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. Beginner traders will find it easy to deposit and withdraw from Lime Fx and be able to trade with tiny amounts of capital. Sure, there’s plenty of content on how to enter an order, or telling you what a currency pair is and how many trillions of dollars are traded each day. There’s also an economic release calendar, which can be useful for knowing when to expect market volatility and changes in spread sizes.

Markets

These currency pairs are referred to as major currency pairs, and they account for more than 80% of the daily trading volume in the Forex market. Forex trading also offers high liquidity, low transaction costs, leveraged trading and the ability to trade 24 hours a day, five days a week. You can choose between the MT4 and MT5 platforms and the Lime Fx App to start trading Forex. Should shares CFD shares be your preferred trading instrument, Lime Fx 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.

CHOOSE YOUR CFD FOREX TRADING PLATFORM

Overall, Lime Fx is a suitable choice for global traders, forex and cryptocurrency traders, and those seeking advanced features and comprehensive educational resources. Lime Fx (HF Markets) has achieved an average rating of 3.75 out of 5 on Forex Peace Army (FPA). We’ve observed numerous brokers on FPA, and most brokers tend to have lower ratings. There is a complaint that FPA does not approve all positive reviews and only approves negative ones for the sake of their business. To understand the real reviews, traders should focus on the content of the reviews.

• Additionally, Lime Fx demonstrates a commitment to client education through its comprehensive resources.
• Lime Fx primarily utilizes a spread-based fee structure, with competitive spreads available via the raw spreads Zero account.
• Lime Fx offers different types of accounts to its clients tosuit a wide range of trading strategies.
• Eachpartner is linked with a Personal Account Manager to make sure their plans aresuccessful.
• The AUD/JPY pair sees a spread of 2.4 for Lime Fx, while the industry average is 2.1.
• Limit and stop levels start from 2 pips, and traders canbegin trading with as little as $100 for the minimum deposit.
• Our broker reviews are reader supported and we may receive payment when you click on a partner site.

HFCopy Account

The swap-free account at Lime Fx is available to all clients, and they also provide trading conditions for those who adhere to Sharia law. 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. This account allows you to use the HFCopy app which uses the MQL5 MetaTrader Signal network for social trading.

History of HF Markets (previously HotForex)

We found making use of these very easy, just click on the drawing tool and select the points on the chart you’d like to draw a line through. 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. For the EUR/USD pair, Lime Fx has a spread of 1.4 pips, which is higher than the industry average of 1.2. The GBP/USD pair has a spread of 1.6 for Lime Fx, compared to the industry average of 1.6.

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. Lime Fx offers two pricing options, a commission account and a non-commission account. Using in-house data collection at CompareForexBrokers, we got an insight into the size of the spreads offered by Lime Fx. We take published spreads from the broker’s website and compare them with other brokers.

Our mission is to provide the best customer service to our clients by maintaining a superb client-centric culture. HF Markets aims to lead the way through the use of cutting-edge technology, innovative system solutions and unrivalled customer service. Lime Fx does not offer services to residents of certain jurisdictions, including the USA, Canada, Sudan, Syria, Iran, North Korea and others. We have created a mobile experience specifically tailored to the needs and demands of our traders. The reason for these subdued levels of leverage is the regulatory bodies that govern brokerage firms in the UK, EU, and UAE have strict limits on how much leverage is allowed.

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. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a limefx review range of other important fee-based data points. Trading in forex, stocks, cryptocurrencies, CFDs, indices, and commodities carries the potential for financial loss and may not be suitable for all investors. Moreover, losses in leveraged products may exceed your initial deposit. Before making any decisions regarding Forex or any other financial instruments, it is essential to thoughtfully consider your investment objectives, your level of experience, and your risk tolerance.

• Under Lime Fx policies, the clientis not liable to pay back a negative balance.
• If you are a forex and CFD trader looking for a trusted broker, Lime Fx (HF Markets) can be an ideal choice for your trading journey.
• We are committed to transparency, accuracy, and comprehensive insights.
• HF Affiliates is oneof the leading Partner Programs in the industry featuring competitivecommissions, marketing tools, and exceptional support.
• The account opening process is fully digital and can be completed via the website in less than 10 minutes.
• With Lime Fx, there are a similar amount of options to get your funds out of your Lime Fx account as there are to deposit.
• Lime Fx (HF Markets), previously known as HotForex, is a forex and CFD broker that provides online trading services globally.

Additionally, Lime Fx implements robust account security measures to safeguard your financial information. The educational package includes over 20 video tutorials,over 30 recorded Forex videos, trading webinars with Forex experts, and the Lime FxeCourse in Forex. Lime Fx has done a great job of publishing research &education, and it is visible that plenty of effort and resources are dedicated,especially in the research section. During events of high volatility, sudden price movementsmay occur, and margin calls or stop loss may not function correctly, whichcould lead to a negative balance in the account. Under Lime Fx policies, the clientis not liable to pay back a negative balance. You can trade both Spot marketIndices (plural for Index) as well as the Futures market.

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 limefx Markets and become an active forex trader in the global markets. Lime Fx offers several account types tailored to meet the diverse needs and experience levels of its clients. The main account types include Cent, Premium, Zero Spread, and Pro accounts.