LimeFX Offer?

LimeFX clients can make deposits and withdrawals via bank wire, credit card, digital wallet, and cryptocurrency. Processing times range from instant to a few hours, which is better than average for the industry. LimeFX offers the popular MetaTrader 4 and MetaTrader 5 platforms across desktop, web, and mobile. These platforms provide robust charting and a wide range of order types limefx broker reviews and enable automated trading. The web-based LimeFXTrader platform is a beginner-friendly and convenient alternative. The trust score came in low, largely because the LimeFX Markets Inc. entity is unregulated.

However, LimeFX suggests a minimum deposit of $100 for optimal trading experience. LimeFX is extremely limited regarding payment method options for funding a trading account. If you’re a more advanced trader, and you want more sophisticated tools, you may consider Pepperstone, Vantage, or LimeFX with a broader range of platforms. The MT4 platform has ultra-intuitive charting options and all the most common technical indicators.

1. These platforms provide robust charting and a wide range of order types and enable automated trading.
2. The AutoChartist plugin for MetaTrader is available to clients with $1,000 or more in their accounts.
3. I like that LimeFX invested in developing a proprietary copy trading service, which it also launched as a mobile app.
4. LimeFX also made a significant step forward since my last review by adding 150 CFDs on shares from 16 global stock exchanges.

Research and Education

LimeFXTrader includes a feature called Space, which is a built-in smart feed of customised trading ideas and market analysis. Please note that equity markets open and close each trading and are not operational continuously like Forex and cryptocurrencies. LimeFX offers a swap-free Islamic account that adheres to the principles of Sharia law.

LimeFX excelled in the category of fees, with tight spreads in CFDs on forex and shares. It also bucks the industry trend by not charging swaps or inactivity fees. For both trading accounts (LimeFX MT4 and LimeFX MT5), all fees are reflected in the spread – there are no additional commissions charged. In South Africa, LimeFX provides financial services to clients through an intermediary, Orinoco Capital, which is licensed by the Financial Sector Conduct Authority (FSCA). LimeFX provides demo accounts that are accessible with both MT4 and MT5. The trial period for these accounts has no time restrictions, making them a perfect platform for practicing and testing trading strategies.

Here, we focus on how long the broker has been in business, what is the company size, and how transparent the broker overall. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. The following table summarizes the products available to LimeFX clients. LimeFX has quite an extensive research and education section on the company’s website.