LimeFX Review in 2024 Spreads & Fees Compared

is LimeFX a good broker

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. 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.

Recommended For

LimeFX offers an extensive range of over 150 tradeable assetsto its clients. 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.

Opening an Account

Please note, some markets may only be available via CFDs or other derivatives. Compare HF Markets with the top 3 similar brokers that accept traders from your location. HF Markets is a legitimate broker-dealer, established in 2010, with a strong reputation. The brand operates in compliance with the regulations of leading financial agencies and has an impressive 3.5 million client accounts. This includes the Cyprus Securities and Exchange Commission, UK Financial Conduct Authority, and Dubai Financial Services Authority. I would also recommend signing up for exclusive insights from the brand’s team of experts, who provide detailed market commentary and forecasts.

Leverage

You can trade a maximum of 7Lots per trade up to a maximum number of 150 orders. LimeFX positions itself as a competitive player in the market, offering a compelling proposition to traders. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and limefx review content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about.

Depending on the marketmovement, there will be potential for profits. This account type is the same as the Premium or Zero SpreadAccount but follows Islamic law and therefore is a swap-free account. For instance, in Europe and the UK, LimeFX offers its Micro,Premium, and Zero Spread only.

is LimeFX a good broker

The bulk of business derives from HF Markets (SV) Ltd, registered as an International Business Company (IBC) in St. Vincent & the Grenadines, registration number IBC 2015. Since LimeFX has licenses from multiple world-class Forex regulators, I can confidently suggest that traders manage their portfolios at HF Markets (SV) Ltd. The agent who assisted me in Spanish, Joshua, didn’t have a single answer to the questions I asked. The only thing he responded with was, «I only have general information and it’s not my department.» I need specific information if I’m asking in live chat.

  1. I also appreciated that there were no fees for deposits, as long as wire transfers are over $250.
  2. Moreover, these mobile platforms are constantly updated to ensure security and new features, helping you stay ahead in the trading world.
  3. Withdrawals at LimeFX are processed promptly, with many processed within 24 hours.

Cent Account is ideal for beginners, allowing trades with tiny amounts (0.01 lots) and making it easier to manage your risk effectively. The Premium Account appeals to more experienced traders with considerable capital and lower spreads. If you are a professional, the Zero Account offers ultra-tight spreads starting from 0 pips and charges a small commission on trades. Additionally, LimeFX offers a Pro Account with limefx reviews ultra-low spreads and no commissions for traders who want to take their trading to the next level.