Deposits & Withdrawals

Although various payment methods support the deposit and withdrawal of funds in numerous currencies, traders need to be aware that some payment methods allow for certain deposit currencies. limefx official site Furthermore, LimeFx values transparency, ensuring traders have all the necessary information before they start trading. This includes details about the ‘LimeFx minimum deposit in Kenya’.

There is also an internal mailing system and a guarantee of full security and backup. Spreads on this platform start at just 0.6 pips and there is the option of micro lots. Clients of LimeFx have access to either MT4 or MT5, both of which are popular MetaTrader platforms. They are available across devices and you can trade via the LimeFx WebTrader in the browser. Even in cases of illiquidity and volatility, LimeFx has a competitive policy. LimeFx partners with numerous liquidity providers to significantly limit the risk of illiquidity.

  • In some cases, LimeFx will also refund for the deposit cost that your payment service provider might charge you.
  • These clients can only have up to 200 positions open or pending at a time.
  • After entering the amount, follow the on-screen instructions specific to your chosen deposit method.
  • LimeFx gives credit/debit cards top priority by LimeFx, followed by Bitcoin withdrawals and Neteller/Skrill (e-wallet) withdrawals.

Once you feel confident enough to trade forex, you can open a live account. On the other hand, Standard accounts are for those who want to trade larger amounts and trade standard lots, which are 100,000 units of the base currency. LimeFx minimum deposit in ZAR is around 72 rands, or equivalent to 5 US dollars.

Traders in Australia who are within the LimeFx Global Market regulatory framework can apply for this LimeFx Low spread account. Forex spreads are extra low on this account, and there are no commissions to worry about. LimeFx is a gloabbly recognised Forex broker with clients in over 196 countries. LimeFx does not charge any fees when deposits are made into the trader’s account. By keeping funds away from the broker account, LimeFx ensures that client deposits are not used for operational purposes or to fulfil its financial obligations.

LimeFx Minimum Deposit Bonus

“LimeFx deposit request failed” represents the error when the depositing transaction can not be realized. To solve this problem, check the internet connection or have enough money in your deposit option balance. Transferring monies between various clients’ accounts and using other parties are prohibited. Deposits made using means other than credit or debit cards will not be reflected right away.

  • There, you will find minimum price fluctuations, starting point for spreads, swap values, average spreads, and value of a lot.
  • Always verify the current minimum deposit from LimeFx’s official site to stay updated.
  • VPS Service- Not all brokers offer a VPS (Virtual Private Server).

This is a notification that your account lacks sufficient equity for supporting the open positions. For those who typically engage in telephone trading, the dealers may give a margin call. This is essentially advisement to either deposit funds or close positions. It is important to note that LimeFx uses variable spreads, as does the interbank forex market.

Minimum deposit amount at LimeFx

If you would like to use these tools, you will need to access the personal account manager. WebTrader 4 is accessible on your personal computers without downloading the app. You get access to the same features, with built-in news provided. With the LimeFx micro account, you can open up to 300 positions at the same time. If you want to have a fresh start, you can open a new account with another email address, using the same credentials for identity and address. Submit a copy of your ID, passport, or other official documentation that’s accepted as proof of identification.

LimeFx Forex Broker Minimum Deposit

For the address, submit a bank statement or other official documents that detail where you live. For comparison, brokers like XTB and eToro, charge about the same. EToro charges $2.4 for the S&P index, $2.7 for EUSTX50 and $6.3 for the Apple CFD fee. XTB, on the other hand, charges $2 for S&P, $2.7 for the EUSTX50, $17.9 for Apple, and $20.9 for Vodafone. You can make use of any by contacting your Personal Account Manager. Those supplement the algorithmic trading tools already built into MT4 and MT5.

LimeFx Deposit and Withdrawal Methods

If you want to know more about LimeFx fees, check out the fee chapter of our LimeFx review. $5, that’s the LimeFx minimum deposit, but this depends on the account type you want to open with the LimeFx broker. Because of the variations in trading accounts, you might accept several forms of leverage offers. Both Visa and MasterCard are accepted at LimeFx for credit/debit card deposits.

LimeFx can also help clients create custom-tailored accounts for trading forex. Those include trading currencies, CFDs, precious metals, energies, and equity indices. Majority of brokers that have a dealing desk (DD) and therefore at times of volatility can’t offer the best prices to their users. ECN brokers offer no-requotes they have direct access to liquidity providers. LimeFx also offers an Islamic account to its Muslim clients which is a Swap-Free account where there is no interest charged on overnight positions.

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What is the minimum deposit required to open an account with LimeFx?

Once you have traded 60 times in a row for 100 days, your trading status will be upgraded to Diamond. You will also receive a 50% bonus on your first $500 deposit, plus an additional 20% bonus on your next $500 deposit. Depending on your country, you can use Neteller, Skrill, Perfect Money, or another payment method. You can choose every primary currency for your LimeFx base currency if you have an LimeFx Standard or Micro account.

What Should You Know About Overnight Positions With LimeFx?

This allows traders to trade from various regions around the globe. To protect the client’s fund in the event of extreme volatility, LimeFx presents each account type with Negative Balance Protection. The deposit starts from $5 in Micro and Standard Account, while Ultra-Low Account requires a minimum deposit of $5. Traders who open accounts in LimeFx are enabled a condition similar to a Cent Account environment in the Micro Account, in which the Contract Size for every lot is only 1,000 units.