LimeFxFX Indonesia: Is It Worth Your Time?

Our Malaysian partners are numerous, but we are always glad to see new faces and establish new connections. Our goal is to provide you with the possibility to fulfil your desire to make a living out of Forex, bring clients and improve your business. If the contest winner refuses to comply with the contest rules or any of their provisions, this Participant will be banned from the contest.

  • Our partnership with our dear friends from Bali Sports Foundation lasts for a long time, and as the result of Ramadan charity collection, we donated $6,000 to support their goals.
  • 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).
  • 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’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.
  • The company itself was registered on Saint Vincent and the Grenadines, and its main supervisory authority is the Cyprus Securities and Exchange Commission (CySEC).
  • LimeFxFX does not have authorization from the Reserve Bank of India (RBI).

The results are announced no later than seven days after the prize drop arrival end date. Any direct or indirect violation of these rules shall be subject to account disqualification from the contest. The Participant needs to check in a new or existing real MetaTrader 4 account for participation in the contest. Though it has been granted regulatory status in Cyprus and in South Africa via an intermediary (Orinoco Capital), LimeFxFX’s lack of additional reputable licenses heavily weighs down its Trust Score. Becoming regulated in more jurisdictions – especially in Tier-1 jurisdictions – will go a long way towards building trust with existing and prospective customers. LimeFxFX has struggled with pricing in the past, but has vastly improved in this category and is now gaining on the lowest-cost MetaTrader brokers.

Trading Hours

In September 2022, the Indian Enforcement Directorate (ED) froze several bank accounts belonging to LimeFxFX India and related companies for illegal forex trading. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. LimeFxFX has achieved a solid position in the financial trading markets, executing an impressive 1+ billion trades from over 10 million live customer accounts. The founder and owner have ensured the brand has amassed a global reach, with trading services now spanning 185+ countries. Most of the traders who use this broker are located in Indonesia, India or Malaysia.

It’s important to note that minimum deposits and trading costs will also depend on which LimeFxFX entity you choose for establishing your trading account. 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’.

Transparent trading conditions

Highly trained and proficient office staff is here to answer your inquiries in Bahasa Indonesia. We are also offering local deposits in Indonesian Rupiahs for all our clients from Indonesia. Only the contest account of the Participant with the best rank is eligible for the prize giveaways.

We do not recommend that you use this broker if you live outside the EU. Founded in 2011, LimeFxFX is a company providing access to the financial markets for its about seven million users. These users are mostly from Indonesia, but some of them come from other countries, including India and Malaysia. The broker is suitable for both active traders and users aiming to employ copy trading strategies.

Instrumen Trading di LimeFxFX, Ada 230 Pilihan Trades

If you’re unsure whether a broker is a scam or a legit company, read our guide and check out customer reviews online. The broker accepts clients in 150+ countries, though it is worth checking which entity you will receive services from. You can access all the tools, features and functionality found on the web terminals including one-click trading, chart customization and full order management.

About LimeFxFX

In most cases, if your documents are submitted correctly, verification should only take up to three hours. There is also an Islamic swap-free account for those worried about whether trading is haram or halal. This is a significant advantage for investors using mid-term and long-term strategies as charges will not be applied for any positions held overnight.

This is particularly useful to stay up to date with upcoming market closures such as public holidays. LimeFxFX acts in full compliance with international legislation and regulation standards. With this, the broker guarantees segregated client funds and negative balance protection.

We ensure clear and accurate management for your funds, transparent and beneficial conditions for trading, and easy?to?use service for everything else where nothing distracts you from making a profit. We help you develop https://limefx.vip/ the knowledge and skills to trade efficiently and responsibly. Every year we improve our conditions and standards in an ongoing effort to make trading with the #1 Forex broker LimeFx your best experience in the market.

The ECN broker offers competitive trading conditions on its 80+ financial instruments, with tight spreads from 0.2 pips, fast execution speeds of 0.1 second and flexible leverage. LimeFxFX also offers two industry-leading platforms in MetaTrader 4 and MetaTrader 5, plus an in-house copy trading solution. Founded in 2011, LimeFxFX holds a regulatory license in Europe via its Cyprus-based entity – LimeFx Markets Cyprus Ltd – which is regulated by the Cyprus Securities and Exchange Commission scammed by limefx (CySEC). Your account may be eligible for certain CySEC protections – in the extraordinary event of LimeFx Markets Cyprus Ltd.’s bankruptcy, for example, you’ll be protected for up to 20,000 euros from the Investor Compensation Fund (ICF). In South Africa, LimeFxFX provides financial services to clients through an intermediary, Orinoco Capital, which is licensed by the Financial Sector Conduct Authority (FSCA). LimeFxFX does not have authorization from the Reserve Bank of India (RBI).

Our partnership with our dear friends from Bali Sports Foundation lasts for a long time, and as the result of Ramadan charity collection, we donated $6,000 to support their goals. The most memorable event was the discussion of swaps and commissions cancellation. This amazing news became the result of those meetings with our partners, and we are grateful for their feedback that helped us reach this mutually beneficial conclusion. Any translations of the contest rules, contest pages, and statistics are for reference only. In case of any discrepancies between the English and other versions of these materials, the English version shall prevail.

LimeFxFX is regulated in Cyprus by the Securities & Exchange Commission (CySEC) and in South Africa by the Financial Sector Conduct Authority (FSCA). LimeFxFX holds just one Tier-1 license and one Tier-2 license, resulting in a grade of «Average Risk» within the ForexBrokers.com Trust Score rating system.

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