LimeFX Brokers Fees, Forex Spreads, Leverages, Commissions
The fast order executions and deep liquidity further support demanding trading requirements. LimeFX provides a respectable variety of market research from a combination of in-house content and third-party materials. Overall, LimeFX’s research is a touch above the industry average and will satisfy most forex traders, though it’s not as rich or diverse as what’s offered by the best brokers in this category. Experienced Australian forex traders that require a very specific niche forex platform should consider LimeFX. Those that require high leverage or are looking for low spreads/fees should review our Best Forex Brokers In Australia and a provider like Pepperstone for advanced traders.
Trading Platform-
He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. FinancePen publishes up to the minute news stories on business and finance industry along with cryptocurrency, trade, technology and a lot more. We provide our readers deeper knowledge and information regarding global business and finance. Our writers do challenging task every day to provide accurate and standard news to our readers.
All BrokerNotes content is researched, fact-checked, and edited by the research team. Our review shows that it is a publicly traded company authorized by major regulatory bodies including ASIC in Australia, MiFID in Europe, and FCA in the UK. According to ForexBrokers.com, LimeFX’s trust score is 95, making it highly trusted.
Top eye-catchy features of LimeFX
- The range of products available to you will depend on which global entity under the LimeFX Group houses your trading account.
- This platform is the most widely used platform by traders and the most offered platform by brokers, many consider MetaTrader 4 to be the ‘gold’ standard when it comes to platforms.
- LimeFX’s pricing for forex trading is slightly higher than the industry average.
- We use proprietary AI technology to assist in some aspects of our content production.
- The trading fees are based on the financial instrument type being traded.
Traders who exceed $500K notional trading volume for three consecutive months will get the fee reimbursed. The asset selection at LimeFX remains somewhat limited but sufficient for trading strategies requiring fewer highly liquid assets. It is unfortunate there is not a wider choice of Forex currency pairs as the infrastructure implemented by LimeFX provides excellent trading conditions. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
When comparing the spreads to other brokers, LimeFX at first glance appears to have only average spreads. Whereas other renowned brokerage platforms are asking for comparatively higher deposits to trade in standard accounts, LimeFX is fully flexible in this term. Today a customer not only wants to deposit funds with a regulated broker but also wants to explore and experience all the brand-new modern plugins and tools. LimeFX account options have minimal commissions and the spread starts from 1.3 pips. In terms of trading view pro, you need to deposit $300 and trade a minimum 500,000 trading volume to be able to open your platform access.
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LimeFX deposit methods include credit or debit cards, electronic wallets, and bank transfers. Yes, LimeFX is a regulated broker in the UK, Europe, Australia, and South Africa, adhering to strict standards. Their global reach and regulation provide a high level of safety and security for traders. Please note that due to FCA regulation, UK retail traders are not able to trade cryptocurrencies with UK brokers.
Standard Account Fees
LimeFX’s some of the non-trading fees are a bit high; few are low, others are not charged at all. Some of the non-trading fees are various brokerage fees and the charges you pay that are not related to buying or selling of assets. Some of the non-trading fees include deposit fees, inactivity fees, withdrawal fees, and account fees. LimeFX provides multiple trading platforms, including MetaTrader 4, Trading Station, NinjaTrader, and ZuluTrade, catering to different trading styles and preferences. limefx official site The broker claims to offer some of the tightest spreads on the market when it comes to trading BITCOIN.
LimeFX has a trust score of 78, from its regulation, reputation, and reviews. This platform is a worthy alternative to Trade Station and MetaTrader. LimeFX operates four subsidiaries around the world that are overseen by different financial authorities. The leverage you are able to trade with depends on whether you sign up to the UK, European, Australian or South Africa entity. Our broker reviews are reader supported and we may receive payment when you click on a partner site. If we remain careful we can easily escape the rollover cost by closing any open options before 5 pm EST on a trading day.
And the relaxing thing is your deposit will not be affected by additional charges or Taxes. LimeFX has local numbers from its operating regions and they are operated by the local representative of the broker so that every trader can take customer service effectively. If you are looking for limefx official site copy trading then activate the ZuluTrade platform. And in case you want to trade with an automated trading strategy then NinjaTrader has got you covered. Along with the most popular MT4 for desktop, mobile, or web the broker has given choices to select high-tech platforms like ZuluTrade and NinjaTrader.