LimeFx HF Markets Review: Key Features, Pros, And Cons

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. Multi-lingual customer support is available 24/5, and LimeFx transparently lists all contact methods on its website. LimeFx describes its products and services well, and it has plenty of videos and a well-structured FAQ section.

LimeFx provides traders with favourable trading conditions thatare considerably better than many other online trading brokerages. Forinstance, traders achieve excellent execution speeds through their premium MT4and WebTrader platforms. The broker allows traders to deposit and withdraw funds with variousmethods. The minimum deposit amount is only $50, which is very low compared tocompetitors in the industry, and there is no limit for minimum withdrawalamounts. MetaTrader 4 (MT4) is suitable for traders of all levels as it offers a user-friendly interface, advanced charting tools, and a range of customization options.

1. LimeFx caters to traders resident in most countries, except the USA, Canada, Sudan, Syria, North Korea, Iran, Iraq, Mauritius, Myanmar, Yemen, Afghanistan, and Vanuatu.
2. So glad LimeFx had some great feedback from customers too as it’s so deserved.
3. LimeFx offers upgraded MT4/MT5 trading platforms and its proprietary mobile trading app.

With ECN-like trading conditions, MT4 and MT5 trading platforms and over 50 forex pairs, see what we say about the broker. LimeFx offers upgraded MT4/MT5 trading platforms and its proprietary mobile trading app. 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.

LimeFx Sponsorships

Generally, bonds are viewed as safe investments and are characterized by low-risk, low-reward ratios. As a result, not many brokerage firms offer bonds in their portfolio. Besides this huge offering, the spread and allowed leverage vary between different markets, which we are going to explain in a detailed manner in the following. These authorities are responsible for the business conduct of financial institutions in different regions.

LimeFx (HF Markets) Review

LimeFx has a strong commitment to not just providing the bestpossible customer experience, but also acknowledging its social responsibilityto communities and organizations around the world. The educational package includes over 20 video tutorials,over 30 recorded Forex videos, trading webinars with Forex experts, and the LimeFxeCourse https://limefx.club/ in Forex. LimeFx has done a great job of publishing research &education, and it is visible that plenty of effort and resources are dedicated,especially in the research section. Withdrawal methods are the same as the deposit methodsexcept that the e-wallets available for withdrawals are limited to Skrill &Neteller.

The broker has made its way up quickly among top financial brokers by securing important partnerships and offering a wide range of tradable assets. 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.

WHAT DID OUR TRADERS THINK AFTER REVIEWING THE KEY CRITERIA?

We are obsessed with creating the best finance content on the internet, and we are dedicated to helping our readers make great choices for their money. Check out our visual breakdown below to get an idea of how LimeFx’s status as a Trusted broker compares to the average Trust Score label in our database of 60+ forex brokers. LimeFx Trading App is the in-house app developed by LimeFx allowing traders to trade from their smartphones. The main benefit of using this app is that logging into your trading account is easier since it can be done with your LimeFx credentials.

I recommend live chat should traders require assistance for non-urgent matters and phone support for emergencies. 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. LimeFx is a financial trading services provider that has been in the industry for more than 10 years and operates more than 3.5 million trading accounts.

Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). Yes, based on your detected country of FI, you can open an account with this broker. The reason for these subdued levels of leverage is the regulatory bodies that govern brokerage firms in the UK, EU, and UAE have strict limits on how much leverage is allowed.

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. If you choose to be a strategy provider, you can start by depositing at least $500, build your trading strategies, and create your followership base, where you can earn 50% from followers’ fees. Bonds are financial instruments issued by different entities such as governments or corporations and enable investors to lend money to the issuer.

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 performed. The LimeFx Trader’s Board has data on how LimeFx clients trade and a lucrative partnership program is also available. LimeFx is one of the best brokers in the market with smooth interfaces for traders and partners. Deposits and withdrawals occurred in a lightning speed and never got any issues in trading system. We’re delighted to hear that you’ve had a great experience with our company. It’s fantastic to know that you’ve been invited to our gala dinner in January, and we’re honored to have earned your trust.

No, you cannot trade on MT5 if your trading account is opened for MT4. On the MT4 platform you can trade a wide range of instruments available at HF Markets including CFDs on Forex, Metals, Energies, Commodities, Bonds, Indices and Shares. MT4 has been widely adopted by the online trading industry and has a large user base, which has helped to ensure that it is secure and reliable.

While reviewing LimeFx, we found many attractive features of the broker, and we’ll discuss them all in detail below. During events of high volatility, sudden price movementsmay occur, and margin calls or stop loss may not function correctly, whichcould lead to a negative balance in the account. Under LimeFx policies, limefx the clientis not liable to pay back a negative balance. You can trade both Spot marketIndices (plural for Index) as well as the Futures market. Examples of Indicesinclude Australia 200, France 40, US Wall Street 30, etc. You may refer herefor the full details on various Indices on offer on LimeFx.