However, Lime Fx will cover these commissions if you deposit more than those amounts. Lime Fx is a trusted and global brokerage firm for online Forex and CFD trading established in 2010, and since then it has garnered a trustworthy reputation in the industry, making it a popular choice globally. It is primarily a CFD broker and applies overnight fees, which are not favourable for long-term investment strategies. Although email support responded in approximately 24 hours, it usually provided thorough, well-organized responses with links to other resources. Even during peak hours, the phone support service—available in several languages—connected us with a person in three to five minutes.

• However, the payments we receive can influence the products, companies, or services we highlight and evaluate.
• In Summary, Lime Fx has established itself as a reputable broker in the financial markets, offering a wide range of services tailored to meet the needs of both novice and professional traders.
• For all assets other than forex, gold, and cryptocurrencies, the rollover includes an internal interest fee.
• However, Lime Fx will cover these commissions if you deposit more than those amounts.

About this app

Considering this, the company offers customer support through several methods. We must warn you, that 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 team at CompareForexBrokers have long liked the ultra-intuitive, feature-rich experience that allows you to quickly analyse markets and enter and exit trades with a few mouse clicks.

Overall, Lime Fx’s platform selection ranks good, with a rating of 4.2/5, for industry popular software offered making it suitable for various trading styles and strategies. However, for alternative and specialized platforms like TradingView or cTrader Lime Fx is not an option since Broker does not provide these software. Standing on a strong background and with multiple regulations, Lime Fx Group provides Financial Stability and consistency, ensuring adherence to rigorous financial standards.

Lime Fx Pros and Cons

This policy covers every aspect of trading, from the speed of execution to maximum and minimum lot sizes. Lime Fx offers a wide range of payment options, including all major credit and debit cards, wire transfers, Skrill, Neteller, and Bitcoin (some country restrictions may apply). The company had to rebrand because it felt the old name (Hotforex) did not depict the full range of services that the broker offers. The broker provides over 1,200 products in 9 asset classes and having “forex” in their name was no longer a proper reflection of the award-winning trading experience they offer.

For trading styles APIs, Expert Advisors (EAs), automated trading, and no restriction on trading strategies offering flexibility. Overall, Lime Fx’s MT5 platform is a choice for robust tools mixed with a flawless trading experience to accommodate various trading styles and preferences. A web trading platform available from Lime Fx gives traders a convenient interface. Testing the Lime Fx online platform reveals simple layout makes it easier to navigate for beginning and expert traders. Platform improves the trading experience by allowing flawless trade execution, account monitoring, and access to real-time market data.

It is a popular international forex broker among traders who want to actively adopt new trading methods such as Expert Advisors (EA) and copy trading. When selecting between the two platforms it is important to note that you may not have access to all instruments offered by Lime Fx, depending on which platform you choose. MT4 was built for forex trading, while MT5 will is more focused on futures, stocks, and CFDs. Lime Fx offers very competitive trading costs, as well as low non-trading costs.

• The Pro Account offers ultra-low spreads starting from 0.5 pips, swap-free options, no commissions, and high leverage.
• Lime Fx’s MetaTrader 5 platform combines next-generation technology with powerful trading tools, making it ideal for traders seeking advanced functionality.
• Yes, Lime Fx’s Live Chat offers immediate support for trading issues or account queries, allowing users to resolve problems efficiently without delay.
• Should your account remain unused for between six months and one year, a $5 fee is charged.
• Most deposits are instant or within 10 minutes, and the broker charges no deposit fees regardless of the method or amount used.

Best Forex Brokers

Lime Fx (formerly known as HotForex) has established itself as a prominent player in the online trading arena. This comprehensive review dives deep into Lime Fx’s offerings, exploring its advantages, potential drawbacks, and how it compares to the competition. Being able to explore a lot of options and instruments on the platform, quality and quick customer care services really stands out, well done… Honestly one of the firm with the best plans, low spreed, fast withdrawal with no stress. Lime Fx have the most friendly, effective and efficient customer service that is ready to resolve your trading/account issues if it arises. Lime Fx is a great platform with various account plans atune to meet budget for retial traders.

Forex spreads start from 0 pips and there’s limefx review a $6/lot round turn commission. Lime Fx provides extra tools to improve customers’ trading experience offering some extra features that stand out proposal from other Brokers in comparison. Autochartist and Trader’s Board for comprehensive analysis, as well as additional Premium Trading Tools.

Hotforex (Lime Fx) Account Types

With daily payouts, no earning limits, and tiered commission structures, it’s a top-tier opportunity for sustained affiliate income in the trading space. Fill in all the required fields in your account profile to proceed with the registration process. No, Lime Fx does not operate in certain restricted regions, including the U.S., Canada, North Korea, Iran, Syria, and Sudan.

Mobile Trading Apps

The Lime Fx Premium account includes a choice of base currencies – USD, EUR, PLN, NGN, JPY – varying according to the trader’s location and the broker’s entity. The Premium account still maintains an accessible entry point with a minimum deposit of $0. Traders using the Lime Fx Zero account can choose between the MT4 and MT5 trading platforms.

Since your funds are kept in segregated bank accounts, you can safely withdraw your money whenever you want. In order to ensure a smoother withdrawal process, which can make it faster to some extent, make sure your KYC information on Lime Fx (i.e. your personal information provided) is up to date. For CFD trading, Lime Fx offers a wide range of assets and has been recognized for its excellent trading conditions. In both cases, you will get access to myLime Fx client area where you can manage all your accounts and finances. Support from all sources was consistently good, with professional and kind agents patiently resolving questions.

The firm provides several promotional programs and bonuses to attract new clients and reward existing ones. HF Markets offers a diverse range of trading instruments across various asset classes. Lime Fx imposes limited non-trading fees, focusing mainly on account inactivity and currency conversions. Clients are not charged for deposits or withdrawals, regardless of the method used. According to the data provided on the broker’s official website, there is a swap-free tradingoption available for select trading accounts and instruments.

With several options for deposits and withdrawals, and low minimum amounts, HF Markets scores high in this category. In terms of transferring your funds from your bank account into your Lime Fx account, there are several options (some are better than others). The broker also offers negative balance protection, which protects you against going into debt in times of a losing trading position. MT5 like MT4 is another platform that is commonly available with Forex brokers and one we are very familiar with.

A HFCopy account is a copy trading account, which allows you to sign up as either a strategy provider or a follower. This account allows you to use the HFCopy app which uses the MQL5 MetaTrader Signal network for social trading. We collected data from the websites of 50 different brokers so we think this sample size provides a fair base to calculate industry averages. This broad footprint enables Lime Fx to deliver regionally tailored customer service and support across numerous jurisdictions. This allows affiliates to access their earnings quickly and manage cash flow efficiently, without needing to wait for monthly or weekly payment cycles. Simply download the Lime Fx App from the App Store or Google Play, register with a myHF account, and open a Live or Demo account.

In addition, these options ensure that clients can easily get in touch with the support team for assistance with any questions or issues. All three platforms offer access to a broad range of CFDs across forex, stocks, indices, commodities, and more. MT5 supports the largest instrument selection, while MT4 and the Lime Fx Platform provide excellent access with seamless execution. The Lime Fx demo account closely simulates real trading conditions, making practice highly authentic.

Additionally, the Pro account is available as an Islamic swap-free option. The Lime Fx Cent account is a beginner-friendly trading option only available to international clients under the regulation of the Financial Services Authority (FSA) of Seychelles. Cent account is ideal for those moving from a demo to a real trading environment.

Client funds are segregated, and held by major global banks, https://limefx.group/ in compliance with the regulations of government authorities. Generally speaking, we think the only real reasons to stick with MT4 are if you are already comfortable with MT4 or if you desire to use EAs built for MT4 since MT5 uses a different programming language). If you wish to automate your trading or build your custom indicators, MT4 allows you to build Expert Advisors (EAs) to do these. Being able to code is an advantage for building these EAs but if not, we found you can find many free or paid ones in the MT4 marketplace.

Ranging from high-stakes contests and refer-a-friend cash bonuses to loyalty rewards and demo competitions, Lime Fx consistently rewards client engagement and performance across all levels. Lime Fx complies with regulations across multiple jurisdictions, setting itself apart in online trading. Its strong commitment to security, fund protection, and transparency thus provides traders with peace of mind and builds genuine trust in the broker’s reliability.

They offer a variety of educational resources and account types to suit different experience levels and trading styles. Lime Fx positions itself as a competitive player in the market, offering a compelling proposition to traders. Lime Fx is a forex and commodities broker that offers trading services to both retail and institutional clients worldwide.

Since its establishment, Lime Fx has grown rapidly, earning the trust of traders worldwide. This article delves into the key aspects of Lime Fx, including its foundation, global presence, regulatory environment, client protection measures, trading platforms, and more. Lime Fx caters to a diverse clientele, from complete beginners venturing into forex trading for the first time to seasoned veterans seeking a robust platform and competitive spreads.

The coverage details are often specified in client agreements and can vary depending on the region and regulatory requirements. If you want an outstanding trading experience, sign up with this highly recommended and trusted forex broker today. The only major drawback is that the broker does not offer synthetic indices offered by Deriv.