Forex broker ECN, online Forex trading, stock trading ­

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.

  • Our experts confirmed incorporation on 15th September 2011 and found an active regulatory registration under the trading name.
  • Similarly, the State Bank of Pakistan has declared forex trading platforms illegal in Pakistan.
  • However, the company will pay out only 60% of the prize’s market price.
  • LimeFxFX acts in full compliance with international legislation and regulation standards.

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 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 https://limefx.name/ 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.

a. MetaTrader 4

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 limefx reviews 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.

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.

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.

  • This is the company that LimeFxFX uses to offer forex trading within the European Union.
  • All the Participant’s personal funds (at the moment a new prize drop is introduced) are considered as an initial deposit.
  • Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.
  • We measure success by providing cost-effective trading conditions, along with a completely transparent service worldwide, regardless of how high our clients’ expectations are.
  • Additionally, MT4 offers nine timeframes, four pending order types and one-click trading.

These include the opportunity to earn up to $500 on a monthly basis trading in a training mode with no deposits required, and learn basic trading skills for secure trading. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. Minimum deposits at LimeFxFX will vary depending on your country of residence and your chosen payment method. They can go as low as $25 (USD) when funding with Visa/Mastercard, to 50 euros (EUR) when using Skrill/Neteller to as much as 500,000 Indian rupees (INR).

Bank Terbesar di Dunia Berdasarkan Total…

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.

Forex Risk Disclaimer

That being said, there isn’t much educational content for learning how to trade or understand market dynamics. It’s worth mentioning that the broker does have a blog and a YouTube channel, yet I was still left wanting more. LimeFx Markets Incorporated is the international branch of the broker. The company was established in St. Vincent and the Grenadines and is regulated with licensing from the Saint Vincent and the Grenadines Financial Services Authority (SVGFSA). The Saint Vincent and the Grenadines Financial Services Authority (SVGFSA) offer weak trader protection. Opening an account from one of the 185 countries where this license is used is considered high risk.

New instruments: XRPUSD and BCHUSD

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 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.

LimeFx—your reliable business partner in the Forex market

We exist to provide outstanding services for accessing the Forex market. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.

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.

LimeFxfx India Private Limited:

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.

All the photos and/or images of the prizes used in the contest’s ads, promo banners, and other promotional materials are for information purposes only. We contact the winners within seven business days after the prize drop is raffled. If the Participants have equal results, their ranking is determined by the financial total amount of their profitable trades—the Participant with bigger total wins. All trading strategies and/or EAs are allowed for trading with the contest account. A person (hereinafter—‘Participant’) must have an LimeFxFX real account to take part in the contest. Steven Hatzakis is the Global Director of Research for ForexBrokers.com.

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.

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.

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).

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