Lime Fx vs Oanda in 2025 A Detailed Comparison of Top Trading Platforms

While they may not be suitable for all traders, those with the necessary experience and expertise can benefit greatly from using an ECN account. These features make Oanda a great starting point for new traders. You can begin with a small investment, learn the ropes easily, and keep more of your profits thanks to the tight spreads.

There is an obvious advantage for Lime Fx for offering at least 4 different trading platforms to its traders, while OANDA’s offer is limited to MT4 and proprietary platform. These both accounts are based on spread and are Standard and Premium account with better costs. Also, Islamic Account is meant for traders following Sharia laws with suited conditions and applicable laws available. Trying to choose between OANDA vs Lime Fx, but can’t decide which Broker is better Broker for your trading strategy? Lime Fx’s web platform features include news and an economic calendar so you can anticipate market data.

Lime Fx’s customer service is available to users 24/5 across several channels like WhatsApp, email, connect with a specialist via live web chat or phone. The broker describes its own support as friendly and professional. Oanda also lets you trade cryptocurrencies like bitcoin or Ethereum via CFDs on the Oanda mobile app or its platform. Oanda offers crypto spot trading through its partner and crypto service provider Paxos. OANDA Trade offers technical analysis tools including trade performance analytics to help you assess your trading performance. There’s also a trade journal to help you manage risk and make better decisions.

Oanda’s average spread is 1.4 versus Lime Fx’s average spread is 1.3. Oanda’s all-in-cost is also 1.4 versus Lime Fx’s all-in-cost is 0.7. Today, the “clean up Lime Fx’s reputation” project is going as well as can be expected, considering they are still not able to accept United States traders. They are now based out of London, UK (and thankfully well on the road to recovering their reputation as an online broker who can once again be trusted). No, third-party payments are not supported and violate the broker’s anti-money-laundering practices. This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation.

Lime Fx Educational Resources

🔍 Are you looking for some alternative apps for mobile trading? Unfortunately, Lime Fx gets some points deducted for the recent limefx company reviews performance of their apps. From the most recent user reviews for each app, it appears the company is in the midst of a number of app updates.

• Both brokers offer strong research and educational tools, though Oanda has a slight edge in market research.
• Numerous notifications are usually sent to you as a reminder of dormant Lime Fx and Oanda accounts, giving you sufficient time to decide on the appropriate course of action.
• Between 74-89% of retail investor accounts lose money when trading CFDs.
• In addition to its own platforms, OANDA integrates with TradingView, a popular charting and social trading platform.
• With so much experience under their belt, it’s no surprise that both online traders gathered quite a loyal network of customers, attracting both professional and beginner traders.

2. Core Account

This way, you risk none of your money and test your trading skills in a safe environment. For people with next to no knowledge of trading, we recommend fully signing up with an Lime Fx and Oanda demo account. If you own an iPhone, having an IOS Apple mobile trading app with Lime Fx or Oanda is essential. Likewise, if you have an android phone, it’s crucial to verify if Lime Fx or Oanda broker provides an app compatible with Android devices.

• Both brokers are regulated by multiple Tier-1 financial authorities, including the FCA in the UK and ASIC in Australia.
• Lime Fx provides news updates on markets like forex and cryptocurrencies as well as market data and other forex and CFD resources plus investment insights.
• Lime Fx takes the lead in this category, as it features Capitalise AI, a code-free service to automate trading strategies, and broader support for copy and social trading.
• One year after Lime Fx began its long descent into scandal, Oanda released what is still a seminal manifesto in the forex marketplace, the Forex Trader’s Bill of Rights.
• Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) for engaging in deceptive practices and failing to disclose certain material information to customers.
• Trading Station is available for use on online (web), desktop and mobile.

Lime Fx Vs Oanda Cryptocurrency Trading

Some of you might be thinking about what we mean when we say ‘trading style’. A day trader using Lime Fx or Oanda will look to open positions and close them on the same day. Day trading in this way will require a broker that specialises in this. To do this with some brokers would be a bad idea because of the commission and fees involved. Also, before you sign up with online brokers like Lime Fx or Oanda, make sure you know what you are doing. Simple advice, we admit, but we know from experience how many people decide to start trading and then ask questions later.

Is Lime Fx or OANDA safer for forex and CFDs trading?

And it has never been banned by a major regulator like Lime Fx was. For Lime Fx, if you are looking for a regulated platform, you must choose between its UK, AU or South African operations. In these jurisdictions, it is regulated by the UK’s Financial Conduct Authority, the Australia Securities and Investment Commission and South Africa’s Financial Sector Conduct Authority. The broker’s Lime Fx Markets limefx scammers arm is not subject to the same regulations as these entities.

Gain access to FX trading pairs on a mobile app or tablet device. These apps provide access to the same features as the web-based platform and are ideal on the go. MT4 on Oanda offers tailored layouts, plug-ins and an easy-to-navigate interface.

Oanda has argued that documents for funding must be compliant with regulations. Lime Fx user complaints largely have to do with funds taking too long to settle in their respective accounts. Even a “rapid transfer” feature has customers waiting for days for their deposit to arrive with seemingly no reasonable explanation. Traders may choose to do social trading on Lime Fx via ZuluTrade, where you can copy the trading strategies of the pros.

This comprehensive comparison between Lime Fx and OANDA will explore several aspects such as their history, trading platforms, fees, regulations, customer support, and more. The hugely respected brand offers competitive trading accounts and serves clients from 196 countries. It remains a popular option with both beginners and experienced traders thanks to its user-friendly and sophisticated web platform, no minimum deposit and premium currency products and services. The company is also overseen by reputable regulators, including the FCA, ASIC and CIRO. For more experienced traders or those with a higher trading volume, the Active Trader Account offers additional features such as lower spreads and access to advanced trading tools.

But don’t worry – I’ve done the legwork to make your choice easier. In this no-nonsense comparison, we’ll break down everything you need to know about these two popular brokers. While both brokers are doing great in terms of their traders’ safety, we have to say that in this case, Oanda takes the crown – mainly because it is regulated by more entities compared to Lime Fx.