LimeFX Review 2022 Expert Review

Besides, it also features high performing tools, dynamic market data, advanced charting, and highly customizable interface. LimeFX includes brokers that provide Islamic account facilities. This is mainly for Muslims so there are no swap fees when traders hold orders overnight. PublicFinanceInternational.org helps traders and investors, from around the world, navigate the complex world of online brokers. We spend thousands of hours a year, both researching and testing brokers, to give you unbiased and extensive reviews.

Trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs and cryptocurrencies. The more trading knowledge you have the better you will be able to mitigate and understand trading risks. Stock trading involves purchasing and selling equities periodically in order to time trades against the market. Stock traders Medium of exchange look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price. Stock traders conduct significant study, frequently dedicating several hours every day to market monitoring. A LimeFX market order is an order to buy or sell a stock at the market’s current best available price.

• They offer fee-free deposit services but third-party fees such as banks, e-wallet or other method fees may require.
• Trading CFD indices allows you to speculate on the direction of movement of the underlying index, without actually having physical ownership of any shares.
• All are resources are free and provide by an experienced and dedicated team.
• LimeFX is based in Sydney Australia and was established in 2005.
• Neither price manipulation, desk dealing, no re-quotes are done.

The minimum deposit at LimeFX is just $100 AUD or equivalent on the MT4 & MT5 accounts. There are also some specified pricing conditions that may occur in different account types. IRESS account fees are based on a commission plus a percentage based on the instrument’s trade basis. This firm is one of the best and most reliable brokers available on the market.

The Credit card deposit method charges a fee for the IRESS platform. If you are using an Australian debit or credit card, you will be charged a 1.6% fee. For those that wish to fund their accounts using an international debit or credit card, the fee is a bit higher, at around 3.18%. As pointed out earlier, LimeFX limefx company reviews offers quite a large leverage ratio, and this can significantly accelerate profit-making or how you lose money. It is for this reason that it is important for any broker offering leverage to have robust risk management features. LimeFX uses LimeFX pricing, has raw spreads that start from as low as 0.0 pips.

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Operating as an online business, this site may be compensated through third party advertisers in the term of commission. Our receipt of such compensation shall not be construed as an endorsement or recommendation by ForexBrokerReport.com, nor shall it bias our reviews. For your FP Transaction minimal deposit accounts which need less cash, the spreads are somewhat high.

Additionally, LimeFX supports Iress, another unique trading platform. Each platform has its advantages and tools to assist traders in achieving success. Additionally, they all offer an intuitive interface and speedy service. Each platform processed our orders within seconds, ensuring we didn’t lose good trades due to delay. LimeFX proudly proclaims itself as the ultimate destination for traders interested in financial markets.

The customer can sign up for a minimum of 10 lots on RAW FX to a selected VPS provider and receive a cash payment back into the trading account with a maximum of $50 a month. MT4 and MT5 platforms provide a dynamic feature through limefx website detailed insights and one of the best industry choices for automated trading through and spreads from 0 pips through EAs. When compared to other Forex and CFD brokers, the opening balances set by LimeFX are quite high.

You can use Poli Pay, PayPal, Bpay, Fasapay, Neteller, Paytrust88, Ngan Luong, and Skrill. This platform provides access or a wide range of assets, products, and instruments. You will be eligible to trade over 10,000 stocks across international markets including major stocks, such as NYSE, ASX, NASDAQ, LSE.

LimeFX Trading Information

If it wasn’t, there’s no way it would’ve made our list of recommended brokers, all of which have been tested first-hand by our experts with real money deposits and withdrawals. For those that wish to make direct transfers into their LimeFX account, there is no charge levied upon that. The only drawback with this funding method is that it takes one business day for the transferred money to reflect in the trading account.

There is no waiting time for the funding to appear in your account in both MT4 or MT5. There may be a wait of up to 1 business day for Iress accounts. LimeFX offers two versions of the mobile forex trading platform. On iOS, you can download and use MetaTrader 4 on iPad as well as on the iPhone. The mobile trading platform makes it much easier to access the market from anywhere in the world.

LimeFX Desktop Computer Trading Platform

You can use credit and debit cards to deposit funds in CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, and USD. LimeFX instantly processes Credit/Debit transactions, and the funds will reflect in your account in less than an hour. The highest account type obtainable at LimeFX is the Premier Iress account. Like the other Iress accounts, it only serves the Iress platform. Both the CFD equity margins and the LimeFX base rate begin at 3%. Here, the Standard Account is oriented solely towards the Iress trading platform.

Risk Warning – Trading CFDS, FX and Cryptocurrencies involves a high degree of risk. You should consider whether you can afford to take the risk of losing your money. Operating for over a dozen years, LimeFX is Australia’s longest operating CFDs broker. The broker is also the leading CFDs broker in the country with the exit of MF Global from the CFDs industry.

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Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result. LimeFX STP account are a Forex brokerage model that involves sending client orders directly to the market without passing them through a dealing desk. A LimeFX STP account is considered to be more of a hybrid of the LimeFX and market maker models.

You can deposit funds from PayPal with any of the following currencies; AUD, CAD, EUR, GBP, HKD, JPY, SGD, and USD. Accounts via MT4 and MT5 have no transaction fees, but Iress accounts have a 2% transaction fee. PayPal allows you to add funds to your LimeFX account instantly. The other high priority for the company is providing security and safety with regards to trader funds.

The tool provides valuable market insights and trading infrastructure. This tool permits users to have one portfolio manager account managing all their other accounts. The MAM can be customized according to the client’s trading strategies and other preferences. Having a MAM also gives users the power to choose the trading conditions in terms of commissions, currency, and fees. Some withdrawal fees are out of the control of LimeFX and may be due to 3rd party payment providers and your account base currency. A contract for difference allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it.

As a result, LimeFX is bound by law to provide fair access to markets and to protect the data and funds of their traders. Before trading through a platform, establishing their legitimacy is essential. While a legitimate company might offer you great opportunities, many illegitimate platforms exist to scam aspiring traders. Our exhaustive research into LimeFX allows us to say with complete certainty, though, that LimeFX is a legitimate forex and CFD brokerage.

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By adhering to regulatory laws, LimeFX provides traders with safe access to all sorts of assets. This includes forex, cryptocurrency, indices, commodities, options, and ETFs. While the ascending account types offer some valuable advantages, all customers enjoy the excellent essential features of an LimeFX account.

Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value. Traders can follow the markets and make wise investment decisions on LimeFX by using the news to help form a strategy when it comes to choosing investments. A LimeFX news trading strategy​​ involves trading based on news and market expectations, both before and following news releases.

In most cases, prices are coming straight from the liquidity provider / exchanges. They offer their traders both LimeFX execution and Direct Market Access with CFDs. This allows them to provide a highly refined trading experience with near instant execution and razor thin margins. The most impressive part with this broker is the LimeFX pricing and low spreads for forex and indices.

LimeFX live chat support is a way for customers to obtain help from LimeFX through an instant messaging platform. It happens at a one-to-one level, often via the company’s website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Livechat is great if you require a reponse to your support request withing 15 minutes. A LimeFX stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price .

It is approved by top regulatory bodies including the Australian Securities and Investment Commission and Cyprus Securities and Exchange Commission. LimeFX has won over 35 awards, including the Best Global Forex Value Broker in 2019 and limefx broker reviews Australia’s Most Intelligent Solution Provider in Forex Trading in 2020. LimeFX is a good trading platform for new traders as LimeFX offer a good range of educational resources, good support options as well as a demo account.