Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms.
In summary, Lime Fx offers a straightforward account opening process. While there’s no account inactivity fee, it’s essential to note that other fees might apply. The content on this site is for educational purposes only and should not be considered financial advice.
- Its clients benefit from competitive trading conditions, including low spreads, fast order execution, no strategy restrictions, raw pricing, and more.
- To open a swap-free account, clients must first register for a MetaTrader account and then submit a request to the Lime Fx support team for account conversion.
- They use advanced security measures to keep your data safe, like encryption and secure storage.
- All websites and web-based platforms are tested using the latest version of the Google Chrome browser.
- UK government bond yields (GILTs) spiked higher at the open today, reflecting an intensification of heightened fiscal concerns that continue to weigh heavily upon investor sentiment.
- Lime Fx supports MT4, MT5, and c Trader across web, desktop, and mobile, catering to manual and algorithmic traders.
Founded in 2005 in Sydney, Lime Fx has grown from a local Australian broker to a global operation serving traders across 170+ countries. During our testing, we verified their 250+ employee workforce and confirmed founder Matt Murphie still serves on the Board of the Australian FX Association. Use the volume comparison below to evaluate which broker, Lime Fx or Pepperstone, handles more trading activity. Higher volume may indicate better liquidity and potentially tighter spreads during active trading hours.
Other useful tools include Trading Central, TradeMedic, AutoChartist, Toolbox (12 online trading tools through MT4/5), MyFXBook and Signal Start. They offer 12 cryptocurrency CFDs including the major cryptocurrencies such Bitcoin, Ethereum, limefx reviews Ripple etc. They offer 15 Index CFDs, including popular choices like the US100, US500 and UK100. Additionally, 8 indices can be accessed through Direct Market Access (DMA), such as the Nasdaq 100 E-Mini, DJIA E-Mini (CBOT), Mini SPI 200, Nikkei 225 (CME), DAX Index, SPI 200, S&P 500 E-Mini and Euro Stoxx 50.
Does Lime Fx offer a demo account?
Processing is typically completed within one business day, but the actual transfer times vary by method. E-wallets are usually the fastest, while bank transfers may take one to five business days, and credit/debit card withdrawals typically require two to five business days. The Standard account is designed for beginners and intermediate traders, offering commission-free trading with competitive spreads from 1.0 pip for Forex and Metals. Lime Fx offers over 290 ETFs for diversified investment portfolios. Lime Fx processes withdrawals only to accounts in the trader’s own name and may choose the cash-out method at its discretion. All requests require account verification, and third-party payments are not accepted.
Deposits are credited in the base currency selected during account setup, with multiple currency options supported, including AUD, USD, EUR, GBP, and others. Copy trading in forex is a method where traders can automatically replicate the trades of experienced and successful traders in their trading accounts. This approach allows less experienced traders to benefit from the expertise of seasoned traders without needing to actively manage their trades.
By comparing limefx reviews spreads across different currency pairs, traders can identify which broker provides more cost-effective trading conditions. Lime Fx maintains a highly transparent and cost-efficient fee structure, making it an appealing option for both novice and seasoned traders who prioritize clarity and affordability. The broker provides detailed and easily accessible information on spreads, commissions, and swap rates, allowing clients to understand and manage their trading costs with confidence. Lime Fx offers an integrated copy trading feature through its MetaTrader 4 and MetaTrader 5 platforms, allowing users to easily discover and follow top-performing traders. The platform enables full automation of trade replication while still giving users the flexibility to control and adjust their settings at any time.
Forex Fees
This is especially helpful for pressing problems needing quick response. Traders and investors also able to trade the Mexican Peso (MXN), Brazilian Real (BRL), and South African Rand (ZAR) against the US Dollar through the MT4 & MT5 Trading Platforms. The additional offering increases the total number of currency pairs available to trade at Lime Fx. For its MT4 or MT5 accounts, Lime Fx does not impose a monthly or annual account fee.
Lime Fx Features
- If you find any inaccuracies in our review, please contact us for immediate correction.
- First Prudential Markets (popularly known as Lime Fx) stands as a beacon of versatility, serving both novice and seasoned traders.
- So, you can trade with confidence, knowing there’s a safety net if you need it.
- The broker does not charge any deposit fees, though your bank or processor might.
- You can access the AUS200 cash index, where each point of price fluctuation represents AU$1.
- Bonuses are limited, but the broker offers a CPA affiliate program with payouts up to $800 per referral.
However, our content is written independently, based on hands-on experience, research, and a strong commitment to transparency. We only recommend platforms or tools we genuinely believe can bring value to our audience. Compensation never influences our evaluations, rankings, or opinions. Spreads start from 0.0 pips on the Raw account and from 1.0 pips on the Standard account, offering competitive pricing for both retail and professional traders.
Lime Fx has been reviewed by 9,175 Trustpilot users, giving the broker an Excellent score of 4.9/5 as of September 2025. As many as 94% of all clients gave the broker a score of 5 stars, while only 2% of reviewers rated it with 1 star. Downloaded the app and jumped into MT5 with high leverage, yet noticed slippage and wider spread during news spikes.