Its strong regulatory framework and wide range of customer service options further solidify its position as a top choice for seasoned forex traders. Based on our extensive research and methodology, our expert team has rated Lime Fx (HF Markets) an impressive 9.1 out of 10. Lime Fx presents a compelling option for traders seeking a diverse and feature-rich trading environment. Additionally, Lime Fx demonstrates a commitment to client education through its comprehensive resources. Lime Fx stands out as a highly reputable and well-rounded online broker, offering a comprehensive and user-friendly trading experience.
We advise to contact their support at email protected if you have any questions regarding their bonus. Moreover, execution desk is available for all open orders, which means the clients can close or manage all their open positions over the phone. After you have submitted your documents, Lime Fx will normally verify your account in business hours and revert to you on your email with account verified message. In case you don’t receive confirmation within this time, you should contact their support for an update. Opening account with Lime Fx South Africa is very simple and does not take much time. You simply need to follow the below steps to open an account with them to start trading.
Warning Against HF Markets Clone
Traders can also access a comprehensive selection of analytical and educational tools to improve their trading experience. This includes online trading courses and podcasts, which are all free to access. Additionally, traders can also benefit from the broker’s favorable trading conditions and instant order execution.
HF Markets Trade Execution Method
Over 30 trading courses are accessible to registered users, suitable for all levels. The broker supports clients in more than 27 languages, 24/5, with limited weekend support for urgent issues. Mixed reviews are submitted about the quality of customer service provided by Lime Fx. Providing several channels for clients to seek help is crucial in any online platform. Considering this, the company offers customer support through limefx website several methods.
Other trading tools available at Lime Fx include a range of trading calculators, which can be used limefx scammers to calculate pip value, swap fees, risk percentages, and support and resistance levels. MT5, the newer version of its predecessor, MT4, is also available at Lime Fx. We recommend using MT5 if you are looking for a more powerful and faster trading platform when it comes to back-testing functionality for automated trading algorithms. Additionally, traders prefer MT5 for its depth of market display, additional technical indicators (38 as opposed to 30 on MT4), and analytical tools. It is also much easier to search for an instrument to add to the market watch list than on MT4. Yes, Lime Fx provides training course videos, educational videos, forex education/e-course, events, live webinars, exclusive analysis, and a podcast for training purposes for its clients.
You can talk to their support at any time during the week days & expect prompt response. Now coming to the withdrawal methods, Lime Fx offers a range of options to its customers. You should note that you can only request the withdrawal to your source funding method. We have found their execution to be really fast, but some other brokers like Lime Fx offer instant exeution. During our research, we found Lime Fx has the lowest fees on Forex Trading of all the regulated brokers in the market.
- Lime Fx offers wide-ranging educational content, from webinars and tutorials to trading apps and tools.
- The Lime Fx Pro account is specifically designed for experienced traders, offering ultra-low spreads and no commissions under the regulation of the Financial Services Authority (FSA) of Seychelles.
- These tools support traders at every level, from beginners learning the basics to pros enhancing their strategies.
- Some brokers charge extra hidden fees in the name of funds processing charges, annual fees etc.
Competitive Spreads and Fees
You can start with as little as $100 in most cases, but it’s important to note that forex trades are made in standard lots of 100,000 units of currency. Contracts for Differences (CFDs) are complex instruments and come with a high risk of losing money rapidly due to leverage. Before investing, you should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Our editors independently research and recommend the best products and services. You can learn more about ourindependent review processand partners in ouradvertiser disclosure. By engaging in this Lime Fx review, you will be better informed about this dynamic broker, understanding its pros and cons and deciding if it’s best suitable for your trading needs.
- Lime Fx is a highly regulated and trustworthy ECN/STP broker that has seen massive growth in recent years.
- Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries.
- These accounts all have tight spreads and minimum deposits starting at $5 on the entry-level account.
- While both platforms offer top-tier execution, MT5 adds 21 timeframes, 80+ indicators, and 100 chart views.
If your alarm clock didn’t go off and you are late to the market, no worries ― a quick review of FX Leaders’ news will have you back on the competitive lead lap in no time. As trading conditions shift and new platforms emerge, this review takes a closer look at its spreads, tools, regulations, and more. Lime Fx provides standard, premium, and zero-spread accounts, catering to different trading styles and experience levels. Support is available 24/5 in over 27 languages via email, live chat, and telephone.
In 2022, HotForex rebranded to HF Markets (Lime Fx) as part of its goal to more accurately align the broker’s product offering with its future direction. Based on our experts’ experience, Lime Fx Markets’ withdrawal and deposit features are among the smoothest. Our experts note that opening an account with HF Markets takes less than 24 hours and is a hassle-free process. However, the verification process took two days, which is longer than with similar brokers. One of the advantages of using HF Markets is its zero-commission fee for bank transfer and account replenishment.
Customer funds that are deposited on their website are secured, as the company is regulated by multiple Top-tier market regulators in multiple regions. Moreover, Lime Fx also provides insurance cover in case of any security incidents in terms of client funds. Overall, the customer support service through the live chat window and e-mail are decent. The unavailability of local phone numbers for customer support is disadvantageous for local clients in Malaysia. However, the trading fees at Lime Fx will depend largely on the account type chosen by the trader. Following is the comparison of fees that will be incurred if at Lime Fx with different accounts if you place and close a trade order of 1 standard lot on EUR/USD.