They provide service to more than 180 countries across the globe and
offer both STP and ECN trading platforms. LimeFx is a forex and commodities
broker and is the brand name of HF Markets Group. Still, trading costs at LimeFx are slightly above the industry average, limefx reviews and its LimeFx mobile app does now support trading. Our LimeFx (HF Markets) review looks at the key features this Forex broker has to offer. With ECN-like trading conditions, MT4 and MT5 trading platforms and over 50 forex pairs, see what we say about the broker.
At HF Markets, we offer multiple account types to suit the specific requirements of different traders. Whatever your trading strategy, level of funding or appetite for risk, there is an account to match your needs. On the other hand, traders will experience a 1 pip spread markup fee from the broker. You can access all types of assets offered by LimeFx using the Premium account.
- 23 indices and 34 ETFs covering US, European and Japanese markets are available.
- There are hours of webinars and recorded videos, as well as daily market analysis to keep you informed about current market movements.
- LimeFx broker offers one of the largest varieties of tradable products in 7 different markets.
- Not only traders but also affiliates and white label clients can benefit from LimeFx’s state-of-the-art automated system.
There is a large variety of research tools and educational material provided by LimeFx. The trading tools such as the economic calendar and calculator give you a better insight into the markets. Whereas, educational material is essential for novice traders to become professionals. MetaTrader is one of the most commonly used trading platforms in the world, and these platforms are mostly used by reliable brokers that are well-established. Once your trading platform is ready, you are ready to make your first deposit.
We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. LimeFx offers an extensive range of over 150 tradeable assets
to its clients. Traders have numerous markets to participate in with many
trading options, including Forex, CFDs, Spot contracts, and Futures contracts. Traders can choose from 50 forex pairs to trade, a range of commodities, many
indices, over 50 shares, seven cryptocurrency pairs, and bonds.
What You Will Get In This Post
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 several
trading operations like monitoring, access to trading history, real-time
charts, dynamic tracking of account details, etc., which makes it very useful. ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. Should shares CFD shares be your preferred trading instrument, LimeFx offers a total of 96 shares to choose from with MT4 and 846 with MT5. MT4 shares are derived from NYSE, NASDAQ and EURONEXT exchanges while MT5 also include stocks from exchanges in Spain, The UK, Germany, Ireland and the Netherlands.
The team at CompareForexBrokers have long liked the ultra-intuitive, feature-rich experience that allows you to quickly analyse markets and enter and exit trades with a few mouse clicks. With this in mind, it’s not hard to see why MT4 is popular, finding trading opportunities and executing your trades is just really straightforward when using this platform. All https://limefx.vip/ accounts come with a personal account manager, which is just a fancy word for a customer service agent. Don’t be expecting any hotshot trading advice from your account manager. While the numbers above use the spreads brokers publish on their website, Ross Collins from our team tested the spreads for standard accounts for 20 brokers to see how they perform.
- LimeFx offers demo accounts across the MT4, MT5 and Webtrader platforms and for most of its trading account types.
- There are no
limits on commissions or on how to manage your business.
- MT4 also comes with 23 drawing tools to help identify support and resistance levels, or trend lines.
- LimeFx is regulated by several top-tier authorities, and it follows very strict guidelines including segregated bank accounts, negative balance protection, and an international insurance scheme.
A HFCopy account is a copy trading account, which allows you to sign up as either a strategy provider or a follower. This account allows you to use the HFCopy app which uses the MQL5 MetaTrader Signal network for social trading. For the EUR/USD pair, LimeFx has a spread of 1.2 pips , which is lower than the industry average of 1.35.
Please rate this Forex Broker
With this type of account, you can only use MT4 for trading, and you may use USD or EUR as your account currency. You may only use US Dollars for this type of account, and if you are a provider you can get up to 1000 followers. Also, the trading instruments are limited to Forex, indices spot, energy, and gold spot contracts. Exchange-traded funds are another trading option that some traders consider safer security with low volatility, and if you prefer this type of trading, LimeFx has something for you. Bonds are financial instruments issued by different entities such as governments or corporations and enable investors to lend money to the issuer. Generally, bonds are viewed as safe investments and are characterized by low-risk, low-reward ratios.
How do I withdraw from LimeFx?
Other good features we think are worth noting include being regulated in 6 different countries or regions. Unfortunately, if you are in Australia, Canada or the USA you cannot sign with LimeFx. The broker also shines when it comes to education and its global research team, which publishes a large stream of articles and webinars to keep you on top of market news. If there are no trading activities or no transactions for at least 6 months, the account will be considered dormant. LimeFx broker is trusted by many investors who look for trading according to the Islamic faith, and want to keep trading righteously.
Fees & Commissions of LimeFx
Nowadays, most brokers offer Forex, indices, commodities, and stocks as CFDs, but very few can offer physical stocks as an added bonus. With LimeFx you can trade more than 3138 instruments, out of which 2,170 are physical stocks. MetaTrader platforms are well known for their reliability which is the reason why they stay relevant in the modern world. MT4 was developed in 2005 and despite its old-fashioned design, most Forex brokers offer the trading software to their clients. MT5 was released 5 years later, in 2010, and offers access to a wider range of trading assets.
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. Formerly known as Hot Forex, LimeFx (HF Markets) is a forex and CFD broker that’s a good match for beginner to intermediate traders.
When you get to the next step, it’s time to choose which account type you’d like to open. I found the volume of research released by the analyst team to be more than sufficient for keeping most traders up to date with the latest market movements. There’s also an economic release calendar, which can be useful for knowing when to expect market volatility and changes in spread sizes. The lessons can be as simple as explaining basic market terms, to advanced as learning how to build mathematical models to analyze and trade markets. With LimeFx, customer service is available 24 hours per day, five days per week through email, phone, and live support.
The safety of a forex broker has a lot to do with what government regulator is issuing the company a trading license. If you’ve been around the forex and CFD industry for a while, you’ve probably heard of the occasional dodgy broker running off with client’s funds. If you’re outside of the UK, EU, and UAE, LimeFx offers blisteringly high leverage.
LimeFx (HF Markets) Forex Broker Review
These authorities are responsible for the business conduct of financial institutions in different regions. As the broker is regulated by the top guidelines, it gives a sense of trust and confidence to the trader. LimeFx does not offer services to residents of certain jurisdictions, including the USA, Canada, Sudan, Syria, Iran, North Korea and others. We have created a mobile experience specifically tailored to the needs and demands of our traders. The LimeFx App is modern, innovative, intuitive and awarded by Capital Finance as Best Forex Trading App. You can trade both Spot market
Indices (plural for Index) as well as the Futures market.