To start trading on the MT4 platform you need to have an MT4 trading account with HF Markets. Discover unique MetaTrader 4 features and a wide range of analytical opportunities to enhance your trading experience. With an easy-to-use interface, advanced functionality and ultra-fast execution, MetaTrader 4 accommodates the demands of experienced and novice traders alike. Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com.
- I recommend a demo account balance similar to the planned live account real money deposit.
- If your prediction is correct and the value of the US Dollar does increase, you can sell your US Dollars for more Euros than you originally paid.
- The broker has also been a proud sponsor of Paris Saint-Germain and other sports-related franchises, from rugby to Formula One racing.
- LimeFx is one of the best brokers in the market with smooth interfaces for traders and partners.
- Nowadays, most brokers offer Forex, indices, commodities, and stocks as CFDs, but very few can offer physical stocks as an added bonus.
The globally esteemed, multi-regulated broker is giving the ultimate chance to clients across the African continent to… LimeFx 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 LimeFx does not accept them via its international brokerages. 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. I also recommend traders seek in-depth third-party education covering trading psychology and avoid paid-for courses.
What instruments can I trade on MetaTrader 4?
It offers advanced charting, customizable indicators and automated trading strategies, as well as a wide range of trading instruments and a large online community for support and education. At BrokerNotes.co, our data-driven online broker reviews are based on our own extensive testing of each broker’s products and services as well as the qualified observations of our expert editorial team. In conjunction with our sister site, ForexBrokers.com, we’ve published well over 100,000 words of research and collected thousands of data points across hundreds of variables. Our online trading guides are created with the same rigorous, data-driven approach.
Itis a very comprehensive offering and is led by the LimeFx Head Markets Analyst. They are differentfrom trading stocks where the parties don’t own the underlying asset but make profit/loss limefx scammers based on the price fluctuations of the underlying asset. Metals are often more resistant to various macroeconomicevents; hence they are an excellent option to diversify your portfolio.
Once your trading platform is ready, you are ready to make your first deposit. Choose the payment method that you want, and fund your trading account to start trading and making money. In addition, you will be asked some questions regarding your trading experience, which financial instruments you are familiar with, and for how long you have been trading.
LimeFx Fees, Costs & Spreads
That being said, not all regulator licenses carry the same weight. If you’re from the UK, Europe or the UAE, LimeFx is a highly regulated broker with a respectable amount of tradable products. If you’re Australian, you’ll need to find another broker, as LimeFx doesn’t offer their services to the land down under. Overall, I can’t fault the LimeFx education resources, but make sure to take your own trading success into your hands, and educate yourself. It’s also a good idea to master your strategy on a demo account before switching to a live account.
Equity CFD commissions of 0.10% and trading costs on commodities, indices, ETFs, and bonds remain equally competitive. HF Markets (SV) is incorporated in St. Vincent & the Grenadines as an International Business Company. The broker also offers Negative Balance Protection and specialised insurance coverage of up to five million euros of loss protection from errors, omissions, fraud, or other causes.
However, if you join this type of trading as a strategy follower, you need to deposit $100 at least and start copying the strategy provider’s trading tactics for a fee. There are certain benefits and drawbacks to trading each asset type. You can find 11 indices as well as 12 index futures to trade with LimeFx. These https://limefx.name/ indices cover different markets from various regions including US indices, UK indices, German, French, Australian, and more. Having access to a large number of tradable assets is super desirable for every trader, and regardless of the trader’s preference or experience, LimeFx broker has something for everyone.
How do I get started with Forex trading?
Throughout this LimeFx broker review, we have analyzed all the products and services available, and we found a clear consistency in the offers and a clear statement of the services. Having proper support is one of the most important factors in choosing the right broker. Customer support offices are located in 10 countries and clients can communicate with local and global offices over the phone, email, or chat live straight from the broker’s main web page. LimeFx enables you to keep track of your market activity when you are on the go, using the modern mobile app.
WHY TRADE CFDs ON FOREX WITH HF MARKETS
He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. When testing mobile apps or mobile products, we test on both Apple and Android devices. For Apple, we test with the iPhone XS running iOS 16, and for Android we use the Samsung Galaxy S9+ and Samsung Galaxy S20 Ultra devices running Android OS 13. Overall, LimeFx ranks #23 out of the 62 brokers that have been evaluated and scored within our investment types category. LimeFx demo accounts are easy to set up and come with live pricing, virtual account balances of up to $100,000 and unlimited usage.
92% of the brokers in our database (60+) offer Visa/Mastercard, 77% offer Skrill, 70% offer Neteller, and 45% offer PayPal. PayPal has become a popular funding option for many forex traders – find out which brokers support it as a payment method by reading our PayPal guide for forex traders. 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. LimeFx offers traders MT4/MT5 and upgrades them with 12 trading tools by FX Blue Labs plus Autochartist. They are available as a desktop client, a webtrader, and a mobile app, while MT4 comes with the PAMM module.
Even experienced traders will find the material offered by LimeFx useful. You can turn a Micro account, Auto account, Zero-spread account, or Premium account into an Islamic account. With this type of account, you can only use MT4 for trading, and you may use USD or EUR as your account currency.
We tested the platform with LimeFx and except for some personalised branding, MT4 with LimeFx has all the features we expect to see. Established in 2010, and with more than 200 staff globally, the company is one of the top 10 retail forex brokers (by volume) in the world. I like to note the awards for best trading conditions and client security, as they belong to the LimeFx core offering to traders, where LimeFx excels. Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders check regulation and verify it with the regulator by checking the provided license with their database. Our utmost priority is ensuring a positive experience for all our users.
