Week ago I got notified from LimeFX that my card is suspended due to decision of Corner Bank to stop issuance and support of all client’s cards issued in frame of partnership with LimeFX. They also stated that my money is safe in my account at LimeFX Bank. 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. Week ago I got notified from LimeFX that my card is suspended due to decision of Corner Bank to stop issuance and support of all client’s cards issued in frame of partnership with LimeFX.
Our institution is currently taking all required measures and legal remedies to protect its interests and its clients’ interests. 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 TV is a professional television station based in Geneva that distributes stories from in-house reporters that perform interviews and market research. The information isn’t only topical and intelligent, but it is also professionally designed and instructive, making it valuable to all customers, regardless of the level of ability. Clients can choose between opening an ECN account using LimeFX EU or LimeFX Bank in Switzerland. The Swiss one, on the other hand, requires $5,000 – however a client is a Swiss resident, the minimum is then at $1,000.
You will have to do it in English, as they do not have a service in New Zealand. Although this may be a problem, it is compensated by the fact that customer support is available 24 hours a day. Although it is not easy to find, if you are not registered, it also limefx courses scam has a live chat service. You will find it on the page that you will access when you try to open an account. Walletadviser.com helps users find the best financial services and offers. We do not guarantee that the information is accurate, current, or complete.
- TradingBeasts helps individual traders learn how to trade forex, cryptocurrencies and other assets as CFDs.
- Throughout their active position in the industry and engagement into social activities through communities, the broker gained a reputable place in the market.
- However, the conditions to be able to withdraw the money are really hard and we don’t think it’s very interesting.
- LimeFX is divided into three locations to offer services in the different continents of the planet.
- Experts’ opinions constantly confirm this, as it is the best way to learn how to invest money safely in trading operations.
LimeFX is regulated by FINMA and JFSA ; headquarters are located in Geneva, Switzerland and international offices include China, Japan, Latvia, Malaysia, Russia, Ukraine, and UAE. We use dedicated people and clever technology to safeguard our platform. 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. Worst experience I’ve had with a bank, no matter traditional or fintech.
Great for Forex!
If your account belongs to LimeFX Bank SA, the initial deposit should be 1000 USD. LimeFX Japan, located in Tokyo, fully owned by LimeFX Bank is also licensed as a Type-1 broker. LimeFX Bank is regulated by the Swiss Financial Market Supervisory Authority FINMA both as a bank and a securities dealer.
Charting is easy to use and includes a lot of features, like a set of 46 technical indicators. Given that the 5k minimum was one of your major criticisms, maybe you should revise this review. This is a big institution, with several branches and sometimes with complicated procedures. I’ve had to spend a lot of time to understand all the structure and get all the information and this means they suck at user-friendliness but don’t worry, it’s not a deal-breaker. LimeFX Bank SA informs about its websites’ fraudulent clones on the domains and wap.dukasap.com.
Users caught spamming or abusing will be deleted from the site and prohibited from future registration at thatsucks.com and affiliates. We recommend staying within the range of good taste and respectful language to avoid any unpleasantness. The Japanese branch is LimeFX Japan K.K, which is a Type-1 licensed broker located in Tokyo and regulated by the Financial Services Agency of Japan . Comparebrokers.co needs to review the security of your connection before proceeding. Alexa is a popular web service known to rank websites by their estimated popularity.
Opinion about LimeFX
The main prerequisite for automatic processing is the self-declaration by a client of the purpose of the incoming or outgoing payment. 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. They pretend to be an ECB broker, which should mean that they only match traders orders with these from their liquidity providers but I think this is not the truth.
For instance, many scam brokers will charge hefty withdrawal fees that don’t just cover service charges. Inactivity fees are normal, but if they are close to $100 for just a month or six weeks without trading, that is often suspect. However, because the broker is regulated by the FCA, there is a high chance that it is not a scam. With that being said, it still does not mean that LimeFX is the best option, as there are also hundreds of other regulated brokers with similar or even better trading conditions. Between 74-89% of retail investor accounts lose money when trading CFDs.
The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the LimeFXpanies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
Eightcap Review 2022 – Read Before You Trade With It
All opinions agree that LimeFX is a broker for transparent and secure trading. All the tools offered by LimeFX are listed on the left side of the website. In this way, it is really easy to access all the available information (slides, online charts, real-time bonuses).
The seller asks to be paid via international money orders, checks, direct bank wires or cryptocurrency and will not accept any other form of secure payment. Retail FX broker and bank LimeFX, based in Geneva, Switzerland, has announced about the opening of its Representative Office in Dubai – Dubai International Financial Centre . The Swiss brokerage has added one more location to its global network. The bank already has representative offices in Hong Kong, Kuala Lumpur, Moscow, Kiev and Tokyo. Another one of the great points to mention within our LimeFX review is its highly qualified customer support available around the clock and giving relevant answers for any question you may have. We test its service and got scored them at the highest points for quick response, relevance and overall ranking.
Please read LimeFX Reviews below and share live trading experiences with this broker. 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. JForex 3 compares strongly to MetaTrader since it offers algorithmic trading and configurable indicators. Traders may also employ cloud storage as well as VPN providers to operate their trading systems all the time. Users may also employ the JForex 3 platform suite with the broker’s app store, which has hundreds of applications. Generally, the broker clearly understands trade technology and offers users the instruments they require to thrive.
But it is not possible to invest in ETFs, something that for a service of the average quality that we have here would have been desirable. LimeFX is a Swiss bank which also functions as a broker for trading on the Forex market. It is a broker that has the support of the Swiss government, which allows trading in currencies, crypto-currencies such as bitcoins, raw materials, energy, bonds and shares.
Is LimeFX a true ECN?
In order to open an account quickly, the users’ opinions advise to provide all personal information per line and make an initial deposit of at least 1,000 USD. The users’ opinions recommend at the beginning to experience the trading from the demo account, because it is safe and without risks. Thanks to brokers like LimeFX, small investors have been able to access online trading on the Forex market. This is a safe broker, in which after creating your account you can invest your money in an intelligent way, as long as you are well informed. We think that LimeFX has done a decent job in allowing its customers a safe and simple way to invest in top cryptocurrencies like Bitcoin, Ether and Litecoin.
When you get started at LimeFX, you’ll find that you’re presented with a choice of different trading platforms. These include the likes of the brand’s own JForex 3, the well-known MT4, and the Web Binary Trader which caters specifically to binary options. Beyond these demo accounts, you can get started proper when you open a live trading account. Further account options include the multi-currency account and there is also the option to open a live account in gold. We should also note the fact that this bonus is also available for forex accounts.
- All of which should provide you with plenty of help at LimeFX.
- LimeFX is a Swiss bank which also functions as a broker for trading on the Forex market.
- It’s free to download the app, although you might be hit with some charges should you exceed the permitted number of SMS alerts each month.
- CFDs are complex instruments and bring high risk of losing money because of the leverage they provide.
- The fees for holding positions overnight depend on a formula they call trading activity.
Keep in mind that some types of trading, such as CFDs may be restricted in certain countries. Swiss regulation obliges banks and financial intermediaries to keep records on all transactions. This ensures that entities cannot offer different prices to different customers.
Overall, if you don’t know what you’re doing, it’s not for you. Right, you sometime have to wait a day before your more complex technical questions are answered, but they are eventually answered COMPETENTLY, TRANSPARENTLY AND HONESTLY . LimeFX https://limefx.name/ is both broker and bank that is why it offers a lot of options and that is an advantage. I appreciate transparent pricing environment here and stable server without any breaks. It allows reacting without delay under various market situations.
U.S., Belgian, Israeli, and Canadian clients are not accepted. LimeFX is a long-time leader of the online trading industry, offering FX, CFD, and Binary Options on different trading platforms. The owning entity is LimeFX Bank SA and it’s very important to note that we are dealing with a Swiss Bank, regulated by FINMA .
As for currency extraction, this Swiss broker does not set a limit. The only possible restriction will be tied to the available liquidity held by LimeFX at the time of extraction. On the official website, you can check all the resources that LimeFX provides.