So, they are regulated and considered safe for traders in Kenya. Simply download the Lime Fx App from the App Store or Google Play, register with a myHF account, and open a Live or Demo account. limefx company reviews Once set up, you’re ready to trade across global markets instantly.
These PAMM accounts are specialised for trading in Forex, metals, oil, and indices with a minimum trade size of 0.01 lot. Cent account includes transactions and balances in USD cents, with a minimum deposit requirement of $0. Yes, Lime Fx offers several bonuses and promotional offers to its traders outside the EU, the UK and Australia. Since your funds are kept in segregated bank accounts, you can safely withdraw your money whenever you want.
But it is important to note that when funding via MPesa, there are restrictions on the maximum deposit amount & withdrawals. You cannot deposit more than that amount in a single transaction. Like, the broker in the below table has 0.32 pips typical fees for Gold CFDs. HF Markets (formerly HotForex) is a CMA licensed Non-dealing forex broker, and they were authorized in 2021. You can request a call back (by filling the form, and their support team will call you), or you can use the live chat on their website. They are among the only 6 Forex Brokers in Kenya regulated by CMA – Capital Markets Authority.
- Below are the minimum deposits for all types of accounts of Lime Fx.
- A good trading plan should also include a strategy for managing risk, such as setting stop-loss orders and limiting position sizes.
- Our in-depth reviews consider over 200 metrics across seven key categories.
- Ultimately, this means that traders get the very best price from the many liquidity providers that Lime Fx has in place.
- Micro accounts require a lower minimum deposit compared to their premium accounts.
Lime Fx stands out as a highly reputable and well-rounded online broker, offering a comprehensive and user-friendly trading experience. HF Markets has accounts with no mandatory minimum deposits, but to start trading on HF Markets platform, you will need to deposit a minimum of NGN 4,000 or $5. HF Markets has accounts with no mandatory minimum deposits, but to start trading on HF Markets platform, you will need to deposit a minimum of ZAR 100 or $5.
- Similarly, all the other brokers will list their phone & other contact details on their contact page.
- For example, Lime Fx is regulated with the CMA, but they are also licensed by FCA, FSCA & CySEC.
- Bank transfers require a minimum of £100 to initiate a withdrawal.
- Traders can choose between the MT4 and MT5 trading platforms within the Lime Fx Pro account.
- Most deposits are instant or within 10 minutes, and the broker charges no deposit fees regardless of the method or amount used.
How to Withdraw Funds from Lime Fx
The average USD/EUR spread with the Premium Account is 1.2 pips. However, the Micro Account needs just a $5 deposit for activation. In comparison with other brokers, FXPesa charges a higher spread on standard currency pairs. For a major currency pair like EUR/USD, the typical spread is 1.6 pips per standard lot. Lime Fx presents a broad, diverse range of markets suitable for both beginners and experienced traders. Its accessible instruments, generous leverage, and supportive learning tools make it an excellent choice for exploring global trading opportunities with confidence.
Lime Fx Zero Spread Account Review – Pros and Cons
If you’re interested in learning more about Lime Fx’s trading requirements and other features, read our full broker review. To open a trading account, you will need to choose a broker and fund your account. Some brokers offer demo accounts for testing trading strategies before committing real money. After entering the necessary payment details, carefully review the information to ensure accuracy. Once satisfied, proceed to complete the deposit process by following the instructions provided on the platform. This may involve confirming the transaction, verifying any security measures, and completing the deposit.
Practice caution and see financial advice when unsure because what we offer here is NOT financial advice. We provide objective and unbiased reviews, analysis and commentary. We verify some of our data for quality control but there are slight variations occasionally. We are not liable for losses that resulting from the information provided on our site. Trading in forex, stocks, cryptocurrencies, CFDs, indices, and commodities carries a risk of financial loss and may not be suitable for all investors.
Typically, Lime Fx’s deposit incentives have no direct limefx company reviews influence on trading leverage. However, they may expand your available margin, allowing you to create greater bets. Cent Account holders can trade Forex pairs and Gold, giving them access to two of the most liquid and popular markets without needing to invest large amounts of capital.
You’ve successfully signed up for our forex newsletter, where you’ll receive expert insights, market analysis, and the latest news straight to your inbox. Video tutorials are available without registration, and these cover introductory concepts, Metatrader tutorials, trading strategies, and lessons in economic theory. Lime Fx has a competent in-house research team that produces high-quality and useful market analysis materials. The educational content is multi-format, of very high quality, and useful for beginners. Both MT4 and MT5 are available as downloads, browser-based, and on iOS and Android devices. Mobile access is 24/7, and mobile apps employ the latest SSL encryption technology for security.