LimeFx Broker Review Forex & Stock Trading at LimeFx

LimeFx award-winning multilingual support team is available 24/7 to respond to all of your questions and technical support request. I have found them to be very helpful over the years and have even had them reach out to see how things are going without even being prompted to do so. MetaTrader 5 contains many of the same features as MetaTrader 4 with more indicators, market depth limefx reviews display, 21 time frames, built in economic calendar and an improved strategy tester. You can create your own trading strategy templates and save them for future use or attach one of the templates already included to charts. Custom indicators and automated trading strategies can also be created. I have run automated systems (expert advisors) in both MT4 and MT5 for many years.

The account can be reactivated anytime by sending an email to LimeFx through the client’s registered email address. In summary, LimeFx offers a straightforward account opening process. LimeFx doesn’t charge an account fee, contributing to its appeal. Traders engaging in Contract for Difference (CFD) trading will find LimeFx’ fees reasonable and competitive.

  1. This is actually worth it if you think about the increase in trade execution speed you garner from using a professional machine.
  2. As a major Forex broker, they have partnered with a number of online payment providers, including e-wallet providers like Neteller, Skrill, POLi, AstroPay, and China-based Online Pay.
  3. I have run automated systems (expert advisors) in both MT4 and MT5 for many years.
  4. The mobile version of LimeFx’s trading platform is available to be downloaded on both Android and Apple devices including your iPhone, iPad, and iPod Touch.
  5. It also offers a CFD trading platform and access to global exchanges like NYSE and FTSE.

FX Markets clients can access the ECN pricing model through the RAW account with a minimum deposit of USD 100. 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. As shown in the table below, the availability of these platforms varies depending on your location and the regulatory jurisdiction you fall under. Additionally, each platform is available on different devices, ranging from mobile apps, to webtrader options, and desktop trading platforms. LimeFx provides traders with a wide selection of advanced trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, Mottai, Iress, TradingView, and the LimeFx trading app.

Review Methodology

Each trading tool can help traders to make the best decisions on their investments. LimeFx is a global forex trading and CFD broker established in 2005. It has its headquarters in Sydney, Australia, and is regulated by the Australia Securities and Investments Commission (ASIC) and Cyprus Securities and Exchange Commission (CySEC). This multi-regulated broker offers online trading services across various financial markets through a single account. LimeFx’ trading instruments, totaling 10,300+, include 60+ forex pairs, 10,000+ stocks CFDs, 19+ indices, 16+ commodities, 290+ ETFs and 2+ bonds. Notably, 5+ cryptos are also available to trade on the broker as CFDs.

Versatile Tools for Every Trader

LimeFx delivers a good variety of mobile apps for forex and CFD traders. Its proprietary app has a nice layout for a new mobile app but lacks the advanced features that I’ve come to expect from the best brokers in this industry. Thankfully, Metatrader and cTrader platform suites are available as reliable alteranatives. LimeFx also earned Best in Class honors for Commissions and Fees in our 2024 Annual Awards. It’s worth noting that LimeFx’ share CFD offering on Iress provides Direct Market Access (DMA) in terms of its pricing and execution process, including full 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.

Account Types

The main reason that traders may move to this platform is because it gives them the opportunity to trade other markets such as equities. However, given that LimeFx has the IRESS platform, you should rather use this as it gives you access to more markets. At LimeFx, this MT4 platform is available on both the standard STP account as well as the raw ECN account. This means that you can trade all of those Forex account instruments that we mentioned above on this platform. This is a trading platform that was developed in Australia and used by a number of other brokers.

LimeFx Mobile Trading App

Overall, this is another area in which I feel the broker excels and blows away a lot of the competition. LimeFx is an industry leading CFD broker that was founded in 2005 in Australia. With over 15 years of trading experience, the broker is considered top tier.

LimeFx offers Islamic forex accounts to its Muslim clients as the accounts have no swap charges for overnight positions. The Islamic accounts are available on both MT4 and MT5 trading platforms but not available on the Iress platform. Indices are a great way to trade in both bullish and bearish markets as price moves without having any physical ownership. LimeFx provides access to famous 19+ indices like S&P 500, NASDAQ 100, EUREX, etc.

The feature-packed LimeFx Trading App puts you in control of your trading experience and is available on all iOS and Android devices. I found the app very user-friendly but limited in terms of market analysis tools when compared to the MetaTrader app. LimeFx have their very own proprietary trading app where you can trade Forex and CFDs across shares, indices, commodities, futures and cryptocurrencies, from the palm of your hand. You can easily access all of your favourite trading products from one convenient app through one account.