The quality of LimeFx’ customer support greatly depends on how you make contact. Account opening is free, and the LimeFx minimum deposit is set at $200. The details we gathered for this LimeFx review indicates that you will not have to pay inactivity fees, deposit fees, or withdrawal fees. LimeFx is a popular and world-renowned broker in the currency and CFDs markets founded by Andrew Budzinski, a reputed entrepreneur in 2007.

Everything that he has acquired from the companies he has worked with was beneficial and it helped him manage the LimeFx Forex Brokers responsibly and rightfully. See how LimeFx compares to the leading Forex brokers by reading one of the reviews below. This is a particularly useful tool for newbie traders https://limefx.club/ who want to learn with some inbuilt risk mitigation. One difference with the Meta Trader 5 upgrade is that traders can now trade in single stock entities. Another addition is the opportunity to code and save custom indicators using MQL5. ☑ Spreads starting at 0.0 pips (average spread EUR/USD 24/5 of 0.1 pips).

Please come back often as broker services are very dynamic and can improve or deteriorate rapidly. I never had any problems with any other broker before with the same documents, i would be very careful when it comes to selection of brokers in this type of market. I will keep updating my experience with them and would be giving honest reviews. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation.

You can access customer support 24/7 through the live chat feature and telephone number on the broker’s website and in the client portal area. Traders tend to underestimate customer support, but it might be a crucial feature in moments of crisis. In our rating, we check the contact methods available, how accessible a live agent is and how helpful the responses are. This information will allow you to know if a broker can provide full support when you need it. With LimeFx you can trade on more than 1,700+ financial CFD instruments covering all the major asset classes including Forex, stocks, indices, commodities, bonds and cryptocurrencies. The mobile app allows you to place pending trades or enter live at the market.

Many other ECN brokers fail to provide education and analysis, forcing traders to self-educate with third-party material. With a full library of course material, independent market analysis, and webinars, LimeFx offers new traders a comprehensive education on Forex trading. LimeFx also supports all three of the top software options and provides 24/7 customer support. Trading Central is available to clients who register a live account.

LimeFx Trading Hours

Based on our experience with the broker, we are confident to recommend LimeFx for every active trader to generate significant profits from their LimeFxs. If you are a beginner, you can read LimeFx reviews before start trading. And, we also hope that this IC Market review might be helpful for you. As with deposits, the processing time for withdrawals varies with the transaction methods and the trader’s jurisdiction. From offering a variety of tradable assets to integrating advanced trading tools, LimeFx has many essential features that guarantee convenience. LimeFx Trading servers are located at the Equinix data centers in New York and London also known as home of multiple exchanges and trading platforms.

• Using this resource, they can process up to half a million trades a day.
• LimeFx is a regulated forex CFD broker based in Australia and one of the best forex brokers Australia.
• The wide range of base currencies available at LimeFx makes this possible.
• A hassle-free experience in account opening works like a massive motivation for new traders.
• The server used for this account is located in New York, which means traders experience low latency in execution speeds.

Using this resource, they can process up to half a million trades a day. PublicFinanceInternational.org helps traders and investors, from around the world, navigate the complex world of online brokers. We spend thousands of hours a year, both researching and testing brokers, to give you unbiased and extensive reviews. To keep the website running, we make money through affiliate commissions and paid advertising, at no additional cost to you.

Deposit and withdrawal

We liked that one can open several sub-accounts with different base currencies. International bank wires can take up to 14 days, with credit/debit cards 3-5 days. There is also a calendar of live and upcoming webinars on the broker’s website. These are done in multiple languages and regularly throughout the month and cover topics such as Elliott Wave, Live Analysis, Using Trailing Stops and more. We then requested further assistance from a live agent and were connected in just a few seconds.

That is different from MT4, where the amount is fixed per lot. The commission you will pay on the cTrader platform is $3 per 100,000 USD traded. It is best to find out which of the two MetaTrader versions you are most comfortable with. Sign up for the LimeFx demo account and test each one to see how you feel about them. After that, you will have no trouble choosing the one that works best for your strategies and style.

There are three account types offered by LimeFx that you can try to trade the most popular assets 24/5. LimeFx also offers a demo account that lets you learn about the broker without using real money. Every account opening has a unique fee structure and trading platform. LimeFx is a top-notch broker for serious Forex traders and is regulated by financial bodies such as CySEC, ASIC, SCB and the FSA of Seychelles. While the services and products are mainly geared towards professional traders, beginner traders will find a lot of support and useful tools. You can trade more than 1,700+ financial CFD instruments covering forex, stocks, indices, cryptos and commodities.

LimeFx deposits are free of charge.There are many ways to add money to your account, although some of the deposit options are not available for each account base currency. If you fund your account in the same currency as your bank account or you trade assets in the same currency as your account base currency, you don’t have to pay a conversion fee. The account opening process at LimeFx is user-friendly and fully digital. We ranked LimeFx’s fee levels as low, average or high based on how they compare to those of all reviewed brokers. This includes live analysis sessions, technical and fundamental analysis articles and forecasts and ideas from Trading Central and AutoChartist and is above the industry average. LimeFx scored very well in this section with maximum points as you can deposit and withdraw funds commission-free.

Finally, for stock indexes, the S&P 500 index pays an average spread of 0.600 while the European STOXX50 index pays an average spread of 1.850 pips. As for commodities, WTI crude oil futures pay an average spread of 0.050 while the average spread of coffee futures is 0.900. Overall, LimeFx trading fees are on the low end of the industry, even though its financing fees are reportedly on the high end. There are 10 base currencies available for each of the accounts offered by LimeFx including EUR, USD, GBP, AUD, CHF, JPY, NZD, SGD, CAD, and HKD. On the downside, they don’t provide negative balance protection. 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.

LimeFx: Frequently Asked Questions

When you are done filling the spaces, submit and wait for LimeFx to approve your account. After you get account approval, you will have access to the Secure Client Area, where you can fund your account and be allowed to start trading. Overall, LimeFx fees are not very different from other brokers, aside from the high financing rates.

Swap rates on leveraged overnight positions apply, together with third-party payment processor costs. LimeFx does not charge an inactivity fee, which I appreciate. Here is a screenshot of the LimeFx MT5 trading account during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads. Trading with a regulated broker will limit the potential for fraud and malpractice.

How to start your LimeFx account?

Superior liquidity – One of the benefits you will receive once you decided to go for our services. We can ensure to you that your assets will be immediately converted into cash with just little impact in the price. Offer 24/7 service -LimeFx is open 24/7 wherein most of the financial centers all over the world are also open so there are no laps of liquidity that may happen. In every success of a company, someone works hard to achieve the goals. He is the chief executive officer and the founder of the leading company in Australia and around the world. With his 15 years of experience in over the counter derivatives and exchange trade, he was able to manage the company and brought it to the top.

You can save money on conversion fees by trading in 10 base currencies, including USD, GBP, EUR, JPY, CHF, AUD, NZD, CAD, HKD, and SGD. Use the ‘Market Analysis’ section that features content on fundamental and technical analysis both from the in-house research team and third-party platforms such as Trading Central. The reliability of LimeFx is ensured by the technology it uses.

I’ve tried 4 brokers so far, but when it comes to EA trading, I recommend ICMarkets because of its raw spread account. I mean yes, they’re a bit more expensive, but I’d rather trade with an expensive broker with reliable trading services than a cheaper one with shady trading conditions. I’m able to integrate my EA strategy with their MT4 trading platform without any problems.

The Best Broker I’ve Ever Used

LimeFx offers 20 exclusive trading tools that are available on the MT4 platform. The MT4 Advanced Trading Tools help traders manage their risk, control all trades from a single terminal and view the correlations between currency pairs and other CFDs. The full set of tools include sophisticated alarms and broadcast facilities, a correlation matrix, a sentiment trader, a session map, and up-to-date market data and functions, among others. The broker scammed by limefx can offer the lowest spreads because of its state-of-the-art technology, direct access to liquidity, high trade volume, and no dealing desk. LimeFx offers a competitive, diverse, and fair fee structure for different accounts and trading platforms. Traders get a big relief from LimeFx as it charges zero or relatively low commission fees in the form of spreads on trading with bonds, indices, cryptocurrencies, and futures on all accounts.

I really appreciate the opportunity I found to chat with you you’re the best support I have met today and I’m so glad you were able to give me your time. I have used this broker for 3-4 years.Everything go smooth ,no problem till now . Tradersunion.com needs to review the security of your connection before proceeding. Feel free to try LimeFx as you can open an account within a day and there is no inactivity fee. Relevant content can be found in the ‘Education’ section and the LimeFx blog.

Phone support is offered on a call-back basis through the Help Centre. However, you can also make a call using the toll-free numbers for Australia, the UK, Thailand, Cypress, Indonesia, Germany, Spain, Brazil, Malaysia, South Africa, and Poland. For countries not supported by the toll-free service, there is also a global phone number.

LimeFx currently doesn’t provide negative balance protection. The product portfolio includes FX, stock CFDs, cryptocurrencies, bonds CFDs, commodities, and indices. FP Markets offers 60 Forex pairs versus 61 available at LimeFx. All traders have access to 144 CFDs at the former and 850+ at the latter.

With MT4, MT5, and cTrader all available, LimeFx offers support for more trading platforms than most brokers. I have been trading in two companies all year, and I opened an account in the company for testing a broker and the amount on the account was only $ 200. I studied the positive aspects that traders wrote limefx review about the broker and decided to check. But in practice, the attitude of employees to the client turned out to be much better than I had met before, now I transfer the balance of all funds only to this broker. I want to start in the new year with this broker as my main broker and, most importantly, reliable.