Brokersway is a website that provides unbiased reviews, ratings, and comparisons of online forex and CFD brokers. It also has other licenses to help clients from specific places like South Africa, Dubai, and England. Some Lime Fx entities are registered in places like Mauritius, SVG, and Seychelles. We generally advise against trading with brokers from offshore zones because they don’t regulate Forex trading.
Can I test all Lime Fx account types with a demo account?
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. This can be a good option if you have a very promising strategy, or if you’re able to find another trader whose strategy you’d like to follow. We think Lime Fx’s (also called HF Markets and formerly Hot Forex) offering is typical of a broker using an electronic communication network (ECN) with no dealing desk execution model. Our broker reviews are reader supported and we may receive payment when you click on a partner site. Also, the MT4 and MT5 versions can be downloaded on Android and iOS devices from the app store. Also, you can download them directly from the HF Markets official website.
The spreads are variable, with the Zero account offering spreads starting from 0 pips on Forex and limefx scammers Gold, and Pro and Pro Plus accounts offering lower spreads starting from 0.2 pips. Commission-free trading is available on most account types, including Zero and Pro accounts. Lime Fx provides a strong range of trading platforms to suit all trader preferences. The Premium Account is available with multiple platforms such as MetaTrader 4, MetaTrader 5, Webtrader, and the Lime Fx App.
What Can You Trade on Lime Fx’s Platform?
Their clear and concise reports are crucial for our business strategy. Their detailed analysis and thorough reports have significantly improved our financial management. Lime Fx’s expert analysis and detailed reports have significantly enhanced our financial limefx broker reviews management practices. Their exceptional service is a testament to their commitment to excellence. Lime Fx consistently impresses with their detailed financial reports that facilitate data-driven decision-making. They are a highly recommended resource for businesses seeking clarity in their financial management.
Can I earn rewards by referring a friend?
- Also, international trading is done via offshore branches with lower requirements, however Lime Fx has a good reputation so is considered to sign in.
- HotForex was established in 2010 as a MetaTrader broker and renamed its brand in 2022 to HF Markets (Lime Fx).
- Lime Fx has created a new mobile app called Lime Fx Trading App, available for both Android and iOS users.
- BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs.
- Lime Fx sign up for live account offer three different types of sign up options, which include individual, corporate, and joint.
- Popular among traders for its easy-to-use interface and incredible capability, Lime Fx provides the MetaTrader 4 (MT4) platform as a choice for its traders.
Traders appreciate the hassle-free account opening process, reflecting Lime Fx’s commitment to user convenience and satisfaction. At the time of the test, several trades were placed on major currency pairs such as EURGBP, EURUSD, and GBPUSD both short and long. The response was fast, and trade execution on HF Markets is one of the fastest that has been experienced. We also highlight and confirmed that the broker is regulated.
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. MT4 also comes with 23 drawing tools to help identify support and resistance levels, or trend lines. We found making use of these very easy, just click on the drawing tool and select the points on the chart you’d like to draw a line through.
The Zero account features raw spreads from top liquidity providers. The Lime Fx Cent account provides access to Forex and gold trading, and features trading in Cent lots, where the minimum trading size available here equals 0.01 cent lots, or 10 currency units. Yes, Lime Fx is good for beginners as it offers high-quality research, a well-thought-out introduction to trading, accounts with no minimum deposit, and a trustworthy trading environment. The MT4 trading platform remains the leader in algorithmic trading, and MT4/MT5 features a built-in copy-trading platform.
- The Lime Fx Zero account offers spreads starting from 0 pips, with a trading volume commission of $6/lot round turn, which is 14% cheaper than the industry standard commission of $7/lot.
- However, they provide service through CFDs with access to unrestricted liquidity, tight spread, and many attractive offers.
- Lime Fx offers CFD (Contract For Difference) trading on Forex, commodities, stocks, cryptos and indices.
- It also does not have any investor protection scheme for non-UK/EU traders.
- However, Lime Fx will cover these commissions if you deposit more than those amounts.
Should you need any additional support or have further inquiries, please feel free to reach out to us anytime. Live chat, the instructions given were clear and easy to understand, and the problem was solved within a few minutes. Just wondering why there is no account manager try to call me and offer some latest offers or promotions. If you’re looking for a MetaTrader broker that provides any of the features mentioned in our review, HF Markets can definitely be a great choice for you. Additionally, HF Markets provides a very fun activity which can definitely be considered educational and profitable at the same time, demo contests.
What are the Lime Fx account types?
It is known for its easy-to-use interface, advanced charting tools, and fast execution speeds. HF Markets places a strong emphasis on safety and security, offering a trustworthy environment for traders. The company’s adherence to strict regulatory standards, along with its practice of segregating and insuring client funds, provides traders with confidence in the protection of their assets.
Forinstance, traders achieve excellent execution speeds through their premium MT4and WebTrader platforms. Lime Fx offers the full range of the MT4 and MT5 trading platforms. The Terminal moduleof the MT4 platform allows you to manage and monitor all your tradingactivities, pending orders, trading account history, cash operations, overallbalance, equity, and your margin.
The Top Up account supports various base currencies including USD, NGN, ZAR, and JPY, based on the trader’s location, with a minimum deposit requirement of $0. Top Up account grants access to all Lime Fx trading instruments and provides a minimum trade size of 0.01 lot. Premium Pro account provides access to all Lime Fx trading instruments with a minimum trade size of 0.01 lot. Pro account provides access to all Lime Fx trading instruments with a minimum trade size of 0.01 lot.