The extensive support system in place is superior to most competitors, but very few traders will be likely to ever require it. LimeFX caters to most traders from its CFD account type, with the primary difference being by regulatory jurisdiction. The asset selection at LimeFX remains somewhat limited but sufficient for trading strategies requiring fewer highly liquid assets. It is unfortunate there is not a wider choice of Forex currency pairs as the infrastructure implemented by LimeFX provides excellent trading conditions. Here is a screenshot of the LimeFX Trading Station platform during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads.
Top Features
It can create unrealistic trading expectations, and the absence of trading psychology negates the educational value. Although it can be helpful, new traders should complete their education with a real money account before becoming overly confident. If you want to save a lot less money, you may have to pay a much lower fee here at LimeFX. However, it will only cover the fees applicable to the LimeFX payment system. You can quickly deposit deposits with an LimeFX broker through an e-wallet and limefx forex broker credit card or debit card. Compare Forex Brokers was created to help Australian forex traders find the right broker to suit their trading requirements.
Is there a rollover fee added with LimeFX trading?
We’ve made it easy to compare the best forex brokers, side-by-side. Our research is unbiased and independent; learn more about how we test. The range of markets available with LimeFX is quite broad however you can find other brokers that offer more choices for each financial instrument. 39 currency pairs, for example, would put LimeFX at the lower end of the broker for currency choices. If you prefer social or copy trade, then Zulu Trader might be your preferred choice of the trading platform.
In order to transfer funds between accounts, please log into MyLimeFX. You can check the status of your deposit online by running an “Account Report” on MyLimeFX, or by logging into your account and viewing the Account Balance or Equity. Visa prepaid cards cannot be accepted for deposit (this includes prepaid cards with your name on it). When using gift cards or prepaid cards, the limefx scammers origin of funds cannot be verified and therefore are not accepted. Deposits received in this manner will be returned to the originating card.
LimeFX minimum deposit – Payment methods tutorial
(It is best to confirm with your bank that your new card is linked to the same account as your previous, expired/replaced card). Meaning, that funds will be returned to the same card used for the deposit as a ‘purchase return’. Credit or Debit Card Time frames will vary depending on the credit card issuer and may take up to one billing cycle to post back to the credit or debit card used for funding.
He became an expert in financial technology and began offering advice in online trading, investing, and Fintech to friends and family. A major advantage of using the free demo account is that it allows you to understand and get to know how LimeFX works without having to spend any money. If you are new to Forex trading, the free demo account is a great way to get to know more about trading Forex as a beginner. Either by email/phone number/WhatsApp/live chat, you can contact support for any kind of queries.
- Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors.
- If this is your initial deposit, the minimum to open an Individual account is 50 CCY.
- Neteller If you have funded via NETELLER you may withdraw via NETELLER.
- LimeFX is under the regulation of some of the top-notch organizations.
- In order to transfer funds between accounts, please log into MyLimeFX.
User Experience
Besides, traders and investors can also make deposits using wire transfers. Electronic wallets are also supported, like Union Pay and Neteller. FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader. There is a very high degree of risk involved in trading securities.
The minimum deposit for LimeFX brokers is only $ 300 for the EU. However, active traders need to deposit a minimum of $ 25,000 for their accounts and trade high volume. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. 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. If you funded your account with a credit card or debit card, it is required to withdraw the principal amount (deposit amount) back to your credit card. The credit card issuer may take from five business days to one billing cycle (approximately thirty days) to post back to the credit or debit card used for funding.
Once LimeFX verifies your account, you can deposit any amount you wish to trade with. You will though at least have to meet the stipulated minimum deposit amount. It is important to highlight that the most famous payment methods are offered with no fees charged from LimeFX’s part. The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose. And lastly, advanced and modern designed trading tools are the center of attraction for many passionate traders.