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The four trading account types, plus a demo and an Islamic account, cater to various needs and cover the entire spectrum of trader types. I like the Cent version for testing new EAs or manual trading strategies. My preference remains the Zero option, which I recommend to all active traders.

  • Remember though that these may be subject to change based on where you are, and the market.
  • The LimeFx PAMM Account allows investors to invest funds in experienced PAMM Fund Managers who trade the markets on their behalf.
  • LimeFx charges traders spread & commissions, depending on your account type.
  • The HF Markets Group has won a number of industry awards, including best stock broker, best trading platform broker, and best forex trading app.
  • Below you can see an overview of the most common trading fees you will incur, based on the broker’s standard account type.
  • Also, LimeFx doesn’t charge any extra fees for deposits or withdrawals from traders in South Africa.

Because the Zero Spread account is an ECN account, HF Markets /Hotforex does provide an ECN account. This account has a very low spread when compared to other accounts, it has a spread ranging around 0.0 pips. HF Markets (LimeFx) Micro Account has the lowest required minimum deposit of $5.

LimeFx HF Markets Summary

And now the company has corrected it.Broker is also constantly improving its services./ I have noticed this in my experience. By trading conditions, the company means trading with leverage, easy withdrawals, the smallest minimum limefx scam deposits, and the fastest order execution speed. The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Forex traders also appreciate the ability to engage in social copy trading.

  • A vital cog in the wheel for any broker and trader alike are the trading platforms.
  • Those who do not have a sufficient deposit size, but want to get maximum opportunities.The other types of accounts are almost the same except for the size and type of spread.
  • Various payment methods will process withdraw money in slightly different time.
  • You can see a complete list of the educational material offered by Hotforex here.
  • Ultimately, this means that as a trader, you get the very best price from the many liquidity providers that the broker has in place.

In both cases, you will get access to myHF client area where you can manage all your accounts and finances. To sum up, LimeFx offers an end-to-end solution from on-boarding, to execution and settlement of payments. Anybody who wants to signup with LimeFx for trading forex & CFDs should consider it a safe & low risk broker.

Accolades for Best Trading Accounts

Although the traders are registered under their offshore regulation, but the fact that their parent company is well regulated makes LimeFx a low risk Broker. So in our financial review though either you wish to join copy traders or to use EAs, perform scalping or become a partner etc. there is an option for all. However and unless you trading through swap-free accounts designed to traders following Sharia rules, as these accounts restricted from any interest rates or swaps. Despite this, there are no deposit fees or some of the withdrawals are free as well, which we will see in our LimeFx review further. Once you ready or decided to start Live Trading you can submit for a Live account where LimeFx may ask you for confirmation of your documents including identity, residency and other proof before you start. In simple terms it means the broker is regulated and authorized to offer its trading service along with necessary safety measures and controls applied.

LimeFx – Virtual to Real

First, you must know the symbol for the index that you want to trade. For example, if you are to trade DJI (Dow Jones Industrial Average), which is a basket of 30 major stocks in the US, the symbol for that is USA30 at LimeFx. After you have submitted your documents, LimeFx will normally verify your account in business hours and revert to you on your email with account verified message. In case you don’t receive confirmation within this time, you should contact their support for an update.

If you want to expand your research, and evaluate some options similar to this broker, you can consult the alternatives to LimeFx. They are a well-respected broker and international entity of HF Markets. Top-tier regulation is in place at the broker and is provided by CySEC, FCA, DFSA, FSCA, and the FSA. LimeFx is regulated and licensed with top-tier Regulatory authorities in United Kingdom, Cyprus, South Africa, St. Vincent & The Grenadine and Seychelles. All information on is only published for general information purposes.

Points can then be traded for cash or top-quality trading services. Make sure you type these correctly because if you make mistakes you will not be able to connect to your trading account via Hotforex login. With the HFcopy account, you can connect with over 250,000 other traders. You can choose to follow and copy successful traders, or you can set yourself up as a Service Provider (SP). Followers, on the other hand, by opening an account will be able to deposit funds and start copying the trades of their selected SPs. 2023 Annual Awards

In the sample below, we can see that LimeFx isn’t the best choice for spread-only trading given most other brokers perform better. Other good features we think are worth noting include being regulated in 6 different countries or regions. Unfortunately, if you are in Australia, Canada or the USA you cannot sign with LimeFx. The broker also shines when it comes to education and its global research team, which publishes a large stream of articles and webinars to keep you on top of market news. Only in the event of certain circumstances will these requirements not be fulfilled.

They go out of their way to ensure you have a great experience with them. From within your client area, you’ll always have the option to launch each platform available to you. When you create a new account, your credentials to log into each MetaTrader version will be available on-screen after creating the account and on your email that confirms the account creation. To log in to your Hotforex (LimeFx) account, simply open the platform you want to trade on e.g WebTrader, MT4, MT5 etc.

Most traders should be electing to use wire transfers or credit/debit cards to deposit, depending on how much they’re transferring. Forex brokers often offer different account types, to match different styles of trading, regulatory requirements for certain countries, and your desired trading instrument. To open a forex trading account with Interactive Brokers, you’ll need to make an initial minimum deposit of $0. To open a forex trading account with FxPro, you’ll need to make an initial minimum deposit of $100. 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.

This LimeFx broker review found that HF Markets is a hybrid broker and it does not take the other side of its client’s trades resulting in no conflict of interest. This allows them full transparency, the ability to charge lower spreads and to focus on excellent customer service. Our trading accounts have been meticulously designed to cater to the diverse needs of traders, ranging from novices to seasoned professionals. Recognized for their excellence, these accounts are deemed the best in the industry. Trade a variety of markets through a regulated platform, gaining access to a diverse and expansive trading environment.

Where HotForex located?

The company’s offerings include a demo account, trading on webtrader, and participation in various demo contests. Clients have the opportunity to access interbank spreads and liquidity via cutting-edge automated trading platforms, ensuring a seamless trading experience. LimeFx offers CFDs trading services choice of 7 account types and trading platforms with tight spreads averaging EUR USD 0.1 also operating unrestricted liquidity. Which is allowing any size or profile trader choose between various spreads and liquidity providers via automated trading platforms and perform any strategy, including News trading.

On the other hand, LimeFx has limited portfolio for EU clients, with only Forex and CFDs are offered. Also, international trading is done via offshore branches with lower requirements, however LimeFx has good reputation so is considered to sign in. 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. I recently opened my account and was able to activate it and start earning on the same day!! And you can start with as little as 25$Really love the efficiency, customer service and quick responses from the staff. He has always fulfill my request and give good advice.Also my experience with funding and withdrawal form LimeFx has been easy for me, and I like the ease of doing business with LimeFx.

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