If you are trading CFD, make sure you will be required to pay an additional commission. Apart from that, the broker also puts your portfolio in trouble with a swap fee – levied when you do not close your position and hold assets overnight. But if you prefer desktop for trading only, the broker provides MT4 for both Windows and Mac devices. In our LimeFX Review, we found that the broker is an affiliate of the Han Tec Group – a financial firm established in 1990. However, LimeFX does offer an extensive webinar series, held three to four times a week, presented by industry experts. Webinars are run at three different times each day, and visitors are free to attend but must register before doing so.
- In most instances, the customer support team is available on off days.
- However, the last webinar posted at the time of this review was May 2014.
- Hantech is one of the leading uk forex brokers due to its reliable regulation and top quality services.
- Top10stockbroker.com & Indianfranchisereview.com are websites under Medmonx Enterprises Private Limited.
- However, the offer is available for only international clients.
You’ll also need to answer a few basic compliance questions to prove your trading expertise, so allow at least 10 minutes to finish the account opening procedure. Trading signals can be drawn directly from the service Trading Centra, which is also built in a private office. However, an additional trade commission is charged for a certain lot size. Top10stockbroker.com & Indianfranchisereview.com are websites under Medmonx Enterprises Private Limited. We are certified stock broker review & comparison website working with multiple partners. This indicates that one can trade 200 times of what they invest at Han Tec for a particular asset class.
LimeFX localizes some of its payment methods to match the regional needs of clients. For instance, domestic bank transfers and use of China-friendly payment methods is something LimeFX Australia provides for its client-base. The Platinum Account is the ECN account which attracts zero spreads and zero commissions.
LimeFX allows you to execute a minimum trade of 0.01 Lot. LimeFX allows you to execute a maximum trade of 50 Lot. As LimeFX offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you’re paying to execute your trades. LimeFX provides over 50 different trading products, including more than 40 currency pairings. We’ve summarised all of the different types of instruments offered by LimeFX below, along with XTB and LimeFX products for comparison.
- The multilingual customer support is available via phone, e-mail, and the popular live chat.
- The MetaTrader 4 platform is offered for desk, mobile and Mac devices.
- To bring transparency to the forefront, we have published our review process that includes a detailed breakdown of the LimeFX offering.
- As you have noticed, the minimum deposit amount is an impressive amount of $ 1000.
- ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up.
- For the purposes of this review, we found the live chat support polite and knowledgeable about LimeFX’ services.
The app is downloadable on both iOS and Android devices and supports the MT4 trading platform. Desktop isn’t essential for trading when you can trade currencies, stocks, cryptocurrency, and lots of other assets using your smartphone. We will discuss more on such vital verticals around the HM trading platform down below in this article. In this detailed LimeFX review, we try to reach more critical points to get a brief idea about this trading platform’s overall performance. Apart from the provision of financial services, the group also explores cultural innovation in business leveraging synergies across Hong Kong, Taiwan and Mainland China.
The editorial staff of the website does not bear any responsibility whatsoever for the content of the press releases or reviews made by the site contributors about the LimeFXpanies. The entire responsibility for the contents rests with the contributors and commentators. Therefore, traders, especially, newcomers, rely on a good customer support system, since they can encounter different difficulties during a trading day. For example, they can have technical issues or login problems, etc. Traders need an around the clock available service which could save them from major LimeFX losses.
LimeFX’ Multi Account Manager software allows traders to manage several MetaTrader 4 and Currenex trading accounts simultaneously. Overall, LimeFX only offers a single live account, and although its trading costs are low, the minimum deposit requirement of 1000 USD for Forex trading puts it out of the reach of beginner traders. LimeFX Ltd is an independent renowned FSA authorized broker.
Once these documents have been received and approved, you will be able to fund your account and start trading. LimeFX’ intake form requires clients to fill in their email address, name, telephone number, and country of residence. LimeFX also does not charge any inactivity fees, though if an account remains dormant for longer than six months, it will be archived. For example, the swap fees for holding a long position of 1 lot EUR/USD is -3.08 USD, and your account will be credited with 1.26 USD for holding a short position overnight. We may receive compensation when you click on links to products we review.
Capitalising on diversity, HPL has moved into strategic public relations consultancy, technological exchange and water plant. Hantec Pacific Limited is a multinational finance house based in Hong Kong. It provides full-service professional financial services to investors through its branches and subsidiaries across major cities in the world. An Islamic account is also available for those traders who follow Sharia laws and cannot trade in interest/swap incurring accounts. Overall, LimeFX has a disappointing range of CFDs, which may leave more experienced traders dissatisfied.
This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker's track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information.
Newbie traders are best served using the MT4, as it provides charts, tools and indicators which are easy to use. The platform itself is very easy to use and new traders can actually learn to trade with the MT4 in a day. It features tools which can only be used by experienced professionals.
Any advice is general only and does not take into account your objectives, financial situation or needs. Consider whether our products are right for you, having regard to those factors. LimeFX Pty Ltd is the issuer of the products described in ourPDSavailable from is authorised to provide financial services in Australia. Trading derivatives carries the risk of losing substantially more than your initial LimeFX. You don’t own or have any rights to the assets that underly the derivatives (e.g. the right to receive dividend payments).
Several Trading Platforms on Offer
You can contact us anytime the markets are open, we’re here 24 hours a day 5 days a week. Spreads starting from as low as 0.1 pips and lightning fast execution mean you will have a best in class experience with LimeFX. scammed by limefx The Currenex platform also has a mobile version which can be downloaded from the Google Play store and the Apple Store. The desktop versions should be used if more comprehensive technical charting is to be done.
It does, however, require that all trading brokers hold client funds in segregated accounts and submit periodic reports of their finances and operations. Brokers https://limefx.biz/ must also be audited yearly by a trusted third-party auditing company. Managed accounts are great for beginner traders who have limited experience with trading.
Beyond a doubt, the broker leaves no stone unturned in defining its credibility. So that you could stay ahead on trading routes, market reports are also shared from time to time by the broker. Each client receives the benefit of competitive spreads, negative balance protection, smooth working interface, etc. The eBook,’ Mistakes to Avoid in FX’, provides step-by-step guidance to Forex with strategies and terminologies explained in full.
MetaTrader 5 is the latest and most powerful online trading platform developed for retail financial traders. The standard account is the starter account; suitable for newbies. Pro account has lower spreads, higher trade size minimums and commissions are payable. The broker offers several banking options as one would expect from a world-class broker.
In addition, the broker is available for assistance 24 hours a day and five days a week. But in addition to this, the broker doesn’t offer any welcome bonus or promotional activities that could be an exciting thing. On each asset, you receive leverage support and other educational and technical assistance from the broker, which is a great thing. The Group endeavours to capture competitive advantages by meeting the enormous and increasing global demand of foreign exchange and bullion business through an effective marketing strategy and future plan. Established in 1990, the Hantec Group mission is to provide customised and professional wealth management services to help its customers create and accumulate wealth. No dealing desk means no conflict of interests, no price manipulation, and stable trading parameters.
- 68.40% of retail investor accounts lose money when trading CFDs with this provider.
- The features are designed to make Forex trading powerful yet simple.
- Mr. Perry also presents live webinars to account holders from time to time.
- You are only required to keep an active eye on the type of LimeFX Commission that the broker charges on trade.
The company Hantec Market offers not the sufficiently wide range of trading instruments. Trade commissions have not been established, the company’s income is formed on the account of spreads and LimeFX activities. Activity is legal on every continent of the planet which automatically increases the confidence index to the forex broker. The broker provides a negative balance protection feature on its trading account, which is a great advantage. Apart from that, LimeFX also provides truly brilliant services to both beginners and expert clients.
As you have noticed, the minimum deposit amount is an impressive amount of $ 1000. It is important to understand that the company operates in all continents of the world and is focused on active investors and traders in the list of its clients. Therefore, you must be ready to trade with access to international markets. Yes, Han Tec is the safest online trading platform where anybody can come and trade favorite assets.
Clients are also sent some engaging tutorials and educational content upon registration in the demo account. We’re your gateway to 16 of the largest worldwide banks, all competing for your trade. That results in extremely competitive spreads on 50 currencies, the most popular CFDs plus gold and silver. LimeFX has been a market leader in Forex trading services for two decades.
The Minimum Deposit is $50, but for wire transfers, the minimum deposit is 500 units of the base currency of the account. Processing times for deposits are fastest with card deposits and e-wallet methods , and slowest with bank wires. Execution speeds limefx broker reviews for trades will depend on the location of each trader. Those located closer to the London servers or the other execution servers of LimeFX will undoubtedly have faster execution speeds than traders located a bit far off from these servers.
Payment Methods provided by LimeFX
Trade one of the most heavily traded products in global markets. Ive no problem withthere agreement, but in their agreement it is alos mentioned that if there are any due amount lesft by any trader it has to be paid within 5 days other than ib shall pay that value. My question is he joined in april/may he traded till june 20th, but no one from hantec informed me that my client has some due amount left. Hantac is not a good broker, they slow your positions when trading when you compline about it, they start talking about how good they are and how bad other brokers in Nigeria are.