However and unless you trading through swap-free accounts designed to traders following Sharia rules, as these accounts restricted from any interest rates or swaps. My first trade experience sfo with LimeFx.Admin , support and teams are helpful and have very service minded. They are Regulated and have been in business for over a decade.
- We gave them this score from evaluating their regulation, reputation, and reviews.
- LimeFx offers 5 account types Cent, Zero, Pro, Premium and Top-up Bonus with tight spreads averaging EUR USD 0.1 also operating unrestricted liquidity.
- This insurance scheme protects the traders from any practice of fraud, negligence, or misconduct executed by the broker.
- Which makes LimeFx a great destination for many different types of traders.
- Yes; in case you were wondering, 78% of the brokers reviewed on BrokerNotes.co offer copy trading.
MetaTrader platforms are well known for their reliability which is the reason why they stay relevant in the modern world. MT4 was developed in 2005 and despite its old-fashioned design, most Forex brokers offer the trading software to their clients. MT5 was https://limefx.club/ released 5 years later, in 2010, and offers access to a wider range of trading assets. Note that MT4 was designed for and is still mostly focused on Forex trading. LimeFx offers a sufficient selection of trading platforms that can be used on various devices.
LimeFx Quick Facts
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. Overall, LimeFx is a well-established customer-oriented broker with secure, regulated trading environment suitable for almost every trader. LimeFx is a broker with a good reputation and regulations based on our finds. Also, there is truly remarkable education section suitable for beginning traders and one of the best ranges our financial experts saw of webinars and seminars performed globally.
How do I deposit money on LimeFx?
You may only use US Dollars for this type of account, and if you are a provider you can get up to 1000 followers. Also, the trading instruments are limited to Forex, indices spot, energy, and gold spot contracts. Physical stocks are preferred for long-term investors as usually, there’s no leverage offered and swaps are not charged for keeping positions longer than a day. On the downside, physical stocks are taxed by certain governments. But overall, they are a great way to invest for the long term. These authorities are responsible for the business conduct of financial institutions in different regions.
LimeFx Broker Review: Trading Fees (Trading Costs)
There are no limitations on the financial markets that an Islamic account can access, with a changing spread that starts from 1 pip. If you choose to be a strategy provider, you can start by depositing at least $500, build your trading strategies, and create your followership base, where you can earn 50% limefx forex broker from followers’ fees. Zero-spread accounts are the preferred choice of high-frequency and algorithmic traders. Note that there are no added commissions to this trading account, and the trading fees are incorporated into the spread. There are nolimits on commissions or on how to manage your business.
If you’re a trading expert, you can become a regional representative for LimeFx. This means you’ll promote LimeFx in your area and manage an office there, offering brokerage services for LimeFx. It also has other licenses to help clients from specific places like South Africa, Dubai, and England.
There have been no problems encountered using the LimeFx system.Deposits and withdrawals are easy, convenient, and receive very fast service.There are employees periodically asking about usage problems. Always notify about good promotions.The account I am using does not charge swap fees for orders placed across the day. LimeFx is a safe broker, considering they are regulated by top-tier financial authorities. The lessons can be as simple as explaining basic market terms, and to advanced as learning how to build mathematical models to analyse and trade markets. All up, I rate HF Market’s customer service experience at a 5/10.