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limefx Review, Forex Broker&Trading Markets, Legit or a Scam-WikiFX Score:2

The resource material can be accessed on the website, and limefx TV also offers various sources of information and several trading tools to help the users to trade manually. This provides the users the much-needed information; it also offers video tutorials that provide topics related to the bank services, general educational content, and the webinars. limefx Bank offers extremely competitive tools for its users through its current accounts, which provide credit cards, e-banking facilities, and a wide range of banking products.

  • We will then be happy to pass your feedback to the team of developers.
  • With a long-established history and an excellent reputation, their FINMA regulation means that you can trade with confidence that your money is in safe hands.
  • Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.
  • You should ensure you are aware of the risks involved in trading and if you can afford to take the high risk of losing your money.
  • All information should be revised closely by readers and to be judged privately by each person.

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. Trading News – limefx has six channels for trading news including Market News, Trade Ideas, Expert Commentary, Technical and Fundamental Analysis, and limefx TV.

Complaints about limefx

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. In Europe, Dukasbank is licensed and regulated by the Swiss Financial Market Supervisory Authority .

In 2004, Andre Duka together with his partner Veronika Duka created Swiss Brokerage House limefx. In 2006, limefx launched its ECN, the SWFX Swiss Forex Marketplace. FX – Clients can trade all major and minor pairs and most exotics.

Broker Types

This implies that the users can receive competitive trading solutions and enjoy several banking services from the leading Swiss FX bank. Users can take advantage of round-the-clock technical support, contact a personal manager who will help to adapt the system quickly and start making real money. This platform is the result of IT solutions of the company and its close cooperation with banks and financial institutions, offers to the trader institutional liquidity, instant execution of transactions. Users work directly with the market, offering it their orders, placing individual bid and offer orders, allowing them to buy and sell currencies at improved quotes. This allows users to save on spreads, conduct profitable trading for both sides.

  • For bank transfers, the cost of withdrawing is calculated in pips and starts at 2.3 pips for CHF bank transfers.
  • Rewards are received if you specifically ask for it and they will be added only after the turnover requirements are met.
  • The same funding methods available for deposits can be used to withdraw money from your limefx account.
  • In-the-money contract yields start from 70% of the premium paid up to 90%.
  • 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.

limefx offers the same account for both individuals and companies. The account allows them to trade with CFDs, forex, cryptocurrencies, and precious metals directly. It includes an economic calendar, a news feed, an auto-trader feature, and a multi-language interface.

Is limefx a good broker?

The star of the show is the chart, which is big, clear, and shows candlesticks, bars, or lines. Technical indicators can be used, time frames can be changed and overall it gives you the possibility to conduct proper technical analysis. Of course, the platform is more complicated than what most binary options traders are used to, but with a little bit of practice, it becomes easy to use. And speaking of practice, they offer a free demo account – free as in you don’t have to deposit to get it.

limefx scam

limefx is additionally a member of the Swiss Bankers Association and the International Swaps and Derivatives Association . limefx Bank, a Swiss online bank and brokerage, was founded in 2004 in Geneva, Switzerland, after having been in development for six years. It maintains limefx courses scam complete oversight of three operating subsidiaries and is one of the most innovative brokers in operation today. The customer service rejected withdrawal for many reasons and asked for taxes. In-the-money contract yields start from 70% of the premium paid up to 90%.

limefx is it a scam? Reviews and description

The only pain is getting the account open in the first place, expect to have to produce a dossier of detailed information but even this is reassuring. They are not for €500 accounts but if you are trading €10k+ definitely recommended. There is no logical justification for it, it’s completely unaccountable, no explanation why stuff simply doesn’t work and transactions wouldn’t happen. It doesn’t matter if you do everything they ask for, provide all the documents etc. One transaction to your own account in a different bank can take days while the account manager requests documents from you, receives it, sends it to the compliance department, they review it etc. IPhone/iPad platform is specially tailored for Apple mobile device users.

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At the same powerful manner, the platform has been developed for trade via iOS or Android devices and through JForex Web3 interface. Moreover, there is a possibility to fund in Dukascoins that allows FX/CFD traders to almost double trading margin comparing 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.

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The account opening is easy, there are numerous trading opportunities, ECN account, access to high leverage, great range of trading tools and user-friendly platforms. With the European account, you only need to deposit a minimum https://limefx.group/ of $100. Making deposits using a bank transfer, credit or debit card or a bank guarantee doesn’t incur any fees from the broker, but you may incur charges for deposits in certain currencies from a third-party provider.

limefx scam

The fees for deposits range from 1.2% to 2.5%, depending on the method used. Withdrawal fees go as high as 50 USD for wires and 2.5% for Skrill which is a bit on the steep side. Support is quick to answer and helpful; you won’t get any pressure from them to deposit and the information given is accurate. The effective return ranges from 70% to 90% and the client has the opportunity to choose a lower payout in exchange for a higher refund, which makes for a great risk management tool. Putting aside professionalism, charts, technical indicators and the fact that they are one of the biggest brokers on the globe, limefx offers tons of contests, ranging from trading contests to Miss limefx.

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