LimeFx offers very competitive trading costs, as well as low non-trading costs. Below you can see an overview of the most common trading fees you will incur, based on the broker’s standard account type. If you’re new to forex trading, our broker review team would recommend opting for the LimeFx Micro account. This LimeFx broker review showed that there are six types of accounts on offer.
- There’s a minimum deposit amount of $5 for most methods too, aside from Bitcoin which has a minimum deposit amount of $10.
- Alternatively, you can open a zero spread account with a minimum deposit of $200, or a Premium Pro account with $500.
- For forex, gold, and cryptocurrencies, an additional fee is included that considers an internal risk assessment.
- 66.33% of retail investor accounts lose money when trading CFDs with this provider.
- From currency pairs and shares to commodities and cryptocurrencies, you’ll find a good list of options.
The LimeFx App is modern, innovative, intuitive and awarded by Capital Finance as Best Forex Trading App. Please check your email for the login Account ID.For any further clarification please do not hesitate to contact us. The website affiliates.hfeu.com 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. To log in to your HotForex account, go to the HotForex website and click on the “Login” button in the top right corner. If you have any issues logging in, you can contact HotForex customer support for assistance.
Our Hotforex review also discovered that this broker is perfect for beginners, as they offer an excellent LimeFx demo account. You can use the demo account for however long you like to practice trading in real market conditions. A perfectly equipped workplace, this powerful platform allows traders to efficiently analyze price dynamics, make trade transactions and work with automated programs (Expert Advisors). All these features and more are combined into one platform that provides all you need to start trading in the financial markets.
Should your account remain unused for between six months and one year, a $5 fee is charged. This increases to $10, $20, and the previous year’s fee + $10 per month for inactivity periods of 1-2 years, 2-3 years, and over 3 years respectively. After your accounts are open, you’ll find that you can easily manage them as wallets from your client area.
From within your client area, you’ll always have the option to launch each platform available to you. The more you trade, the further you progress in the program and the more points you earn. All deposits are processed instantly, except for wire transfers which can take up to 2-7 https://limefx.biz/ working days to be credited to your LimeFx account. There’s a minimum deposit amount of $5 for most methods too, aside from Bitcoin which has a minimum deposit amount of $10. You can choose to follow and copy successful traders, or you can set yourself up as a Service Provider (SP).
No matter what your needs are, you will find something that’s in line with your requirements. Below is a breakdown of each of the different account types offered by LimeFx. LimeFx does not offer services to residents of certain jurisdictions, including the USA, Canada, Sudan, Syria, Iran, North Korea and others. Yes, LimeFx provides training course videos, educational videos, forex education/e-course, events, live webinars, exclusive analysis, and a podcast for training purposes for its clients.
Followers, on the other hand, by opening an account will be able to deposit funds and start copying the trades of their selected SPs. Whether you’re just starting, or you’ve been trading for a while, LimeFx is an accomplished broker that offers just about everything you could think of. Provided freely to all Clients your myHF area provides you with complete control over your tradingand financial operations with a single login and user friendly interface. Available on desktop, mobile and through the LimeFx App, the myHF area is an all-in-one account managementsolution and a virtual gateway to all the services offered by HF Markets. We have created a mobile experience specifically tailored to the needs and demands of our traders.
LimeFx webtrader
Driven by my passion for trading, I have taken the initiative to share my insights and experiences with others through my engaging blog posts. LimeFx takes trader protection very seriously and all client funds are segregated. LimeFx offers market-leading insurance to all clients with a civil liability insurance program worth up to a limit of approximately $6 million or €5 million.
Is Hotforex (LimeFx) Legit?
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66.33% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Our LimeFx broker review team was impressed to see that this online trading broker offers fair minimum deposits across each of their account types. This shows that they are dedicated to client flexibility and gives you a comfortable point of entry regardless of your trading requirements. This LimeFx broker review found that the broker offers versions of their Micro, Premium, and Zero Spread accounts that are suitable for Muslim traders.
LimeFx Broker Review: Deposit and Withdrawal Options
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. MT4 was built for forex trading, while MT5 will is more focused on futures, stocks, and CFDs. 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).
The good thing about HF Markets (LimeFx) is that they allow users to open multiple accounts with different conditions from their client area. The LimeFx Demo Account closely simulates a real trading environment based on actual market conditions. Traders have access to the full range of markets plus access to numerous technical indicators and a view of real-time pricing.
This is a good account if you do not have the experience to trade on your own. The LimeFx PAMM Account allows investors to invest funds in experienced PAMM Fund Managers who trade the markets on their behalf. PAMM Managers earn a pre-agreed Success limefx scam Fee when they make a profit for their investors. If you have a little more experience under your belt, then the Premium account is a better option for you. With the Premium account, you can open larger positions and benefit from tighter spreads.
The HF Markets MT4 Terminal offers a number of impressive analytical tools:
This insurance protects against mistakes, negligence, omissions, fraud, and any other issues that could result in financial losses. You will be able to enjoy this coverage at no additional charge as an LimeFx client. The fully digital questionnaire makes the whole process quicker too, as you don’t need to worry about posting your documents to the broker for approval. LimeFx is available in over 27 different languages, though they do not accept clients from the United States, Canada, Sudan, Syria, or North Korea. Their popularity and success have not gone unnoticed either, as the broker has won more than 25 international awards.