Lime Fx offers only one account type, which is the Retail Account, they also have professional account which offers higher leverage and other features for experienced traders. This applies to all payment methods accepted on the platform and to the Retail Account. These varying minimum deposit amounts cater to traders with different financial capacities and trading objectives. Filippo Ucchino has developed a quasi-scientific approach to analyzing brokers, their services, offers, trading apps and platforms. He is an expert in Compliance and Security Policies for consumer protection in this sector. Filippo’s goal with InvestinGoal is to bring clarity to the world of providers and financial product offerings.
How much can I fund at one time via credit or debit card?
Our review of Lime Fx found that the company offers a straightforward account structure, average spreads, a combination trading execution model, and a good selection of trading platforms. The ECN Zero account is similar to the ECN account, but with no commission charges. To withdraw a deposit from an Lime Fx broker we need to consider a little amount of fee under some conditions.
Such as Skrill, Neteller, Union Pay, Visa, Master Card, and bank wire. For Lime Fx account users, deposits must be transacted in USD ($) and Europe (€). You can only use these two currencies when transacting Lime Fx. In this case, you have to convert your balance to this currency otherwise you will not be able to deposit with an Lime Fx broker. When you change your currency, your deposit may change financially.
Trading Fees
- If you trade with Lime Fx in the UK, you should read this to learn about some important details of the minimum deposit requirement.
- Funds will typically be credited into your trading account within two days of receipt on business days.
- Minimum deposits play a very important role in the investment of the customers as it allows them to invest much less money.
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. Yes, if your account is dormant for one year, that is you do not place any trade, Lime Fx will charge inactive account fee of £50 per year. If you have no funds in your trading account, the fee will not be charged and you will not accrue any negative balance.
For 20 years Lime Fx has delivered unquestionable customer care services 24/5 and has received several regional as well as international awards. And don’t be upset because depending on which payment method you are using the money transfer time may change. Lime Fx broker is worthy of high appreciation for its quite easy and fast withdrawal process. To withdraw the account balance you need to open the MYLime Fx page and look for the ‘Withdrawal funds’ option. Lime Fx account options have minimal commissions and the spread starts from 1.3 pips.
In addition, NETELLER may require submission https://limefx.group/ of Personal Identification Document and Proof of Residence to complete the application. Lime Fx will not accept funds from an incomplete NETELLER account. To avoid delays in depositing, the client should complete their application with NETELLER prior to funding via NETELLER. To avoid delays in depositing, you should complete the account verification process with NETELLER prior to submitting a deposit. Lime Fx will not accept funds from an incomplete Skrill account.
Standard Account
Lime Fx is one of the most popular forex brokers out there, but how much do you need to deposit to get started with them? In this article, we’ll take a closer look at Lime Fx’s minimum deposit requirements and what you need to know before making a deposit. Detailed information regarding the wire withdrawal fees can be located here. The minimum deposit for use of our online credit card or debit card system is $50.
- For this reason, the Lime Fx broker allows you to make a direct minimum deposit of $ 50.
- Typically, deposits via bank transfers on Lime Fx are free, but withdrawals incur a fee of £15 per withdrawal.
- Additionally, the FCA maintains records of all formal proceedings against regulated entities, offering transparency and increased investor protection.
For complete details regarding your withdrawal options, please log onto MyLime Fx. Bank wire withdrawals are usually the fastest method of withdrawal. These cards do not allow us to verify the origin of the funds and are therefore unacceptable. If you also have an open account, the funds will be credited to your open account. You can check the status of your deposit online by running an “Account Report” on MyLime Fx, scammed by limefx or by logging into your account and viewing the Account Balance or Equity.
ECN Zero Account
If you funded your account with a credit card or debit card, it is required to withdraw the principal amount (deposit amount) back to your credit card. The credit card issuer may take from five business days to one billing cycle (approximately thirty days) to post back to the credit or debit card used for funding. If you trade with Lime Fx in the UK, you should read this to learn about some important details of the minimum deposit requirement.
When a trader registers under an Lime Fx broker he explores different modern and exciting trading platforms. When it comes to forex trading, compliance and regulation are of utmost importance. Accounts with Lime Fx are also segregated in accordance with client money rules, providing added protection for client funds. There are no fees for withdrawals by credit card or debit card.
What do I need in order to use Local Bank Transfer?
If you want to check a broker with real money then the minimum deposit is the only best solution. 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. The former is the base currency denomination of a trading account, and the latter are currencies available for deposits through payment processors. Lime Fx notes it accepts all available deposit currencies supported by payment processors.
Lime Fx’s minimum deposit requirement varies depending on the type of account you open. FXTM is a popular forex broker that offers a range of account types to suit different trading needs. In most cases, credit or debit card deposits made via MyLime Fx are instantly credited to your trading account.
How do I transfer money from one Lime Fx account to another?
The deposit choices Lime Fx offers have been selected to provide the most convenient and reliable options to fund your account. Any method other than those listed is not recommended and could prevent or cause delays in Lime Fx crediting the funds to your account. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Opinions, market data, and recommendations are subject to change at any time.
Lime Fx doesn’t apply any deposit limitations, however our local partners and/or your bank might apply limits. Please log in to your account in MyLime Fx and select Local Bank Transfer in order to check for limits. Please read your bank’s online banking instructions carefully. Unfortunately withdrawals are not available through Local Bank Transfer at this time. Please login to MyLime Fx and choose an alternative withdrawal method. After completing the deposit steps in MyLime Fx, you will be redirected to log into your online banking account to authorize the payment and the requirements may vary by bank.
Skrill is a third party online payment provider that allows you to securely send and receive funds electronically. In order for you to fund your Lime Fx trading account via Skrill, you must first open and fund an account with Skrill. If you determine that you originally funded via bank wire, go to your online banking website for the bank account you probably used. You can start your own business by trusting our broker with confidence. The minimum deposit is one of the lowest in the online broker’s industry.
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