HF Markets LimeFx review 2024 ++ Scam or not? Broker test

LimeFx broker review

Trader Education in the type of webinars, eBooks, and recordings are accessible. Moreover, there are heaps of rewards, advancements, and challenges to support and reward dedicated limefx reviews customers. HF Markets has enough in its weapons store to challenge the leading brands in the EU and UK, and it is likewise pushing hard to make advances in different markets.

LimeFx broker review

Forex Risk Disclaimer

Yes, some trading instruments may be restricted due to regulatory requirements or account types. Yes, they provide various custom trading tools, indicators, and expert advisors to help traders improve their trading strategies and analysis. Known for its reliability, adaptability, and comprehensive features, the MT4 platform is widely utilized.

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LimeFx also provides free services such as Autochartist and premium trading tools. Similar trading conditions can be found with the LimeFx pro account, where the cost per trade starts from $6, but by charging spreads from 0,6 pips (which are 40% lower than the industry standard of 1 pip). The LimeFx Premium account includes a choice of base currencies – USD, EUR, PLN, NGN, JPY – varying according to the trader’s location and the broker’s entity.

Reviews4.3

USD, EUR, KES, NGN, and JPY are supported account-based currencies. The Zero Account offers you access to trade CFDs on Forex, commodities, stocks, ETFs, Bonds, Cryptocurrencies, indices, Energies, and Metals. However, these instruments are available as Contract for Difference (CFD). This means that you do not get to own the underlying asset, but you can attempt to pick the direction of the market price. Our impartial review aims to provide you with valuable insight to make an informed decision when considering trading with HF Markets. Yes, LimeFx is a trustworthy broker, regulated by MiFID and the U.K.

LimeFx broker review

Popular Forex Broker Reviews

The platforms give access to six different kinds of accounts if you count the demo account as well, and these accounts vary in price depending on the account a user is operating. However, it is still one of the lowest pricing platforms so far. A full Metatrader suite on HF Markets is loaded with choice tool packages for their customers. These tools are known as premium trader tools, made to improve users’ experience on the platform.

What instruments can I trade with?

The brokers accounts come with a variety of features and benefits designed to cater to investors’ needs and enhance their investment experience. LimeFx’s primary income sources are spreads on all the accounts and trading volume commissions of $6/lot round turn on the Zero account. LimeFx also makes money from swap fees on open positions overnight and inactivity fees of $5 per month after six months. Deposit and withdrawal fees vary, with specific charges for bank wire deposits below $100 and BitPay withdrawals. The LimeFx Premium account caters to retail traders globally as it is available under any LimeFx entity. The Premium account offers a straightforward trading experience with no minimum deposit and no trading volume commissions, which makes it a standard account offer for retail traders.

The ratings and third-party reviews presented below are provided for informational purposes only and may not accurately represent the broker’s quality. If you do need to get in contact with the support team, you will find them readily available in English through live chat, email, or phone. Some assets are unavailable for trading, depending on the LimeFx entity. Such is the case of cryptocurrencies for retail traders residing in the EU, UK and Australia, under the HF Markets entity. Ultimately, this means that traders get the very best price from the many liquidity providers that LimeFx has in place. The LimeFx standard account, called LimeFx Premium Account, charges spreads from 1.4 pips.

Thank you for positive feedback regarding your experience with our Forex services! Your feedback motivates us to keep delivering excellent service.If you ever have more thoughts to share or need assistance, feel free to reach out. I have been using LimeFx for 2 years and i assure you that this is the best broker, easy-to-use and reliable service provider for all. I am grateful for using LimeFx broker, it meets the necessary needs of the trader and simultaneously providing exceptional benefits which you can utilize and stabilize your account. However, updated Trading Platforms are expected and the level of education needs improvement.

It seems to me that this company takes heed of clients’ feedback. Some time ago I saw that a few traders complained about the unmodern design. And now the company has corrected it.Broker is also constantly improving its services./ I have noticed this in my experience. 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.

  • When selecting between the two platforms it is important to note that you may not have access to all instruments offered by LimeFx, depending on which platform you choose.
  • HF Markets is known as a trending platform in online trading activities, derivatives on UK and US stocks, forex trading, spot metals, commodities, and indices.
  • The customer service team is professional, helpful and usually answers within 1 business day.

These PAMM accounts are specialised for trading in Forex, metals, oil, and indices with a minimum trade size of 0.01 lot. Traders can utilise both MT4 and MT5 trading platforms with the LimeFx Premium Pro account. Additionally, the Pro account is available as an Islamic swap-free option. Since your funds are kept in segregated bank accounts, you can safely withdraw your money whenever you want. In order to ensure a smoother withdrawal process, which can make it faster to some extent, make sure your KYC information on LimeFx (i.e. your personal information provided) is up to date.

This allows traders to access their accounts and trade the markets seamlessly from anywhere with an internet connection. The broker offers a variety of trading platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), as well as their proprietary platform, HF App. https://limefx.club/ MT4 is known for its user-friendly interface and extensive charting capabilities, making it suitable for traders of all levels. The broker provides a risk management mechanism known as negative balance protection, which is available to all retail trading accounts.

HF Markets typically does not charge withdrawal fees for most withdrawal methods. However, your payment provider or bank may impose fees for processing the withdrawal, especially for international bank transfers or currency conversions. Withdrawing funds from your HF Markets trading account is a straightforward process that can be done through the client portal or trading platform. In addition to trading fees, they may charge non-trading fees such as deposit and withdrawal fees, inactivity fees, and currency conversion fees. Deposit and withdrawal fees vary depending on the payment method used and may be subject to minimum or maximum transaction limits. When compared to other forex and CFD brokers, their commission fees are exceptionally cheap.

LimeFx offers a wide range of payment options, including all major credit and debit cards, wire transfers, Skrill, Neteller, and Bitcoin (some country restrictions may apply). These methods can all be used for both deposits and withdrawals. If you don’t like staying in the market too long and your preferred trading style is scalping, LimeFx has the perfect account for you.

Very helpful and useful, though my trading experience still remains to be seen. Contact us directly for further inquiries about our products and services. LimeFx has a strong commitment to not just providing the bestpossible customer experience, but also acknowledging its social responsibilityto communities and organizations around the world.

Filippo Ucchino created InvestinGoal, a comparison site and educational portal for the online trading and investing industry. Through InvestinGoal, Ucchino helps users navigate the world of online investing and trading by providing trading guides, best brokers rankings, broker reviews, and broker comparisons. For the PAMM Premium account, traders can benefit from spreads starting at 1.6 pips without any trading volume commission, which is 60% higher than the industry standard of 1 pip. However, it should be noted that PAMM accounts generally have higher spreads than normal accounts. Both LimeFx PAMM account types operate exclusively with USD as the base currency and require a minimum deposit set at $250. 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.

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