With ECN-like trading conditions, MT4 and MT5 trading platforms and over 50 forex pairs, see what we say about the broker. The HF Markets Group has won a number of industry awards, including best stock broker, best trading platform broker, and best forex trading app. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).

By trading Forex CFDs, individuals can buy and sell currencies based on the predicted difference in exchange rates. For example, if you believe that the value of the US Dollar will increase against the Euro, you can buy US Dollars with Euros at the current exchange rate. If your prediction is correct and the value of the US Dollar does increase, you can sell your US Dollars for more Euros than you originally paid. If the price moves the opposite direction to your prediction, the value of the US Dollar will be lower than you originally paid. No, you cannot trade on MT5 if your trading account is opened for MT4. On the MT4 platform you can trade a wide range of instruments available at HF Markets including CFDs on Forex, Metals, Energies, Commodities, Bonds, Indices and Shares.

As a follower, you can deposit funds and elect to automatically copy the trades of a strategy provider. A HFCopy account is a copy trading account, which allows you to sign up as either a strategy provider or a follower. This account allows you to use the HFCopy app which uses the MQL5 MetaTrader Signal network for social trading. As an aside, while we haven’t physically tested the spreads ourselves with HF Markets, we have tested RAW spreads with other brokers like Pepperstone, IC Markets, and Fusion Markets. Our results are really interesting and overall we can say there are brokers with spreads that are lower (at least according to our results). Overall, trading Forex can offer numerous opportunities for profit, but it also carries a high level of risk of loss.

Other good features we think are worth noting include being regulated in 6 different countries or regions. These currency pairs are referred to as major currency pairs, and they account for more than 80% of the daily trading volume in the Forex market. Before trading, study basic forex strategies and learn how to analyze currency markets properly. Then, open an HF Markets Live or Demo Account and choose your trading platform. For the superior trading conditions, flexibility and reliability HF Markets offers to its traders to operate on the financial markets. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.

No HE with registered and office address at Spyrou Kyprianou 50, Irida 3 Tower 10th Floor, Larnaca 6057, Cyprus. Help our agents identify you so they can offer more personalized support. However, different payment channels require certain amounts ranging from $5 to $100. There are hours of webinars and recorded videos, as well as daily market analysis to keep you informed about current market movements. The LimeFx website states that the firm supports 27 different languages, which seems quite impressive, so if English isn’t your chosen language, LimeFx may be a good option for you.

I found the volume of research released by the analyst team to be more than sufficient for keeping most traders up to date with the latest market movements. Overall, I can’t fault the LimeFx education resources, but make sure to take your own trading success into your hands, and educate yourself. It’s also a good idea to master your strategy on a demo account before switching to a live account.

  1. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.
  2. These include your full name, gender, country of birth, phone number and the base currency you’d like your account to be held in.
  3. With LimeFx, customer service is available 24 hours per day, five days per week through email, phone, and live support.
  4. Established in 2010, and with more than 200 staff globally, the company is one of the top 10 retail forex brokers (by volume) in the world.

We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. LimeFx offers a wide range of tradable markets, including forex trading, stocks, indices, bonds, commodities, ETFs, energy products, and even crypto CFDs. The company offers both dealing desk and non-dealing desk trading, depending on the specific account type you choose to open. MetaTrader 4 (MT4) is the most popular platform for online trading in the forex, CFD and futures markets.

What are the most traded Forex pairs?

But, when it comes to developing trading skills that are going to mean the difference between profits and losses on your account, LimeFx isn’t going to help you get there. For urgent technical support or inquiries, calling the company’s phone line would be a much quicker option, but be aware that international calling may be costly. These include your full name, gender, country of birth, limefx review phone number and the base currency you’d like your account to be held in. The features found in the app are a bit more basic compared to the MT4 and MT5 apps and much more basic than the MT4 and MT5 webtrader and desktop versions. LimeFx has also taken out civil liability insurance up to €5,000,000, to protect client funds against broker error, negligence, fraud, and other risks.

WHY TRADE ON HF Markets METATRADER 4?

Sure, there’s plenty of content on how to enter an order, or telling you what a currency pair is and how many trillions of dollars are traded each day. There’s also an economic release calendar, which can be useful for knowing when to expect market volatility and changes in spread sizes. Not every account or every country is offered the same bonus (or offered one at all), so it’s important to read the terms & conditions if https://limefx.group/ you’re considering taking up a bonus offer. In terms of transferring your funds from your bank account into your LimeFx account, there are several options (some are better than others). MT4 also comes with 23 drawing tools to help identify support and resistance levels, or trend lines. We found making use of these very easy, just click on the drawing tool and select the points on the chart you’d like to draw a line through.

WHY TRADE CFDs ON FOREX WITH HF MARKETS

The LimeFx App is modern, innovative, intuitive and awarded by Capital Finance as Best Forex Trading App. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004. Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates. He has a Masters and Commerce degree and has an active role in the fintech community. LimeFx is a safe broker, considering they are regulated by top-tier financial authorities.

How difficult is it to trade Forex?

There are also energy commodity products, both spot contracts and futures contracts, which allow you to speculate on the price of crude and Brent oil. Soft commodities, such as cotton, cocoa, and sugar are also available. Trade CFDs on the stocks of global companies with strong liquidity and reliable execution.