LimeFX’ customer support is excellent compared to other brokers, and is available 24/7 which is exceptional considering the norm is 24/5. Overall, Autochartist is one of the best technical analysis tools on the market. In order to use this service, traders will have to pay a total of a 2.2 pip mark-up on the spread, which is relatively high. limefx website LimeFX’ trading tools are excellent compared to other similar brokers. Compared to other similar brokers, LimeFX’ account opening process is fast, generally hassle-free, and fully digital. Once your documents have been verified by the customer support team, you can login and fund your account with the base currency of your choosing.

LimeFX forex broker

While the True ECN account or Raw Account allows micro lot trading from 0.01 size, deep institutional grade liquidity, ECN spreads from 0 pips and a commission of 3.50$ per 100k traded available at MT4 also. The company was incorporated in Sydney, Australia in 2007 by a team of financial professionals who aimed to bridge the gap between retail and institutional clients offering trading solutions. VPS hosting allows traders to run automated algorithmic strategies, including expert advisors 24 hours a day 7 days a week on a virtual machine.

We don’t make any solicitation or recommendation to take any action or trade or invest in any financial instrument, asset, or commodity. This broker serves more than 100,000 clients worldwide and processes around 500,000 trades a day. LimeFX offers 24/7 phone support, live chat, and e-mail support. LimeFX offer the research tools available within the Meta Trader 4 and 5 platforms. They also have a section where analysis is posted, called the WebTV.

great communication and customer service

Since LimeFX is licensed by the ASIC, traders can rest assured of the safety of their assets. After completing the registration process, you need to activate your account by making a deposit. LimeFX offers traders a variety of deposit options in 10 base currencies.

Should you decide to give ZuluTrade a try, note that there’s a tool called ZuluGuard that can help you monitor the volatility of the various available autotrading strategies. The fact that you can change the default leverage of the products when tradingis a great feature. LimeFX’s CFD and crypto selection is wider than that of its closest competitors, while its forex product lineup is similar. The search functions are OK.You can find the assets listed by category. However, we missed the usual search function where you can type in the asset’s name manually.

We recommend doing this as fast as possible to get access to all functions of the platform. LimeFX offers to trade in forex , CFDs , and futures.There are more than 2,000 different assets available. The conditions are very good from my experience and test. In comparison, you can rarely find cheaper and safer brokers.

MetaTrader 4 is still undoubtedly the world’s most popular trading platform for forex traders due to its ease of use, feature-rich environment, and automated trading ability. The newer version of the MetaTrader platform suite, MT5 is being adopted by more traders all the time. MT5 incorporates all of the key features of MT4 and an optimised environment for EA trading. Forex traders at LimeFX have access to 63 currency pairs, but only eight commodities and four cryptocurrencies. Equity traders enjoy 178 US equity and eleven index CFDs, while 347 US stocks are additionally available. LimeFX offers 60 currency pairs, 19 commodities, and ten cryptocurrencies.

  • LimeFX does not specify which languages are offered besides English but explains its products and services well.
  • It is also regulated in Cyprus, Australia, & Seychelles.
  • LimeFX supports both social and copy trading via ZuluTrade and Myfxbook, respectively, while XM has Mirror Trader for proven trading strategies.
  • In fact, these accounts also offer negative balance protection.

Compare selected brokers by their fees, minimum deposit, withdrawal, account opening and other areas. Filter according to broker or product type, including stocks, futures, scammed by limefx CFDs or crypto. But when making withdrawals, the business advises customers to be aware of bank fees. To avoid surprises, figure out how many fees will be incurred.

Unique Features

Trading CFDs on leverage involves significant risk of loss to your capital. Educational tools include platform tutorial videos, blogs, and other trading-related educational materials. The portfolio of CFDs available covers more than 230 different financial instruments. Meanwhile, bank transfers made to international banks generate an AUD$ 20 fee. However, the live chat feature seems to be inactive most of the time and the average wait time is too long.

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. Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees. We compare LimeFX’s fees with those of two similar brokers we selected, LimeFX and Vantage FX. This selection is based on objective factors such as products offered, client profile, fee structure, etc.

  • This move only happened on ICMARKETS and not with my other brokers.
  • The terms of LimeFX are also perfect for automated trading!
  • The web-version of LimeFX trading platform is a bit rough around the edges and lacks a modern design and the intuitiveness commonly seen in today’s top-notch trading interfaces.
  • You can make any settings yourself and create your own strategies.
  • True ECN accounts offer spreads from 0.0 pips with a commission charge of AUD $3.50 per 100k traded.
  • LimeFX is one of the few true ECN brokers accessible to beginner traders.

XM has negative balance protection that applies to all types of XM accounts. There are three types of accounts traders can choose from with this broker. Phone support has been qualified as very good by most traders, as you can connect with a customer service representative quickly. Finally, all the accounts are allowed to trade with all of the products offered by LimeFX and micro lot trading is permitted for the three accounts as well.

Analysis Material

LimeFX offers a wide range of CFD products covering various financial assets including forex pairs, stocks, stock indexes, commodities, futures, and cryptocurrencies. This is a significant downside for amateur traders who may not be accustomed to using advanced trading interfaces and definitely a competitive disadvantage compared to other forex brokers. Account opening, depositing and withdrawals are free, easy and fast. This is a very commendable forex trader that offers the best trading conditions and is well appreciated by its clients.

LimeFX does not have its own trading app, but MT4, MT5, and cTrader are all available as mobile apps. We found the cTrader app easier to use than MT4 and MT5 as it has a more modern and intuitive interface. Adding a deeper layer of security is the professional Indemnity Insurance with Lloyd’s https://limefx.name/ of London and H Savy Insurance in Seychelles. Client deposits are fully segregated at National Australia Bank and Westpac Banking Corporation, while LimeFX is a member of the Australian Financial Complaints Authority . Needs to review the security of your connection before proceeding.

How to dow a withdrawal with LimeFX

It also caters to social traders with three copy trading services, while beginner traders benefit from a high-quality educational platform and excellent 24/7 customer support. Furthermore, it is audited by major regulatory agencies regularly that deny any possibility of scams and prove that it is a safe trading platform for every trader. There is so much to gain from the LimeFX trading platform that oftentimes traders doubt all this to be true. But our LimeFX review of the site approves the legitimacy of the platform and affirms that it is quite safe for making LimeFXs and trades.

Add your bank account information if you have not done so already. You can open an account at LimeFX if you live in Germany. For a tailored recommendation, check out our broker finder tool. Answer a few simple questions and get a list of the most relevant brokers.

Trading Forex, CFD, Binary Options, and other financial instruments carries a high risk of loss and is not suitable for all investors. The information and videos are not an LimeFX recommendation and serve to clarify the market mechanisms. The texts on this page are not an LimeFX recommendation. The company offers good conditions for trading currencies to asset managers. I am with LimeFX since years and i am always complete satisfied with. You can choose currencys od leverage as you need and no one would ask you anything or wants something from you.

He’s also eager to help people find the best LimeFX provider for them, and to make the LimeFX sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo-trading, programming and trading. It is slow, the average wait time for an answer was more than 10 minutes. For example, we had to ask several questions until we got information on how their financing rates work. On the other hand, we experienced a slight improvement in the last few months. The news feed, called ‘Market Buzz’, is a visually appealing interface that offers news analytics and sentiment indicators.

LimeFX offers different pricing defining trading fees on applicable accounts, as the fees are slightly diverse based on the account type and platform you choose. Also, beware that various LimeFX entities in different jurisdictions may apply its own trading conditions, so be sure to check it out as well. With a license and regulation from ASIC, which one of the strictest and most demanding financial regulators, IC Market traders can feel completely confident. The money protection provided through multiple regulated ways and includes the client money segregation while accounts accessed by the client only and used for the purpose of facilitating their own trading. With MT4, MT5, and cTrader all available, LimeFX offers support for more trading platforms than most brokers.

LimeFX offers an average range of tradable assets compared to its competitors. FXScouts has been the UK’s most trusted Forex broker review site since 2019. Our team has written 100+ broker reviews and we constantly test to maintain accuracy.

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. Overall, LimeFX trading fees are on the low end of the industry, even though its financing fees are reportedly on the high end. On the downside, they don’t provide negative balance protection. Clients money is held separately to company funds at AA rated Australian banks.

LimeFX offers free extensions for the software in the form of plugins. These can be easily downloaded and then inserted into the software. This includes, for example, a tick chart extension or additional indicators. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations. I contacted their support and they told me everything, but not how it was closed, which was my question.