LimeFx Review HF Markets Updated 2023 Our Key Findings

White label solutions take care of the technical side of things, and this provides the new brokerage with the time and freedom to focus on building a prosperous and stable business. There are many issues to consider and address, such as setting up the trading platform, connecting payment systems, developing retail investor accounts, determining to price, and many more. HF Markets provides all the tools and services needed for clients of any level to realise their trading ambitions. LimeFx is a unified brand name of the HF Markets Group which encompasses global licensed entities. Offers various accounts, trading software and trading tools to trade Forex, Indices and Commodities for individuals and institutional customers. They provide
lucrative programs without standing support and advanced technology.

One high leverage, poorly thought-out trade could destroy your capital in an instant. Successful trading is primarily about managing risk and making small, intelligent trades over and over again. Trading platforms are your gateway to the markets, where you’ll see all your price quotes, charts, order entry boxes, and analysis tools. LimeFx demo accounts are easy to set up and come with live pricing, virtual account balances of up to $100,000 and offer unlimited usage. A PAMM account takes copy trading to a more advanced level and allows you to sign up as a fund manager, where you can manage funds for investors at a pre-agreed percentage of profits.

The broker is renowned for offering a  variety of investment options and tools that suit both novice and professional traders. Overall, the broker provides good trading conditions for both forex trading and CFD trading. On the flip side, the broker’s trading fees are slightly above other brokers in the same space. LimeFx offers an extensive range of over 150 tradeable assets
to its clients. Traders have numerous markets to participate in with many
trading options, including Forex, CFDs, Spot contracts, and Futures contracts.

The HF Markets Group has won a number of industry awards, including best stock broker, best trading platform broker, and best forex trading app. By trading conditions, the company means trading with leverage, easy withdrawals, the smallest minimum deposits, and the fastest order execution speed. The LimeFx customer service is always ready to assist clients throughout the week. The 24/5 support is readily available on phone calls, email, and chat. Traders can talk to the multilingual team from the company’s website or their personal accounts. LimeFx supports trading on iPhone, iPad as well as Android MT4
platforms.

• Each
  partner is linked with a Personal Account Manager to make sure their plans are
  successful.
• A HFCopy account is a copy trading account, which allows you to sign up as either a strategy provider or a follower.
• Opening an account with LimeFxarkets is a very straightforward, streamlined process.
• Brokers like Pepperstone, IC Markets and Eightcap have about currency pairs, while CMC Market and IG have over 100 pairs.

If you wish to automate your trading or build your custom indicators, MT4 allows you to build Expert Advisors (EAs) to do these. Being able to code is an advantage for building these EAs but if not, we found you can find many free or paid ones in the MT4 marketplace. Or, you can choose to withdraw to a crypto account, or e-wallet such as Skrill or BitPay for a much quicker withdrawal.

All Crypto-Currency Exchanges

LimeFx supports both MetaTrader 4 and 5 platforms, which are the most popular ones. LimeFx also has its own mobile app that has won awards for its design and functionality. Beginner traders will find it easy to deposit and withdraw from LimeFx and be able to trade with tiny amounts of capital.

• HotForex announced the name change in the first half of 2022, aimed at reflecting a broader product offering that has long since expanded beyond just currency contracts.
• MetaTrader 4 supports automated trading through the use of Expert Advisors (EAs) and custom indicators, which can be written in MQL4, a programming language.
• Overall, trading Forex can offer numerous opportunities for profit, but it also carries a high level of risk of loss.
• In terms of fees and commission, LimeFx broker provides competitive trading conditions with tight spreads.
• And I like how easy it is to open a trading account with this company.

Lastly, LimeFx also have another in-house developed app but copy trading called HF Copy. Still, we wish they had more 3rd party tools, especially for social trading and automation. And like most no-dealing desk brokers, you can choose between a spread-only ‘Premium’ account and a commission-based ‘Zero Spread’ account. We compared the spreads for each of these accounts with other brokers for a range of currency pairs and found they were generally below the industry average. So if you are looking for a low-spread broker, you might be better to look elsewhere.

If your prediction is correct and the value of the US Dollar does increase, you can sell your US Dollars for more Euros than you originally paid, making a profit. 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. ForexBrokers.com also recognized brokers that demonstrated excellence and innovation with our exclusive Industry Awards.

Given MT5 is an updated version of MetaTrader4, with more advanced features and is still receiving new development and support from Metaquotes, we tend to recommend this platform to most traders. The team at CompareForexBrokers have long liked the ultra-intuitive, feature-rich experience that allows you to quickly analyse markets and enter and exit trades with a few mouse clicks. With this in mind, it’s not hard to see why MT4 is popular, finding trading opportunities and executing your trades is just really straightforward when using this platform. We must warn you, some of the digital wallets have hefty fees and currency conversion spreads. Most traders should be electing to use wire transfers or credit/debit cards to deposit, depending on how much they’re transferring.

Best account to pick

A HFCopy account is a copy trading account, which allows you to sign up as either a strategy provider or a follower. This account allows you to use the HFCopy app which uses the MQL5 MetaTrader Signal network for social trading. All accounts come with a personal account manager, which is just a fancy word for a customer service agent. Don’t be expecting any hotshot trading advice from your account manager.

Sure, there’s plenty of content on how to enter an order, or telling you what a currency pair is and how many trillions of dollars are traded each day. The lessons can be as simple as explaining basic market terms, to advanced as learning how to build mathematical models to analyze and trade markets. For urgent limefx 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. If you’ve been around the forex and CFD industry for a while, you’ve probably heard of the occasional dodgy broker running off with client’s funds.

Trade the Markets with the BEST trading conditions

However, Finance Magnates inquired about the details with Chrystanthos Kanari, the Head of Marketing at LimeFx. MetaTrader 4 supports automated trading through the use of Expert Advisors (EAs) and custom indicators, which can be written in MQL4, a programming language. EAs and custom indicators allow traders to automate their trading strategies, test them using backtesting, and execute them in a fully automated manner on the platform. Use MetaTrader 4 to its full potential with LimeFx world-class trading conditions and enjoy a seamless trading experience.

LimeFx (HF Markets) Review

For the best trading conditions, flexibility and reliability LimeFx offers to its traders. Select your preferred currency pairs and use the platform’s advanced trading tools to open, manage, and close your positions. Forex trading also offers several other advantages, such as leveraged trading, https://limefx.biz/ high liquidity, low transaction costs, and the ability to trade 24 hours a day, five days a week. You can choose between the MT4 and MT5 platforms and the LimeFx App to start trading Forex. Forex, short for foreign exchange, is a decentralized global market where currencies are traded.

How do white label solutions help businesses?

LimeFx is a multi-asset forex broker offering a range of forex pairs and commodities. From the choice of accounts, traders can access CFD trading services with the right spreads and unrestricted liquidity. The main trading products available include forex, energies, metals, indices, shares, bonds, commodities, DMA stocks, ETFs, and cryptocurrencies. LimeFx, previously known as HotForex is an online broker owned by the HF Markets Group. The broker offers a wide variety of account types, high-quality software, and a wide selection of trading assets.

Compare LimeFx Competitors

No, you cannot trade on MT5 if your trading account is opened for MT4. Access a wide range of desktop, web and mobile Trading Platforms including the LimeFx platform, MetaTrader 4 and MetaTrader 5. Next up, I was offered a top-up bonus, which is an incentive from LimeFx to deposit funds into the account. When you get to the next step, it’s time to choose which account type you’d like to open.