The trade execution is pretty impressive on this broker’s platform especially with the good leverage on micro account. My total trade experience with this broker is around one year trading live. 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.

Range of Offerings

The commission-free trading account lists a minimum spread of 0.5 pips but carries an average one of 1.4 pips or $14 per 1.0 standard lot. The commission-based alternative commences with a raw spread of 0.0 pips and average spreads of 0.2 pips for a commission of $6.00 per lot or total costs of $8.00 for major currency pairs. Hot forex is currently one of the best forex broker at the moment.

Formerly known as Hot Forex, Lime Fx (HF Markets) is a forex and CFD broker that’s a good match for beginner to intermediate traders. Most features on offer are quite generic for typical no-dealing desk brokers. For example, trading via MetaTrader 4 and MetaTrader 5 trading platforms and a decent range of CFD trading products like Forex, cryptos, stocks, commodities and bonds. Lime Fx offers demo accounts across the MT4, MT5 and Webtrader platforms and for most of its trading account types. Lime Fx is an online trading brand with high prestige in thefinance world, with certifications and awards to substantiate theirreliability. They are a well-regulated STP broker with awards for its clientprotection and product offerings.

Unique Features

Important to consider, there is a fee charged in case you didn’t use your account and show no activity for 6 months or more. After this your account entitled to 5$ Lime Fx inactivity fee per month. No, Lime Fx is not a scam, we consider Lime Fx a safe broker due to being licensed by several top authorities including FCA, FSCA and CySEC. We’re appreciates that you’re happy with the assistance you’ve received.

What Instruments I can trade in Lime Fx?

Overall, we have found Lime Fx’s list of instruments to be okay, and their fees is moderate for most of the instruments. The availability of multiple asset classes (including trading on major indices) is a plus. Our testing found that Lime Fx’s mobile trading apps are well-suited for traders who need access on the go, with a high level of functionality and ease of use recommended for mobile traders. Our research led us to conclude that Lime Fx is a commendable choice for traders interested in forex and CFDs. With its diverse offering and positive evaluations across multiple aspects, Lime Fx is recommended for traders looking for a reliable and robust trading platform, with a particular emphasis on copy trading. 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.

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Our results are really interesting and overall we can say there are brokers with spreads that are lower (at least according to our results). For the EUR/USD pair, Lime Fx has a spread of 1.2 pips, which is lower than the industry average of 1.35. However, from this point on, Lime Fx was wider than the industry average. For example, the GBP/USD pair has a spread of 1.9 for Lime Fx, compared to the industry average of 1.68. The AUD/JPY pair sees a spread of 2.8 for Lime Fx, while the industry average is 2.31. We think Lime Fx’s (also called HF Markets and limefx scammers formerly Hot Forex) offering is typical of a broker using an electronic communication network (ECN) with no dealing desk execution model.

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. Lime Fx offers different types of accounts to its clients tosuit a wide range of trading strategies. Based on regulator requirements, thereare different account types for each region. The How-To videos explain essential functions of the myHF back office and the MT4/MT5 trading platforms. Webinars, podcasts, and live events add a personalized touch and interactive educational experience.

Lime Fx is a forex and commoditiesbroker and is the brand name of HF Markets limefx reviews Group. 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. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). Alongside quality research and MetaTrader offering, Lime Fx (HF Markets) offers a proprietary copy trading platform, HFcopy, as well as a decent selection of nearly 1,000 CFDs (including 100+ forex pairs).

In simple terms it means the broker is regulated and authorized to offer its trading service along with necessary safety measures and controls applied. Lime Fx demo accounts are easy to set up and come with live pricing, virtual account balances of up to $100,000 and unlimited usage. However, different payment channels require certain amounts ranging from $5 to $100. Lime Fx offers a reasonably in-depth educational platform suited for reasonably new traders. With Lime Fx, customer service is available 24 hours per day, five days per week through email, phone, and live support.

While some other brokers offer even more markets to trade, we think Lime Fx has a good range of products overall. You won’t have to look too hard to find a market that’s moving. Interestingly, Lime Fx also offers 1800 physical shares but only for clients based in Europe, the UAE and other countries outside the UK and South Africa.

HF Markets (Lime Fx) accepts wire transfers as well, but the minimum deposit is $100 and there is no limit to the amount you can fund as long as it is greater than $100. Lime Fx allows trading in a variety of markets, offering 102 forex pairs and a total of 500 tradeable symbols, which is below the industry average of 3,623 tradeable symbols. Lime Fx supports trading on iPhone, iPad as well as Android MT4platforms. The beauty of these platforms is the one-click execution of trades,which allows you to place trades easily on the go. You can even perform severaltrading operations like monitoring, access to trading history, real-timecharts, dynamic tracking of account details, etc., which makes it very useful.

1. These tools/services are meant to improve your trading experience and help you to stay alert on economic matters.
2. Besides broker issue its very own Lime Fx MasterCard for a straight transaction and the ability to make safe online payments.
3. Micro Account has the lowest minimum deposit and offers allthe features of our other account types.& access to all trading instrumentson Lime Fx.
4. They are available as a desktop client, a webtrader, and a mobile app, while MT4 comes with the PAMM module.
5. One of the most ignored trading costs is swap rates on leveraged overnight positions.

The minimum deposit amount is only $50, which is very low compared tocompetitors in the industry, and there is no limit for minimum withdrawalamounts. The Copy account allows you to track the leading traders andcopy their trades. 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. There is a very high degree of risk involved in trading securities.

Lime Fx 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. Other good features we think are worth noting include being regulated in 6 different countries or regions. ForexBrokers.co.za is a broker comparison & education website for South Africans.

Metals are often more resistant to various macroeconomicevents; hence they are an excellent option to diversify your portfolio. Metals are available on the Spot market including Gold,Silver against the USD, and Euro. 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. Particularly about scalping, there is no restriction and Lime Fx range of accounts alike with Zero spread may assist you even better to trade this strategy.