Withdrawal fees are charged zero, and the trader need not worry about any additional fees. But wire transfers will involve some fees as per the bank and other international policies. As per several LimeFx reviews, this online broker does not charge any deposit fees.
LimeFx offers a reasonably in-depth educational platform suited for reasonably new traders. Times ticking, and the markets starting to move, but you’re now waiting on hold on your broker’s customer support line. The safety of a forex broker has a lot to do with what government regulator is issuing the company a trading license.
Also, it provides a wide range of financial instruments and offers excellent trading opportunities through the use of technical trading tools that help the traders to leverage their profits. It has a secure crypto trading environment, easy-to-use platform, and competitive spreads, where it comes as a one-stop solution for all the user’s trading requirements. Our LimeFx Trading App is not just a trading platform; it’s a holistic trading experience that combines advanced technology, user-friendly interface, and award-winning features.
For beginners who are new to technical analysis, this tool is very good for understanding price movements. HF Markets makes use of the Tick Chart Trader Tool to display different kinds of tick charts. There are a quick response order entry and exit with just a single click on your keyboard. It is recommended that you continuously enter and exit the market in case you want to transact short-term trades.
An email with the same credentials will be sent to you for future reference. You will need to use these credentials to log in to your LimeFx demo account. Your demo account will be created & you will get your login credentials like the picture below.
- Overall, I can’t fault the LimeFx education resources, but make sure to take your own trading success into your hands, and educate yourself.
- LimeFx education features include several tools to provide self-learning support for the newbies and advanced traders, which eventually improves the forex trading experience as well as results.
- The firm offers a total of 38 FX pairs, which is a decent amount of currencies, but less than some other major brokers.
- Clicking on “Open Live Account” or “Demo Account” will take you to the registration page, where you can open an individual, corporate and joint account.
- Sure, there’s plenty of content on how to enter an order, or telling you what a currency pair is and how many trillions of dollars are traded each day.
- HF Markets customer support is available in s more than 27 languages.
Bank Wire – LimeFx will cover the fees for transfers over the
minimum amount of 250 USD. The funds will be added to your trading account
within one business day of the funds reflecting in LimeFx’s account. LimeFx does not charge any commissions and the only fees that
are charged for contracts held overnight.
LimeFx Review and Information 2023
An optional tool package called Premium Trader Tools is available to augment the default experience. The brokerage house supports the Market Maker execution across a variety of six ferent account types. When selecting a forex broker for large accounts, there are several crucial factors you should consider.
HF Markets can accommodate high volatility in the forex and commodities market through the implementation of a policy of negative balance protection. This means no client is responsible for paying back a negative balance when margin calls and limefx Stop Outs do not function correctly in highly-volatile trading conditions. Great Trading Experience
I have been trading with this broker for a few months. They offer various trading instruments, low spreads, high leverage, and fast execution.
- People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
- Also, there are LimeFx entities that are registered in offshore zones alike Mauritius, SVG and Seychelles.
- Hot Forex’s
Introducing Brokers can also earn from sub-IBs’ referrals. - I am a client of this broker and I want to write a few words about how this company operates.
- LimeFx offers free online bank funding for clients who have online bank accounts with major South African banks.
HF Markets continues to carve its niche as a reliable and award-winning trading services provider, focusing on enhancing the trading journey of its clients. Whether you are a novice trader or an experienced institutional investor, HF Markets is by your side at every step, ensuring your trading ambitions are realized. Every endeavor is aimed at enhancing the trading experience for clients, with a focus on personalized customer service. The LimeFx customer support team, consisting of seasoned industry professionals, is available 24/5 to assist clients from initial registration to the withdrawal of trading profits. Clients are the heartbeat of HF Markets, and every endeavor is aimed at enhancing their overall trading experience.
LimeFx offers two interesting types of accounts which differ from the traditional trader and retail investor accounts. Established in 2010, and with more than 200 staff globally, the company is one of the top 10 retail forex brokers (by volume) in the world. Overall we like LimeFx’s offering since they have all the essential features one needs to trade successfully. However, we feel there are other brokers out there that have more variety in their offerings and lower spreads as well. LimeFx provides an award-winning MT4 Platform as its main trading software and its newer version MetaTrader 5. Various payment methods will process withdraw money in slightly different time.
While trading with LimeFx we founf availabilitty of fixed or floating leverage, which is indeed a very useful tool, especially for traders of smaller size. Leverage brings an opportunity to increase your potential gains through its possibility to multiply balance in a particular number of times. Yet remember that leverage may work in reverse too, defining also your risks, that is why it’s so important to understand how to use tool smartly.
Inactivity Fees
Our Mission is to be the most reliable broker in the industry in terms of the services we offer. To be consistently good in quality of performance and able to be trusted. We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here.
Take Command of Your Trading World
In addition, HF Markets offers a huge range of educational materials like eBooks, webinars, events, coaching, and tutorials. Especially for beginners, it is very interesting to gain professional knowledge. Also, the MT4 and MT5 versions can be downloaded on Android and iOS devices from the app store.
The broker offers extensive market access, low spreads, and excellent trading technology. Furthermore, Pepperstone provides superior customer support and a range of trading platforms, including MetaTrader and cTrader. LimeFx is a renowned forex broker that caters to both retail and high-net-worth clients, offering a range of account types tailored to different trader needs.
Is LimeFx an ECN broker?
You can open a premium account on all trading platforms available, the LimeFx Platform, MetaTrader 4, and MetaTrader 5. Generally, there are three different account types and special accounts for professional clients and experienced retail clients. To open these account types, you will need to provide proof and certain documents. If https://limefx.group/ you are just starting out, the minimum deposit is low as $ 50, and you can open your account in different currencies. LimeFx offers an extensive range of over 1000 tradeable assets
to its clients. Traders have numerous markets to participate in with many
trading options, including Forex, CFDs, Spot contracts, and Futures contracts.
What is the LimeFx trading platform?
We found making use of these very easy, just click on the drawing tool and select the points on the chart you’d like to draw a line through. For the EUR/USD pair, LimeFx has a spread of 1.2 pips , which is lower than the industry average of 1.35. For example, the GBP/USD pair has a spread of 1.9 for LimeFx, compared to the industry average of 1.68. The AUD/JPY pair sees a spread of 2.8 for LimeFx, while the industry average is 2.31. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information.
Simply access your myHF area (Hotforex client area) and submit a Fund Withdrawal request. We recommend selecting the ZAR as the base currency for South African forex traders to avoid currency conversion costs. The minimum deposit is 300 USD for SPs and 100 USD for Followers, and accounts are only denominated in USD. In this blog post, we will take a closer look at LimeFx broker and provide a comprehensive review of its features and services. We will also discuss the pros and cons of using LimeFx broker, and help you decide if it is the right choice for you.