23 indices and 34 ETFs covering US, European and Japanese markets are available. A PAMM account takes copy trading to a more advanced level and allows you to sign up as a fund manager, where you can manage funds for investors at a pre-agreed percentage of profits. We collected data from the websites of 50 different brokers so we think this sample size provides a fair base to calculate industry averages.
- The commission-based alternative commences with a raw spread of 0.0 pips and average spreads of 0.2 pips for a commission of $6.00 per lot or total costs of $8.00 for major currency pairs.
- Each available financial market has different characteristics and trends, we outline them below.
- Enhance your financial market comprehension by synchronizing and engaging with seasoned traders.
- I encountered this situation 2 times and after opening the app it was slow, like the server was slowing down.
Beginner traders will find it easy to deposit and withdraw from LimeFx and be able to trade with tiny amounts of capital. The lessons can be as simple as explaining basic market terms, and to advanced as learning how to build mathematical models to analyse and trade markets. With LimeFx, there are a similar amount of options to get your funds out of your LimeFx account as there are to deposit. The features found in the app are a bit more basic compared to the MT4 and MT5 apps and much more basic than the MT4 and MT5 webtrader and desktop versions.
We’re committed to providing excellent service and fostering strong relationships with our clients. If you ever need anything or have any questions, please don’t hesitate to reach out. These PAMM accounts are specialised for trading in Forex, metals, https://limefx.vip/ oil, and indices with a minimum trade size of 0.01 lot. The LimeFx Top Up Account is distinctive for offering a bonus on every eligible deposit but is exclusively for traders under the regulation of the Financial Services Authority (FSA) of Seychelles.
Our trading accounts have been meticulously designed to cater to the diverse needs of traders, ranging from novices to seasoned professionals. Recognized for their excellence, these accounts are deemed the best in the industry. Embark on a transcendent trading journey with our unparalleled trading instruments and services. Simply open a live account and propel your trading forward as you stay abreast of the latest market trends, execute complex calculations with ease, and keep informed about currency pair movements. Trade a variety of markets through a regulated platform, gaining access to a diverse and expansive trading environment.
Yes, based on your detected country of FI, you can open an account with this broker. Click “register” and an email will be sent to you with the activation link. After that, you will be redirected back to the LimeFx website to complete the registration process. While reviewing LimeFx, we found many attractive features of the broker, and we’ll discuss them all in detail below. Since then LimeFx managed to receive numerous awards in different nominations. One of the most notable ones is the World Finance Top 100 Global Companies award, which indeed is the hardly achieved honor.
In Which Countries is LimeFx not Available?
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. Other good features we think are worth noting include being regulated in 6 different countries or regions.
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.
LimeFx Overview
You can trade a maximum of 7Lots per trade up to a maximum number of 150 orders. The broker provides a great variety of trading platforms that suit all clients’ needs. The options allow traders to either trade from their desktops or on the go. The platforms concentrate on two of the most popular software – MetaTrader4 and MetaTrader5. Furthermore, there are options like MultiTerminal, allowing users to simultaneously manage several accounts, and Rapid Trader, offering a dynamic and integrated environment.
It is this commitment that propels HF Markets to be the broker of choice for traders across the globe. 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 limefx forex broker trading software to their clients. MT5 was released 5 years later, in 2010, and offers access to a wider range of trading assets. Note that MT4 was designed for and is still mostly focused on Forex trading. The Forex market is the largest financial market in the world, trading trillions of dollars ($) per day.
DEAR GLOBAL FOREX COMMUNITY,
LimeFx does charge an inactivity fee on all accounts that are inactive for more than a six-month time period. If an account is unused for between six months and one year, a $5 fee is charged. Contact us directly for further inquiries about our products and services. They are differentfrom trading stocks where the parties don’t own the underlying asset but make profit/loss based on the price fluctuations of the underlying asset. Withdrawal methods are the same as the deposit methodsexcept that the e-wallets available for withdrawals are limited to Skrill &Neteller.
LimeFx (HF Markets) Review: Fees, Safety, Platforms
Micro Account has the lowest minimum deposit and offers allthe features of our other account types.& access to all trading instrumentson LimeFx. You can trade micro-lots with this account, at 40% Margin call leveland 10% stop out level. No commission involved, but you have to account for thevariable spread (a benchmark figure of 1.3 pips).
And the last point withdrawal fee, which is actually 0$ is amazing news that allows you not to worry about extra fees. However, Wire Transfer may involve some correspondent fees according to your bank and international policies. Despite this, there are no deposit fees or some of the withdrawals are free as well, which we will see in our LimeFx review further. Once you ready or decided to start Live Trading you can submit for a Live account where LimeFx may ask you for confirmation of your documents including identity, residency and other proof before you start. In both cases, you will get access to myHF client area where you can manage all your accounts and finances.
They are a well-regulated STP broker with awards for its clientprotection and product offerings. With accounts that suit both beginners andprofessionals, ample training material, frequent market analysis, and a broadselection of trading tools, LimeFx is an excellent choice for new and experiencedtraders. They provide service to more than 180 countries across the globe andoffer both STP and ECN trading platforms.