LIMEFX Spreads, leverage, minimum deposit Revealed

LIMEFX Information

　　LIMEFX was established in 2008 and was registered in the Marshall Islands, a region noted for having minimal financial control. It is not overseen by a recognized global financial body. The broker trades a wide range of assets, including forex, equities, and commodities, using the xCritical trading platform, with both fixed and floating spreads.

Pros and Cons

Is LIMEFX Legit?

　　LIMEFX is based in the Marshall Islands, which is notorious for having lax rules in the financial sector. No financial body in the Marshall Islands has given the broker a license or is keeping an eye on it.

　　WHOIS domain registration data shows that limefx.com was registered on October 22, 2013, and is still operational. The domain was last changed on September 11, 2024, and it will end on October 22, 2025.

What Can I Trade on LIMEFX?

　　LIMEFX has a wide range of financial products, such as forex currency pairings, stocks, commodities, and indices.

Account Types

　　LimeFX provides five types of live trading accounts (Mini, Standard, Silver, Gold, and Platinum), each with increasing rewards and requirements. Beginners can practice risk-free using a demo account. There is no explicit mention of an Islamic (swap-free) account, although it is not listed. The minimum deposit for each five accounts is $500, $5001, $7501, $1001, and $25001.

LIMEFX Fees

　　LIMEFX provides both fixed and floating spreads, with typical spreads on major currency pairs starting at 2-3 pips and increasing to 20-30 USD per standard lot on less liquid instruments. Compared to industry standards, its fees are modest to slightly high, particularly the rollover commission payable on overnight positions, which ranges from 0.005% to 0.015% for most assets and 0.5% for cryptocurrencies.

Trading Platform

Deposit and Withdrawal

　　LIMEFX does not mention any deposit or withdrawal fees. The minimum deposit is $500.