HF Markets Platforms Forex Broker

Just know that it is not the best option for stock trading, for this, you are better off using its more powerful successor MetaTrader 5. LimeFx offers a total of 38 FX pairs, which is a decent amount of currencies, but less than some other major brokers. Brokers like Pepperstone, IC Markets and Eightcap have about currency pairs, while CMC Market and IG have over 100 pairs. All that said, LimeFx do have the most popular traded pairs which is all most traders will need.

  1. The platform can be downloaded on thedesktop or used online through the MT4 web-trader platform.
  2. The broker also offers negative balance protection, which protects you against going into debt in times of a losing trading position.
  3. Just note that some accounts are only available in certain countries.
  4. 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.

Forex Risk Disclaimer

For example, the GBP/USD pair has a spread of 1.9 for LimeFx, compared to the industry average of 1.68. The AUD/JPY pair sees a spread of 2.8 for LimeFx, while the industry average is 2.31. We collected data from the websites of 50 different brokers so we think this sample size provides a fair base to calculate industry averages.

LimeFx (HF Markets) Review: Fees, Safety, Platforms

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. LimeFx offers demo accounts across the MT4, MT5 and Webtrader platforms limefx website 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.

Account Opening Options

Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004. Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates. He has a Masters and Commerce degree and has an active role in the fintech community. LimeFx is a safe broker, considering they are regulated by top-tier financial authorities. But, when it comes to developing trading skills that are going to mean the difference between profits and losses on your account, LimeFx isn’t going to help you get there.

LimeFx Customer Support

Three are aimed at beginner to intermediate traders, with a separate pro account designed for more experienced traders. Just note that some accounts are only available in certain countries. Blain Reinkensmeyer 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. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.

You can find out when major economic news is due for release on our Economic calendar. Contact us directly for further inquiries about our products and services. The educational package includes over 20 video tutorials,over 30 recorded Forex videos, trading webinars with Forex experts, and the LimeFxeCourse in Forex. LimeFx 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. Index trading involves speculation on the movement of asection of a market, instead of individual stocks.

Of the accounts LimeFx offer, we think their no-commission accounts are a better choice, that said, we think there are better brokers for low spreads. LimeFx offers two interesting types of accounts which differ from the traditional trader and retail investor accounts. Designed from the ground up to suit the needs of all traders, from beginners to advanced, these are the best trading accounts in the industry. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. Before trading, study basic forex strategies and learn how to analyze currency markets properly.

Then, open an HF Markets Live or Demo Account and choose your trading platform. Select your preferred currency pairs and use the platform’s advanced trading tools to open, manage, and close your positions. LimeFx supports trading on iPhone, iPad as well as Android MT4platforms.

Get the competitive edge you need to place trades and manage your positions. Access our free educational resources to improve your trading skills and strategy. LimeFx has a strong commitment to not just providing the bestpossible customer experience, but also acknowledging its social responsibilityto communities and organizations around the world. Withdrawal methods are the same as the deposit methodsexcept that the e-wallets available for withdrawals are limited to Skrill &Neteller.

MT5 provides advanced charting features, including multiple timeframes, technical analysis tools, and custom indicators and supports automated trading through the use of Expert Advisors (EAs). MT5 also supports a wide range of order types, including market orders, pending orders, stop-loss, and take-profit orders, providing greater flexibility in executing trades. Traders have access to a more diverse range of trading instruments including forex, other CFDs and futures markets. The platform has a large user community and an active marketplace for custom indicators and EAs, making it easier for traders to find the tools and resources they need to succeed. Overall, MT5 is a powerful and versatile platform that provides traders with a range of advanced tools and features for a seamless trading experience.

There’s also an economic release calendar, which can be useful for knowing when to expect market volatility and changes in spread sizes. With LimeFx, customer service is available 24 hours per day, five days per week through email, phone, and live support. https://limefx.group/ 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.

It does appear you get good value provided you use the right currency pair. The Terminal moduleof the MT4 platform allows you to manage and monitor all your tradingactivities, pending orders, trading account history, cash operations, overallbalance, equity, and your margin. Theplatforms come equipped with all the necessary tools and features aprofessional trader needs to trade successfully.

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