You must have known FBS and Exness which always appear in several advertisements on social media. As for the Lime FxFx broker, I have never heard of this broker to be honest. I’m interested limefx reviews in this broker but maybe prefer to trade with a demo account to hone my trading skills.
How do I open an account with Lime Fx?
- Because of the many deposit and withdrawal methods provided by this broker, only international bank transfers are charged by this broker.
- So in most Forex and CFD brokers, you look for these minimum deposit terms.
- Moreover, the broker is highly regulated under two top-tier financial watchdogs, including CySEC and FSA, making the broker platform a reliable place to trade.
- This is an ideal account for beginners and smaller investments.
- Check out my picks for the best mobile trading apps in the industry.
- It will be a headache if you urgently need funds, but the data verification is rejected because of human errors, etc.
- Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.
It also provides for detailed analysis with market reports and more to offer. The platform also provides for a wealth of more than 50 charting tools and indicators, and caters for auto and copy trading through its EA feature. Ultimately this means you will have access to an extensive range of tools and indicators depending on your platform choice. There are a total of 51 charting indicators provided, and 31 drawing tools also.
Does Lime FxFX have Research and Education services?
The platform also allows you to deposit through Neteller, Skrill, BTC, and wire transfer. Therefore, you won’t run out of options, and that’s for sure. Lime Fx offers floating spreads only that vary according to market situations.
Champion Demo Contest
Whether there is a limit to the number of daily deposits of Lime FxFX. Lime FxFX only supports two deposit currencies to fund traders’ accounts. Apart from these two currencies, no other currency can raise funds. The minimum deposit in a trading broker is one of the conditions that help each broker to specify the portion of the deposit.
Here are some of the spreads we found on the most commonly traded assets with Lime FxFX as an example. One thing I really appreciate about Lime FxFX is that they don’t hit you with those overnight charges. It’s a relief not to worry about those eating into your profits. Quick responses whenever I’ve had a question or needed assistance. So many options to both put money and take it out, great organization of payments. Each platform has its pros and cons, but generally speaking, MT5 is seen as the more sophisticated choice.
MT5 Pro Account Fees, Spread, and Commissions
You can win up to a $1000 prize in the demo or Champion contest by efficiently trading with your demo account. John Bringans is the Managing Editor at ForexBrokers.com. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. Lime Fx is an up-and-coming broker that has been in operation for nearly 10 years.
- Lime FxFX generally does not charge commissions on deposits, but conversion fees may apply if depositing in a currency different from the account base currency.
- The minimum deposit on this type of account starts from only $25.
- Within Europe, the minimum deposit on the available account types of MT5 Pro is $50.
- The Lime Fx MetaTrader 5 (MT5) platform is user-friendly and has new features.
- Traders who use Lime FxTrader accounts get competitive spreads and access to various trading products.
- To get all the deets on the current bonus limits, it’s best to check out Lime FxFX’s official website or reach out to their customer support.
- The minimum deposit required to open the Micro Account is $25.
Lime Fx covers withdrawal fees, and you can expect to receive your money relatively quickly. While Lime Fx usually confirms withdrawals within 1-2 business days, remember to allow extra time for your bank to process the transaction. In MetaTrader Pro 5, a minimum deposit of 500$ will be accepted for the account. Foreign traders from Thailand, Indonesia, India, Pakistan, Malaysia will be able to deposit money using their local banks and withdraw limefx courses scam it through banks in the same way.
The account opening process at Lime FxFX is simple and fully digital, and the account is ready for trading in no time. New traders should click on the “Open an account” button at the top of the page, after which they will be asked to create an account. MT4 has been around since 2005, making it the elder of the two.