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Perhaps the web-portal is a bit overloaded with graphic elements. The trading platform is awesome and it’s a nice way to open a bank account in Switzerland. LimeFX is a member of the Association Romande des Intermediaires Financiers and is audited by KPMG. limefx broker reviews In March 2009, the company submitted an application to obtain a Swiss banking license, adding an additional measure of security for its clients. There are a few trading orders to choose from, including the popular Stop Loss order and Take Profit orders.
You can reach the customer support representatives from the administrative team at LimeFX Forex broker via email, phone call and via an online integrated live chat. LimeFX, being a big name in the fore trading industry with plenty of customers, has invested in among the best trading platforms that help in the effective execution of trades. The platforms include the limefx forex broker jforex universal trading tool, jforex web 3 instant market access and the jforex trader for the mobile platform. DailyLimeFX adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.
Research and Educational Tools by LimeFX
You can choose from jForex Trader for iOS and jForex Trader for Android. Both apps support Wi-Fi, 3G, as well as Edge Internet connections. They also have all the https://limefx.vip/ features of the other trading platforms at LimeFX. The broker allows its clients to open current accounts and self-trader accounts in non-deliverable gold.
LimeFX Bank accepts deposits with a wide range of currencies for forex trading. One of the quickest and simple ways to fund the account is through wire transfer, which is cleared in 1- 2 working days. After opening the account, the users should choose the amount they would like to deposit and the type of account they need to start trading.
It doesn’t cost anything to open a 14-day demo account at LimeFX. LimeFX TV – In addition, there is the LimeFX TV, which features music, interviews, forex & markets, forecasts & analysis, tutorials, and entertainment & fun. LimeFX will then match the investor’s sell trades with its other clients’ buy trades at the same ask price.
The Jforex Universal Trading Tool
We will cover their fees, minimum deposits, available financial instruments, along with many other interesting and useful details. You can then make an informed decision on who you choose to trade with. For low fee forex trading, LimeFX and LimeFX are great. LimeFX Bank is a Swiss financial institution founded in 2004. LimeFX provides banking, online brokerage, and trading services for clients in Europe and Asia. They focus on offering Contracts for Difference , Forex, binary options, and cryptocurrencies for their growing user base.
This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information.
Vital Trading Information About LimeFX
If you want to be trained in Forex trading the online markets, this is a good website to teach you and help you study. You must understand that Forex trading, while potentially profitable, can make you lose your money. Constantly improving execution and at the same time lowered minimum requirements while offering ECN trading to everyone. As a matter of fact, they’ve become a bank and now all the deposits are in safe Swiss hands. Where they perhaps fall short is perhaps in lack of choice and certainly when it comes to fees. However, for the right type of trader, paying a premier to use a safe Swiss platform might be a sacrifice worth making.
It offers individual accounts, joint accounts, or corporate accounts. 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.
- Account types are based on the initial deposits that customers invest.
- If you know just a little bit of Java, you can start building everything imaginable, making use of the simple and well-documented JForex API – or ask one of the external programmers for help.
- Topics such as Money Management and leverage margin are must learn topics for all beginners.
- The low spreads offered by this broker are perhaps one of their most reliable and most popular features along with their excellent mobile offering.
- Payment protection is provided for Swiss accounts for up to CHF 100,000 deposits and for European clients for up to EUR 20,000.
The identity verification process can usually be completed within 24 hours or less, especially if the user’s identity can be verified via video. LimeFX offers the same account for both individuals and companies. The account allows them to trade with CFDs, forex, cryptocurrencies, and precious metals directly.
LimeFX Products
This group primarily provides online and mobile trading services through the SWFX – Swiss FX Marketplace which offers online and mobile Forex, precious metals as well as CFD trading options. The SWFX connects 20 major banks and automatically executes orders on a Straight Through Processing basis. Most importantly, both buying and selling side participants interact on an equal footing. LimeFX is one of the oldest Forex organizations and has a variety of reviews in the network, both positive and negative .
The required traded volume for this bonus offer is 50,000x the total account equity and it should be cleared within a year of receiving the bonus. Open a Trading Account at the head office is only possible for residents of Switzerland with a deposit of $ 5000. For traders from other countries, including Russia, opening an account is carried out in a subsidiary LimeFX Europe with a minimum deposit of $ 100. In Europe, Dukasbank is licensed and regulated by the Swiss Financial Market Supervisory Authority .
Withdrawals And Deposits
It is available, like the website, in many different languages. This broker did not score well during our testing process and is not recommended by our experts. We strongly suggest choosing a broker that has gained a high score through excelling in all departments instead.
Managed accounts are also available, with a Percent Allocation Management Module , customer reviews of which are positive. One of the most advantageous features of LimeFX is it offers a Metatrader 4 trading platform connected to FX marketplace. This helps the traders trade seamlessly in the forex market by using manual or automated trading or taking advice from expert advisors and trade. Trading commissions differ when the trader uses the Metatrader 4 with this broker. Many users recommend the company as a worthy broker, providing wide possibilities for earning real money. LimeFX does not stop in development, proves the seriousness of intentions, so today we will not evaluate it as a scam company.
LimeFX video tutorials cover three topics related to the bank’s services, while webinars provide the general educational content. LimeFX maintains an excellent selection of assets which consist of currency pairs, commodities, equity and index CFDs, cryptocurrencies, bonds, ETFs, and binary options. The 61 currency pairs provide pure Forex traders with acceptable exposure, while eleven commodities add diversification opportunities.
Card deposits are charged at 2% with withdrawals at €1.50 + 2.5%. With ewallets, both deposits and withdrawals are charged at 2.5%. Wire transfers are free, however international withdrawals are charged at $50. LimeFX Europe IBS AS is EU licensed LimeFX brokerage company which is 100% owned by Swiss Forex bank LimeFX Bank SA.