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Forex Accounts Multiple LimeFx Trading Account Types

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About The Event

78% of retail investor accounts lose money when trading CFDs with this provider. 81% of retail investor accounts lose money when trading CFDs with this provider. While the bank transfers are not instant at Forex.com as may take up to 48 hours to process, the debit card withdrawals are processed by FOREX.com typically immediately without any delays.

LimeFx Group is a group of regulated brokers and it is owned by Trading Point Holdings Ltd. Entities under LimeFx Group have significant experience as financial services providers worldwide. Almost every review on LimeFx Group labels the service with an average risk.

  • LimeFx offers occasional bonuses and financial incentives for new customers.
  • LimeFx is a globally recognized forex and CFD broker with 10+ million clients in 190+ countries.
  • There is also a help center with useful information on common problems, including withdrawal issues, account validation queries, and software download problems.
  • In addition to this, the users must submit proof of their permanent address by providing a copy of the utility bills for the last three months.
  • The Standard Account for LimeFx brokers has all the features of the Micro Account.
  • To gain access to any of the LimeFx trading platforms, you will need to have a demo or a live trading account.

Our management has visited over 120 cities globally to understand clients’ and partners’ needs. We do not provide our service to citizens of the United States of America, Canada, EU countries, Iran, North Korea, and Belize. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. If you have traded with LimeFx we would really like to know about your experience – please submit your own review.

MT4 and MT5 are both powerful platforms, built for multi-asset trading. They offer dozens of indicators, multiple charting styles, timeframes and order types, plus support for automated trading through expert advisors (EAs) and scripts. Overnight fees apply on cash instruments held overnight, but this is industry standard. The broker also doesn’t charge any deposit or withdrawal fees, while third-party bank charges will be reimbursed on international wire transfers over $200. We also appreciate the choice of base currencies, which include USD, EUR and GBP (European and UK clients), and HUF, PLN and ZAR (global clients). This makes it easy to run your account and trades in a convenient currency.

LimeFx Broker: About

Each year, we collect thousands of data points and publish tens of thousands of words of research. As noted in the initial sections of this review, the LimeFx Group and the Trading Point of Financial Instruments Ltd. are primarily regulated by the Cyprus Securities and Exchange Commission. The company – Trading Point of Financial Instruments Pty Ltd – has been safely operating since 2015, with no regulatory implications from the commissions. The users must also note that LimeFx is not safe for trading in the United States, Canada, Israel, Iraq, and Iran. The following section offers a summarized review of the full MetaTrader suite (MT4 & MT5) to provide additional information.

Psychologically speaking, this affects your trading decisions, as well as your reaction to virtual gains and losses. The instructions of how to access the mobile trading platforms can be found on the relevant page of the mobile platform itself on the LimeFx website. Traders who sign up with the global entity will also be able to take part in various competitions that offer a range of prizes, including withdrawable cash, bonus credit, and pre-funded trading accounts. There are daily, weekly and monthly contests, offering ample opportunities.

Forex Trading via a Broker

It offers a very low deposit of $5, its educational materials are among the best we have seen, there is an unlimited demo account, plus around-the-clock customer support. Fractional shares are also available to stock traders with less starting capital. limefx We recommend the Micro account for beginners – it offers nano lots and access to a huge range of markets. The Standard account is a good option for a range of traders with a straightforward sign-up process and competitive trading conditions.

About the Editorial Team

The minimum deposit required by the broker LimeFx is $5, which is a relatively low amount compared to other brokers. This LimeFx minimum deposit is the lowest https://limefx.vip/ amount you can send into your account before you can start trading. Please note that this $5 is exclusive of the charge from the deposit method.

Best Forex Brokers with Instant Withdrawals

LimeFx helps its clients with various trading platforms, tools, and services to deliver a successful trade. These services are aimed at meeting the tailor-made investment goals of every client. To evaluate brokers, we test the accounts, trading tools and services provided.

LimeFx is a worldwide forex and CFD broker, also known as LimeFx FX or LimeFx Markets. The broker is reputable broker and is regulated by several regulatory bodies, including ASIC, CySEC, and IFSC. With low minimum deposits, easy account-opening, and several account type, LimeFx is one of the best forex and CFD broker.

In forex trading, exotic pairs or exotics refers to currency pairs that include a major currency paired with the currency of a smaller or emerging economy. Exotic pairs tend to be traded less frequently, in comparison to majors. In forex trading, some currency pairs are nicknamed majors (major pairs).

Contacts of LimeFx.COM

As such, an LimeFx client sells one currency against another at a current market rate. LimeFx is good if you want to open an account and start trading quickly. I think the platform is pretty dated though and you can’t trade ETFs. Compare the markets and instruments offered by LimeFx and its competitors.

Conclusion on Forex Brokers with Instant Withdrawals

Their key features include free deposits and withdrawals, instant transactions, and extensive educational resources. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. A quick review of the LimeFx mobile apps uncovered why this broker service is much appreciated in the global trading community.

The broker turns out to be a low-cost solution compared to IG or CMC Markets. Setting aside its drawbacks, the LimeFx group of brokers will remain a strong choice for beginners and expert traders in the years to come. In forex trading, minor currency pairs or crosses are all currency pairs that do not include the USD on one side.

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