LimeFx Review 2023 Find All Features, Pros, & Cons!

This can be a little unappealing for amateurs who want to start small, but their intuitive platform and impressive market research tools can probably turn a rookie into a pro-trader. By utilizing this in-house cryptocurrency, they built a solid blockchain technology where the users can even trade with CFDs on Bitcoin and Ethereum. Slippage Control – Slippage control is a feature that allows customers to determine well in advance the maximum negative slippage capable of impacting order execution price. This is an effective risk management tool that allows safe trading on volatile markets.

  • There is also a pattern recognition tool that can be used for getting trade ideas that are very well organized.
  • As Swiss trader you can even make smaller deposits but you also don’t have much room to maneuver in this case.
  • 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.

Moreover, there is a possibility to fund in Dukascoins which allows FX/CFD traders to almost double the trading margin compared to regular funding methods. Besides that, the Dukascoin funding facility creates a unique possibility to simultaneously earn on the fixed high return of Dukascoin deposit programs. LimeFx Spreads are ranked low with an overall rating of 8.5 out of 10 based on our testing comparison to other brokers. We found Forex spread much lower than the industry average, and spreads for other instruments are very attractive too.

LimeFx Europe swaps All swaps LimeFx Europe

Forex money managers and hedge funds can also use the PAMM technology for managing multiple accounts or LimeFxs, thereby providing complete support for all types of professional traders and institutional investors. LimeFx is certainly a reliable Forex broker that offers top-notch services that are backed by legendary Swiss reliability. LimeFx is an ECN broker that offers tight spreads at an average of 0.2 pips on currency pairs such as the EUR/USD and the USD/JPY.

Binary options are only available for 18 forex pairs including AUD/JPY, EUR/USD, GBP/USD, and USD/JPY, among others. Multiple languages are available for users and the platform’s low technical requirements makes it a good alternative that should work fine if you have a decent internet connection. Additionally, LimeFx also designed a JForex platform for mobile trading and it is available for both Android and iOs smartphones. 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.

LimeFx forex brokers reviews

If you are interested in opening a gold account, you can contact your account manager. The procedure lasts a few minutes, and the account holder should be at least 14 years old. The identity 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. They have a great reputation in the space, backed up by their regulators and as their stance as a Swiss bank.

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When compared to similar brokers a viable alternative broker choice toLimeFxisSwissquote. Swissquoteis Switzerland’s leading financial and trading services provider and is located in 10 countries across the globe. Users can choose from 8 asset classes and get access to 500+ trading instruments including Forex, Energy, and Metals. During this term, I hadn’t any problems, because all of them were fastly resolved by support. The best sides of that broker are constantly improving execution and very high level of quality like a usual swiss bank.

LimeFx forex brokers reviews

This is clubbed with a robust community and customer support paving a way for an upward path for both starters and experts. Promotions form a crucial part of LimeFx with them hosting several contests and Bonuses for the clients. However, due to tightening regulation in different countries, the bonuses vary and changes drastically from 10% to even 100%. In the courses, we select different brokers so that we show we are not promoting any broker.

Traders need to ensure that they understand their risk exposure and determine whether the risk involved is suited to them before making trading decisions that could result in loss of capital. The LimeFx JForex platform is best suited to traders who are interested in manual, automated, and/or the development and testing of trading strategies based on the JAVA programming language. LimeFx offers traders the best possible risk management tools in order to trade safely on volatile markets. LimeFx allows investors to trade spot Forex, Metals, Binary Options, and CFDs on bonds, commodities, indexes, stocks, ETFs, and cryptocurrencies through a wide selection of platforms.

Will be super interesting when being possible to trade real stocks and buy and sell cryptocurrency. This will be a great improvement in this kind of integration. Please read LimeFx Reviews below and share live trading experiences with this broker. Your automated strategies can be deployed on their servers, closer to the market, and to save you some electricity. For more sophisticated clients, there’s even a FIX API access possibility.

JForex Web Platform

Numerous trading tools and unique features add tremendous value, and the research division is excellent by any standard. LimeFx became the first Swiss bank to launch its own cryptocurrency, Dukascoin, confirming its commitment to technology and innovation. The continuous addition of new services and a range of bonus programs complement the most comprehensive overall offers available in today’s market. It is an ideal choice for new traders to asset management firms. LimeFx offices are scattered across Europe and the Asia-Pacific, with its representative offices located in Geneva, Hong Kong, Tokyo, Shanghai, Kiev, Moscow, Kuala Lumpur, and Riga.

LimeFx forex brokers reviews

Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information.

Which trading platforms are supported by LimeFx?

LimeFx Europe IBS AS, the Latvia based and EU licensed LimeFx brokerage company, is regulated by the Financial and Capital Market Commission of Latvia . SIA LimeFx Payments, also based in Latvia, is a European licensed payment and e-money company, handling financial transactions on behalf of its parent company. The Japanese operating subsidiary, LimeFx Japan KK, is regulated by the Financial Services Agency of Japan as a Type-1 licensed broker. LimeFx clients can use a comprehensive list of order types including limit orders, stop-losses, take-profits, one-cancels-other, and trailing stops.

In addition, the account opening and maintenance are free of charge, yet if you denominate your account in Gold, you will need to pay custody fees. Recalling again just to be sure you verify fee conditions on the instrument you are willing to trade so the applicable structure will apply. We learned that the LimeFx account types vary only by client type. This means, there is an Individual account, a Joint account , and a Corporate account. We learned that LimeFx is regulated by the Swiss Financial Market Supervisory Authority FINMA as a bank and a securities dealer. For the Cons, proposals vary according to the entity, and higher deposits might suit more advanced traders.

In 2018 they were voted as the best trading platform for mobile trading, as well as being voted as the best forex bank and the best forex ECN/STP broker. This includes consensus forecasts, a massive amount of indicators and other tools to help you with limefx company reviews your overall trading experience. They have a staggering amount of daily market commentary and are one of the best news sources around for forex news. JForex 3 has a multitude of different trading tools available to you and they are easy to implement.

LimeFx supports bank wires, debit and credit cards, Skrill, Neteller, Bitcoin, Ethereum, and bank guarantees. Visual JForex allows for the simple development of automated trading strategies. The SWFX-Swiss FX Marketplace ensures traders have access to superior pricing and liquidity. LimeFx is a well-regulated broker and offers superior client protection. LimeFx does not have an education or training centre but it does have some other features attractive to clients. One is the ability to open managed accounts, the other is the LimeFx community.