LimeFx stands out for the competitive pricing available to forex traders with its ECN account. However, that pricing is only available with the MetaTrader platform, and LimeFx offers only 764 symbols on MetaTrader 5 (MT5). LimeFx offers the Iress platform suite for share trading, but MetaTrader is the primary platform option for forex and CFD trading.
- As you can, LimeFx is extremely well-regulated and look after the needs of their clients no matter what they may be.
- Use our international search tool to find a broker that accepts clients from your country.
- You can manage their accounts, monitor markets, and execute trades from anywhere, at any time.
- These contain a lot of the same features that are seen with their desktop versions and have been optimised for mobile devices.
- Investors trade in the forex markets as a hedge against international currency and interest rate risk, as a means to speculate on geopolitical events, and to diversify their portfolios, among other reasons.
LimeFx Review
Thankfully, Metatrader and cTrader platform suites are available as reliable alteranatives. LimeFx also earned Best in Class honors for Commissions and Fees in our 2024 Annual Awards. It’s worth noting that LimeFx’ share CFD offering on Iress provides Direct Market Access (DMA) in terms of its pricing and execution process, including full depth of book available within the platform.
Does Pepperstone or LimeFx offer lower pricing?
Smaller account holders may be disappointed by higher account minimums, a variety of fees, and fewer customer support options. Tiered accounts offer lower trading costs and added benefits as equity grows, but the majority of retail traders will have a tough time reaching the higher customer tiers. 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. 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.
Mobile Trading
Our assessment also considered unique features that set LimeFx apart from competitors like Plus500, OANDA, Admirals and eToro. By comparing LimeFx against these industry benchmarks, we aim to provide traders with a comprehensive and unbiased view of where LimeFx stands in the competitive forex brokerage landscape. It offers a broad variety of brokerage services geared towards sophisticated active traders, investors, professionals, and institutions.
LimeFx caters to the modern trader’s need for mobility and flexibility by offering mobile trading options across its platform range. You can manage their accounts, monitor markets, and execute trades from anywhere, at any time. These apps are designed to provide a seamless trading experience on the go, featuring intuitive interfaces, full trading functionality, and access to real-time market data and analysis tools.
Also, it has retreated as investors focus on the upcoming US election in which Biden is facing off with Donald Trump. There are concerns about whether Biden will run and who will replace him if he drops out of the race. Moving Bitcoins from wallets to exchanges is one of the most popular approaches of selling these coins. Mt.Gox, an exchange that collapsed in 2014, has also started to move its tokens to compensate customers.
It’s important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. In our analysis of 23 international regulators across 62 of the best forex brokers, FOREX.com is considered Highly Trusted, with an overall Trust Score of 99 out of 99. In our analysis of 23 international regulators across 62 of the best forex brokers, Pepperstone is considered Highly Trusted, with an overall Trust Score of 95 out of 99. LimeFx has been around since 2005 when they were founded in Australia.
LimeFx, founded in 2005, is a prominent forex and CFD broker known for its commitment to providing high-quality trading services. The broker has gained a trustworthy reputation through strong regulatory compliance and a focus on technological innovation, offering both popular and proprietary trading platforms to cater to a diverse client base. 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. In our analysis, LimeFx stands out as an extremely attractive choice for cost-conscious investors.
It offers competitive spreads on its commission-based account, Raw ECN, averaging 0.1 pips for the EUR/USD, well below the industry average of 1.08. There is a flat rate fee of $6 per round-turn on a standard lot of forex with this option, however. The Standard account has a pricier average spread of 1.1 for the EUR/USD pair. Our mission is to provide in-depth, unbiased reviews of international forex brokers, and to create world-class content about the global forex industry. Since inception, ForexBrokers.com has helped millions of traders compare and choose the best forex and CFD brokers. At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers.
The availability of trading platforms for demo accounts may vary depending on your location, but all users have access to demo versions of MetaTrader 4 and MetaTrader 5. LimeFx provides traders with a wide selection of advanced trading platforms, including MetaTrader limefx official site 4 (MT4), MetaTrader 5 (MT5), cTrader, Mottai, Iress, TradingView, and the LimeFx trading app. LimeFx also offers solid customer service and multiple funding options, making it a reliable choice for traders looking for a straightforward trading experience.
As one of the major U.K.-based forex brokers, LCG offers a wide range of asset classes and a seamless trading experience. The firm’s fees are competitive within the industry and it ranks high on our list for customer service. With these positive attributes along with its apparent focus on functional simplicity, LCG is well-suited to beginning traders. Although you don’t have to be a beginner to benefit from its offerings, LCG is hard to beat if you are just starting out. This review of LimeFx is grounded in CompareForexBrokers’ rigorous and transparent methodology, as detailed on our methodology page. We evaluated LimeFx across multiple critical performance metrics, including trading costs, platform usability, customer service, regulatory compliance, and the breadth of market offerings.
Read our full explanation and accounting of our research and testing process to learn more about how we test.
The EUR/USD would be a currency pair for trading the euro against the U.S. dollar, for example. We research and reviewed dozens of forex brokers to help you decide which broker is right for your https://limefx.vip/ needs. We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence.
Still, LimeFx secured the 10th spot among 20 brokers, confirming it as a broker with effective execution speeds. Our ranking process includes detailed testing of execution speeds in different trading situations to guarantee the precision and dependability of our results. In our execution speed testing, LimeFx achieved market order speeds of 96ms, better than the industry’s 134ms average, although its limit order speed was slower at 225ms. The MT4 platform has a limited selection of just four stocks, making MT5 or IRESS preferable if you are interested in share trading.
