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. The broker also offers negative balance protection, which protects you against going into debt in times of a losing trading position. 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. As an aside, while we haven’t physically tested the spreads ourselves with HF Markets, we have tested RAW spreads with other brokers like Pepperstone, IC Markets, and Fusion Markets.
LimeFx (HF Markets) Review
LimeFx is one of the most respected forex brokers on themarket. 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. Interactive Brokers is a highly trusted multi-asset broker with an extensive offering of tradeable global markets. It delivers competitive fees and high-quality research and education, as well as a modern, institutional-grade trading platform suite. In summary, LimeFx emerges as a robust contender in the online trading sphere.
User Experience
For example, the GBP/USD pair has a spread of 1.9 for LimeFx, compared to the industry average of 1.68. The AUD/JPY pair sees a spread of 2.8 for LimeFx, while the industry average is 2.31. We collected data from the websites of 50 different brokers so we think this sample size provides a fair base to calculate industry averages. LimeFx does not offer services to residents of certain jurisdictions, including the USA, Canada, Sudan, Syria, Iran, North Korea and others. 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. You can trade both Spot marketIndices (plural for Index) as well as the Futures market.
Excellent job by Aznor(HF#
As well, MT4 mobileapplications are available for both Apple and Android smart devices. 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. 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.
That said, trading costs at LimeFx are slightly above the industry average across its spread-only accounts. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker’s commissions and fees, we found that Interactive scammed by limefx Brokers offers better pricing overall for traders. 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.
The LimeFx website states that the firm supports 27 different languages, which seems quite impressive, so if English isn’t your chosen language, LimeFx may be a good option for you. For urgent technical support or inquiries, calling the company’s phone line would be a much quicker option, but be aware that international calling may be costly. The simplest option would be a straight wire transfer, which will generally take 2 to 10 business days. If you wish to automate your trading or build your custom indicators, MT4 allows you to build Expert Advisors (EAs) to do these. 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. 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.
Always notify about good promotions.The account I am using does not charge swap fees for orders placed across the day. We’re concerned to hear about the difficulties you’ve experienced with our services. To better assist you and address your concerns promptly, please email us or join our live chat to provide more details. We are committed to resolving your issues and improving your experience with us. This broker will pending your deposits when you need to hold your positions. They give excuses that they followed AML regulations and you are required to submit some documents.
I have have deposit multiple time without issues, but when i’m in need of fund, the will try yo block you and make you loose your trades and they are not liable of your looses. We’re happy to hear that you’re satisfied with our assistance and service. Beginner traders will find it easy to deposit and withdraw from LimeFx and be able to trade with tiny amounts of capital.
An advanced trader with trading experience, can become aStrategy Provider and display their trading strategy, knowledge, and expertisein exchange for a performance fee based on copy trades. Three are aimed at beginner to intermediate traders, with a separate pro account designed for more experienced traders. Just note that some accounts are only available in certain countries. It does appear you get good value provided you use the right currency pair. LimeFx provides traders 102 currency pairs (e.g., EUR/USD) compared to Interactive Brokers’s 90 available pairs.
Overall, I can’t fault the LimeFx education resources, but make sure to take your own trading success into your hands, and educate yourself. It’s also a good idea to master your strategy on a demo account before switching to a live account. With LimeFx, customer service is available 24 hours per day, five days per week through email, phone, and live support.
We’re happy to hear that you’re satisfied with our customer service. Your satisfaction is our top priority, and your feedback is greatly appreciated. LimeFx prioritizes user security through a combination of measures. Their Balance Protection Policy safeguards investments, and segregated accounts ensure funds are kept separate from the company’s operational funds, enhancing financial security.
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. Withdrawal methods are the same as the deposit methodsexcept that the e-wallets available for withdrawals are limited to Skrill &Neteller. LimeFx charges no commission or fees on deposits orwithdrawals. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. LimeFx is a safe broker, considering they are regulated by top-tier financial authorities.
Traders can view theirtrading activity and analyse using advanced analytical tools and charts attheir disposal. LimeFx provides the universally recognized MetaTrader 4 platform as their trading platform. The platform can be downloaded on thedesktop or used online through the MT4 web-trader platform.
23 indices and 34 ETFs covering US, European and Japanese markets are available. We gave them this score from evaluating their regulation, reputation, and reviews. This can be a good option if you have a very promising strategy, or if you’re able https://limefx.club/ to find another trader whose strategy you’d like to follow. We think LimeFx’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.
- We’re delighted to hear that you’re pleased with our customer care, as well as the efficiency of our deposit and withdrawal processes, and our competitive spreads.
- While LimeFx offers copy trading, Interactive Brokers does not.
- 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.
- LimeFx Trading App is the in-house app developed by LimeFx allowing traders to trade from their smartphones.
- We take published spreads from the broker’s website and compare them with other brokers.
- We always strive to provide the best experience for our valued clients.
Help our agents identify you so they can offer more personalized support. Use our international search tool to find a broker that accepts clients from your country. 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.