He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. Thanks to its combined offering of both Trading Station and MetaTrader 4 (MT4), LimeFx delivers a reliable, feature-rich mobile experience for forex traders. When making a deposit into your account with a credit card or debit card (Visa or MasterCard) there is a minimum of $50 per deposit and a limit of $30,000 per month for all LimeFx clients. LimeFx offers 24/5 award-winning customer services with customer support contactable via live chat, email, phone and even SMS text message. If you wish to call LimeFx, there are 42 country-based numbers one can call from.
Are there LimeFx account Types?
- The asset selection at LimeFx remains somewhat limited but sufficient for trading strategies requiring fewer highly liquid assets.
- Trading Forex, CFD, Binary Options, and other financial instruments carry a high risk of loss and are not suitable for all investors.
- The deposit and withdrawal options offered by the St. Vincent and Grenadines subsidiary are the best, while others offer limited choices.
- LimeFx was not asked to make a minimum deposit by imposing anything.
This type of trading allows you to copy the trades of experienced traders, making it a great choice for beginner traders wanting to learn the trading strategies of successful traders. One of the key features of the Zulu trade is the social element. The feature gives users the ability of traders to share ideas and strategies and help other traders. Zulu Trader has over 1 million users, making it one of the larger social trading communities available. These stats show that LimeFx completes your orders with no slippage more than 60% of the time.
Risk Warning:
LimeFx’s pricing for forex trading is slightly higher than the industry average. Internal processing times for most payment processors are almost instant, but LimeFx states up to 24 hours, except for bank wires, which can take up to five days. Log into the LimeFx client portal limefx website and navigate to “Deposit” next to the trading account you wish to deposit. LimeFx can be compensated in several ways, which includes but are not limited to adding a mark-up to the spreads it receives from its liquidity providers, adding a mark-up to rollover, etc.
How much does LimeFx charge for withdrawal?
Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. LimeFx is also a great option for beginners, due to its wide range of educational materials and easy-to-use platforms, including its latest integration with TradingView. If you prefer to place orders by phone, LimeFx offers a trading desk line that can be handy should you experience an interruption in your internet connection. However, this Forex broker promotion bonus amount cannot be withdrawn immediately. The execution speed of an LimeFx Withdrawal will depend on the withdrawal option selected. Execution speed can range from instant up to 1-2 Business Days.
What are the LimeFx deposit and payment methods? (How to deposit)
You can quickly deposit deposits with an LimeFx broker through an e-wallet and credit card or debit card. The broker will be able to check the minimum deposit and the minimum deposit will lead you to a large investment. Broker-dealers are reluctant to deposit $300 or more directly in the first step. The minimum deposit is very useful for potential clients in LimeFx brokers. Combined with CFD and Forex trading, you can understand how important a minimum deposit is. So most new traders in brokers look for forex and minimum deposit terms.
Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. LimeFx’s tiered approach ensures accessibility while also accommodating traders with varying levels of experience and capital. Withdrawal can be done by card, Bank Wire or Skrill, Neteller and in Australia by Electronic Funds Transfer and Union Pay. While there are no withdrawal requirements, there are fees when using Bank Wire and Union Pay. Commissions with most other brokers are $7.00 round-turn, while Active Traders can be as low as $5 round-turn.
The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds. All financial transactions occur in the secure back office of LimeFx, MyLimeFx. The deposit and withdrawal options offered by the St. Vincent and Grenadines subsidiary are https://limefx.group/ the best, while others offer limited choices. 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.
LimeFx caters to most international traders, including residents of UK, Australia, South Africa, and Malaysia. Like most international brokers, LimeFx does not accept US traders. Since 2010, LimeFx has received 35 industry awards from well-respected sources.
An Interest-free account is targeted at Swap Free Islamic Accounts who are forbidden from earning (or paying interest) as it is forbidden by Sharia law. LimeFx add an extra 0.4 pips to the spread for Standard accounts and a $2.00 commission per lot (per side for commission-based accounts in place of overnight fee or swap rates. Our forex comparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner site. LimeFx generally does not charge commissions on deposits, but conversion fees may apply if depositing in a currency different from the account base currency. Moreover they offer 20,000 USD in their demo account as virtual money to start trading for learning. But their virtual money & demo account will be expire after 30 days of inactivity.
The fifth step in the application process is to complete both contact and employment information, followed by questions in regards to the applicant’s trading history. LimeFx’s in-house education is above average, and primarily takes the form of articles, videos, and content produced for its LimeFx YouTube channel. Welcome to Forex Wink here you will find only the truth about Forex brokers.
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