However by the time the broker subtracts the interest on loan he gave you from your swap credit, it may turn to a debit. This is why some traders prefer swap-free so they don’t have to deal with the arithmetic and unexpected debits. Spread on the HF Markets Pro Account starts at 0.6 pip; the account does not charge commission when you trade forex. However, leveraged trades will get a margin call at 50% and a stop out at 20%. The Zero Account offers you access to trade CFDs on Forex, commodities, stocks, ETFs, Bonds, Cryptocurrencies, indices, Energies, and Metals. Because it is designed to minimize risk, you can only trade Forex & Gold CFDs on it.
- With your account verified, you will be ready to make your first deposit through bank wire, credit card, debit card or eWallet.
- The company offers both dealing desk and non-dealing desk trading, depending on the specific account type you choose to open.
- LimeFx Forex broker has dozens of different promotional programs available for both their new registering and existing users.
- These above-listed regulations allow LimeFx broker to establish itself as one of the safest and the most trustworthy brokerage services providers in multiple regions.
Metals are often more resistant to various macroeconomicevents; hence they are an excellent option to diversify your portfolio. Metals are available on the Spot market including Gold,Silver against the USD, and Euro. Withdrawal methods are the same as the deposit methodsexcept that the e-wallets available for withdrawals are limited to Skrill &Neteller. Yes, LimeFx offers a 50% welcome bonus on deposits of at least 50 USD / 5,900 KES in addition to a 100% boosted deposit bonus on all deposits of 250 USD / 29,800 KES. 👉 This is equivalent to 590 Kenyan Shilling (KES), based on the current conversion rate between the US Dollar and the Kenyan Shilling. LimeFx only accepts deposits in the United States Dollar or South African Rand (ZAR).
LimeFx Minimum Deposit – Pros & Cons
Similar trading conditions can be found with the LimeFx pro account, where the cost per trade starts from $6, but by charging spreads from 0,6 pips (which are 40% lower than the industry standard of 1 pip). Additionally, both PAMM account types offer an islamic swap-free option. Traders can utilise MT4, MT5, and the LimeFx App trading platforms https://limefx.vip/ with the LimeFx Top Up account. Additionally, The Top Up account also comes as a swap-free option, accommodating Islamic traders who need to comply with the Shariah Law. The Top Up account supports various base currencies including USD, NGN, ZAR, and JPY, based on the trader’s location, with a minimum deposit requirement of $0.
LimeFx Minimum Deposit VS other brokers
The LimeFx website states that the firm supports 27 different languages, which seems quite impressive, so if English isn’t your chosen language, LimeFx may be a good option for you. When testing out the live chat feature, I found it to be error-prone, and not particularly useful for getting helpful information quickly or efficiently. You’ll need to show your country of residence, as certain countries are only allowed certain accounts. 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. MT4 also comes with 23 drawing tools to help identify support and resistance levels, or trend lines.
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 limefx courses scam think LimeFx has a good range of products overall. Interestingly, LimeFx also offers 1800 physical shares but only for clients based in Europe, the UAE and other countries outside the UK and South Africa.
LimeFx offers upgraded MT4/MT5 trading platforms and its proprietary mobile trading app. With detailed information on withdrawals, deposits, regulations, and more, our blogs ensure you have all the information you need to make the right choice. Our commitment to accuracy and thoroughness ensures that our best forex broker 2023 rankings are reliable, up-to-date, and insightful. HF Markets offers three trading platforms; their flagship mobile trading app called the LimeFx App, as well as the popular MT4 and MT5 platforms. USD and NGN are the account-based currencies that the Pro Plus account supports.
This is comprised of numerous daily articles, and occasional webinars that are created by a team of analysts located around the globe. With LimeFx, customer service is available 24 hours per day, five days per week through email, phone, and live support. Not every account or every country is offered the same bonus (or offered one at all), so it’s important to read the terms & conditions if you’re considering taking up a bonus offer.
Range of Offerings
No, LimeFx does not offer a no-deposit bonus but lists three bonus programs plus a high-paying affiliate program. The LimeFx deposit methods are bank wires, credit/debit cards, Skrill, Neteller, FasaPay, PayRedeem, and cryptocurrencies (Crypto / BitPay). Contact us directly for further inquiries about our products and services. During events of high volatility, sudden price movementsmay occur, and margin calls or stop loss may not function correctly, whichcould lead to a negative balance in the account. Under LimeFx policies, the clientis not liable to pay back a negative balance. You can trade both Spot marketIndices (plural for Index) as well as the Futures market.
What Demo Account Does LimeFx Offer?
The upgrades result in a very competitive solution, and LimeFx also developed its proprietary mobile app, HF App. Equity CFD commissions of 0.10% and trading costs on commodities, indices, ETFs, and bonds remain equally competitive. As a trusted and secure Forex brokers LimeFx has its hard-earned and well-deserved reputation to uphold. All client deposits remain segregated from corporate funds, and LimeFx provides negative balance protection to all traders.
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