MT4/MT5 and cTrader are available as desktop clients, a webtrader, and a mobile app. The out-of-the-box MT4/MT5 versions remain substandard, but LimeFx offers twelve plug-ins with its Trading Tools package, plus the Autochartist plug-in and Trading Central services. It delivers a competitive edge to traders at limefx scam LimeFx from a trading platform perspective. 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.
Desktop Trading Apps
LimeFx offers its clients the advantage of no deposit or withdrawal fees, coupled with a broad selection of payment methods including credit cards, debit cards, bank transfers, and e-wallets. LimeFx’ RAW account offers ultra competitive raw pricing, especially for AUD/USD and EUR/GBP, with spreads at 0.20 and 0.30 pips respectively. LimeFx offers competitive no commission spreads, as low as 1.1 pips for the frequently traded EUR/USD forex pair. Based in Sydney, LimeFx is a reputable online broker regulated by ASIC in Australia and CySEC in Europe, as well as offering services internationally under offshore regulation.
A forex broker experience you can trust
With its multilingual support team available 24/7, LimeFx underscores its dedication to providing exceptional customer service, ensuring a seamless and supportive trading environment for all its clients. The minimum deposit requirement for both Standard and Raw accounts with LimeFx is 50 USD/EUR/GBP in Europe and 100 AUD or its equivalent for Australia and international clients. Whether using iOS or Android devices, LimeFx ensures that traders have the critical tools they need right at their fingertips, making mobile trading both efficient and accessible. LimeFx offers diverse stock trading options, including outright stock trading via the IRESS platform and share CFDs on MetaTrader 4 (MT4) or MetaTrader 5 (MT5).
- The broker’s customer support is responsive, while its deposit and withdrawal methods are flexible and secure.
- That said, the broker’s Iress ViewPoint account option is less affordable, and is geared towards active traders with high-balance accounts.
- In our analysis of 23 international regulators across 62 of the best forex brokers, Interactive Brokers is considered Highly Trusted, with an overall Trust Score of 99 out of 99.
- The EUR/USD would be a currency pair for trading the euro against the U.S. dollar, for example.
- It offers a broad variety of brokerage services geared towards sophisticated active traders, investors, professionals, and institutions.
- LimeFx impresses with its user-friendly trading platforms, extensive range of tradable instruments, and competitive fee structure.
top-performing traders
There’s a wealth of education and research resources available through a number of forex trading platforms, so take the time to avail yourself of this information. Investors should seek out a broker that offers reasonable fees, a user-friendly interface, exceptional customer service, and a breadth of offerings. CMC Market is our top pick, but your needs may be better-suited by another forex broker on our list.
Overall, LimeFx is a strong choice for traders of varying levels of experience. However, as with any financial decision, it’s essential to conduct thorough research and consider personal trading needs before opening an account with any broker. Overall, LimeFx’ customer support, with its responsiveness, accessibility, and supplementary resources, ensures a positive and well-rounded support experience for traders. The broker offers competitive trading fees, enhancing cost-effectiveness for various asset classes. The main reason to use IRESS is to access LimeFx full range of stocks and to use DMA trading. If you are looking to trade stocks outside Australia with LimeFx then you are best to use the MT5 trading platform or consider TMGM who have IRESS outside Australia.
Most of LimeFx’ research is found under the Traders Hub section on its website, where it is separated into technical and fundamental analysis. When compared to the best brokers for research, including IG, Saxo, CMC Markets, LimeFx has room to improve, and could enhance its research offering by expanding it to include a wider array of daily content. 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. We research and reviewed dozens of forex brokers to help you decide which broker is right for your needs. To open a trading account with Interactive Brokers, you’ll need to make an initial minimum deposit of $0. 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.
Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). Yes, based on your detected country of NL, you can open an account with this broker. Over the years we’ve conducted thousands of hours of research, crafted tens of thousands of words, spoken at the biggest global Forex expos, and developed proprietary algorithms and powerful tools. LimeFx deploys a hybrid market maker/ECN model with NDD order execution. It maintains an elevated level of transparency and has established itself as a reliable broker.
Forex broker that has successfully adapted to the ever-changing online brokerage landscape. The company is listed on the London Stock Exchange (LSE) under the ticker symbol CMCX. It’s important to use caution when entering the forex market and make sure you have a solid understanding of the currencies, derivatives, commodities, cryptocurrencies, spreads, and other offerings in which you wish to trade. Read our in-depth reviews of forex and CFD brokers, and compare the best online brokers side-by-side. Learn about trading, forex, and CFDs from some of the most trusted voices in the industry.
Our editorial team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry. Our research is unbiased and independent; learn more about how we test. In our analysis of 23 international regulators across 62 of the best forex brokers, Interactive Brokers is considered Highly Trusted, with an overall Trust Score of 99 out of 99. LimeFx is considered Trusted, with an overall Trust Score of 87 out of 99. In our analysis of 23 international regulators across 62 of the best forex brokers, LimeFx is considered Trusted, with an overall Trust Score of 87 out of 99.
LimeFx also maintains the MAM/PAMM module, enabling retail account management. A built-in copy trading function is equally available across MT4/MT5 and cTrader, which all support algorithmic trading. MT4 is the market leader for automated trading solutions, while many consider MT5 the failed https://limefx.group/ successor amid a lack of backward compatibility. The $4.00 per trade difference adds up over time and trading volume, allowing traders to save hundreds and even thousands in fees per month. The $6.00 commission for Forex traders per 1.0 standard lots remains among the best industry wide.
With a diverse array of instruments and account types, the Australia-based company caters to all, making it a valuable ally in the world of online trading. LimeFx research tools are designed to provide traders with the insights and analysis necessary to make informed trading decision. To cater to its global clientele, LimeFx’ live chat service is multilingual and supports over 12 languages, effectively removing language barriers and enhancing the overall customer support experience. However, it’s important to remember that while LimeFx does not charge for withdrawals, clients may face fees from intermediary banks for international transactions. LimeFx provides the flexibility of choosing from seven base currencies for funding your account, including USD, AUD, NZD, CAD, GBP, EUR, and CHF. Upon registration, you have the option to select your preferred account base currency, which will be used for calculating commissions and managing your funds.
Cryptocurrency enthusiasts can delve into popular digital assets like Bitcoin, Ethereum, Ripple, and more. The broker also facilitates diversified portfolios through Exchange-traded funds (ETFs) and offers the opportunity to speculate on global stock market indices like the S&P 500, FTSE 100, and a variety of others. Additionally, traders can invest in a wide range of global stocks, explore fixed-income securities with bonds, and employ sophisticated strategies with options trading.