The usual closing of a position is not just less than a second, it’s almost instantaneous. Slippage, I do not hide it, I sometimes have it, but there is no way to get rid of it. Of the trading platforms here are MT4 and MT5. Support is available five days a week, web form, phone, chat, email are available. On the standard account, a minimum deposit of $100 is available, min spread from 1.2 pips. We advise all investors and traders to avoid Kronosinvest and other unregulated brokers.
There are no compensation funds, negative balance protection is not guaranteed, and other risk management tools, such as leverage limits, do not apply. I just wanted to let you know that I am very happy with LimeFX. They are a regulated company, competitive fees, 24/7 customer support, great content and instant trade execution with their trading platform.
Very good customer support, regulated broker, great trading platform with high speed and instant order execution. All these factors bode well to safely open a trading account with them, which by the way is a very fast and digital process. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as BlackBull Markets and BDSwiss.
This broker is blacklisted by the well-known regulatory authority and should be avoided. StoxMarket is owned by Thinking Ahead LTD which is an offshore company registered in the Marshall Islands. The Marshall Islands is notorious for its practically absent requirements and regulations. Due to the setup cost is low and it does not regulate forex trading.
Is LimeFX Safe and Regulated?
The company supports clients through their trading journey with the most competitive trading conditions including tightest spreads, ins… MetaTrader 4 or MT4 is a well-known trading platform in the forex industry. It enables users to access financial instruments, such as CFDs, commodities and cryptocurrencies.
The lack of information about the broker’s regulation, trading conditions, and contact details should be the biggest red flag for those who plan to invest with the entity. We advise all investors and traders to avoid EvisionFX limefx reviews and other unregulated brokers. A broker offers trading services that allow its clients to trade financial assets through a digital platform. However, many newbie traders are struggling to trade on their own.
The information on Trader-magazine.com does not serve as an LimeFX or trading recommendation. LimeFX’s strategy depends on its socially responsible operations and compliance with ESG, which add value for its customers. Furthermore, the broker took steps to minimize its CO2 emissions by converting to solar energy, which shows that they take environmental causes seriously. The online broker LimeFX is focused on environmentally sustainable trading, and they participate in renewable energy initiatives. Advanced trading tools for even the most demanding traders. A new kind of broker for a new generation of traders.
There are so many options possible in these kinds of package deals, and three choices aren’t enough. It would be nice to have an account that is much more tailored to your needs. I wish LimeFX would do the same soon because I don’t see a reason to move to another broker. Helpful+friendly staff who always assist me if I have problem.
Needs to review the security of your connection before proceeding. LimeFX advertises spreads starting from 1 pip on majors. Such an offer appears attractive but given the issues with LimeFX we already discussed, youd better take a look at the pricing of some top brokers in real-time instead. Basically, this is an online trading brokerage with entities in Cyprus, Seychelles, and Mauritius.
Each client can file a claim for the size of their account, up to GBP 50,000. The license from UK’s Financial Conduct Authority requires EUR 125,000 of capital for the STP license. You can check the list of the FCA-regulated brokers here.
- LimeFX minimum deposit is 100 EUR or USD, depending on the entity you belong to.
- Our findings showed that Axe Invest is no longer active.
- Additionally, broker offers a Demo account as well, where clients can test the platform and check the offer of assets.
- WikiFX Internet and its mobile products are an enterprise information searching tool for global users.
- On the standard account, a minimum deposit of $100 is available, min spread from 1.2 pips.
As I have seen, LimeFX has the most assets by far! According to the website, EvisionFX is a Leader on the trading market and it provides trading services with a range of assets, including commodities, stocks, currencies and indices. Axe Invest is owned by Madar Partners Ltd. which is an offshore company registered in the Marshall Islands. Also all clients of FCA-regulated brokers are protected by the Financial Services Compensation Scheme.
Trusted trading company with a strong trading platform. Last year, the broker warned about misappropriation of a photo of its representative in a LINE account. Rakuten Securities Hong Kong reiterates that its official contact methods are by phone, WhatsApp and Email disclosed on its website. Rakuten Securities HK https://limefx.vip/ reiterates that it provides FX trading services to public in Hong Kong. It does not have a subsidiary and/or an agent operating in Mainland China. The broker has recently discovered that a fraudulent organization is using Rakuten Securities HK’s name to provide FX trading service to the public in Mainland China.
Begin Trading with EverFX: European Regulated Forex Broker
There are a lot of rogue brokers out there so finding one that doesn’t rip you off after all those years is a good thing. These won’t be the most exciting but are the safest. I am starting trading Recently on this platform its really so friendly to use and they are honest compare to other platforms. We worked with LimeFX as an online affiliate and refer traders. According to the website, Pari Fx Trade is one of Europe’s leading financial institutions specializing in Forex/CFD trading. However, it turned our Pari Fx Trade is just a clone of the regulated financial institution.
We use dedicated people and clever technology to safeguard our platform. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Also, we want to highlight that all decisions are always made by the traders themself and does not involve any LimeFX advises from the Company side.
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Also, these entities include ICC Intercertus Capital Ltd from Cyprus, Aerarium Limited from Seychelles, and Aurum Capital Limited from Mauritius. The company was known as EverFX before they decided to change their trading name since EverFX got blacklisted in the UK and by FINACOM. LimeFX is the optimal broker for me, execution of orders without any problems.
LimeFX MT4 is an exceptional trading platform featuring 20+ analytical charting tools, 9 timeframes, EA integration, over 30 technical indicators, and one-click trading. So, clients can access the platform from Windows and Mac. Having offshore regulations is not much of a security as there’s no compensation fund. Also, since the company was under the FCA investigation for the EverFX brand, changing the name does not guarantee you won’t be scammed as EverFX clients were.
The regulators of the activity are such organizations as FSA, CySEC, FSC. Apart from this unpleasant suprise, I’ve been doing great with LimeFX so far. I mean there were no issues with the broker or signs of scam. I trade long-term so I guess the opinion of a scalper may differ from mine. I have been trading forex for three years now with LimeFX. For a beginner it is easier to understand what works and how it works.
Pari Fx Trade is owned by EXPERT Markets which is an offshore company registered in Seychelles. The notorious Moises Fernandez Barea, who was behind the vanished payment processor Aexon is into laundering funds out of Venezuela. The South American country is subject to international sanctions. Through his Dubai-registered company Jade Management Co which holds License number , Moises Fernandez Barea opened a bank account with Emirates Islamic.