To compare the trading platforms of both FOREX.com and LimeFX, we tested each broker’s trading tools, research capabilities, and mobile apps. Finally, we found FOREX.com to provide better mobile trading apps. Based on our research on the regulatory status of over 60 brokers, we’ve found that FOREX.com holds 7 global Tier-1 licenses, while LimeFX limefx holds 4.
- If you would like to withdraw funds in a currency other than the base currency of your trading account, LimeFX will convert the funds prior to completing the request.
- And the relaxing thing is your deposit will not be affected by additional charges or Taxes.
- It’s worth mentioning that your trading account balance must meet a threshold to access certain educational content.
- All other deposit methods do not have a minimum deposit requirement however may have limits on how much can be deposited each month.
It also maintains six specialty trading platforms for algorithmic traders and Capitalise AI. For deposits between $300 and $4,999, the referrer gets a $100 bonus, which doubles to $200 for deposits from $5,000. The referee must trade 200 or 500 contracts, respectively, within 90 days, making it a challenging low-payout bonus to receive.
Popular Forex Guides
If you are a high-volume investor, then the Active Trader account may be for you. This account offers LimeFX’s lowest spreads with the added benefit of discounted commission, dedicated support, and depth of market. Use the calculator below to compare LimeFX’s trading costs with competitors such as Pepperstone, Eightcap and CMC Markets, adjusting for trade size, currency pair, and base currency. The Active Trader account uses a tiered commission structure which means the more you trade, the lower your commission cost will be.
Deposits and Withdrawals
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. I could not find any time limitations on these accounts which is excellent, making them ideal for testing algorithmic trading solutions and new strategies. I want to caution beginner traders against using a demo account as a full educational tool.
Neither have Int’l Stock Trading (Non CFD) and Cryptocurrency (Physical). The broker claims to offer some of the tightest spreads on the market when it comes to trading BITCOIN. All other deposit methods do not have a minimum deposit requirement however may have limits on how much can be deposited each month.
Account opening process of LimeFX
LimeFX has waived the transaction fee charged by the service provider for each transaction. No, withdrawal through Local Bank Transfer is currently not available. However, the transaction limits may differ based on the bank you select.
In addition, NETELLER may require submission of Personal Identification Document and Proof of Residence to complete the application. LimeFX 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. NETELLER is a third limefx review party online payment provider that allows you to securely send and receive funds electronically. In order for you to fund your LimeFX trading account via NETELLER you must first open and fund an account with NETELLER.
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 LimeFX trading account via Skrill, you must first open and fund an account with Skrill. If your card transaction was declined, the transaction should be lifted from your account normally within a few business days.