HF Markets World Leader in Financial Trading

You also will not need to select the MT4 or MT5 server you wish to use and lastly funding your account can be done directly via the app. A commission charge of USD 0.1% is applied with MT4 while it is 0.01 USD or 0.02 EUR per deal with MT5. Some brokers like LimeFx, IG, and TMGM allow you to choose from 1000s of global shares so LimeFx might not be the best choice if you like trading and require a variety of shares CFDs. This type of account is certainly for more advanced traders, and if you’re just getting started in the markets, could be a good thing to strive for in the future. LimeFx has the usual range of CFD trading instruments such as Forex, cryptos, commodities, stocks and indices. Perhaps most interesting was the ability to purchase the physical stocks (i.e. the underlying instrument) but this feature is not available for UK and South African clients.

Can I trade Forex on my phone?

We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. Alongside quality research and MetaTrader offering, LimeFx (HF Markets) offers a proprietary copy trading platform, HFcopy, as well as a decent selection of nearly 1,000 CFDs (including 100+ forex pairs). That said, trading costs at LimeFx are slightly above the industry average across its spread-only accounts. At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers.

• 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).
• Overall, the use of MQL and automated trading with EAs is a popular feature of MT5, providing traders with a flexible and powerful tool for executing their trades in the financial markets.
• LimeFx (HF Markets) offers a variety of trading instruments, including Forex, Gold, Metals, Stocks, Bonds, Indices, Energies, Commodities, Cryptos, and ETFs.
• But, once again, these could come with a bunch of fees to pay.
• It provides its own proprietary FxPro Edge app – though it isn’t yet available for mobile – alongside access to the BnkPro app (which isn’t yet available in all regions).
• 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.

AWARDED BEST TRADING ACCOUNTS

FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader. Formerly known as Hot Forex, LimeFx (HF Markets) is a forex and CFD broker that’s a good match for beginner to intermediate traders.

Stock Market Benefits from US CPI Report

For the EUR/USD pair, LimeFx has a spread of 1.2 pips, which is lower than the industry average of 1.35. However, from this point on, LimeFx was wider than the industry average. 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 caters to traders resident in most countries, except the USA, Canada, Sudan, Syria, North Korea, Iran, Iraq, Mauritius, Myanmar, Yemen, Afghanistan, and Vanuatu.

Features MT5 offers over MT4 include the ability to trade stocks, more order types (6 vs 4), additional technical indicators (38 vs 30) and analytic tools (44 vs 23). You will also find 21 timeframes vs 9, a Depth of market indicator and even 64-bit (vs 32-bit)processing which makes MT5 a superior option for backtesting. 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.

Can I trust Interactive Brokers?

Other good features we think are worth noting include being regulated in 6 different countries or regions. Our forex comparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner site. As a trusted and secure Forex brokers LimeFx has its hard-earned and well-deserved reputation to uphold. All client deposits remain segregated from corporate funds, and LimeFx provides negative balance protection to all traders. Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders check regulation and verify it with the regulator by checking the provided license with their database.

LimeFx is one of the best brokers in the market with smooth interfaces for traders and partners. Deposits and withdrawals occurred in a lightning speed and never got any issues in trading system. We’re glad to hear that you satisfied with our dedicated customer support services.

We always strive to provide the best experience for our valued clients. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.

If you are a forex and CFD trader looking for a trusted broker, LimeFx (HF Markets) can be an ideal choice for your trading journey. However, We always encourage traders https://limefx.group/ to test brokers with a demo account or with a small deposit. Once you are satisfied with the trading conditions of the broker, you may proceed with real trading.

Meanwhile, the Pro account requires a minimum deposit of $100 or a similar amount in your base currency. MetaTrader5 (MT5) like MT4 is another platform that is commonly available with Forex brokers and one we are very familiar with. Given that MT5 is an updated version of MetaTrader4, with more advanced features and is still receiving new development and support limefx website from Metaquotes, we tend to recommend this platform to most traders. MetaTrader4 (MT4) is the industry-standard workhorse software of the retail forex industry and is offered by many brokers so is one we are very familiar with. We tested the platform with LimeFx and except for some personalised branding, MT4 with LimeFx has all the features we expect to see.

To open a trading account with FOREX.com, you’ll need to make an initial minimum deposit of $100. If you’re from the UK, Europe or the UAE, LimeFx is a highly regulated broker with a respectable amount of tradable products. If you’re Australian, you’ll need to find another broker, as LimeFx doesn’t offer their services to the land down under. The team at CompareForexBrokers have long liked the ultra-intuitive, feature-rich experience that allows you to quickly analyse markets and enter and exit trades with a few mouse clicks. With this in mind, it’s not hard to see why MT4 is popular, finding trading opportunities and executing your trades is just really straightforward when using this platform.

Overall, trading Forex can offer numerous opportunities for profit, but it also carries a high level of risk of loss. Therefore, it’s important to approach Forex trading with a sound trading plan and a disciplined approach to risk management. At HF Markets, you can access a wide variety of educational resources to help you improve your trading skills.

👉 According to research in Nigeria, Forex, CFD, and commodities trading services, solutions, and facilities are provided by LimeFx to individual and institutional customers from across the globe. More than 2.5 million traders from all around the globe use LimeFx, which is available in over 27 different languages to them. Brokersway is a website that provides unbiased reviews, ratings, and comparisons of online forex and CFD brokers.

We found making use of these very easy, just click on the drawing tool and select the points on the chart you’d like to draw a line through. 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. Client funds are segregated, and held by major global banks, in compliance with the regulations of government authorities. 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.