LimeFX also accepts a wide variety of e-wallets for deposit and withdrawals. Some of the supported e-wallets are Skrill, Neteller, WebMoney, and Jeton. Many e-wallets also support transactions in different currencies other than the US dollar.

The problem is that whenever i log into the mt4 acc its invalid account. In just a decade, LimeFX managed to open nearly 3.5 million accounts. The below chart shows the number of accounts opened between 2009 and 2019. Completing the CAPTCHA proves you are a human and gives you temporary access to the web property.

The maximum withdrawal amount using the SEPA network is $50,000. On the other hand, the local bank transfers provide a faster processing time of just 1 day. You can trade a range of currency pairs with LimeFX, which include all major and minor currency pairs and some of the exotic currency pairs. The CFD stock range makes the LimeFX product list fairly long.

Our Verdict! Is It Worth Opening An Account Here?

In the first step, you will provide the basic information, including your first name, phone, and email address. In the second step, you will be asked to choose an account type, leverage, and enter your address. After this simple process, you will be redirected to the member area to manage your account. Note that the LimeFXpliance department will review your application at this stage, and you will have to provide verification documents, including a photo id. Once all that process is completed, your account will be activated, and you can fund your account to start trading.

Pro-cent is a great choice for beginners as well as experienced traders. It uses the Cent as the base currency and is highly regarded for testing the trading strategies. The account comes with a floating spread that starts from 1.3 pips. A proc-Cent account provides the highest leverage ratio than the Prime, ECN, and R trader accounts.

You can trade American and European stocks along with ETF’s using various trading platforms. However, the lack of a tier-1 regulator can be a serious concern for more experienced traders. The withdrawal cost, especially for e-wallets and local transfers, is also on the slightly higher side. As a trader, you will get a decent choice of trading platforms with LimeFX.

The minimum deposit and withdrawal range is between $5 to $50.000 per transaction. LimeFX charges a commission of 0.3% on cryptocurrencies with R Trader, while with other account types, it charges a commission of 2000/mio. The trading platform is selected during the account opening process and the option to switch between the platforms is not available at the moment. However, the easiest way to use multiple platforms is to open an additional account with LimeFX.

Fees And Commissions

Finally, the LimeFX R Trader range is equally excellent as through its terminal services, and you get the option like Strategy Building and Copyfx. R Trader account type is available with LimeFX’s proprietary Web R Trading platform. There are almost products, and is the ideal account type for trading multi-assets. Keeping your trading cost lower helps you build your portfolio. LimeFX assists you with that by offering a very low commission structure and spreads that starts from zero.

LimeFX accepts a wide variety of cards, including Visa, Master, and JCB. The minimum deposit restriction is $10, while the maximum withdrawal limit is $10,000. The deposits are processed instantly, while the withdrawal may take 1 to 10 days. LimeFX R Web Trader and R Mobile trader bring further depth in the range of its trading platform. The R Web Trade runs on all mobile and desktop browsers, while the R Mobile Trader also matches a desktop terminal’s functionality.

The spread and commission structure is also competitive can help to reduce the overall trading cost. From the trading platform point of view, LimeFX is covering almost all types of traders. Their proprietary R Web platform provides access to over 12,000 products and lets you copy the experienced trader and build Euro your trading strategies. LimeFX provides several account types to meet the requirements of its client. For instance, if you are a professional trader and want to have direct market access LimeFX ECN account is there for you. Likewise, LimeFX other account types also facilities new and experienced traders.

Even the highest start spread on their Prime account (1.3 pips) is very competitive. So by having a low commission, narrow spreads, no inactivity fee, and almost no processing fees you can grow your portfolio without having to worry about the trading cost. The bank transfer gives you the option to deposit and withdraw using multiple currencies. Using the SEPA, you can make a minimum deposit of $500 and a maximum of $100,00.

Regular Contests & Promotions

LimeFX offers 5 different account types to facilitate its clients. These account types are Prime, ECN, R Trader, Pro-Cent, and Pro-Standard. Each account type provides unique features and varies based on the spread and product range.

LimeFX is also a member of the IFC compensation fund that protects clients’ funds up to €20,000. If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. Due to a migration of services, access to your personal client area is temporarily disabled. An alternative Alpari website offers services that are better suited to your location.

• There are video tutorials for beginners, and they can be accessed from the member area.
• Using the SEPA, you can make a minimum deposit of $500 and a maximum of $100,00.
• You can trade Forex, stocks, commodities, cryptocurrencies, and ETF’s with just one broker and avoid the hassle of dealing with different brokers.
• Once all that process is completed, your account will be activated, and you can fund your account to start trading.

LimeFX supports over 30 cash vouchers, including Efecty and Carulla. There is no processing fee for a cash voucher but has a limit of $500. You can also trade major commodities, including Coffee, Cocoa, Wheat, Sugar, Soya bean, and So forth. LimeFX LimeFX Review: Is forex broker LimeFX Scam or Not? precious metals range is also decent and includes Gold, Silver, Platinum, and Palladium. Finally, LimeFX also provides cryptocurrencies and crypto indices. The spread on Forex with Prime and ECN accounts starts from 0 and goes as high as 1.5 pips.

What Are The Account Types?

Making a deposit or withdrawal request with LimeFX is one of the easiest processes. You can simply do that from your member area by click on the appropriate links. There are multiple options to deposit including bank transfer, e-wallets, cash vouchers, credit cards, and so on. Similarly, the withdrawals process is also simple, you can withdraw the funds to your bank account or to the same source that was used to deposit the funds. Withdrawals using bank transfers can usually take 3 to 5 business days. Both platforms are available with MetaTrader Market that gives you the ability to buy Expert Advisors and achieve your trading goals.

The Learning Curve With LimeFX

The R Web trader further provides tools like copyfx and Strategy building through LimeFX terminals with 13 technical indicators and various tools for graphics analysis. LimeFX is a multi-asset broker and provides nearly financial instruments, which are its biggest advantage. You can trade Retained earnings Forex, stocks, commodities, cryptocurrencies, and ETF’s with just one broker and avoid the hassle of dealing with different brokers. The LimeFX account opening process is quick and fairly simple. You can open an account with LimeFX by clicking on the “Open An Account” link on its website.

You can trade with third party trading platforms or even opt for LimeFX proprietary trading platforms. The third-party trading platforms include the trusted MT4 and MT5 as well as the high-end CTrader. In LimeFX proprietary platform range you have the R Web Trader and R Mobile Trader. You can also deposit and withdraw the funds using a credit or debit card.

The spread on the Pro-Cent and Pro-Standard account start from 1.3 pips. If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. As a LimeFX account holder, you will get full access to its research and analysis tools. An economic calendar is also available on the LimeFX website. The broker is also part of IFC , an international organization that mediates between the broker and the client in the event of a dispute.

There are video tutorials for beginners, and they can be accessed from the member area. Unfortunately, the education and research section is not as comprehensive as most traders would want. However, LimeFX does hold webinars where different experts and traders exchange views and analyze the markets.

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The account is available with MT4, MT5, and LimeFX Web Terminal. You can trade Forex, metals, and cryptocurrencies with this account. LimeFX ECN account type provides you the direct access to the market participants via interbank trading prices with just a minimum deposit requirement of $10.

In our view, LimeFX is a very decent broker to open an online trading account. As a matter of fact, the LimeFX is around for over a decade; it is regulated and follows the walls of a true jurisdiction. Its product range is huge and meets the requirements of any trader. The trading platforms range is extensive, and account types are flexible as well. Finally, its spread and commission structure is ideal for keeping the trading cost low. In a nutshell, LimeFX has everything that one may require to become a successful trader.