Hantec Fx Forex Brokers Reviews

For operations other agents fee for, they do not charge a brokerage fee, or they charge a lesser sum. This is beneficial for those who regularly exchange, for example daily or weekly trading. As for the assets available for trading, LimeFX offers up to 44 forex pairs and 28 currency pairs, and many CFDs. There is one more platform LimeFX provides clients with called Multi-Account Manager . Its design is meant to let clients simultaneously manage multiple Currenex and MT4 accounts. Furthermore, they provide an add-on solution for international clients to engage in social or copy trading – ZuluTrade.

Besides its standard features, the LimeFX MT4 platform is fully customizable to meet the needs of the individual trader. 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. As you can see, LimeFX’s minimum spread for trading EUR/USD is 0.2 pips – which is relatively low compared to the average EUR/USD spread of 0.70 pips. Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with LimeFX vs. similar brokers. Depositing money on the LimeFX trading platform is easy.

LimeFX forex brokers reviews

Also, for investors in the middle east or traders who follow Sharia laws to begin online trading, an Islamic account is available. With the experience of providing financial services since 1990, LimeFX is highly-regarded and considered one of the oldest brokers around. Now, Hantec FX clients can engage in Forex trading, CFD trading, Social trading, Spread Betting trading, Share Dealing trading, among other broker offerings.

Is my money safe with LimeFX?

The instrument’s underlying interest rate determines the charges of these rates. All information on 55brokers.com is only published for general information purposes. We do not present any LimeFX advice or guarantees for the accuracy and reliability of the information. For Cons, there is No 24/7 customer service and Conditions vary according to the entity. Needs to review the security of your connection before proceeding.

  • However, an additional trade commission is charged for a certain lot size.
  • Newbie traders can open a demo account in order to better understand the areas of Forex trading and test out some of the features before signing up for a live account.
  • We use dedicated people and clever technology to safeguard our platform.
  • This states that if for any reason, the company goes bankrupt, or they encounter any insolvency event, their clients are insured up to $100,000.
  • Between 74-89% of retail investor accounts lose money when trading CFDs.

Traders on the retail side of the market will find them to be a good fit for their trading adventure. A trading platform facilitates live access to trading markets around the world, usually forex, CFD and futures trading. These allow traders to make informed decisions, protect customer funds, offer historical data and forecasts, trends as well as patterns. LimeFX shows its dedication to offering traders low as possible costs by not charging fees when opening an account, neither for holding money in these accounts. The company does charge the spread and/or commissions on certain CFD markets. Once you are done setting up your profile, you must deposit a minimum amount to get started.

Their outstanding variety of tools will be beneficial for the majority of traders. LimeFX is a foreign exchange broker with its headquarters in UK, Hong Kong and provides a variety of tools for online trading. Since its start in 1990 they have emerged as a top-tier player in the field of online trading. LimeFX includes a highly aggressive and full-featured trading site that’s focused on currency, indices, metals, stocks , commodities. For example, it is necessary to emphasize a Viking account separately.

Review Methodology

If you want to trade with LimeFX, you will need a minimum deposit of $1000. This deposit is compulsory if you want https://limefx.biz/ to start trading using LimeFX. This 2021 LimeFX review will guide you safely about trading with them.

  • You can use this feature to build your faith in the machine and yourself and your trading strategies.
  • Trading Forex, CFD, Binary Options, and other financial instruments carries a high risk of loss and is not suitable for all investors.
  • 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.
  • We tested communicating through LimeFX support in multiple languages and in various countries.
  • The tight spreads and fast executions are a fantastic advantage for all traders.

This means that you can speculate long or short on the direction of price without needing to actually physically own the underlying asset. Monitor, anticipate and act on market moving events with robust volatility, events and price insights. TC Economic Calendar offers real-time, actionable macro-economic data to help investors act on potentially market-moving events. Using real-time data filter through the economic events of 38 countries and take a peek at how similar events previously played out on the FX charts. To be fair, I feel like the MetaTrader platforms will have more than enouhg tools for everyone to get by.

Generally Hantec is among most competitive pricing models with STP execution, powerful trading platform capabilities, enhanced technologies, support and a full range of tools. Yet, there are some confusions in regards to the offerings may occur, since the different jurisdictions comply with separated proposals of trading conditions, costs limefx forex broker and capabilities. Thus, while opening an account with Hantec you should carefully check under which particular brand you will be operated. LimeFX is a broker that provides forex trading services. They provide traders with access to a wide range of assets in a number of markets, including currencies, indices, and commodities.

Copy Trading

They are fully customisable and versatile, so you can trade how and when you want. I use the desktop platform to conduct complex analysis using my trading strategy templates and also to run my trading robots. The mobile app is ideal for keeping tabs of my trades and the latest market news whilst I am not at my desk.

LimeFX forex brokers reviews

They are generally well-suited for LimeFX to provide their Forex/CFD trading services to global clients. However, because the broker is regulated by the ASIC, FMA, FCA, JSC, FSC, FSA and CGSE, there is a high chance that it is not a scam. With that being said, it still does not mean that LimeFX is the best option, as there are also hundreds of other regulated brokers with similar or even better trading conditions. We have scanned fees that LimeFX charges when trading popular currency pairs, here is their breakdown in pips. I have been with Hantec for 2 years now and find the platform infrastructure, price feeds, spreads, customer support and overall service exceptional.

What you should know about trading using LimeFX

If you want to grow your deposit, there are better brokers out there who will not waste your time and money. In case you have alread lost your money, you can get that money back by filling out the form I gave you earlier. A market maker makes all their revenue from trades that you lost.

The inactivity fee is subjected to many circumstances and should be disclosed clearly by the broker beforehand. Even if no charges have been implied by LimeFX, it is better for you to close the account if you’re inactive. Inactivity fees aren’t just charged by brokerage companies but also many financial services. Understanding whether you will be charged inactivity fees is one of the buzzing questions which run through your mind when open an account with LimeFX. An inactivity fee is an amount charged to registered traders that haven’t participated in purchasing or selling for some time. However, this doesn’t necessarily mean that online brokers don’t charge any fees.

  • Any processing fees from your bank might need to be incurred by you.
  • The amount of available forex pairs is decent – 40, but the number of CFD assets is very poor, there are not even any CFDs on shares or cryptocurrencies.
  • To build a diversified portfolio, LimeFX offer the service to trade specific hard and soft commodities.
  • There are 28 currency pairs available to trade and LimeFX provides FX liquidity through a large network of banks and automatic execution.
  • LimeFX has headquarters in Australia, Hong Kong, United Arab Emirates and United Kingdom.

See below typical trading fees for popular instruments, also compare LimeFX trading fees to another popular broker BDSwiss and others in the table below. Yet, recently operations are mainly held via a UK entity and specialize according to its regulations . Currently, some traders say slippage is high and others have accused them of manipulating trades by not letting customers close profitable trades. All of these are signs that Hmarkets is a market maker rather than a true ECN.

They will assist you with your application and provide all the information you need to start trading with them. You can either choose to register for an individual or corporate account. Opening either a corporate or individual account only takes three steps. It’s important to note that after signing up, you will only be able to access their platform for 30 days. This should be enough for you to test out different trading strategies without the risk of losing your hard-earned cash. To build a diversified portfolio, LimeFX offer the service to trade specific hard and soft commodities.

There is a further division of the Currenex platform called Currenex Viking. This platform primarily aims to proffer solutions for traders who prefer to trade on a relatively reduced level as trade volume here is as low as 10,000. 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 LimeFX website is mobile friendly; it actually has a version optimized for mobile devices. The MT4 has a mobile version, allowing traders to trade on smartphones and tablets.

Traders can follow a few easy steps to deposit or withdraw funds from a LimeFX account. Simply log in to the client portal and choose the desired methods. Full capabilities of each from offered platforms, of course, available through desktop version where all the tools and options available. Another costs is built into the swap or overnight fee, which is paid in case the position opened longer than a day. You may check all rates through the trading platform or online at the official Hantec website.