All client funds are kept fully segregated from the broker’s own corporate accounts at AA-rated Australian financial institutions. LimeFx sources its pricing from a deep pool of 25 top-tier liquidity providers and those prices are then passed onto its clients without any dealing desk intervention. This diverse liquidity mix allows for ultra-tight spreads across the CFD broker’s product list. LimeFx is a no dealing desk model brokerage, which utilizes the advantages of an Electronic Communications Network in order to execute its clients’ trades. Such a model of operation boosts not only client trust, but also allows for exceptionally fast execution speeds. There are also several other account types offered by the broker.

Under the latter, the losses incurred when trading CFDs on retail investor accounts cannot exceed clients’ initial deposit with the broker. In case of an unexpected occurrence that results in a negative balance, LimeFx will not request the respective amount from its clients and will bring their account balance back to zero. For trading platforms, LimeFx offers a better experience as it offers an additional option as compared to LimeFx.

  • As of March 2021, the broker had $1.04 trillion in global trading volume.
  • Forex is a decentralised market, thus regulation plays a key role in ensuring fair trading operations.
  • We are obsessed with creating the best finance content on the internet, and we are dedicated to helping our readers make great choices for their money.
  • LimeFx offers the popular MetaTrader 4 and MetaTrader 5 platforms to its clients.
  • Past performance is not a guarantee of or prediction of future performance.
  • On the negative side, its live chat is not the best quality and slow.

We were left with a rather positive impression after contacting the support team at both LimeFx and LimeFx, especially via their live chat options. At both brokerages, we were treated in a respectful manner and all of our inquiries received immediate, plain and relevant answers. ECN Zero Account – The specific moment here is that there will be no trading commission charged, but clients will have to pay a higher minimum spread (starting from 1.5 pips on major currency pairs). Spreads offered across LimeFx’ product list remain quite competitive, being as low as 1.0 pip on pairs such as EUR/USD or USD/JPY.

Customer Support Levels

LimeFx requires a minimum deposit of $200 for all live account types and it will not charge any deposit fees. However, you should bear in mind that there may be charges on transfers to and from international banks, for which LimeFx will not have any responsibility. This trading platform offers user-friendly interface, high-speed performance and deep interbank liquidity in 64 Forex pairs and 16 major Stock Indices. You can take advantage of flexible layout customization limefx website options, including detachable charts, expanded symbol display, no restrictions on limit orders, while being able to trade micro lots. Nearly every trader on the planet owns a smartphone, but that doesn’t mean that every mobile trading app offers the same forex trading capabilities. A wide range of mobile trading apps are available across the globe – some of which are developed in-house by online brokers, while some are developed by third-party developers.

The answer is LimeFx are regulated by various governing bodies to provide financial services. Let’s look into this in more detail because the regulation behind this broker is a bit complicated. Remember – there’s a difference between trading U.S. stocks as CFDs and being able to own the underlying stock.

Good experience with this broker, fast executions, good client service and fast withdrawals. Now I am passionate about reviewing and comparing forex brokers. Select your trading platform, account type, and choose the base currency of your account. LimeFx charges low fees for trading most of the main instruments on offer.

If you are intoAPI trading, LimeFx offers cAlgo, which uses the C# language. Changing the pre-set leverage manually is very useful if you want to lower the risk of your trade. In other words, many popular asset classes, such as real stocks and ETFs, are not available. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.

Compare Forex Brokers compares the average spreads of the top forex brokers MetaTrader 4 ECN accounts. The MT4 Raw Spread account has consistently had competitive spreads but not the lowest in 2023 which was shared by FP markets and LimeFx. Our research team conducts thorough testing on a wide range of features, products, services, and tools . We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. LimeFx is a good broker for investors who want to run automated trading strategies on MetaTrader and cTrader platforms.

Search functions in the mobile trading app are much more intuitive and alerts and notifications can be set but only through the desktop version, which is a bit inconvenient. However, a few features are different, including the fact that you can set alerts and notifications sent via mobile push or e-mail. The search function is one of those characteristics that lacks modernity, as the platform offers a drop-down list rather than an intuitive search box. LimeFx support a plethora of deposit methods, making sure that everyone can make a deposit at the site, regardless of where he/she lives.

Review Methodology

The mobile app is very user-friendly and has a more modern look than the other versions, while it lacks extra security features such as the two-step login option. Here’s a more detailed overview of the platform’s features. As said above, the operator is a true ECN broker, meaning that its execution and unaltered prices are its top selling points. In June 2018, LimeFx announced record average daily volumes of US$19.4 billion in May and a monthly total of US$447 billion.

It features detachable charts and it supports multiple order types. Real time reports and FX and CFD quotes are also available. MT4 is – beyond the shadow of a doubt – the best online trading solution.

It was written there that during your trade we received low-quality quotes from suppliers. Return it or I will make sure that no one else will cooperate with you. There is a very high degree of risk involved in trading securities. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. 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.

LimeFx broker reviews

This account type is run by the Meta Trader 4 and 5 trading platforms and prides itself in having the fastest speeds in order execution. The standard account (non-commission) account spreads are relatively high. The raw spread account on the other hand is strongly recommended and has the lowest spreads on the most traded forex pairs combined and a competitive commission rate.

Social Trading

Specifically, he said, it’s time to undo the widely criticized industry deregulation that contributed to SVB’s demise. As stocks settle after the trading day, levels might still change slightly. The broker responded quite fast and asked us to submit the query via our registered email, which we had already done. LimeFx’ education offering lacks depth, and we would like to see the broker add more content on intermediate and advanced topics.

LimeFx broker reviews

Non-trading fees – account management fees, deposit and withdrawal fees, non-activity fees. LimeFx was established in 2007 by a team of experts with over 20 years of experience in derivative markets. We’ve researched the MetaTrader offerings of 60+ forex brokers and found that 81% of brokers offer the more famous version of MetaTrader, MT4, while only 62% offer the newest version, MT5.

It features superb charting, trading tools and technical indicators, not to mention the Expert Advisors that advanced traders can use to automate their trading strategies. Similar to other leading brokerages such as LimeFx, LimeFx has included the cTrader software in its trading platform list. It allows for even superior chart and layout customisation options, advanced analytics, full depth of market and also grants access to cAlgo and Smart Stop Out features. We should note that LimeFx offers Forex spreads starting from 0.0 pips on its Pro Account only if clients maintain a minimum account balance of $25,000/EUR 25,000/GBP 25,000 all the time. The demo account is an account type that is suitable for new clients with little or no experience in trading.

See How LimeFx Stacks Up To These Brokers

LimeFx does not charge any other non-trading fees such as deposit and withdrawal fees or account inactivity fees. However, the average spreads charged on stock trades were in line with industry charges. The commission is $6 per lot for cTrader and $7 per lot for MT4/MT5. The pricing difference lowers profit potential by 16.67% for MT4/MT5 traders. Classified as an ECN broker, LimeFx provide clients with MetaTrader 4, MetaTrader 5, cTrader as platform trading options. LimeFx is an online forex broker operating under the company of International Capital Markets Pty Ltd.

Deposits & Withdrawals

The features you get on the desktop app are the same as when trading straight from the browser. You will not be missing anything when using the web trader. It is convenient for when you are on the go, using a laptop, and are unable to sit at a terminal. It is best to find out which of the two MetaTrader versions you are most comfortable with.

The broker is headquartered in New Zealand which explains why it has flown under the radar for a few years but it is a great broker that is now building a global following. The BlackBull Markets site is intuitive and easy to use, making it an ideal choice for beginners. The broker covers all the best and most popular trading platforms.

If you open an account with an AUD base currency then it’s $290, for EUR base it’s €195 while for the Pound base it’s £160. You can speculate on 9+ bonds including the UK, Japan, USA and Europe. IC charges no commission fees when you are trading CFDs derived from bonds. It should be noted that the withdrawal method needs to be the same as the deposit method chosen. As an example, if you use a debit card to make a deposit, then the same card needs to be used for the withdrawal.

Information posted on the IC Social portal can only act as input to the process. In conclusion, LimeFx tops LimeFx by offering more methods of communication via several social media channels. However, LimeFx tops LimeFx by offering a diverse and all-in inclusive trading education and research section. Along with the MetaTrader package, both LimeFx and LimeFx offer one additional trading software option. The following are the promotions currently on offer at the LimeFx platform.

Fees of 0.10% are charged for equity traders, except US-listed equities, where the cost is $0.02 per share per side. Other costs to be aware of include third-party payment processors and overnight swap rates. However, one of the advantages of using LimeFx is they do not charge an inactivity limefx website fee. Our brokerage experts compiled a list of the best online brokers based on extensive research and testing with real money. There are 10 base currencies available for traders accounts. This broker serves more than 100,000 clients worldwide and processes around 500,000 trades a day.

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