LimeFx was first started back in 2009 in London and now they have an offering of more than 400 different instruments. Once all your details are completed and you have proceeded to the next step, select the payment method you would like to use with the amount you would like to deposit. If you already have an LimeFx account, please state your account ID so that our support team can provide you with the best service possible. Please note that multi-asset trading is available only on MT5 accounts, which also allows you access to the LimeFx WebTrader. Transferring monies between various clients’ accounts and using other parties are prohibited. When opening an account, use the same currency with which you have opened the account.
How does the LimeFx minimum deposit compare with other major brokers?
- Yes, based on your detected country of FI, you can open an account with this broker.
- You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money.
- LimeFx does not share the personal information and account information of users.
LimeFx trading broker is regulated by several regulatory bodies, which ensure that it keeps users’ funds safe and secure at all times. These regulatory bodies include the Financial Services Commission, ASIC, and CySEC. These agencies ensure that LimeFx consistently complies with best practices and remains transparent when dealing with clients. This makes it one of the most trusted brokers as far as investor protection is concerned. Trading in forex, stocks, cryptocurrencies, CFDs, indices, and commodities carries the potential for financial loss and may not be suitable for all investors. Moreover, losses in leveraged products may exceed your initial deposit.
Consider the size of leverage
LimeFx is one of the more experienced brokers in the world of online forex trading today. Since its founding, the broker has experienced a lot of changes, including the addition of the Ultra-Low Account and EN Live Edu that https://limefx.group/ is instructed by 16 global experts. LimeFx Group is a group of regulated brokers and it is owned by Trading Point Holdings Ltd. Entities under LimeFx Group have significant experience as financial services providers worldwide.
Unlocking Bonuses: How LimeFx Broker’s Bonus Program Works
Features such as free deposits and withdrawals make LimeFx a perfect trading platform for traders. LimeFx offers you deposits and withdrawals that take as little as two or three days to process. When withdrawing money, this is critical as the user gets their money very quickly compared to other trading platforms. Micro account or Cents account is the best option for low-cost Forex trading with LimeFx. Apart from the LimeFx Forex broker minimum deposit low requirement, the account type also offers trading in micro-lots instead of the standard lots. The next cheap option is a Standard account which closely resembles the Micro account but operates in standard lots.
Before you decide whether you want to create LimeFx ultra low account vs standard account or any other, let’s discuss the safety and security of the Forex broker. Making your first deposit is generally a pretty easy, painless process nowadays. Most non-US brokers will accept Visa, Mastercard, Skrill, Neteller, and bank wire. Here at Forexbrokers.net, we take pride in helping our readers find the best possible financial service providers and avoid fraudsters. We have a team of experienced professionals dedicated to providing accurate and up-to-date information.
Why is It Important to Know Where Your Broker Subsidiary Is Regulated?
LimeFx is a broker that has been around since 2009 and now employs more than 300 people. They have a diverse offering of instruments, which caters for the needs of their users in an adequate manner. In total, there are 356 different CFDs offered by LimeFx, with five of these being cryptocurrency CFDs. There are 57 currency pairs on offer and they don’t offer any ETF products. This includes over 350 CFDs, as well as 57 currency pairs and 5 cryptocurrency CFDs.
Bank Wire Transfers take anything from a day to a few business days depending on the time the payment was made during the day along with the day of the week, according to research in South Africa. As we have already mentioned, the broker was established many years ago, back in 2009. Since then, the company has partnered with numerous industry experts and has managed to become a true market leader. We believe that choosing the right broker is the key to success in online trading, and we are committed to helping you do that. If you’re looking for reliable and accurate information about brokers, you’ve come to the right place. The phone support is also great and you can access it in various languages.
For their global approach, LimeFx has ensured that traders from various countries could access their service easily. This results in the provision of different domains specified for traders in certain jurisdictions. For example, traders from Indonesia could access LimeFx via this link. One of the most important limefx aspects to consider when choosing a broker is the ease of making payments. After all, you must always make a deposit before you can open a trade. Every broker has a different set of rules regarding deposits and withdrawals, so it’s important to learn about the system before you register.
This protection includes a 50% margin call and a 20% stop-out level to manage potential losses. In cases of slippage leading to a negative balance, LimeFx resets the account to $0, preventing debt accumulation. While many of the best brokers charge traders a commission fee for stock CFD trading, LimeFx provides commission-free commodity and share trading. On TrustPilot, LimeFx has an average score of 3.3 out of 5 from 531 reviews. This score suggests that there may be some issues with client satisfaction, offering a varied perspective on the broker’s service quality and customer experience.
These fees are LimeFx’s cover, but like we said for monthly and yearly fees, you have to pay them yourself. If the bank offering LimeFx is the same as your bank, there is no transfer fee. E-wallets are also the best choice as they allow instant deposits and withdrawals without fees (as LimeFx covers all fees). Deposits and withdrawals are essential parts of trading on a brokerage platform. LimeFx provides multiple deposit methods with no deposit fees and several account base currencies.
Leave A Comment