Read on to learn more about how you can makethe most of it. LimeFX is one of the most respected forex brokers on themarket. They provide service to more than 180 countries across the globe andoffer both STP and ECN trading platforms. LimeFX is a forex and commoditiesbroker and is the brand name of HF Markets Group. LimeFX has established itself among the most competitive Forex brokers with a quality mix of products and services.
Currency Conversion Fees
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. Clicking through to the next step, we have the account open. All that’s left to do is load our chosen trading platform and make a deposit. 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.
LimeFX offers an extensive range of over 150 tradeable assetsto its clients. Multi-lingual customer support is available 24/5, and LimeFX transparently lists all contact methods on its website. It also maintains a trading desk for phone-assisted trades. LimeFX describes its products and services well, and it has plenty of videos and a well-structured FAQ section. I recommend live chat should traders require assistance for non-urgent matters and phone support for emergencies. LimeFX maintains a valuable educational section for beginners.
What kind of broker is LimeFXarkets?
The GBP/USD pair has a spread of 1.6 for LimeFX, compared to the industry average of 1.6. The AUD/JPY pair sees a spread of 2.4 for LimeFX, while the industry average is 2.1. The clarity of LimeFX’s financial reports has been instrumental in guiding our strategic decisions. Thank you so much for taking the time to review LimeFX’S platform. Thank you so much for this great review with fantastic feedback on LimeFX’s platform. Reports that are constant and easy to understand is vital to be the best.
- LimeFX’s exceptional service stands out, as their actionable financial insights have significantly improved our overall operations.
- The beauty of these platforms is the one-click execution of trades,which allows you to place trades easily on the go.
- Its worldwide acclaim is attributed to the abundance of languages it supports and an extensive range of technological tools and add-ons that facilitate a collaborative learning environment.
- The MT4 trading platform remains the leader in algorithmic trading, and MT4/MT5 features a built-in copy-trading platform.
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. Three are aimed at beginner to intermediate traders, with a separate pro account designed for more experienced traders. Just note that some accounts are only available in certain countries. LimeFX consistently impresses with their detailed financial reports that facilitate data-driven limefx review decision-making.
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For those looking for even narrower spreads, the Zero Account starts at 0.0 pips, while the Pro Account provides spreads as low as 0.5. In places with strong market volatility, these tight spreads may be the difference between profit and loss, enabling traders to trade with lower costs across various financial instruments. For modern traders, MetaTrader 5 (MT5) offers sophisticated features that cater to their needs.
Yes, it is regulated by many top-tier agencies, including CySEC and the FCA, which assure stringent financial standards and customer safety measures. Indeed, all instructional offerings are intended to be available to all its traders, giving them the information required to trade confidently. There are 33 exchange-traded funds available, allowing traders to invest in a basket of assets, such as equities, commodities, or bonds, for diversified exposure with a single transaction. Other products, including indices, bonds, DMA stocks, ETFs, and cryptocurrencies, have their swap rates changed appropriately, with triple costs imposed on Fridays. Indeed, LimeFXarkets offers the HF App, which enables mobile trading on iOS and Android smartphones and provides complete trading capabilities.
The LimeFX Trader’s Board has data on how LimeFX clients trade and a lucrative partnership program is also available. LimeFX offers traders MT4/MT5 and upgrades them with 12 trading tools by FX Blue Labs plus Autochartist. They are available as a desktop client, a webtrader, and a mobile app, while MT4 comes with the PAMM module.
Similar apps
While the limefx scammers numbers above use the spreads brokers publish on their website, Ross Collins from our team tested the Standard Account Spreads for 20 brokers to see how they performed. We collected data from the websites of 50 different brokers so we think this sample size provides a fair base to calculate industry averages. 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. LimeFX excels at transforming complex financial data into clear, actionable insights.