Lime Fx Review formerly HotForex year Is it a Legit Broker?

They go out of their way to ensure you have a great experience with them. Lime Fx withdrawal options include cards, bank transfers and various e-wallets. However, Wire Transfer may involve some correspondent fees according to your bank and international policies. Make sure you type these correctly because if you make mistakes you will not be able to connect to your trading account via Hotforex login. When you create a new account, your credentials to log into each MetaTrader version will be available on-screen after creating the account and on your email that confirms the account creation. To log in to your Hotforex (Lime Fx) account, simply open the platform you want to trade on e.g WebTrader, MT4, MT5 etc.

The Lime Fx Cent account provides access to Forex and gold trading, and features trading in Cent lots, where the minimum trading size available here equals 0.01 cent lots, or 10 currency units. At Lime Fx you can find over 50 Forex pairs and 500 CFD assets, including metals, energies, indices, stocks, commodities, bonds, ETFs, and cryptos. Forex spreads start from 0 pips and there’s a $6/lot round limefx review turn commission. Trading in forex, stocks, cryptocurrencies, CFDs, indices, and commodities carries the potential for financial loss and may not be suitable for all investors.

HotForex regulations

• The platform supports one-click trading, all order types, and automated trading through Expert Advisors (EAs).
• Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here.
• I like the investment Lime Fx made into upgrading the sub-standard out-of-the-box MT4/MT5, ensuring traders have an edge in financial markets.
• The platform does not offer live chat, but the support team is known for quick responses and effective solutions to traders’ issues.
• It’s wonderful to know that you’re satisfied with your trading experience, and we’re excited to keep delivering the same quality service moving forward.
• This Lime Fx broker review found that HF Markets is a hybrid broker and it does not take the other side of its client’s trades resulting in no conflict of interest.
• Lime Fx provides a variety of exciting bonus offerings designed to enhance traders’ experiences and help them maximize their potential across over 500 trading instruments.

These bonuses are automatically applied to eligible deposits, providing traders with additional funds to trade. The Lime Fx Loyalty Program allows traders to earn Lime Fx Bars with each trade, which can be exchanged for bonuses, cash, or trading services. There are also contests and merchandise giveaways for both active and demo account traders. There is a very high degree of risk involved in trading securities. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.

Best Forex Brokers in Mozambique

Lime Fx is a forex and commoditiesbroker and is the brand name of HF Markets Group. Most accounts offer variable spreads, and commissions may apply on specific trades or account types. For example, Pro and Pro Plus accounts feature tighter spreads with lower commissions. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). 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.

Contact Details and Customer Support

In summary, Lime Fx is advised for Traders looking for stability of operation, proven timely platforms with no restriction on strategies and traders in need of lower spreads once trading size grows. Also, Zero Account of Lime Fx can save costs for more seasoned traders, while High-frequency traders, in particular, value the commission structure and incredibly tight spreads. Yet, Lime Fx might not be the best for traders who prefer other than MetaTrader platforms and need thousands of tradable instruments. Lime Fx is a well-established broker with a strong reputation for security and regulation. They offer a user-friendly experience with popular trading platforms, competitive spreads (depending on the account type), and educational resources to support traders. HF Markets offers a well-rounded trading experience with competitive bonuses, reliable customer support, and a wide range of educational resources.

Premium Account ($100 deposit)

Lime Fx caters to most traders from its headquarters in Saint Vincent and the Grenadines, but it has offices in each country where it maintains a regulatory license. Lime Fx caters to traders resident in most countries, except the USA, Canada, Sudan, Syria, North Korea, Iran, Iraq, Mauritius, Myanmar, Yemen, Afghanistan, and Vanuatu. Please note that EEA traders must trade with the less competitive Cyprus subsidiary as Lime Fx does not accept them via its international brokerages. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the commission-based account. Here is a screenshot of Lime Fx quotes during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads.

You can limefx scam trade Palladium contracts on Spot markets and avariety of commodities like Coffee, Cocoa, Copper, Cotton, Sugar, and SoybeanOil contracts on Futures markets on Lime Fx. Lime Fx offers the industry-standard MetaTrader 4 and 5 platforms, along with their own HF Copy platform for social trading. A four tier loyalty program rewards active traders with cash rebates and other perks. Lime Fx also introduced a Return on Free Margin program, paying up to 3.00% on the available margin, calculated daily, and paid monthly directly into the myHF wallet.

• The broker also provides access to Autochartist and SMS market notification services.
• They offer an unlimited demo account with a virtual balance of $100,000 and real-time data.
• Based in Australia, it is regulated by top regulatory authorities, including the FCA, CySEC, CMA, FSC, SVGFSA, FSA-S, FSCA, and DFSA.
• He is also very helpful when I need guidance on how to speak to people about joining Lime Fx, he helps me find the words and is super friendly and very professional.
• With over 160 assets available on forex, crypto, stocks, and a few other asset classes, traders can access a solid selection of markets, making profile diversification easy.

While the Lime Fx web platform offers basic trading activities, it lacks sophisticated custom tools seen in desktop systems or specialized trading apps. Furthermore, operating outside of its MetaTrader suite and HF Copy platform is a standalone web app which we find very comprehensive and well established recommended to those who prefer Copy Trading. So in our financial review though either you wish to join copy traders or to use EAs, perform scalping or become a partner etc. there is an option for all. While the overall sentiment is positive, potential clients should consider both praise and criticism when deciding. It’s important to note that individual experiences can vary, and traders should always conduct their due diligence. However, to sign up for a live account, a trader will have to provide all the real information.

Demo Account

From what we can see, Fintana’s measures prioritize the security of client funds. These include segregated accounts, SSL encryption, and negative balance protection. These measures safeguard client assets and secure and separate client funds from the broker’s funds. HotForex offers a variety of bonuses and promotions to reward traders and encourage engagement with their platform.

These PAMM accounts are specialised for trading in Forex, metals, oil, and indices with a minimum trade size of 0.01 lot. The Lime Fx Top Up Account is distinctive for offering a bonus on every eligible deposit but is exclusively for traders under the regulation of the Financial Services Authority (FSA) of Seychelles. Lime Fx Top Up account is not available for traders in the EU, UK, and Australia. Traders can utilise both MT4 and MT5 trading platforms with the Lime Fx Premium Pro account.