Decreasing commission depending on Deposit, Equity and Traded Volume. The smallest commission is 10 USD per 1 million USD traded (0.1 pips). Web-based platform for people, who do not like downloading and installations, is also available on the website.
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 offers individual accounts, joint accounts, or corporate accounts.
LimeFx also offers clients the opportunity to trade on the MT4 platform or on their mobile trading platform. 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.
Additionally, accounts holding physical gold pay a 1% flat fee per year on the average balance of their gold holdings. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and lime fx posts regardless of such relations. LimeFx Bank is regulated by the Swiss Financial Market Supervisory Authority FINMA both as a bank and a securities dealer. Invite your friends and get rewarded for each user who opens an account with LimeFx Bank. LimeFx Connect 911 is a messenger with an integrated payment system from a Swiss bank.
If you want to choose the demo version, because there is no exchange of funds involved, you do not need to verify your identity. The demo platform is free to use and allows you to trade using virtual funds. Many beginners, and those who want to test the site, use it to practise techniques and strategies and to familiarise themselves with https://limefx.name/ the trading platform. With years of history to offer and a solid reputation, LimeFx also has the financial capital to protect your LimeFx and regulation by one of the strictest regulatory bodies. The Minimum deposit amount for LimeFx trading is set to $1,000. However, for European traders, the initial amount is $100 to start.
How to Open LimeFx Live Account?
Their customer support team, consists of reliable and well-educated experts, is accessible via phone call and email for any trading problem their clients face. Traders can also act as a liquidity provider, placing bids and offers to the marketplace, thus avoiding the bid/ask spread, if they are matched. If a trader limits the amount of slippage, orders may be rejected. Visual JForex is an automated trading strategy which lets the trader build online trading robots using drag and drop, rather than coding.
The updated HF app now features direct access to your myHF area. HotForex offers various accounts types, trading software and tools to facilitate individuals and institutional customers to trade Forex and derivatives online. Trader’s Way was established by a group of financial market professionals dedicated to spreading the values of free, limitless trading globally. We provide our clients with the widest opportunities available on financial markets.
- Our order matching engine located in the New York Equinix NY4 data centre processes over 500,000 trades per day with over two thirds of all trades coming from automated trading systems.
- And last but not least, LimeFx offers a strong regulation that guarantees my money and my personal data.
- Risk Warning – Between 74-89% of retail investor accounts lose money when trading CFDs.
- We strongly suggest choosing a broker that has gained a high score through excelling in all departments instead.
- Stay ahead of the markets with world-leading market analysis acknowledged by mainstream financial media, and access live education through daily webinars hosted by industry experts.
- Each comes with unique strengths that complement a variety of trading strategies.
Customer support is available 24 hours a day, 6 days a week in various formats. As you move around the site, the chatbox will expand to ask if you need any help. It is available, like the website, in many different languages. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in the use of our website. All information on 55brokers.com is only published for general information purposes.
Good support, but JForex4 lost facilities vs JForex3
When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you. LimeFx supports bank wires, debit and credit cards, Skrill, Neteller, Bitcoin, Ethereum, and bank guarantees. LimeFx features a multitude of unique features to enhance the core trading environment besides the essential SWFX-Swiss FX Marketplace.
How reliable is LimeFx?
LimeFx is a Swiss bank and trusted online broker regulated by 2 top-tier jurisdictions. This makes it a safe broker for CFD and Forex trading. Their portfolio of financial products is decent.
Alike, the very lowest deposit range will add on $35 for 1 million traded and $52.5 for CFDs and Metals which all in all ranked as low fees among the industry. Leverage levels that allow trading through multiple amounts of the account balance open vast opportunities yet may hide some higher risks of losing funds too. Therefore, limefx forex broker traders should carefully learn how to use it smartly. This means traders are able to receive not only competitive trading solutions but enjoy banking services from the leading Swiss bank too. LimeFx is perceived as one of the top broker companies in the world by financial experts and highly rated in trader reviews.
LimeFx Facts and Figures 2023
The app features research tools and newsfeeds, plus live chat support. Note that the regulation techniques are not the only factors that make LimeFx Forex broker so reliable and trustworthy. The customer support services that this Swiss brokerage firm has established cover the main requirements for quick responsive approach focused on traders and add some additional confidence for the entire audience.
For those looking to expand their knowledge, there is a wealth of educational information and research to assist with your trades. Their comprehensive range of trading tools also makes for much more enhanced trading experience. In addition, its active online LimeFx community with over 130’000 members allows one to exchange trading experience, market views, and strategies, as well any trader may win prizes in various contests. Based on our findings, there are mobile apps also included in the package, allowing you to stay on the go, control your positions and even perform simple analyses. You will find a suitable version for your device via the download center, also can count for quality trading conditions and good support through live chat. The bank offers JForex 3 advanced trading platform available via web, desktop, and mobile versions, the classic MetaTrader 4 trading platform, and the Binary Trader.
NewsWIKIFX REPORT: LimeFx EXPANDS CRYPTO CFD SUITE WITH 405 NEW STOCKS
It has also won several awards, and it is best in class across six categories, such as features and tools, commission and fees, crypto trading, mobile, and overall, for the year 2021. Yet, the trader needs to do their research, gather all the information, and analyze it before proceeding with any type of CFD trading. Plan your trades effectively with our wide range of free trading tools. Complete flexibility for traders of all risk appetites and trading volumes.
What is the minimum deposit for LimeFx?
LimeFx Europe Forex trading service is optimized for professional trading activity. Deposit size is variable depending on the client profile. The minimum size of an initial deposit is 100 USD. Prices and liquidity are equal for all clients.
For low fee forex trading, LimeFx and LimeFx are great. No, LimeFx does not offer a deposit bonus but several other promotions and ways in which traders with the broker can either gain incentives or discounts. One of these incentives is an equity bonus for self-trading accounts, an opportunity to get a 10% bonus of the account equity.
Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. It is really important that you do not trade any money that you can’t afford to lose because regardless of how much research you have done, or how confident you are in your trade, there will always be a time that you lose. When compared to similar brokers a viable alternative broker choice toLimeFxisSwissquote.
It offers ECN trading to all clients with the same prices, irrespective of account size. LimeFx will then match the investor’s sell trades with its other clients’ buy trades at the same ask price. It will match investors’ buy trades with its other clients’ sell trades at the same bid price.
Additionally, charts, news, LimeFx sentiment indicators, and many other research tools can also be accessed via the app. The auto-trader feature is available for the desktop version only. LimeFx’s proprietary trading platform is called JForex and it is designed for both manual and automated trading -i.e. As I said before, to improve the tools and client experience, support should be done by traders. 75.2% of retail investor accounts lose money when trading CFDs with this provider.
Finally, this broker also supports Meta Trader 4, which is a popular third-party trading platform. Please read LimeFx Reviews below and share live trading experiences with this broker. However, I think JForex developers could make even more progress if users would have access to a more robust solution concerning watchlists. It would be very welcomed new features that allow users to create multiple watchlists. Their secure and reliable JForex trading platform includes, in my opinion, everything what a typical retail trader needs for successful trading. The trading platform is awesome and it’s a nice way to open a bank account in Switzerland.
How do I withdraw money from LimeFx?
- Login into your live trading platform.
- Open the My Account report. Desktop Platforms: Go to Account > My Account. Mobile Platforms: Go to More > Account > Account settings.
- Locate the Deposit and Withdrawal sections in the report.