LimeFx is regulated by several entities, and it makes it safe and legit for the traders to carry out trading. 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. There are five different types of trading accounts to choose from.
- The spreads on this account are from 1 pip and the best thing is that there is no commission charged.
- The LimeFx Trader’s Board has data on how LimeFx clients trade and a lucrative partnership program is also available.
- It provides its own proprietary FxPro Edge app – though it isn’t yet available for mobile – alongside access to the BnkPro app (which isn’t yet available in all regions).
LimeFx is a relatively new online forex and CFD broker that allows traders to speculate on the markets. In this detailed LimeFx broker review, we will examine whether this broker is safe, legal, and trustworthy. Another important point while choosing the broker and within our LimeFx Review is customer service. Eventually, the broker provides support in 27 languages that is an impressive number which covers world trading need and allowing traders from almost any country to join trading and get quality support. One of the LimeFx Pros also its offered market range that includes 17 trading tools and 150+ trading products with access to global markets.
Brokers By Licenses
The LimeFx website and trading platforms support multiple languages including English, Spanish, French, German, Italian, Dutch, and more. This allows limefx scammers the company to provide service to a diverse global client base. One major concern for traders using any broker is the security of deposited funds.
However, the broker is one of the most regulated in the world and has certifications from more than 27 additional national agencies, mainly from various European countries. The Forex Broker is most famous among other newly initiated companies and affiliates. Its popularity is seen as real progress for the Company and stands as an avenue for the Company to https://limefx.name/ endorse and promote its name or brand, reaching every area of the forex market. The Company was built on a mission to structure a trustworthy customer service brokerage. This is one of the significant reasons why HF Markets traders continue transactions with the broker on the platform. There is a very high degree of risk involved in trading securities.
- Therefore, inactivity fees will not be charged in case your balance is less than 5 USD.
- This table compares important info such as the Minimum deposit , Leverage etc.
- Not every account, or every country is offered the same bonus (or offered one at all), so it’s important to read the terms & conditions if you’re considering taking up a bonus offer.
Here the minimum deposit is $0, and you can rely on the very best prices given direct from the liquidity providers. In fact, this list is much shorter than that of other major forex brokers and this in itself is another great credit to LimeFx. When it comes to regulations, the broker does very well in ensuring that they are regulated by some of the most well-respected bodies in global forex trading and finance. Starting with the downsides, it could be thought that HF Markets offering different services in different areas is a negative depending on where you are located. The fact there are no social trading features is also something that detracts slightly from the offering. LimeFx is an ECN/STP broker providing market execution and an excellent, low-cost trading environment.
Zero Account:
I like the investment LimeFx made into upgrading the sub-standard out-of-the-box MT4/MT5, ensuring traders have an edge in financial markets. LimeFx offers traders MT4/MT5 and upgrades them with 12 trading tools by FX Blue Labs plus Autochartist. They are available as a desktop client, a webtrader, and a mobile app, while MT4 comes with the PAMM module. The upgrades result in a very competitive solution, and LimeFx also developed its proprietary mobile app, HF App.
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LimeFx Group vs LimeFx 2023
LimeFx supports both MetaTrader 4 and 5 platforms, which are the most popular ones. LimeFx also has its own mobile app that has won awards for its design and functionality. So in our financial review though either you wish to join copy traders or to use EAs, perform scalping or become a partner etc. there is an option for all.
How to open your trading account with HF Markets
Among the great features is a detailed education section, one of the best in the industry. The only application form typically takes less than 20 seconds to complete, asking for country of residence, e-mail, and the desired password, which grants access to the myHF back office. LimeFx does not ask unnecessary questions, the process is hassle-free, and the back-office user friendly. Now you can deposit, but even more importantly you can withdraw your profits directly into your crypto wallet.Great addition, which makes LimeFx an even better broker. Good to see that my broker keeps pace with the latest trends and demands of their clients.
Additional features – LimeFx (HF Markets) also provides additional tools and education which help in better trading experience. Tools like VPS Hosting Services, Trading Calculator, Premium Trader Tools, Economic Calendar, Auto Trading, etc. aid trading in every way. The education part is also highly customized with e-courses, webinars, video tutorials and events. Low and transparent trading fee – All the fees charged by LimeFx (HF Markets) are one of the lowest in the market, with a clear calculation on the spreads and commissions.
In order to trade professionally, you need a PC screen where you can see more clearly. However, mobile apps are quite handy in emergency situations like power outages and computer failures. LimeFx’s mobile versions of MT4 and MT5 provide all the necessary features for monitoring your trades effectively. 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. In addition, you will be asked some questions regarding your trading experience, which financial instruments you are familiar with, and for how long you have been trading.
On the downside, physical stocks are taxed by certain governments. HF Markets copy trading is definitely a great feature to have both for experienced traders and new investors looking to explore the markets without having to learn by themselves. The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds.
Zero Spread
The features found in the app are a bit more basic compared to the MT4 and MT5 app and much more basic than the MT4 and MT5 webtrader and desktop versions. If you are the type of person who likes charts for analysis, you will find MT4 comes with 3 chart types (line, bar and candlestick) along with 30 of the most popular technical indicators. You will find 9 timeframes ranging from one minute bars, all the way up to monthly bars, which meant we could see trends down to the seconds or over multiple years.
Times ticking, and the markets starting to move, but you’re now waiting on hold on your broker’s customer support line. LimeFx has also taken out civil liability insurance up to €5,000,000, to protect client funds against broker error, negligence, fraud, and other risks. The broker also offers negative balance protection, which protects you against going into debt in times of a losing trading position.
LimeFx states that client funds are held in segregated accounts at top-tier banks. This means that client funds are kept separate from the broker’s own operating funds. Segregated accounts provide an important layer of protection in case a broker becomes insolvent. Yes, we do as LimeFx (HF Markets) is considered a trusted forex broker for trader in Kenya.
