The exact minimum deposit depends on the account type that you choose. It is $100 or R1400 with Premium account & $200 or R2800 with Zero Account. This account is more suitable if you are a day-trader who places a lot of trades, as you get very low spreads (a benchmark figure of 0.3 pips), but you need to pay commission based on the volume of the trade.

We looked into different services and features like safety and regulation, fee structure, account types, trading instruments, trading platforms, etc. The company is pioneering the industry through the integration of cutting-edge technology, innovative forex system solutions, and unrivaled customer service, all while maintaining low-cost commissions. Of course, spreads fees defined by the account type you use, thus Micro Account spread starting from 1 pip and Zero Account obviously offers 0 fee which averages spread from 0.2 pips most often.

LimeFx (HF Markets) Live Trading Accounts

I always recommend that traders check them before evaluating the total trading costs. 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. LimeFx offers significant welcome bonus of up to 100% to all new traders looking to sign up with them.

• Additional features – LimeFx (HF Markets) also provides additional tools and education which help in better trading experience.
• Plus, LimeFx has multi-device MT4 & MT5 platforms, which comes with charting tools for easy Technical analysis.
• Whether you’re just starting, or you’ve been trading for a while, LimeFx is an accomplished broker that offers just about everything you could think of.
• Given MT5 is an updated version of MetaTrader4, with more advanced features and is still receiving new development and support from Metaquotes, we tend to recommend this platform to most traders.

Customer funds that are deposited on their website are secured, as the company is regulated by multiple Top-tier market regulators in multiple regions. Moreover, LimeFx also provides insurance cover in case of any security incidents in terms of client funds. LimeFx withdrawal options including cards, bank transfer by far most used option and various ewallets. And the last point withdrawal fee, which is actually 0$ is amazing news that allows you not to worry about extra fees. However, Wire Transfer may involve some correspondent fees according to your bank and international policies. While trading with LimeFx we founf availabilitty of fixed or floating leverage, which is indeed a very useful tool, especially for traders of smaller size.

You get access to trade all the instruments(Forex, DMA Stock, Commodities, Shares, Bonds, ETF’s, Indices, Metals, and energies ). A broker that is easy to recommend, just made another withdrawal last week and processed with ease, hope the market becomes a bit gentler but over all the broker is doing an awesome job. Moreover, there is a possibility to copy trade or become a professional master to be copied through an advanced PAMM technology designed by LimeFx.

Is Interactive Brokers or LimeFx safer for forex and CFDs trading?

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. All that said, LimeFx do have the most popular traded pairs which is all most traders will need. The broker does not have a minimum deposit requirement to open cent, zero, and premium accounts. Meanwhile, the pro account requires a minimum deposit of USD $100 or a similar amount in another currency.

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. With this in mind, it’s not hard to see why MT4 is popular, finding trading limefx broker reviews opportunities and executing your trades is just really straightforward when using this platform. 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.

The HF Mobile application is a proprietary mobile trading platform for the broker and is also available on both Android and iOS. The platform provides for a good variety of charting tools and capabilities as well as the opportunity to manage your account and trading efficiently. Since the broker is a Metatrader broker, they have the benefit of providing the range of charting tools and indicators offered by the trading platform. If you are interested in copy trading, then this is the account type for you. The minimum deposit here is still $0 for both follower and signal provider. 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.

The upgrades result in a very competitive solution, and LimeFx also developed its proprietary mobile app, HF App. I like the range of products LimeFx provides, starting with the 12-plugin upgrade for MT4/MT5. LimeFx also understands the importance of competitive regulation, leverage, and loyalty programs.

So, with LimeFx you have everything you need to start investing your money. When you deposit more than $50, you can apply for the 30% rescue bonus. This bonus is meant to protect your account from drawdown periods and could go up to $7000. These platforms are standardized in trading because they break down the market’s complexity and make it easier for the user to stay on track. Their service is delivered trustworthy and you should consider trading on this platform. As for the pros and cons, there are a few well-known points to have in mind.

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. 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. 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. Or, you can choose to withdraw to a crypto account, or e-wallet such as Skrill or BitPay for a much quicker withdrawal. Our forex comparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner site.

They offer MetaTrader4 (MT4)and Meta Trader5 (MT5) trading terminals which are as good a platform as any other (maybe the best). Their platform is perfect for forex and futures trading, and is developed https://limefx.vip/ by MetaQuotes Software Company. Opening account with LimeFx South Africa is very simple and does not take much time. You simply need to follow the below steps to open an account with them to start trading.

Apart from that, MT4 Multiterminal provides access to multiple accounts simultaneously. Both MT4 and MT5 have the required technical analysis tools and Expert Advisors options for better trading experiences. LimeFx (HF Markets) also makes an effort to practice Segregation of funds by receiving Client funds into separate bank accounts, separate from the company account. These client accounts are off the records and are not taken into consideration in the balance sheet. Hence it cannot use the Client funds to pay back the creditors, in case of an unlikely event of default of the company. These points provide an added confidence and assurance to the clients to choose LimeFx (HF Markets) as their broker.

Do we recommend LimeFx (HotForex) South Africa?

After creating your LimeFx trading account you can trade using any of the following platforms. Of course, there is a mobile trading platform as well a LimeFx Mobile Application with an option to trade “on the go”. MT4 and MT5 mobile trading are known for its advanced capabilities and interactive charts with almost the same productivity as its full versions. Besides, there are over 30 technical indicators and 24 analytical objects, so mobile capabilities are truly great. What is also great with MetaTrader is its computability with various devices.

This broker is the best

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. A four tier loyalty program rewards active traders with cash rebates and other perks. LimeFx also introduced a Return on Free Margin program, paying up to 3.00% on the available margin, calculated daily, and paid monthly directly into the myHF wallet. I also recommend traders seek in-depth third-party education covering trading psychology and avoid paid-for courses.

A Trusted & Globally Recognized Trading Platform

Lastly, LimeFx also have another in-house developed app but copy trading called HF Copy. Still, we wish they had more 3rd party tools, especially for social trading and automation. Formerly known as Hot Forex, LimeFx (HF Markets) is a forex and CFD broker that’s a good match for beginner to intermediate traders. Our LimeFx (HF Markets) review looks at the key features this Forex broker has to offer.

It’s not just about identifying potential opportunities; it’s about seizing them with precision, strategy, and confidence. So, chart your course in the diverse world of trading with HF Markets and redefine your trading journey. Unleash the world of limitless trading possibilities with the LimeFx App and place the dynamic global markets right within your grasp. Remain ahead of the market curve and execute online trades from anywhere in the world with our innovative app. The LimeFx App is a fusion of simplicity, speed, and comprehensive features, designed to transform your mobile trading experience.