Swap-free accounts, also known as Islamic accounts, comply with Sharia law by not charging or paying interest (riba) on overnight positions. This type of account is suitable for traders who wish to avoid interest charges and adhere to Islamic financial principles. At LimeFX, you can choose the swap-free option with any account type, allowing you to trade without overnight interest regardless of whether you open a standard or micro account.

What currency can I deposit into LimeFX?

1. To reach LimeFX customer service, you will need to use telephone numbers, email, or their live chat function.
2. If the deposit currency is not USD, the amount indicated should be converted to the deposit currency.
3. For example, for the LimeFX ultra low micro minimum deposit is $5 as well as for regular micro account.
4. The name of this account is also created according to the names of different types of slots.

Trading tools are also provided to assist the traders with market analyses. There are numerous Forex traders that are using this account type because it offers everything that a trader would want from a Forex broker. Since LimeFX standard account minimum deposit does not differ from the other accounts, it can be created by even those who do not want to invest a lot of money in the market initially. A popular global broker with a large customer base and a good reputation, LimeFX is a good choice for both beginners and more experienced traders.

If it is applied with the smallest lot size in the MetaTrader platform which amounts to 0.01, it means that traders can go as small as 10 units per trade. Below is a table summary of the LimeFX broker minimum deposits depending on account types. 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.

Demo Account

LimeFX prides itself to be the ideal broker in trading execution, offering a stat of 99.35% orders to be executed in less than 1 second. After thoroughly exploring LimeFX’s platform, we can assert with certainty that the modest minimum deposit of 5 USD is a significant benefit. This is a refreshing option for traders who are just starting or prefer to enter online trading without making a big financial commitment. Any deposits and/or withdrawals or other setting changes you make from the LimeFX Members Area will reflect on your corresponding trading platform. Your trading account login details will correspond to a login on the trading platform which matches your type of account and is ultimately where you will be performing your trades. Any deposits/withdrawals or other changes to settings you make from the LimeFX Members Area will reflect on your corresponding trading platform.

This account uses only USD as the base currency, and the contract size is one share. The clients of LimeFX using Shares Account are not able to use leverage, and the spreads are applied as per the underlying exchange. Rather, it is mostly used by those who already have some experience in the Forex trading market. The minimum deposit for this account is the same as it was for Micro Account – $5. LimeFX micro account can be a great choice for traders who are just getting started in the market and do not want to lose more money than limefx scammers they can afford.

Things Beginners Need to Know about LimeFX Deposits

The minimum amount required with LimeFX.com is $5, which can be deposited via limefx company reviews various methods, including wire transfer, credit/debit card and ewallet. It should be noted that the minimum deposit with LimeFX may vary depending on the type of trading account chosen. Depending on your needs, you can create any of the above-mentioned account types.

E-wallets are also the best choice as they allow instant deposits and withdrawals without fees (as LimeFX covers all fees). LimeFX is a multiple award-winning broker that allows its clients to trade forex, CFDs, and real stocks on its MetaTrader platforms. Founded in 2009, LimeFX has over 1000 trading instruments and multiple account types which are designed for newbies, and experienced and professional traders.

All of them are very good and there are millions of people using them very actively. If you are a beginner trader, it might be better to choose one of the smaller accounts – micro or ultra low account. While the majority of the previously discussed accounts, including LimeFX micro vs ultra low micro accounts, are great choices for beginner traders, there are other offering that LimeFX has. The team behind LimeFX consists of over 600 professionals, who work very hard to offer traders unparalleled services. Among many other things, LimeFX broker account types ensure that traders of all interests can find something that fits their needs.