You should never invest money that you cannot afford to lose. If you want to deposit in Lime Fx, the process is quite simple. You can make online transactions through your debit or credit card. The platform also allows you to deposit through Neteller, Skrill, BTC, and wire transfer.

Become a professional trader with Lime Fx

It will be converted at competitive market rates at that time to either USD or EUR. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Opinions, market data, and recommendations are subject to change at any time. The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds.

• The broker was regulated, I quickly created an account and started trading.
• In a broker trade, the minimum deposit should be given much importance so that the customer is attracted to it.
• You must have known FBS and Exness which always appear in several advertisements on social media.
• At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers.
• We can say with confidence then, if you like trading with an ECN broker and are looking for a fast, low-spread environment, Lime Fx would be a top choice.

This allows Lime Fx to credit the account before receiving the funds, which typically can take several days to complete. This is what makes Lime Fx unique and definitely worth checking out. When considering entering the world of online trading, one crucial aspect that traders often consider is the minimum deposit required by various trading platforms. Lime Fx, a renowned name in the forex trading industry, attracts attention due to its user-friendly interface, diverse offerings, and competitive features. Lime Fx offers a unique feature with its bank wire deposits, which take only one to three hours versus three to ten business days at competitors.

Choose how to transfer

He expands his analysis to stock brokers, crypto exchanges, social and copy trading platforms, Contract For Difference (CFD) brokers, options brokers, futures brokers, and Fintech products. Minimum deposits at Lime Fx will vary depending on your country of residence and your chosen payment method. They can go as low as $25 (USD) when funding with Visa/Mastercard, to 50 euros (EUR) when using Skrill/Neteller to as much as 500,000 Indian rupees (INR). It’s important to note limefx forex brokers reviews that minimum deposits and trading costs will also depend on which Lime Fx entity you choose for establishing your trading account. Founded in 2011, Lime Fx holds a regulatory license in Europe via its Cyprus-based entity – Lime Fx Markets Cyprus Ltd – which is regulated by the Cyprus Securities and Exchange Commission (CySEC). In South Africa, Lime Fx provides financial services to clients through an intermediary, Orinoco Capital, which is licensed by the Financial Sector Conduct Authority (FSCA).

To withdraw funds, customers’ free margin has to exceed the withdrawal amount, then they have to complete the verification process and get their accounts verified. The broker claims to process all withdrawal requests received within 1-3 hours. Depending on the withdrawal method used, the minimum withdrawal amount is $5.

Lime Fx MT5 Account: Best for advanced traders

• Although increasing your margin could boost your market exposure, it also raises your vulnerability to losses.
• During account creation, you can only use USD as base account currency.
• Depending on the withdrawal method used, the minimum withdrawal amount is $5.
• You can find copy trading applications and an in-house trading application here.
• These typically take 1 day to process or less, though a wire transfer may take longer.

The broker also offers copy trading services an accessible minimum deposit. Demo accounts are trial accounts funded with virtual money, and traders using them owe nothing to the broker. These accounts serve only for practice and testing, and their inactivity has no financial impact on the user. The Lime Fx minimum deposit is $25 for both commission-free trading accounts, but Lime Fx recommends $100 as a starting minimum. Explore additional up-to-date info about Lime Fx, in our Lime Fx broker review. E-wallets can be a https://limefx.vip/ safe payment option offered by brokers, but it’s crucial to do your homework and understand the security measures in place.

Risk Management

The only exceptions here may be in the case of your deposit not matching the base currency on your account, you would then have to pay a conversion fee. Your bank may also charge you a commission or fee on wire transfers, though there is no fee directly from the broker. The Lime Fx MT5 pro account is one which they recommend for the more experienced traders. With that said, the minimum deposit here is still low enough for all types of trader to get involved. This is $50 minimum deposit within the EU with the account being available worldwide. In this Lime Fx review, you will find everything you need to know on the key areas of the broker like spreads, account types, and security.

Lime Fx Deposit and Withdrawal Guide

Here will have an account that is totally Sharia law compliant and benefit from the award-winning service of Lime Fx in the area. Until recently, the broker had also been regulated by the FCA, however Lime Fx decided to voluntarily suspend their regulation here due to Brexit until the future situation of the UK becomes clearer. When it comes to regulations, Lime Fx is regulated by CySEC under #372/18, and by the regulatory body of Saint Vincent and the Grenadines under #19776. If you want to expand your research, and evaluate some options similar to this broker, you can consult the alternatives to Lime Fx.

The promo codes, according to their customer support, is a unique offer for some new clients. Nevertheless, new users can always use the promo codes of Lime Fx affiliates to receive bonuses or chat with the live support on their website to get the promo code. Lastly, low spreads, user customized account types, 0% commissions, fast payouts and a rich educational library are the company’s strong points. Although Lime Fx is regulated by just 2 regulatory bodies, it does business in multiple jurisdictions worldwide. It prioritizes its clients’ account safety by keeping clients’ funds in segregated bank accounts. Lime Fx employs state-of-the-art technology and advanced security protocols, which includes SSL web encryption and two-step authentication to protect clients’ confidential data.

An example of such a feature is the Lime Fx Demo Account, carefully crafted to replicate authentic market conditions and offer a seamless trading experience. This minimum deposit is equivalent to roughly ZAR 447 at the current exchange rate between the US Dollar and the South African Rand at the time of writing. You can just directly access the website, fill in personal information, then the account that suits your need. Besides that, there is also a copytrading account if you are a professional and want to earn extra money.

The broker is very helpful and easy for all traders, who are new to the international commercial market. So you can start trading deposits at Lime Fx broker according to your preferred leverage package. Traders look for a minimum deposit broker before starting the first CFD or Forex trade in the trade market. Traders search for the right Forex and CFD broker for only the minimum deposit.

Lime Fx has multiple contests, including a demo contest and an Archive contest. You can win up to a $1000 prize in the demo or Champion contest by efficiently trading with your demo account. Trading in the Muslim community is considered haram, but swap-free trading accounts, which do not include interest charges, are considered legitimate. Through the app, you can directly reach the broker’s customer care team, which provides 24/7 services and prompt responses within 30 seconds.

Available accounts include the MT4 Account (ideal for habitual traders), and the Islamic Account (swap-free for Muslim traders). Advanced traders and money managers can access the MT5 Account, which offers higher leverage, lower margin requirements and additional benefits. Furthermore, this account type frequently includes increased support services, which provide traders with rapid advice and direction. Only three account types are available at Lime Fx, and none have ZAR as the base currency. Internal deposit times can be instant or take up to three hours, even for bank wires, which Lime Fx has optimized with its deposit notification process.