We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. 69% of retail investor accounts lose money when trading CFDs with HF Markets (Europe) Ltd. Lime Fx offers demo accounts across the MT4, MT5 and Webtrader platforms and for most of its trading account types. Our Lime Fx (HF Markets) review looks at the key features this Forex broker has to offer. With ECN-like trading conditions, MT4 and MT5 trading platforms, and over 50 forex pairs, see what we say about the broker.
- For instance, if you encounter any user complaints, you might discuss them with the broker to verify if such issues exist.
- I found the volume of research released by the analyst team to be more than sufficient for keeping most traders up to date with the latest market movements.
- Lime Fx demo accounts are easy to set up and come with live pricing, virtual account balances of up to $100,000 and unlimited usage.
- Metals are often more resistant to various macroeconomicevents; hence they are an excellent option to diversify your portfolio.
- The educational package includes over 20 video tutorials,over 30 recorded Forex videos, trading webinars with Forex experts, and the Lime FxeCourse in Forex.
HF Markets group’ssuccess story since 2010
Lime Fx offers webinars, articles, and market analysis tools to enhance your trading knowledge. Lime Fx offers the industry-standard MetaTrader 4 and 5 platforms, along with their own HF Copy platform for social trading. Brokersway is limefx reviews a website that provides unbiased reviews, ratings, and comparisons of online forex and CFD brokers.
Account Types
These include your full name, gender, country of birth, phone number and the base currency you’d like your account to be held in. You’ll need to show your country of residence, as certain countries are only allowed certain accounts. 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. This can be a good option if you have a very promising strategy, or if you’re able to find another trader whose strategy you’d like to follow.
Lime Fx Account types
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. When testing out the live chat feature, I found it to be error-prone, and not particularly useful for getting helpful information quickly or efficiently. If you have an insight on interest rates, or where the bond markets will move, you can trade contracts based on the Bund, Gilt, and U.S. 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.
Reviews
The limefx forex broker website is operated and provides content by HF Markets (Europe) Ltd. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004. Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates. He has a Masters and Commerce degree and has an active role in the fintech community. But, when it comes to developing trading skills that are going to mean the difference between profits and losses on your account, Lime Fx isn’t going to help you get there. There are hours of webinars and recorded videos, as well as daily market analysis to keep you informed about current market movements.
The HF Markets MT5 Terminal offers more tools than ever before:
- See our full Pepperstone vs HF Markets comparison for more information.
- Depending on the marketmovement, there will be potential for profits.
- Trading in forex, stocks, cryptocurrencies, CFDs, indices, and commodities carries the potential for financial loss and may not be suitable for all investors.
- The Copy account allows you to track the leading traders andcopy their trades.
- The minimum deposit amount is only $50, which is very low compared tocompetitors in the industry, and there is no limit for minimum withdrawalamounts.
- The broker also offers negative balance protection, which protects you against going into debt in times of a losing trading position.
Traders can view theirtrading activity and analyse using advanced analytical tools and charts attheir disposal. The leverage that Lime Fx offers you varies greatly, depending on where you’re located, whether you’re a retail or professional trader, and which products you choose to trade. While some other brokers offer even more markets to trade, we think Lime Fx has a good range of products overall. Interestingly, Lime Fx also offers 1800 physical shares but only for clients based in Europe, the UAE and other countries outside the UK and South Africa.
You can trade a maximum of 7Lots per trade up to a maximum number of 150 orders. 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. Lime Fx is an online trading brand with high prestige in thefinance world, with certifications and awards to substantiate theirreliability.