limefx Review Forex Broker Reviews

Furthermore, Jforex 3 platform competes well with Metatrader, which also supports algorithmic trading and offers trading indicators. The traders can access cloud storage and VPN services, which can be used to run the trading systems 24 hours. This broker also provides an app store with several https://limefx.vip/ apps that can be used by the traders in Jforex 3 platform. I have to admit that the entire website is kind of hard to navigate but this is mostly due to the huge amount of information available. It is well structured but it will take you a while to find what you are looking for.

Binary Options – Binary options are not charged commissions, but traders will be charged a small premium with each trade. The premium is subtracted from client accounts before trades are placed, if the account cannot pay the premium trade sizes are automatically adjusted. Commissions – limefx will charge a commission on each trade depending on the trade type and size of the trade, the clients initial deposit, and current equity.

Snapshot of trading Commission

Bitcoin – Accounts designated BTC fundable are issued a BTC wallet and charged a 1% fee every seven days. Wire transfers – limefx usually receives wire transfers within 2 days of issuance. They can also use the online form provided on the website for a callback, email, fax, or contact them through the phone.

• You should only in trading or investing if you are fully aware of the potential risk of loosing all your deposited money.
• In any other way, for the incoming transfers limefx covers all applicable fees, yet the withdrawal of funds for outgoing transfer or withdrawal may occur the charges which are depending on the currency.
• 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.
• Great regulation, it’s showing that they are a real deal, not like other brokers who have put you under weak regulation and gave you very high leverage to make you lose.

Clients categorised by monthly trading volume, net deposit, and a number of other factors. Additionally, the fees differ for clients trading on their own and for clients trading with an external manager or attorney. A full breakdown of the fees and commission charges is available on the limefx fees page.

limefx Bonus

The Swiss Financial Market Supervisory Authority , a Tier 1 authority, provides the regulatory framework for limefx Bank. Client deposits are insured up to CHF100,000 by esisuisse, per standard limefx reviews requirement for Swiss banks as well as securities firms. PKF is the internal auditor of the group, while KPMG, one of the Big Four accounting firms globally, conducts the external audit.

For starters, the downloadable JForex platform is an advanced trading platform that was developed in-house by limefx themselves. The platform is designed for professional and high volume trading. However, the web-based platform and mobile trading app also offer capabilities for intermediate and beginner traders.

Great for Forex!

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. Opening an account with limefx is very easy, and the trader can open an account with the minimum deposit of $1000, while the limefx European account requires as low as $100 as a minimum deposit.

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. The JStore caters to automated traders and trading platform improvements. Its a clean, intuitive platform that makes trading binary options a user-friendly experience. A third-party bridge allows limefx traders to use the industry-standard MT4 system.

Multi-Currency accounts

The coding of the automated trading feature can be done by using Java programming language, even though traders can also place their trades manually. So overall, we found limefx education at a very good level for all. There are mobile apps also included into the package, allowing to stay on the go, control your positions and limefx forex broker even perform simple analysis. 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. This means traders are able to receive not only competitive trading solutions but enjoy banking services from the leading Swiss bank too.

The name on the card must match the name on the account and deposits cannot exceed $10,000 USD. limefx does not charge a fee for deposit but the bank’s processing partner will. Overnight Policy – limefx charges overnight rollover fees based on the currency involved and the target rate of the central bank that issues it. Traders who typically hold less than 20% of their trades overnight are charged a competitive rate while more active overnight traders receive premium pricing. limefx bank supports some of the payment options such as wire transfer, credit card, debit cards, Neteller, Skrill, Bitcoin, Ethereum, and several more.

Forex MT4 Accounts

There are enough references about dealing with the company in Internet, at that they are more positive aspects, which only confirms the quality of service and favorable trading conditions. There are negative comments in the Internet, but they are far fewer. At the same time, a representative of the broker works on the forum and tries to resolve the questions raised by the clients. This trading platform is considered safe as it operates as a bank and it is regulated by the Swiss Financial Market Supervisory Authority .

With years of history to offer and a solid reputation, they also have the financial capital to protect your investment and regulation by one of the strictest regulatory bodies. They are geared more towards the heavy investor rather than those who like to dabble with a bank guarantee for those who deposit over $100,000. limefx is a well-regulated broker and offers superior client protection.