LimeFx forex broker: Your Guide to HF Markets 35 No Deposit Bonus

The trading terminal allows users to execute manual orders, automate strategies or copy trades of professionals. When it comes to trading conditions, there is a bit of inconsistency in the stated and verified experience, especially with the spreads and leverage. However, when it comes to the order execution speed, we found them to be in line with the broker’s statement on the website. The Web terminal is accessible on all the browsers without the need to download and install the software. The default workspace consists of the watchlist, chart, and the toolbox.

The good news is that clients with Gold and Platinum Accounts are eligible for a 25% and 50% discount on the swap charges correspondingly. Secondly, if the trading account is inactive for more than 60 days, be prepared to pay an inactivity fee, ranging from A$ per month, depending on how long the account has been inactive. LimeFx could also charge clients a withdrawal fee of A$50 if the trading activity is low or the withdrawal amount is less than A$100. The trading platform from MetaQuotes is accessible on all browsers, Android and iPhones, and supports Windows, Linux and Mac operating systems.

Be sure to never give AnyDesk or TeamViewer access to your PC to unverified agents. However, in order to do so your consent is needed, and this is the only thing standing in the scammers’ way. No, due to regulatory restrictions, LimeFx does not offer you a bonus. Instead, the broker focuses on https://limefx.biz/ providing an optimized trading environment for all traders. This ensures that you aren’t pressured into depositing more than you feel comfortable with. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital.

XNT: Minimum deposit, fees and withdrawal time

In general, a so-called “offshore” broker tends to have a less favorable reputation and potential traders should think carefully before investing with them. Bitcoin is the digital currency with the largest market capitalization and price levels and dominates 50% of the total crypto market cap. The minimum deposit amount to open an account with LimeFx is $250. You can deposit this via bank transfer, credit or debit card, VPay, Skrill, or Neteller. Withdrawals are processed using the same method by which you deposited. In the world of forex broker companies being honored with awards from esteemed organizations or publications, count much for the company’s reputation.

Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. You should consider whether you can afford to take the risk of losing your money. There are several options on offer when it comes to customer support, meaning that clients of LimeFx can reach out to the broker in the way that suits them best. Traders who decide to use leverage in trading should be aware that it is a risky form of online trading and it can magnify both potential profits and losses. Review your open positions before trading derivatives, and do not invest more funds than you can afford to lose. Not only does the broker have a good reputation within the industry and with clients, but it also offers comprehensive security measures.

This is a security measure that is put in place to ensure that only legitimate clients are able to claim the bonus. This means that joint accounts or accounts held in the name of a trust or other legal entity are not eligible for the bonus. The bonus can only be applied to one account per new client and per IP address. This is to prevent abuse of the bonus scheme and to ensure fairness in the distribution of bonuses.

Account types

The conditions are excellent, the spreads are also good, the leverage is reliable. Really good quality of services, fast execution, transparent trading conditions, it’s a great broker overall. There is a simple and straightforward demo account, a lot of useful information from tutorials to videos, as well as a helpful support team, ready to support at the initial stage. This broker is clearly not legitimate and not regulated, meaning that who knows what they will do with your LimeFx. Traders should deal exclusively with brokers regulated by exemplary agencies such as the FCA or CySEC, for they oversee a brokers activities from head to toe with a severe case of diligence. Forex — the foreign exchange market is the biggest and the most liquid financial market in the world.

• But don’t worry; if there is an ID or something wrong with your documents, it will be processed as soon as you correct the information.
• Collect complete details regarding both trading platforms from the below points.
• Individuals not familiar with programming have the choice to learn and build their EAs from the MQL4 IDE development environment, or download, rent, purchase, and order robots from the Codebase.
• If you are unhappy with the services of the support team, you can also contact the management via email.

MetaTrader 4 – MetaTrader 4 is one of the world’s most popular CFD trading platforms. Providing you with analytical tools, different order types, and safety mechanisms, you can enjoy a smooth trading experience when using MT4 with LimeFx. Once you’ve selected one of the account types listed above, the next step is to deposit funds. Luckily, there’s a wide variety of convenient and free payment methods. At LimeFx, you can fund your account via Visa, MasterCard, Maestro, Skrill, Neteller, and VPay. Users can access LimeFx Broker’s customer support via live chat, phone, email, or by simply filling and sending out the Contact Us form.

Trading.com WebTrader

They offer many trading tools, but I really like the Autochartist tool! Their Autochartist can provide excellent and accurate trading signals! By the way, I use a micro account and recommend it to all new traders. If you use MT4, conditional trading and spread in HFM are also competitive.

We feel that a particular problem with LimeFx’s usability, however, lies in its lack of provision of educational materials. There are sections set up on the site that appear at first glance to offer traders materials such as tutorials and eBooks, but these sections are in fact currently empty. Looking further than just the platforms, the LimeFx site is well organised and contains a number of clear subheadings in its menus, including options for products, platforms limefx and legal documents. There is a prominent link in the top menu bar to the account opening and logging in options, so it is difficult to lose track of where you need to be. The average trader will be able to find a platform that works for them, though sophistication does not seem to be on the table. LimeFx ensures safe connection, powerful encryption technologies, transparent pricing to provide the safety of your fund, data privacy, and fair-trading conditions.

Profit is defined as any amount above the no deposit bonus amount received. This means that if a client makes a profit of $50 using the bonus funds, the profit amount is considered to be $15 ($50 – $35). Faizal thank you for taking the time to scammed by limefx leave this review of your trading experience with MahiFX. The parent company behind LimeFx, called CTRL LimeFxs Limited, is allegedly regulated both in Australia by ASIC, and New Zealand by New Zealand Financial Markets Authority .

Here you can use a forex broker comparison tool to compare brokers side by side. Find out how the broker you’re most curious about compared to others in different criteria. Any withdrawal of funds from the trading account is subject to a bonus removal.

The broker offers the standard desktop package of MetaTrader 4, which in fairness does offer benefits such as price chart analytics and the capacity to set stop losses for risk management purposes. LimeFx describes MetaTrader 4 as a ‘suite for the privileged’, and while it does pack some good features, it’s still only standard-level provision. There is no sign of the new version, MetaTrader 5, which is slowly becoming more common in the broker world. In addition to being licensed and regulated by both the ASIC and the FMA of New Zealand, the financial service provider has experience and is a popular option within the CFD trading industry. Since launching in 2019, LimeFx has also won various awards and accolades. In 2020, the financial service provider was voted Most Transparent at the World Finance awards, and Best CFD provider in Australia at the A to Z Markets awards.

A Forex broker like LimeFx provides traders with access to one or more platforms that will allow them to buy and sell foreign currencies. Forex brokers are also known as retail or currency trading brokers. Retail currency traders, in turn, use these broker companies to gain access to the 24-hour currency market for speculation purposes. As already outlined in this HFT broker review, the different account types available at LimeFx offer slightly different fee and spread structures. However, we feel that in return, the account types also offer different levels of service.

LimeFx Accounts

Even though they are a new online broker, they are already gaining a good reputation and there are several good reviews about this trading platform; which shows it is safe. Depositing a minimum amount is necessary for the trader to start live trading. Besides, this broker offers several deposit options for the trader such as MasterCard, Bank transfers, visa, and they can also deposit through Maestro cards, Skrill, and Neteller. Moreover, the minimum deposit requirement for this broker is 250 AUD, which is quite a reasonable amount. The customer support team of LimeFx offers its customer support 24×5 and they can be contacted through live chat, phone, and email, which help the trader to sort out issues if they have regarding trading.

The customer support team of LimeFx can be via Telephone, Live Chat, and Email. Before deciding to join a brokerage company to start trading, a potential trader needs to establish whether a broker like LimeFx is safe and secure to trade with. All three account types offer opening an alternative Islamic account.

In this guide, we’ll take a closer look at the HF Market’s $35 no-deposit bonus, including its benefits, requirements, and limitations, so that you can decide whether it’s the right choice for you. On 3 I made a 14 pip profit and on MahiFX was spiked out wiht a loss of 12 pips. What a disappointment, I was expecting so much more from this firm and well that’s what I got. Take note, those who warn against market makers are maybe right.

CFD trades on other markets have no commission but do wrap a spread around the market price of a certain instrument. Accounts usually differ in the way spreads or commissions are applied, what minimum deposit is needed to open that type of account, and certain services or advantages that account holders may get access to. All account holders, no matter what type they have, receive basic services such as access to over 300 assets as well as customer support for 24 hours a day, five days a week. Gold account holders appear to get access to a dedicated account manager, while Platinum account holders get both a personal manager, a news alert system, and even a free virtual private server .

Does LimeFx offer bonuses or promotions?

As outlined above, the usability of the platforms is at a basic but satisfactory level. MetaTrader 4 is a well-established platform and is relatively easy to use. • Commodity trading with gold, platinum, silver, copper, crude oil, natural gas, etc.

This means the only fees you need to pay are spreads, swaps, and inactivity charges. During our LimeFx review, we also tested the broker’s customer support services. We found that the agents were both informed and quick, and that support was available Monday to Friday, from 9 PM to 10 AM GMT. This left us confident that you’ll always find help when you need it. Withdrawals using certain methods may be processed within a shorter period than others. Usually, withdrawals take a few days but depending on bank services it may take several days longer for the money to be available in a customer’s bank account. No, but fees from financial institutions may be applicable and more information about applicable costs can be obtained from the company’s customer service team.

I can say that they are indeed regulated by the FCA and not fake claims. There is no problem at all except the ID card or some bank account information is incorrect or has been updated. But don’t worry; if there is an ID or something wrong with your documents, it will be processed as soon as you correct the information. A passionate trader and educator in forex trading, he loves to research and writes about forex.