It warned against a Russian-focused crypto and forex trading provider that has been falsely claiming affiliation with its authorized brand. The minimum deposit for the European branch of LimeFx is 100 USD while for the rest of the world is 1,000 USD. Payments can be made through the majority of credit and debit cards, wire transfers, e-wallets and crypto (Bitcoin, Ethereum, etc.). Withdrawals take up to 3 business days to appear in your account while deposits appear in 1 day or faster. The Bonus goes up to 100% but you can withdraw at any time before the 40 times turnover is reached . The fees for deposits range from 1.2% to 2.5%, depending on the method used.
It is impossible to be verified — they refer to the internal company policy, which is not disclosed, and personal data is used for unknown purposes. Week ago I got notified from LimeFx that my card is suspended due to decision of Corner Bank to stop issuance and support of all client’s cards issued in frame of partnership with LimeFx. They also stated that my money is safe my account at LimeFx Bank. Money is cleared from my LimeFx card on 24th March, it was not transferred to my LimeFx account, I do not have any access to it, it simply disappeared and support is not replying at all.
LimeFx Spreads & Leverage
The company’s purpose was to assist the financial sector with its cutting-edge technology. When autocomplete results are available use up and down arrows to review and enter to select. Parts of the concept that are confidential are accessible under NDA conditions. The Bank would like to remind users that the return on a one year deposit is progressive up to 100% and significantly depends on the allocated amount.
Kindly note that the prices offered on the SWFX are unique LimeFx prices based on a combination of prices and liquidity provided by major banks, brokers and other marketplaces. The combination of numerous liquidity providers allows clients to benefit from narrow spreads and deep liquidity. In all cases, LimeFx remains the only counterpart for all client trades. All trading related information on the LimeFx website is not intended to solicit residents of Belgium, Israel, Russian Federation, Canada (including Québec) and the UK. In general, this website is not intended to solicit visitors to engage in trading activities.
- During the past year, LimeFx Bank established a strategic partnership with the regulated European cryptoexchange ZBX.
- Starting from 1st of January, 2021 LimeFx Bank will reduce the minimum deposit size to only 100 DUK+ to facilitate its clients an access to the Dukascoin reward program.
- The average price of the Dukascoin stabilized at around 2 EUR per 1 DUK+ during the last six months.
- A couple of dozens of clients have already allocated their Dukascoins with our Coin and EUR reward programs.
We can only refer to the Dukascoin Whitepaper, “the Bank started to offer MCA accounts for its clients one year before the launch of the Dukascoin project . In the beginning, the number of new MCA accounts per day was about 10. Ten months after the launch of MCA accounts, the Bank was opening 100 new accounts per day. With the help of the Dukascoin Crypto, the Bank is planning to open from 1000 to 10000+ MCA accounts on a daily basis. With the trend continuing to be so dynamic, the Bank is eager to become the biggest digital bank regulated in Switzerland.
Its achievements have been recognized, and for the last few years, the bank has been honored to receive multiple leading awards that are counting. In addition to Geneva Headquarters, the bank operates offices in Zürich, Riga, Kyiv, Moscow, Kuala Lumpur, and Hong Kong, and in Dubai. Watch the most common forex scam videos and how to avoid them starting right now. Users caught spamming or abusing will be deleted from the site and prohibited from future registration at thatsucks.com and affiliates. We would also like to stress out that personal accusation against brokers or individuals without any proves or document to prove any illegal act might be ascribed as illegal act for itself and therefore attract legal measures. We recommend staying within the range of good taste and respectful language to avoid any unpleasantness.
Our LimeFx review found that you should expect to pay a trading commission for 0.10% of the trade value in GBP. This is the same for whether you’re trading in CFDs such as Bitcoin or are speculating in stocks or ETFs. All of which could work out to be decent value for enjoying a safe and easy way to invest in the value of cryptocurrencies. Our LimeFx review was delighted to discover that this broker gives you a safe and easy way to trade on the value of the world’s biggest cryptocurrencies. Not only can you invest in the likes of Bitcoin here, but you will also be able to make trades in other top cryptocurrencies like Ether and Litecoin too. It’s not the largest number of cryptocurrencies that we’ve seen on an online broker site, but these are some of the most popular and stable cryptos and should meet the needs of most casual investors.
You can do whatever you would like to do, scalping, news trading, spike trading, anything. The most important thing, if you make money here, you make real money on a Swiss bank account. I have simply never had a problem with LimeFx, Swiss efficiency! I use the Jforex platform which is rock solid and constantly being improved.
Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website. Putting aside professionalism, charts, limefx courses scam 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. I understand the trading contest, but the beauty pageant, not so much. Other than that, we can mention that LimeFx launched a crypto coin called Dukascoin.
LimeFx Bank’s fiat settlement for P2P crypto-fiat exchange operations
LimeFx Bank is regulated by the Swiss Financial Market Supervisory Authority FINMA both as a bank and a securities dealer. Even if you would have any problems, your personal account manager would gladly help you. I had an account with them , then I tried to reactivate it , the RM replied account was closed and asked me to apply for a new account qnd requested limefx courses scam a tedious set of documents including hr letter! This is the best platform for forex because the spread is very small still worthed. JForex platform has a high level of liquidity, accuracy and speed. I don’t give it 5 stars because I mainly trade metals and their spread are a little higher than average, but I stick with them because the platform and execution.
As per the needs of Muslim customers, LimeFx Bank SA announces the opening of accounts that are swap-free. LimeFx Bank SA creates a unique and innovative electronic banking solution that is available to customers with Current Accounts. In 2011, LimeFx Europe IBS AS became operational as a 100% controlled subsidiary owned by LimeFx Bank SA dedicated essentially to the European retail market. LimeFx was authorized in 2010 through the Swiss Financial Market Supervisory Authority FINMA to conduct banking operations.
More information can be found on under the sections dedicated to Reward Deposits or by contacting our support via e-mail or Support Chat. The Staking reward program provides extremely attractive remuneration and the Bank invites clients to benefit from it. Bitsonic is one of the largest crypto exchanges in South Korea operated by Skoopmedia Inc. Information about the originator and beneficiary is entered by the sender into the transaction user interface and the Sygna Bridge platform encrypts and transmits the information to the beneficiary VASP. This function allows the originator and beneficiary VASPs to exchange the information required during a VA transfer simultaneously with the VA transfer itself. At the same time, LimeFx Bank changes the threshold of Low liquidity fee application from 1.50 EUR to 1.75 EUR.
I had a terrible experience with…
New marketplace users will be able to buy and sell Dukascoins at the best available prices by market orders only. Experienced users should reach the trading volume of 250 Dukascoins to apply full range of orders. When the user will reach qualification minimum, pending orders will be unblocked automatically. LimeFx Bank can https://limefx.biz/ change the above mentioned experience limit after further observation of the clients’ activity. LimeFx Bank is announcing that the staking coin reward rate reduction previously broadcasted is in force starting from October 1st, 2020. Current rates will be kept until the end of 2020, click on the link to review them.
The new liquidity fee threshold will enter into force starting from January 1st, 2021. Starting from 2021, clients will be able to select between all the possible reward types, stake terms, and storage options directly in the MCA interface. A welcome bonus of 5 DUK+ is issued for every client who opens an MCA account. In order to be able to sell or to transfer those 5 DUK+, clients need to reach an incoming turnover of 100 USD. Any deposit or incoming transfer to a client’s account is considered incoming turnover. Currently, any referrer receives 5 Dukascoins as a bonus for every invited friend who opens an MCA account.
LimeFx Bank introduces 3-months staking deposits in Dukascoin
Other brokers offer same spread and better conditions with less hustle. Their execution is top notch and I simply love their own platform, Jforex . LimeFx features live economic news calendar, news stream by MarketPulse and Reuters, SWFX Sentiment Index, and a host of other tools for traders.
We should note the fact that you will have to make a minimum deposit of $100 to get started at LimeFx. There is no minimum withdrawal amount, although there might be costs for withdrawing that could run anywhere up to $50. Beyond these demo accounts, you can get started proper when you open a live trading account. Further account options include the multi-currency account and there is also the option to open a live account in gold. It’s worth noting that there’s a wealth of information on the LimeFx site that’s designed to help you take your online trades to the next level. This means that you can benefit from a range of technical analysis and expert commentary, and even examine some insightful trade pattern ideas.
The first chapter “Dukascoin Moon” is already available on the internet and ready for download in the media-kit via the link. Dukascash will exist in the form of ERC-20 smart-contracts over Ethereum blockchain and represents tokens softly linked to EUR, USD and CHF. Tickers for the above mentioned tokens will be EUR+, USD+ and CHF+ respectively.