Long Positions will be credited an adjustment and Short Positions will be debited. The financing charges are updated daily and can be seen in the Trading Platforms under RollB and RollS. Connect with traders and investors in our Follow Feed community. A thumbnail of a daily chart is provided, with a link to open and customize a full-sized chart.
After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. The company, and founder Drew Niv, gave false statements to the NFA about this relationship, the regulator said. Mr Niv and co-founder William Ahdout have been barred from registering with the CFTC or from engaging in regulated financial activity in future.
Trade Shares on Trading Station
LimeFX and the two founders neither admit nor deny the allegations. US regulators have punished retail currencies trader LimeFX for using algorithms to trade against its own clients, in another stinging blow for global watchdogs against aggressive tactics in the mom-and-pop trading industry. If you wish to trade selected US shares beyond regular market hours, you can now do so with LimeFX.
US regulators slap down LimeFX for trading against own clients
Any positions held past the closing time of a stock exchange may be subject to a "financing charge" which reflects in an LimeFX account as "rollover." The financing adjustment will take place on the account after the close of the relevant stock exchange. Trading share CFDs with LimeFX allows you to use only a fraction of the capital to go long or short without having to own the physical share. Trade top international share CFDs with low margin requirements and costs. Trade top international share CFDs from the US, UK, HK1 and Europe with low margin requirements. However, remember that trading on margin is risky as it can significantly increase your losses as well. The settlement comes as regulators around Europe seek better protections for customers who engage in so-called spread betting on financial markets including currencies.
- Highlights important summary options statistics to provide a forward looking indication of investors' sentiment.
- Trading share CFDs with LimeFX allows you to use only a fraction of the capital to go long or short without having to own the physical share.
- The financing charges are updated daily and can be seen in the Trading Platforms under RollB and RollS.
- The Barchart Technical Opinion widget shows you today's overall Barchart Opinion with general information on how to interpret the short and longer term signals.
2 This tax treatment is applied by default to all positions and may be subject to change in the future. Rebates may be available depending on your individual tax and residency circumstances, or may differ based on the respective jurisdiction. Please contact LimeFX support if you believe you may be entitled to a scammed by limefx rebate for additional information you will need to provide.
Company Profile
LimeFX said that while it is winding down its US business, it will “continue to provide top-quality trade execution” to its clients. Gain said it hopes to have former LimeFX customers on board by the end of this month. This tax treatment is applied by default to all positions and may be subject to change in the future. Rebates may be available depending on your individual tax and residency circumstances.
The CFTC said that between 2009 and 2014, LimeFX was false and misleading in its efforts to snag new customers by hiding the fact that it had conflicts of interests with clients. 1 HK Shares can only be traded in increments of 1 Share. Please note that HK Shares can only be traded in increments of 1 Share. Get a feel for the platform by signing up for a Free Practice Account.
This information is for references purposes only, and reliance on the information contained herein is not an alternative to legal advice from an attorney or other professional legal/accounting services provider. This information is not intended as a financial or an investment advice and must not be construed as such. LimeFX assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of the information or other items limefx scam contained within these materials.