LimeFx Review 2024: Pros & Cons

We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry.

  1. Overall, LimeFx’s research is a touch above the industry average and will satisfy most forex traders, though it’s not as rich or diverse as what’s offered by the best brokers in this category.
  2. Each year, we collect thousands of data points and publish tens of thousands of words of research.
  3. Generative AI tools are not a part of our content creation or product testing processes.
  4. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
  5. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs.

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. LimeFx is also a great option for beginners, due to its wide range of educational materials and easy-to-use platforms, including its latest integration with TradingView. LimeFx’s pricing for forex trading is slightly higher than the industry average. LimeFx’s in-house education is above average, and primarily takes the form of articles, videos, and content produced for its LimeFx YouTube channel. Yes, based on your detected country of FI, you can open an account with this broker. This website is using a security service to protect itself from online attacks.

Forex Risk Disclaimer

Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level https://limefx.vip/ and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider.

Since 1999, LimeFx, has been a pioneer in developing online forex offerings for retail traders. With its headquarters in London, Stratos Markets Limited (“LimeFx”) has grown to have multiple international offices and is licensed in several major regulatory hubs globally. Thanks to its combined offering of both Trading Station and MetaTrader 4 (MT4), LimeFx delivers a reliable, feature-rich mobile experience for forex traders. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.

Is LimeFx safe?

We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. The range of products available to you will depend on which global entity under the LimeFx Group houses your trading account. In addition to a growing selection of over 300 CFDs that includes fractional shares and 41 forex pairs, LimeFx offers exchange-traded securities across 43 exchanges in Europe, North America, and the Asia-Pacific region. The following table summarizes the different investment products available to LimeFx clients. 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. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process).

Motivation can instead be inspired by creating interactive courses that feature quizzes and incorporate progress tracking. It’s worth mentioning that your trading account balance must meet a threshold to access certain educational content. LimeFx is an excellent choice for algorithmic forex traders thanks to its wide array of related platform options that provide advanced charting tools and support automated trading strategies. LimeFx provides a respectable variety of market research from a combination of in-house content and third-party materials. Overall, LimeFx’s research is a touch above the industry average and will satisfy most forex traders, though it’s not as rich or diverse as what’s offered by the best brokers in this category. With its wide range of available platforms and deep offering of trading tools, LimeFx has set the bar high and competes among the best brokers in the industry.

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Each year, we collect thousands of data points and publish tens of thousands of words of research. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages limefx on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.

Other trading platforms

Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). Finally, some of LimeFx’s educational content is only available if your balance exceeds certain minimum thresholds. While minimum balance requirements could incentivize some traders to utilize the educational resources, I think it’s better to make the content free for all clients.

There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Read our full explanation and accounting of our research and testing process to learn more about how we test.

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