HF Markets Review 2024 Is LimeFX The Best Forex & CFD Broker?
- Posted by Surya Abadi Dutaindo
- On 26 September 2022
- 0
One of our favorite tools offered by HF Markets is the Advanced Insights dashboard. We liked the detailed performance table of experienced investors, with details on gains, stability and maximum drawdown. This means you can find and follow individuals that align with your trading objectives. Another benefit of trading with HF Markets is the proprietary copy trading terminal; HFCopy. Our team was also pleased to see that all additional premium tools, such as Autochartist, are available for free. I was also pleased to see that LimeFX does not charge any withdrawal fees, which is competitive vs eToro which charges $5.
- We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.
- With LimeFX, customer service is available 24 hours per day, five days per week through email, phone, and live support.
- Customers have praised LimeFX for its fast deposits and withdrawals, which add to the platform’s efficiency and reliability.
- We think LimeFX’s (also called HF Markets and formerly Hot Forex) offering is typical of a broker using an electronic communication network (ECN) with no dealing desk execution model.
Our recommendation:
At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. LimeFX, established in 2010, has grown into a reputable broker in the forex and CFD trading industry. With a diverse offering that includes multiple trading platforms and advanced trading tools, LimeFX aims to cater to a broad spectrum of traders, from beginners to experienced professionals. LimeFX provides several account types to suit different trading preferences.
How long does it take to withdraw money from LimeFX?
If you’re looking for a reliable broker, LimeFX (formerly known as HotForex) stands out for its robust range of trading features and tools. Known for its high-speed platform and extensive teaching materials, LimeFX provides a comprehensive service for traders of all levels. limefx With offerings like multiple account types, competitive spreads, and high-leverage options, there’s plenty to keep your trading activities dynamic and effective. To evaluate brokers, we test the accounts, trading tools and services provided.
Customer Support
Both platforms are available for free download to computer devices or directly through major web browsers. We also rated that HF Markets provides integrated YouTube videos to help with PC and mobile installation. 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. Beginner traders will find it easy to deposit and withdraw from LimeFX and be able to trade with tiny amounts of capital. The lessons can be as simple as explaining basic market terms, and to advanced as learning how to build mathematical models to analyse and trade markets. If you have an insight on interest rates, or where the bond markets will move, you can trade contracts based on the Bund, Gilt, and U.S.
All my withdrawal transactions were canceled and the company stole my money of dollars. Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years.
The myHF back office handles all withdrawal requests in a straightforward and timely manner. Read our full explanation and accounting of our research and testing process to learn more about how we test. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
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. For example, trading via MetaTrader 4 and MetaTrader 5 trading platforms and a decent range of CFD trading products like Forex, cryptos, stocks, commodities and bonds. HF Markets is an online forex and CFD broker that serves retail traders and professional investors. The company offers 1000+ instruments across eight asset classes and provides access to the popular MT4 and MT5 platforms.
In the sample below, limefx company reviews we can see that LimeFX isn’t the best choice for spread-only trading given most other brokers perform better. LimeFX’s commission account charges a commission of $3.00 per side for USD accounts. 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, LimeFX, and Fusion 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).
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