Once your account is verified, typically within minutes, you will receive an email confirmation. You can then choose your preferred trading platform to begin trading. Every broker we recommend meets strict trust and safety criteria and is tested for reliability, transparency, and overall trading experience.

• The withdrawals at Lime Fx are a bit slow but we have found no complaints in this regard from any users.
• FxPesa for example has ‘Premiere account’, which involves commissions per lot for your trading activity.
• DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence.
• For the PAMM Premium account, traders can benefit from spreads starting at 1.6 pips without any trading volume commission, which is 60% higher than the industry standard of 1 pip.
• Regulation is the most important consideration when choosing a broker.

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Here is a summary of payment methods accepted by HF Markets for deposits. However, to sign up for a live account, a trader will have to provide all the real information. For individual Lime Fx sign up, the investor/ trader limefx review will provide their personal information only, while for the corporate account, company details are needed. Lime Fx also offers a demo account to practice before opening a live performance.

How to Withdraw Funds from Lime Fx

It also has several excellent trading tools to assist traders further. Lime Fx (formerly known as HotForex) is a well-known international broker with six standard trading accounts and one specialised copy trading account. Four of its six standard accounts have no minimum deposit requirements and have competitive trading fees. Overall, we have found Lime Fx’s account types to be very good with features like Naira account & Negative balance protection.

• The Lime Fx Zero account offers spreads starting from 0 pips, with a trading volume commission of $6/lot round turn, which is 14% cheaper than the industry standard commission of $7/lot.
• The minimum withdrawal amount is £5 on Lime Fx in the United Kingdom.
• The firm protects funds with various safeguards such as segregated bank accounts.

You can also refer new affiliates and earn from their commissions. Enjoy daily payouts with no earning limits, maximizing your income potential through the affiliate program. Lime Fx MT4 is compatible with iOS, Android, and even WebTerminal for browser-based access. Traders can monitor and execute trades on the go without losing access to essential tools or analytical features.

Lime Fx offers an excellent range of trading tools, including Autochartist, a free VPS service, and a set of Premium Trading Tools. While all these tools are provided free, we were disappointed that traders are required to make a substantial deposit before access is provided. Hotforex is very good, they are providing great trading conditions for traders, with a competitive spread on forex, a good number of cdfs and cypto to trade as well. Moreover, their wide range of trading instruments i.e. forex, CFDs on commodities & more to its customers.

However, ensure your account type and deposit method are compatible with scalping’s high-frequency trading. We were also pleased to find that Lime Fx has recently reintroduced cryptocurrency trading, likely due to the popularity of the asset. This is alongside an excellent range of trading instruments, including popular international stocks.

Use our comparison tool to compare two brokers based on their trust rating, costs, features, platforms and many other aspects. Explore the best Forex brokers for beginners in the Malaysia with user-friendly platforms, educational resources, and demo accounts. Other trading tools available at Lime Fx include a range of trading calculators, which can be used to calculate pip value, swap fees, risk limefx scam percentages, and support and resistance levels. MT5, the newer version of its predecessor, MT4, is also available at Lime Fx. We recommend using MT5 if you are looking for a more powerful and faster trading platform when it comes to back-testing functionality for automated trading algorithms. Additionally, traders prefer MT5 for its depth of market display, additional technical indicators (38 as opposed to 30 on MT4), and analytical tools.

For new Nigerian traders, we recommend to start Premium account as you will get really low spread with it & can even get welcome bonus. The pro account is for traders who want to speculate on Forex and other markets with zero or super-low commissions. Lime Fx pro account has floating spreads from 0.6 pips, which is super competitive and lower than the industry average of 1 pip. Only when you are profitable on demo, you should open live account with a regulated broker that accepts MPesa & has low minimum deposit requirements.