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With this account, Lime Fx does not charge you any commission on the trade, only fees is their spread. Minimum deposits at Lime Fx will vary depending on your country of residence limefx courses scam and your chosen payment method. They can go as low as $25 (USD) when funding with Visa/Mastercard, to 50 euros (EUR) when using Skrill/Neteller to as much as 500,000 Indian rupees (INR). It’s important to note that minimum deposits and trading costs will also depend on which Lime Fx entity you choose for establishing your trading account. When choosing an e-wallet, traders should consider factors such as reliability, reputation, fees, and ease of use. It’s essential to ensure that the broker integrates with the chosen e-wallet securely, with a reliable payment gateway and adherence to industry best practices for data protection.

Moving on to a popular type of trading at Lime FxFX, Copy Trading and the official minimum required balance does not change. limefx reviews 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. Whilst depositing in cryptocurrency is classified as free from Lime FxFX, you will need to consider that to execute a transfer across the particular chain may bring its’ own fees. The Lime FxFX minimum deposit starts from just $25 which is a positive and certainly low entry point to setting up a new account. This is a great thing to see from Lime FxFX, as many competitors have their minimum deposit set almost 10 times higher.

When it comes to regulations, Lime FxFX is regulated by CySEC under #372/18, and by the regulatory body of Saint Vincent and the Grenadines under #19776. Due to that, we highly recommend Lime FxFX as a great place to copy trade but caution you to remember that due to a limited number of assets, your portfolios can be less diversified. This can result in comparatively bigger movements than a well-diversified holding so is something to keep in mind. For those reasons, our team here at Investingoal is happy to recommend Lime FxFX as a top choice for scalping. If you want to expand your research, and evaluate some options similar to this broker, you can consult the alternatives to Lime FxFX. As with any broker or service, no matter how excellent they are, and popular they become, there will always be a few areas to improve on.