LimeFx offers upgraded MT4/MT5 trading platforms and its proprietary mobile trading app. I like to note the awards for best trading conditions and client security, as https://limefx.biz/ they belong to the LimeFx core offering to traders, where LimeFx excels. LimeFx offer their proprietary online trading app, which is available for both Android and iOS.
- Here is a screenshot of LimeFx quotes during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads.
- Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.
- This minimum deposit is equivalent to R 70.00 ZAR at the current exchange rate between the US Dollar and the South African Rand at the time of writing.
- Trades must verify any additional fees that may be incurred from their banking institution before selecting their LimeFx account option.
HF Markets Trading Fees
The absence of cryptocurrency CFDs, for now, in an otherwise well-balanced asset selection is the only criticism in an otherwise excellent trading environment. This low minimum deposit helps traders to enter the market easily, with minimal financial risk. It also provides an opportunity to test limefx reviews trading platforms and strategies in a cost-effective way. Micro Account has the lowest minimum deposit and offers allthe features of our other account types.& access to all trading instrumentson LimeFx. You can trade micro-lots with this account, at 40% Margin call leveland 10% stop out level.
Deposit Methods And Fees
This type of account is certainly for more advanced traders, and if you’re just getting started in the markets, could be a good thing to strive for in the future. Deposit currencies for all LimeFx live trading accounts are $ USD (United States Dollar) or R ZAR (South African Rand). 👉 The broker has access to Civil Liability insurance coverage with a maximum of €5,00,000. This program safeguards traders against the danger of monetary loss resulting from errors, negligence, omissions, and other types of fraud. At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers.
HF Markets Trading Platforms
MT4 also comes with 23 drawing tools to help identify support and resistance levels, or trend lines. 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. Client funds are segregated, and held by major global banks, in compliance with the regulations of government authorities. We gave them this score from evaluating their regulation, reputation, and reviews. Once these 7 Steps to deposit a minimum amount have been successfully completed, you will receive an on-screen confirmation.
Does LimeFx Group or LimeFx offer lower pricing?
In the sample below, we can see that LimeFx isn’t the best choice for spread-only trading given most other brokers perform better. 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. Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years. From deposits, withdrawals, opening new accounts or internal transfers, everything will be possible and easy to accomplish. From within your client area you’ll always have the option to launch each platform available to you.
LimeFx (HF Markets) Review: Key Features, Pros, And Cons
The minimum deposit amount is only $50, which is very low compared tocompetitors in the industry, and there is no limit for minimum withdrawalamounts. Limit and stop levels start from 2 pips, and traders canbegin trading with as little as $100 for the minimum deposit. In addition tothe usual trading conditions, they can be further improved with the variousbonuses offered by LimeFx. The Copy account allows you to track the leading traders andcopy their trades. An advanced trader with trading experience, can become aStrategy Provider and display their trading strategy, knowledge, and expertisein exchange for a performance fee based on copy trades. LimeFx offers different types of accounts to its clients tosuit a wide range of trading strategies.
With high leverage, diverse assets, and zero spreads, it caters to a broad audience, from beginners to experts. ➡️ Aside from great deposit method options, there is a specified minimum deposit amount that is determined by the payment method chosen. Traders will typically be allowed to top up their live trading account from $5. LimeFx offers a deposit bonus for each deposit, the LimeFx gadget giveaway promotion, and trading contests for live and demo accounts also exist. Terms and conditions apply, and traders should understand them fully before participating in bonuses and promotions. I recommend caution with trading contests, as they may promote reckless trading habits, especially among beginner traders chasing a prize rather than learning to trade.
The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Forex traders also appreciate the ability to engage in social copy trading. To open a trading account with LimeFx Group, you’ll need to make an initial minimum deposit of $5. LimeFx supports trading on iPhone, iPad as well as Android MT4platforms. The beauty of these platforms is the one-click execution of trades,which allows you to place trades easily on the go. 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.
LimeFx also partnered with Blue Sky Forex for free webinars, enhancing the overall approach to educating beginner traders. The four trading account types, plus a demo and an Islamic account, cater to various needs and cover the entire spectrum of trader types. I like the Cent version for testing new EAs or manual trading strategies. My preference remains the Zero option, which I recommend to all active traders. However, the minimum deposit may vary based on account types and tradable asset types.
It does appear you get good value provided you use the right currency pair. LimeFx offers two pricing options, a commission account and a non-commission account. Using in-house data collection at CompareForexBrokers, we got an insight into the size of the spreads offered by LimeFx.