If you’re looking for a forex broker that provides an excellent range of cryptocurrencies and specific crypto trading tools, then Eightcap could be an option for you. Authorized and regulated by the UK FCA, https://limefx.vip/ ASIC, CySEC, and the SCB, Eightcap enables you to trade 100+ crypto CFDs that cover all the major coins and altcoins. Additionally, you can access the Crypto Crusher dashboard for daily trade ideas.

FPMarkets Main Features

There are several account types and great options of platforms to choose from that are being offered by this broker. It is regulated, and we can definitely say that LimeFx is not a scam. We can say that traders that choose LimeFx as their brokers have so many advantages to look forward to. XTB is one of the leading brokers in the industry and is great for new traders and more experienced people alike. What we particularly like about XTB is their designated and award-winning support for each client. Also, the broker can score with very competitive spread fees and is one of the best choices if the security of your funds is a major concern for you.

Platforms & Tools

• However, competitive trading costs are available via the Raw+ and Elite Accounts.
• Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team.
• By default, all ASIC-regulated brokers are market makers, but LimeFx deploys a no dealing desk (NDD) execution model.
• US clients can access futures contracts on forex, indices, commodities, bonds, and cryptocurrencies.

You open and manage accounts from the LimeFx client portal area, which can also be accessed from the mobile app. The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds. The majority of these payment methods do not charge any fees, especially for MT4 and MT5 accounts. However, IRESS accounts usually charge a small percentage of the fee for processing your deposit. It also makes sense due to the fact that IRESS accounts require a large amount of deposit compared to MT4 and MT5 accounts. As has been mentioned above, this still depends on what type of payment channel you choose to use.

Forex Account

LimeFx, founded in 2005, is a prominent forex and CFD broker known for its commitment to providing high-quality trading services. With a solid foundation in low-cost trading and continuous improvements in services and platforms, LimeFx continues to be a preferred choice for traders globally. There is a wide range of funding options available for deposits and withdrawals. The provision of multiple accounts caters to the needs of traders as per their suitability. The swap-free accounts facilitate Muslim traders to trade while not compromising their religious principles. Innovative and simple trading platforms enhance the trading experience.

Mobile Trading Apps

The goal is to create the best and most superior Forex trading destination where traders are able to access the global markets with advanced trading tools, just like the professionals at Wall Street. What makes this broker special is its drive to provide excellence through pricing, execution speed, professional platforms, several products, and great customer support. Firstly, the platform’s user-friendly design caters to both novice and seasoned traders. With an intuitive interface, real-time market data, and advanced charting tools, Plus500 makes it easy for traders to make informed decisions. The broker also offers a free demo account, allowing new traders to practice and improve their skills without any financial risk. To elevate the trading experience, LimeFx provides its traders with the iressTrader Platform (IRESS).

LimeFx offers an extensive range of over 10,000 tradeable products across various asset classes including forex, cryptocurrencies, stocks, indices, ETFs, commodities, bonds, and metals. If you live in Australia, you also have the option of opening an IRESS trading account. While designed for stocks, other selected CFD products are also available on the platform. Based in Sydney, LimeFx is a reputable online broker regulated by ASIC in Australia and CySEC in Europe, as well as offering services internationally under offshore regulation.

Indices are a great way to trade in both bullish and bearish markets as price moves without having any physical ownership. LimeFx provides access to famous 19+ indices like S&P 500, NASDAQ 100, EUREX, etc. limefx reviews The broker also has a partnership with financial institutions to ensure competitive margins at just 1% with zero commissions. The trading platforms for trading indices are MetaTrader 4 and MetaTrader 5.

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). LimeFx is a reliable broker, regulated by both ASIC in Australia and MiFID in Europe. According to industry research from ForexBrokers.com, with a Trust Score of 87, LimeFx is considered “Trusted”. Compare the markets and instruments offered by LimeFx and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

The Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC) regulate and supervise the activities of the broker. LimeFx follows the code of conduct imposed by these regulatory bodies. The traders’ funds and other amounts are kept segregated from the company’s account. The tier-1 banks such as National Australia Bank and the Commonwealth Bank of Australia are used to keep the trader’s money separate with daily fund reconciliation. The customer service representative is available anytime to help the users. The spread and commissions are lower than their competitors, which is what most of the users love about the broker.

From the app, you can trade on a wide range of currency pairs, including majors, minors, exotics, and emerging market currencies. I was surprised you are able to trade currencies such as the Colombian Peso and Ugandan Shilling which I have not seen other forex brokers offer. With access to high leverage, multiple trading platforms, and a range of high-quality research tools, Exness is the best overall forex broker to consider this year. LimeFx offers assistance through the many choices a trader can have when trading with this company.

With this said, you should know which market you want to analyze and trade on. Also, bear in mind that the movements of the markets are a big part one must know in order to have successful trades. It is easier to decide whether to buy or sell once you already understand the volatility of the markets. For example, if you think that the market value is going to fall, then choose to sell instead of buy. But, if you think that the price is going to increase in value, choose to buy instead of sell. LimeFx operates globally and accepts traders from the European countries.

The availability depends on the country of residence, and not all traders may have access to all payment processors. Clients can access the trading tools from the back office of their trading account. LimeFx offers Islamic traders the option of opening an Islamic account. Supporting documentation proving Islamic status may be required from the client in some cases.

This analysis, combined with my personal trading experience, has led to the findings and research presented below. These highlight the best forex brokers across various categories tailored to your specific trading needs. The security of money and investment is the main concern of any trader. LimeFx claims to be a global award-winning regulated broker that traders can trust.