While LimeFx offers copy trading, Interactive Brokers does not. The MT4 trading platform remains the leader in algorithmic trading, and MT4/MT5 features a built-in copy-trading platform. I like the investment LimeFx made into upgrading the sub-standard out-of-the-box MT4/MT5, ensuring traders have an edge in financial markets. Ultimately LimeFx ranks #40 of the 62 brokers graded across our platforms & tools category. 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.
Compare HF Markets Competitors
Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14. Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team.
What is the LimeFx trading platform?
Overall, LimeFx ranks #23 out of the 62 brokers that have been evaluated and scored within our investment types category. LimeFx has a Trust Score of 86, compared to the industry average of 83, and BrokerNotes.co considers LimeFx to be Trusted. LimeFx is a safe broker, considering they are regulated by top-tier financial authorities. The lessons can be as simple as explaining basic market terms, and to advanced as learning how to build mathematical models to analyse and trade markets. With LimeFx, customer service is available 24 hours per day, five days per week through email, phone, and live support.
Additional Features
- It emphasises data security, using encrypted data transmission and storage to protect sensitive information, and employs technologically solid trading platforms like MetaTrader, known for their reliability.
- The demo account is compatible with all trading platforms, account types and pricing models.
- We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms.
There are also plenty of analytical tools available to help with trading decisions. This includes an economic calendar, live market news streams, and company earnings calendars. HF Markets is a heavily regulated broker with a high trust score. I found the navigation bar particularly easy to use, with simple switching between functions.
What are the LimeFx account base currencies?
We generally advise against trading with brokers from offshore zones because they don’t regulate Forex trading. But because of LimeFx’s many regulations, it’s seen as safe to trade with them. 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. 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.
I’m still battling for 50 usd with the withdrawal department. When I started using premium trader tools, I was able to download and install the multi platform tools on MT4. This’s a package that meets the requirement for those who prefer scalping.
I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability. LimeFx offers traders commission-free Forex trading with higher spreads, a highly competitive commission-based alternative. BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. All content is researched, fact-checked, and edited by our research team and all ratings and rankings are based on the team’s in-depth product testing. 92% of the brokers in our database (60+) offer Visa/Mastercard, 75% offer Skrill, 69% offer Neteller, and 45% offer PayPal.
LimeFx FIX/API is great for clients who prefer the FIX protocol. You can also copy trades or become a professional trader to be copied using LimeFx’s advanced PAMM technology. 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.
The only application form typically takes less than 20 seconds to complete, asking for country of residence, e-mail, and the desired password, which grants access to the myHF back office. LimeFx does not ask unnecessary questions, the process is hassle-free, and the back-office user friendly. The reason for these subdued levels of leverage is the regulatory bodies that govern brokerage firms in the UK, EU, and UAE have strict limefx reviews limits on how much leverage is allowed. Sure, there’s plenty of content on how to enter an order, or telling you what a currency pair is and how many trillions of dollars are traded each day. All up, I rate HF Market’s customer service experience at a 5/10. For urgent technical support or inquiries, calling the company’s phone line would be a much quicker option, but be aware that international calling may be costly.
Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker’s commissions and fees, we found that LimeFx offers better pricing overall for traders. Based on our thorough, data-driven testing of each broker’s commissions and fees, we found that IC Markets offers better pricing overall for traders. Based on our thorough, data-driven testing of each broker’s commissions and fees, we found that LimeFx offers better pricing overall for traders. Based on our thorough, data-driven testing of each broker’s commissions and fees, we found that Interactive Brokers offers better pricing overall for traders.
Your feedback motivates us to keep delivering excellent service. Very helpful and useful, though my trading experience still remains to be seen. If you ever have more thoughts to share or need assistance, feel free to reach out. If you have traded with HF Markets we would really like to know about your experience – please submit your own review. The HF Markets Group is regulated by several financial watchdogs. This includes the Cyprus Securities and Exchange Commission, UK Financial Conduct Authority, and Dubai Financial Services Authority.
The events timeline tab also gives a useful diagram of upcoming events. The small-screen platforms provide all the powerful features of the PC versions, including interactive charting with drawing tools and technical analysis. I found the push notifications particularly useful, alerting you to major events and price movements. The broker operates with no dealing desk intervention, meaning you benefit from tight spreads directly from top-tier liquidity providers.
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 https://limefx.biz/ 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.
As well, MT4 mobileapplications are available for both Apple and Android smart devices. LimeFx Demo account is designed to closely resemble the Liveaccount, thereby offering a seamless transition to the Live account for anybodynew and testing the market before putting in their real money. The demo platform willhave $100,000 virtual money when you open the account, where you can check yourtrading strategies under close to actual market conditions. 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. I should admit it is commendable of them to provide such opportunities.