LimeFX Reviews Read Customer Service Reviews of LimeFX com

LimeFX caters to most traders from its headquarters in Saint Vincent and the Grenadines, but it has offices in each country where it maintains a regulatory license. The reason for these subdued levels of leverage is the regulatory bodies that govern brokerage firms in the UK, EU, and UAE have strict limits on how much leverage is allowed. LimeFX is a safe broker, considering they are limefx forex broker regulated by top-tier financial authorities.

Automated trading is also availablethrough expert advisors. This new multi-panel user interface, with a dockable panel, was specifically developed to incorporate many of the advanced features of the iPad device. It offers you benefits and advantages such as live monitoring of prices for all instruments offered by HF Markets and complete online management of orders, positions, equity and exposure.

What is the minimum withdrawal?

1. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry.
2. 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.
3. Overall, I can’t fault the LimeFX education resources, but make sure to take your own trading success into your hands, and educate yourself.
4. He has a Masters and Commerce degree and has an active role in the fintech community.
5. This can be a good option if you have a very promising strategy, or if you’re able to find another trader whose strategy you’d like to follow.

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. 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.

A HFCopy account is a copy trading account, which allows you to sign up as either a strategy provider or a follower. This account allows you to use the HFCopy app which uses the MQL5 MetaTrader Signal network for social trading. All accounts come with a personal account manager, which is just a fancy word for a customer service agent. Don’t expect any hotshot trading advice from your account manager.

HF Markets Review – Analysis of Brokers’ Main Features

When you get to the next step, it’s time to choose which account type you’d like to open. It’s important to pick an account type that matches your trading experience and strategy, so make sure to read the above section on account types. We must warn you, that some of the digital wallets have hefty fees and currency conversion spreads. Most traders should be electing to use wire transfers or credit/debit cards to deposit, depending on how much they’re transferring. Features MT5 offers over MT4 include the ability to trade stocks, more order types (6 vs 4), additional technical indicators (38 vs 30) and analytic tools (44 vs 23). You will also find 21 timeframes vs 9, a Depth of market indicator and even 64-bit (vs 32-bit)processing which makes MT5 a superior option for backtesting.

What Demo Account Does LimeFX Offer?

I particularly want to highlight the management team at LimeFX, who understands the importance of competitive regulation, the safety of clients, and the benefits of leverage and loyalty programs. I can only recommend LimeFX, where traders get a broker who cares about them and understand the trading conditions that enable profitable traders to succeed. 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. That said, trading costs at LimeFX are slightly above the industry average across its spread-only accounts.

Falsely claim they are FCA regulated

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. The website lp.hfeu.com limefx scammers 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.

All client deposits remain segregated from corporate funds, and LimeFX provides negative balance protection to all traders. At the time of writing, spreads on LimeFX commission accounts were tight on major currency pairs, but wide and expensive once you step into currency crosses like the EUR/GBP. It does appear you get good value provided you use the right currency pair.