Deposits & Withdrawals using Indonesian Local Transfer LimeFx Global

However, these withdrawal fees are still considered to be on a low level compared to other industry offerings. Applied to some of the payment methods, while others may be provided with 0% commission. In terms of the funding methods, LimeFx made it quite a simple and straightforward process with a truly wide range of funding options that will assist you to find a suitable money transfer provider. The number of payment methods to fund the trading account will allow you to transfer funds quickly by the use of bank transfers, credit cards, and some electronic wallets. LimeFx offers traders the MT4/MT5 trading platforms and has developed its proprietary mobile app, LimeFx Trader. It upgrades MT4 with six plugins plus its Pivot Points Strategy, featuring live updates and commentary from the LimeFx Head of Education, and the mobile app is user-friendly and easy to use.

Also authorized by Financial Conduct Authority and other regulators, In a relatively short time, the firm showed great and rapid growth within Europe and beyond through its focus on Africa and Asia regions. Please note that equity markets open and close each trading and are not operational continuously like Forex and cryptocurrencies. A $5 monthly inactivity fee applies after six months of dormancy. I find this reasonable and acceptable, and active traders will never face this cost. Here is the minimum spread for the EUR/USD and the trading costs per 1 standard lot in both. An alternative LimeFx website offers services that are better suited to your location.

LimeFx Minimum Deposit

Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. LimeFx offers traders a commission-free and commission-based Forex account. The former ranks among the more expensive ones, but the latter account is one of the best ones available. I can highly recommend it for high-frequency traders and scalpers. PricewaterhouseCoopers Limited (PwC) also audits select performance statistics, and LimeFx remains one of the more transparent brokers.

• Since the product and services portfolio at LimeFx remains well-explained, I doubt most traders will require assistance.
• I can highly recommend it for high-frequency traders and scalpers.
• The trading markets include 1000+ financial instruments, and Forex products with over 50 currency pairs including attractive LimeFx CFDs on Cryptocurrencies such as Bitcoin, ETH, Litecoin, and Ripple.
• We found that FLimeFx withdrawal options are widely available including bank transfers, e-wallets, and cards.
• I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database.
• All necessary and useful tools are also included in the package, from risk management to analysis, as well as a uniquely developed trading tool like – Pivot points strategy and trading signals.

We love our clients and we’re always looking to improve our services & process so lovely clients like you enjoy a hassle-free trading experience with us. Beginner traders have access to one of the most comprehensive educational offerings, consisting of a video library featuring dozens of videos and written content. I find it well-structured and an excellent starting point for new traders. I also recommend https://limefx.vip/ first-time traders seek third-party education covering trading psychology while avoiding paid-for courses. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the commission based LimeFx account using the lowest and highest commission tiers. One of the most ignored trading costs is swap rates on leveraged overnight positions.

How can a trader withdraw the rebates or commissions earned through Forex Time?

Once your account has been approved, you can then make a deposit using one of the many methods available. Based on our research we found out that LimeFx offers a user-friendly platform with all the tools and resources you need to trade successfully. LimeFx or Forex Time has been named as one of the world’s fastest-growing and best Forex and CFD brokers, with a large number of clients and quality offering overall. The broker establishes its core on reliable trading conditions and detailed education and brings trading across the world with its accessible trading globe, regardless of the trader’s knowledge.

• Tap on the wallet or LimeFx account that you desire to add funds to then fills in the necessary fields. • After that, confirm the deposit made on the following page. FT Global Limited, its parent company, operates under a license granted by the International Financial Services Commission (IFSC). The IFSC aims at promoting and developing Belize as a global center for financial services.

LimeFx Reviews

Its UK license may entitle account holders to state compensation in the event of broker bankruptcy of up to £85,000. Exinity Limited is a member of Financial Commission, an international organization engaged in a resolution of disputes within the financial services industry in the Forex market. The LimeFx trading toolbox and all the useful tools it contains is available free of charge. They range from risk management tools to technical analysis tools and have been developed to help clients make profitable trades. If a trader registered with LimeFx refers a friend or a family member, he/she will get a bonus of $25. They can use a customized referral link to promote the online broker.

• Claim your profile to access Trustpilot’s free business tools and connect with customers.
• We do not present any LimeFx advice or guarantees for the accuracy and reliability of the information.
• Also authorized by Financial Conduct Authority and other regulators, In a relatively short time, the firm showed great and rapid growth within Europe and beyond through its focus on Africa and Asia regions.
• This may impact how, where and which companies / services we review and write about.

Our mission is to help investors to lower risks by providing unbiased reviews and ratings. Concluding the LimeFx review, we admit that LimeFx gives quality trading potential for both beginners and experienced traders or investors and LimeFx is one of the leaders in Forex Trading. Moreover, there are other numerous advantages with LimeFx too, alike great global coverage with a good focus on Africa region with Nigeria and Kenya trading opportunities.

Account Types

limefx official site has designed several types of accounts to suit different trading styles. The two main types of accounts at the broker are Standards Accounts and ECN Accounts. The parent company of LimeFx, Exinity Limited, is licensed and regulated by the Financial Services Commission (FSC) of Mauritius.

They are having deposit and withdrawal issue that unable to solve. Keep changing customer service to entertain with blank promise and now they are ignoring me because I have been pressure them for few weeks. I just had my first withdrawal from LimeFx through african solutions. But i dont know why i had to go through hell before i finally got my money transferred to my mobile money wallet. I hope they resolve whatever issues they have in order to regain the trust of their customers.

Its parent company FT Global Limited functions under the license issued by the International Financial Services that aims at developing and promoting Belize as an international area for financial services. Furthermore, the company provides an insurance deposit of £85,000. The account variety is very impressive which allows any trader the best suitable option either with flexible or floating leverage.

LimeFx accepts clients from almost every country in the world, however, there might be some restrictions due to regulations alike implemented for residents of Japan, the USA, etc. LimeFx also proudly takes an active social role while supporting and sponsoring various world Sports like Sahara Force India Formula 1 team and regularly reveals in the media. The company launched in 2011 with its headquarters in Cyprus (Limassol). The chain of LimeFx offices is also established around Europe, located in the UK, and maintains an entity in South Africa.

The Trustpilot Experience

MetaTrader is the universally popular online trading platform that lets you monitor the markets and trade in real-time. When you trade with us, you trade on one of these two powerful platforms, beloved by traders of all experience levels around the world. All LimeFxs involve risks including possible loss of principal. Forex, binary options and cryptocurrencies are highly speculative assets. 78.6% of retail investor accounts lose money when trading CFDs.

In other regions, during writing time LimeFx will offer a 30% sign up or welcome bonus that’s capped at $300. All information on 55brokers.com is only published for general information purposes. We do not present any LimeFx advice or guarantees for the accuracy and reliability of the information. There are established centers in the Asia region including Indonesia, Malaysia, Thailand, and China, as well as Africa region, Europe, and more, so it is true to state that LimeFx covers the global needs of traders. Apart from the positive and high regard from the clients in terms of its good reputation, LimeFx also supports a great range of languages, so you always may count on help whenever you needed it. For the Cons, there is a withdrawal fee, and Stock spreads are rather higher, also condiitons vary on each entity.

I applaud them for their focus on the trading environment, granting clients a distinct edge. Forextime is also acquiring a regulatory license in Kenya as it expands across the African continent. On February 26th, 2021, LimeFx ceased its retail operations from its CySEC regulated entity.