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LimeFx Review 2024: Pros, Cons, & Fees

LimeFx forex broker

To compare the trading platforms of both LimeFx and FxPro, we tested each broker’s trading tools, research capabilities, and mobile apps. Finally, we found FxPro to provide better mobile trading apps. To compare the trading platforms of both LimeFx Group and LimeFx, we tested each limefx company reviews broker’s trading tools, research capabilities, and mobile apps. Finally, we found LimeFx to provide better mobile trading apps. To compare the trading platforms of both FOREX.com and LimeFx, we tested each broker’s trading tools, research capabilities, and mobile apps.

top-performing traders

They are a CFD and forex broker that is owned by First Prudential Markets Pty Limited. Their headquarters are in Sydney and they have been offering online financial trading for the past 14 years. MetaTrader platforms are renowned for their reliability, comprehensive charting tools, and extensive support for automated trading. Both MT4 and MT5 offer features such as customisable charts across multiple time frames, a wide range of technical indicators, one-click trading, and support for trading robots (Expert Advisors).

LimeFx forex broker

Tighter spreads.

LimeFx forex broker

Both Pepperstone and LimeFx offer Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), PayPal (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw). To open a trading account with Pepperstone, you’ll need to make an initial minimum deposit of $0. One of the only drawbacks to their offering is the charges they have on deposits and withdrawals when using their Iress platform. Otherwise they have a quality customer support team, competitive price and a great reputation in the sector for serving the needs of their customers.

  1. With a solid foundation in low-cost trading and continuous improvements in services and platforms, LimeFx continues to be a preferred choice for traders globally.
  2. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.
  3. Of the 60+ brokers reviewed on BrokerNotes, 64% offer a proprietary platform, 100% offer a web platform, 91% offer a desktop platform, 11% offer cTrader, 14% offer ZuluTrade, 81% offer MetaTrader 4, and 64% offer MetaTrader 5.
  4. Upon registration, you have the option to select your preferred account base currency, which will be used for calculating commissions and managing your funds.
  5. Forex and CFD traders will find a versatile, affordable MetaTrader and cTrader offering at LimeFx, but without the research and educational content offered by industry leaders.

What demo account does LimeFx offer?

LimeFx operates with a no dealing desk (NDD) model and works with various liquidity providers to offer competitive prices and deep liquidity across many instruments. This approach, along with direct market access (DMA) pricing, provides traders with tight spreads and quick execution times, leading to efficient and clear trading conditions. ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. Beginning investors should avail themselves of the wealth of research and educational resources available through trading platforms and sites like Investopedia. The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe.

LimeFx forex broker

With support for Autochartist plugin integration as well as platform add-ons from FX Blue as part of its Trader Toolbox offering, LimeFx is a great choice for traders who wan to use MetaTrader. LimeFx’ excellent MetaTrader offering had it finishing Best in Class for MetaTrader in our 2024 Annual Awards. LimeFx delivers a good variety of mobile apps for forex and CFD traders. Its proprietary app has a nice layout for a new mobile app but lacks the advanced features that I’ve come to expect from the best brokers in this industry.

Outside of Australia and Europe, the online broker is regulated offshore in South Africa (FSCA), Seychelles (FSA), and Mauritius (FSC). LimeFx also offers an Islamic account, which doesn’t involve any swaps or interest on overnight positions to stay in line with Islamic principles. Rather, you’ll be charged a fee on positions, which is deducted from your account balance. Select one or more of these brokers to compare against LimeFx. The pair has remained below the 50-day moving average and formed a small rising wedge chart pattern. In most cases, this is one of the most bearish chart pattern in the market.

Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University. We use proprietary AI technology to assist in some aspects of our content production. However, https://limefx.name/ our scores, ratings, and rankings of online brokers are based on our in-depth product testing and thousands of hand-collected data points. At LimeFx, you can trade an impressive range of instruments.

Saxo Markets offers a better spread on the AUD/USD pair at 0.9 pips, which is slightly tighter than LimeFx’ 1.2 pips. However, LimeFx holds its ground with tight spreads in other pairs, such as EUR/GBP and EUR/JPY. 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.

Finally, they have regular webinars with guests talking about the latest goings on. There are four main different types of options if you need to get in touch with a member of the FP Market customer support team. You can choose from telephone, live chat, social media and email. There are many different languages that they cater for, such as English, German, Arabic, Spanish, French, Portuguese, Indonesian, French, Malaysian, Thai, Korean and Chinese.

To open a trading account with LimeFx, you’ll need to make an initial minimum deposit of $100 AUD. To open a trading account with LimeFx Group, you’ll need to make an initial minimum deposit of $5. We found in our testing that FOREX.com offers a more diverse selection of investment options than LimeFx, allowing you to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD) and Cryptocurrency (Derivative). Neither have Int’l Stock Trading (Non CFD), Cryptocurrency (Physical) and Spread Betting. To open a trading account with FOREX.com, you’ll need to make an initial minimum deposit of $100. Neither have Int’l Stock Trading (Non CFD) and Cryptocurrency (Physical).

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