LimeFx Minimum Deposit Reviewed ️ 2023

Enter the amount for a minimum deposit on LimeFx broker and click on the green “Deposit” button. Please note that we recommend beginners open a demo account first. After filling in a simple contact form, you will receive a login and password in an email. Enter them on the trading terminal to launch the simulator. On average, rookie traders spend 2-3 months trading with virtual money before switching to live mode and making an LimeFx minimum deposit.

It also includes education about various analysis tools, like Bollinger Bands and the Avramis Ribbon. At the top of the page, you will see the upcoming seminars. At the time of writing, 16 were listed in a range of countries from the Philippines to Mexico. The Market Preview page features daily previews of the European open.

  • To make a payment by debit card, you need to specify the card number, cardholder’s name, expiry date, and the CVV2 code from the backside of the card.
  • While Most E-wallet could take from few minutes, Card methods and Bank transfers will surely take longer, for example, 1-3 business days.
  • The tеrm itѕеlf refers tо thе fact thаt thеу do nоt аllоw any ѕwаррing оr оvеrnight rоllоvеr intеrеѕt оn роѕitiоnѕ (see Islamic accounts).
  • There are no trading bonuses and no deposit bonuses, plus hedging is allowed.
  • All you need to do is make sure that you are giving the correct information.

LimeFx’s micro accounts have a $5 minimum deposit, which is a good fit for their micro-accounts. Traders of every regulatory area can use these accounts to trade micro-lots at excellent rates. The South African national currency could not be used for trading with LimeFx several years ago. So the broker introduced ZAR as a new base currency due to South African traders making up the largest group of traders at LimeFx. We’ve already discussed that the broker offers its clients the possibility of depositing and withdrawing funds in more than ten different currencies.

LimeFx Ultra Low Standard Account

Its philosophy is to earn loyalty as a way to ensure the satisfaction of clients. LimeFx recognizes that credibility and reputation are closely linked. LimeFx Group has evolved into an online multi-asset broker offering 57 currency pairs and 1000 CFDs. Five CFDs on cryptocurrencies are also offered covering Bitcoin, Dash, Ethereum, Litecoin and Ripple. Founded in 2009, LimeFx group provides traders with the full MetaTrader platform suite by MetaQuotes Software Corporation. LimeFx is an online broker and trading website that allows clients to trade a range of assets.

  • Deposits made using means other than credit or debit cards will not be reflected right away.
  • Several years ago, South African traders were not able to use their national currency for trading with LimeFx.
  • Since these providers may collect personal data like your IP address we allow you to block them here.
  • They don’t offer their own propriety trading platform, instead opting to support Meta Trader 4 & 5.
  • Secondly, the choice of instruments is impressive — over 1,000 FX pairs and CFDs.

And when I made sure there were no problems, the funds turned out to be a very long process… They are also licensed by a number of other regulatory bodies including the FCA and ASIC. LimeFx has over five million clients from more than 196 countries. The company offers a variety of different account types and spreads starting from as low as 0 pips. The company also offers multiple trading platforms, including MetaTrader 4, MetaTrader 5, and Webtrader.

Therefore, they would like to determine the LimeFx deposit and withdrawal methods to decide accordingly. One factor affecting the choice of deposit or withdrawal method is the country where the trader is residing. Some payment/withdrawal methods are prevalent in each country due to several factors, and the trader will usually use that method since the fees will be less.

Traders of all experience levels can learn to trade skillfully using the site’s inclusive educational suite. In addition, for any questions the LimeFx team is ready to respond promptly in the correct language, as support team is available 7 days a week (24/5 for the EU-regulated entity). Ultimately, LimeFx shines in the areas that are most important for traders who value accuracy and cost-efficiency over other value-added perks. MetaTrader provides a relatively straightforward user experience with all functionality placed logically such as tools for analysis, order history and open trades, charting, and more. The LimeFx app (free to download for both iOS and Android devices) gives users genuine extension of trading functionality on the go through the MT5 platform. Through the app users can research their investments, track their portfolio and easily manage their account.

LimeFx Zero account

You may be charged a set fee when you deposit a certain fiat currency into your profile. For example, when putting money by a credit card, fees are well-known to be exorbitant. If the stockbroker allows you to fund your account using a credit card, this is a possibility. LimeFx is regulated by the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities limefx courses scam and Investments Commission (ASIC), and the International Financial Services Commission (FSC). LimeFx offers 25+ secure payment methods, Negative Balance Protection and is trusted by over 5,000,000 clients in over 190 countries from across the globe. The minimum deposit amount required to register an LimeFx live trading account ranges from $5 USD – $10’000 USD.

Fees & Commissions

Depending on where you are based, LimeFx also offers some nice signup bonuses including a no-deposit bonus of $30 and another 100% bonus matching your deposit up to $5000. You can contact the company via its registered address at No.5 Cork Street, Belize City, Belize, C.A. Or you can take advantage of the support email address or the live chat. Both the live chat and phone support are available 24/5 for convenience. This way, clients do not have to wait to get answers to important questions. Like most brokers, LimeFx offers a range of seminars and other educational tools to help traders enhance their skills. This includes hundreds of seminars that have already been hosted around the world, with more to come.

Best Forex Brokers in Germany

The company boasts that over 99% of its trades are executed in under one second and matched without any problems retrieving quotes or orders being rejected. As such, LimeFx is one of the names most trusted by professional and retail traders for whom small mistakes or latency could prove costly. All LimeFx users have access to various types of accounts offered by LimeFx. Review the payment information, confirm, and enter the payment details. To make a payment by debit card, you need to specify the card number, cardholder’s name, expiry date, and the CVV2 code from the backside of the card. at a Glance

You can have up to 200 open positions simultaneously, with 1 lot equal to 1,000 and up to 100 lots per ticket. Both CFDs and cryptocurrencies are complex leveraged instruments and carry a high level of risk. You should carefully consider whether you understand how these instruments work and whether you can afford to take the risk of losing your money. Jason Morgan is an experienced forex analyst and writer with a deep understanding of the financial markets.

Ultra-low account

That holds valid for both of the popular account types; the Standard and Micro accounts. Depending on your regulatory jurisdiction, you may be able to access alternative account types and minimum deposits that are far larger than the one we just discussed. As with most top brokers, LimeFx accounts can be opened in various base currencies. You trade with the LimeFx base currency, depending on the type of account and regulation under which you operate. You might have access to different account types and different minimum deposits, which can be considerably higher than the one we’ve just discussed.

Another noteworthy aspect of the LimeFx broker is the variety of trading platforms it offers. Traders have the option to trade using MetaTrader 4 or MetaTrader 5, both of which are available on PC, Mac, and mobile devices. This ensures that Kenyan traders can monitor their trades and make timely decisions, a crucial aspect when trading with an ‘LimeFx minimum deposit in Kenya’. The LimeFx broker, headquartered in Cyprus, has earned a strong reputation in the financial industry since its establishment in 2009.