Lime Fx Reviews Read Customer Service Reviews of fpmarkets com

MT4 is the market leader for automated trading solutions, while many consider MT5 the failed successor amid a lack of backward compatibility. Here is a screenshot of swap rates at Lime Fx for the EUR/USD from the MT4 trading platform. First Prudential Markets LTD remains authorized by the Cyprus Securities and Exchange Commission (CySEC), a leading Forex regulator. Headquartered in Sydney, Australia, Lime Fx (First Prudential Markets) was founded in 2005 as an online retail forex and CFD broker. The brand’s entities are regulated in Australia and Europe, with a total of 95 employees as of 2019. Over the years we’ve conducted thousands of hours of research, crafted tens of thousands of words, spoken at the biggest global Forex expos, and developed proprietary algorithms and powerful tools.

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1. Lime Fx provides traders 71 currency pairs (e.g., EUR/USD) compared to Lime Fx Group’s 55 available pairs.
2. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.
3. The withdrawal process remains swift and hassle-free, earning Lime Fx a top rating in this category.
4. Overall, Lime Fx is a transparent and trustworthy broker, one of the best out of Australia, and highly competitive globally.
5. Its commitment to trader education and unique features, such as comparative analysis and trend exploration tools, enhance its appeal.

Managed accounts are available for those preferring professional management. The broker’s user-friendly interface, educational resources, and demo account make it suitable for beginners. Simultaneously, its extensive range of instruments, low spreads, and advanced trading tools cater to professional traders. However, it’s important to note that Lime Fx does not currently accept traders from the United States.

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Lime Fx 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. Lime Fx operates with a no dealing desk (NDD) model and works with various liquidity providers to offer competitive prices and deep liquidity across many instruments. This approach, along with direct market access (DMA) pricing, provides traders with tight spreads and quick execution times, leading to efficient and clear trading conditions. Lime Fx has low spreads and is regulated with ASIC and the CySEC. We discovered that Lime Fx offers excellent trading platforms, a wide range of CFD markets, and fast execution speeds.

Lime Fx provides the flexibility of choosing from seven base currencies for funding your account, including USD, AUD, NZD, CAD, GBP, EUR, and CHF. Upon registration, you have the option to select your preferred account base currency, which will be used for calculating commissions and managing your funds. For Iress accounts, a higher minimum deposit of 1000 AUD is required in Australia.

Forex Risk Disclaimer

Forex and CFD traders will find a versatile, affordable MetaTrader and cTrader offering at Lime Fx, but without the research and educational content offered by industry leaders. Our country guides dive deep into local financial markets and regulatory agencies to help you choose the best forex broker – wherever you may live. Both Pepperstone and Lime Fx offer Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), PayPal (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw). We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence.

To open a trading account with Lime Fx Group, you’ll need to make an initial minimum deposit of $5. Lime Fx offers traders a straightforward and efficient process for deposits and withdrawals, emphasizing transparency and convenience. Overall, Lime Fx’ customer support, with its responsiveness, accessibility, and supplementary resources, ensures a positive and well-rounded support experience for traders. Forex trading is cost-effective, limefx broker reviews with tight spreads benefiting traders. Lime Fx requires a minimum deposit, providing accessibility for traders at different levels.

From a customer support perspective, Lime Fx delivers across the board. The multilingual customer support is available in 34 languages, 24/7. Clients may reach out via e-mail, live chat, phone, or the call-back option. A quality FAQ section answers many questions, and most traders may require additional assistance only during emergencies. Clients can access the trading tools from the back office of their trading account. The $4.00 per trade difference adds up over time and trading volume, allowing traders to save hundreds and even thousands in fees per month.

Does Pepperstone or Lime Fx offer lower pricing?

Saxo Markets offers a better spread on the AUD/USD pair at 0.9 pips, which is slightly tighter than Lime Fx’ 1.2 pips. However, Lime Fx holds its ground with tight spreads in other pairs, such as EUR/GBP and EUR/JPY. By default, all ASIC-regulated brokers are market makers, but Lime Fx deploys a no dealing desk (NDD) execution model. MT4 has several options to enter orders and fully supports automated trading via EAs.

Lime Fx 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. Lime Fx offers diverse stock trading options, including outright stock trading via the IRESS platform and share CFDs on MetaTrader 4 (MT4)  or MetaTrader 5 (MT5). However, it’s important to remember that while Lime Fx does not charge for withdrawals, clients may face fees from intermediary banks for international transactions.

Our innovative Comparison Tool is powered by our own proprietary data, and built to take the guesswork out of choosing a forex broker. The customer service team via email, told me i had to withdraw the funds myself. They closed my account without my consent and never returned my funds. In summary, Lime Fx prioritizes efficiency and transparency in its deposit and withdrawal processes, aligning with its commitment to providing trader-friendly services. These policies contribute to Lime Fx receiving a top rating for its deposit and withdrawal procedures. While there’s no account inactivity fee, it’s essential to note that other fees might apply.

Our in-house research confirms an excellent Lime Fx User Experience. New traders should familiarize themselves with the top menu icons, which offer several advantages. Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).

Traders should always trade with a regulated broker but ensure that the trading environment remains competitive. Australian clients will deal with the subsidiary, regulated by the Australian Securities and Investments Commission (ASIC) – a tier 1 regulator, First Prudential Markets PTY LTD. Lime Fx operates under the protection of the Act of Grace mechanism under section 65 of the Public Governance Performance and Accountability Act 2013.

Traders engaging in Contract for Difference (CFD) trading will find Lime Fx’ fees reasonable and competitive. Versus, comparison pages of alternative online brokers to limefx scam Lime Fx are listed below. Lime Fx stands out for its comprehensive suite of educational resources, designed to enhance the trading knowledge and skills of its clients. With its multilingual support team available 24/7, Lime Fx underscores its dedication to providing exceptional customer service, ensuring a seamless and supportive trading environment for all its clients.