All financial transactions occur in the secure back office of Lime Fx, MyLime Fx. The deposit and withdrawal options offered by the St. Vincent and Grenadines subsidiary are the best, while others offer limited choices. Lime Fx caters to most international traders, including residents of UK, Australia, South Africa, and Malaysia. Like most international brokers, Lime Fx does not accept US traders.
FxPro Brokers Fees and Spreads
I like the trading environment at Lime Fx, especially for high-volume traders using algorithmic trading solutions. Lime Fx is a very well-regulated global Forex broker with a large client base and a big reputation to maintain. All trading platforms fully support algorithmic trading, and Lime Fx provides four free APIs to developers on top of a wide selection of third-party plugins. The research section offers a tremendous asset to all traders and warrants an account opening to retrieve free access to it. Education is also taken very seriously with daily webinars and an excellent selection of very well-written content.
Trading Platform-
And the relaxing thing is your deposit will not be affected by additional charges or Taxes. Just go to the Lime Fx.COM website and over there you are given two options- 1. If you are looking for copy trading then activate the ZuluTrade platform. And in case you want to trade with an automated trading strategy then NinjaTrader has got you covered. Along with the most popular MT4 for desktop, mobile, or web the broker has given choices to select high-tech platforms like ZuluTrade and NinjaTrader.
Customer service
I rank trading costs among the most defining aspects when evaluating a Forex broker, as they directly impact profitability. There’s no denying that to trade successfully a trader needs to gain adequate knowledge of trading and its functionalities. If you are interested in opening a corporate account Trust or IRA then the minimum amount is 50,000.00 CCY (currency). Later submit Limited Trading Authorisation (LTA) and for TRADINGVIEW PRO account email to with the subject line FREETRADINGVIEWPRO. Overall, Lime Fx broker is considered a trustworthy and safe broker with a trust score of 96 out of 99. Whereas, tire 2 and tire 3 regulators indicate average and low trust.
How to withdraw funds from an Lime Fx account?
It is unfortunate there is not a wider choice of Forex currency pairs as the infrastructure implemented by Lime Fx provides excellent trading conditions. The deposit currency for Lime Fx will be dependent on the base currency a trader has chosen. The following step is for the applicant to complete a selection of general information, including their preferred account option.
- You can create an account on Lime Fx if you are based in the UK.
- I like the trading environment at Lime Fx, especially for high-volume traders using algorithmic trading solutions.
- I like that Lime Fx invested heavily into its algorithmic trading environment, and I rank it among the industry leaders in this category.
- Trading Forex, CFD, Binary Options, and other financial instruments carry a high risk of loss and are not suitable for all investors.
Here is a screenshot of the Lime Fx Trading Station platform during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads. The account applicant must now carefully read, consider and ensure that they understand Lime Fx’s terms and conditions. Once they are secure in their choice to open an Lime Fx live trading account, they can now click on Finish.
Opening an Account
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. Lime Fx is an excellent choice for algorithmic forex traders thanks to its wide array of related platform options that provide advanced charting tools and support automated trading strategies. The Lime Fx minimum deposit for individual accounts is $50 or a currency equivalent. While Lime Fx offers eight account base currencies, most traders only get US Dollar accounts unless they reside in a country where the other seven currencies are the default choice. Traders should differentiate between account base and deposit currencies to avoid confusion and potential currency conversion fees.
In the first place, clients cannot trust or rely on any broker. For this reason, Lime Fx Broker offers you a direct minimum deposit. The online broker you use first uses the minimum deposit to check.
Whereas there’s no minimum deposit amount attached if you deposit via Wise transfer. A trader depositing via card regularly may start trading only with $50. Top up your account with the money asked by the platform’s system. 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 https://limefx.vip/ platform access. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. Thanks to its combined offering of both Trading Station and MetaTrader 4 (MT4), Lime Fx delivers a reliable, feature-rich mobile experience for forex traders.
The minimum amount required with Lime Fx is $200, which can be deposited via various methods, including wire transfer, debit card, credit card and eWallet. It should be noted that the minimum deposit with Lime Fx may vary depending on the type of trading account chosen, and the country of residence of the trader. 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. The minimum deposit is very useful for potential clients in Lime Fx brokers. Combined with CFD and Forex trading, you can understand how important a minimum deposit is.
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. Lime Fx is a versatile trading platform that supports different payment methods to ensure traders and investors can easily make transactions. Besides, traders and investors can also make deposits using wire transfers. Electronic wallets are also supported, like Union Pay and Neteller.
For additional information on Lime Fx, please visit our in-depth Lime Fx Review. While you may not withdraw the amount immediately, you can use it for trading within the platform. If you’re interested in discovering more brokers offering deposit bonuses, you should read our article.
Lime Fx generally does not charge commissions on deposits, but conversion fees may apply if depositing in a currency different from the account base currency. The financial products offered by the promoted companies limefx review carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose. No fees are charged for deposits or withdrawals via e-wallets.
Lime Fx provides four free API solutions for traders across the spectrum to develop automated trading solutions that communicate directly with the Lime Fx trading server. The fast order executions and deep liquidity further support demanding trading requirements. They offer traders the possibility to customize trading platforms, and Lime Fx offers 35 free plugins.
The Market Scanner allows traders to select a series of technical indicators and returns buy and sell recommendations based on the input. Lime Fx 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. I could not find any time limitations on these accounts which is excellent, making them ideal for testing algorithmic trading solutions and new strategies. I want to caution beginner traders against using a demo account as a full educational tool.
It can be instant or take up to 2 business days, depending on your payment method. If you deposit using cards or e-wallets (PayPal, Neteller, Skrill), the funds are credited instantly to your trading account. Trading Forex, CFD, Binary Options, and other financial instruments carry a high risk of loss and are not suitable for all investors.
