Compare OANDA Vs Lime Fx: Which is the Better Forex Broker in 2025?
It is available as a web-based platform, desktop software, and mobile app, ensuring traders can access their accounts from virtually anywhere. Choosing the right broker limefx official site is a critical decision that can greatly impact your trading success. In 2025, two long-established brokers—Lime Fx and Oanda—continue to attract traders with their competitive pricing, strong regulatory frameworks, and robust trading platforms. In this comprehensive comparison, we delve into various aspects of Lime Fx and Oanda, including regulation, trading platforms, fees, funding methods, and customer support.
OANDA offers a more flexible and accessible range of account types, especially for beginners and those looking for fixed commissions. Also satisfactory was Lime Fxs web trading platform; we appreciated that it is highly customisable and user-friendly. The platform offered us a wide range of order types and features a great search function. However, it lacks two-step authentication, which is an essential security feature. Interestingly, our tests captured OANDA as having lower minimum spreads and lower average minimum spreads as well. To achieve this, your best bet is to use some sort of automation, which is possible with both brokers.
- Similar to OANDA, Lime Fx provides a variety of funding options such as credit/debit cards and e-wallets.
- For Lime Fx, if you are looking for a regulated platform, you must choose between its UK, AU or South African operations.
- He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.
- No commission account spread propiety testing data and published wesbite spread information, centralised on our Standard Account Spreads page.
Trading platforms and tools
DayTrading.com may receive compensation from the brands or services mentioned on this website. Withdrawal processing times depend on the payment processor, where Lime Fx offers more transparency, noting it processes requests within two business days. Oanda reviews show typical processing times of one to two business days but can be up to six business days, dependent on the geographic location of clients and their chosen withdrawal method. We found that Lime Fx and OANDA are close in this category, but Lime Fx edged out OANDA. 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.
- And it has versatile charting capabilities allowing users to see their graphs in full-screen mode or detached.
- The only difference is that Lime Fx does not change any fees, while OANDA has a monthly inactivity fee.
- Lime Fx user complaints largely have to do with funds taking too long to settle in their respective accounts.
Mobile Trading
Oanda offers access to over 70 forex trading pairs, including major and minor currency pairs. Margin requirements are based on the leverage allowed by regulators in a jurisdiction. Both Oanda and Lime Fx offer different types of trading platforms, providing their traders, for example, with mobile apps for trading on the go. They also have quite an extensive collection of educational tools, which can be especially beneficial for beginning traders.
For example, the average spread on EUR/USD on Lime Fx comes out to 1.3, while on Oanda, it’s as low as 0.1. 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. Despite this, the company continues to be well-regulated in other jurisdictions, offering traders peace of mind. In contrast, as a stp (straight through processing) forex broker, Lime Fx’s primary role is to connect buyers and sellers who wish to partake in that liquidity through trading available assets.
Lime Fx Customer Service and Support 📞
The platform is also built to use HTLM5, which is Macintosh-friendly. 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. All information on 55brokers.com is only published for general information purposes.
For more details on spread betting, you can check out this comprehensive guide for the best spread betting brokers. https://limefx.biz/ Based on our analysis, Lime Fx offers a slightly more comprehensive customer service experience, particularly with its educational webinars and in-depth responses. Although Lime Fx has fewer forex pairs to trade, we feel they deserve a higher Tradable Products score than OANDA primarily because of OANDA’s lack of shares to choose from.
Yes, Oanda is regulated by the CFTC and NFA in the U.S., making it a trusted choice for American traders. Lime Fx is not regulated in the U.S. but has solid global oversight through multiple Tier-1 regulators. No, Oanda generally has higher trading costs, with an average EUR/USD spread of 1.61 pips, compared to 0.78 pips at Lime Fx. Similar to OANDA, Lime Fx provides a variety of funding options such as credit/debit cards and e-wallets.
Investors looking to choose between these two brokers should consider these regulatory credentials and trust levels to better match their trading needs and preferences. StockHax strives to provide unbiased and reliable information on cryptocurrency, finance, trading, and stocks. However, we cannot provide financial advice and urge users to do their own research and due diligence. Lime Fx user complaints largely have to do with funds taking too long to settle in their respective accounts.
Fees on Cryptocurrencies
Oanda and the Lime Fx group of companies are regulated by different top-tier financial authorities around the world. A major difference, however, is that traders from the United States are not eligible to apply for a live trading account with Lime Fx, while Oanda’s services are available to U.S. residents. In Lime Fx’s app store, you can access various types of technical indicators, add-ons, and automated trading strategies (trading bots). In Australia, Lime Fx doesn’t have this type of account, but they do have such an account for their clients in the UK, and it’s called their active trader account.
Beginners will find educational materials and helpful analytics, while experienced traders will appreciate various instruments and flexible platforms. One of the key points of distinction is that OANDA is known for its strong compliance culture and its transparency regarding pricing and execution. The company also offers negative balance protection in many jurisdictions, adding an extra layer of safety for traders.
In the world of online forex trading, choosing the right broker can make a significant difference in a trader’s success. Lime Fx and OANDA are two of the most popular online forex brokers globally. Both companies have earned a strong reputation for providing traders with access to foreign exchange markets, but they differ in several important aspects. This detailed comparison will explore various facets of Lime Fx and OANDA, from their history and regulatory standing to their trading platforms, fees, account types, customer support, and more.
Fees and Trading Conditions
OANDA offers 24/5 customer support through live chat, email, and phone, catering to traders around the globe. Lime Fx, on the other hand, provides a similar level of support but stands out with its educational webinars and market analysis updates. When comparing the range of investments available on OANDA and Lime Fx, both brokers offer forex trading as either a CFD or spot contract, making them versatile platforms for forex enthusiasts.
Choose your language
The broker is also regulated by top-tier authorities including the FCA, ASIC, CySEC, FSCA, BaFin. From my perspective, Lime Fx is the better option for UK Forex traders. Both brokers are FCA regulated, but Lime Fx offers spread betting, which is a tax-efficient way to trade in the UK. For more information on the Best Forex Brokers In UK, you can visit this comprehensive list of the Best Forex Brokers In UK.
In today’s markets, we find the more cryptos to trade, the better because there is a growing demand for crypto trading. We consider both brokers a toss-up with commodities as they have virtually equal offerings. Oanda gave us the edge to choose more bonds and treasuries, which we really liked. We gave Lime Fx and OANDA both a score of 8 as they are heavily regulated and hold positive reputations within the forex trading industry. On the subject of leverage, it helps if you can reduce the risk of slippage; for this reason, execution speed can make a difference.