So, like, I’ve tried out loads of brokers, and let me tell you, LimeFX is like, legit the bomb, you know? I’ve been trading with them for almost two years now, and they’ve been, like, the real deal. No weird surprises, no issues – it’s been pretty smooth sailing. LimeFX established its legal entity in Cyprus and each gets a license from the local CySEC, which also applies regulations according to European ESMA standards. Under the European CySEC license, the broker also operates global offerings from international entities. Besides that, there is also a copytrading account if you are a professional and want to earn extra money.
In the case of many customers, the minimum deposit plays an important role. Ensuring minimum deposit usage before any client uses the broker for the first time. The minimum deposit does not have to be a higher three or four-digit amount so it is a much easier deposit. In a broker trade, the minimum deposit should be given much importance so that the customer is attracted to it. In addition to the markets offered, as an LimeFX trader, it is likely that you may come across some of these extra products that the broker makes available depending on your location.
Exploring a Versatile Trading Platform
It will be converted at competitive market rates at that time to either USD or EUR. Filippo Ucchino is the founder and CEO of the brand InvestinGoal and the owning company 2FC Financial Srl. Filippo Ucchino started his trading career in Forex trading in 2005. He became an expert in financial technology and began offering advice in online trading, investing, and Fintech to friends and family. To have a clearer overview on the matter, you should definitely read our forex brokers bonus promotions top limefx courses scam ten.
- The platform itself is easy to use on both sides and provides you with a good ability to see the performance of other traders and a number of metrics.
- We think it is odd that LimeFX does not have an email or phone contact and we thought their live chat could be more knowledgeable.
- It is worth considering however to do your due diligence on the ‘Master Trader’ you intend to copy beforehand as this will in fact dictate the balance level you need.
- Moving on to a popular type of trading at LimeFX, Copy Trading and the official minimum required balance does not change.
Account Minimum
In my experience, I tried trading at several different brokers. I also like the deposit and withdrawal system offered by LimeFX, because the processing time for limefx scammers the funds is not too long and I think it is almost the same as other brokers. However, it is not uncommon for brokers to offer long withdrawals of up to 7 days or more. At this Pepperstone broker, is there a fee for withdrawing funds using the international bank transfer method?
Master’s Fees
But if you talk about international bank transfers, I don’t like Pepperstone. Because of the many deposit and withdrawal methods provided by this broker, only international bank transfers are charged by this broker. Filippo specializes in the best Forex brokers for beginners and professionals to help traders find the best trading solutions for their needs. He expands his analysis to stock brokers, crypto exchanges, social and copy trading platforms, Contract For Difference (CFD) brokers, options brokers, futures brokers, and Fintech products.
The broker provides comprehensive trading tools and features that traders can leverage to optimize their trading strategies. Additionally, LimeFX offers impressive customer support to assuage any potential challenges traders might face. 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. But for the last few months, I have been facing issues with withdrawal. Tried calling customer support many times but didn’t get any satisfactory answer.
Deposit Options And Fees
LimeFX has over 50 different payment options, such as Visa, Neteller, Fasapay and bitcoin, as well as a large variety of local bank transfers. The availability of these payment methods may also depend on your country of residence. LimeFX offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments. There’s no question – if LimeFX wants to compete with the best MetaTrader brokers, it needs to make improvements in its range of products and its research and education. LimeFX has made great strides with its pricing options for traders and its educational content, but suffers from a limited range of tradeable instruments. The minimum deposit base currency will differ depending on the region of trade.
Last Updated on November 7, 2024 by Bruce