The HF Markets Group has won a number of industry awards, including best stock broker, best trading platform broker, and best forex trading app. And I like how easy it is to open a trading account with this company. From the beginning of the account registration process to thr start of trading took very little time.Verification process was also simple. I took photos of my documents and sent them for verification.There were no problems with the documents.
“With the roll-out of our ‘Copy Trading Pro Account’, we are catalyzing a
paradigm shift in our clients’ trading methodologies,” an LimeFx spokesperson
explained. Once you get through, you’re frantically trying to explain the problem to the employee at the other end of the line, but they’re taking their sweet-ass time and seem to not even know what they’re doing. It’s situations like these, where you realise that you want to use a broker with well-trained customer support staff, who will pick up the phone as soon as you call.
Times ticking, and the markets starting to move, but you’re now waiting on hold on your broker’s customer support line. The leverage that LimeFx offers you varies greatly, depending on where you’re located, whether you’re a retail or professional trader, and which products you choose to trade. Interestingly, LimeFx also offer 1800 physical shares but only for clients based in Europe, the UAE and other countries outside the UK and South Africa. There are no commission costs and you can even buy fractional shares from $5
Another way to trade shares CFDs is with indices and ETFs.
- Hundreds of forex brokers start as white label brokers before they operate as individual entities on their own.
- Access our free educational resources to improve your trading skills and strategy.
- According to Kanari, the broker introduced the Japanese yen as a base currency to its portfolio in addition to the Pro Account.
This technology takes published spreads from the brokers website and compares them with other brokers. By trading conditions, the company means trading with leverage, easy withdrawals, the smallest minimum deposits, and the fastest order execution speed. Other good features we think are worth noting include being regulated in 6 different countries or regions.
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. We must warn you, some of the digital wallets have hefty fees and currency conversion spreads. Most traders should be electing to use wire transfers or credit/debit cards to deposit, depending on how much they’re transferring. The broker does not have a minimum deposit requirement to open cent, zero, and premium accounts.
As a strategy provider, you can trade your strategy and earn additional revenue by allowing people to copy your trades. In this LimeFx review, we’re going to take a deep dive into the reality of trading with LimeFx, who should be interested in this broker, and whether the marketing claims stack up in reality. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Trade CFDs on the stocks of global companies and benefit from strong liquidity and reliable execution. Access a wide range of desktop, web and mobile Trading Platforms including the LimeFx platform, MetaTrader 4 and MetaTrader 5. Read our full explanation and accounting of our research and testing process to learn more about how we test.
LimeFx is really a great broker
According to Kanari, the broker introduced the Japanese yen as a base currency to its portfolio in addition to the Pro Account. More significantly, it allowed South African and Kenyan investors to follow signal providers and strategies beyond their countries (regardless of regulation). LimeFx is a
brand that emerged from the rebranding of the FX/CFD broker HotForex, which has
been in the industry since 2010.
It’s also a good idea to master your strategy on a demo account before switching to a live account. 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. If you’ve been around the forex and CFD industry for a while, you’ve probably heard of the occasional dodgy broker running off with client’s funds. If you’re outside of the UK, EU, and UAE, LimeFx offers blisteringly high leverage. If you have an insight on interest rates, or where the bond markets will move, you can trade contracts based on the Bund, Gilt, and U.S.
Zero Spread Account
If you have a brokerage that is just starting, white labelling can provide you with the resources and support that you need until our business is self-sufficient to handle everything. In a highly competitive environment, white label solutions provide startup brokers with the perfect solution to get them off the ground. In the worst cases, a lack of technical support can mean that the broker will face fines and bankruptcy.
It saves a lot of time
Gain Capital is a well-established firm that has more than 18 years of experience in enabling businesses that have complementary product portfolios to expand and grow their offering. B2Broker is a popular and well-established https://limefx.vip/ liquidity and technology provider for both the cryptocurrency and forex exchange industry. B2Broker has recently won an industry award as the best White Label Multi-Asset Liquidity Platform of 2023.
About the Editorial Team
ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. The firm 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.
That’s why it’s super important to check up on a broker’s regulatory situation before even opening an account. When trading with leverage, keep in mind that this involves high risk. The reason for these subdued levels of leverage is the regulatory bodies that govern brokerage firms in the UK, EU, and UAE have strict limits on how much leverage is allowed. The features found in the app are a bit more basic compared to the MT4 and MT5 app and much more basic than the MT4 and MT5 webtrader and desktop versions. It was very easy to set orders to enter and exit the market, as well as place stop-loss orders.
Access our free educational resources to improve your trading skills and strategy. ForexBrokers.com also recognized brokers that demonstrated excellence and innovation with our exclusive Industry Awards. To limefx courses scam see the complete list of Industry Award winners (and to learn more about our Annual Awards from our Director of Online Broker Research, Steven Hatzakis), check out our ForexBrokers.com Annual Awards page.
Yes, based on your detected country of UA, you can open an account with this broker. Help our agents identify you so they can offer more personalized support. We have created a mobile experience specifically tailored to the needs and demands of our traders.
You can choose between the MT4 and MT5 platforms and the LimeFx App to start trading Forex. Forex, short for foreign exchange, is a decentralized global market where currencies are traded. One of the key advantages of forex trading is that it allows individuals and institutions to seize trading opportunities on currency volatility. This is because the value of currencies is constantly changing in response to various economic and geopolitical factors, such as interest rates, inflation, political instability, and natural disasters. In our analysis of 23 international regulators across 62 of the best forex brokers, Interactive Brokers is considered Highly Trusted, with an overall Trust Score of 99 out of 99. HotForex is considered Trusted, with an overall Trust Score of 86 out of 99.