For instance, the MT4 tradingplatform supports multiple market orders, utilizes an impressive chartingpackage, and various technical indicators. 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. Limit and stop levels start from 2 pips, and traders canbegin trading with as little as $100 for the minimum deposit.
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- Meanwhile, the Pro account requires a minimum deposit of $100 or a similar amount in your base currency.
- Please note that there is a limit to the number of trading accounts a client can open on HF Markets MT4 and MT5 trading platforms.
- As an aside, while we haven’t physically tested the spreads ourselves with HF Markets, we have tested RAW spreads with other brokers like Pepperstone, IC Markets, and Fusion Markets.
- The bonus works by giving me some extra capital when I deposit, and I’m then required to turn over enough volume before I can withdraw it.
- To start trading on the MT5 platform you need to have an MT5 trading account with HF Markets.
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. Multi-lingual customer support is available 24/5, and LimeFx transparently lists all contact methods on its website.
Is LimeFx Group or LimeFx safer for forex and CFDs trading?
See our full Pepperstone vs HF Markets comparison for more information. 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. We take published spreads from the broker’s website and compare them with other brokers. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
LimeFx Trading Conditions
It’s important to pick an account type that matches your trading experience and strategy, so make sure to read the above section on account types. LimeFx offers two interesting types of accounts which differ from the traditional trader and retail investor accounts. 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 (see Forex Trading Statistics). 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.
Forex Risk Disclaimer
The platform is packed with a series of helpfulfeatures to enhance the trading platform, allow for a quick and simple overviewof the Forex market, and customize how you trade. All-in-all, there is a good reason why in our mind MT4 is far and away the most popular trading platform for retail forex traders. If you want a program that has the fundamental features you need to trade without superfluous features that some competing platforms tend to have, then MT4 is an excellent choice. Just know that it is not the best option for stock trading, for this, you are better off using its more powerful successor MetaTrader 5. Three are aimed at beginner to intermediate traders, with a separate pro account designed for more experienced traders. Just note that some accounts are only available in certain countries.
Real-time market news from FXStreet completes the research tools. I value the LimeFx investment made using AI and big data to help clients navigate financial markets, especially with more limefx courses scam than 1,200 assets available to trade. The four trading account types, plus a demo and an Islamic account, cater to various needs and cover the entire spectrum of trader types.
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). That said, trading costs at LimeFx are slightly above the industry average across its spread-only accounts. To compare the trading platforms of both LimeFx Group and LimeFx, we tested each broker’s trading tools, research capabilities, and mobile apps. Finally, we found LimeFx Group to provide better mobile trading apps.
If you’re from the UK, Europe or the UAE, LimeFx is a highly regulated broker with a respectable amount of tradable products. If you’re Australian, you’ll need to find another broker, as LimeFx doesn’t offer their services to the land down under. Overall, I can’t fault the LimeFx education resources, https://limefx.name/ but make sure to take your own trading success into your hands, and educate yourself. It’s also a good idea to master your strategy on a demo account before switching to a live account. LimeFx Trading App is the in-house app developed by LimeFx allowing traders to trade from their smartphones.
For the superior trading conditions, flexibility and reliability HF Markets offers to its traders. MetaTrader 5 provides beginner and professional traders with a whole series of even more superior tools and advanced features to take the maximum advantage of any market situation. LimeFx caters to traders resident in most countries, except the USA, Canada, Sudan, Syria, North Korea, Iran, Iraq, Mauritius, Myanmar, Yemen, Afghanistan, and Vanuatu. Please note that EEA traders must trade with the less competitive Cyprus subsidiary as LimeFx does not accept them via its international brokerages. 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. It’s important to make sure that your forex broker accepts the funding options and deposit methods that work best for you.
The LimeFx Trader’s Board has data on how LimeFx clients trade and a lucrative partnership program is also available. One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. LimeFx supports trading on iPhone, iPad as well as Android MT4platforms.
However, from this point on, LimeFx was wider than the industry average. For example, the GBP/USD pair has a spread of 1.9 for LimeFx, compared to the industry average of 1.68. The AUD/JPY pair sees a spread of 2.8 for LimeFx, while the industry average is 2.31.
All that’s left to do is load our chosen trading platform and make a deposit. All accounts come with a personal account manager, which is just a fancy word for a customer service agent. Don’t expect any hotshot trading advice from your account manager. LimeFx has the usual range of CFD trading instruments such as Forex, cryptos, commodities, stocks and indices. Perhaps most interesting was the ability to purchase the physical stocks (i.e. the underlying instrument) but this feature is not available for UK and South African clients.
If you wish to automate your trading or build your custom indicators, MT4 allows you to build Expert Advisors (EAs) to do these. Being able to code is an advantage for building these EAs but if not, we found you can find many free or paid ones in the MT4 marketplace. There are also energy commodity products, both spot contracts and futures contracts, which allow you to speculate on the price of crude and Brent oil. Soft commodities, such as cotton, cocoa, and sugar are also available. Client funds are segregated, and held by major global banks, in compliance with the regulations of government authorities.
By trading Forex CFDs, individuals can buy and sell currencies based on the predicted difference in exchange rates. For example, if you believe that the value of the US Dollar will increase against the Euro, you can buy US Dollars with Euros at the current exchange rate. If your prediction is correct and the value of the US Dollar does increase, you can sell your US Dollars for more Euros than you originally paid. If the price moves the opposite direction to your prediction, the value of the US Dollar will be lower than you originally paid. Get the competitive edge you need to place trades and manage your positions. Help our agents identify you so they can offer more personalized support.