The reason why this broker is so popular is that no charges are levied on the deposit. They may deduct some charges from the bank/third party through which you send money when depositing. So when depositing the deposit, the bank has to deposit along with the charge. Lime Fx provides multiple trading platforms, including MetaTrader 4, Trading Station, NinjaTrader, and ZuluTrade, catering to different trading styles and preferences. Yes, Lime Fx is a regulated broker in the UK, Europe, Australia, and South Africa, adhering to strict standards. Their global reach and regulation provide a high level of safety and security for traders.
- This account offers Lime Fx’s lowest spreads with the added benefit of discounted commission, dedicated support, and depth of market.
- (It is best to confirm with your bank that your new card is linked to the same account as your previous, expired/replaced card).
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Lime Fx standard spreads generally fall in the midrange when compared with other brokers with the most competitive spreads on offer appearing to be for AUD/USD and USD/JPY currency pairs. No fees are charged for deposits or withdrawals via e-wallets. Withdrawals to e-wallets are allowed on Lime Fx, no fix withdrawal amount is enforced, withdrawals to e-wallets usually take 2 business days to clear.
Trading Fees
A trader can easily get started with any of the platforms of Lime Fx within a few minutes. And the steps leading to access to the platform only take a few easy steps. Unfortunately, Lime Fx is unavailable to U.S. traders at this point in time. Lime Fx is a market-making broker with a long history in the market, having been founded in 1999 in New York. Yes, however the corporate bank account name must match the corporate name with Lime Fx. However your bank may charge you for service fee and verification fee.
Account opening process of Lime Fx
Along with the most popular MT4 for desktop, mobile, or web the broker has given choices to select high-tech platforms like ZuluTrade and NinjaTrader. Later submit Limited Trading Authorisation (LTA) and for TRADINGVIEW PRO account email to with the subject line FREETRADINGVIEWPRO. With the email attach your username and Lime Fx account number.
User Experience
Starting from Forex currency pairs to shares, indices, and commodities including cryptocurrencies are open for any trader to execute the trade. Top up your account with the money asked by limefx official site the platform’s system. In terms of trading view pro, you need to deposit $300 and trade a minimum 500,000 trading volume to be able to open your platform access. You will be redirected to log into your online banking account to authorize the payment and the requirements may vary by bank. Yes, the minimum deposit amount is 50 currency units and the maximum deposit amount is 20,000 currency units per transaction.
Shares Account
The minimum amount required with Lime Fx is $200, which can be deposited via various methods, including wire transfer, debit card, credit card and eWallet. It should be noted that the minimum deposit with Lime Fx may vary depending on the type of trading account chosen, and the country of residence of the trader. Lime Fx minimum deposit is an opportunity for you to invest very little. This forex broker https://limefx.group/ allows the client to deposit a minimum of $100 in the first instance within the average range. Lime Fx was not asked to make a minimum deposit by imposing anything. If you want to check a broker then the minimum deposit is the only best solution.
Can Lime Fx send me a paper check?
- Forex Wink broker ratings serve as a valuable tool for evaluating Lime Fx’s minimum deposit offering.
- However, the transaction limits may differ based on the bank you select.
- The minimum amount required with Lime Fx is $200, which can be deposited via various methods, including wire transfer, debit card, credit card and eWallet.
- Lime Fx does not charge to receive funds into your trading account.
- If you have no funds in your trading account, the fee will not be charged and you will not accrue any negative balance.
Most credit or debit card deposits are processed within 1 business day, if not sooner. Trading Forex, CFD, Options, and other financial instruments carry a high risk of loss and are not suitable for all investors. 77-85% of retail investor accounts lose money when trading CFDs with the providers presented on this site. The information and videos are not investment recommendations and serve to clarify the market mechanisms.
Meaning, that funds will be returned to the same card used for the deposit as a ‘purchase return’. Bank Wires Domestic bank wires take about one to two business days and international bank wires take about three to five business days, often less, to arrive. The SWIFT Code is a standard format for Business Identifier Codes (BIC) and it’s used to uniquely identify banks and financial institutions globally – it says who and where they are. These codes are used when transferring money between banks, in particular for international wire transfers or SEPA payments. If you plan on sending less than 20,000 CCY, the best way to deposit is by credit or debit card. Visa prepaid cards cannot be accepted for deposit (this includes prepaid cards with your name on it).
If you own a bank account with one of the local Vietnamese banks, you may now fund your trading account with Lime Fx by logging into MyLime Fx with your live account username and password. Local Bank Transfer facilitates payments via online banking. If you own a bank account with one of the local Philippines banks, you may now fund your trading account with Lime Fx by logging into MyLime Fx with your live account username and password. The difference between standard and active trader accounts in Lime Fx brokers is that the mini account includes a dealing desk. The dealing desk plays a significant role in creating the Forex exchange rate. Market makers highlight business ratings by providing purchase and sale prices.
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. Lime Fx 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. Commission-based pricing is applicable to Active Trader account types.
When using gift cards or prepaid cards, the origin of funds cannot be verified and therefore are not accepted. Deposits received in this manner will be returned to the originating card. Third Party deposits violate Lime Fx’s Anti-Money Laundering policies and as such Lime Fx cannot accept any payments via a third party. Should third party funds be received, Lime Fx may ask for supporting documentation such as a Wire Confirmation and/or Bank statement in order to prove ownership.
The Lime Fx Standard Account has a minimum requirement of $50 (depending on payment method) when making an account deposit. When trading, you will still need to meet initial margin requirements to open trading positions. The FXTM Pro account is designed for high net worth individuals and institutional traders.
Many other forex brokers require a minimum deposit of $100 or more, so Lime Fx’s $50 minimum deposit is relatively low. However, it’s important to remember that the amount you de posit will affect your trading capabilities and potential profits. In addition to the above accounts, Lime Fx also offers a few other account types.
It offers access to deep liquidity pools, fast execution speeds, and no requotes. Filippo specializes in the best Forex brokers for beginners and professionals to help traders find the best trading solutions for their needs. If you want to discover other brokers offering a demo account, check out our top 10 of unlimited demo accounts.
Lime Fx operates four subsidiaries around the world that are overseen by different financial authorities. The leverage you are able to trade with depends on whether you sign up to the UK, European, Australian or South Africa entity. An Lime Fx No Dealing Desk Brokers determines the best execution means which can result in Lime Fx acting as a market maker or using a dealing desk. Our broker reviews are reader supported and we may receive payment when you click on a partner site.
You may fund your account once you receive your username and password. Otherwise, it may just be a delay and you should expect a “Transaction Notification” email to be sent once the funds are deposited into your account. We do have a number of easy deposit methods, such as Wire or Card. Also, once a deposit has been credited to your account, an email confirmation will be sent to the email address on file. You can check the status of your deposit online by running an “Account Report” on MyLime Fx. Once the deposit has been processed, the “Account Activity” section will show the deposit into your account.
Just go to the Lime Fx.COM website and over there you are given two options- 1. If you are looking for copy trading then activate the ZuluTrade platform. And in case you want to trade with an automated trading strategy then NinjaTrader has got you covered.
