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LimeFx offers very competitive trading costs, as well as low non-trading costs. Below you can see an overview of the most common trading fees you will incur, based on the broker’s standard account type. Make sure you type these correctly because if you make mistakes you will not be able to connect to your trading account via Hotforex login. To log in to your Hotforex (LimeFx) account, simply open the platform you want to trade on e.g WebTrader, MT4, MT5 etc.

Is Hotforex (LimeFx) Legit?

The more you trade, the further you progress in the program and the more points you earn. All deposits are processed instantly, except for wire transfers which can take up to 2-7 working days to be credited to your LimeFx account. There’s a minimum deposit amount of $5 for most methods too, aside from Bitcoin which has a minimum deposit amount of $10. LimeFx charges an inactivity fee on all accounts that have remained dormant for more than six months. Should your account remain unused for between six months and one year, a $5 fee is charged. This increases to $10, $20, and the previous year’s fee + $10 per month for inactivity periods of 1-2 years, 2-3 years, and over 3 years respectively.

What instruments can I trade on Metatrader 5?

  1. LimeFx will execute all trades at the declared client price as soon as these limitations are reached.
  2. The broker provides over 1,200 products in 9 asset classes and having “forex” in their name was no longer a proper reflection of the award-winning trading experience they offer.
  3. To start trading on the MT5 platform you need to have an MT5 trading account with HF Markets.
  4. HF Markets offers multi-asset trading through the world’s most advanced next generation online trading platform MetaTrader 5.

The platform is developed by MetaQuotes Software Corp and is widely used by traders and brokers worldwide. MetaTrader 4 (MT4) is suitable for traders of all levels as it offers a user-friendly interface, advanced charting tools, and a range of customization options. It also supports automated trading through the use of Expert Advisors (EAs) and allows for easy integration with a wide range of third-party indicators and tools. As a seasoned Forex trader with over a decade of experience, I have dedicated myself to mastering the intricacies of the financial markets.

Tools available through the myHF area

No HE with registered and office address at Spyrou Kyprianou 50, Irida 3 Tower 10th Floor, Larnaca 6057, Cyprus.

Account Opening Options

To start trading on the MT4 platform you need to have an MT4 trading account with HF Markets. To start trading on the MT5 platform you need to have an MT5 trading account with HF Markets. Provided freely to all Clients your myHF area provides you with complete control over your tradingand financial operations with a single login and user friendly interface. Available on desktop, mobile and through the LimeFx App, the myHF area is an all-in-one account managementsolution and a virtual gateway to all the services offered by HF Markets.

Hotforex (LimeFx) Demo Account

Overall, MT5 is a powerful and versatile platform that provides traders with a range of advanced tools and features for a seamless trading experience. MetaTrader 4 is also available on mobile devices through its mobile trading app. The mobile app offers many of the same features as the desktop version, including real-time quotes, advanced charting, and automated trading using EAs. The mobile app also offers the ability to receive push notifications for price alerts and other events, enabling traders to stay connected to the markets even when away from their desks.

This can help traders to save time and reduce the emotional impact of trading, as well as potentially increase the efficiency and accuracy of their trades. Overall, the use of MQL and automated trading with EAs is a popular feature of MT5, providing traders with a flexible and powerful tool for executing their trades in the financial markets. 70% of retail investor accounts lose money when trading CFDs with HF Markets (Europe) Ltd. MetaTrader 5 (MT5) is a software platform for online trading in the forex, other CFDs and futures markets. It provides advanced charting capabilities, multiple order types, and automated trading (via Expert Advisors) to its users.

Get the best start to your efficient trading of the markets with one of the most innovative and popular trading platforms in the world. The MT5 mobile app is available for both Android and iOS devices and allows traders to access their trading accounts from anywhere, at any time. The mobile app provides advanced charting, multiple order types, and real-time quotes and news.

The fully digital questionnaire makes the whole process quicker too, as you don’t need to worry about posting your documents to the broker for approval. Their popularity and success have not gone unnoticed either, as the broker has won more than 25 international awards. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

LimeFx is an award-winning forex, Indices, Stocks and commodities broker that provides trading services and facilities to both retail and institutional clients. LimeFx is a highly regulated and trustworthy ECN/STP broker that has seen massive growth in recent years. To date, the broker boasts of over 3,5 million accounts opened by happy clients. One of the LimeFx Pros is also its offered market range that includes 17 trading tools and 150+ trading products with access to global markets. LimeFx offers a wide range of tradable assets, making them an excellent option if you’re looking to diversify your trading portfolio. They also provide a wide range of analysis tools and materials, to help both novice and veteran traders, and some very competitive bonuses and loyalty rewards.

LimeFx offers a wide range of support channels, and their staff respond quickly and are very helpful and knowledgeable. Our LimeFx broker review team was pleased to see that there is a healthy variety of instruments to choose from. From currency pairs and shares to commodities and cryptocurrencies, you’ll find a good list of options. Only in the event of certain circumstances will these requirements not be fulfilled.

Micro accounts can be opened for as little as a $5 deposit, whilst premium accounts require a slightly higher minimum deposit of $100. LimeFx takes trader protection very seriously and all client funds are segregated. LimeFx offers market-leading insurance to all clients with a civil liability insurance program worth up to a limit of approximately $6 million or €5 million.

During our LimeFx broker review, we found that this broker charges rollover fees, and these differ based on the instrument. For all assets other than forex, gold, and cryptocurrencies, the rollover includes an internal interest fee. This is in addition to the rollover fee charged by the parties the broker works with for that particular security. For forex, gold, and cryptocurrencies, an additional fee is included that considers an internal risk assessment.

Our LimeFx reviewers were impressed by the broker’s social trading offering as compared to other brokers offering the same service. Followers, on the other hand, by opening an account will be able to deposit funds and start copying the trades of their selected SPs. The LimeFx PAMM Account allows investors to invest funds in experienced PAMM Fund Managers who trade the markets on their behalf.

PAMM Managers earn a pre-agreed Success Fee when they make a profit for their investors. Alternatively, you can open a zero spread account with a minimum deposit of $200, or a Premium Pro account with $500. 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. We have created a mobile experience specifically tailored to the needs and demands of our traders. The LimeFx App is modern, innovative, intuitive and awarded by Capital Finance as Best Forex Trading App.

MT4 has been widely adopted by the online trading industry and has a large user base, which has helped to ensure that it is secure and reliable. Discover unique MetaTrader 4 features and a wide range of analytical limefx forex brokers reviews opportunities to enhance your trading experience. MT5 has been widely adopted by the online trading industry and has a large user base, which has helped to ensure that it is secure and reliable.

Traders can also manage their trades, set stop-loss and take-profit orders, and monitor the performance of their trading portfolio. In addition, the mobile app provides access to the MT5 marketplace, where traders can purchase and download custom indicators and Expert Advisors (EAs) to automate their trades. Automated trading on MetaTrader 5 (MT5) is performed using the MQL (MetaQuotes Language) programming language. With MQL, traders can write and execute their own custom trading algorithms and automated strategies, known as Expert Advisors (EAs). EAs allow traders to automate their trades based on pre-defined criteria, such as technical indicators or market conditions.

This includes LimeFx educational videos, Training course videos, Forex education/e-course, Live Webinars, Events, Exclusive analysis, and a Podcast. These materials are perfect for beginners who want to learn forex trading. LimeFx also commits to executing trades in a timely fashion, although it reserves the right to decline trades should certain market conditions be present. Generally, however, your trades will only be interrupted if there are technical issues such as platform failure or poor connections. You can also take advantage of cashback offers on qualifying losing trades. LimeFx offers a wide range of payment options, including all major credit and debit cards, wire transfers, Skrill, Neteller, and Bitcoin (some country restrictions may apply).