You’ll need to show your country of residence, as certain countries are only allowed certain accounts. The simplest option would be a straight wire transfer, which will generally take 2 to 10 business days. 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.

LimeFXarkets Trading App

This’s a package that meets the requirement for those who prefer scalping. The pattern recognition tool can help identify potential trades along with set-up guidance. You can integrate the tool directly into the MetaTrader platforms to provide continuous market scanning, 24 hours a day. For seasoned technical traders, I would opt for the MetaTrader apps over the LimeFX solution, due to the stronger suite of charts and analysis tools. LimeFX offers the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, two of the best third-party trading solutions. We also rated the proprietary mobile app, which we review in more detail below.

This is a free service and information is sent daily to registered email addresses. There are also plenty of analytical tools available to help with trading decisions. This includes an economic calendar, live market news streams, and company earnings calendars. Processing times are in line with competitors, with deposits processed within 10 minutes except for wire transfers which can take up to seven working days.

1. 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.
2. In the sample below, we can see that LimeFX isn’t the best choice for spread-only trading given most other brokers perform better.
3. Yes, you can change your deposit method from the LimeFX account dashboard at any moment.
4. Typically, this is as soon as one day but it will depend on the deposit method you have chosen.
5. To improve its rating further, it would be good to see demo trading contests with perks and rewards.

Does LimeFX charge withdrawal fees?

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. The broker allows traders to deposit and withdraw funds with variousmethods. The minimum deposit amount is only $50, which is very low compared tocompetitors in the industry, and there is no limit for minimum withdrawalamounts. LimeFX offers different types of accounts to its clients tosuit a wide range of trading strategies.

HF Markets vs Other Brokers

Forex Traders often wish to trade with brokers that offer suitable trading conditions, affordable minimum deposits, and an easy-to-use trading scammed by limefx platform. Sometimes they even trade with loosely regulated forex brokers for lower minimum deposits and higher leverage. LimeFX is one of the highly regulated forex brokers that offer online trading services to traders worldwide. It is regulated by FCA, CySEC, CMA, FSC, SVGFSA, FSA-S, FSCA, DFSA etc. To evaluate brokers, we test the accounts, trading tools and services provided.

We particularly rated the forecast tool which provides expert price analysis by instrument for the upcoming week, month, and quarter. I found the navigation bar particularly easy to use, with simple switching between functions. The charts are also customizable with the option of three different styles and nine timeframes. You can also add four popular technical indicators including RSI and MACD.

Other good features we think are worth noting include being regulated in 6 different countries or regions. The small-screen platforms provide all the powerful features of the PC versions, including interactive charting with drawing tools and technical analysis. I found the push notifications particularly useful, alerting you to major events and price movements. Commissions apply to forex trades on the Zero Account only, in return for the tightest spreads from 0 pips. Fortunately, commission charges are decent, coming in as low as $0.03 per 1k lot on popular limefx website forex pairs like the EUR/GBP and USD/JPY. HF Markets offers a strong selection of deposit options, making it easy to fund an account and start trading.