While the Lime Fx Trading App only supports rudimentary charting tools, MT4, MT5, and cTrader come with a similarly advanced package as its more powerful desktop versions. Despite the availability, the screen size and absence of multi-screen support make complex analytics impossible to conduct. Lime Fx also maintains the MAM/PAMM module, enabling retail account management.
The out-of-the-box MT4/MT5 versions remain substandard, but Lime Fx offers twelve plug-ins with its Trading Tools package, plus the Autochartist plug-in and Trading Central services. It delivers a competitive edge to traders at Lime Fx from a trading platform perspective. In limefx reviews conclusion, Lime Fx distinguishes itself as a broker that combines versatility and transparency to meet the diverse needs of traders. Whether you’re a beginner exploring the markets or an experienced trader looking for a range of instruments and advanced platforms, Lime Fx offers a comprehensive solution.
Trading Tools & Tech
Processing times for withdrawals typically range from 1 to 5 business days, depending on the method chosen. This wide selection of trading instruments allows traders to build a diverse portfolio, manage risk, and capitalize on market opportunities across multiple sectors and regions. 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.
This lack of account fees allows traders to focus on their strategies without worrying about hidden costs eroding their capital. The main reason to use IRESS is to access Lime Fx full range of stocks and to use DMA trading. If you are looking to trade stocks outside Australia with Lime Fx then you are best to use the MT5 trading platform or consider TMGM who have IRESS outside Australia. Regulated by ASIC and CySEC, and offering international services under offshore regulation, it ensures a secure trading environment. However, traders outside Australia and Europe should be mindful of regulatory differences. Lime Fx has a low minimum deposit and offers a range of fee-free deposit and withdrawal methods.
At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). You can reach Lime Fx customer support via 24/7 live chat, email, or phone. Their phone support offers multiple international numbers, so you can find one with a convenient time zone for you. Live chat seems to have the best availability, with responses typically within a minute or two in my experience., while email might take a bit longer.
Lime Fx places a strong emphasis on leveraging advanced technology to provide traders with a seamless and efficient trading experience. The broker’s infrastructure is designed to minimize latency, facilitating fast and precise trade executions even in volatile market conditions. We continuously monitor changes in broker offerings, regulations, and market conditions to ensure our content remains up-to-date.
Markets Offered
If you encounter an issue, you can initiate a complaint through their website or by contacting customer support. To withdraw money from Lime Fx, log in to your account, navigate to the withdrawal section, choose your preferred method, enter the amount, and submit your request. Yes, Lime Fx offers cryptocurrency trading, allowing you to trade major cryptocurrencies such as Bitcoin, Ethereum, and Ripple via CFDs. Lime Fx stands out for its comprehensive suite of educational resources, designed to enhance the trading knowledge and skills of its clients. Saxo Markets offers a better spread on the AUD/USD pair at 0.9 pips, which is slightly tighter than Lime Fx’ 1.2 pips.
Reviews4.8
Lime Fx is overseen by two top-tier financial authorities, being the Australian Securities and Investment Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC) in Europe. Lime Fx deploys a hybrid market maker/ECN model with NDD order execution. Lime Fx remains regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC). I love FpMarkets because of their transparency in the system and they have very nice helpline team. I would like to mention Mr. Mikhael, the best man who has a lot of patience to solve clients’ problems.
Lime Fx also earned Best in Class honors for Commissions and Fees in our 2024 Annual Awards. It’s worth noting that Lime Fx’ share CFD offering on Iress provides Direct Market Access (DMA) in terms of its pricing and execution process, including full limefx scammers depth of book available within the platform. That said, the broker’s Iress ViewPoint account option is less affordable, and is geared towards active traders with high-balance accounts. Lime Fx delivers a compelling proposition for forex and CFD traders.
Lime Fx operates with a no dealing desk (NDD) model and works with various liquidity providers to offer competitive prices and deep liquidity across many instruments. This approach, along with direct market access (DMA) pricing, provides traders with tight spreads and quick execution times, leading to efficient and clear trading conditions. Lime Fx is a trustworthy and reliable broker, best suited for pure Forex traders who seek a competitive commission-based trading environment from an upgraded MT4 trading platform. The Lime Fx Traders Hub provided daily research and trading ideas, presented in a quality format. Streaming news service is available as one of the twelve plug-ins for MT4, offering traders a valuable service embedded with the trading platform.
- Lime Fx has a low minimum deposit and offers a range of fee-free deposit and withdrawal methods.
- With nearly two decades of experience, the broker has built a strong reputation for providing competitive trading conditions, exceptional customer service, and a wide range of trading instruments.
- This is because they use ECN pricing, which means orders are filled at the best available market price once triggered.
- Lime Fx offers low minimum deposits and diverse, fee-free payment methods.
- Additionally, each platform is available on different devices, ranging from mobile apps, to webtrader options, and desktop trading platforms.
Lime Fx offers the Iress platform suite for share trading, but MetaTrader is the primary platform option for forex and CFD trading. With support for Autochartist plugin integration as well as platform add-ons from FX Blue as part of its Trader Toolbox offering, Lime Fx is a great choice for traders who want to use MetaTrader. Lime Fx’ excellent MetaTrader offering had it finishing Best in Class for MetaTrader in our 2024 Annual Awards. Our reviews cover a broad spectrum of factors, including regulatory compliance, asset diversity, trading conditions, and user experience.
Mobile Trading Apps
However, Lime Fx holds its ground with tight spreads in other pairs, such as EUR/GBP and EUR/JPY. By default, all ASIC-regulated brokers are market makers, but Lime Fx deploys a no dealing desk (NDD) execution model. The account opening process at Lime Fx follows well-established industry practices but requires some more data than many international competitors. Clients can access the trading tools from the back office of their trading account.
The mobile platforms provide a seamless trading experience with full functionality, including real-time pricing, charting tools, and technical analysis indicators. Traders can place orders, monitor their positions, and manage their accounts on the go, ensuring they never miss a market opportunity. This review of Lime Fx is grounded in CompareForexBrokers’ rigorous and transparent methodology, as detailed on Our Methodology page. We evaluated Lime Fx across multiple critical performance metrics, including trading costs, platform usability, customer service, regulatory compliance, and the breadth of market offerings.
Lime Fx offers diverse stock trading options, including outright stock trading via the IRESS platform and share CFDs on MetaTrader 4 (MT4) or MetaTrader 5 (MT5). Lime Fx offers an extensive range of over 10,000 tradeable products across various asset classes including forex, cryptocurrencies, stocks, indices, ETFs, commodities, bonds, and metals. Lime Fx offers low minimum deposits and diverse, fee-free payment methods. However, it’s important to remember that while Lime Fx does not charge for withdrawals, clients may face fees from intermediary banks for international transactions. Lime Fx maintains 21 withdrawal options, including bank wires, credit/debit cards, Neteller, Skrill, Fasapay, Paytrust88, Ngan Luong, and broker-to-broker transfers. Lime Fx offers Islamic traders the option of opening an Islamic account.