Lime Fx Reviews Read Customer Service Reviews of Lime Fx com

Founded in 2010, Lime Fx is a renowned broker with multiple regulations and ultra-fast executions of over 1000 trading instruments on its proprietary and MetaTrader platforms. The broker has received over 60 industry awards for outstanding performance. It boasts about 2.5 million clients from all over the world. The live chat feature turned out to be the fastest during our testing; representatives usually answered in one to two minutes. The delegates were informed and able to succinctly and effectively address inquiries on account setup, platform features, and fee policies. Investigating Lime Fx’s tradable assets exposes a broad spectrum of financial instruments that fit different trading approaches and preferences.

• One thing that proves this is their wide list of payment methods.
• However, the desktop version offers the most features and add-ons.
• Generally, there are three different account types and special accounts for professional clients and experienced retail clients.
• Swap-free options further enhance the offering for traders who prefer to avoid overnight fees.
• So in our financial review though either you wish to join copy traders or to use EAs, perform scalping or become a partner etc. there is an option for all.
• Lime Fx offers a reasonably in-depth educational platform suited for reasonably new traders.

What is the minimum deposit for Lime Fx?

When you get to the next step, it’s time to choose which account type you’d like to open. 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. 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. At the time of writing, spreads on Lime Fx commission accounts were tight on major currency pairs, but wide and expensive once you step into currency crosses like the EUR/GBP. It does appear you get good value provided you use the right currency pair.

Copy Trading

Based in Australia, it is regulated by top regulatory authorities, including the FCA, CySEC, CMA, FSC, SVGFSA, FSA-S, FSCA, and DFSA. Lime Fx (HF Markets) offers a variety of trading instruments, including Forex, Gold, Metals, Stocks, Bonds, Indices, Energies, Commodities, Cryptos, and ETFs. It supports popular trading platforms and tools such as MT4, MT5, and WebTrader. The company is regulated by multiple authorities such as the Financial Sector Conduct Authority (FSCA), CySEC, DFSA, FSA, FCA, and CMA.

What topics are covered in the Forex Trading Webinars?

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. As a strategy provider, you can trade your strategy and earn additional revenue by allowing people to copy your trades. As a follower, you can deposit funds and elect to automatically copy the trades of a strategy provider. A HFCopy account is a copy trading account, which allows you to sign up as either a strategy provider or a follower.

My preference remains the Zero option, which I recommend to all active traders. The commission-free trading account lists a minimum spread of 0.5 pips but carries an average one of 1.4 pips or $14 per 1.0 standard lot. The commission-based alternative commences with a raw spread of 0.0 pips and average spreads of 0.2 pips for a commission of $6.00 per lot or total costs of $8.00 for major currency pairs. Lime Fx offers both Meta Trader 4, Meta Trader 5 and Lime Fx Application trading platforms. Besides, the platforms provide numerous tools and software to ease trading.

Just note that some accounts are only available in certain countries. 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. HF Markets is offering leveraged trading products like CFDs. By using the leverage, the trader is borrowing money from the broker.

HF Markets Account Types

• Besides, the platforms provide numerous tools and software to ease trading.
• One lovely fact about a wire transfer is that it will pay the transfer fee for any transaction done via wire transfer.
• Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team.
• Lime Fx’s technology is suitable for various trading styles, including day trading, long or short trading, copy trading, Robot Trading, and EAs, all with quality execution.
• Although email support responded in approximately 24 hours, it usually provided thorough, well-organized responses with links to other resources.
• This incorporates market-leading coverage in counter against omissions, errors, fraud, negligence, and any other kind of activity that can lead to loss of cash investment on the platform.

For instance, the MT4 tradingplatform supports multiple market orders, utilizes an impressive chartingpackage, and various technical indicators. Lime Fx is a good broker with low spreads as promised and claimed. The Zero Spread Account it no doubt the best for those who want to trade gold.

Is Lime Fx good for demo trading?

It features low spreads, no minimum deposit requirement, and no commissions. It is scammed by limefx also swap-free, making it a flexible option for traders seeking competitive conditions without added costs. The Pro Account is swap-free and offers ultra-low spreads with no commissions.

Does Lime Fx offer an Islamic account?

All these limefx review regulations support Lime Fx’s longevity, which we will try to verify through the following Lime Fx review criteria. Yes, Lime Fx is a trustworthy broker, regulated by MiFID and the U.K. FCA, with a “Trusted” trust score of 86 from ForexBrokers.com. Let’s delve into the specifics of Lime Fx’s offerings to understand what they bring to the table. Before diving in, it’s crucial to weigh the pros and cons of using Lime Fx.

Fast deposits and withdrawals, almost guaranteed the same day. I’ve been trading long enough with this broker, way before it changed its name (from HotForex to Lime Fx). This broker offers local bank transfer withdrawals, which helps me a lot to cut transaction costs. I highly recommend this broker to other Vietnam forex traders. 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.