A commission charge of USD 0.1% is applied with MT4 while it is 0.01 USD or 0.02 EUR per deal with MT5. Some brokers like LimeFx, IG, and TMGM allow you to choose from 1000s of global shares so LimeFx might not be the best choice if you like trading and require a variety of shares CFDs. Should shares CFD shares be your preferred trading instrument, LimeFx offers a total of 96 shares to choose from with MT4 and 846 with MT5.
HF Markets deposit: minimum, payment methods and fees (
Traders can view theirtrading activity and analyse using advanced analytical tools and charts attheir disposal. LimeFx has added the new and updated version of MT5 boastsstate-of-the-art features including options for hedging, while MT4 is slightlyless advanced and more suited to traders who are new to the markets. LimeFx Demo account is designed to closely resemble the Liveaccount, thereby offering a seamless transition to the Live account for anybodynew and testing the market before putting in their real money. The demo platform willhave $100,000 virtual money when you open the account, where you can check yourtrading strategies under close to actual market conditions. LimeFx Minimum Deposit amount required to register a live trading account will range between USD 0 and USD 250. LimeFx does not charge any deposit fees – but traders may be subjected to transaction and processing fees by their chosen banking institution.
Account Opening Options
The Swap Calculator helps you determine the interest you will pay or earn for any CFD position held open overnight, credited or debited directly to your trades and reflected in your account balance. This calculator helps traders to plan what portion of their positions should be closed at certain target levels in order to gain the best possible Return to Risk Ratio. Easily calculate your lot size by specifying the amount (percentage of your balance) that you are prepared to risk, the opening and stop loss price, account currency and currency pair. We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence.
Trading Platforms
Help our agents identify you so they can offer more personalized support. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004. Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates. He has a Masters and Commerce degree and has an active role in the fintech community. He has also published a book in 2023 on on investing and trading. 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.
How does the LimeFx minimum deposit compare with other major brokers?
If you’re Australian, you’ll need to find another broker, as LimeFx doesn’t offer their services to the land down under. As an aside, while we haven’t physically tested the spreads ourselves with HF Markets, we have tested RAW spreads with other brokers like Pepperstone, IC Markets, and Fusion https://limefx.biz/ Markets. Our results are really interesting and overall we can say there are brokers with spreads that are lower (at least according to our results). We collected data from the websites of 50 different brokers so we think this sample size provides a fair base to calculate industry averages.
LimeFx offers demo accounts across the MT4, MT5 and Webtrader platforms and for most of its trading account types. ➡️ Aside from great deposit method options, there is a specified minimum deposit amount that is determined by the payment method chosen. Traders limefx forex broker will typically be allowed to top up their live trading account from $5. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs.
We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. LimeFx positions itself as a competitive player in the market, offering a compelling proposition to traders. Aside from great deposit method options, there is a specified minimum deposit amount that is determined by the payment method chosen. Traders will typically be allowed to top-up their live trading account from $5. Formerly known as Hot Forex, LimeFx (HF Markets) is a forex and CFD broker that’s a good match for beginner to intermediate traders. Most features on offer are quite generic for typical no-dealing desk brokers.
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. Next up, I was offered a top-up bonus, which is an incentive from LimeFx to deposit funds into the account. The bonus works by giving me some extra capital when I deposit, and I’m then required to turn over enough volume before I can withdraw it. While some other brokers offer even more markets to trade, we think LimeFx has a good range of products overall.
- The AUD/JPY pair sees a spread of 2.8 for LimeFx, while the industry average is 2.31.
- Between 74-89% of retail investor accounts lose money when trading CFDs.
- Neither have Int’l Stock Trading (Non CFD), Cryptocurrency (Physical) and Spread Betting.
- LimeFx offers two interesting types of accounts which differ from the traditional trader and retail investor accounts.
- Itis a very comprehensive offering and is led by the LimeFx Head Markets Analyst.
- By its wish to give everyone a chance to trade, LimeFx has become the cheapest choice for those who want to learn how to trade and those who are looking for flexibility in their trading.
➡️ Investors can now select the currency and amount that they wish to deposit. ➡️ Enter the personal information required and log in to the user account. Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.
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. Bank wire transfer deposits will take between five to seven days to reflect in the trading account, while all other methods (Credit/Debit Card and Skrill) will take up to 10 minutes. 👉 Overall, LimeFx is very competitive in terms of its trading fees and spreads.
LimeFx has also taken out civil liability insurance up to €5,000,000, to protect client funds against broker error, negligence, fraud, and other risks. This can be a good option if you have a very promising strategy, or if you’re able to find another trader whose strategy you’d like to follow. The payment options available will include Credit/Debit Cards, Bank Transfers, and alternative options. Protection of Payment and Data Security HF Markets (Europe) Ltd t/a HF Markets does not receive and/or store any personal credit card or payment details. All transactions are processed and protected by Level 1 PCI-DSS Certified Independent International Payment Gateways. Calculate four basic Fibonacci support and resistance retracement values at 23.8%, 38.2%, 50% and 61.8%.
Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. LimeFx provides traders with favourable trading conditions thatare considerably better than many other online trading brokerages. Forinstance, traders achieve excellent execution speeds through their premium MT4and WebTrader platforms. Theplatforms come equipped with all the necessary tools and features aprofessional trader needs to trade successfully.
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