LimeFx Reviews Read Customer Service Reviews of LimeFx com

Traders can also acquire an LimeFx Mastercard that allows them to transact straight from their funds and make a safe online payment. The major e-wallets include fasapay, Cryptocurrency deposit, WebMoney, and more. Other deposit methods include domestic transfers for some regions, and wire transfers. The three most attractive tools offered to traders are the
Premium Trader Tools, the Autochartist tool, and VPS Hosting. Forex traders
also get a range of different calculators, which will help them determine
critical aspects of each trade.

If you’re from the UK, Europe or the UAE, LimeFx is a highly regulated broker with a respectable amount of tradable products. If you’re Australian, you’ll need to find another broker, as LimeFx doesn’t offer their services to the land down under. 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. LimeFx offers a reasonably in-depth educational platform suited for reasonably new traders.

You will find 9 timeframes ranging from one minute bars, all the way up to monthly bars, which meant we could see trends down to the seconds or over multiple years. To help you make use of these charts, you can open up to 99 simultaneously and create chart templates. With LimeFx, there are a similar amount of options to get your funds out of your LimeFx account as there are to deposit. HF Markets Ltd, formerly Hot Forex is a forex, stocks, and CFD broking company owned by the HF Markets Group.

Similar apps

In the worst cases, a lack of technical support can mean that the broker will face fines and bankruptcy. White label solutions provide start-ups with the top-rated technical support that they need without hiring support staff, which is cost-effective and ensures high quality of service. It may be hard to imagine, but many top-rated forex brokerage firms initially started as white labels. Traders can access the
Web Trader on any browser by just launching it and logging in with your account
details, placing trades on just a button. Traders can view their
trading activity and analyse using advanced analytical tools and charts at
their disposal.

• You will find 9 timeframes ranging from one minute bars, all the way up to monthly bars, which meant we could see trends down to the seconds or over multiple years.
• ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry.
• This technology takes published spreads from the brokers website and compares them with other brokers.
• 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.
• Any business that uses online service provision can consider white label solutions.

There are no commission costs and you can even buy fractional shares from $5
Another way to trade shares CFDs is with indices and ETFs. 23 indices and 34 ETFs covering US, European and Japanese markets are available. MetaTrader5 (MT5) like MT4 is another platform that is commonly available with Forex brokers and one we are very familiar with.

LimeFx Account types

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. 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. Our forex comparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner site. LimeFx does not offer services to residents of certain jurisdictions, including the USA, Canada, Sudan, Syria, Iran, North Korea and others.

LimeFx supports both MetaTrader 4 and 5…

Meanwhile, the pro account requires a minimum deposit of USD $100 or a similar amount in another currency. This type of account is certainly for more advanced traders, and if you’re just getting started in the markets, could be a good thing to strive for in the future. LimeFx offers two interesting types of accounts which differ from the traditional trader and retail investor https://limefx.club/ accounts. Forex brokers often offer different account types, to match different styles of trading, regulatory requirements for certain countries, and your desired trading instrument. While the numbers above use the spreads brokers publish on their website, Ross Collins from our team tested the spreads for standard accounts for 20 brokers to see how they perform.

The platform is packed with a series of helpful
features to enhance the trading platform, allow for a quick and simple overview
of the Forex market, and customize how you trade. LimeFx offers different types of accounts to its clients limefx reviews to
suit a wide range of trading strategies. Based on regulator requirements, there
are different account types for each region. I am a client of this broker and I want to write a few words about how this company operates.

How do I get started with Forex trading?

Of the accounts LimeFx offer, we think their no-commission accounts are a better choice, that said, we think there are better brokers for low spreads. Our technology collected data from the websites of 50 different brokers so we think this sample size provides a fair base to calculate industry averages. Overall we like LimeFx’s offering since they have all the essential features one needs to trade successfully. However, we feel there are other brokers out there that have more variety in their offerings and lower spreads as well.

Smart Broker Solutions

Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. LimeFx offers a wide range of tradable markets, including forex trading, stocks, indices, bonds, commodities, ETFs, energy products, and even crypto CFDs. The company offers both dealing desk and non-dealing desk trading, depending on the specific account type you choose to open.

Therefore, it’s important to approach Forex trading with a sound trading plan and a disciplined approach to risk management. At LimeFx, you can access a wide variety of educational resources to help you improve your trading skills. These currency pairs are referred to as major currency pairs, and they account for more than 80% of the daily trading volume in the Forex market. Our exclusive trading tools will help you take your trading experience to the next level. 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.

What are the most traded Forex pairs?

Index trading involves speculation on the movement of a
section of a market, instead of individual stocks. Depending on the market
movement, there will be potential for profits. For instance, in Europe and the UK, LimeFx offers its Micro,
Premium, and Zero Spread only. Trade CFDs on the stocks of global companies and benefit from strong liquidity and reliable execution.

The safety of a forex broker has a lot to do with what government regulator is issuing the company a trading license. As a strategy provider, you can trade your strategy and earn additional revenue by allowing people to copy your trades. 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.