It’s worth mentioning that your trading account balance must meet a threshold to access certain educational content. With its wide range of available platforms and deep offering of trading tools, LimeFX has set the bar high and competes among the best brokers in the industry. Whether you are a beginner or an advanced algorithmic trader, LimeFX has plenty of options. In our 2024 Annual Awards, LimeFX finished Best in Class for its excellent Platforms and Tools.
Please note that due to FCA regulation, UK retail traders are not able to trade cryptocurrencies with UK brokers. If you want access to crypto markets, you will need to sign up for an LimeFX subsidiary outside of the United Kingdom. It is also a great option for active traders who benefit from an abundance of technical analysis tools, including over 150 analytical tools and a wealth of customisable charts and drawing tools. These stats show that LimeFX completes your orders with no slippage more than 60% of the time. LimeFX can be compensated in several ways, which includes but are not limited to adding a mark-up to the spreads it receives from its liquidity providers, adding a mark-up to rollover, etc.
Experienced Australian forex traders that require a very specific niche forex platform should consider LimeFX. Those that require high leverage or are looking for low spreads/fees should review our Best Forex Brokers In Australia and a provider like Pepperstone for advanced traders. Market analysis tools consist of the standard tools most brokers offer.
In addition to a growing selection of over 300 CFDs that includes fractional shares and 43 forex pairs, LimeFX offers exchange-traded securities across 43 exchanges in Europe, North America, and the Asia-Pacific region. The following table summarizes the different investment products available to LimeFX clients. If you are looking for the best possible spreads, then Active Trader is the best choice. Spreads with LimeFX’s active trader account are cheaper than they may appear when you compare with other brokers as LimeFX offer lower commission fees. The overall lowest spreads are offered by LimeFX in our head-to-head comparison.
Trading Platform
- Only Active Trader clients subject to tier pricing on spread costs receive a free VPS.
- When comparing the spreads to other brokers, LimeFX at first glance appears to have only average spreads.
- 2 At the beginning of the month (between 1st and 15th), a fee equal to 30 units of the base currency (3,000 JPY, 240 HKD) will be debited from any of your LimeFX Account(s) to cover the VPS cost for each subscription.
- It was built based on the feedback from LimeFX traders and trading data accrued from over 10 years to meet the needs of their clients.
The range of markets available with LimeFX is quite broad however you can find other brokers that offer more choices for each financial instrument. 39 currency pairs, for example, would put LimeFX at the lower end of the broker for currency choices. If you prefer social or copy trade, then Zulu Trader might be your preferred choice of the trading platform. This type of trading allows you to copy the trades of experienced traders, making it a great choice for beginner traders wanting to learn the limefx review trading strategies of successful traders. The feature gives users the ability of traders to share ideas and strategies and help other traders. Zulu Trader has over 1 million users, making it one of the larger social trading communities available.
The LimeFX Standard Account has a minimum requirement of $50 (depending on payment method) when making an account deposit. When trading, you will still need to meet initial margin requirements to open trading positions. To be able to take advantage of these discounted commissions, you will need a minimum of $25,0000 in equity in your trading account, so will not be a serious consideration for most retail traders.
Why Forex and CFD Traders Choose LimeFX
MT4 Mobile and MT4 Web are platforms created and supported scammed by limefx by MetaQuotes Software Corp. LimeFX is an independent legal entity and is not affiliated with MetaQuotes®.
Raw Account Spreads
LimeFX’s Standard account is commission-free, with costs embedded in the spreads. However, the Active Trader account offers tiered commissions with potential savings for high-volume traders. This platform is the most widely used platform by traders and the most offered platform by brokers, many consider MetaTrader 4 to be the ‘gold’ standard when it comes to platforms.
Offering of investments
LimeFX has a knowledge section that consists of research or market analysis tools and education. Trading with Indices allows you to reduce the risk of your exposure when trading volatile instruments. When making a deposit into your account with a credit card or debit card (Visa or MasterCard) there is a minimum of $50 per deposit and a limit of $30,000 per month for all LimeFX clients. An LimeFX No Dealing Desk Brokers determines the best execution means which can result in LimeFX acting as a market maker or using a dealing desk. Our broker reviews are reader supported and we may receive payment when you click on a partner site. You can access MetaTrader 4 with your LimeFX username and password, or with your demo account.