For those interested in low spreads, the RAW account is advantageous, though standard account users may find spreads slightly less competitive when compared to other top brokers. 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. 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.
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Demo accounts provide access to live market prices, enabling traders to gain real-time insights into market movements. Additionally, it offers the opportunity to experiment with automatic trading strategies using Expert Advisors, further enhancing the learning and testing experience. At LimeFx clients can enjoy trading in over +10,000 CFD instruments spread across 5 asset classes, access a good range of trading platforms (MT4, MT5 and IRESS), spreads starting from 0.0 pips and ECN trading conditions. Yes, LimeFx is a safe forex broker by all industry standards. This brokerage trading firm is regulated in three tier-one jurisdictions (FCA, ASIC and CySEC) and your money is held in segregated accounts with leading banks (National Australia Bank or Commonwealth Bank of Australia).
- LimeFx, founded in 2005, is a prominent forex and CFD broker known for its commitment to providing high-quality trading services.
- To open a trading account with Pepperstone, you’ll need to make an initial minimum deposit of $0.
- According to industry research from ForexBrokers.com, with a Trust Score of 87, LimeFx is considered “Trusted”.
- Founded in 2002 as Poland’s first leveraged foreign exchange brokerage house, X-Trade morphed into X-Trade Brokers in 2004 to comply with new Polish regulations.
- You can get access to 355 share CFDs that are trading with less than 20% margin.
- 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.
Can I trust FxPro?
It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader. LimeFx shines as a low-cost broker for trading forex and CFDs – as long as you use the MetaTrader platform. The Iress platform suite offers well over 9,000 tradeable symbols, but it’s mostly a share trading platform – and is generally a much pricier option.
Which trading platform is better: LimeFx or FxPro?
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. CMC Markets is for all types of traders, from the novice retail trader looking to dip their toes into the online trading of forex, CFDs, and spread betting, to the experienced veteran seeking exposure to a broad array of products. CMC Markets (CMC), founded in 1989, is a well-established, publicly traded, and highly regarded U.K. 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. LimeFx provides a diverse range of trading platforms and tools, suitable for various trader preferences.
Can I trust Pepperstone?
From advanced tools that facilitate automated and social trading to services that ensure the stability and efficiency of trade execution, these additional offerings cater to the diverse needs of traders. LimeFx offers a broad selection of over 10,000 products across multiple asset classes, making it a versatile choice for traders looking for extensive trading options. 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. 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.
How Much Money Do I Need to Begin Forex Trading?
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, LimeFx is considered Trusted, with an overall Trust Score of 87 out of 99. FxPro is considered Highly Trusted, with an overall Trust Score of 90 out of 99.
While the overall platform and tools are rated as average, the choices available, including both MetaTrader options, cTrader, and a proprietary platform, align well with traders’ needs. LimeFx sets itself apart in the competitive broker landscape with its ECN-style pricing and extensive asset offerings. It’s recognised for providing a variety of trading platforms, including MT4 and MT5, and for its swift execution speeds. Areas we scored LimeFx the highest were excellent customer service (9/10), great educational resources (8/10) and a wide variety of funding methods (8/10). LimeFx has low spreads and is regulated with ASIC, CySEC and FSCA. Our LimeFx review found this Forex broker has good trading platforms, a wide range of CFD markets as well as fast execution speeds.
Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Our editors independently research and recommend the best products and services. You can learn more about our independent review process and partners in our advertiser disclosure. We may receive commissions on purchases made from our chosen links. Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com.
Also, in focus will be the preliminary numbers on US consumer confidence in Michigan and the NFIB business optimism index. Finally, earnings season will kick off with results from major banks including JPMorgan, Citigroup, Wells Fargo and Bank of New York Mellon. Markets are keenly awaiting today’s release of crucial US CPI data, https://limefx.club/ which is expected to show a fall from last month’s data. The result will likely impact stock and Forex markets, especially the US Dollar. So, for example, the fact that we are at the 1.08 level and bouncing around should not be a huge surprise. We’ve previously seen the 1.07 level and the 1.09 level both be rather important.
Use our international search tool to find a broker that accepts clients from your country. Steven Hatzakis is the Global Director of Research for BrokerNotes.co and ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.
To verify the availability of any features within your country of residence, please contact the broker directly. Jeff Anberg is a Staff Editor at BrokerNotes.co and ForexBrokers.com. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency.
They have a number of different account types depending on your needs, such as a standard forex account, an ECN raw account, a CFD trading account, a professional account, platinum account, premier account and share trading account. If you need to do so, you are able to put in a request for a special borrow for a particular stock if you get in touch with the customer support team. The main reason to use IRESS is to access LimeFx full range of stocks and to use DMA trading.
Hi Clement, If you have an account with LimeFx Australia then I would expect you should be able to use the IRESS account. As I understand it, it’s only the LimeFx subsidiaries outside Australia that don’t offer IRESS, so in your case I don’t believe you should need to use the VPN. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004.
LimeFx has been building out its educational offering, now providing webinars, beginner and advanced videos, and podcasts, but there remains much room for improvement to compete with best-in-class brokers. They have over 600 other CFDs you can trade that have a max margin of 50%. You can get access limefx reviews to 355 share CFDs that are trading with less than 20% margin. In all, there are more than 10,000 different financial products for you to choose from, ranging from indices, equities and commodities. LimeFx is well-respected and they are one of the most reliable brokers in the space today.