LimeFx Review

is LimeFx a good broker

With a diverse offering that includes multiple trading platforms and advanced trading tools, LimeFx aims to cater to a broad spectrum of traders, from beginners to experienced professionals. I like the trading environment at LimeFx for both beginner and advanced traders. Beginner traders get one of the most comprehensive educational services industry-wide, and the advanced traders benefit from a trading environment supportive of manual, algorithmic, social, and copy trading. High leverage, generous bonuses, a loyalty program, and interest on free margin complement cutting-edge trading tools and ensure LimeFx clients have a notable edge in financial markets.

What is the LimeFx minimum deposit?

Opinions, market data, and recommendations are subject to change at any time. HF Markets platform has different kinds of accounts according to the trader’s level of experience and trading capital. As soon as the account was opened and he deposited the fund for a premium account limefx website using a VISA card. His funds were credited live to the account within a few minutes. He recommends using wire transfer for more significant amounts of deposit. One lovely fact about a wire transfer is that it will pay the transfer fee for any transaction done via wire transfer.

How to open your trading account with HF Markets

HF Markets Ltd, formerly Hot Forex is a forex, stocks, and CFD broking company owned by the HF Markets Group. LimeFx is a CFD (Contract For Difference) Forex broker with execution style based on ECN (Electronic Communications Network) and STP (Straight-Through Processing) models. The selection may slightly vary depending on your area and the account type selected. LimeFx (formerly known as HotForex) is an online brokerage firm founded in 2010 in Cyprus, part of the HF Markets Group. The actionable insights from LimeFx have been game-changing for our business, helping us streamline our financial strategies effectively. We are so pleased to hear that you have had a wonderful experience on LimeFx’ platform.

Range of Offerings

In both cases, you will get access to myLimeFx client area where you can manage all your accounts and finances. 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. We take your concerns very seriously and would like to look into this matter further.

  • LimeFx’s technology is suitable for various trading styles, including day trading, long or short trading, copy trading, Robot Trading, and EAs, all with quality execution.
  • And the last point withdrawal fee, which is actually 0$ is amazing, allowing you not to worry about extra fees.
  • LimeFx consistently delivers high-quality financial services, with clear and concise reports that enhance our decision-making capabilities.
  • I’m thoroughly impressed with the level of detail and clarity in LimeFx’s financial reports.
  • Algorithmic traders will appreciate FxPro’s execution methods and pricing options.

77-85% of retail investor accounts lose money when trading CFDs with the providers presented on this site. The information and videos are not investment recommendations and serve to clarify the market mechanisms. The texts on this page are not are not investment recommendations.

Lastly, LimeFx earns from B-book execution of some trading orders where LimeFx acts directly as counterparty, earning on losing trades. LimeFx withdrawals are secure, but can be quite slow requiring up to 10 business days to get through. However, if you withdraw money with Skrill or Neteller, the withdrawal is instant.

is LimeFx a good broker

People from Europe, Africa, and Asia, both new and experienced traders, can find LimeFx suitable because it provides good technical trading solutions. 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.

is LimeFx a good broker

You need at least $5 to deposit money using most payment methods. But for Skrill, SGD wire transfers, and PayRedeem, you need at least $10. Metals are often more resistant to various macroeconomicevents; hence they are an excellent option to diversify your portfolio. Metals are available on the Spot market including Gold,Silver against the USD, and Euro. Particularly about scalping, there is no restriction and LimeFx range of accounts alike with Zero spread may assist you even better to trade this strategy. Also, there are LimeFx entities that are registered in offshore zones alike Mauritius, SVG and Seychelles.

Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. Micro Account has the lowest minimum deposit and offers allthe features of our other account types.& access to all trading instrumentson LimeFx.

LimeFx also offers things like high leverage, good bonuses, a loyalty program, and interest on unused money. LimeFx offers an extensive range of over 150 tradeable assetsto its clients. You’ll have access to a wide range of account types with low minimum deposits, a demo account to get comfortable with, and an incredible number of tools to make you the best trader you can be. LimeFx is an award-winning forex, Indices, Stocks and commodities broker that provides trading services and facilities to both retail and institutional clients.

When you create a new account, your credentials to log into each MetaTrader version will be available on-screen after creating the account and on your email that confirms the account creation. To log in to your Hotforex (LimeFx) account, simply open the platform you want to trade on e.g WebTrader, MT4, MT5 etc. The good thing about HF Markets (LimeFx) is that they allow users to open multiple accounts with different conditions from their client area.

Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University. In our analysis of 23 international regulators across 62 of the best forex brokers, FxPro is considered Highly Trusted, with an overall Trust Score of 90 out of 99. Both LimeFx Group and LimeFx offer Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw). LimeFx Group is a MetaTrader-only broker that offers a strong selection of high-quality educational content and market research. 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.

Please note that EEA traders must trade with the less competitive Cyprus subsidiary as LimeFx does not accept them via its international brokerages. 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 seek in-depth third-party education covering trading psychology and avoid paid-for courses. If you’re looking for a MetaTrader broker that provides any of the features mentioned in our review, HF Markets can definitely be a great choice for you.

HF Markets has enough in its weapons store to challenge the leading brands in the EU and UK, and it is likewise pushing hard to make advances in different markets. If you aren’t fully convinced HF Markets is a good fit for you, don’t worry. With this wide variety of options available, finding your perfect broker can take some time. Below, we introduce you to three regulated, trusted, and reliable alternatives, definitely worth taking a look at. It is most fitting for traders who have the experience, knowledge, and expertise to make their own investment decisions and adequately assess risk. From time to time, LimeFx also hosts local webinars and events where they provide physical education and support to clients and potential clients.

The MT4 MultiTerminal allows you to manage multiple accounts at once. However, the desktop version offers the most features and add-ons. LimeFx FIX/API is great https://limefx.name/ for clients who prefer the FIX protocol. You can also copy trades or become a professional trader to be copied using LimeFx’s advanced PAMM technology.

LimeFx is an online trading brand with high prestige in thefinance world, with certifications and awards to substantiate theirreliability. They are a well-regulated STP broker with awards for its clientprotection and product offerings. With accounts that suit both beginners andprofessionals, ample training material, frequent market analysis, and a broadselection of trading tools, LimeFx is an excellent choice for new and experiencedtraders. Alongside quality research and MetaTrader offering, LimeFx (HF Markets) offers a proprietary copy trading platform, HFcopy, as well as a decent selection of nearly 1,000 CFDs (including 100+ forex pairs).