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You hereby agree that your demo account information will be shared with such representatives allowed to take contact with you. You hereby waive the benefit of Swiss banking secrecy in this respect towards the above mentioned persons and entities. Confidentiality of your personal data will be ensured throughout the group, regardless of the location of specific group units. LimeFX’s platform supports trailing stops on both stop loss and entry stop orders, with the minimum trailing step parameter set to 10 pips.
It is important to note that the amount deposited in the account will limit or enable the trader to access certain features of LimeFX’s platform. The JForex 3 desktop platform is a feature-rich version of the web version. It adds 200 additional technical indicators to the toolbox, along with the auto-trading feature provided by LimeFX’s forex trading interface.
For dormant accounts , any costs incurred in reaching out to the holder of the account will be charged with a minimum charge of CHF 500. Binary options are only available for 18 forex pairs including AUD/JPY, EUR/USD, GBP/USD, and USD/JPY, among others. And yet, is LimeFX a scam or a decent company you can trust? We will answer this question in the detailed review of the broker. It goes against our guidelines to offer incentives for reviews.
They have recently launched this bonus program where you can get a 50% discount on commission—traders who have already traded with different top forex brokersbut have decided to open an account with LimeFX. By using the demo account, the users can test the trading strategies by using the website’s historical and real-time information. These demo accounts are available for 14 days, but you can also request for unlimited period of usage. The trader can use a demo and a live account of the program on Linux, Mac, and Windows without installation. LimeFX offers an excellent trading asset choice, including currency pairs, equity, commodities, binary options, index, ETFs, bonds, and cryptocurrencies.
In 2015, LimeFX extended its e-banking reach, acquiring LimeFX Japan K. K., a bank regulated by the Financial Services Agency of Japan . I’ve tried many brokers for the past 5 years, and you will limefx reviews always find something wrong, especially on these new companies like LimeFX. They are trying to get customers, and why they have what seems like attractive offers but trust me it’s not worth it.
One of the major advantages of LimeFX is, the bank is very transparent and publishes its historic spreads for its users. It offers LimeFX TV where it helps the traders to educate and upskill their forex trading knowledge. Additionally, https://limefx.club/ LimeFX offers the possibility of trading binary options. This allows the trader to profit from very short-term price fluctuations, similar to how CFD works but with higher payout ratios and shorter holding periods.
Broker Information
This trading platform is considered safe as it operates as a bank and is regulated by the Swiss Financial Market Supervisory Authority . At the same time, it also holds licenses to operate as a brokerage firm in Japan and across Europe. There are enough references about dealing with the company in Internet, at that they are more positive aspects, which only confirms the quality of service and favorable trading conditions. There are negative comments in the Internet, but they are far fewer. At the same time, a representative of the broker works on the forum and tries to resolve the questions raised by the clients.
A profitable bonus of the company will allow you to get additional funds for trading. To take part on the offer, you need to apply for a bonus within 30 days from the last deposit. Check with your personal manager information limefx official site about the detailed bonus terms and conditions. All trading related information on the LimeFX website is not intended to solicit residents of Belgium, Israel, Russian Federation, Canada (including Québec) and the UK.
Customer Service
The story of LimeFX Forex broker began back in 1988, when it went online for the first time and when it received the official license to operate in the financial services sphere. Being based in Switzerland, this trading platform, though, has many administrative offices outside its residence and a very strong regulation. The safety measures are provided by the national Swiss Financial Market Supervisory Authority . And since the broker also operates as a bank institution, the security measures are much more and bigger than those in the traditional brokers – regardless its type or residence. LimeFX Forex trading platform does not have any restrictions as to its audience save for the fact that it does not accept any Canada- or USA-based traders. According to the information acquired from their website, this is the daughter company of LimeFX Bank SA. This project started in 1998 in Geneva, Switzerland.
For binary options, LimeFXs Web Binary Trader promises straightforward market access. One-click trading is available and users benefit from predetermined payouts and risks. Available to LimeFX traders is the brokers proprietary platform, JForex 3, the industry popular MetaTrader 4, plus the Web Binary Trader system for binary options trading. LimeFX is an online broker and bank headquartered in Europe. Users can trade forex, CFDs and binary options on the brokers JForex 3 platform or MetaTrader 4 . This company is currently doing a lot of havoc to investors by restricting traders to withdraw and also manipulating investors so they can lose their trades.
STAY AWAY! Fraudelent holding of your incoming funds.
In terms of trading strategies, nothing is prohibited with LimeFX. This means that hedging, scaling and automated robo- trading are all fair game with LimeFX. The broker also claims to guarantee direct market access to all clients. Moreover, they promise equal trading rights and a transparent pricing environment. Moreover, it means that levels of client have the same access and trading possibilities.
- LimeFX provides different types of the trading platform which includes Metatrader 4, and proprietary JForex 3 platform.
- All deposits and withdrawals may have additional fees for transfer that can cost anywhere between 1 to 3% of the transaction amount.
- LimeFX is a very credible trader that has a large clientele base all over the world.
- LimeFX Europe is ideal for day-trading, and scalping at it provides fast execution and very tight spreads.
- With so many apps across the platforms and such a wide selection of supported apps, you really can achieve everything you need on the move.
- The minimum deposit for a European account is $100 or $5,000 for a Swiss account.
LimeFX does not charge any fees when the trader is using credit and debit cards for account funding. It does not charge any fees for funding the account, but some commissions are charged by the third party or partner banks. Please read LimeFX Reviews below and share live trading experiences with this broker. The same funding methods available for deposits can be used to withdraw money from your LimeFX account. Additionally, charts, news, LimeFX sentiment indicators, and many other research tools can also be accessed via the app.
BRIEFLY ABOUT LimeFX Europe
For example, accounts with a balance lower than $100,000 will not be able to access the bank’s FIX API or the bank’s guarantees according to the information provided by LimeFX’s website. It is important to note that all trades made with LimeFX are made via the LimeFX SWFX – Swiss FX Marketplace. This is a marketplace introduced by the bank to provide strong liquidity and instant execution for trades made with LimeFX. For individual stock, indexes, and ETF CFDs trading commissions are usually 0.10% of the value of the trade, with certain minimums applicable based on the geographical location of the exchange. Trading fees and commissions charged by this broker are very competitive.
All of the information and materials available on PublicFinanceInternational.org is not financial advice and is for general informational purposes only. Nor PublicFinanceInternational or any of our affiliates makes any recommendation or implies any action based on the information we proved to you. We don’t make any solicitation or recommendation to take any action or trade or invest in any financial instrument, asset, or commodity. Trading CFDs on leverage involves significant risk of loss to your capital. However, transfers within accounts in LimeFX Bank or entities within the LimeFX Group are free of charge while different fees apply for the bank’s Multi-Currency Accounts.
LimeFX Bank SA Reviews
I would like to thank the designers and programmers of this great program, the only problem that bothered me is that it was a demo for 14 days. Keep in mind they can block your account at any moment without saying the reason for that and you can lose your money. This bank is horrible, I feel regret that I created an account there. They can add it manually to your account with extra high fees.
During this term, I hadn’t any problems, because all of them were fastly resolved by support. The best sides of that broker are constantly improving execution and very high level of quality like a usual swiss bank. A 10% bonus of the account equity for all self-trading accounts. LimeFX Europe has a very dedicated and professional workforce that work round the clock to ensure clients’ needs are fulfilled. They will answer customer queries in time and ensure that they are content in their respective trades. The staff may also occasionally offer advisory services to the clients where the need arises.
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