The company is not liable for the terms of delivery by post or courier service, or for possible loss of the prize in the course of delivery caused by the third party. 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). BNM said the list serves as a guide to enhance awareness of entities or schemes which may have been wrongly perceived or represented as being licensed or regulated by the central bank. The Financial Consumer Alert list includes LimeFxFX’s website, as well as its official accounts on social media platforms such as YouTube, Twitter, Facebook, LinkedIn, Instagram and Telegram.
- This precautionary measure prevents unauthorised third parties from withdrawing funds, even if they manage to gain access to a user’s account.
- All bank transfers are processed within 1-3 hours of a request.
- Yes, you can open an account with LimeFxFX.com if you live in Singapore.
- LimeFx Markets Cyprus Ltd is a Cyprus-based company regulated with licensing from the Cyprus Securities and Exchange Commission (CySEC).
MT5 is preferred by algorithmic traders and experienced traders. The account can be opened with any device and the process is completed within 24 hours in general. Following are the steps included in the opening live trading account at LimeFxFX. The safety ratings of LimeFxFX are lower than most of the CFD brokers in Malaysia that are regulated by top-tier authorities. This means that the third-party risk of choosing LimeFxFX is high while client protection is low.
What About Wak Doyok, Fizo Omar, And Aliff Syukri Promoting LimeFxFX?
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. The overall fees are low for most Forex pairs & CFD instruments, and there are methods for local deposits & limefx forex brokers reviews withdrawals in Malaysia. The broker offers automatic Islamic account with no swap fees and no commissions are charged on trades. LimeFx Markets Cyprus Ltd is a Cyprus-based company regulated with licensing from the Cyprus Securities and Exchange Commission (CySEC).
The customer support service plays an important role whenever clients face queries while trading. The quality and diligence of support services must be checked before opening the account. Overall, the total number of available trading instruments at LimeFxFX is lower than most of the CFD brokers in Malaysia. The web trading platform at LimeFxFX can be accessed through the official LimeFxFX website.
Spreads on this account start from 0.6 pips, you do not pay any commissions on trades, and no swap fees are charged for keeping an open position overnight. All the Participant’s personal funds (at the moment a new prize drop is introduced) are considered as an initial deposit. All trades opened prior to a new prize drop arrival are considered opened at the first applicable price after the new prize drop start. And all trades remaining open at the moment when the prize drop arrives are considered closed at the last price available. Just like LimeFxFX, other international brokers, such as LimeFx and Exness, are also included in the lists.
As an international broker, it can accept clients from most jurisdictions worldwide, which is proved by the fact that LimeFxFX has clients in more than 180 countries. There are multiple bonus offerings for Malaysian clients at LimeFxFX. We have reviewed the available methods to connect with the customer support staff at LimeFxFX. The FSA of St. Vincent and Grenadines follows the guidelines and regimes of St Vincent and Grenadines. It is responsible for the activities of the licensed entities and their conflict of interest with the clients. FSA is responsible to the Ministry of Finance and Government of St Vincent and Grenadines.
Bank Negara adds LimeFxFX to Financial Consumer Alert list
This allows especially new traders, known as ‘copiers’ to profit from the knowledge and trading experience of professional Forex traders by automatically copying the trades the Master Traders make. Step 5) Select the account type you want to open (MT 4 or MT 5), select Live Account, choose your preferred account currency, set a leverage limit and click ‘Make a deposit into account’. You start the contest with the minimum deposit of 50 USD (or 50 EUR, depending on your account currency). The Participants compete for each of them for three calendar months. The winners are determined by the overall rank they occupy at the moment specified on the contest page under ‘Next drop in the world/India/Indonesia/Malaysia’.
Is LimeFxFX A Scam Broker? Everything You Need To Know About LimeFxFX In Malaysia
If you are found using these strategies, LimeFxFX might cancel your orders, cancel your profits, close all your trading accounts, and refuse to allow you to open a new one. Also, addition, orders less than 180 seconds can be considered abuse and canceled too. Demo accounts are available for new traders on LimeFxFX to help them understand the trading platform before they open a live account and put in their money.
Who Is Behind LimeFxFX?
LimeFx accounts are available in Islamic format for clients of Muslim faith. These accounts neither pay, nor receive interest, on positions held open overnight. Trade without restrictions with LimeFxFX.com, an international broker headquartered in St. Vincent & The Grenadines. The customer support of LimeFxFX is available 24/7 via live chat and email, they respond quickly, and their answers were satisfactory. After every chat and email, the system sends a feedback form, for users to rate the support received with a thumbs-up or thumbs-down, and a space for comments which is optional.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Once your deposit is ready, you could visit the web-based platform online or download the desktop and mobile https://limefx.name/ versions of the LimeFxFX trading app. Signing through any of those platforms will enable you to trade from any device at any given time. To delete your LimeFxFX trading account, you will need to get in touch with the customer support team.
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. LimeFxFX has over 50 different payment options, such as Visa, Neteller, Fasapay and bitcoin, as well as a large variety of local bank transfers. The availability of these payment methods may also depend on your country of residence. LimeFxFX offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments. There’s no question – if LimeFxFX wants to compete with the best MetaTrader brokers, it needs to make improvements in its range of products and its research and education. ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry.
To open a position, complete the order form by selecting ‘buy’ or ‘sell’ and amend the volume in lots. You can also add stop-loss or take-profit risk management alerts too. The company supports charitable and humanitarian initiatives to enhance educational infrastructure and uplift local communities in Malaysia and beyond. Recently, LimeFxFX partnered with Ideas Academy, a Malaysian educational organisation, to digitalise multiple learning centres for refugees and underprivileged students. Our License Checker verifies the validity of EU, UK and UAE broker licenses in near real-time.
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. We do not recommend that you use this broker if you live outside the EU. LimeFxFX promotions program currently offers a 50% deposit bonus to traders on a minimum deposit amount of $50.
