Over many years, LimeFX Banks has won numerous industry awards including “Best Global Forex Bank”, “Binary Options Broker of the Year”, “The Best Forex Brand” and “Best Forex ECN/STP Broker”. The LimeFX TV video updates are automatic, high quality and cover a range of different trading topics. I think this platform can be useful for those of you who may not have your own device available and need quick access to your account. With the cloud storage, you can open your trading platform on any computer with the layout and chart templates synchronized. From there you can easily monitor your exposure by assets, instruments or positions. LimeFX offers the deepest source of liquidity in the industry resulting in tight spreads.
Thanks to its JForex platform suite, LimeFX provides forex traders industry-leading trading tools and market research, which includes our favorite mobile app for 2020. Drawbacks include unreliable customer service and a narrow offering of tradeable markets. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. None of the blogs or other sources of information is to be considered as constituting a track record.
- Having a broker that can hire people from various locations in the world who can better communicate with you in your local language is a huge advantage well trying to deal with issues.
- Me, I got caught in this trap, but I had nice results, what is bad is that I’m having problems withdrawing money but I’ve always received their support.
- Traders can individually set their balance on the demo account between 1,000 and 1 million dollars.
- The major advantage of the web version is that it runs on all operating systems and requires no downloads.
- This helps the traders trade seamlessly in the forex market by using manual or automated trading or taking advice from expert advisors and trade.
It is regularly updated on the website usually more than once per day. If you are not sure what to trade and need to be pointed into the right direction, you may find the trade ideas very useful. I had a look through and was made aware of some potential market moves that I may have otherwise overlooked. The platforms that the broker provides you with should have more than enough tools to meet the demands of most traders.
They keep all customer funds in a separate bank account with tier-1 banks. LimeFX has been in operation since 2004, with its headquarters in Switzerland. LimeFX also runs LimeFX TV, which provides details videos on market news and analysis.
LimeFX
Tier 1 is the official measure of a banks financial health and strength. Attractive spreads (base spread for EUR/USD and USD/JPY 0.2 pip). Is a Type-1 licensed broker located in Tokyo, Japan, regulated by the Financial Services Agency of Japan .
- Every attempt is made to ensure information published is correct and up to date, however no guarantee or warranty is given as to its accuracy or reliability.
- The broker delivers direct market access with low spreads and instant execution speeds.
- The web platform is great for when you need to access your account from any device and it is always up to date.
- Bank Accounts – LimeFX.com offers a Standard (web-based) and mobile e-banking solution for its trading clients.
To score Customer Service, ForexBrokers.com partnered with customer experience research group Customerwise to conduct phone tests from locations throughout the UK. For our 2019 Review, 229 customer service tests were conducted over six weeks. The procedure lasts a few minutes, and the account holder should be at least 14 years old. The identity https://limefx.biz/ verification is done through videoconference at a time convenient to the client. The applicant’s ID or passport should have a machine reading zone for the video identification to be successful. For new improved overnight rates and other detailed information about the trading conditions please consult the corresponding sections of the website.
Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged. The demo account can be used without restriction for only 14 days after account registration. Other brokers offer unlimited use and access to the demo account. On the positive side, functionalities like SMS or infomail work with a demo account version as well.
FAQ About LimeFX
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. The trader can use a demo and a live account of the program on Linux, Mac, and Windows without installation. Make buy and sell trades, learn how to take advantage of global trading times and most importantly learn how to mitigate and manage investing risk.
Past performance of any results does not guarantee future performance. Therefore, no representation is being implied that any account can or will achieve the results indicated in this website. Besides trading costs, traders have to pay a charge to get notifications through SMS. The SMS service includes a statement by their subscriptions. The SMS charge is EUR 0.07 per SMS and will convert in the case of other deposit currencies.
Throughout their active position in the industry and engagement into social activities through communities, the broker gained a reputable place in the market. Their achievements have been recognized times and times, for the last years, they were honored to receive multiple leading awards that are counting. Specific wealth management programs offered for the clients. They are also members of ACI Suisse, an international association for financial professionals with over 13,000 member institutions all over the world. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation.
LimeFX forex/CFDs ECN account
Not only JForex, trading in LimeFX also offers access to MetaTrader 4 platform that is appreciated by many traders around the world. It has main features such as expert advisors and customizable templates. Besides lots of limefx official site currency pair, LimeFX also offers some instruments you would like to trade on, such as Forex, CFD and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions.
I think they could improve by offering non-expiring JForex demo accounts. None the less, they are a great way to practice your trading strategies and familiarise yourself with the platform. You can also open another demo account when the current account expires should you wish. For professional market participants LimeFX Bank offers the possibility of API integration. The API is used to receive real-time data feed, submit orders, set / modify / cancel orders, and receive automated notifications of trading activities. With a FIX API connection, users will still be able to use the standard LimeFX Bank trading platforms with its basic functionality.
It certainly is one of the many areas in which the broker excels. This shows the ratio of the long and short positions opened by traders. The most popular assets are represented on the Sentiment Index.
Playing on DEMO account with decent connection, low latency, and mid-range computer – one has to refresh the chart whenever new bar prints – support cannot pinpoint why is that happening. One big issue for me – My trading strategy relies heavily on volume. LimeFX TV is one of a kind studio located in Geneva featuring insightful market analysis and interviews with influencers. Please enjoy Forex Peace Army interview at IFX EXPO, Cyprus.
The platforms available are sophisticated, yet user friendly and include comprehensive trader tools for in-depth market analysis. All trading strategies are permitted which includes scalping, hedging and automated trading using robot software. LimeFX forex broker has been operating on the international financial markets since 2000. The company offers its customers unique access to the first Decentralized Marketplace in the world, joining the best liquidity of centralized marketplaces and a large number of international banks.
We however do not cover every online broker or trading platform available in the market. Every attempt is made to ensure information published is correct and up to date, however no guarantee or warranty is given as to its accuracy or reliability. When clicking on an “Open Live Account” button, you will have an opportunity to review the product’s terms & conditions on the provider or brokers web site. The broker rating displayed is only one factor to take into account when considering these products. Engine Forex may receive a commission, referral fee or payment from a provider when you click on a link to their brokerage firm. Products included on this site may not suit your personal objectives, financial situation or needs.
Traders Reviews
You can decide for yourself if LimeFX is a good broker for you or not by reviewing the criteria. In general, LimeFX provides trading service in Forex , Gold & silver , Cryptocurrencies and CFD . As for the payment methods, you can choose between Bitcoin, Credit/debit cards, Ethereum, Neteller, Skrill, Tether and Wire transfer. The customer support is available via Callback, Email, Forum, Live chat, Phone and Web form. LimeFX offers accounts to both retail traders as well as large institutional clients. The minimum deposit for a VIP account is $500,000 USD and it comes with additional services including priority in trading and technical support and a personal account manager.
- Money is cleared from my LimeFX card on 24th March, it was not transferred to my LimeFX account, I do not have any access to it, it simply disappeared and support is not replying at all.
- The SMS service includes a statement by their subscriptions.
- As for the payment methods, you can choose between Bitcoin, Credit/debit cards, Ethereum, Neteller, Skrill, Tether and Wire transfer.
- Together with his partner, Veronika Makarova, Dr. Duka founded LimeFX in 2004 as a Swiss brokerage house in Geneva.
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. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.
Markets
Yet, the trader needs to do their research, gather all the information and analyze before proceeding with any type of CFD trading. LimeFX Bank is a licensed bank and online broker with an electronic platform that is very intuitive and easy to understand, even for beginners. They provide you with a great selection of over 500+ financial instruments for trading and investing with very competitive conditions including tight spreads, low commissions and quick execution speeds. You can take advantage of some excellent trading tools and market insights to help you with your research and analysis so that you can find viable opportunities and make informed decisions.
The Conversion fee is dependant on your base currency, your recieving currency, your payment provider. Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools. A minimum deposit is the minimum amount of money required by LimeFX to open a new online brokerage account with them. The whole notion of regulation is to protect LimeFX traders and provide a safe trading environment.