As a more experienced trader, it allows limefx company reviews you to test any strategies that you may have. This means that even after you open your standard account, you can continue using the demo account to test your trading strategy. LimeFX generally does not charge commissions on deposits, but conversion fees may apply if depositing in a currency different from the account base currency. The online brokerage firm LimeFX requires a capital deposit from the trader owning the brokerage account to activate the CFD and Retail foreign exchange (Forex) trading platform. Today a customer not only wants to deposit funds with a regulated broker but also wants to explore and experience all the brand-new modern plugins and tools.
For this reason, this account is much more popular with brokers. 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.
- Not every broker publishes average spread data, and pricing structures vary.
- Use our country selector tool to view available brokers in your country.
- You may incur additional fees charged by your credit/debit card issuer for currency conversion.
- In the rare case that your account would not be « unlocked », your funds would be returned to their originating source.
Are there LimeFX account Types?
Accounts funded via credit or debit card will be required to receive withdrawals via the same credit or debit card. The time frame for the funds to be deposited into your personal account is largely affected by your bank or card issuer. If you determine that you originally funded via bank wire, go to your online banking website for the bank account you probably used. If the amount that is credited to your bank account is less than the withdrawal amount initiated by LimeFX, your bank may have used a “send-through” bank in order to receive the funds. If approved, LimeFX may be able to send your funds to an alternate bank account and/or currency as long as the name on the bank account matches the name on your LimeFX application. If the card you previously used is linked to your new card, you can proceed with a withdrawal back to the card on MyLimeFX.
Unfortunately withdrawals are not available through Local Bank Transfer at this time. Please login to MyLimeFX and choose an alternative withdrawal method. 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.
What is the LimeFX minimum deposit?
Yes, after you login to your account in MyLimeFX and go to the Deposit section, you will see which local banks are offering the Offline Transfer option. If your bank offers it, you will have to follow the steps and at the end you will receive a voucher. You will have to go to your local bank branch with the voucher and complete the payment. LimeFX doesn’t apply any deposit limitations, however our local partners and/or your bank might apply limits.
Popular Forex Reviews
Besides an incredibly detailed economic calendar and third-party market news, LimeFX Plus provides traders with exclusive trading signals free of charge for all live account holders. The Market Scanner allows traders to select a series of technical indicators and returns buy and sell recommendations based on the input. LimeFX also added services by FinTech firm eFXplus, featuring simulation and Forex trading recommendations by sell-side analysts from major banks, Quant models, and insights. Traders must trade 5.0 standard lots monthly for free access. LimeFX provides a great example of how to enrich your offerings and is truly a leader in this sector. LimeFX is a versatile trading platform that supports different payment methods to ensure traders and investors can easily make transactions.
If you own a bank account with one of the local Vietnamese banks, you may now fund your trading account with LimeFX by logging into MyLimeFX with your live account username and password. If you own a bank account with one of the local Philippines banks, you may now fund your trading account with LimeFX by logging into MyLimeFX with your limefx company reviews live account username and password. Credit or debit card transactions are converted to the base currency of your LimeFX trading account when applicable. You may incur additional fees charged by your credit/debit card issuer for currency conversion.
