Additionally, the LimeFx withdrawal method must be the same used for depositing funds. The selection may slightly vary depending on your area and the account type selected. 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. They are a statement of the ongoing efforts by LimeFx to maintain a competitive edge for its clients. A four tier loyalty program rewards active traders with cash rebates and other perks.
LimeFx, allows investors to trade over 1,000 financial assets through that single trading account and the diversity of instruments and the number of trading opportunities are almost unlimited. Each available financial market has different characteristics and trends, we outline them below. Trading with LimeFx will involve fees of $5 USD, spreads of 0.1, and commissions of $3 USD depending on the account and market selected. Overall, LimeFx can be summarised as a trustworthy broker that provides CFDs and low spreads on 100+ trading instruments.
- The company is pioneering the industry through the integration of cutting-edge technology, innovative forex system solutions, and unrivaled customer service, all while maintaining low-cost commissions.
- Active traders can lower expenses via the volume-based loyalty program.
- Despite these limitations, LimeFx’s comprehensive range of services, commitment to customer support, and competitive trading conditions make it a popular choice among traders worldwide.
- 23 indices and 34 ETFs covering US, European and Japanese markets are available.
However, potential clients are advised to approach reviews with caution, considering possible biases before making decisions. LimeFx’s copy trading platform stands as a robust trading conduit, designed to meld traders beyond territorial and experiential boundaries. It’s a transparent, secure, and effective platform that fosters collaborations and mutual growth in the attempt to conquer the markets. The 100% supercharged bonus awards you a daily rebate of $2 per traded lot, while the 30% rescue bonus gives you a financial boost to leverage your trading position without borrowing a margin from the broker. Having proper support is one of the most important factors in choosing the right broker. Customer support offices are located in 10 countries and clients can communicate with local and global offices over the phone, email, or chat live straight from the broker’s main web page.
Best MetaTrader 4 Forex Brokers
However, LimeFx will cover these commissions if you deposit more than those amounts. Regarding the HF Markets for traders in the EU, UK, and Australia the list of the available account base currency is USD, EUR, PLN. Additionally, within the European Union, HF Markets provides Negative Balance Protection, which means that traders will never lose more money than they deposit. LimeFx (and all the HF Markets Group entities) ensures client funds’ protection through segregated bank accounts, safeguarding them in case of broker insolvency or bankruptcy.
Trading Instruments
As well, MT4 mobileapplications are available for both Apple and Android smart devices. LimeFx provides an award-winning MT4 Platform as its main trading software and its newer version MetaTrader 5. Yet, we found not very wide range of trading instruments for European clients, it might be the case of regulations, but yet is good to check other industry proposals too.
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. Our results are really interesting and overall we can say there are brokers with spreads that are lower (at least according to our results). For the EUR/USD pair, LimeFx has a spread of 1.2 pips, which is lower than the industry average of 1.35. However, from this point on, LimeFx was wider than the industry average. 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.
LimeFx broker offers one of the largest varieties of tradable products in 7 different markets. You can find more than 3,138 securities that can be traded in Forex, commodities, indices, bonds, ETFs, stocks CFDs, and physical stocks. Tools, education, news & analysis have a dedicated section on the LimeFx website. This is super useful as traders can do all the activities of monitoring the fundamental indicators, calculating important data, and learning to trade all on one website. This adds to trader comfort and enables beginners to learn complex FX concepts easily as there are many webinars, seminars, video tutorials, and articles offered.
The LimeFx customer support team, consisting of seasoned industry professionals, is available 24/5 to assist clients from initial registration to the withdrawal of trading profits. Clients are the heartbeat of HF limefx scam Markets, and every endeavor is aimed at enhancing their overall trading experience. The dedication to clients emanates from a belief in offering a level of personal customer service that stands unparalleled.
With LimeFx, customer service is available 24 hours per day, five days per week through email, phone, and live support. Or, you can choose to withdraw to a crypto account, or e-wallet such as Skrill or BitPay for a much quicker withdrawal. Not every account or every country is offered the same bonus (or offered one at all), so it’s important to read the terms & conditions if you’re considering taking up a bonus offer.
What is the minimum deposit for LimeFx?
Forex spreads start from 0 pips and there’s a $6/lot round turn commission. Multi-lingual customer support is available 24/5, and LimeFx transparently lists all contact methods on its website. LimeFx describes its products and services well, and it has plenty of videos and a well-structured FAQ section. I recommend live chat should traders require assistance for non-urgent matters and phone support for emergencies. The MT4 trading platform remains the leader in algorithmic trading, and MT4/MT5 features a built-in copy-trading platform. I like the investment LimeFx made into upgrading the sub-standard out-of-the-box MT4/MT5, ensuring traders have an edge in financial markets.
An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, https://limefx.biz/ and conducts research on forex and the financial services industry while assisting in the production of content. Expand your trading spectrum by synergizing and interacting with traders whose insights can amplify your trading proficiency.
What makes LimeFx stand out from the competition is the huge variety of trading assets available. Nowadays, most brokers offer Forex, indices, commodities, and stocks as CFDs, but very few can offer physical stocks as an added bonus. With LimeFx you can trade more than 3138 instruments, out of which 2,170 are physical stocks.
The bonus works by giving me some extra capital when I deposit, and I’m then required to turn over enough volume before I can withdraw it. Should shares CFD shares be your preferred trading instrument, LimeFx offers a total of 96 shares to choose from with MT4 and 846 with MT5. MT4 shares are derived from NYSE, NASDAQ and EURONEXT exchanges while MT5 also include stocks from exchanges in Spain, The UK, Germany, Ireland and the Netherlands. MT5 has more shares since it is designed to enable trading via decentralised exchanges. The safety of a forex broker has a lot to do with what government regulator is issuing the company a trading licence. As a strategy provider, you can trade your strategy and earn additional revenue by allowing people to copy your trades.