Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. 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. As well, Lime Fx pricing is one of the lowest rates in the industry. Below you may see a comparison of the most popular instruments, the typical spread based on Standard conditions, as well for your information compare fees to another broker Lime Fx. While trading with Lime Fx FOrex we found available fixed or floating leverage, which is indeed a very useful tool, especially for traders of smaller size.
Thank you for bringing your feedback to our attention.We regret to hear about your experience and would like to assure you that we take your concerns very seriously. In order to assist you more effectively, we kindly request additional information. Please contact us via email, live chat, or phone, and we will be pleased to provide the necessary support.We appreciate your patience and understanding as we work to resolve this issue. Thank you for your kind words and for sharing your experience with HF Markets.
They offer MetaTrader4 (MT4)and Meta Trader5 (MT5) trading terminals which are as good a platform as any other (maybe the best). Their platform is perfect for forex and futures trading, and is developed by MetaQuotes Software Company. Opening account with Lime Fx South Africa is very simple and does not take much time.
Deposits & Withdrawals Methods
Please feel free to get in touch with us through email, live chat, or phone so we can assist you effectively.Thank you for your understanding and patience as we work towards a resolution. We’re glad to hear that the registration and deposit process was seamless and our support team responsive. We appreciate your feedback and are here if you need further assistance.
How to open HotForex Demo Account?
- I value the Lime Fx investment made using AI and big data to help clients navigate financial markets, especially with more than 1,200 assets available to trade.
- Traders can view theirtrading activity and analyse using advanced analytical tools and charts attheir disposal.
- If you want a program that has the fundamental features you need to trade without superfluous features that some competing platforms tend to have, then MT4 is an excellent choice.
- Or, you can choose to withdraw to a crypto account, or e-wallet such as Skrill or BitPay for a much quicker withdrawal.
If you’re Australian, you’ll need to find another broker, as Lime Fx doesn’t offer their services to the land down under. Overall, I can’t fault the Lime Fx 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.
These include your full name, gender, country of birth, phone number and the base currency you’d like your account to be held in. You’ll need to show your country of residence, as certain countries are only allowed certain accounts. MT4 also comes with 23 drawing tools to help identify support and resistance levels, or trend lines. 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. Client funds are segregated, and held by major global banks, in compliance with the regulations of government authorities. We gave them this score from evaluating their regulation, reputation, and reviews.
The Trustpilot Experience
Lime Fx does offer 4 ZAR base currency accounts for traders in South Africa. These are Micro account with the lowest minimum deposit of R70, Premium account with R1400 deposit, Zero Spread account with R2800 deposit & the Auto Account. Lime Fx provides robust trading platforms including MetaTrader 4, MetaTrader 5, and a proprietary copy trading platform, covering a broad spectrum of trader needs. Be aware however that its proprietary platform only supports copy trading; Lime Fx does not support a web app for trading beyond the MetaTrader suite. Lime Fx 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. 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.
It is the brand name of “HF Markets Group” limefx which serves clients from around 200 countries. It is a popular broker, with more than 2.5 million live accounts registered. The minimum deposit amount required to open a broker account with HF Markets (Lime Fx) / HotForex is $5 and there are no deposit fees. That said, its educational offering still lags behind the industry leaders. Commodities are sensitive to political and economic events,which makes them attractive to traders.
Lime Fx limefx scammers 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. Lime Fx offers different types of Accounts to its clients to suit a wide range of trading strategies. Lime Fx is a 100% STP broker, all the trades are executed as Market orders which means there won’t be any requotes.
HF Markets (Lime Fx) Review – Accounts Types
It can create unrealistic trading expectations, and the absence of real risk produces a false psychological simulation of trading with real money. 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.
Lime Fx is suitable for various traders including European clients, Africa and Asia traders, also beginning traders and experienced looking for good technical trading solutions. We’re glad to hear that you satisfied with our dedicated customer support services. We always strive to provide the best experience for our valued clients. We must warn you, that some of the digital wallets have hefty fees and currency conversion spreads.
The commission-based structure is transparent and is based on the currency pair type. This account has very low spreads hence we highly recommend Lime Fx Zero account. We use proprietary AI technology to assist in some aspects of our content production. However, our scores, ratings, and rankings of online brokers are based on our in-depth product testing and thousands of hand-collected data points.