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. Features MT5 offers over MT4 include the ability to limefx 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. MT4 is the industry-standard workhorse software of the retail forex industry and is offered by many brokers so is one we are very familiar with.
Different Account Types
- Please be assured that we have conducted a comprehensive investigation to ensure appropriate actions are taken.
- Overall, LimeFX is recommended based on its commission and fee structure.
- All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor.
- This company deleted my money of dollars from the meta and there was no bonus in my account.
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. The educational package includes over 20 video tutorials,over 30 recorded Forex videos, trading webinars with Forex experts, and the LimeFXeCourse in Forex. LimeFX has done a great job of publishing research &education, and it is visible that plenty of effort and resources are dedicated,especially in the research section.
The broker allows traders to deposit and withdraw funds with variousmethods. The minimum deposit amount is only $50, which is very low compared tocompetitors in the industry, and there is no limit for minimum withdrawalamounts. 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. The Copy account allows you to track the leading traders andcopy their trades. 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.
I like the trading environment at LimeFX for both beginner and advanced traders. High leverage, generous bonuses, a loyalty program, and interest on free margin complement cutting-edge trading tools and ensure LimeFX clients have a notable edge in financial markets. The absence of cryptocurrency CFDs, for now, in an otherwise well-balanced asset selection is the only criticism in an otherwise excellent trading environment.
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. Interestingly, LimeFX also offers 1800 physical shares but only for clients based in Europe, the UAE and other countries outside the UK and South Africa.
Account Options
HF Affiliates is oneof the leading Partner Programs in the industry featuring competitivecommissions, marketing tools, and exceptional support. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. This company deleted my money of dollars from the meta and there was no bonus in my account. I wrote to Mr. Bartın, the customer representative, to find out the situation and he blocked me.
Fees & Commissions
I found the push notifications particularly useful, alerting you to major events and price movements. LimeFX offers the MetaTrader limefx forex brokers reviews 4 (MT4) and MetaTrader 5 (MT5) platforms, two of the best third-party trading solutions. We also rated the proprietary mobile app, which we review in more detail below. Longer-term investors will appreciate that 2000+ physical stocks can also be bought and sold, while fractional shares reduces the financial barrier for newer traders.
Submit Your Own Review of HF Markets
LimeFX offers different types of accounts to its clients tosuit a wide range of trading strategies. Based on regulator requirements, thereare different account types for each region. LimeFX offers traders MT4/MT5 and upgrades them with 12 trading tools by FX Blue Labs plus Autochartist.
LimeFX has the usual range of CFD trading instruments such as Forex, cryptos, commodities, stocks and indices. Perhaps most interesting was the ability to purchase the physical stocks (i.e. the underlying instrument) but this feature is not available for UK and South African clients. Other good features we think are worth noting include being regulated in 6 different countries or regions. Their Balance Protection Policy safeguards investments, and segregated accounts ensure funds are kept separate from the company’s operational funds, enhancing financial security. Additionally, compliance with FCA and CySEC regulations underscores their commitment to creating a reliable and secure trading environment for users.