LimeFX Review

LimeFX Review

General Information

Broker Name: LimeFX

Broker Type: Forex

Country: Russia

Operating since year: N/A

Regulation: N/A

Address: N/A

Broker status: Active


Customer Service

Phone: +7 (499) 754-55-03

Email: [email protected]

Languages: English

Availability: 24/5


The Trading platforms: MetaTrader 4, MetaTrader 5 XCritical Trading Platform

Trading platform Time zone: /

Demo account: No

Mobile trading: Yes

Web-based trading: Yes

Bonuses: No

Other trading instruments: Yes


Minimum deposit: $500

Maximal leverage: 1:500

Spread: Floating

Scalping allowed: Yes


 Broker Review: LimeFX

 Broker Review: LimeFX


General Information & First Impressions

LimeFX is an experienced brokerage that’s been around for a while, providing various trading and investing services. The broker’s default language is Russian, so its primary target group are Russian-speaking traders. Strangely, LimeFX isn’t located in Russia, instead placing its offices at Rest Soft Ltd, Ajetake Road, Ajetake Island,

Majuro, Marshall Islands. So far, the broker hasn’t managed to attract much attention, and as such online info on it is quite lacking. Our LimeFX review will tell you all you need to know as a potential customer of the brokerage.

As we said, the default version of the website is in Russian, but there’s an English version. We used both to help us write this text to get an authentic experience. However, we do need to note that the English translation is extremely sloppy, with tons of errors. Those range from grammatical mistakes to apparent typos, and while they don’t change the core experience, they show a lack of care. 

The English translation reads as if nobody even bothered to proofread it once. But it also has some different info than the original. The Russian version states the broker has around 200 assets for starters, while the English one says 180. That means the English translation probably happened some time ago, and nobody bothered to update it.

All that shows sloppiness, and that’s true for the rest of the website as well. Information is disorganized and placed into strange places, making it challenging to navigate. That’s if the info is present at all, since a ton of crucial things are missing from the website. As such, our LimeFX review is off to a rocky start.


Fund and Account Security

Fund and Account Security

LimeFX doesn’t seem to have put much effort into making its customers feel safe. Since it doesn’t have any technical regulations, all of its safety comes down to its trust rating. However, we can’t give it a great grade there, as they’re an obscure brokerage at a questionable location. On top of that, there are the website issues we mentioned earlier in our LimeFX review that lower it even further. But those aren’t the only concerns we’d like to talk about here.

Namely, one huge issue is that it’s very doubtful that the broker has been operating since 2008. The service quality simply doesn’t match, and there’s no online presence that dates back nearly that far. Furthermore, there’s no proof of the broker existing that isn’t extremely recent. That means the broker is faking experience to attract new customers towards its service. That further puts a question mark on other statements the broker makes, as it’s proof of deceptive behavior. 

It also puts an even bigger question mark on the facts that the broker decided to leave out. Now we can confidently claim that it wasn’t incompetence but intentional obscuring. That means we need to ask is LimeFX a scam? While the answer isn’t entirely clear, there’s definitely a pattern of concerning behavior coming from the broker.


The Trading Accounts

Safety isn’t the only concern with LimeFX, as its actual service is set up in a pretty confusing way. Namely, the brokerage’s poor treatment of customers starts with user accounts. There’s no important account information on the accounts page, meaning users will need to guess what they get. All you get is some info on the options the broker calls VIP, meaning Silver, Gold, and Platinum.

However, for the two cheaper accounts (Mini and Standard), there’s no info besides the minimum deposit and lot sizes. Considering lot sizes are virtually the same everywhere, we can’t call that a relevant piece of information. So all you get to know before you sign up is whether you get expert support with elite accounts. 

The Trading Accounts

For the two separate accounts, ECN and Islamic, we don’t even get that much. The Islamic account doesn’t actually have a deposit requirement, so we don’t even get that much. As we said earlier in our LimeFX review, the lack of info is a massive problem and it shows.


LimeFX’s Trading Platform 

LimeFX’s Trading Platform 

One thing that LimeFX does well is that the broker provides its customers with a variety of platforms. The broker has options for MetaTrader 4 and MetaTrader 5, which are the leading online trading platforms. That’s already enough, as these are the better two options here. The broker also has its own XCritical platform, which we don’t really trust enough to recommend.

The platform choices don’t do much to negate the rest of the poor service, but they show minimal effort at least. Elsewhere, the broker looks like it didn’t try at all.


Funding and Pricing

As far as funding and pricing go, the broker largely leaves us in the dark. If you’ve been trading for a while, you should know that pricing is among the most important trading conditions. A solid platform, asset variety, and execution are all important, but at the end of the day, traders care about profits. And if a broker takes a large enough cut, maintaining consistent profits becomes an impossibility.

And since the broker isn’t a trusted company, we should definitely assume the worst. Some user reports already speak of hidden fees and charges and even account shutdowns. So overall, it’s impossible to guess how much money the broker will take. And the very fact it doesn’t disclose that speaks volumes about its poor customer treatment.


Trading Products at LimeFX

LimeFX has around 200 assets, which is a poor selection at best. Although it does cover most of the prominent asset classes, that isn’t enough versatility for capable traders. The poor choice means that the broker excludes not only obscure assets, but also some mainstream ones. That makes it more difficult to diversify your portfolio and makes it nearly impossible to experiment. Here are the trading instrument classes at

  • Stocks
  • Currencies
  • Indices
  • Crypto
  • ETFs
  • Investment portfolios 


Customer Service at LimeFX

LimeFX has 24/7 support, but from customer experience, they aren’t very helpful. There’s no live chat option, and you can choose between email, skype, and phone line if you want to contact the broker.

Customer Service at LimeFX



LimeFX is an underwhelming brokerage in nearly every regard of its service. It hides most of its features because it’s not confident enough to show them, and even the fraction we see isn’t good. It tops that all off with a poor security rating, because of a shady location and excessive secretiveness. The broker targets a very limited audience because of an assumption of them having limited broker choices. That’s a predatory tactic that’s in line with the broker’s poor behavior towards customers.

If you’ve read our LimeFX review, our final verdict should be pretty clear. We wouldn’t give any of our money to the broker, and we don’t think you should either.