Review LimeFx Indonesia 2024: Spread, Minimal Deposit, dll
LimeFxFX offers 3 options for trading platforms in the demo account. The MT5 account allows virtual trading on 230 instruments while the MT4 trading platform allows trading on 74 instruments. The LimeFxTrader is a proprietary trading platform of LimeFxFX exclusively available for demo accounts. It is an ideal platform for beginners with a simple interface and easily available trading tools.
Can I withdraw money from LimeFxFX?
Overall, the total number of available trading instruments at LimeFxFX is lower than most of the CFD brokers in Malaysia. The account can be opened with any device and the process is completed within 24 hours in general. Following are the steps included in the opening live trading account at LimeFxFX.
LimeFxFX Deposit dan Withdrawal
Scalpers and high-volume traders who seek to trade CFDs with little or no spread won’t find LimeFxFX useful. According to our review, the MT5 trading account is a better choice for those who use advanced trading strategies. This is also ideal for those who wish to keep their positions open for more than a day. The MT4 account type is more ideal for habitual traders who prefer to trade with MetaTrader 4 trading platform.
Review LimeFx Indonesia 2024: Spread, Minimal Deposit, dll
Our team tested the live chat and email support, here is our review. This extremely low number suggests Malaysian investors simply lack opportunities and options for investing in the international financial markets. Nevertheless, The Securities Commission and Bank Negara are quick to add international brokers to their alert lists. The absence of a licence, however, only affects certain advertising aspects of the brokers’ work, as they can still legally accept clients from Malaysia. The desktop trading platforms offer the best trading experience with the best customisation and fastest execution. MT4 and MT5 are the two desktop trading platforms at LimeFxFX.
Forex, crypto, CFD and stock instruments carry a high level of risk. All articles on this website are for reference only, not recommendations. There is no guarantee regarding the accuracy of information limefx reviews and data here, but we will always try to provide the best. Find a summary of the deposits/withdrawals options on LimeFx. Step 6) You will be taken to a page to select a payment method to make a deposit.
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Clients must note that all the details in the account opening form should match with the details on their documents. LimeFxFX was launched in 2011 and accepts clients from various countries of the world. Although, they only have CySEC and FSASVG regulatory licenses. They are not regulated by any top-tier regulatory authorities like FCA, FSCA, or ASIC. You can withdraw as little as MYR 100 or USD 5 on LimeFx, depending on the payment you are using.
Local bank transfers are the best method to deposit and withdraw at LimeFxFX in Malaysia. No commission is charged for any of the methods chosen for deposits and withdrawal. However, a fee for the deposit or withdrawal may be charged by the financial service provider which is executing the transaction such as your bank or a payment service.
- You should go through the list of Masters to check their trading history and performance, and then choose the one you prefer.
- The account can be opened with any device and the process is completed within 24 hours in general.
- Clients can also choose to log in with Facebook, Google, or Apple Accounts.
- You can also deposit via cards, e-wallets and cryptocurrencies.
Arbitrage strategies carry along with them latency abuse, price manipulation, and time manipulation. If you are found using these strategies, LimeFx might cancel your orders, cancel your profits, close all your trading accounts, and refuse to allow you to open a new one. Also, addition, orders less than 180 seconds can be considered abuse and canceled too. The first step to start copy trading is to fund your CopyTrading wallet with a minimum investment sum of $25, some Master Traders require higher minimum investments. If you have funds in your LimeFx trading account already, you can simply do an internal transfer to your CopyTrading wallet.
The customer support of LimeFx is available 24/7 via live chat and email, they respond quickly, and their answers were satisfactory. After every chat and email, the system sends a feedback form, for users to rate the support received with a thumbs-up or thumbs-down, and a space for comments which is optional. Some representatives could not answer some questions and referred us to send an email enquiry instead. Some chat agents declined to answer some questions, claiming they could only give such information to registered LimeFx traders.
We have reviewed the available methods to connect with the customer support staff at LimeFxFX. In the personal area, there is an option to ‘get verified’. This will require clients to upload a scanned copy of their name and address proofs. The executives at https://limefx.biz/ LimeFxFX will verify the details and will send a confirmation email. The confirmation is generally done within 1-3 hours but can also take up to 24 hours. The FSA of St. Vincent and Grenadines follows the guidelines and regimes of St Vincent and Grenadines.
LimeFxFX does not charge any fee for deposits or withdrawals in Malaysia. The minimum deposit at LimeFxFX is $5 or RM 1500 with local bank transfer in Malaysia. The minimum deposit amount is different for each accepted method at LimeFxFX.
The trading platform is where traders will spend most of their time trading forex and CFDs online. It is important to comprehend the available features and terminologies available at a trading platform to make better trading decisions. Trading platforms for desktop, mobile and web traders are available at LimeFx.
To make money, you will need to make profitable trades on the platform. However, remember that trading involves risk and you can lose your money as well. Step 5) Select the account type you want to open (MT 4 or MT 5), select Live Account, choose your preferred account currency, set a leverage limit and click ‘Make a deposit into account’. Step 1) To open a trading account on LimeFx in Malaysia, go to their website homepage at and click on the ‘Open Account’ button, highlighted in blue colour, at the top right side of the home page. Yes, LimeFxFX allows withdrawal of funds through multiple methods. Clients residing in Malaysia can deposit and withdraw through credit/debit cards, e-wallets, and cryptocurrency wallets.
The minimum withdrawal amount on LimeFx is MYR 20 for local bank accounts, $5 for withdrawals to e-wallets, and $20 for cards (Visa). Tradeable instruments on this account are currency pairs, and CFDs on energies, metals, cryptocurrencies, and 4 indices. Recommended deposit amount for MT4 Account is also USD100 and you also have negative balance protection. If you suffer a loss from an unsuccessful trade, any negative balance that accrue in your account will be reset to zero and you will not need to deposit any money to clear the negative balance.
