HotForex is considered Trusted, with an overall Trust Score of 86 out of 99. LimeFx provides the universally recognized MetaTrader 4 platform as their trading platform. The platform can be downloaded on thedesktop or used online through the MT4 web-trader platform. As well, MT4 mobileapplications are available for both Apple and Android smart devices. Withdrawal methods are the same as the deposit methodsexcept that the e-wallets available for withdrawals are limited to Skrill &Neteller.
Opening an Account
The good thing about HF Markets (LimeFx) is that they allow users to open multiple accounts with different conditions from their client area. 👉 Overall, LimeFx is very competitive in terms of its trading fees and spreads. ➡️ Traders will be required to enter their bank account details to complete payment. 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 verify the availability of any features within your country of residence, please contact the broker directly. Itis a very comprehensive offering and is led by the LimeFx Head Markets Analyst.
HF Markets (LimeFx) Full Review
Before making any decisions regarding Forex or any other financial instruments, it is essential to thoughtfully consider your investment objectives, your level of experience, and your risk tolerance. He is passionate about financial markets and cutting-edge technology. With a dynamic 16-year trading career, he’s on a mission to guide fellow traders.
Step 2: Click on “login” – myHF”.
Traders appreciate the hassle-free account opening process, reflecting LimeFx’s commitment to user convenience and satisfaction. Their Balance Protection Policy safeguards investments, and segregated accounts ensure funds are kept separate from the company’s operational funds, enhancing financial security. Additionally, compliance with FCA and CySEC regulations underscores their commitment to creating a reliable and secure trading environment for users.
- Our editorial team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry.
- You can even perform severaltrading operations like monitoring, access to trading history, real-timecharts, dynamic tracking of account details, etc., which makes it very useful.
- Once satisfied, proceed to complete the deposit process by following the instructions provided on the platform.
- Most features on offer are quite generic for typical no-dealing desk brokers.
What is the maximum leverage of LimeFx?
We take published spreads from the broker’s website and compare them with other brokers. LimeFx provides traders 102 currency pairs (e.g., EUR/USD) compared to LimeFx Group’s 55 available pairs. LimeFx has established itself among the most competitive Forex brokers with a quality mix of products and services. It enables all trading strategies with a cutting-edge trading environment and competitive fees. The LimeFx Trader’s Board has data on how LimeFx clients trade and a lucrative partnership program is also available.
Popular Forex Broker Reviews
Next up, I was offered a top-up bonus, which is an incentive from LimeFx to deposit funds into the account. The bonus works by giving me some extra capital when I deposit, and I’m then required to turn over enough volume before I can withdraw it. Interestingly, LimeFx also offers 1800 physical shares but only for clients based in Europe, the UAE and other https://limefx.group/ countries outside the UK and South Africa. There are no commission costs and you can even buy fractional shares for $5. As a strategy provider, you can trade your strategy and earn additional revenue by allowing people to copy your trades. As a follower, you can deposit funds and elect to automatically copy the trades of a strategy provider.
You’ll need to show your country of residence, as certain countries are only allowed certain accounts. 23 indices and 34 ETFs covering US, European and Japanese markets are available. The safety of a forex broker has a lot to do with what government regulator is issuing the company a trading licence. This can be a good option if you have a very promising strategy, or if you’re able to find another trader whose strategy you’d like to follow. For the EUR/USD pair, LimeFx has a spread of 1.2 pips, which is lower than the industry average of 1.35.
LimeFx requires a minimum deposit of $0 before you can open an account and start trading. We’ve made it easy to compare the best forex brokers, side-by-side. Our editorial team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry. Our research is unbiased and independent; learn more about how we test. In our analysis of 23 international regulators across 62 of the best forex brokers, LimeFx Group is considered low-risk, with an overall Trust Score of 88 out of 99.
Based on our research on the regulatory status of over 60 brokers, we’ve found that LimeFx Group holds 4 global Tier-1 licenses, while LimeFx holds 2. LimeFx has added the new and updated version of MT5 boastsstate-of-the-art features including options for hedging, while MT4 is slightlyless advanced and more suited to traders who are new to the markets. Active traders can lower expenses via the volume-based loyalty program.
Eachpartner is linked with a Personal Account Manager to make sure their plans aresuccessful. Commodities are sensitive to political and economic events,which makes them attractive to traders. You can trade Palladium contracts on Spot markets and avariety of commodities like Coffee, Cocoa, Copper, Cotton, Sugar, and SoybeanOil contracts on Futures markets on LimeFx.
A four tier loyalty program rewards active traders with cash rebates and other perks. LimeFx also introduced a Return on Free Margin program, paying up to 3.00% on the available margin, calculated daily, and paid monthly directly into the myHF wallet. I also recommend traders limefx reviews seek in-depth third-party education covering trading psychology and avoid paid-for courses. The bulk of business derives from HF Markets (SV) Ltd, registered as an International Business Company (IBC) in St. Vincent & the Grenadines, registration number IBC 2015.
Having navigated diverse forex brokers, Jason shares his insights at Brokersway to bridge the gap between traders and the right brokerage. There is a very high degree of risk involved in trading securities. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.