LimeFx Announces an Exclusive Trading Marathon, for a Chance to Witness Olympic Glory

Commodities are sensitive to political and economic events,which makes them attractive to traders. You can trade Palladium contracts on Spot markets and avariety of commodities like Coffee, Cocoa, Copper, Cotton, Sugar, and SoybeanOil contracts on Futures markets on LimeFx. LimeFx demo accounts are easy to set up and come with live pricing, virtual account balances of up to $100,000 and unlimited usage.

  1. The LimeFx Trader’s Board has data on how LimeFx clients trade and a lucrative partnership program is also available.
  2. Here is a screenshot of LimeFx quotes during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads.
  3. I like the Cent version for testing new EAs or manual trading strategies.
  4. They are ideal for testing strategies and algorithmic trading solutions.
  5. I can only recommend LimeFx, where traders get a broker who cares about them and understand the trading conditions that enable profitable traders to succeed.

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 offers demo accounts across the MT4, MT5 and Webtrader platforms and for most of its trading account types. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers.

Advantages of Trading with LimeFx

With ECN-like trading conditions, MT4 and MT5 trading platforms and over 50 forex pairs, see what we say about the broker. “As an innovator in the financial markets, we have always offered traders the best resources to capture opportunities and achieve success,” a spokesperson for LimeFx stated. LimeFx offers upgraded MT4/MT5 trading platforms and its proprietary limefx company reviews mobile trading app. Multi-lingual customer support is available 24/5, and LimeFx transparently lists all contact methods on its website. 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.

Popular Forex Reviews

We tested the platform with LimeFx and except for some personalised branding, MT4 with LimeFx has all the features we expect to see. LimeFx offers two interesting types of accounts which differ from the traditional trader and retail investor accounts. Blain Reinkensmeyer https://limefx.name/ has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry.

LimeFx has also taken out civil liability insurance up to €5,000,000, to protect client funds against broker error, negligence, fraud, and other risks. We gave them this score from evaluating their regulation, reputation, and reviews. 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. All accounts come with a personal account manager, which is just a fancy word for a customer service agent. Don’t expect any hotshot trading advice from your account manager. HF Markets Ltd, formerly Hot Forex is a forex, stocks, and CFD broking company owned by the HF Markets Group.

High leverage, generous bonuses, a loyalty program, and interest on free margin complement cutting-edge trading tools and ensure LimeFx clients have a notable edge in financial markets. The absence of cryptocurrency CFDs, for now, in an otherwise well-balanced asset selection is the only criticism in an otherwise excellent trading environment. That said, trading costs at LimeFx are slightly above the industry average across its spread-only accounts.

The leverage that LimeFx offers you varies greatly, depending on where you’re located, whether you’re a retail or professional trader, and which products you choose to trade. In terms of transferring your funds from your bank account into your LimeFx account, there are several options (some are better than others). Each has a differing minimum deposit amount, ranging from $5 to $100. LimeFx Trading App is the in-house app developed by LimeFx allowing traders to trade from their smartphones. The main benefit of using this app is that logging into your trading account is easier since it can be done with your LimeFx credentials.

These include your full name, gender, country of birth, phone number and the base currency you’d like your account to be held in. If you wish to automate your trading or build your custom indicators, MT4 allows you to build Expert Advisors (EAs) to do these. Being able to code is an advantage for building these EAs but if not, we found you can find many free or paid ones in the MT4 marketplace. There are also energy commodity products, both spot contracts and futures contracts, which allow you to speculate on the price of crude and Brent oil. Soft commodities, such as cotton, cocoa, and sugar are also available. Client funds are segregated, and held by major global banks, in compliance with the regulations of government authorities.

The world’s most popular instruments at your fingertips

LimeFx requires a minimum deposit of $0 before you can open an account and start trading. There are nolimits on commissions or on how to manage your business. HF Affiliates is oneof the leading Partner Programs in the industry featuring competitivecommissions, marketing tools, and exceptional support.

What is the LimeFx trading platform?

It’s important to pick an account type that matches your trading experience and strategy, so make sure to read the above section on account types. The broker does not have a minimum deposit requirement to open cent, zero, and premium accounts. Meanwhile, the Pro account requires a minimum deposit of $100 or a similar amount in your base currency.

You can trade both Spot marketIndices (plural for Index) as well as the Futures market. Examples of Indicesinclude Australia 200, France 40, US Wall Street 30, etc. You may refer herefor the full details on various Indices on offer on LimeFx. Index trading involves speculation on the movement of asection of a market, instead of individual stocks.

I always recommend that traders check them before evaluating the total trading costs. The Copy account allows you to track the leading traders andcopy their trades. An advanced trader with trading experience, can become aStrategy Provider and display their trading strategy, knowledge, and expertisein exchange for a performance fee based on copy trades. We must warn you, that some of the digital wallets have hefty fees and currency conversion spreads.

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