New LimeFxFX office in Jakarta, Indonesia!

Additionally, MT4 offers nine timeframes, four pending order types and one-click trading. Traders living outside of EU will have their accounts placed under LimeFx Markets Incorporated. LimeFx Markets Incorporated does not have a license to offer forex trading and all trading is therefore unregulated. Traders outside EU can not trust LimeFxFX and should choose another forex broker instead.

• In this 2023 broker review, our experts log in to the personal area and uncover the key features, including leverage, demo accounts, regulation and more.
• In case of any discrepancies between the English and other versions of these materials, the English version shall prevail.
• The Participants can only compete for the prizes in the region of their initial registration.

The overall score might seem lower than what each category’s score indicates. This is due to the fact that LimeFxFC forex trading is unregulated outside of Europe. We consider it to be very important that a broker is regulated by a regulator who offers strong trader protection. The overall score is therefore adjusted down due to the broker being unregulated.

In most cases, if your documents are submitted correctly, verification should only take up to three hours. There is also an Islamic swap-free account for those worried about whether https://limefx.name/ trading is haram or halal. This is a significant advantage for investors using mid-term and long-term strategies as charges will not be applied for any positions held overnight.

Cara Menggunakan Aplikasi LimeFxFX

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. LimeFx Markets Incorporated is registered in St Vincent and the Grenadines. The online broker is licensed and regulated by the Financial Services Authority (SVGFSA). Our experts confirmed incorporation on 15th September 2011 and found an active regulatory registration under the trading name. It is important to note that SVGFSA does not regulated Forex trading nor binary options trading.[1] This means that all Forex trading done through LimeFxFX.com is unregulated. There is also no inactivity fee for dormant accounts or commission charges for deposits, withdrawals or currency exchange.

The company is not liable for any tax charges that the winners may be due in their jurisdiction (including but not limited to property tax, vehicle tax, road tax, or other fees). In exceptional limefx reviews cases, money may be paid into the winner’s trading account or bank account to substitute the prize. However, the company will pay out only 60% of the prize’s market price.

Can you trust LimeFxFX?

No, based on your detected country of UA, you can’t open an account with this broker. We are constantly improving our product to make your trading experience better. ID documentation must be submitted in line with KYC requirements.

years in the market

If the winner is unable to receive the prize, a trust agreement may be entered into for another person by the power of attorney. The winner must provide a full set of original documents (passport or other ID certifying the winner’s residence) before claiming the prize. The company will run a background check on the winner, his or her legitimacy, information validity, and possible violations. Should any such issues be found, the company reserves the right to cancel any of the prize raffle results.

Trade on the go with the LimeFx trading app

Both platforms are suitable for beginners, though our experts note that MT5 offers more advanced trading features. All the Participant’s personal funds (at the moment a new prize drop is introduced) are considered as an initial deposit. You start the contest with the minimum deposit of 50 USD (or 50 EUR, depending on your account currency). If the company reasonably suspects two profiles or more to be managed by one person, all trading accounts opened under these profiles will be banned from the contest.

We ensure clear and accurate management for your funds, transparent and beneficial conditions for trading, and easy‑to‑use service for everything else where nothing distracts you from making a profit. We help you develop the knowledge and skills to trade efficiently and responsibly. Every year we improve our conditions and standards in an ongoing effort to make trading with the #1 Forex broker LimeFx your best experience in the market.

There are, however, minimum withdrawal limits for all payment methods, though these are minimal, including $5 for Skrill and Neteller. Note, some local payment methods may also be offered depending on your country of residency. This includes international bank wire transfers for citizens of Thailand, India and Nigeria, for example.

If the Participant wins the First Prize (a vehicle), he or she is deemed an absolute winner, and all contest accounts of such Participant are removed from the contest until its end. While LimeFxFX has improved its educational offering with webinars and live trading session recordings, its educational articles and videos suffer from a lack of variety. By comparison, industry leaders Saxo Bank, IG, and CMC Markets all offer over 10,000 tradeable instruments.

An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research and detailed forex guides, and we monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).

The average spread for the EUR/USD currency pair is 0.7 pips, while the USD/CAD is offered at 0.8 pips. Major indices, including the NASQAQ, are offered at an average 0.6 points, which is competitive. During our visit, there was an inspiring seminar organised by our partners LimeFxFX Explorer. More than 200 people gathered to share their experience and knowledge, encourage new traders and see the impressive results of those experienced in trading, uniting traders from our big community all around Indonesia. If the company is unable to get in touch with the winner within 14 days after the prize drop date, the prize may be handed over to the Participant ranked next. All subsequent placements and prizes will be shifted accordingly.

CFD trading

When we used LimeFxFX’s trading terminals, the new order process was similar and relatively straightforward. Once you have opened and verified your account profile, you can begin trading. Below you can see the most important benefits and drawbacks of trading with this broker. Not only was our trip dedicated to business questions, but also gave us the possibility to participate in a charity event.

The company values client privacy and understands that you may not want to share your financial information including deposit amounts, volume of trades, personal funds, or any other parameters—these remain hidden from other users. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. It has made great strides with its pricing options for traders, but suffers from a limited range of tradeable instruments and a lack of variety in its educational content. The bespoke software enables users to track master traders and their live performance, control portfolios on the go, view how their funds are invested and manage risk in real-time.