LimeFx broker review

Traders must upload a selection of requested documentation before selecting a Forex trading platform. Yes, they provide VPS hosting to enable smooth and uninterrupted trading, especially for automated trading strategies. Through its support for the Larnaca Lions Club, LimeFx has strengthened local communities. Through the regional chapter of Lions Club International, monetary support has contributed to the improvement of the lives of young people.

Bonus Offers and Promotions

Competitive spreads provide active forex traders a huge edge, especially in volatile markets where every pip matters. The Cent and Premium accounts start at 1.2 pips and cater to a wide range of traders. This segregation also adds extra protection in the rare case of the broker’s bankruptcy. In addition, also offers a significant benefit through its commitment to providing advanced trading resources and tools. MetaTrader 4 and 5 platforms with intuitive interfaces and comprehensive analytical capabilities are available for traders. You can trade efficiently using the Desktop Platform or the WebTerminal, which works on any browser.

How to make a Deposit with HF Markets

One of the users on the HF Markets platform gives a story of how he proved the account. He illustrated that when filling out the registration form, accurate details must be provided because one of the HF Markets representatives https://limefx.club/ will put a call through to verify the user’s identity. This process is very important to the company because of the regulatory authorities. The Forex Broker is most famous among other newly initiated companies and affiliates.

Mobile App & MacOS

Clients can access their accounts through the app and trade more than 1200 CFDs. Active traders can lower expenses via the volume-based loyalty program. Equity CFD commissions of 0.10% and trading costs on commodities, indices, ETFs, and bonds remain equally competitive.

Worst customer support in the world and…

Their service stands out for its thoroughness and reliability. Their financial analysis and reports are always thorough and easy to understand. We are sure it will help with new traders that are just starting out. They simplify complex data, making it easy to make informed decisions.

LimeFx broker review

The LimeFx Top Up Account is distinctive for offering a bonus on every eligible deposit but is exclusively for traders under the regulation of the Financial Services Authority (FSA) of Seychelles. LimeFx Top Up account is not available for traders in the EU, UK, and Australia. Cent account includes transactions and balances in USD cents, with a minimum deposit requirement of $0.

Alternatively, you can open a zero spread account with a minimum deposit of $200, or a Premium Pro account with $500. We’re thrilled to hear that you’re happy with the assistance you’ve received. Providing excellent customer service is our top priority, and we’re glad we could meet your expectations. If there’s anything more we can do to help, please let us know. I am happy to see LimeFx has included crypto as a payment method.

I think the broker should see a therapist about overpleasing because I had several questions about the tools and features offered. There is absolutely nothing that the broker does not offer, so it feels like love bombing. But, yeah, I looked at the regulations and the history of the broker and I felt more at ease.I make use of many analytical tools here… They generally do not come at an increased fee, and so far, they work very fine.

The diverse regulations in place in various regions necessitate this strategy. In addition, HF Markets offers a huge range of educational materials like eBooks, webinars, events, coaching, and tutorials. Especially for beginners, it is very interesting to gain professional knowledge.

LimeFx broker review

LimeFx also partnered with Blue Sky Forex for free webinars, enhancing the overall approach to educating beginner traders. I recommend a demo account balance similar to the planned live account real money deposit. I also want to caution beginner traders against using a demo account as a full educational tool. It can create unrealistic trading expectations, and the absence of real risk produces a false psychological simulation of trading with real money. I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability. LimeFx offers traders commission-free Forex trading with higher spreads, a highly competitive commission-based alternative.

  • LimeFx’s primary income sources are spreads on all the accounts and trading volume commissions of $6/lot round turn on the Zero account.
  • The funds are not used to pay creditors because it is off the balance sheet.
  • Depending on the trading strategy, it may become the most significant fee per trade.

The account provides a clear commission-based structure, and the commissions begin at a minimum of $0.03. HF Markets provides a variety of educational resources to support traders of all levels, including beginners, intermediate, and advanced traders. The broker typically offers a variety of deposit methods, including bank wire transfers, credit/debit card payments, and online payment platforms such as Skrill and Neteller. The specific options might vary depending on your region and account type. Yes,  trading platforms are designed to be accessible across multiple devices, including desktop computers, web browsers, and mobile devices.

🥇 While LimeFx does not dominate the market in Nigeria, the broker is still part of the Top 20 forex and CFD brokers for Nigerian traders. HF Markets also have a podcast where professionals talk about online trading, from what tradable assets are, how to manage risk, and technical indicators to the mindset limefx forex broker required to be a successful trader. USD and NGN are the account-based currencies that the Pro Plus account supports. This account charges a variable spread that starts at 0.2 pip and charges zero commission when you trade forex. Jeff Anberg is a Staff Editor at BrokerNotes.co and ForexBrokers.com.

Yes, clients can get a detailed breakdown of their fees, spreads, and commissions from their account dashboard or customer service. The HF App, exclusively designed for Indonesian traders, offers easy access to MT4 and MT5 platforms with a modern, user-friendly design. Traders can personalize charts, execute orders with customized parameters, and manage funds through streamlined withdrawals and deposits. The Cent account is specially designed for Indonesian traders, providing them with a one-of-a-kind trading opportunity. It offers the advantage of swap-free trading and cent lots, allowing precise position sizing. RoboForex is a notable option for intermediate to advanced traders, typically due to the high leverage and the massive amount of tradable assets.

Terms and conditions apply, and traders should understand them fully before participating in bonuses and promotions. I recommend caution with trading contests, as they may promote reckless trading habits, especially among beginner traders chasing a prize rather than learning to trade. By using the leverage, the trader is borrowing money from the broker. If a position is held overnight, there can be overnight fees (swap) that occur.

We’re glad to hear that you satisfied with our dedicated customer support services. We always strive to provide the best experience for our valued clients. A nine-member team provides additional market commentary and analytics. Real-time market news from FXStreet completes the research tools. I value the LimeFx investment made using AI and big data to help clients navigate financial markets, especially with more than 1,200 assets available to trade. The four trading account types, plus a demo and an Islamic account, cater to various needs and cover the entire spectrum of trader types.

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