LimeFx HF Markets Review: Key Features, Pros, And Cons

Additionally, The Top Up account also comes as a swap-free option, accommodating Islamic traders who need to comply with the Shariah Law. The LimeFx Pro account is specifically designed for experienced traders, offering ultra-low spreads and no commissions under the regulation of the Financial Services Authority (FSA) of Seychelles. LimeFx Pro account is not available for traders in the EU, UK, and Australia.

How long does it take to make a withdrawal?

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. With LimeFx, there are a similar amount of options to get your funds out of your LimeFx account as there are to deposit. A commission charge of USD 0.1% is applied with MT4 while it is 0.01 USD or 0.02 EUR per deal with MT5.

LimeFx Cent Account

You can then withdraw any profits which you have made from this LimeFx no deposit bonus. Traders will be required to enter their bank account details to complete payment. Please check your email limefx website for the login Account ID.For any further clarification please do not hesitate to contact us. The customer service team is professional, helpful and usually answers within 1 business day.

  1. The Premium account provides access to the full range of LimeFx trading instruments, with a minimum trade size of 0.01 lot.
  2. 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.
  3. For CFD trading, LimeFx offers a wide range of assets and has been recognized for its excellent trading conditions.
  4. It is primarily a CFD broker and applies overnight fees, which are not favourable for long-term investment strategies.

Retail Trader Accounts

They providelucrative programs without standing support and advanced technology. Eachpartner is linked with a Personal Account Manager to make sure their plans aresuccessful. Commodities are sensitive to political and economic events,which makes them attractive to traders. You can trade Palladium contracts on Spot markets and avariety of commodities like Coffee, Cocoa, Copper, Cotton, Sugar, and SoybeanOil contracts on Futures markets on LimeFx.

Are swap-free trading conditions available for Zero account holders who observe Sharia law?

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. 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 https://limefx.name/ 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). We must warn you, that some of the digital wallets have hefty fees and currency conversion spreads.

The LimeFx Cent account supports both MT4 and MT5 trading platforms, catering to a range of trader preferences. In order to meet the LimeFx minimum deposit, you can use payment methods such as bank wires, credit/debit cards, ewallets and cryptocurrencies. Your funds will be ready on the LimeFx account almost instantaneously, except for the bank wire deposits which may take a couple of business days to get through. The broker allows traders to deposit and withdraw funds with variousmethods.

The Copy account allows you to track the leading traders andcopy their trades. An advanced trader with trading experience, can become aStrategy Provider and display their trading strategy, knowledge, and expertisein exchange for a performance fee based on copy trades. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. 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.

HF Markets offers access to a wide range of trading instruments including CFDs on Forex, Metals, Energies, Commodities, Indices, Stocks, ETFs and Bonds. For this account type, low commissions are applied as per the Commission Structures below. LimeFx demo accounts are easy to set up and come with live pricing, virtual account balances of up to $100,000 and unlimited usage. LimeFx offers a reasonably in-depth educational platform suited for reasonably new traders. With several options for deposits and withdrawals, and low minimum amounts, HF Markets scores high in this category. All that’s left to do is load our chosen trading platform and make a deposit.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money.

Next up, I was offered a top-up bonus, which is an incentive from LimeFx to deposit funds into the account. The bonus works by giving me some extra capital when I deposit, and I’m then required to turn over enough volume before I can withdraw it. Should shares CFD shares be your preferred trading instrument, LimeFx 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. MT5 has more shares since it is designed to enable trading via decentralised exchanges.

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