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. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. That said, trading costs at LimeFx are slightly above the industry average across its spread-only accounts. The Copy account allows you to track the leading traders andcopy their trades.
GLOBAL LEADERIN ONLINE TRADING
The broker also offers negative balance protection, which protects you against going into debt in times of a losing trading position. The safety of a forex broker has a lot to do with what government regulator is issuing the company a trading licence. For the EUR/USD pair, LimeFx has a spread of 1.2 pips, which is lower than the industry average of 1.35. However, from this point on, LimeFx was wider than the industry average.
What is Metatrader 5 (MT ?
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. Itis a very comprehensive offering and is led by the LimeFx Head Markets Analyst.
CHOOSE YOUR CFD FOREX TRADING PLATFORM
Whatever your trading strategy, level of funding or appetite for risk, there is an account to match your needs. 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. 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. 70% of retail investor accounts lose money when trading CFDs with HF Markets (Europe) Ltd.
Compare Trading Accounts
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. 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.
LimeFx Customer Support
We tested the platform with LimeFx and except for some personalised branding, MT4 with LimeFx has all the features we expect to see. ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. For the superior trading conditions, flexibility and reliability HF Markets offers to its traders. HF Markets offers multi-asset trading through the world’s most advanced next generation online trading platform MetaTrader 5. Forex trading also offers high liquidity, low transaction costs, leveraged trading and the ability to trade 24 hours a day, five days a week.
Deposits & Withdrawals Methods
- The safety of a forex broker has a lot to do with what government regulator is issuing the company a trading licence.
- All that said, LimeFx do have the most popular traded pairs which is all most traders will need.
- Most traders should be electing to use wire transfers or credit/debit cards to deposit, depending on how much they’re transferring.
- This account type is the same as the Premium or Zero SpreadAccount but follows Islamic law and therefore is a swap-free account.
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. Beginner traders will find it easy to deposit and withdraw from LimeFx and be able to trade with tiny amounts of capital. 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. 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 platform can be downloaded on thedesktop or used online through the MT4 web-trader platform. As well, MT4 mobileapplications are available for both Apple and Android smart devices. LimeFx offers a reasonably in-depth educational platform limefx reviews suited for reasonably new traders. The team at CompareForexBrokers have long liked the ultra-intuitive, feature-rich experience that allows you to quickly analyse markets and enter and exit trades with a few mouse clicks.
Formerly known as Hot Forex, LimeFx (HF Markets) is a forex and CFD broker that’s a good match for beginner to intermediate traders. 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. Automated trading on MetaTrader 5 (MT5) is performed using the MQL (MetaQuotes Language) programming language.
Some brokers like LimeFx, IG, and TMGM allow you to choose from 1000s of global shares so LimeFx might not be the best choice if you like trading and require a variety of shares CFDs. This type of account is certainly for more advanced traders, and if you’re just getting started in the markets, could be a good thing to strive for in the future. All accounts come with a personal account manager, which is just a fancy word for a customer service agent. 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. Our exclusive trading tools will help you take your trading experience to the next level. They providelucrative programs without standing support and advanced technology.
We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. 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 offers an extensive range of over 150 tradeable assetsto its clients. LimeFx offers a wide range of tradable markets, including forex trading, stocks, indices, bonds, commodities, ETFs, energy products, and even crypto CFDs. The company offers both dealing desk and non-dealing desk trading, depending on the specific account type you choose to open. The MT5 mobile app is available for both Android and iOS devices and allows traders to access their trading accounts from anywhere, at any time.
Meanwhile, the Pro account requires a minimum deposit of $100 or a similar amount in your base currency. LimeFx Trading App is the in-house app developed by LimeFx allowing traders to trade from their smartphones. The main benefit of using this app is that logging into your trading account is easier since it can be done with your LimeFx credentials. You also will not need to select the MT4 or MT5 server you wish to use and lastly funding your account can be done directly via the app. Should shares CFD shares be your preferred trading instrument, LimeFx offers a total of 96 shares to choose from with MT4 and 846 with MT5.
With MQL, traders can write and execute their own custom trading algorithms and automated strategies, known as Expert Advisors (EAs). EAs allow traders to automate their trades based on pre-defined criteria, such as technical indicators or market conditions. This can help traders to save time and reduce the emotional impact of trading, as well as potentially increase the efficiency and accuracy of their trades. Overall, the use of MQL and automated trading with EAs is a popular feature of MT5, providing traders with a flexible and powerful tool for executing their trades in the financial markets. At HF Markets, we offer multiple account types to suit the specific requirements of different traders.
Depending on the marketmovement, there will be potential for profits. This account type is the same as the Premium or Zero SpreadAccount but follows Islamic law and therefore is a swap-free account. For instance, in Europe and the UK, LimeFx offers its Micro,Premium, and Zero Spread only.
Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). https://limefx.club/ They provide service to more than 180 countries across the globe andoffer both STP and ECN trading platforms. LimeFx is a forex and commoditiesbroker and is the brand name of HF Markets Group.
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. Since 2010, HF Markets Group has empowered traders to pursue opportunities in the financial markets. We have become a one-stop shop for cutting-edge technology, wide-ranging education and superior trading conditions. Forex, short for foreign exchange, is a decentralized global market where currencies are traded. One of the key advantages of forex trading is that it allows individuals and institutions to trade on currency volatility. LimeFx provides traders with favourable trading conditions thatare considerably better than many other online trading brokerages.