LimeFx broker reviews: Best Forex Brokers for FX Trading Compared March 2023

Click the pen icon for the account you are changing the leverage on. Opening a live account at LimeFx is a very simple process that should take less than 10 minutes. Thank you for your feedback and we are sorry to hear that your experience with LimeFx was not a positive one. Your withdrawal of USD has been converted to USDT at the live conversion rate.

The LimeFx MT5, MT4, cTrader and Tradingview platforms are all available as a mobile trading app. For risk management, there are also trade analysis tools which can help you to estimate your strengths and weaknesses. Lessons cover all the essentials lime fx that you need to know about forex and CFD’s, including technical analysis and common market terms. For instance, Myfxbook, MetaTrader Signals and DupliTrade all provide you access to many strategies from some of the world’s top traders.

LimeFx MT4 & MT5 Review

There are several forex broker comparison tables each feature on separate areas including leverage and FX platforms offered. Feel free to view our forex broker comparison options each with separate broker reviews created by real Australians. While all trading carries a degree of risk, LimeFx provides both beginner and experienced traders with a range of tools to protect their capital. Equally important, the broker’s educational resources and demo account option give you the opportunity to test and trial risk management strategies before engaging in active trading.

We may receive compensation from our partners for placement of their products or services, which helps to maintain our site. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn’t influence our assessment of those products. MetaTrader 5 is a newer version of MT4 and appeals to those looking for additional features and more in-depth analysis. At the bottom of the screen, you will find the Terminal Window Panel, which contains a mailbox, an alert tab, a journal tab, and other features for tracking trading. If a credit card withdrawal is processed within 60 days from the day of a deposit, the refund is paid into the same credit card.

How Is LimeFx Regulated?

I think it also emphasises the fact that they care about clients making informed trading decisions and shows that they are prepared to invest in their services. MT4 is perhaps the worlds most popular trading platform used by millions of traders with all experience levels across the globe. It was developed by trading software company MetaQuotes and is know for being user friendly. MT4 has a vast array of implemented technical indicators and trading tools whilst there are thousands available freely online.

CTrader is also integrated with TradingView charts and the social trading network. LimeFx’s copy trading array includes MirorTrader, RoboX and myFxbook for MetaTrader as well as DupliTrade for cTrader. I’ve been trading with LimeFx for some time, maybe over a 1 year, and so far they’ve been a great broker in all matters. But what worries me a little, is the fact that my account was transferred, from Australia into another country, I didn’t know it existed, Bahamas maybe or something like that. If LimeFx could explain me, or us, a little what is this about, please, maybe I’ll feel completely comfortable.

Is LimeFx An ECN Broker?

Constantinos at LimeFx support was extremely courteous and helpful. He supplied email links for the task in hand and his replies throughout were very fast. Please contact us at and we will be happy to assist you with any queries you may have. ForexBrokers.com also recognized brokers that demonstrated excellence and innovation with our exclusive Industry Awards. To see the complete list of Industry Award winners , check out our ForexBrokers.com Annual Awards page. LimeFx delivers a good balance of research content in both video and written format.

This can be confirmed on the FCA’s own website where they supply a register of all forex brokers in the UK who adhere to these standards. 73% of retail investor accounts lose money when trading CFDs with this provider. 75% of retail investor accounts lose money when trading CFDs with this provider. LimeFx offer two main accounts, catering to different levels of traders, the standard account for beginner forex traders and a razor account for advanced traders.

LimeFx offers a free demo account for their MT4, MT5 and cTrader platforms. Both the MT4 and MT5 have been developed by MetaQuotes, whilst cTrader and Tradingview have been created by traders for other traders. We will take a closer look at these platforms later on in our review.

What is the minimum deposit for LimeFx?

The mobile versions of these trading platforms are quite useful, but their technical limitations in using high-end trading features can be disappointing for expert traders. These platforms are third-party but offered in their white-label by LimeFx. The company does not have its proprietary software suite; traders can choose between trading platforms such as MetaTrader 4, MetaTrader 5, TradingView, and cTrader. LimeFx caters to its traders by offering a wide range of platforms and tools that support their trading activities.

They offer various useful trading tools, educational resources, and advanced trading platforms that are available in desktop, web, and mobile versions. They enable you to buy and sell a great selection of over 1,000 financial instruments https://limefx.group/ across different asset classes. You can benefit from very competitive trading conditions, such as tight spreads from as low as 0.0 pips, zero commission fees, rapid order processing speeds, and convenient funding options.

These brokers not only manage the portfolio of their traders but also provide them with investor protection and competitive benefits. Today, dozens of financial instruments can be traded for high profits. Millions of people enter the trading landscape for high-value financial instruments such as CFDs on commodities, indices, and forex currency pairs. However, all of its integrated platforms offer mobile options for both Android and Apple devices.

You can access this section from the top of the broker’s homepage. It features learning courses, trading guides, video tutorials, and so much more. Due to the advanced features of cTrader, detailed trade analysis is possible, which allows traders to understand their strengths and weaknesses. It has a large range of indicators, detailed order tickets which include limefx scammers base currency dollar value or pip distance, and has the ability to add multiple take-profit orders. Whatever your interests, you can certainly find something to trade with LimeFx. Even if you only plan on trading one particular asset class now, it is great to have the options to diversify your portfolio in the future, should you wish to do so.

Their share CFD selection also includes 100 popular UK stocks, a number ofGerman shares as well as more than 200Australian shares. It’s good to know that, unlike traditional share trades, there is no stamp duty to be paid on UK CFD trades. As an alternative to CFD trading, UK residents can use spread betting.

Additionally we were also impressed with the 61+ Forex pairings, which is a good amount to work with for any trader. The fact that the broker sources prices from many liquidity providers also gives you access to the best prices as well as low spreads. The Razor account is great if you’re into scalping and is more suited to experienced traders.

• You can use the demo for 30 days and it comes with $50,000 of virtual funds for you to test trade with.
• LimeFx has clear portfolio and fee reports.You can easily see your profit-loss balance and the commissions you paid.
• LimeFx clients get access to the cTrader FIX API, which runs a portfolio analysis.
• When evaluating online brokers, always consult the broker’s website.
• The various different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.

The LimeFx Standard Account minimum deposit is $200, and you can pay using a range of payment methods. Although the LimeFx accounts both have the same minimum deposit amounts, there are some differences between the two. Both accounts have similarities and differences, but they both have the same minimum deposit amount. According to the company’s website, LimeFx had over 300,000 registered account holders.

When you trade share CFDs on MT5 with LimeFx, you’re also exempt from paying capital gains tax on those funds. Market – The simplest order where a trader signals that their trade request should be executed at the prevailing market rate. Comparebrokers.co needs to review the security of your connection before proceeding. It does not allow clients to contact them in case of a trading emergency. Instead, local clients can walk into the LimeFx office in Melbourne, Australia.