LimeFx forex broker: Swiss Forex Bank ECN Broker Managed accounts Swiss FX trading platform

Each allows automated trading and offers platforms which let the trader execute automated trading strategies. Traders who make their own trading decisions can also use these platforms. Kindly note that the prices offered on the SWFX are unique LimeFx prices based on a combination of prices and liquidity provided by major banks, brokers and other marketplaces. The combination of numerous liquidity providers allows clients to benefit from narrow spreads and deep liquidity.

Furthermore, Jforex 3 platform competes well with Metatrader, which also supports algorithmic trading and offers trading indicators. The traders can access cloud storage and VPN services, which can be used to run the trading systems 24 hours. This broker also provides an app store with several apps that can be used by the traders in Jforex 3 platform. When I contacted their customer service team to request a refund, they refused to provide me with a full refund and only offered a cashback of future fees. Bank Accounts – LimeFx.com offers a Standard (web-based) and mobile e-banking solution for its trading clients. There is no fee to open or close the account but there may be a maintenance fee if no trading or foreign exchange transactions are made in a six-month period.

LimeFx Europe is an EU licensed ECN Forex broker owned 100% by the Swiss Forex bank LimeFx Bank SA, since 2011. LimeFx Europe provides access to the Swiss Foreign Exchange Marketplace on the same conditions which are available to the clients of LimeFx Bank. It’s obvious that LimeFx does not offer that many deposit options when they require larger deposits. limefx You can only deposit with a bank wire and no Paypal or credit cards are offered compared to other brokers. The mission of this broker is to offer a very professional Forex trading experience and every trader should be happy to make use of such a professional broker. This sounds a bit odd but this is the experience almost every trader makes at LimeFx.

Mobile Trading Platforms

Upon receiving a deposit, a client immediately gets on his/her registered email address the link to the self-declaration form. Once the form is filled , the funds get credited to the account. In the majority of cases, the reason for the delay in receiving the money is the unfilled self-declaration form. I selling some products online and i received around 200$ to my LimeFx account they’re holding amount, i provided my store link and my sales report and they’re still holding money. 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.

Opening a gold account is an alternative to actually purchasing physical gold. It allows the account holder to own gold without actually having to store it and protect it. All information presented on TopBrokers.com website, including charts, quotes and financial analysis, is informational and doesn`t imply direct instructions for investing. TopBrokers.com will not accept any liability for loss or damage as a result of reliance on the information on this site. Forex pairs, cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.

This broker offers robust charting facilities with several customizable settings and alerts that can be easily added to the screen. The chatting facilities can be operated seamlessly; it also offers technical indicators for trading and mobile trading for its traders. Although LimeFx does not provide MT4 trading platform, but this brokerage offers a solution to access Swiss Forex Marketplace through this trading platform. LimeFx trading platform delivers a wide range of risk management and order execution control tools.

These accounts are the demo account and the live trading account. While both developed their proprietary trading platform, offered alongside the MT4 trading platform, Swissquote has a broader range and more third-party partnerships. LimeFx provides a better prime trading platform, and traders have access to Visual JForex, allowing for the development of automated trading strategies without the need to code. Manual traders may prefer the third-party MT4 additions of Swissquote and assistance they provide. LimeFx is the superior choice for automated traders and grants an overall higher quality trading platform.

Free Trading Education

LimeFx Bank gives customers the opportunity to earn extra profits by serving as liquidity providers on its SWFX market. Interested traders have to create an account, invest at least US$1000 into it, and let LimeFx Bank handle it. Dormant Account Policy – LimeFx encourages clients to prevent their accounts from going dormant. The FX broker is required by law to report all dormant accounts that have more than CHF 100 to a data bank accessible only by the Swiss Banking Ombudsman. If their account reaches this stop loss, all trades will be deactivated and all open positions will be automatically closed to prevent further loss of capital.

• These channels include bank transfer, debit or credit cards such as Visa, MasterCard and maestro and also e-payment methods such as Neteller and skrill.
• Volume and tick data are very accurate, the interface is very well made and has lots of small but very well thought out details to ease the chart viewing experience.
• Withdrawal and deposits from LimeFx is a simple process to initiate and uses various channels.
• Both offer a relatively large number of markets to trade, providing Stocks CFDs in addition to a wide range of other markets.
• To conclude, we can say that LimeFx is the best choice for advanced traders, as this broker provides research, unique features and tools, and competitive rates for its users.

They can use it for offline and online payments and also for ATM withdrawals. They also offer best currency conversion rates and instrument features where you can buy or sell certain shares and also cryptocurrencies without any leverage or opening a trading account. LimeFx Bank provides online and mobile trading services including foreign exchange, CFDs for stocks, metals, commodities, indices, cryptocurrencies and binary options. LimeFx Bank also offers current account, e-banking, and credit card services. As per our LimeFx review, LimeFx Bank is a Swiss financial establishment founded in 2004, which offers services in banking, trading, and online brokerage for Europe and Asia clients.

There are no particular bonuses at LimeFx Forex broker, but you don’t even need them, because there are numerous of different contests you can take part and win some huge rewards. The contests are made on daily, weekly and monthly basis and they are oriented to different categories of the general trading activity – including based on the trading instrument or the market movements. The trading experience with Jforex 4 is simply put enjoyable, the professional platform gives the user more confidence in his/her trading approach.

Trade execution is instant and cost per trade goes down as more you trade. Contact us directly for further inquiries about our products and services. Business Introducer – The Business Introducer solution is for market gurus, thought leaders, internet influencers, and web publishers to capitalize on their traffic. Business Introducers can earn as much as 50% of LimeFx’s commissions for qualified businesses.

In addition, dormant account holders have to pay any fee incurred by LimeFx Bank while conducting research to identify the owner of the dormant account. Deposit Insurance – As previously mentioned, each client’s deposits are insured up to CHF100,000. But LimeFx Europe clients are protected according to EU regulations up to EUR20,000. limefx website LimeFx charges a commission of $3.50 per lot per side for the MT4 and MT5 Raw Spread accounts while the cTrader Raw Spread account charges a commission of $3 per 100,000 USD traded per side. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

DAYLIGHT SAVINGS TIME ENDS FOR EU CFDs

Yet, the trader needs to do their research, gather all the information and analyze before proceeding with any type of CFD trading. LimeFx offers a forex and CFD trading account plus a binary options trading account. Managed accounts are also available, with a Percent Allocation Management Module , customer reviews of which are positive. LimeFx offers demo accounts for forex and binary options trading using the JForex4 and MT4 platforms.

First of all, bonuses aren’t client funds, they’re company funds, and fulfilling the heavy requirements that are usually attached to them can prove a very daunting and difficult task. Remember that brokers who are regulated and legitimate do not offer bonuses https://limefx.name/ to their clients. In 2006, the company launched its banking arm, offering current accounts and credit card services. In 2015, LimeFx extended its e-banking reach, acquiring LimeFx Japan K. K., a bank regulated by the Financial Services Agency of Japan .

LimeFx Wealth Management

Trading speed decreased, withdrawals took longer to arrive, slippage increased… Also, this broker does not offer MT5, so some features are not available. LimeFx offers proprietary JForex 3 trading platform which supports algorithmic trading, custom indicators, and has hundreds of apps available for it at LimeFx app store.

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. LimeFx Bank SA provides unique opportunities for the users so that they can get a 10% bonus of the account equity for the self-trading accounts. The users can apply for a bonus within 30 days from their last credit on their account. Moreover, a bonus subscription offers conditions on the traded volume, and within one year, the bonus will be credited to the account. As per our LimeFx bank review, we can say that this broker offers near-identical types of accounts for all its traders only with a slight difference.

LimeFx Europe offers an access to the Swiss Foreign Exchange Marketplace. This market provides the largest pool of ECN spot forex liquidity available for banks, hedge funds, other institutions and professional traders. Account types are based on the initial deposits that customers invest. For example, they offer account starting from USD $100, over $5,000, over $100,000 and over $250,000.

LimeFx’s cryptocurrency business was a major focus for clone firm scams as the pandemic has made people more susceptible due to concerns about personal finances. The asset index contains 50+ Forex pairs plus many equity indices, oil trading, gold, and silver on spot. The minimum account for opening a new account with LimeFx Europe is just $100 and you may fund it via Cards and Bank Wire.

Additionally, you can test your automations against historical data. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The Bank is pleased to introduce Western Union as an addition to the wide array of money transfer services offered by LimeFx Bank such as SWIFT, SEPA, Skrill, Neteller, and others. Deposit protection regulation is changing from 1st January 2023 for accounts held at Swiss banks for specific customers. LimeFx had recently expanded the list of CFDs with 28 Stock CFDs from Mexico, the Volatiltity Index (VOL.IDX/USD) and the South Africa Index (SOA.IDX/ZAR) for users of proprietary trading platform – JForex. Scammers are also using branding from legitimate, regulated companies and even cloned websites to solicit people to make LimeFxs.

Account holders cannot withdraw any physical gold from their accounts, only the equivalent value in their selected currency. If you are interested in opening a gold account, you can contact your account manager. Dormant accounts are also subject to account maintenance fees of CHF500, but never exceeding the account balance.

They have offices in five cities around the globe; Geneva, Riga, Kiev, Tokyo, and Hong Kong. A 10% bonus of the account equity for all self-trading accounts. I have been operating with this broker for months and I would like to REPORT it to other wiikifx users! At first everything was going well, but gradually a lot of problems arose…