To deliver on this successfully, IG has adopted the time-honored adage, « go big or go home » because it can. Low spread costs, an emphasis on customer service and education, actionable research, and functional user interfaces make this broker well-suited to compete in limefx company reviews the online forex broker market. LimeFx is a great option for traders who are looking for low-cost forex brokers. Beyond its excellent pricing, LimeFx delivers access to both MetaTrader 4 and MetaTrader 5, as well as cTrader and its own copy trading platform.

  1. Methods like Credit Card, Debit Card, Neteller, SticPay, Virtual Pay, Rupee Payments, and PagSmile fund your account in an instant but methods like Bank Transfers require 1 business day to complete the transaction.
  2. They not only praised the tight spreads it offers but also the trading platforms it provides.
  3. LimeFx is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC).
  4. This diverse account offering ensures inclusivity and flexibility for traders of varying experience levels and preferences.

You’ll be able to trade popular cryptocurrencies such as Bitcoin and Ethereum at attractive commissions. The offers that appear on this site are from companies that compensate us. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you. The forex markets exist as spot markets, as well as derivatives markets, offering forwards, futures, options, and currency swaps. For experienced traders, LimeFx is the superior choice, offering a wide range of CFDs and advanced educational resources.

Tighter spreads

Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Headquartered in Sydney, Australia, LimeFx (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.

Fusion Markets is also regulated by ASIC, providing a similar level of trust and security. However, it lacks additional regulation from another reputable regulatory body. Our rigorous data validation process provides our readers with quality data they can trust.

What Broker is Superior For UK Forex Traders?

In our analysis of 23 international regulators across 62 of the best forex brokers, Interactive Brokers is considered Highly Trusted, with an overall Trust Score of 99 out of 99. LimeFx is considered Trusted, with an overall Trust Score of 87 out of 99. For more in-depth information on low spreads, you can visit our lowest spread brokers https://limefx.group/ page. LimeFx is the winner because it offers a more comprehensive range of services, from lower spreads to superior educational resources. The table below summarises the key information leading to this verdict. LimeFx offers a comprehensive suite of educational resources, including webinars, eBooks, and video tutorials.

We and our partners process data to provide:

Pepperstone is ideally suited to traders who want a manageable range of low-cost offerings, multiple choices of user interfaces and account types, and efficient customer support. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker’s commissions and fees, we found that Interactive Brokers offers better pricing overall for traders. Interactive Brokers is a highly trusted multi-asset broker with an extensive offering of tradeable global markets. It delivers competitive fees and high-quality research and education, as well as a modern, institutional-grade trading platform suite.

Saxo Bank has operated in the United Kingdom since 2006 through its subsidiary Saxo Capital Markets U.K. Ltd (SCML) and, like many forex brokers, it doesn’t accept U.S. traders. This review of LimeFx is grounded in Compare Forex Brokers’ rigorous and transparent methodology, as detailed on our methodology page. We evaluated LimeFx across multiple critical performance metrics, including trading costs, platform usability, customer service, regulatory compliance, and the breadth of market offerings. Our assessment also considered unique features that set LimeFx apart from competitors like Plus500, OANDA, and eToro. By comparing LimeFx against these industry benchmarks, we aim to provide traders with a comprehensive and unbiased view of where LimeFx stands in the competitive forex brokerage landscape.

A wide range of mobile trading apps are available across the globe – some of which are developed in-house by online brokers, while some are developed by third-party developers. Ultimately LimeFx ranks #22 of the 62 brokers graded across our platforms & tools category. 77.11% of retail investor accounts lose money when trading CFDs with this provider. LimeFx offers mobile trading apps for both Android and iOS devices, providing traders with convenient access to the markets while on the go.

LimeFx allow their clients a series of ways to fund/withdraw from their accounts. This section of the review will discuss the methods of deposit and withdrawal offered by LimeFx. LimeFx allow its traders to trade both share CFDs as well as indices.