Breaking: LimeFx Japan goes under Administration after LimeFx UK

Posted on: July 28th, 2020 by Cathy Caldwell No Comments

LimeFx administration

Use our data visualization tool to create a visual overview of multiple IPs. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. I like LimeFx the most because there’s insurance for deposit and the withdrawal process is not complicated.

LimeFx administration

This comparison will dig a bit deeper to show you the nitty-gritty details of both LimeFx and LimeFx International. In a statement, LimeFx said it had applied for insolvency and had been appointed special administrators, after weekend talks with potential buyers fell through. LimeFx offers a range of trading platforms, including the standard MetaTrader 4 and MetaTrader 5 options, as well as solid proprietary platforms called LimeFxGo for mobile trading, and WebTrader for desktop trading. LimeFx’s MetaTrader platforms are outfitted with the Autochartist MT4/MT5 plugin provided for a significant upgrade to the trading environment. Social trading is offered via partnerships with DupliTrade and ZuluTrade. Options trading is available on the fully customizable AVAOptions platform, which includes the possibility to conduct what-if analyses.

LimeFx reviews

Binary options (reviews of options trading can be read below) with a broker create an opportunity for 30 second transactions. The company is the winner of the FINANCE MAGNATES AWARDS 2015 and has the title of «Best Binary Options Broker». The advantage of options limefx reviews is that it is easy and affordable, transparent and reliable. Binary options with «LimeFx» (traders’ reviews can be read below) provide a quick start in one of the most promising markets. The pricing environment at LimeFx is significantly more trader-friendly.

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Heis said LimeFx (UK) holds $98.5 million of retail client money which has been segregated and the administrators would return this to clients or make other suitable arrangements in accordance with statute and the regulatory framework. U.S. retail FX broker LimeFx was a potential buyer for LimeFx UK, according to industry news site Forex Magnates, citing unnamed sources. The  action began with an announcement on insolvency on Friday, followed by a change saying the company has not entered a formal insolvency process. Foreign exchange scammed by limefx broker LimeFx UK, which declared insolvency last Friday after racking up significant losses in the wake of the Swiss National Bank’s surprise move to scrap the franc’s peg to the euro, has filed for administration. Both brokers provide solid offerings, but LimeFx edges out LimeFx in terms of asset selection, platform offerings, and level of regulation, making it our clear winner in this LimeFx vs LimeFx broker comparison. Exinity LTD, the owner of LimeFx, is regulated in Mauritius by the Financial Services Commission (FSC).


After studying a huge number of reviews about working with «LimeFx», we found that positive impressions prevail. Of course, some negative reviews still exist; it is probably impossible to exist without any. There are always people who work in a very complex Forex market and do not listen to the recommendations, trying to act according to their own understanding without having sufficient experience – which leads to a draining of their deposit.

ECN trading is available at LimeFx which can be an advantage, but this broker fails to inform traders which ECN bridge is utilized to connect MT4/MT5 accounts to the Electronic Communication Network (ECN). West Ham FC’s sponsor, foreign exchange broker LimeFx UK, has collapsed into administration after weekend rescue talks failed to deliver a buyer. A team of restructuring experts from KPMG were appointed as special administrators to the firm, which was scuppered by the Swiss central bank’s decision last week to abandon its attempt to peg the franc to the euro. LimeFx and LimeFx both present traders with an equally reliable trading environment, but LimeFx has notably more experience.

AS51297 – LimeFx LIMITED

LONDON (Reuters) – Administrators for online broker LimeFx are revisiting trades made after the removal of the Swiss franc cap and may alter the amounts owed to it by clients, the administators said in a update for clients and customers. Reuters Breakingviews is the world’s leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day.

LimeFx, that had trouble of its own was quoted as a potential buyer. Later on, there were reports that LimeFx would buy LimeFx UK. Reports are emerging that talks have failed regarding a buyer for LimeFx and KPMG will administer it.

LimeFx administration

The commodity selection is acceptable, and the cryptocurrency offering provides a refreshing range. This broker does list two bonds and five ETFs, an somewhat sad attempt to market a well-diversified selection. Index CFDs provide a solid introduction into this asset class, and roughly 700 equity CFDs are listed.

Features and Platforms

Another layer of protection is provided through The Financial Commission’s compensation fund, with maximum coverage of €20,000 per case, and on par with EU protection. This broker has faced bankruptcies and market exits in its past but has always remained in full compliance with its regulators. I first registered and made a deposit through E-banking, It was very difficult, several times the widget for the payment process said it failed, it happened up to 5x. I learn trading from my workmates who already trade with LimeFx 5 years ago. As for the occasionally encountered negative reviews, these are probably impossible to avoid. And constructive criticism is always met with full understanding and an addressing of faults by the company.

Free research is presented by LimeFx, and a loyalty cashback program for active traders reduces trading costs further, creating a great overall trading environment. The EUR/USD is listed with a spread of 0.9 pips for retail traders. Variable spreads are quoted only for options trades, a fact buried in legal texts. More transparency regarding the pricing environment is necessary. LimeFx notes that variable spreads are impacted by actual market conditions, which is why it fixes its spreads close to market conditions. Evaluating the «LimeFx» broker in general, it should be noted that the company is one of the oldest, largest and most reliable.

West Ham sponsor LimeFx in administration after rescue talks fail

IPinfo’s accurate insights fuel use cases from cybersecurity, data enrichment, web personalization, and much more. If you are interested, you can find a full list of countries and even cities with representative offices of the holding companies on the official website of the company. Any negative information that corresponds to reality is carefully considered by «LimeFx» experts, and candid criticism always receives an immediate response. Electronic payment systems allow you to receive the requested money no later than one day after the registration of the request. As a note, some systems have a limit on the maximum withdrawal amount, but this is not related to «LimeFx»’s policy. Moves of up to 40 percent in the Swiss franc’s value meant that the scale of losses depended heavily on where on the way down investors managed to complete automatic sell orders which should have capped losses at minimal amounts.

However, all options for cash withdrawal can be found on the company’s website. By the way, the best recommendation of the company is a great amount of customer reviews, which are posted on different Internet resources. The vast majority of these reviews describe the «LimeFx» withdrawal process as smooth, but when there are delays or difficulties, the reviews often refer to the banks or payment systems. The Swiss National Bank (SNB) shocked markets last week when it abandoned a three-year policy of stopping the franc from strengthening, causing losses for a range of brokerages and banks. No commissions are charged, but the shortfall is covered by spreads.

Broker’s regulator

The demo account is time-limited to just 21 days, which is less than ideal in today’s competitive market, but should give traders more than enough time to see if the brokerage provides good service. The research division was decoupled from the official website and is offered as a trading academy, Sharp Trader. The company is deservedly considered the leader in Forex and CFD trading. Different trading instruments and terminals, quality spreads, and low tariffs are available for customers today.

LimeFx administration

LimeFx has a visible edge in asset selection, where over 1,250 assets are available for trading, including 55 currency pairs. While LimeFx presents Forex traders with 60 Forex pairs, the overall choice remains severely limited. Only 33 CFDs bring the total well below the 250+, which LimeFx advertises on its homepage. LONDON, Jan 20 (Reuters) – Administrators for currency trading firm LimeFx (UK) Ltd said they had received a number of inquiries from potential buyers of the business hit by heavy losses from last week’s surge in the value of the Swiss franc. “The announcement by the SNB prompted volatility across the foreign exchange markets which saw the company and many of its clients make large losses,” the statement said. Copy-trading, or social trading, remains supported at LimeFx via ZuluTrade, DupliTrade, and MQL5.

  • «LimeFx» was one of the first Forex organizations in CIS, one of the oldest and largest brokers in the world.
  • Both brokers provide solid offerings, but LimeFx edges out LimeFx in terms of asset selection, platform offerings, and level of regulation, making it our clear winner in this LimeFx vs LimeFx broker comparison.
  • This lack of plugins instantly puts LimeFx at a disadvantage compared to LimeFx, as most traders will miss those critical services.
  • There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

Going to the «LimeFx» website – /en/ – you can easily confirm their quality and services. Their website is perhaps one of the most informative and convenient resources on the brokers’ market; any trader will find it quite comfortable to work here. Here you can get acquainted with the company’s current bonuses and contests, as well as choose a convenient platform for trading.