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In its official statement, the Australian regulator advised consumers to exercise caution in relation to any company purporting to offer financial services under the name KP International Group Australia Pty Ltd. ASIC has announced the cancellation of the Australian financial services licence of Sydney-based financial services provider KP International Group Australia Pty Ltd, effective 22 November 2019. You can read ourdetailed articleabout the risk of trading with brokers from St. Vincent and the Grenadines. WeltTrades claims to be an emerging global market leader in financial trading.

  • Daweda Exchange Limited was given 21 day to take actions in order to comply with the aforementioned provisions.
  • According to the website, ProuFX is owned by Yield Enterprise Currency Software OÜ, Tallinn, Estonia and operated from Riga, Latvia.
  • Options of MT4 and MT5 platforms provide clients with endless growth opportunities through access to advanced trading tools and analytics.
  • There is no regulatory information provided on either website.

With direct communication with clients as their top priority, it’s not surprising that LimeFX has gained international recognition for its customer services. LimeFX makes sure to apply an individual Fiat money approach to all clients to get the most promising results. Swap fees are also applied when traders carry over positions the next day. Take note that these fees are tripled on Wednesdays and Thursdays.

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Clients from the competitive spreads and excellent lLimeFXrage featured by the versatile account types from LimeFX. Traders can diversify their profile with a wide selection of 77 tradable assets on MetaTrader platforms. Options of MT4 and MT5 platforms provide clients with endless growth opportunities through access to advanced trading tools and analytics.

According to the official website, LimeFX is not regulated in a Tier-1 Jurisdiction. No, according to the official website, LimeFX is not regulated in Europe. No, LimeFX is not regulated in Virginia or any other US state.

LimeFX website

The company doesn’t provide any information about its authorization. They mention something about MIFID, howLimeFXr there is no registration number or legal documents provided. Offshore registration and the lack of actual regulations are the main flags for the traders.

Does LimeFX Charge Commission?

You can also share your trading experience with RoyalFunds and LV Grow Markets by commenting on this post. The National Securities Market Commission is the Spanish government agency responsible for the financial regulation of the securities markets in Spain. It is an independent agency that falls under the Ministry of Economy, Industry, and Competitiveness. The regulator maintains a register with investment companies that are authorized to operate in Spain.

LimeFX allows Expert Advisors automated forex trading on their metatrader4 and Metatrader5 forex trading platform. Below is a list of the most common questions about LimeFX.com that traders ask about this broker. FXZone is an online trading business tutorial site and the latest no deposit bonus promotion information and other bonus offers. To be able to access market instruments and start trading, LimeFX provides MetaTrader 4 or 5 Trading Terminal which can be used on Desktop platforms (Windows/MacOS) and Smartphone platforms (Android/iOS). You must understand that Forex trading, while potentially profitable, can make you lose your money.

Swap rates or overnight and rollover fees are costs incurred when forex traders keep positions open for longer after the trading day has ended. Once done, forex traders will be redirected to their personal area where they can add trading accounts and manage settings. MetaTrader 5 is the updated, improved version of MetaTrader 4 and is a multi-asset platform that supports hedging and allows for multiple open positions on the same financial instrument. In addition, MetaTrader 5 also offers 5 execution modes, a multi-currency tester, more than 2500 algorithmic applications, and more, when traders register an account with LimeFX.

You can also share your trading experience with WeltTrades and Capital Allianze by commenting on this post. You can also share your trading experience with Capitaltechfx and Richmondsfinance by commenting on this post. We would recommend avoiding both Capitaltechfx and Richmondsfinance as it is very risky to trade with unregulated brokers. You can also share your trading experience with Swissfingroup and Dubai FXM by commenting on this post.

Micro Lot trading from 0.01 lots, maximum single order up to 100, maximum of 100 open orders, and 100 pending orders. Micro Lot trading from 0.01 lots, maximum single order up to 100, maximum of 150 open orders, and 100 pending orders. Micro Lot trading from 0.01 lots, maximum single order up to 100, maximum of 150 open orders, and 150 pending orders. Micro Lot trading from 0.01 lots, maximum single order up to 1000, maximum of 100 open orders, and 100 pending orders.

Is There A Vip Bonus In LimeFX?

MetaTrader 4/5 are available for free on the App Store to make your trading experience easy and mobile. LimeFX was chosen by HitBTC as a cryptocurrency exchange for its subsidiary marginal broker. In fact, HitBTC is an exchange office that is in the top 5 of the largest exchanges on the planet with a daily turnover of more than $ 250 million.

Traders should trade with well-regulated brokers such asUK brokersorbrokers in Australiaand reliable brokers such asLimeFXandLimeFX. This decision was made due to the suspicions of an alleged violation of the company’s possible non-compliance at all times with the authorisation condition regarding the appropriateness of its shareholders. Traders should trade with well-regulated brokers such asUK brokersorbrokers in Australiaand reliable brokers such asAlpariandXM.com. In addition, we have reviewed other brokers operated by Yield Enterprise Currency Software OÜ that were blacklisted by sLimeFXral regulators.

LimeFX website

LimeFX is registered and regulated and governed by the Law of Saint-Vincent and the Grenadines. LimeFX has thirteen telephone numbers and one main local address. According to the official website, the recommended minimum initial amount with LimeFX is 25 USD. Deposits with LimeFX are either instantaneous or will be processed within 24 hours. Log in to your LimeFX Personal Area and select the option to “Withdraw”.

LimeFX doesn’t charge any account or deposit fees, while withdrawal fees are charged. Lastly, forex traders can follow any further instructions before submitting the request. Where online support is concerned, LimeFX offers the option for Live Chat, with queries answered within seconds, with online support available 24/7. According to the Forex Suggest review, LimeFX is a good broker for trading speed and online support but not for security or cryptocurrencies. Yes, LimeFX has an education system for Forex forex traders on the official website. LimeFX offers support in ten different languages, and help is available 24/7 via telephone, email, and live chat.

The Fca Has Blacklisted Rimarkets And Cfreserve Brokers

As to the Dubai FXM, it is a Forex broker, owned and operated by Dubai FXM Limited. It is a registered, authorized and regulated company by Vanuatu Financial Services. You can read our detailed article about the risk of trading with brokers from Vanuatu. In addition, they mention being registered with the Financial Commission.

LimeFX is known for timely withdrawals, though not literally instant, withdrawals are super fast. Forex traders can follow the registration for an account on the official LimeFX website and navigate to the toggle switch for Live/Demo on the personal area. No, LimeFX is not a legit Forex Broker and Trade Platform. LimeFX does not have any legal certificates, authorization, or regulation to perform Forex Broker and trading services. The lack of regulation means that there is no guarantee that funds are secure. There is no information presented on the official LimeFX website on how client funds are managed and how they are kept secured by the broker.

Does LimeFX Have Online Support?

Traders should also note that the SVG FSA will not provide any protection of client funds or compensation if the company becomes insolvent. My account got emptied by one when I closed a trade because limefx website the “bonus” does not count towards your actual balance its just like changing your lLimeFXrage without you knowing. Spreads are pretty terrible, some being 4-5 times more than other brokers.

We recommend that our readers not trade with this broker and if you have an open account with this company, we suggest you try to withdraw your funds as soon as possible. Do you want to make money on foreign exchange, and to change with the amount that’s much greater than your initial deposit? With FBS new Partner Bonus you can add up to $3000 to your monthly income. Your bonus grows along with your clients’ deposits and amount of lots …

Traders have the benefit of trading 77 instruments across forex, cryptocurrencies, and commodities. Assets include 37 currency pairs, 15 of the top cryptocurrencies, and precious metals and oils. The UK’s Financial Conduct Authority has issued warnings against RIMarkets and CFreserve brokers. The regulator said the brokers have been providing financial services and products targeting people in the UK without being licensed. The Financial Commission is not the financial regulatory body of any Government. From our source, It costs €24,000 per year to become a member.

FXCL 200% Ramadhan Bonus to triples your fund in the month of holy Ramadhan. LimeFX is presenting a promotion of #StayHome #TradeHome during the pandemic. Open-high-low-close chart Deposit Bonus up to 19% plus a rebate depending on the deposited … The platform MetaTrader 4 can be downloaded from the brokers’ website.

LimeFX is an award-winning financial asset management firm that was established in 2006 in Saint Vincent and the Grenadines. LimeFX specializes in the provision of tradable financial instruments that can be traded across sLimeFXral asset classes. LimeFX also offers a host of robots and indicators through the MT4 and MT5 platforms, some of which are free, and others that are available at an extra cost. MetaTrader 4 is one of the world’s most popular and versatile platforms, offering powerful features to help you make educated trading decisions. Though it is now showing its age, MT4 is still popular for its auto trading features that enable algorithmic trading and strategy backtesting with expert advisors .