LimeFx Forex CFDs, Gold, Stocks Apps on Google Play
This powerful but user-friendly platform offers more features, advanced trading tools, superior support and total control of your trades for an enhanced trading experience. Get the best start to your efficient trading of the markets with one of the most innovative and popular trading platforms in the world. Formerly known as Hot Forex, LimeFx (HF Markets) is a forex and CFD broker that’s a good match for beginner to intermediate traders.
WHAT IS FOREX TRADING?
We tested the platform with LimeFx and except for some personalised branding, MT4 with LimeFx has all the features we expect to see. 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. 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.
Account Opening Options
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. 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. 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.
Discover Multiple Platforms
The website is operated and provides content by HF Markets (Europe) Ltd. No HE with registered and office address at Spyrou Kyprianou 50, Irida 3 Tower 10th Floor, Larnaca 6057, Cyprus. Access a wide range of desktop, web and mobile Trading Platforms including the LimeFx platform, MetaTrader 4 and MetaTrader 5. Traders need to stay up to date with economic news and events that can affect currency prices. You can find out when major economic news is due for release on our Economic calendar.
GLOBAL LEADERIN ONLINE TRADING
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. That said, trading costs at LimeFx are slightly above the industry average across its spread-only accounts. There is a reason why foreign exchange, or forex, is the largest financial market in the world; It allows trading on currency fluctuations. Go short or long on Forex CFDs, take advantage of the superior trading conditions offered by HF Markets and become an active forex trader in the global markets.
How difficult is it to trade Forex?
Access our free educational resources to improve your trading skills and strategy. By trading Forex CFDs, individuals can buy and sell currencies based on the predicted difference in exchange rates. For example, if you believe that the value of the US Dollar will increase against the Euro, you can buy US Dollars with Euros at the current exchange rate.
Metals are available on the Spot market including Gold,Silver against the USD, and Euro. LimeFx demo accounts are easy to set up and come with live pricing, virtual account balances of up to $100,000 and unlimited usage. With LimeFx, customer service is available 24 hours per day, five days per week through email, phone, and live support. https://limefx.name/ All that’s left to do is load our chosen trading platform and make a deposit. 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.
If your prediction is correct and the value of the US Dollar does increase, you can sell your US Dollars for more Euros than you originally paid. If the price moves the opposite direction to your prediction, the value of the US Dollar will be lower than you originally paid. Contact us directly limefx company reviews for further inquiries about our products and services. You can trade both Spot marketIndices (plural for Index) as well as the Futures market. Examples of Indicesinclude Australia 200, France 40, US Wall Street 30, etc. You may refer herefor the full details on various Indices on offer on LimeFx.
Our exclusive trading tools will help you take your trading experience to the next level. They providelucrative programs without standing support and advanced technology. Eachpartner is linked with a Personal Account Manager to make sure their plans aresuccessful. LimeFx Demo account is designed to closely resemble the Liveaccount, thereby offering a seamless transition to the Live account for anybodynew and testing the market before putting in their real money.
- This is comprised of numerous daily articles, and occasional webinars that are created by a team of analysts located around the globe.
- There are hours of webinars and recorded videos, as well as daily market analysis to keep you informed about current market movements.
- A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).
- With LimeFx, there are a similar amount of options to get your funds out of your LimeFx account as there are to deposit.
- Some brokers like LimeFx, IG, and TMGM allow you to choose from 1000s of global shares so LimeFx might not be the best choice if you like trading and require a variety of shares CFDs.
In terms of transferring your funds from your bank account into your LimeFx account, there are several options (some are better than others). Each has a differing minimum deposit amount, ranging from $5 to $100. Interestingly, LimeFx also offers 1800 physical shares but only for clients based in Europe, the UAE and other countries outside the UK and South Africa. There are no commission costs and you can even buy fractional shares for $5. 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. Steven Hatzakis is the Global Director of Research for ForexBrokers.com.
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. LimeFx is an online trading brand with high prestige in thefinance world, with certifications and awards to substantiate theirreliability. They are a well-regulated STP broker with awards for its clientprotection and product offerings. With accounts that suit both beginners andprofessionals, ample training material, frequent market analysis, and a broadselection of trading tools, LimeFx is an excellent choice for new and experiencedtraders.
The demo platform willhave $100,000 virtual money when you open the account, where you can check yourtrading strategies under close to actual market conditions. 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.
LimeFx offers an extensive range of over 150 tradeable assetsto its clients. 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. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs.
Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). Itis a very comprehensive offering and is led by the LimeFx Head Markets Analyst. They are differentfrom trading stocks where the parties don’t own the underlying asset but make profit/loss based on the price fluctuations of the underlying asset. Beginner traders will find it easy to deposit and withdraw from LimeFx and be able to trade with tiny amounts of capital. 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.
In the sample below, we can see that LimeFx isn’t the best choice for spread-only trading given most other brokers perform better. LimeFx has the usual range of CFD trading instruments such as Forex, cryptos, commodities, stocks and indices. Perhaps most interesting was the ability to purchase the physical stocks (i.e. the underlying instrument) but this feature is not available for UK and South African clients. Other good features we think are worth noting include being regulated in 6 different countries or regions.
We have become a one-stop shop for cutting-edge technology, wide-ranging education and superior trading conditions. Overall, trading Forex can offer numerous opportunities for profit, but it also carries a high level of risk of loss. Therefore, it’s important to approach Forex trading with a sound trading plan and a disciplined approach to risk management. At HF Markets, you can access a wide variety of educational resources to help you improve your trading skills.
Help our agents identify you so they can offer more personalized support. We have created a mobile experience specifically tailored to the needs and demands of our traders. The LimeFx App is modern, innovative, intuitive and awarded by Capital Finance as Best Forex Trading App. Yes, based on your detected country of NL, you can open an account with this broker.