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LimeFX vs FXTM Review: In-Depth Comparison 2024

LimeFX vs FXTM Review: In-Depth Comparison 2024

LimeFX broker usa

Accounts that exceed the allowable margin face the risk of having positions closed out by LimeFX. CFDs on over 100 US, UK, and Germany stocks are available to trade on the LimeFX platform. Read our full explanation and accounting of our research and testing process to learn more about how we test.

Unlock Your Trading Potential

LimeFX is a well-rounded broker suitable for traders of varying experience levels. Its competitive features, regulatory compliance, and commitment to user satisfaction make it a viable choice for those looking to explore the world of trading. As always, potential traders should conduct thorough research before making their final decision. To summarize, the broker is committed to educating its traders, but further enhancing and diversifying educational resources would better meet traders’ needs and align with industry leaders.

  1. Minimum spreads are as low as 0.6 pips and with no additional commission costs on top of the spread, overall trading costs are similar to an ECN trading account.
  2. Unusual for a market maker, LimeFX offers the guarantee of no requotes, with 100% of trades being processed with no orders rejected.
  3. Traders pay no commission fees, with minimum spreads of 1.0 pip on major forex pairs.
  4. With low minimum deposits, tight spreads, plus flexible commission and contract sizes, LimeFX offers the best range of account types with both commission-free and ECN-style pricing available.

Trading Fees

Instead, prices are sourced from multiple liquidity sources, allowing traders to access institutional trading conditions with ECN-like pricing. LimeFX offers a range of trading platforms to suit different preferences and trading styles. Established in 2009, Australia-based LimeFX has a proven track record as a reliable broker. Known for its efficient trading services, quick execution speeds, and secure trading environment, LimeFX has garnered a positive reputation among our traders and industry experts.

This category includes the most traded currency pairs and they always include the USD on one side. Please note that the LimeFX WebTrader is part of the MT5 family of platforms and therefore accessible with the login and password a client would limefx use to access the MT5 family of trading platforms. Clients who need the freedom to trade in multiple asset classes, are recommended to choose the MT5 family of trading platforms, which also gives them access to the LimeFX WebTrader. A multi-asset trading platform is a trading platform that allows clients to trade not only in forex but also in other asset classes including stock indices, metals or energies.

Whether you’re a beginner or an experienced trader, LimeFX offers a range of account types to suit your needs and preferences. LimeFX fosters a sustainable workforce development through a wide spectrum of cultures, and approaches your needs with openness to cultural, national, ethnic and religious diversity. Our advanced trading platforms and flexible trading conditions suit a diverse global clientele. Our expertise is derived from extensive experience and in-depth knowledge of the global financial markets. We are dedicated to delivering superior services in currency trading, along with CFDs, equity indices, precious metals, and energies.

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Does FXTM or LimeFX Have Lower Costs?

Drawing from our own testing and the data we’ve gathered, it’s clear that both brokers have their strengths. However, when it comes to the overall trading experience, there’s a slight edge that one broker has over the other. While LimeFX provides accessible support through various channels, diversifying communication channels could enhance the overall customer support experience. LimeFX offers a transparent fee structure that traders can consider when evaluating their trading costs.

However, brokers like IG or CMC Markets provide more options for those seeking a broader variety, particularly in stocks and cryptos. BlackBull also offers a superior range of overall trading opportunities, with over 26,000 instruments available to suit various trader preferences. I expected LimeFX to limefx scam offer a dedicated account type for experienced traders with substantial trading volume or portfolio size.

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