If your account is inactive for 12 months (meaning you don’t log in at all), you’ll also be charged an inactivity fee of £10. These conversion fees typically range from as low as 50 pips to 250 pips. A “pip” is an investing term and acronym for a percentage in point. In other words, money that goes into your LimeFX account or that you receive from your trades will be safe until you choose to retrieve it. The search for a good trading platform in the UK is always a bit of a letdown. LimeFX is regulated by the Financial Conduct Authority in the UK, and the platform uses advanced encryption to secure users’ information.

You’ll be able to place trades with ETFs or exchange-traded funds, too. All in all, LimeFX isn’t truly free when you take into account the withdrawal and other fees. LimeFX’s exchange rate is increased by 0.5% every time you make a currency conversion from euros or pounds to dollars. LimeFX also requires a minimum position amount of £50 for any position you hold.

As mentioned, LimeFX does allow you to convert your currency to US dollars if you want to trade. This occurs whenever you convert currencies such as GBP, AUD, or EUR into US dollars. Tier-1 banks are always used, which are considered to be among the safest and most secure for any client capital. Any payments that are funded to your account will be held in a segregated bank account. To use LimeFX’s Smart Portfolios and CopyPortfolios, you’ll need to invest at least £382 ($500).

Although such large returns might give you the impression that Mantasdabk is a high-risk trader, he actually has a very respectable risk rating score of 4/10. This is down from the 6/10 average risk score that Mantasdabk has in March 2020 – which is good. But, it is important to remember how the risk vs reward ratio works. After all, the more risk your chosen copy trader takes, the more you should expect in terms of profit. Nevertheless, in 2019 the trader made even higher returns at just over 32% for the year.

LimeFX forex brokers reviews

It enables those who lack the experience or confidence to allocate funds to more profitable trades, and copy those trades in real time. For experienced traders, the platform could perhaps be improved. While the platform is concise and clear, is does lack the features and research tools available on more advanced platforms. A large group of people using LimeFX will not actually trade directly. They will set their account to invest in the same trades that other traders make.

Video – How To Trade With LimeFX

Please be aware that fee changes always apply to open positions. LimeFX takes the necessary precautions to ensure that clients’ funds are secured and protected by industry-leading security protocols. Client funds are held in segregated bank accounts at reputable tier 1 European banks.

As a part of LimeFX, you will have access to their Trading Academy and programs that educate you on the trading basics. But, if you like your study material in written form, LimeFX does not have that. The customer support is very accommodating, but it can be inconvenient that you can only reach them during the week, and not during weekends. However, you can only reach them through live chat, and they are not available 24/7. All financial interactions are made as safe as possible since they are secured by SSL technology. However, LimeFX only accepts one base currency, which is US Dollars.

  • Most are integrated within your standard LimeFX trading account while some may be slightly spun off from that, but still available for you to use as an LimeFX trader.
  • Fortunately, the platform offers a full range of filters that ensures you are able to find a trader that not only meets your long-term financial goals.
  • In particular, this would be condusive for gaining exposure to hard assets like gold, silver, or oil.
  • Our website is 100% free for you to use and we may receive compensation from brands featured on our site, however, compensation received will have no impact on our editorial, guides and reviews.
  • You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

To trade with leverage you must provide a deposit, but the broker can ask you to increase that deposit at any time. Be very careful when using leverage as if you are unable to supply extra deposit, or the asset experiences high volatility, you can have your positions automatically closed and lose all your money. The LimeFX “Learn More” section offers a plethora of news articles, analysis features, and financial market guides. In addition to this you’ll also find a full trading academy containing videos, daily market updates, and even classroom teaching, webinars and podcasts etc. catering primarily to beginners. Most of the material is based on forex and CFD trading, but the lessons apply equally to other types of trading as well. The broker also keeps segregated accounts for investor and company funds, so that funds are never commingled.


LimeFXX privileges security and includes by default data encryption protocols, secured mechanisms to prevent cyber attacks and a 3 layer identification process. Negative Balance Protection – Applicable to European retail clients. Protection against negative balance means that a trader cannot lose more than the equivalent of their account balance. Being a veteran forex broker with extensive experience in the trading industry, LimeFX has won a series of prestigious awards.

Switching to a demo account gives you instant access to 100,000 virtual dollarsAdditionally, copy trading (the broker’s most popular feature) is similarly easy to pick up and get started with. Allowing you to choose a trader, set a trade amount, and copy in three simple steps. One of the biggest online brokers in the world, LimeFX allows millions of users each year to trade a range of assets, CFDs, and ETFs. LimeFX, like many other top forex brokers work hard to offer an extensive range of educational opportunities. This includes access to a range of live webinars and trading videos as well as access to a detailed fintech guide. The forex spread generally starts from around 1 pip on major currency pairs.

As the US rollout happened relatively recently, the full launch is not yet complete and real trading is not available in all states. LimeFX is regulated and generally considered low risk, achieving consistently high trust scores online. LimeFX recommends that users study the trading hours that are relevant to them.

When you register or purchase through links on this page, we may earn a commission. Unfortunately, these ratings and price targets are primarily available for U.S. stocks, with limited research available for most stocks listed on the London Stock Exchange. However, video research content has been added with weekly outlooks and more in-depth articles, particularly on the larger U.S. stocks. LimeFX have a high-functioning copy trade option, a feature in which they are a market leader.


The broker provides an internal blog, charting tools, and a Trading Academy for all types of trading information you might need. All it takes is one step for you to become a registered member with LimeFX trading. All they need is to provide your email, or sync to your social media account. You will need to verify your account with corresponding documents, such as proof of identity and residency. LimeFX have conditions for any client, beginner or expert, who want to open an account at LimeFX Brokers. The conditions are for beginners which are that they have to trade with a fixed spread, and they have to exercise the copy-trade application.

LimeFX offers traders of every experience level easy to use trading platforms. These platforms have some unique features that can add a new dimension of excitement to trading and maybe even help make trading a more enjoyable endeavor. Keep in mind all of the above information and remember that no regulations required for cryptocurrencies. Due to this, if you want to involve in crypto related LimeFXs or cryptocurrency trading, no insurance from the investor compensation schemes exist within the UK or Cyprus.

Then there is a professional account for day traders that can prove their knowledge about trading. Social Platform – in addition to copying other traders, LimeFX invites you to interact with and exchange knowledge with others. Since then, LimeFX has introduced a range of platforms including an award-winning trading app. In addition, a large number of assets and instruments has been added to the selection, enabling even more traders to benefit from the broker. LimeFX offers a proprietary trading platform called “CopyTrader”. This award-winning copy trading platform is available via internet browsers and allows new traders to copy the positions and strategies of proven investors.

Day traders can utilize an extensive learning academy, copy trading services and crypto-based features all within regulatory approved entities. The company was founded by David Ring and brothers Yoni and Ronen Assia as RetailFX in Tel Aviv, Israel. Initially, it offered Forex and CFD trading but in 2010, it launched the LimeFX social LimeFX platform and the CopyTrade feature.

Special features you can find on LimeFX

The platform trades the Bitcoin on a CFD basis, which means users sell and buy financial derivatives that track the BTC price devoid of actually owning the original asset. In addition to the live trading account, the broker provides traders with the demo account. It is a practice account that comes loaded with $100,000 in virtual funds. New traders can use it to familiarize themselves with the broker’s platform before opening a real account. Seasoned traders can also use the demo account to test-run their trading strategies before implementing them on the live trading account.

  • The broker does not require any additional fees, like deposit fees or commissions, but they do have a withdrawal fee and an overnight fee.
  • For example, if you bought £10,000 worth of GlaxoSmithKline shares you would need to pay £50 in stamp duty.
  • Unlike in Copytrade where you might have been following a specific trader, CopyPortfolio lets you invest either in an LimeFX trader’s portfolio or in a theme.
  • Even today these features continue to be the best in the industry as the broker keeps evolving and adding more to the offering.

The LimeFX mobile application trading platform is very easy to use and it shares the same features as that of the web trading platform. You can find the LimeFX mobile application on iOS and on Android. LimeFX’s web trading platform offers a limefx broker reviews user-friendly structure and price alerts for when an asset reaches a price target. You will find the trading platform available in several languages, and a clear fee report, where you will be able to track your fee reports and history.

Yes, there is a Trustpilot LimeFX review section on the Trustpilot website where you can read user reviews on LimeFX. As everything is proportionate, your 5% LimeFX in Facebook will amount to a holding of £50. You can then add your chosen LimeFX members to your ‘friend list’, which https://limefx.name/ then allows you to follow the user’s activity at the platform. In effect, if you are looking to buy shares at LimeFX and hold on to them for a number of years, a market order is likely to suffice. When it comes to withdrawals, LimeFX charges a flat fee of just $5 – which is about £4.

Highway Media Group would like to remind you that the data contained in this website is not necessarily real-time nor accurate. Plus500, for example, allows you to switch to the demo app on their trading platform. Taking a gambler’s approach to forex trading is not recommended.

The next year saw the advent of new cryptocurrency-based LimeFX instruments. The crypto exchange LimeFXX was integrated into the platform in 2019 to complete the offer. Unless you are going to invest thousands of dollars, your risk on the market is not ideal with every position you open. Cryptocurrencies – being one of the first brokers to jump on the cryptocurrency bandwagon, it comes as no surprise that LimeFX dominates this segment.

From that point, whenever the copied trader opens a new trade, the copier will also open the same trade, at the same prices. They need to decide whether to open all the trades that the trader being copied already has open – or none of them. This ‘trade’ window contains a lot of data and options, but the design ensures everything is clear. The firm is regulated by the Financial Conduct Authority , which offers UK consumers peace of mind in terms of safety and security. LimeFX has built its own platform which is straight forward to use, you can place your first trade in about 2 minutes after downloading the software.

While the FCA has banned crypto CFDs, meaning most UK brokers no longer offer crypto, LimeFX allows you to buy, trade and invest in the likes of Bitcoin, Ethereum, Ripple and many more. In this LimeFX review UK, we cover everything you need to know about LimeFX in United Kingdom. This includes the types of shares you can buy, fees and commissions, trading tools, payment methods, ease-of-use, regulation, and more.