Well, first off, look at the minimum deposit needed for each account type. Then, check out the extra perks they offer – like better trading conditions or special features. To initiate a wire bank transfer, you’ll need to provide your bank with the limefx scam necessary details, such as LimeFX’s bank account information and your trading account number. Once you’ve done that, your bank will handle the transfer process for you.
Reviewing LimeFX – Which LimeFX Account Type Should You Use?
Yes sometimes swaps work for you, but it’s not a regular tthing in my XP, so I will go safe with no swaps at all. In addition to deposit conditions, there are other factors to consider when reviewing a good broker. To inspect LimeFX further, you could examine their pros and cons thoroughly. Spreads on all majors can reach as low as 0.6 pips in Ultra-Low Account, while spreads on other accounts usually start from 1 pip.
Step 3: Choose Deposit Methods
As we have already mentioned, LimeFX Is a global Forex broker, offering services to citizens of over 190 countries. To be able to offer services to so many traders around the world, LimeFX had to get licenses from regulatory agencies around the world. LimeFX global gives out a non-deposit $50 trading bonus to new clients who have just signed up.
These methods may include direct Bitcoin deposit, Bitcoin via Instacoin, and wire transfer via Instacoin. LimeFX currently does not offer any other deposit methods other than Bitcoin. MT4 and MT5 are very similar to one another, yet, they are still different.
Standard Account
- The main drawback is that LimeFX’s Indonesian clients will be trading through LimeFX’s Belize company, which has less regulatory oversight.
- Minimum deposit of $5 applies to Standard, Micro, and also Ultra-Low Accounts.
- He is an expert in Compliance and Security Policies for consumer protection in this sector.
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. Now that you have a sufficient depiction about LimeFX broker, let’s talk about the most important things to ensure a successful deposit in the broker. However, they might require additional verification for substantial or regular deposits. Confirm the transaction and wait for it to be processed, which usually happens instantly.
We do not provide financial advice or investment recommendations. To reach LimeFX customer service, you will need to use telephone numbers, email, or their live chat function. Sometimes, you will not get the best answers you are looking for. That might be limiting for some of the LimeFX traders who are not very well versed in the English language.
This section is typically located in the main menu or sidebar of the platform. Look for options labeled as “Deposit,” “Funding,” or similar terms. LimeFX may not limefx forex broker be able to provide you with the trading signals, but if you are using MT5, the MQL5 community will offer you that service. WebTrader 4 is accessible on your personal computers without downloading the app.
Islamic accounts in the Forex trading market refer to the account types that prohibit accumulation, collection, or payment of interest rates. This is why they are called swap-free accounts, their holders do not pay swaps. To make sure that clients of all different backgrounds are able to trade with the broker, it offers the swap-free, also known as Islamic Forex trading account. They are ultra low standard account and ultra-low micro account. The contract size of a standard ultra account is 1 lot, which equals 100,000 units of a currency, and the contract size for micro ultra is 1,000.