Here in the table below, we compared LimeFxFX with two other trustworthy brokers for you to take a look at. LimeFxFX wire transfers are available to traders within Europe only at this time. This is one of several common deposit methods that the broker offers. In addition, there is trader account security implemented by the Investor Protection and Compensation Scheme in case the broker goes bankrupt.

Secure SSL encryption helps make your information confidential and inaccessible to third parties. 3-D Secure technology adds an authentication step for protecting your online VISA/Mastercard payments. To traders, it is helpful as a popular broker and minimum depositor. There are three types of trading opportunities that are provided to traders with trading accounts. The accounts are ECN account, micro account, and pro account. Each account type has different trading platforms and leverages.

LimeFx Best Countries by Traders

Then, check them again and confirm the transaction by clicking the “Submit” button. Now you just need to wait for the funds to be reflected in your account. Deposits for LimeFxFX account users must transact in USD ($) and Europe (€). If there is any other currency in the account then it has to be converted into that currency.

LimeFx is a Forex Broker that offers Forex ECN Trading, as well as CFD trading on Indices, Metals, and Cryptocurrencies across both the MT4 and MT5 trading platforms. LimeFx offers a wide range of trading accounts and access to copy trading, bonus promotions, plus a wide range of research tools. Additionally, the broker also offers a proprietary mobile app. When we used the LimeFxFX app, it was easy to integrate an existing MetaTrader profile into the branded app.

Moving forward with secure trading

Once you have opened and verified your account profile, you can begin trading. The account holder can now make their first deposit and the account has been successfully ☑️ created. In addition, the ability to trade with CFDs and cryptocurrency is available. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs.

Trading with LimeFx will involve minimal fees, spreads from 0.6 pips, and commission-free trading depending on the account traders select. The required minimum deposit to open an LimeFx account is $100 USD. LimeFxFX does not have authorization from the Reserve Bank of India (RBI).

Can you trust LimeFxFX?

There is no pre-qualification or need to deposit in order to access this bonus amount. Bitcoin is growing in popularity as a funding method throughout the industry and is also offered by LimeFxFX. Deposits made with cards, e-wallets, or cryptocurrencies are usually processed within several minutes but can take up to 30 minutes. Bank transfers take 1–3 hours but can linger for up to one business day in rare cases. These deposits are usually processed almost instantly but sometimes take up to 30 minutes. Press Continue and wait for our confirmation.Deposits via local banks usually take 1–3 hours.

Trading Platforms

When you trade, you open a Buy order if you expect the price to go up and open a Sell order if you expect the price to go down. It means that you buy a certain amount at a lower price now to sell it back at a higher price later and gain profit from the price difference. Leverage reduces marginal requirements, the amount necessary to maintain a certain position, and helps you open orders with a volume larger than your balance would allow otherwise. It is important to note that the higher the volume of your order, the more you gain or lose. It is recommended to view the LimeFxFX Risk Agreement Statement, Client, Terms, and Conditions before starting trading. It is always important to do your research and make sure you are comfortable with a broker before jumping into trading with them.

When we used LimeFxFX’s trading terminals, the new order process was similar and relatively straightforward. You can utilize either market watch or one-click execution. After all the required details have been completed and submitted, a confirmation email will be sent to the applicant’s account.

Once the applicant’s email has been confirmed, they will be directed to the LimeFxFX website to fill in their personal details. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. LimeFx Markets Cyprus Ltd and LimeFxfx India Private Limited are owned by LimeFx markets incorporated.

How to open an LimeFx trading account

This account is also useful for beginners, because they just have to follow the master’s trading position. It’s also not difficult to open an account at LimeFxFX, you can immediately open your personal area, then the account you need. If you want a beginner-friendly and easy-to-use account, newbie usually use Metatrader.

If you’re just starting out, a demo account is a better option than the real one. It allows you to practise trading without risking your funds. You don’t need to make any investments—simply specify the amount of simulated funds you want to add to your account upon creation. These deposit options are only available for those trading within the global market regulation and again there are no commissions or fees to worry about from the LimeFxFX broker side. A demat account is a digital storage mostly used by Indian investors to hold securities in virtual form. The main difference between demat and trading accounts is that the former is just a repository, and the latter allows you to buy and sell your securities.

Spot gold and silver were offered at an average of 1.8 pips. Traders who live within the EU will have their accounts placed under LimeFx Markets Cyprus Ltd. LimeFx Markets Cyprus Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) and traders within EU can therefore trust LimeFxFX. However, deposit and withdrawal fees may apply with third-party participants. The minimum deposit base currency will differ depending on the region of trade.

Similarly, traders use the minimum deposit of brokers as an important criterion. Overall, The minimum deposit amount required limefx scam to register an LimeFxFX live trading account is $100 USD. LimeFxFX offers Islamic swap-free trading on 2 trading account levels.

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