Their data is delayed or overextends price-taking liquidity that should not be taken, manipulating you out of the trades. There have been no problems encountered using the Lime Fx system.Deposits and withdrawals are easy, convenient, and receive very fast service.There are employees periodically asking about usage problems. Always notify about good promotions.The account I am using does not charge swap fees for orders placed across the day. If you’re not sure about which account you should choose, just register for any account because you will be able to create any type of account provided by HotForex later on. Below is the comparison table of all HF Markets (Lime Fx) accounts formerly known as Hotforex. This table compares important info such as the Minimum deposit , Leverage etc.
Indepth Trading
Lime Fx withdrawal options include cards, bank transfer by far most used option and various ewallets. And the last point withdrawal fee, which is actually 0$ is amazing, allowing you not to worry about extra fees. However, Wire Transfer may involve some correspondent fees according to your bank and international policies. We are dedicated to maintaining high editorial integrity and transparency during reviews or other posts. However, it’s important to note that some of the products we discuss are from our partners. Read our full explanation and accounting of our research and testing process to learn more about how we test.
HF Markets (Lime Fx) Withdrawal
My total trade experience with this broker is around one year trading live. You can deposit funds into your trading account using Mastercard or Visa Credit/Debit Cards, and your funds will be credited to your account within 10 minutes. HF Markets (Lime Fx) accepts wire transfers as well, but the minimum deposit is $100 and there is no limit to the amount you can fund as long as it is greater than $100. The broker does not have a minimum deposit requirement to open cent, zero, and premium accounts. Meanwhile, the Pro account requires a minimum deposit of $100 or a similar amount in your base currency. The HF Markets Group has won a number of industry awards, including best stock broker, best trading platform broker, and best forex trading app.
Brokers by Platforms
The four trading account types, plus a demo and an Islamic account, cater to various needs and cover the entire spectrum of trader types. I like the Cent version for testing new EAs or manual trading strategies. My preference remains the Zero option, which I recommend to all active traders. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). Of the accounts Lime Fx offer, we think their no-commission accounts are a better choice, that said, we believe there are better options among lowest spread forex brokers to consider.
Particularly about scalping, there is no restriction and Lime Fx range of accounts alike with Zero spread may assist you even better to trade this strategy. MT4 and MT5 Lime Fx terminals available in various versions that suit your personal needs and allows efficient trading through the Desktop Platform, WebTerminal which is compatible with any browser. Or by the use of MT4 MultiTerminal with access to manage multiple accounts simultaneously, however desktop version still remains the most complete with all features and add-ons available there. However and unless you trading through swap-free accounts designed to traders following Sharia rules, as these accounts restricted from any interest rates or swaps.
Fees & Commissions
Lime Fx offers a reasonably in-depth educational platform suited for reasonably new traders. With Lime Fx, customer service is available 24 hours per day, five days per week through email, phone, and live support. All that’s left to do is load our chosen trading platform and make a deposit. Should shares CFD shares be your preferred trading instrument, Lime Fx 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.
These free educational videos will teach you everything you need to from scratch “What is Forex? ” and the best technical indicators strategies to use , how to master risk management and the importance of central bank and more. Withdrawals requested via a bank transfer take anywhere from 2-10 days and there are no withdrawal fees. The reason for these subdued levels of leverage is the regulatory bodies that govern brokerage firms in the UK, EU, and UAE have strict limits on how much leverage is allowed.
We must warn you, that 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. In terms of transferring your funds from your bank account into your Lime Fx account, there are several options (some are limefx forex broker better than others).
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, and conducts research on forex and the financial services industry while assisting in the production of content. Their Balance Protection Policy safeguards investments, and segregated accounts ensure funds are kept separate from the company’s operational funds, enhancing financial security. Additionally, compliance with FCA and CySEC regulations underscores their commitment to creating a reliable and secure trading environment for users. We’re glad to hear that the registration and deposit process was seamless and our support team responsive. We appreciate your feedback and are here if you need further assistance.
- The lessons can be as simple as explaining basic market terms, and to advanced as learning how to build mathematical models to analyse and trade markets.
- Your satisfaction is our priority, and we look forward to supporting you in the future.
- Various payment methods will process withdraw money in slightly different time.
Yes, based on your detected country of BG, you can open an account with this broker. We’re appreciates that you’re happy with the assistance you’ve received. Yes, HotForex is a good broker that is regulated by top regulators like FCA, FSCA, CySec, FSC and others. These are the tools that you get access to when you use HF Markets.
Just know that it is not the best option for stock trading, for this, you are better off using its more powerful successor MetaTrader 5. MetaTrader4 (MT4) is the industry-standard workhorse software of the retail forex industry and is offered by many brokers so is one we are very familiar with. We tested the platform with Lime Fx and except for some personalised branding, MT4 with Lime Fx has all the features we expect to see. It does appear you get good value provided you use the right currency pair. The Lime Fx Trader’s Board has data on how Lime Fx clients trade and a lucrative partnership program is also available. Active traders can lower expenses via the volume-based loyalty program.
This fee is defined by each instrument separately and you will see it directly from the platform or upon the opening of the trade, see below example with Cryptocurrencies. However, according to applicable laws and regulations, the conditions vary from one entity to another, see our snapshot of Lime Fx licenses below. 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. Besides DMA access to Futures or Indices trading is not available too. Besides, Lime Fx offers its trading service along with the applicable licenses in each region it operates that regulate the Forex industry, therefore delivers service trustworthily. Lime Fx is under stringent oversight, ensuring a secure trading environment.
The features found in the app are a bit more basic compared to the MT4 and MT5 apps and much more basic than the MT4 and MT5 webtrader and desktop versions. We gave them this score from evaluating their regulation, reputation, and reviews. HF Markets Ltd, formerly Hot Forex is a forex, stocks, and CFD broking company owned by the HF Markets Group. The bulk of business derives from HF Markets (SV) Ltd, registered as an International Business Company (IBC) in St. Vincent & the Grenadines, registration number IBC 2015. Since Lime Fx has licenses from multiple world-class Forex regulators, I can confidently suggest that traders manage their portfolios at HF Markets (SV) Ltd. All information on 55brokers.com is only published for general information purposes.
Brokers like Pepperstone, IC Markets and Eightcap have about currency pairs, while CMC Market and IG have over 100 pairs. All that said, Lime Fx do have the most popular traded pairs which is all most traders will need. See our full Pepperstone vs HF Markets comparison for more information. This type of account is certainly for more limefx scammers advanced traders, and if you’re just getting started in the markets, could be a good thing to strive for in the future.
Overall, Lime Fx is a well-established customer-oriented broker with secure, regulated trading environment suitable for almost every trader. Lime Fx offers 4 account types Cent, Zero, Pro, Premium and Top-up Bonus with tight spreads averaging EUR USD 0.1 also operating unrestricted liquidity. Which is allowing any size or profile trader choose between various spreads and liquidity providers via automated trading platforms and perform any strategy, including News trading. Formerly known as Hot Forex, Lime Fx (HF Markets) is a forex and CFD broker that’s a good match for beginner to intermediate traders. Most features on offer are quite generic for typical no-dealing desk brokers. For example, trading via MetaTrader 4 and MetaTrader 5 trading platforms and a decent range of CFD trading products like Forex, cryptos, stocks, commodities and bonds.
