Click on that instrument for the exact specifications of the overall fees & other important limefx scammers points to know if you are trading an instrument on LimeFX’s platform. LimeFX allows trading under 7 asset classes (the same as most other brokers). But their currency offerings are lesser than other South African regulated brokers. The commission-based structure is transparent and is based on the currency pair type. This account has very low spreads hence we highly recommend LimeFX Zero account.
- To open an account, you will typically need to provide certain identification documents for verification purposes.
- Traders in Nigeria may open a demo account on the Micro, Premium, Auto, and HFcopy accounts.
- During our LimeFX broker we found out that Hotofrex offers a range of educational resources for traders who want to improve their knowledge and skills in the forex market.
- Last withdrawal made was July 6th, total amount of 560 usd, received in Skrill account on July 7th.
- The HF Markets $35 No Deposit Bonus is a fantastic opportunity for new traders to explore the world of forex trading without any financial risk.
So, if I’ve previously opened a demo account with HF Market but never a live account, would I still be eligible to receive the bonus? HF Markets offers some of the tightest spreads in the market, starting from 0 pips in Zero Account. This broker quote major foreign exchange currency pairs to five decimal places. Therefore, traders have the opportunity to get more accurate pricing and the best possible spreads. LimeFX enables traders of varying skill levels to invest in a variety of CFD and spot assets using the proven MT4 and MT5 platforms. It offers a naira trading account with low competitive spreads.
LimeFX Broker Review: Account Types
A total of three swaps are applied to all positions on Wednesdays as well. Traders in Nigeria may open a demo account on the Micro, Premium, Auto, and HFcopy accounts. Overall, LimeFX formerly known as Hotforex is considered limefx broker reviews an average risk, with an overall Trust Score of 9 out of 10. They are authorized by one tier-1 regulator (high trust), two tier-2 regulators (average trust), and zero tier-3 regulators (low trust). LimeFX forex does not offer synthetic indices trading and binary options trading.
Is LimeFX regulated and by whom?
The LimeFX $50 no deposit bonus is only available to Company’s new Clients who open a new myHotForex account from the dedicated landing page. Yes, the broker is regulated by FSCA, CySEC, DFSA, FSA, FCA, FSC, and CMA. As the last step, ensure that you complete and send in the withdrawal request according to any further instructions provided by the payment provider of your choice. To initiate a withdrawal, choose a withdrawal method and then enter the desired withdrawal amount.
Nigerian traders can expect the same familiar trading experience that traders have come to expect from the MT4 platform but with even more power and capability. Opening an account is a straightforward process that can be completed online through their website. Segregated accounts with top-tier financial institutions are maintained.
How To Open A LimeFX Real Account: Step-By-Step Guide
In addition, the broker is covered by up to €5,00,000 in Civil Liability insurance. This program protects traders against the risk of financial loss because of mistakes, carelessness, omissions, and other forms of fraud. The LimeFX Demo Account has been designed to closely simulate a real trading environment based on actual market conditions.
HF Markets provides a variety of educational resources to support traders of all levels, including beginners, intermediate, and advanced traders. The broker provides traders with a comprehensive selection of tradable instruments within each market category. For forex traders, this includes major, minor, and exotic currency pairs. In the commodities market, traders can access popular commodities such as gold, silver, oil, and agricultural products. Yes, trading platforms are designed to be accessible across multiple devices, including desktop computers, web browsers, and mobile devices. This allows traders to access their accounts and trade the markets seamlessly from anywhere with an internet connection.