You may only use US Dollars for this type of account, and if you are a provider you can get up to 1000 followers. Also, the trading instruments are limited to Forex, indices spot, energy, and gold spot contracts. Zero-spread accounts are the preferred choice of high-frequency https://limefx.group/ and algorithmic traders. Exchange-traded funds are another trading option that some traders consider safer security with low volatility, and if you prefer this type of trading, Lime Fx has something for you. This way, traders at Lime Fx are safe if the broker files for insolvency. If you are accustomed to trading with MT4 or MT5 platform screens, then have no fear.
They provide popular trading platforms such as MetaTrader 4 and MetaTrader 5 and proprietary platforms tailored to specific trading requirements. This all-in-one approach enables Indonesian traders to make informed decisions and optimize their trading strategies. HF Markets specially designed the Islamic Account for traders in Indonesia who are Muslims. This account fully complies with Sharia law as it offers swap-free trading.
Brokersway is a website that provides unbiased reviews, ratings, and comparisons of online forex and CFD brokers. Though Lime Fx (HF Markets) is a highly trusted and regulated forex and CFD broker, it has its strengths and weaknesses. In this review, we will take an in-depth look at Lime Fx (HF Markets), exploring its features, pros, cons, and more. By reading this review, you will gain a better understanding of whether Lime Fx (HF Markets) is the right broker for your trading needs and preferences.
Is there a mobile app for trading?
The Lime Fx website states that the firm supports 27 different languages, which seems quite impressive, so if English isn’t your chosen language, Lime Fx may be a good option for you. For urgent technical support or inquiries, calling the company’s phone line would be a much quicker option, but be aware that international calling may be costly. You’ll need to show your country of residence, as certain countries are only allowed certain accounts. Opening an account with Lime Fxarkets is a very straightforward, streamlined process. We gave them this score from evaluating their regulation, reputation, and reviews. If you wish to automate your trading or build your custom indicators, MT4 allows you to build Expert Advisors (EAs) to do these.
Social Trading
For example, card transactions are typically processed within 10 minutes, whereas bank transfers may take up to 10 business days. Lime Fx sets overnight charges and swaps for various trading tools, influenced by market dynamics and rates from pricing sources. Here is an overview of the overnight charges tailored for Malaysian traders across different asset categories. The Lime Fx App is an intuitive trading portal with access to MT4 and MT5 platforms. Traders can easily customize chart types, views, and trading preferences owing to the interface’s streamlined design and intuitive nature.
- Lime Fx offers a total of 38 FX pairs, which is a decent amount of currencies, but less than some other major brokers.
- However, according to applicable laws and regulations, the conditions vary from one entity to another, see our snapshot of Lime Fx licenses below.
- As a follower, you can deposit funds and elect to automatically copy the trades of a strategy provider.
- Choose the payment method that you want, and fund your trading account to start trading and making money.
We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Lime Fx provides some educational materials, but they are limited compared to competitors. Yes, Lime Fx provides access to a wide range of cryptocurrencies through CFDs.
What is the minimum deposit for a Cent Account?
It offers CFD trading in 3500+ trading instruments, including forex, metals, energies, stocks, indices, ETFs, bonds, commodities, and cryptocurrencies. The firm also offers traditional stock investing, where you may invest free of commissions and have dividends deposited directly to your account. You may also take advantage of the company’s HFcopy service, where you can follow experienced traders, copy their strategies, and monitor their results. Lime Fx supports a wide range of convenient deposit and withdrawal methods to meet the needs of traders from various backgrounds and preferences. The broker facilitates smooth and secure financial transactions using reliable methods such as bank transfers, credit/debit cards, and popular e-wallets. This flexibility ensures that all traders can easily manage their funds in a way that suits their individual circumstances.
HF Markets offers a reasonable selection of educational content and learning resources. Though fund protection and safeguarding initiatives will vary between entities, our experts were reassured to see the provision of negative balance protection and segregated accounts. Both platforms are available for free download to computer devices or directly through major web browsers. We also rated that HF Markets provides integrated YouTube videos to help with PC and mobile installation. I was also pleased to see that Lime Fx does not charge any withdrawal fees, which is competitive vs eToro which charges $5.
How Safe is Trading with Lime Fx?
The company’s adherence to strict regulatory standards, along with its practice of segregating and insuring client funds, provides traders with confidence in the protection of their assets. Cent Accounts are designed for novice traders who want to start trading with smaller amounts of capital. This account type allows you to trade in cents, minimizing risk while providing an opportunity to practice and develop trading skills. It also does not have any investor protection scheme for non-UK/EU traders.
- This ensures that when Indonesian traders transition from a demo account to a live account, they do so seamlessly and actively participate in the actual market.
- Lime Fx provides detailed performance metrics and trader history, enabling followers to make informed decisions.
- This makes MT5 an excellent choice for traders who demand high-level functionality and extensive analytical capabilities to navigate complex market conditions effectively.
Traders can choose between fixed spreads, which remain constant regardless of market volatility, and variable spreads, which fluctuate based on real-time market conditions. For major forex pairs such as EUR/USD, spreads can be exceptionally low, starting at just 0.0 pips in professional accounts. This feature is particularly advantageous for active traders who prioritize cost efficiency, as tighter spreads can significantly reduce trading costs and potentially increase profitability. The MT4 platform offered by Lime Fx is highly regarded for its intuitive user interface, making it accessible for beginners while still providing advanced features that appeal to experienced traders. This platform is equipped with sophisticated charting tools that allow for detailed market analysis and decision-making. Additionally, MT4 supports automated trading capabilities through Expert Advisors (EAs), enabling traders to set up and execute trades automatically based on pre-defined strategies.
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. With Lime Fx, there are a similar amount of options to get your funds out of your Lime Fx account as there are to deposit. limefx website The safety of a forex broker has a lot to do with what government regulator is issuing the company a trading licence. While the numbers above use the spreads brokers publish on their website, Ross Collins from our team tested the Standard Account Spreads for 20 brokers to see how they performed.
Lime Fx (HF Markets) Ratings and Reviews from Trustpilot:
The trader’s board is a helpful tool what allows me to follow important market events, but it would be more effective if could offer a more comprehensive analysis. Compare the markets and instruments offered by HF Markets and its competitors. Please note, some markets may only be available via CFDs or other derivatives. Compare HF Markets with the top 3 similar brokers that accept traders from your location.
Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money. Its website offers an abundance of information, and, like other global brokers, it has formed subsidiaries to operate in compliance with whatever the local regulations happen to be. From a corporate-wide perspective, the firm complies with the rules of the FCA in the UK, CySEC, DFSA in Dubai, FSCA in South Africa, FSA in the Seychelles, and the CMA in Kenya. HF Markets (SV), the company being reviewed in this article, is incorporated in St. Vincent & the Grenadines as an International Business Company.
Having access to a large number of tradable assets is super desirable for every trader, and regardless of the trader’s preference or experience, Lime Fx broker has something for everyone. These authorities are responsible for the business conduct of financial institutions in different regions. As the broker is regulated by the top guidelines, it gives a sense of trust and confidence to the trader. Yes, HF Markets complies with six various regulatory regimes, depending upon where your trading account is located. These agencies include the FCA in the UK, CySEC, DFSA in Dubai, FSCA in South Africa, FSA in Seychelles, and the CMA in Kenya. Over the past decade, regulatory agencies across the globe have been aggressive in their attempts to curb fraud and the actions of bad actors in the brokerage industry.
I’m continually impressed by Lime Fx’s thorough financial insights; their reports simplify data-driven decision-making and make it a seamless process. Their insightful analysis and commitment to excellence have made a significant impact on our financial performance. Lime Fx delivers exceptional financial insights that are clear and actionable.