Contact us directly for further inquiries about our products and services. They are differentfrom trading stocks where the parties don’t own the underlying asset but make profit/loss based on the price fluctuations of the underlying asset. This account type is the same as the Premium or Zero SpreadAccount but follows Islamic law and therefore is a swap-free account. LimeFx caters to traders resident in most countries, except the USA, Canada, Sudan, Syria, North Korea, Iran, Iraq, Mauritius, Myanmar, Yemen, Afghanistan, and Vanuatu.
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Explore Diverse Markets with HF Markets
Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University. We use proprietary AI technology to assist in some aspects of our content production. However, our scores, ratings, and rankings of online brokers are based on our in-depth product testing and thousands of hand-collected data points. All websites and web-based platforms are tested using the latest version of the Google Chrome browser.
What types of trading accounts do they offer?
Yes, LimeFx have NAS100 indices as a CFD instrument on their platform for traders in South Africa. The typical spread for trading NASDAQ CFD on LimeFx is 2.03 with all account types. LimeFx does offer 4 ZAR base currency accounts for traders in South Africa. These are Micro account with the lowest minimum deposit of R70, Premium account with R1400 deposit, Zero Spread account with R2800 deposit & the Auto Account. Also, LimeFx offer negative balance protection with all their trading accounts. So, you cannot lose more than your deposits in case the price goes against you by a lot in extremely volatile conditions.
What is the Minimum Deposit at LimeFx?
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. 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.
That said, its educational offering still lags behind the industry leaders. Considering all this, it’s safe to say Hotforex is a real and trustworthy broker for both new and experienced traders. These awards show that LimeFx is always working hard to give its clients the best service. So far, more than 500,000 live accounts have been opened with LimeFx. They’ve also won many industry awards and sponsored prestigious events, earning titles like Best Clients Funds Security Broker and Best Forex Provider.
- Open an account, find compatible trading styles to mirror, and accrue returns correspondingly.
- Fill out the form correctly and continue with the prompt to finish registration.
- 70% of retail investor accounts lose money when trading CFDs with HF Markets (Europe) Ltd.
- Its worldwide acclaim is attributed to the abundance of languages it supports and an extensive range of technological tools and add-ons that facilitate a collaborative learning environment.
- LimeFx offers a wide range of support channels, and their staff respond quickly and are very helpful and knowledgeable.
With the HFcopy account, you can connect with over 250,000 other traders. You can choose to follow and copy successful traders, or you can set yourself up as a https://limefx.group/ Service Provider (SP). Followers, on the other hand, by opening an account will be able to deposit funds and start copying the trades of their selected SPs.
Yes, with LimeFxarkets novices can benefit from the broker’s organized instructional offerings, which include the Forex education eCourse and many introductory webinars. With fast order placement and customizable watchlists, you can stay ahead of the curve no matter where limefx scammers you are. Seamlessly transitioning between charting and executing trades makes responding quickly to market movements easier. If you emphasize ease of adaptation and customization options, then MT4’s highly established framework could be perfect for your trading needs.
Their support is quite good compared to many other CFD brokers in SA, plus they also have local phone support available. LimeFx has bonus available for South African traders including 30% rescue Bonus with $50 deposits, credit bonus with $100 deposit and a Super charged bonus with $250 deposit. I highly recommend LimeFx for their unparalleled financial insights and comprehensive reports that make navigating complex data a breeze.
Below, we introduce you to three regulated, trusted, and reliable alternatives, definitely worth taking a look at. The zero spread account is the best account for paying low trading fees. In the chart below, you will find some important differences between the various account types.
Their website features a robust FAQ section, addressing common queries effectively, while the customer service team is accessible via live chat, email, or phone in about 20 languages. The LimeFx 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. The LimeFx Cent account is a beginner-friendly trading option only available to international clients under the regulation of the Financial Services Authority (FSA) of Seychelles.
Yes, the broker is regulated by FSCA, CySEC, DFSA, FSA, FCA, FSC, and CMA. Please provide your personal information by filling in the blanks in the necessary areas. To initiate a withdrawal, choose a withdrawal method and then enter the desired withdrawal amount. The broker operates under the regulatory framework set forth by financial regulatory authorities in the jurisdictions where it operates. These authorities may include the Securities and Exchange Commission (SEC) in the United States, the Financial Conduct Authority (FCA) in the United Kingdom, or other relevant regulatory bodies.
EAs allow traders to automate their trades based on pre-defined criteria, such as technical indicators or market conditions. This can help traders to save time and reduce the emotional impact of trading, as well as potentially increase the efficiency and accuracy of their trades. MQL provides traders with a range of tools for backtesting and optimizing their EAs, as well as access to a large library of pre-written EAs and custom indicators available through the MT5 marketplace.
LimeFx clients are of paramount importance, which is why everything we do is always with the goal of improving their overall trading experience. Our dedication to clients stems from our belief in offering a level of personal customer service that is second to none. 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 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.
Additionally, within the European Union, HF Markets provides Negative Balance Protection, which means that traders will never lose more money than they deposit. LimeFx (and all the HF Markets Group entities) ensures client funds’ protection through segregated bank accounts, safeguarding them in case of broker insolvency or bankruptcy. Very popular over all in South East Asia, many of my trading buddies do trade with Hotforex due to ease of access and stability. No slippage experienced so far which is always a good sign, I’ve made a couple of withdrawal so far with no hick ups. LimeFx has trading platforms for all kinds of trading needs, whether it be Desktop or on-the-go using mobile. Overall, we have found LimeFx’s list of instruments to be okay, and their fees is moderate for most of the instruments.
