We tested the platform with LimeFx and except for some personalised branding, MT4 with LimeFx has all the features we expect to see. Of the accounts LimeFx offer, we think their no-commission accounts are a better choice, that said, we think there are better brokers for low spreads. Their Balance Protection Policy safeguards investments, and segregated accounts ensure funds are kept separate from the company’s operational funds, enhancing financial security. Additionally, compliance with FCA and CySEC regulations underscores their commitment to creating a reliable and secure trading environment for users.
AWARDED BEST TRADING ACCOUNTS
Help our agents identify you so they can offer more personalized support. We have created a mobile experience specifically tailored to the needs and demands of our traders. The LimeFx App is modern, innovative, intuitive and awarded by Capital Finance as Best Forex Trading App. Yes, based on your detected country of NL, you can open an account with this broker.
- 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.
- 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.
- Select your preferred currency pairs and use the platform’s advanced trading tools to open, manage, and close your positions.
- If you’re from the UK, Europe or the UAE, LimeFx is a highly regulated broker with a respectable amount of tradable products.
LimeFx Account types
Most features on offer are quite generic for typical no-dealing desk brokers. For example, trading via MetaTrader 4 and MetaTrader 5 trading platforms and a decent range of CFD trading products like Forex, cryptos, stocks, commodities and bonds. 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). You can trade a maximum of 7Lots per trade up to a maximum number of 150 orders.
User Experience
In the sample below, we can see that LimeFx isn’t the best choice for spread-only trading given most other brokers perform better. 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.
What Leverage Does LimeFx Offer?
Access our free educational resources to improve your trading skills and strategy. By trading Forex CFDs, individuals can buy and sell currencies based on the predicted difference limefx review 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.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. That said, trading costs at LimeFx are slightly above the industry average across its spread-only accounts. There is a reason why foreign exchange, or forex, is the largest financial market in the world; It allows trading on currency fluctuations. Go short or long on Forex CFDs, take advantage of the superior trading conditions offered by HF Markets and become an active forex trader in the global markets.
We have become a one-stop shop for cutting-edge technology, wide-ranging education and superior trading conditions. Overall, trading Forex can offer numerous opportunities for profit, but it also carries a high level of risk of loss. Therefore, it’s important to approach Forex trading with a sound trading plan and a disciplined approach to risk management. At HF Markets, you can access a wide variety of educational resources to help you improve your trading skills.
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. 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. If you have an insight on interest rates, or where the bond markets will move, you can trade contracts based on the Bund, Gilt, and U.S.
Metals are available on the Spot market including Gold,Silver against the USD, and Euro. LimeFx demo accounts are easy to set up and come with live pricing, virtual account balances of up to $100,000 and unlimited usage. With LimeFx, customer service is available 24 hours per day, five days per week through email, phone, and live support. All that’s left to do is load our chosen trading platform and make a deposit. Next up, I was offered a top-up bonus, which is an incentive from LimeFx to deposit funds into the account. 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.
Our exclusive trading tools will help you take your trading experience to the next level. They providelucrative programs without standing support and advanced technology. Eachpartner is linked with a Personal Account Manager to make sure their plans aresuccessful. LimeFx Demo account is designed to closely resemble the Liveaccount, thereby offering a seamless transition to the Live account for anybodynew and testing the market before putting in their real money.
LimeFx has added the new and updated version of MT5 boastsstate-of-the-art features including options for hedging, while MT4 is slightlyless advanced and more suited to traders who are new to the markets. LimeFx offers different types of accounts to its clients tosuit a wide range of trading strategies. Based on regulator requirements, thereare different account types for each region. The leverage that LimeFx offers you varies greatly, depending on where you’re located, whether you’re a retail or professional trader, and which products you choose to trade.
In terms of transferring your funds from your bank account into your LimeFx account, there are several options (some are better than others). Each has a differing minimum deposit amount, ranging from $5 to $100. Interestingly, LimeFx also offers 1800 physical shares but only for clients based in Europe, the UAE and other countries outside the UK and South Africa. There are no commission costs and you can even buy fractional shares for $5. 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. Steven Hatzakis is the Global Director of Research for ForexBrokers.com.
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. Contact us directly for further inquiries about our products and services. 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.
We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. LimeFx is an online trading brand with high prestige in thefinance world, with certifications and awards to substantiate theirreliability. 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.
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). Itis a very comprehensive offering and is led by the LimeFx Head Markets Analyst. 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. Beginner traders will find it easy to deposit and withdraw from LimeFx and be able to trade with tiny amounts of capital. I found the volume of research released by the analyst team to be more than sufficient for keeping most traders up to date with the latest market movements.
The website is operated and provides content by HF Markets (Europe) Ltd. No HE with registered and office address at Spyrou Kyprianou 50, Irida 3 Tower 10th Floor, Larnaca 6057, Cyprus. Access a wide range of desktop, web and mobile Trading Platforms including the LimeFx platform, MetaTrader 4 and MetaTrader 5. Traders need to stay up to date with economic news and events that can affect currency prices. You can find out when major economic news is due for release on our Economic calendar.
The demo platform willhave $100,000 virtual money when you open the account, where you can check yourtrading strategies under close to actual market conditions. 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.
This powerful but user-friendly platform offers more features, advanced trading tools, superior support and total control of your trades for an enhanced trading experience. Get the best start to your efficient trading of https://limefx.club/ the markets with one of the most innovative and popular trading platforms in the world. Formerly known as Hot Forex, LimeFx (HF Markets) is a forex and CFD broker that’s a good match for beginner to intermediate traders.