If you ever need anything or have any questions, please don’t hesitate to reach out. Today, the broker has more than 3.5 million client accounts, making it one of the larger and more established online brokers. Professional traders are permitted to set performance fees up to a 35% split of profits. The pattern recognition tool can help identify potential trades along with set-up guidance.
- Other good features we think are worth noting include being regulated in 6 different countries or regions.
- In order to proceed with the Withdrawal, you should access your myHF area and submit a Fund Withdrawal request.
- We take your concerns seriously and would appreciate the opportunity to investigate further.Please provide us with more details regarding your issue so we can address it promptly.
- LimeFx offers two interesting types of accounts which differ from the traditional trader and retail investor accounts.
- However, this is competitive and lower than alternative brands like XTB which has a $10 charge.
The dashboard offers client sentiment data on major currency pairs. You can view long and short position splits and volumes traded by peers. After testing HF Markets, I would recommend the Premium account for beginners, with no minimum deposit requirement, zero commissions, and reasonable spreads from 1.4 pips. HF Markets offers three live accounts, with trading conditions to suit different strategies, budgets and experience levels; Premium, Premium Pro, and Zero. Our experts were pleased to see a swap-free Islamic account is also available for Muslim traders. Traders can utilise MT4, MT5, and the LimeFx App trading platforms with the LimeFx Top Up account.
Education & Analysis
The app has been rigorously tested for its global audience, and the firm claims that you will enjoy seamless trading within a single application. Its extensive portfolio should include any item you might https://limefx.biz/ want, from stocks to indices and even ETFs. You will have what is called Direct Market Access to derivatives in stocks, where you can interact with the order books of global equity exchanges.
Overall, LimeFx is a well-established customer-oriented broker with secure, regulated trading environment suitable for almost every trader. Still, trading costs at LimeFx are slightly above the industry average. HF Markets SV Ltd owns and operates LimeFx companies and websites in St. Vincent & the Grenadines, Seychelles, South Africa, and Cyprus. It offers CFD trading in 3500+ trading instruments, including forex, metals, energies, stocks, indices, ETFs, bonds, commodities, and cryptocurrencies. The firm also offers traditional stock investing, where you may invest free of commissions and have dividends deposited directly to your account.
Three are aimed at beginner to intermediate traders, with a separate pro account designed for more experienced traders. Just note that some accounts are only available in certain countries. LimeFx offers a wide range of tradable markets, including forex trading, stocks, indices, bonds, commodities, ETFs, energy products, and even crypto CFDs. The company offers both dealing desk and non-dealing desk trading, depending on the specific account type you choose to open. Limit and stop levels start from 2 pips, and traders canbegin trading with as little as $100 for the minimum deposit.
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. Traders can access theWeb Trader on any browser by just launching it and logging in with your accountdetails, placing trades on just a button. Traders can view theirtrading activity and analyse using advanced analytical tools and charts attheir disposal. Withdrawal methods are the same as the deposit methodsexcept that the e-wallets available for withdrawals are limited to Skrill &Neteller. In financial markets, especially in times of high volatility, timing is everthing. Thanks to this tool, I no longer have to constantly scan the market manually and assess the situation.
Can I test all LimeFx account types with a demo account?
As well always consider overnight or rollover fees as trading costs in case you holding an open position longer than a day. This fee is defined by each instrument separately and you will see it directly from the platform or upon the opening of the trade, see below example with Cryptocurrencies. In simple terms it means the broker is regulated and authorized to offer its trading service along with necessary safety measures and controls applied. LimeFx Group is a MetaTrader-only broker that offers a strong selection of high-quality educational content and market research. Over the past decade, regulatory agencies across the globe have been aggressive in their attempts to curb fraud and the actions of bad actors in the brokerage industry.
However, if you join this type of trading as a strategy follower, you need to deposit $100 at least and start copying the strategy provider’s trading tactics for a fee. Having access to a large number of tradable assets is super desirable for every trader, and regardless of the trader’s preference or experience, LimeFx broker has something for everyone. Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com.
As a follower, you can deposit funds and elect to automatically copy the trades of a strategy provider. Our forex comparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner site. Contact us directly for further inquiries about our products and services.
Overall LimeFx Ranking
LimeFx may charge a currency conversion fee if deposits and withdrawals do not match the account base currency selected. LimeFx provides an award-winning MT4 Platform as its main trading software and its newer version MetaTrader 5. We also saw great development of LimeFx along the ttime, before broker mainly operate in Europe and now is one of the trully global brokers with great coverage of regions.
How to use LimeFx?
The spreads and other facilities are also good enough to give this broker a try. I’ve been trading long enough with this broker, way before it changed its name (from HotForex to LimeFx). This broker offers local bank transfer withdrawals, which helps me a lot to cut transaction limefx costs. LimeFx offers demo accounts across the MT4, MT5 and Webtrader platforms and for most of its trading account types. LimeFx is an online trading brand with high prestige in thefinance world, with certifications and awards to substantiate theirreliability.