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Transparency is the Bank/broker’s philosophy and investors’ funds are in safe hands. Between 74-89% of retail investor accounts lose money when trading CFDs with this provider. Risk Warning – Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you are fully aware of the risks involved and the high probability of losing your money.
How reliable is LimeFx?
LimeFx is a Swiss bank and trusted online broker regulated by 2 top-tier jurisdictions. This makes it a safe broker for CFD and Forex trading. Their portfolio of financial products is decent. It should suffice most traders needs.
LimeFx offers an excellent trading asset choice, including currency pairs, equity, commodities, binary options, index, ETFs, bonds, and cryptocurrencies. It offers several currency pairs, commodities, equities, Index CFDs, and several more. A possibility to open an account online from any part of the world. Instant money transfers, payments, online currency exchange, deposits, virtual and plastic cards. As one of few platforms Dukas offers own Volume in jForex (but not in MT4 – sorry!) – verified on 2 DEMO accounts (had opened demo accounts on MT4&JForex platforms at the same time) – volumes differ. So overall, we found LimeFx education at a very good level for all.
Trading Conditions
They have all financial records audited which gives me the utmost confidence that I can trust them with my funds. An investor chooses a manager who trades on his behalf while managing multiple accounts. LimeFx provides all the necessary technological tools for clients to find managers, allocate funds to them and receive daily reports. There is decent selection of different strategies to choose from with different styles and risk preferences.
We use dedicated people and clever technology to safeguard our platform. Also please note that any funds held in LimeFx bank do not and cannot be used to create any sort of illegal profits. We are a strictly regulated entity that is regularly audited by independent internationally recognized audit firms. I would love to investigate and to take a look at your account to understand what was the reason for the closure of your account or delay of any withdrawal.
LimeFx JForex 4 is the best platform!
As well as providing our own LimeFx Review, we would also like to bring you the reviews and opinions of other users. Overall, we’re happy to say that LimeFx consistently rates well when it comes to trust scores. They have a decent score on Trustpilot at the time of writing and do well on other user review sites as well. They get scored well thanks to their trading platform, educational tools. Where they fall short is because of their lack of two-factor authentication and deposit and withdrawal fees. As well as being popular with clients, LimeFx have also won multiple awards and enjoy a strong reputation at industry level.
Once you’ve traded and hopefully made a profit, you can then withdraw your profits. Unfortunately, Dukacopy does have withdrawal fees applied to the majority of their payment methods. Therefore, we recommend waiting until you’ve hit a certain target you’ve set before making your withdrawal. In doing so, you’ll still get your hands on your profits without spending too much on unnecessary amounts of fees.
LimeFx Forex MT4 Account
LimeFx, while celebrating its 10th anniversary, offers its traders an opportunity to get a 100% bonus of their equity account. Traders can apply for a bonus within 30 days since their last amount is credited on their accounts. The subscription applies to certain conditions on the traded volume, which shall be credited to the client account within one year. As per the LimeFx Reviews, we can say that the trading platform is safe, the Swiss financial market supervisory authority regulates it and operates as a bank. Further, it holds licenses to operate as a brokerage company across Europe and Japan.
Swiss branch requires higher initial deposit of $5,000 vs $100 for the European one, investor protection limits also vary by jurisdiction. LimeFx is a broker and a bank established in 2004 and holding Swiss bank license since 2010. LimeFx is regulated by FINMA and JFSA ; headquarters are located in Geneva, Switzerland and international offices include China, Japan, Latvia, Malaysia, Russia, Ukraine, and UAE. It goes against our guidelines to offer incentives for reviews.
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 limefx official site of usage. If you are trading binary options, LimeFx offers Web Binary Trader, which offers access to the FX marketplace. Besides, it also offers one-click trading, which is available for the trader’s benefit.
LimeFx Review Conclusion
LimeFx’s proprietary trading platform is called JForex and it is designed for both manual and automated trading -i.e. The JStore caters to automated traders and trading platform improvements. I’ve tried many brokers for the past 5 years, and you will 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. Their leverage may not be as high, and the trading costs higher, but you will know your money is safe and there is no stealing behind the curtains.
LimeFx bank supports some of the payment options such as wire transfer, credit card, debit cards, Neteller, Skrill, Bitcoin, Ethereum, and several more. This broker offers its support in several languages, which include Arabic, Bulgarian, English, Chinese, French, Czech, Korean, German, Russian, Spanish, and several more. This broker offers advanced charting, range bars, line break charts, and several more. The order was executed with no slippage relative to the market price. For reference, we have provided all the documentation and screenshot in the support response to your original email.
Current Accounts
Customer support there tries to help, but in most cases, it’s all for nothing. Moreover, there’s high trading commission per lot, and it’s not worth it. There are many brokers that provide better trading conditions, so if you’re looking for a good broker – this one may not be the best option. Auto trading there isn’t bad, but it doesn’t cover all the disadvantages.
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 lime fx like a usual swiss bank. Hello everyone it is possible to retrieve your stolen bitcoins. I never believed in bitcoin recovery because I was made to understand that it is not possible.
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MetaTrader4 – A third-party bridge allows LimeFx traders to use the industry-standard MT4 system. So traders more comfortable viewing forex data, gold charts and live price quotes on MT4, can do so. An economic calendar, widgets and advanced charting tools are also available on MT4.
Now in our LimeFx Review, we’ll take a look at the communication channels available with the broker. Firstly, you can contact the LimeFx team in one of 12 international languages. In terms of channels the support team at LimeFx can be contacted in one of 3 ways; telephone email and live chat. For the quickest response times, we’ve recommended using the live chat, which you can video via the icon at the bottom right of the page. The email is, perhaps naturally, the slowest channel and can be reached via the contact form on the website.
- LimeFx is a member of the International Swaps and Derivatives Association which is an organisation that promotes high standards and integrity in the derivatives market.
- We spend thousands of hours a year, both researching and testing brokers, to give you unbiased and extensive reviews.
- Other tools that ease investors to make informed decisions trade are also a part of the research tools.
- Firstly, you’ll have to register your LimeFx account by completing the sign-up and verification process.
Trading reports and trades can be placed by using the app, and the same orders available for other versions are available for the mobile version as well. LimeFx offers traders an equity bonus, a volume discount program, an experience sharing incentive, and an anniversary bonus. LimeFx Europe IBS AS, the Latvia based and EU licensed LimeFx brokerage company, is regulated by the Financial and Capital Market Commission of Latvia . SIA LimeFx Payments, also based in Latvia, is a European licensed payment and e-money company, handling financial transactions on behalf of its parent company.
This is because they operate a tier system that depends on a number of factors. Clients categorised by monthly trading volume, net deposit, and a number of other factors. Additionally, the fees differ https://limefx.vip/ for clients trading on their own and for clients trading with an external manager or attorney. A full breakdown of the fees and commission charges is available on the LimeFx fees page.
Who is the Most Trusted forex broker?
- Best Forex Brokers.
- CMC Markets: Best Overall and Best for Range of Offerings.
- London Capital Group (LCG): Best for Beginners.
- Saxo Capital Markets: Best for Advanced Traders.
- XTB Online Trading: Best for Low Costs.
- IG: Best for U.S. Traders.
- LimeFx: Best for Trading Experience.
However, I think JForex developers could make even more progress if users would have access to a more robust solution concerning watchlists. It would be very welcomed new features that allow users to create multiple watchlists. So far my experience with the platform has been really positive. Im very surprised the platform itself is not that well known among different brokers. In my opinion this platform should be the industry standard instead of MT4.