Lime Fx Hotforex Broker Review for South African Traders 2024

Toll-free local phone numbers available in South Africa and local email addresses give clients direct free access to quality customer service in their language. Lime Fx forex does not offer synthetic indices trading and binary options trading. An email with the same credentials will be sent to you for future reference. You will need to use these credentials to log in to your Lime Fx demo account. Your demo account will be created & you will get your login credentials like the picture below. Enter your personal information, such as your name, email address, phone number, and country of residence.

Lowest spreads with low commissions

Use the welcome bonus forex $50 South Africa from Hotforex to trade all the company’s assets including stocks, indices and currencies. Lime Fx (formerly Hotforex South Africa) offers a number of trading platforms. This Lime Fx broker review found that withdrawing from Lime Fx in South Africa is easy and fast. Simply access your myHF area (Hotforex client area) and submit a Fund Withdrawal request. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital.

Alternatively, you can open a demo account and use it to practice your strategy. Once you’re ready, open a live account and make use of the bonus. HF Markets is a global Forex and Commodities broker that facilitates both retail and institutional clients. Furthermore, HF Markets allow scalpers and traders use Expert Advisors unrestricted. The bonus can be used for trading purposes, offering the opportunity to trade in a real environment without risking any funds. You can then withdraw the profits made in the bonus account after fulfilling the minimum volume requirements.

Yes, Hotforex, now called Lime Fx, is a reliable broker that has the best support and educational resources for its clients. Lime Fx forex Broker’s Learning Center has a wide range of educational resources, including video tutorials, webinars, eBooks, and articles. Our review of Lime Fxartkers showed that the broker is currently offering two bonuses for South African traders. These are the 10% top-up bonus and the $50 No Deposit welcome bonus.

Markets

Lime Fx Broker offers the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, Webtraders and its own proprietary app. Lime Fx offers free online bank funding for clients who have online bank accounts with major South African banks. This includes African Bank, Bidvest Bank, Capitec Bank, FNB, Investec, Nedbank, Standard Bank, and TymeBank. This is the currency you will use to deposit, trade and withdraw.

Lime Fx $50 No-Deposit Welcome Bonus

Lime Fx Broker offers a comprehensive Learning Center with a range of educational resources, including video tutorials, webinars, eBooks, and articles. The Lime Fx Demo Account has been designed to closely simulate a real trading environment based on actual market conditions. It takes less than 3 minutes to open a Hotforex demo account. I would like to add that no deposit bonus is usually very small (ranging from $10-100). While it may give you a little boost to start trading in the real world, but it may not be enough for a profitable trading strategy.

Traders receive a 30% rescue bonus of up to $7,000 for all deposits over $50. limefx reviews Anyway, if you want to learn how to trade, I suggest you check out forex articles or watch tutorial videos. Some brokers provide these features for free, so you can check them out.

1. No, Lime Fx does not currently offer a sign-up bonus with account registration.
2. Lime Fx is an award-winning forex and commodities broker who is globally recognized for covering a well-rounded trading experience.
3. The R900 No Deposit Bonus is exclusively available for new clients who have not previously registered with Lime Fx.
4. From currency pairs and shares to commodities and cryptocurrencies, you’ll find a good list of options.

Our in-depth Hotforex broker review found that various payment methods are processed in slightly different timeframes on Lime Fx forex. The Lime Fx accounting team confirms transactions quite quickly during business hours. Overall,  Lime Fx includes great trading conditions, smart trading, superior trading tools, multiple account types, convenient platform options, and safe, secure trading. Lime Fx is an award-winning forex and commodities broker who is globally recognized for covering a well-rounded trading experience.

The minimum deposit in ZAR is R1400 ($100) and the account allows you to trade all assets offered by Lime Fx. They offer many trading tools, but I really like the Autochartist tool! Their Autochartist can provide excellent and accurate trading signals! By the way, I use a micro account and recommend it to all new traders. If you use MT4, conditional trading and spread in Lime Fx are also competitive.

It would be very helpful if you as a trader know when and how to use a forex bonus effectively in order to get the maximum profit out of it. You can treat it as a practice field or you can trade like your life depends on it. This is a much faster method of depositing and withdrawing funds than a standard bank wire, with deposits reflecting almost instantly and withdrawals received within 2 business days. After your documents are verified proceed to choose your preferred trading platform (MT4, MT5, Webtrader etc) and download it. Log in to your Lime Fx (Hotforex) account and deposit and start trading. It is developed to suit the needs of a more experienced trader who wants to take their trading to the next level.

Unlike many other international brokers, Hotforex south africa offers ZAR trading accounts which are very convenient. It also offers fast and free deposits and withdrawals in South African Rands from a range of local banks, including FNB, ABSA, Nedbank, and Standard Bank, among others. Therefore, they can start trading risk-free and get to know the broker as well as test the platform. Additionally, traders can withdraw profits earned from trading with the bonus once the trading requirements are fulfilled. However, it is important to do your own research before opening an account with any broker. The $50 no deposit bonus is one of the deals that the broker offers for new clients specifically.

What I saw was, there is a sufficient amount of choice for everything. You literally have so many choices in terms of the assets you are able to trade and follow, platforms, accounts, additional tools you can pick, great educational resources. Many traders choose brokers based on the number of bonuses they offer and simply choose the highest. Of course, this is not the way to it, and most of the time, this is the reason why traders fail to cash out their bonuses. To be eligible for this bonus, you must have opened a live trading account with the broker and must be at least 18 years old or of legal age in your country of residence.

It is important to understand that the bonus itself cannot be withdrawn, but it’s possible to withdraw the profit made from the bonus. However, before you can withdraw any profits, you must fulfill the trading volume requirement of 1.5 standard lots. Many brokerage companies offer promotional campaigns to set them apart from the crowd and attract the attention of new customers.

With the R900 bonus at your disposal, you can initiate trading activities and explore market opportunities. Upon successful verification of your account, a R900 No Deposit Bonus will be credited to your trading account. Lime Fx $50 No Deposit Bonus Accounts are available in USD currency only. The Bonus can be lost, but cannot be withdrawn under limefx any circumstances. The Lime Fx $50 No Deposit Bonus Program will run from November for an indefinite period. The Company reserves the right to terminate this Lime Fx bonus program at any time and without prior notice.

Fill in your country, Gmail, and other necessary information. Additionally, submit the required account verification documents. The Lime Fx $50 No Deposit Bonus Program can only be applied to one (1) account per Client and per IP address. The Lime Fx $50 No Deposit Bonus is only available to Company’s new Clients who open a new myHotForex account from the dedicated landing page. I did not know why they were calling themselves the World Leader in Online Trading, but I definitely knew that this broker had some skills to brag about.