This broker offers its support in several languages, which include Arabic, Bulgarian, English, Chinese, French, Czech, Korean, German, Russian, Spanish, and several more. 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.

LimeFx research tools can be qualified as high-quality and are very diverse, as the platform provides both fundamental analysis and technical analysis reports that help traders in coming up with trading ideas. Both deposits and withdrawal fees charged by this broker seem to be high compared to other brokers, which is a downside of trading with LimeFx. The identity verification limefx 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. The JForex 3 desktop platform is a feature-rich version of the web version.

Forex ECN Account

They also have great bonuses and are one of the best regulated brokers in the space. They have a banking license, which allows for security https://limefx.biz/ and protection of funds to be a particular focus of theirs. The max you can deposit via a credit card or debit card is £7,000.

At first everything was going well, but gradually a lot of problems arose… Trading speed decreased, withdrawals took longer to arrive, slippage increased… Also, this broker does not offer MT5, so some features are not available. If a broker has a score less than 80, like this one, we won’t recommend it to you. So that we don’t waste your time, we don’t update these reviews either.

• They are trying to get customers, and why they have what seems like attractive offers but trust me it’s not worth it.
• As per our LimeFx reviews, we can say that the JForex desktop platform offered by LimeFx is its universal trading software, which is designed for manual and automated trading and uses Java programming language.
• Many users recommend the company as a worthy broker, providing wide possibilities for earning real money.
• For the Cons, proposals vary according to the entity, and higher deposits might suit more advanced traders.
• 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.

In addition to this protection, LimeFx Bank protects trader deposits by carefully managing its liquidity and assets. It does not have any real estate property or risky securities and does not provide credit. LimeFx really ticks a lot of boxes for traders, whether limefx forex brokers reviews they are retail or institutional clients. They are particularly well suited to active and automated traders due to their competitive spreads and discounts of high volume trading. They offer competitive spreads, especially when it comes to those placing a lot of trades.

They offer Demo accounts for both Forex and binary options traders and an Islamic account for Sharia Law followers. 77% of retail investor accounts lose money when trading CFDs with Plus500. If you’re looking for a broker that is very popular amongst professional traders you should take a closer look at LimeFx.

Platforms

I think this LimeFx is nothing more than a scammer under the banner of the so-called forex broker… The customer service rejected withdrawal for many reasons and asked for taxes. The Geneva-based brokerage was founded in 2004 by Dr Andre Duka and his partner, Veronica Makarova. It serves retail clients with a license from the Swiss Financial Market Supervisory Authority . Sign up to our newsletter in order to receive our exclusive bonus offers and regular updates via email. However, traders are able to use a third-party solution to connect the SWFX to an MT4 environment (third-party provider’s MT4 bridge).

And not only is the quality of data high but it can be exported for further analysis. 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. To learn more about how we test and recommend brokers, read our methodology.

Does LimeFx Offer Access To A Broad Range Of Financial Instruments?

There is also a massive array of research tools available to you through LimeFx. You will be hard-pressed to find a better research offering elsewhere. As a result of their EU brokerage license they got in Latvia, they are fully licensed in Europe by a respected authority.

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.

MetaTrader 4 is the most popular trading platform among traders from different parts of the world. Its main features include templates that can be easily customized and Expert Advisors . 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 features of the other trading platforms at LimeFx.

The MT4 is highly prevalent and praised by all professional traders. With amazing charting, automated trading bots , and sleek indicators, MT4 hardly needs an introduction. LimeFx utilizes modern trading technology with its proprietary and advanced JForex platform suite – JForex 3, compatible with both Windows and Mac Desktop, and Android/ iOS devices. Some traders prefer their supportive MetaTrader 4 platform, however, the JForex 3 endows an immersive and best in class trading experience. Apart from 653 symbols, 61 forex pairs and 593 CFDs to choose from, it also offers cryptocurrency trading with CFDs on major crypto assets and non-CFD on its proprietary launched crypto-asset Dukascoin (DUK+). If you are looking for high-volume trading, LimeFx may fit your niche.

Account Types

For example, accounts with a balance lower than $100,000 will not be able to access the bank’s FIX API or the bank’s guarantees according to the information provided by LimeFx’s website. LimeFx is a Swiss bank and trusted online broker regulated by 2 top-tier jurisdictions. The minimum deposit for the Swiss-based division of LimeFx requires $1000, while European based subsidiary needs a minimum deposit of $100.

Customers can access banking services and have Swiss FX and e-banking accounts that can be linked to their mobile apps. This helps the clients to transfer money across accounts for free, and they can also have plastic or virtual LimeFx cards. 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. 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.

Of course, there is a commission of $3.5 per lot traded, which can be decreased to $2.5 per lot if a trader deposits more than $25,000 to his trading account. There is sufficient reason for both small and large traders to enjoy the best trading conditions that have the most economical trading costs among all overseas financial companies. Since LimeFx is based on an ECN model, clients get direct market access that is devoid of any conflicts of interest between a broker and its clients. Unlike a market maker, LimeFx does not become a counterparty to their trader’s positions, which should prevent traders from worrying about any broker scams or fraudulent activities. LimeFx accounts can be funded using credit/debit cards, bank wires, and e-wallets. All deposits and withdrawals may have additional fees for transfer that can cost anywhere between 1 to 3% of the transaction amount.

IPhone/iPad platform is specially tailored for Apple mobile device users. The spreads stand at a minimum of 0.5 pips per unit currency. LimeFx is a very credible trader that has a large clientele base all over the world. This has forced it to make long-term strategies to accommodate all its clients. This is like expanding its offices so that apart from its headquarters in Switzerland, it has offices in Japan, Ukraine, Russia, Hong Kong, China, Latvia, and Malaysia. It has also made necessary adjustments to its system to accommodate various languages used by many of its clients such as Russian, Spanish, English, Arabic, Arabic, Portuguese and Chinese among many other languages.

I lost connection when logging into my Dukkascopy account frequently, but the support staff did not give me any solutions all the time. A default commission rate of 0.7 pips brings the average total trading cost to approximately one pip, which is similar to other providers. All information on 55brokers.com is only published for general information purposes. We do not present any LimeFx advice or guarantees for the accuracy and reliability of the information.

The company offers a range of trading services designed for both beginner traders and professionals. As one of the good advantages, LimeFx covers almost the globe, so traders from various countries can sign in, also with thelowest spreads. LimeFx is a Swiss Forex and CFD broker with multiple options for traders. Along with trading services, they also offer other banking services of interest to FX traders, corporations, and institutions. Services apart from FX and CFD trading include but are not limited to foreign exchange, credit cards, and e-banking. 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.

Its achievements have been recognized, and for the last few years, the bank has been honored to receive multiple leading awards that are counting. A four-step online application processes new account openings. Account verification is mandatory to comply with regulator mandated AML/KYC requirements.

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. They are constantly changing the types of bonuses they have for their customers. They offer both traditional trading accounts and ECN options as well.

There is a diverse LimeFx offering provided by the folks at LimeFx. They offer you access to the Swiss FX and CFD marketplace, which gives you live listings of the prices of major currencies. The LimeFx trading platform launched in 1999 as part of LimeFx Trading Technologies Corporation. The Swiss brokerage house aspect of the company was started in Geneva during 2004.