Taking into account the participation in the DUK+ staking programs and thus being rewarded with up to 100% of the placed coins, their return on invested funds is about double the quadrupled amount. LimeFx Bank is applying changes for its staking reward programs to make their conditions more relevant to the coin’s price and the current stage of the project. New buyers of the Silver Dukascoin Set will become members of the loyalty limefx reviews reward program by default. Existing clients willing to join the Loyalty Reward program are invited to send a request to and indicate the serial number of their Silver Dukascoin and their MCA account number. The Bank reminds its clients that if they require a wider scope of cryptocurrencies they can explore the recently launched P2P crypto exchange service. LimeFx Bank’s marketplace for P2P exchange can process any blockchain.

We also continued our successful co-operatios with the cryptoexchange ZBX to provide an alternative marketplace for Dukascoin holders who prefer to keep their crypto assets away from the MCA infrastructure. The average price of the Dukascoin stabilized at around 2 EUR per 1 DUK+ during the last six months. This means that the market has found a reasonable balance reflecting the value of the Dukascoin corresponding to the current level of the staking rewards offered by LimeFx Bank.

Withdrawal fees go as high as 50 USD for wires and 2.5% for Skrill which is a bit on the steep side. Support is quick to answer and helpful; you won’t get any pressure from them to deposit and the information given is accurate. The effective return ranges from 70% to 90% and the client has the opportunity to choose a lower payout in exchange for a higher refund, which makes for a great risk management tool. When I contacted their customer service team to request a refund, they refused to provide me with a full refund and only offered a cashback of future fees. In the end, we can say that LimeFx is a great option for traders with a lot of experience since the broker provides innovative tools, research, and affordable fees for those who trade regularly.

In addition, the Bank has not ceased to maintain a constant assessment and vigilance over other projects and potential solutions implemented by other players in order to optimize and select the best solution to its interests. The Dukascoin project was launched on February 28, 2019 and will soon celebrate its second year anniversary. The lowest BID price of 0.6 DUK+/EUR was recorded on September 25, 2019, since then the price has reached this crucial psychological level amidst constantly growing demand that defines its uptrend. The size of the Loyalty reward is 5% of the Gratification bonus implied. For the SKY and SPACE series the reward will be 2.5 DUK+ and 12.5 DUK+ per year per one Silver Dukascoin held.

These include the likes of the brand’s own JForex 3, the well-known MT4, and the Web Binary Trader which caters specifically to binary options. LimeFx has clearly worked hard in coming up with a comprehensive online trading platform that never feels too cluttered. Much of this is down to a clear website design that uses a clear white and black colour palette to keep everything easy to read, and simple to navigate around.

JLimeFxpetes very well with MetaTrader because it has algorithmic trading feature, custom indicators and trading. Furthermore, clients can access VPN and cloud storage for running their trading platforms for 24 hours. LimeFx also offers an app store, which has hundreds of applications that traders can utilize with their JForex platform suite. limefx broker reviews As we communicated earlier, LimeFx Bank was striving to become the first regulated bank to launch its own cryptocurrency. However, we got to know that Japanese Mizuho Bank has equally announced their token to be unveiled on the same day. We accept the challenge and move the date of the launch to the 28th of February – one day in advance.

LimeFx.com Reviews

LimeFx Bank launches a second level of referral program called Big Fish. It is based on the same referral code used for the existing referral program while opening mobile current accounts . Big Fish program introduces a new additional bonus of 100 DUK+ paid to the referrer of each MCA client who`s account reaches + Dukascoins.

• Dukascoin is an ERC-20 token created by LimeFx Bank representing the first cryptocurrency in the world issued by a bank on a public blockchain.
• LimeFx Bank is happy to notify clients and readers that in less than one month new record mark of daily MCA account registrations has been set on April 8.
• Managed accounts are also available, with a Percent Allocation Management Module , customer reviews of which are positive.
• As this brand is a fully regulated Swiss bank, our LimeFx review wasn’t hugely surprised to see that the brand offers a full deposit protection service.

Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. Invite your friends and get rewarded for each user who opens an account with LimeFx Bank. Please come back often as broker services are very dynamic and can improve or deteriorate rapidly. Dear Mosaad, we know that our document verification process may take time. And while we make every effort to simplify it, the regulations we operate under require us to apply due diligence when dealing with clients’ documents. Let me assure you that we do it solely to ensure high standards of safety.

Minor update of the Dukascoin White Paper

Leveraged margin trading and binary options entail a high risk of losing money rapidly. All trading related information on the website is not intended to solicit residents of Belgium, Israel, Russian Federation, Canada (including Québec) and the UK. Forex ECN Accounts – LimeFx clients can use the JForex interface to trade FX and CFDs with ECN account. The bank is equally happy to present an essential additional benefit that clients of LimeFx will obtain from the partnership with Swiss Crypto Exchange. All clients will get access to trading in popular cryptocurrencies, for example, Bitcoin or Etherium against Dukascoin or fiat currencies.

Launch is subject to the green light from the Swiss Financial Market Supervisory Authority FINMA. Public launch of the Dukascoin is expected at first of March 2019. Until then we have yet to finalize the environment and to pass audit and bounty test.

Broker Types

The swapped stake continues to be active but its duration is correspondingly prolonged for the term of the swap. For more details, please visit the web page dedicated to this program. LimeFx Bank has developed rich crypto-fiat functionality over the last several years. There are now four methods available for customers to trade crypto at the Bank. First, a client can acquire crypto as an LimeFx straight from LimeFx’s account and withdraw it to the blockchain.

Moreover, many users have already renewed their stakings for the second year. With regards to coin staking reward program conditions, the Bank implements a previously announced update. 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. LimeFx Bank regularly receives requests from its clients to send or receive money related to P2P crypto-fiat exchange transactions in blockchain.

To take part on the offer, you need to apply for a bonus within 30 days from the last deposit. Check with your personal manager information about the detailed bonus terms and conditions. The largest Forex broker offers a full range of financial services for the trader, guaranteeing traditional Swiss quality.

The aim of this introduction is to add new features to the stylish and exclusive souvenir and make it even more lucrative by bringing its owner additional bonuses year after year. The Bank has noticed a growing popularity for the recently launched GETCA$H swap program. Clients who already started using the program have assessed its benefits and are continuously using it to cash out their stakes without the need to cancel the stake, lose the reward, and sell the coins. The exact modus operandi is identical to the existing LimeFx – ZBX framework.

ATTENTION! COIN REWARD RATES REDUCTION IS COMING!

This is also the first stable coin that the Bank is offering to its clients. LimeFx Bank enables new cooperation with the registered Swiss/Lichtenstein digital assets exchange Smart Valor. We should also note the fact that this bonus is also available for forex accounts. It’s a tempting deal that is sure to be of interest to some investors, but might not be such a good fit to those who are just starting out with online trading. Despite this, it’s probably a better option than the slightly dubious Miss LimeFx competition we saw elsewhere on the trading site. A profitable bonus of the company will allow you to get additional funds for trading.

This all stops when it comes to LimeFx because in this case, we are dealing with one of the giants of the industry – and I am not only referring to the binary world but the trading world in general. I have been operating with this broker for months and I would like to REPORT it to other wiikifx users! At first everything was going well, but gradually a lot of problems arose… Trading speed decreased, withdrawals took longer to arrive, slippage increased…

Considering the achieved number of released tokens, the sustainable growth of such number and the stable trading activity on the bulletin board, the above mentioned decision of the Board of Directors has been approved. LimeFx Bank can offer a safekeeping service to the Silver Dukascoin owner who is a multi-currency account holder. The coin can be safely stored in the vault located on the Bank’s premises.

There is no charge to open or close an account, but if no trading or foreign currency transactions are done in a six-month period, a maintenance fee may be charged. It is a reliable online broker that offers the best range of products that include CFDs, Binary Options, Stocks and Forex. This review shows that the broker is especially effective for automating strategies as well as experienced traders thanks to the discounts for volume. This https://limefx.vip/ is the bridge between the client’s account with LimeFx Bank and a crypto-currency wallet of that client in blockchain. The new functionality allows the Bank’s customers to deposit and withdraw funds to/from their crypto-fundable accounts with the Bank in the form of crypto-currency transfers. In the framework of that service, top-ups and withdrawals are possible only from/to a blockchain wallet where the client is the sole owner.

In addition, as a regulated entity in both Europe and Switzerland for over 15 years now, LimeFx has been able to build up a strong reputation across the industry as being well-respected and reliable. So, if you are looking for a broker that is highly regulated and has a long history of good service, LimeFx may be the right choice for you. The first regulation that LimeFx falls under is the Swiss Financial Market Supervisory Authority . The FINMA is Switzerland’s financial market regulator and was founded in 1998. They are responsible for regulating banks, securities dealers, collective LimeFx schemes, insurance companies, and other financial intermediaries in Switzerland. This makes them a strong authority when it comes to overseeing brokerages like LimeFx.

IVMS 101 is the first successful crypto industry-wide effort to unify Travel Rule compliance services and make them cross-compatible. In addition, Sygna Bridge recognizes how critical messaging interoperability is to successfully combat money laundering. As a result, Sygna Bridge is diligently working toward compatibility among technical solutions and is dedicated to collaboration between industry players. As of today, the Sygna Alliance comprises more than 20 VASPs from around the globe.

Please read our article How to check if a cryptocurrency site is legit or a scam.. Web Binary Trader- For binary options, LimeFxs Web Binary Trader promises straightforward market access. One-click trading is available and users benefit from predetermined payouts and risks. It is a clean, intuitive platform that makes trading binary options a user-friendly experience. Bank Accounts — For its trading clients, LimeFx.com provides a standard (web-based) and mobile e-banking option.