LimeFX’ excellent MetaTrader offering had it finishing Best in Class for MetaTrader in our 2024 Annual Awards. LimeFX provides traders 71 currency pairs (e.g., EUR/USD) compared to LimeFX’s 61 available pairs. The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Forex traders also appreciate the ability to engage in social copy trading. LimeFX’ competitive pricing and scalable execution make it an excellent option for algorithmic traders. Though it supports an impressive range of third-party tools and plugins, LimeFX’ research and education offerings are not as impressive as those offered by industry leaders.

Traders can place orders, view watchlists and charts, check on their history of trades, and stay on top of news headlines. The app limefx is fairly simplistic and easy to navigate, although I think the look and feel have room for improvement. For example, clients with the CySEC-regulated EU entity benefit from a high level of regulatory scrutiny and a compensation scheme in the event of broker insolvency. Meanwhile, offshore entities of LimeFX have a reduced level of account protection. I performed my tests with a Standard MT4 Account, using the desktop platform and mobile app. The account was opened with the Australian entity of LimeFX (First Prudential Markets PTY Ltd) for this review.

Nurturing Trader Knowledge

The LimeFX 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. New traders can benefit from educational resources, including webinars and videos. LimeFX also offers an Academy for traders, providing trading courses, live webinars, podcasts, trading guides, and more. Overall, the research & education at LimeFX are of high quality and add value to the core trading environment.

1. These are ideal for algorithmic traders to test EAs and fix bugs.
2. Under regulations like ASIC and CySEC, LimeFX is mandated to keep client funds separate from their own operational capital.
3. The equity trading charges depend on the country of the listed underlying asset, and the pricing environment remains average compared to other brokers.

Trading Fees

According to industry research from ForexBrokers.com, with a Trust Score of 87, LimeFX is considered “Trusted”. LimeFX does not charge an inactivity fee, which benefits traders who may not trade frequently. Deposits are generally free, enhancing accessibility for traders.

Some features and services may vary depending on where you reside. LimeFX is a well-rounded broker that has slashed costs to a minimum but has not cut corners in areas like customer service and research materials, where it also stands out as above average. LimeFX offers a broad selection of over 10,000 products across multiple asset classes, making it a versatile choice for traders looking for extensive trading options. LimeFX offers low minimum deposits and diverse, fee-free payment methods. The CFD broker boasts a TrustPilot score of 4.9 out of 5 from 5,478 reviews, indicating high levels of client satisfaction and trust in the broker’s services. Whether using iOS or Android devices, LimeFX ensures that traders have the critical tools they need right at their fingertips, making mobile trading both efficient and accessible.

Withdrawal Options and Fees

The good news is LimeFX boasts a relatively low minimum deposit threshold compared to some other brokers. This makes it accessible to traders who want to experiment with the platform and test their strategies with a smaller initial investment. LimeFX boasts a multi-platform approach, limefx forex broker catering to different trader preferences. The multi-jurisdictional approach has advantages and disadvantages.

LimeFX Trading Fees

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. At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Based on our research on the regulatory status of over 60 brokers, we’ve found that Both LimeFX and LimeFX hold 2 global Tier-1 licenses.