LimeFx Minimum Deposit: Key Information & Guide 2023

LimeFx provides a respectable variety of market research from a combination of in-house content and third-party materials. Overall, LimeFx’s research is a touch above the industry average and will satisfy most forex traders, though it’s not as rich or diverse as what’s offered by the best brokers in this category. The FXTM Pro account is designed for high net worth individuals and institutional traders. It offers access to deep liquidity pools, fast execution speeds, and no requotes. LimeFx is one of the most trustworthy platforms for binary trading and investment. But if the trader or investor is from Europe, the minimum deposit to be made is $500.

Out of these three accounts, the standard trading account and the ActiveTrader account will allow traders and investors to deal with 39 pairs of forex currencies. LimeFx provides an amazing platform selection with 6 different popular choices being TradingView and Trading Station (their proprietary one) the best ones. Market analysis tools consist of the standard tools most brokers offer.

LimeFx Customer Reviews

Being a brokerage specialised in currencies, their offering should at least be significantly higher on forex pairs. Most deposit methods take up to 1 business day to complete however bank wire can take 1-5 working days. Lag time, which naturally occurs due to the time taken between placing your order and completing your order, can see prices change. The changes are called slippage and can be positive or negative. As a trader, you want pricing certainty and execution certainty.

One of the key features of the platform is the free professional charting tool known as Marketscope 2.0 which consists of price alerts, charts and a wide selection of indicators. One of the key features of Marketplace is the ability to open and manage all your trades directly from the charts. This means you can perform all your trading analysis, opportunity identification and order execution all in one place. This simplified trading process makes the platform a great tool for beginner traders.

  • Through these card-styled options you’ll be able to quickly find each asset based on its category or country (in the case of shares).
  • However, there is a possibility that it could take up to one business day on rare occasions.
  • 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.
  • The account applicant must now carefully read, consider and ensure that they understand LimeFx’s terms and conditions.

Right through this guide, we will discuss all the essential details about LimeFx minimum deposit, payment methods and how to deposit funds in your account. Experienced Australian forex traders that require a very specific niche forex platform should consider LimeFx. Those that require high leverage or are looking for low spreads/fees should review our best Australian forex broker comparison table and a provider like Pepperstone for advanced traders.

LimeFx Minimum Deposit

To sum up, LimeFx is a top leading broker platform with minimum deposits online compared to other broker platforms. Therefore, it’s easy and legit to make maximum profits with LimeFx by creating an online account based on your financial position. New traders may appreciate a standard style account, as no commissions mean a simpler cost structure. Long-term or discretionary traders may also like this account as the simpler cost structure compared to a commission account can make trading easier. The LimeFx Standard Account has a minimum requirement of $50 (depending on payment method) when making an account deposit.

LimeFx Web Trading Platform – Trading Station

Our LimeFx review found the forex broker offers one of the extensive choices of trading platforms from all online brokers. Not only does LimeFx offers a choice of 4 trading platforms (2 of them the best social trading platform) the broker also offers 7 speciality platforms. With its wide range of available platforms and deep offering of trading tools, limefx reviews LimeFx has set the bar high and competes among the best brokers in the industry. Whether you are a beginner or an advanced algorithmic trader, LimeFx has plenty of options. In our 2023 Annual Awards, LimeFx finished Best in Class for its excellent Platforms and Tools. In addition to the above accounts, LimeFx also offers a few other account types.

LimeFx Minimum Deposit and Withdrawal

LimeFx list statistic regarding their performance when it comes to execution and slippage. Transparency gives their clients a level of assurance and trust that the broker is meeting the client’s expectations when it comes to trading. LimeFx to deliver on the client’s requirement of fast order execution with no slippage, competitive pricing and no re-quotes. LimeFx is also a great option for beginners, due to its wide range of educational materials and easy-to-use platforms, including its latest integration with TradingView. With LimeFx, you can also use an eWallet option to fund your account.

However, there is a possibility that it could take up to one business day on rare occasions. Funding your account using a debit or credit card is also possible with LimeFx. You can use Mastercard, Visa, or UnionPay to fund your account. The funding process is usually instant but can take up to one business day on rare occasions. An extensive list of base currencies is supported, and this caters to most people, no matter your location.

Each year we publish tens of thousands of words of research and detailed forex guides, and we monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). Since 1999, LimeFx has been a pioneer in developing online forex offerings for retail traders. With its headquarters in London, LimeFx has grown to have multiple international offices and is licensed in several major regulatory hubs globally.

The Cent account is designed for traders who want to trade with smaller lot sizes and lower risk. It offers similar features to the Standard account, but with the ability to trade in cents instead of dollars. It offers tight spreads, instant execution, and a wide range of trading instruments.

The Active Trader account uses a tiered commission structure which means the more you trade, the lower your commission cost will be. Our forex comparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner site. All content on ForexBrokers.com is handwritten by a writer, fact-checked https://limefx.name/ by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.

Motivation can instead be inspired by creating interactive courses that feature quizzes and incorporate progress tracking. It’s worth mentioning that your trading account balance must meet a threshold to access certain educational content. Some brokers may offer micro accounts with a minimum deposit of just $1 or $5. These accounts are designed for traders who want to get started with a small amount of money and are willing to trade with smaller lot sizes.

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