LimeFx Review 2023: Pros, Cons, Fees & Features

When we tested customer support, an agent was connected almost immediately both on live chat and phone. We got relevant answers on both platforms.We also received relevant answers to queries sent by email. The response time was about one day.The only thing we missed was 24/7 availability. You can’t change the leverage levels of the products, which is a drawback. Changing the leverage manually is a very useful feature when you want to lower the risk of your trade. Be careful when trading forex and CFD as the preset leverage levels may be high.

  • We found them to be very trusted in terms of the regulations.
  • A trader depositing via card regularly may start trading only with $50.
  • The minimum deposit amount required to register an LimeFx live trading account range from $50 USD to $300 USD.
  • The texts on this page are not are not investment recommendations.
  • LimeFx does not charge, but the selected payment processing provider might charge a small handling fee.

Yes, LimeFx has powerful registration and ensures a trader’s asset security. WhatsApp, email, live web chat, trading desk, physical international offices, and international free customer service phone numbers. It doesn’t matter if you are a newbie or an expert investor, LimeFx cares equally for every client. For 20 years LimeFx has delivered unquestionable customer care services 24/5 and has received several regional as well as international awards. A trader will get a deposit bonus of up to $300 and to avail of the bonus, all you need to do is to open an account and deposit at least $50.

How to withdraw funds from LimeFx with Credit or Debit Cards

If you get stuck during the process, you can always reach out to LimeFx’s customer support. At LimeFx, customer support can be reached via live chat, phone and email. This means that you have to deposit at least $50 to be able to start trading. No, No stand-alone loyalty program is made available to traders at this time. LimeFx does offer both a Sign-Up / Welcome bonus of  $25 USD  plus a Deposit Bonus of up to $300 USD respectively.

The stock exchange listing increases transparency, as the company publishes annual reports.LimeFx was founded in 1999. The company’s more than 20-year history signals that LimeFx can sustain operations despite periods of economic distress. The company had been fined multiple times from 2005 to 2017 and there were name changes also. However, we did not find any problems from 2018 onward.Being regulated by a top-tier regulator is a great sign for LimeFx’s safety. Only the clients of Forex Capital Markets Limited and LimeFx EU LTD are covered by investor protection. The deposit currency for LimeFx will be dependent on the base currency a trader has chosen.

  • It has great technical research tools, including many technical indicators.
  • Non-trading fees include various brokerage fees and charges at LimeFx that you pay not related to buying and selling assets.
  • The account balance for the Active Trader account is $25’000 USD.
  • The response time was about one day.The only thing we missed was 24/7 availability.
  • You can build and save your own layout.However, first you need to get used to the logic of the platform before you can become a power-user.

EToro aims to revolutionize the way traders invest, and enhance investors’ financial education. EToro offers a Multi-Asset platform with access to over 2,000 different financial assets. LimeFx is a forex and commodities broker that provides award-winning trading services and facilities to both retail and institutional clients worldwide. Furthermore, LimeFx allows both scalpers and traders using expert advisors unrestricted access to its liquidity. If you plan to trade in high volumes, LimeFx’s Active Trader account is your best option.

CMC Markets Overview

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. If you trade CFDs, the balance in your account will change constantly in line with the gains or losses accrued and the size of the trades. If the amount in your account drops below the required margin, you will receive a margin call to deposit more money. Accounts funded via debit or credit card may be subjected to receiving withdrawals via the same debit or credit card. To withdraw funds from your LimeFx’s trading account, please send a request from the client portal. To make a deposit to LimeFx’s trading accounts, you only need to log in to LimeFx Official Website, and follow in-screen instructions.

This also applies to corporate funds received for an individual account and similar scenarios. Within minutes of making a deposit, an email containing your transaction information will be sent to the email address as indicated on the online deposit form. There is a Market Scanner feature that shows whether you should buy or sell, based on technical indicators like RSI or MACD. You can set alerts and notifications on the LimeFx mobile platform. LimeFx provides only a one-step login for its mobile platform.

What are the benefits of using a low minimum deposit broker?

Overall, the minimum deposit amount required to register an LimeFx live trading account range from $50 USD to $300 USD. With their standard live account a LimeFx client can get active trader status by maintain a balance of 25,000 USD. For active traders there is even tighter spread and dedicated support and also there is a less commission on the traded volume. There are general margin requirements for all stocks when you trade stocks/ETFs on margin at a US-regulated broker. In both cases, you have to comply with margin requirements and maintain the minimum account balance at all times. Typically, you choose to fund the account using your local bank, but you could also use an overseas bank.

Deposit fees and options

Reviewed below are the account types at LimeFx & their features. LimeFx broker is a perfect friend/platform for both a new trader and an expert. Since the minimum deposit is so budget-friendly for even an 18+ trader, most of the new traders are interested to trade in a standard account. All credit or debit card transactions are automatically converted to the base currency of your LimeFx trading account. There are various methods to make a deposit and withdrawal of funds to/from LimeFx’s trading accounts.

LimeFx also allows you to use many more methods for depositing deposits. Such as Skrill, Neteller, Union Pay, Visa, Master Card, and bank wire. For LimeFx account users, deposits must be transacted in USD ($) and Europe (€). You can only use these two currencies when transacting LimeFx. In this case, you have to convert your balance to this currency otherwise you will not be able to deposit with an LimeFx broker. When you change your currency, your deposit may change financially.

LimeFx Deposit Fees

With LimeFx, you can also use an eWallet option to fund your account. Funding is fee-free, and the deposits are processed instantly. However, there is a possibility that it could take up to one business day on rare occasions. The limefx website is $50, while European and British traders are required to deposit at least $300 to open a real account. The reason why this broker is so popular is that no charges are levied on the deposit.

Once LimeFx confirms your address proof, you will be redirected to MYLimeFx (Personal area) and start trading. Or if you are confident about your trading skills then you can directly open a real account. To open an account click on the ‘open an account button and fill out your country of residence, email address, account type, and platform type. Later submit Limited Trading Authorisation (LTA) and for TRADINGVIEW PRO account email to with the subject line FREETRADINGVIEWPRO.

If you want to save a lot less money, you may have to pay a much lower fee here at LimeFx. However, it will only cover the fees applicable to the LimeFx payment system. You can quickly deposit deposits with an LimeFx broker through an e-wallet and credit card or debit card. The broker will be able to check the minimum deposit and the minimum deposit will lead you to a large investment. Broker-dealers are reluctant to deposit $300 or more directly in the first step.

On the other hand, fast and expert traders may take the experience of an extremely volatile market by choosing the NinjaTrader platform. LimeFx broker offers bonuses in the form of either Rebates or Special offers. A trader can easily get started with any of the platforms of LimeFx within a few minutes. And the steps leading to access to the platform only take a few easy steps.

Similarly to LimeFx’s web trading platform, we tested LimeFx’s own mobile trading platform, Trading Station. The web trading platform is available in several languages. There are a lot of deposit options at LimeFx, including electronic wallets such as Neteller, Skrill, Unionpay. Here are a few of the key areas where we felt LimeFx did well when it comes to their minimum deposit and some in which they could do better. Click on either blue Open Account button located on the LimeFx homepage in order to start the process. Once this step has been completed, the applicant will be met with an explanation page with a larger Open Account Button.

The cons of opening an account with a low minimum deposit forex broker will mean that forex traders are limited in their position sizes. RoboForex is a trusted online broker that provides trading assets on its Pro-Cent, Pro-Standard, and RAMM live accounts. RoboForex offers a wide selection of trading platforms, including MT4 and MT5.