I appreciate them and am proud to recommend them to other traders. LimeFx is an experienced broker, having been in operation since 2011. The broker offers the popular MT4 trading platform with a suite of useful trading tools and provides traders with various limefx educational resources. Its minimum deposit of $1, zero commission charges, multiple account options, high leverage, and automated trading make it appealing to many traders. However, the broker is not yet regulated by any tier-1 financial regulator. Always verify that your broker, is licensed by your local financial regulator.
Through the limefxs from previous forex scams, they take posh offices and decorate professionally and introduce themselves as a reputable LimeFx firm. Some fraudulent sellers from fake forex brokers list sends the offerings to a bona fide mailing list. Usually, this mail includes an immediate pitch to earn money from forex overnight. However, registering an account requires interaction with broker employees. You should decline any request for additional deposits to your bank account or debit/credit card.
Some professional traders wish there would be more trading tools here, but it is just more than enough for average trader to work on the fnancial markets. LimeFx gave me the best trading experience of all the brokers I interacted with. This included credit card funding and an intuitive web based trading platform.
- Keep in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.
- Users also seem to be pleased, as we weren’t able to find any complaints about the broker’s functioning.
- The broker told me a 15% commission on net profits, She signed me in Ausforex, she lost all my money, I found out she signed me up on a $60 per unit.
Limefx Professional Level Account is an account for experienced and most demanding professional traders. You can avail of this account only if you pass the requirements of limefx for eligibility. This account unlocks most restrictions placed on retail-level accounts. In trading, first, you need to choose a market you would like to trade on.
Capital FX Plus review
It is in no way suited for the intermediate to advanced trader, however. Limefxps are fixed at seemingly arbitrary intervals, which makes it impossible to precisely adapt risk to market structure or volatility. Easylimefx is an award winning global broker limefxh full access to 300+ financial limefx on our innovative and easy trading platform. Yes, you will be safe when you trade the forex market with this broker.
In this portion of the review, we aim to explore the account types a broker might have. ❌ If LimeFX.com is offering you trading advice or LimeFX opportunities you should check to see if they are regulated as they are probably breaking the law. If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. The good thing here is that no one needs to sign up to access the said function, contrary to many competitors who typically ask for registration even just for a demo. The real truth is that this company is unregulated and your funds are not protected in any way and you should never invest your funds in such a company.
LimeFX is an underwhelming broker, even when you take into account that it targets a specific trader group. Since its potential customers likely have limited choices, the broker didn’t put as much effort into its service. That shows, as while the broker has some decent qualities, it’s far from fleshed out, and looks unfinished. The trading info is limited, so traders will need to go in mostly blind if they intend to use LimeFX.
Forex is a high-risk trading instrument which is not suited for all traders and investors. Two weeks ago I had an issue with my deposit and the support team helped me patiently to fund my account. Now I’m waiting for my withdrawal, they said it will be done within a few hours. But, actually, the robot is sending you the info happened in the past. To stay safe from the robot scams, make sure you check the fake forex brokers list here on this page before jump for any lucrative offers. And as we said earlier in our LimeFX review, we can’t justify that with the broker’s low trust rating.
LimeFx Review 2023 Is Legit or Scam
They’ve been my broker for over a year and I never had any problem with withdrawals. The broker says it offers 24/7 customer support in multiple places, although user reports say it’s quite slow. The broker provides support via phone, skype, and email, and unfortunately, doesn’t have live chat. As such, the entire contact process is a bit slow, and not quite what you’d expect from a broker. One of the most attractive metric when evaluating a broker is definitely the LimeFx minimum required to begin trading.
The commissions start to be charged for 91 days and stop when activity resumes. They have also engaged in falsifying celebrity endorsements, a common practice of some CFD brokers. The firm has a history of noncompliance with regulations, numerous name changes, and dealing in high-risk LimeFxs. The broker’s custom platform is not so good, compared to MTs, but it’s acceptable.
At the end section they have put same random company name that they picked it up from a shelf somewhere. So if they say we have a registered company, don’t fall for it, because anyone can set up a company online for just a few dollars. Mobile trading allows you to manage your accounts from portable devices like smartphones and tablet PCs. Limefxh that being said, things like these are some of the main requirements that everybody should pose to their broker; the bare requirements, if you will.
Category: Forex Trading
When the Bitcoin dipped to 33k, LimeFX called me and told me I lost all my money with my account manager being switched. If you want to remove your information entirely, contact our partners at Incogni immediately. It is a trustworthy data privacy tool that requests your data removal from almost a hundred brokers on your behalf. Specify the company’s connection with well-known brands, financial institutions, public organizations. Large brokers / crypto exchanges sometimes hold social promotions. How honest brokers / crypto exchanges should work and how they work, we found out.
These partnerships have proven to be great aids in the furthering communication between brokers and our visitors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.
The status of regulation for both brokers is also similar and the fees are at the same level too. For instance, while FXchoice has developed its own internal trading platform and technology, LimeFx heavily relies on third-party ones. We have also seen some differences in terms of the trading technology.
That means it’s much more difficult to find and potentially pursue if it wrongs you. It’s also another layer of unneeded secrecy, further knocking down the firm’s safety score. And before we start our review, we’d like to say there’s a bit of a language barrier. Google’s auto-translation tool works well on websites, but there are still some confusing mistranslations. That being said, we’re confident that our LimeFX review has a high degree of accuracy.
https://forexhero.info/ number two is that you need to pay taxes or the agent’s commission before you can withdraw. In concept affiliate programs, which are also called affiliate networks, are pretty simple. All they do is provide a third party platform that allows merchants and affiliates to find and work with each other.. The cryptocurrencies signals include the most popular chains such as Ethereum , Bitcoin , Arbitrum , Polygon and more. LimeFx does not offer services to users from certain jurisdictions, such as the United States of America, Islamic Republic of Iran, and North Korea.
The fact is that they can manipulate the trades from MT4 manager giving you the illusion that you are making money. But those “money” are just numbers on a screen, and after seeing these “money” they will push you to deposit more so you can make more money. When you reach your deposit limit or you smell something wrong, that is when the battle begins, and it can end on several ways, but none of them is good for you. They auto-generate fake profits on their dodgy websiet to entice you invest more money. This involves the trading of gold, silver, and other precious metals as hard commodities that are contract-based tradable. LimeFx offers a wide choice of Major and Exotic Currency Pairs to trade with.
Wilbert is an avid researcher and is deeply passionate about finance and health. The customer also has the right to transfer his money on his another account opened in the company. For withdrawal you can use credit and debit cards, bank transfer, CashU, Webmoney, Yandex.Money and some other payment systems.
LimeFx Review 2023 Detailed Information about LimeFx Forex Broker
In reality, these people work for themselves and their main goal is not to give you a free bonus or something like that. LimeFx provides several useful things even for customers who opened Standard accounts. I mean demo account, economic calendar, daily reviews, trading lessons, etc. I deposited an amount of Rs.5000, in xforex trading account and started doing demo trade. The accounts manager, Mr. Aashiq promised me to return the amount, if were not satisfied with the trading.
The trader has purposely took these trades to look like he lost the money due to bad trades when it’s actually a scam that broker is participating in too. He had the nerve to contact me after the account was blown offering to trade the other account so that he can purposefully lose the money in that account too. I closed those trades and made a withdrawal request of $4730 in bitcoin.
In fact, this security is spread across all trading platforms at LimeFx, including mobile trading and others. The slogan of LimeFX is “Reshaping Online Trading” and it presents itself as a powerful and intuitive platform, bulit for traders, by traders. It advertises that it is pairing the latest technology with comprehensive tools to deliver unrivalled trading experience. LimeFX hypes that it offers customized leverages and spreads for different accounts. If you have reached your deposit limit or you have smelled something bad, normally you would request your money back. It features a daily forex technical analysis of selected assets which is detailed with good explanations.