The website of LimeFx provides support such as live chat and phone support, which is offered in 16 languages, which includes English, Spanish, Polish, German, Italian, Russian, Chinese, and several more. Mobile version of their trading platform is designed for iOS and Android operating system cell phones with user-friendly and flexible interface. Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary. We suggest that you check out this Forex broker for yourself by clicking on this link. It doesn’t cost anything to open a 14-day demo account at LimeFx.
JForex, LimeFx’s Forex trading platform, is available on Mac, Windows, and Linux operating systems. You can also trade through it online as well as on Android and iOS devices. The platform has 250 chart indicators and every popular chart type that you would expect to find on a Forex trading interface. Forex — the foreign exchange market is the biggest and the most liquid financial market in the world. Trading in this market involves buying and selling world currencies, taking profit from the exchange rates difference. FX trading can yield high profits but is also a very risky endeavor.
LimeFx bank offers a JForex web platform that is designed for immediate market access which has similar trading features just like the JForex desktop platform; with slight differences in the platform. 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 https://limefx.name/ by the third party or partner banks. LimeFx spreads are very competitive; the traders find it very good when they pair with major currency pairs. If the currency pairs are very popular, the traders will find the spreads as low as 0.1 pips, which is reasonable. One of the major advantages of LimeFx is, the bank is very transparent and publishes its historic spreads for its users.
Do not provide any personal data on these fraudulent websites. Needs to review the security of your connection before proceeding. The Rating Formula provides a stable, objective limefx reviews and common environment in order to rate all major Financial Companies with precision. The Rating Formula is based on a 4-factor mathematical model explained below.
WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located. A comprehensive historical tick data feed, dating back to 2003 and developed on a Python API is also available. And not only is the quality of data high but it can be exported for further analysis. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up.
LimeFx is one of the very few Forex brokers who is large enough to afford such ECN-like trading environment. That’s why they might answer this way in order to differentiate themselves from other brokers, and without going into much details about ECN-specific rules. But because they’re one of the largest market makers, they have a unique ability to create their own ECN-like trading environment in-house. This means they have enough liquidity to facilitate any amount of trading and any style without the need of external liquidity . LimeFx bank supports some of the payment options such as wire transfer, credit card, debit cards, Neteller, Skrill, Bitcoin, Ethereum, and several more.
TradingView adds LimeFx to list of supported brokers – FinanceFeeds
TradingView adds LimeFx to list of supported brokers.
Posted: Tue, 13 Dec 2022 08:00:00 GMT [source]
The minimum spread when trading EURUSD starts at 0.25 pip and the typical is about 0.5 pip. Large traders pay even less trading commissions (the lowest is $1.0 / lot). Overall, the cost when trading with LimeFx is very low and maybe the lowest offered for retail traders in the whole Forex industry. As per our LimeFx reviews, we can say that this broker offers its users many research and educational tools, written content, technical charts, and it is presented in a good format. The resource material can be accessed on the website, and LimeFx TV also offers various sources of information and several trading tools to help the users to trade manually.
LimeFx TV – Swiss financial television
There is also a pattern recognition tool that can be used for getting trade ideas that are very well organized. LimeFx is a Swiss FOREX bank providing direct access to SWFX . This trading floor provides the largest spot liquidity available to banks, hedge funds, institutional investors, and professional traders. Experience Sharing Program – Traders can earn a reward for sharing their experiences with the broker with their friends and acquaintances. They can activate this program only if they hold live trading accounts. Equity Bonus – Holders of self-trading accounts can claim 10% on their account equity as bonus.
In general, this website is not intended to solicit visitors to engage in trading activities. Leveraged margin trading and binary options entail a high risk of losing money rapidly. Western Union provides online money transfer services in more than 200 countries and territories with hundreds of thousands of Western Union agent locations. The clients using the service will benefit from the vast offer of destination countries and the instant availability of transferred funds.
Cloud storage and VPN services allow strategies to run around the clock. I’ve been using LimeFx bank services for years now and everything works smoothly .. Withdrawals and deposits processed fast usually day or 2 instant execution great customer service nothing actually to complain about .. LimeFx features live economic news calendar, news stream by MarketPulse and Reuters, SWFX Sentiment Index, and a host of other tools for traders. All trading related information on the LimeFx website is not intended to solicit Belgian, Israeli and Canadian residents. You must understand that Forex trading, while potentially profitable, can make you lose your money.
Moreover, the withdrawal cost for a payment card is 1.5Euro with a 2.5% flat commission, while the withdrawal cost for Neteller or Skrill is 2.5%, and the withdrawal cost for Bitcoin is USD 30. Deposits made through Neteller cost 2.5% or 1Euro, whichever is higher, and the deposits made through Skrill cost 2.5% flat commission on the deposited amount. The registration process can be carried out online, and the trader should also note that the identity verification process can be completed in 24 hours, especially if the identity is verified through a video. It provides an economic calendar with the latest news and events in the forex. Market execution with competitive tight spreads are represented by this company in a Straight Through Processing basis. Unfortunately, Premium Trading Rebate is only paid to customers opening an account with LimeFx Europe for the first time.
Products offered by LimeFx
Although I am yet to venture into the trading elements offered by the bank, I have been very happy already. Overnight Policy – LimeFx charges overnight rollover fees based on the currency involved and the target rate of the central bank that issues it. Traders who typically hold less than 20% of their trades overnight are charged a competitive rate while more active overnight traders receive premium pricing. Binary Options – Binary options are not charged commissions, but traders will be charged a small premium with each trade. The premium is subtracted from client accounts before trades are placed, if the account cannot pay the premium trade sizes are automatically adjusted. The first is that all client have equal opportunity to consume or provide liquidity to the market, the second is that all clients have access to the same pricing through its single data feed.
- If automations are part of your trading strategy, LimeFx allows you to set them up either on your local device or through its Strategy Server.
- LimeFx Bank warns any person or client that may have any contact with this fraudulent organisation to avoid any cooperation with this scam company LimeFx Bank SA of Kazakhstan LLC.
- LimeFx continues to develop JForex4 as the main platform, which has 1160 trading instruments, including FX, Bullion, CFDs on commodities, bonds, Indices, cryptos, stocks, ETFs and it keeps constantly expanding.
- There is also a newer version of JForex, called JForex3 which made slight changes and improved the existing platform.
But the most unpleasant thing is when the price has gone solidly, 100 pips in the 5-sign in your direction, and a short trawl, 30 pips, is not exposed for a few seconds. In short, it is no longer suitable for scalping, maybe such a goal is pursued by the broker. But, anyway, thank you for the mutually beneficial cooperation. The main thing is that the rules of the game are known in advance and observed, the rest depends only on us.
Withdrawals And Deposits
As I said before, to improve the tools and client experience, support should be done by traders. Gold Accounts – LimeFx Bank clients can deposit physical gold if they choose. There is no cost to open the account but LimeFx charges a 1% annual maintenance fee for custodial services. LimeFx Bank was founded in 1998 and is headquartered in Geneva, Switzerland. The group offers FX, CFD, and Binary Options trading with a direct connection to the Swiss FX market. The LimeFx Bank address is Route de Pré-Bois 20, ICC, Entrance H, 1215, Geneva 15, Switzerland.
If you are interested, you have to apply for this bonus within 30 days of making your last deposit. The required traded volume is 30,000x the total account equity and should be cleared within a year of receiving the bonus amount. The broker allows its clients to open current accounts and self-trader accounts in non-deliverable gold.
LimeFx continues to develop JForex4 as the main platform, which has 1160 trading instruments, including FX, Bullion, CFDs on commodities, bonds, Indices, cryptos, stocks, ETFs and it keeps constantly expanding. Global regulators say scammers are becoming ever more sophisticated, targeting victims with professional looking websites and messages through social media channels. The mostcommonly reported theftsinvolved LimeFxs in shares and bonds, foreign exchange and cryptocurrencies. The minimum deposit for the Swiss-based division of LimeFx requires $1000, while European based subsidiary needs a minimum deposit of $100.
There’s a Java based webtrader that allows you to trade without a download, at foreign PCs for example. This is their very own platform aimed to professional traders. But due to the fact that you have more than 180 tools to analyze and many more features you might miss at other Forex platforms shows that you deal with a platform that suits the needs of professional traders. If you don’t like JForex you can also go with MT4 and you should already be familiar with this platform. Thanks to the ECN Bridge it’s also possible to trade with MT4 and your ECN account. There’s also an iPhone app for everybody who wants to trade with his mobile.
Forex/Standard Accounts – LimeFx clients with Forex or Standard Accounts can trade FX and CFDs using the JForex platform. LimeFx Europe is a forex trader working under the LimeFx umbrella which was formed in 1998 and is 100% owned by the Swiss bank of limefx LimeFx bank SA. A check on its progress over the years since its inception two decades ago, you can clearly see how consistent it is in performance. This has made it a popular forex trading firm with its many clients who come from every region worldwide.
The website, which remains active, is impersonating the genuine LimeFx firm in an attempt to deceive people into handing over their hard-earned money. LimeFx is without a doubt one of the largest and most reliable brokers and nobody can really disagree. The experiences traders make with LimeFx are very positive. You can find lots of negative experiences with most Forex brokers but not with this one. You have to deposit at least $5.000 and even then you’re no VIP trader.
Trading News – LimeFx has six channels for trading news including Market News, Trade Ideas, Expert Commentary, Technical and Fundamental Analysis, and LimeFx TV. LimeFx will accept deposits in 23 global currencies, Bitcoin and gold. Bitcoin Storage Fee – LimeFx charges 1% every 7 days for all Bitcoin deposits. SMS Fees – LimeFx’s clients are charged a small, 0.07 EUR fee for all SMS messages they receive. LimeFx Europe is registered with FCMC to offer cross-border services.