LimeFX Broker Review LimeFX Reliable or Scam Broker?
No longer offers binary options trading which many traders often view in a negative light. This infrastructure may be more suited to experienced traders who are already familiar with the markets, MT4 trading platforms, and other features who can employ outside sources for research. As to be expected with MT4 desktop, the offering is as comprehensive and empowering as ever to traders. The most common sign of a broker scam or a Forex trading scam is that the broker is either not regulated at all or has a low-quality regulatory license. Any Spacex-Drop.co reviews will not only answer the question of whether the broker is licensed or not but will also give some insight into the regulatory body and point out if the license is top tier or not. If you find this Spacex-Drop.co review helpful, be sure to share it with your loved ones so they don’t fall into this type of scam.
Be careful and verify your information through multiple sources. Constant vigilance should be applied at all times when sending money online. There are a lot of brokers out there operating under fake company names or that have other fraudulent operations. A little bit of preliminary research can go a long way in protecting you and your finances. LimeFX is an online trading broker owned by LimeFX Ltd and located at Suite 305, Griffith Corporate Centre P.O.Box 1510, Beachmont Kingstown, St.Vincent and the Grenadines.
Depending on the broker’s status – regulated or unregulated, every scam differs a bit. However, one thing is common for all of them, and it’s a trading ad. LimeFX has branches in Malaysia, Cyprus, United Kingdom, and Spain. However, none of the branches are regulated or registered with any authority that oversees the Forex or financial LimeFX services companies. Therefore, there is no strict implementation of the rules that are typically deployed by the reputable organizations in a purpose to protect customers and their LimeFXs. The basic truth about binary LimeFX is the same old story, knowledge is key and information is power, those will never get old, I’m not the type that wi...
- Trading instruments are almost solely focused on currency pairs and spreads are not so appealing.
- Minimum deposit and minimum withdrawal amount via wire transfer is $500.
- Moreover, LimeFX web site features an education section for helping beginner traders to get familiar with forex trading and smooth the early stages of their trading career.
- Those methods are Wire Transfer, Credit / Debit Card, Neteller, Skril, Payza, WebMoney, EPay, Bitcoin, Ethereum, Litecoin, Ripple, Perfect Money and SticPay.
- The broker also changes name and website URL without any notice to existing traders.
ReportScamOnline now considers LimeFX to be operating an online scam. We recommend that our readers not trade with this broker and if you have an open account with this company, we suggest you try to withdraw your funds as soon as possible. LimeFX has proved its self to be trustworthy and safe to me.
For updates and exclusive offers, enter your e-mail below. LimeFX is allegedly owned by the same-named company, LimeFX Ltd, from Saint Vincent and the Grenadines. Red flag number one – the address is Griffith Corporate Center, Suite 305. The exact address serves as a home of CCXMarkets, GNT Capital, TradEqual, WSM International, Diamond FX, Western FX, and many more.
LimeFX Scam Broker Complaint | LimeFX Review
This is an offer which many top brokers regulated by CySEC and other bodies simply cannot provide due to regulatory conditions. LimeFX provides the MetaTrader 4 trading platform to its clients for free. Because of its reliability and execution speed, the MT4 has always been popular among traders and forex brokers. MetaTrader 4 platform offers access to advanced charting tools and technical indicators for traders which can improve the likelihood of a trade to profit.
Many LimeFX complaints and negative Broker reviews and other possible scam features can also be the reason. Your funds may not be safe if you are trading with LimeFX. In accordance with our research, LimeFX is an offshore unregulated broker.
Unfortunately, the website of the broker is presented in the English language exclusively. Of course, this can become a serious obstacle for many beginning traders. The minimum deposit via wire transfer is $100 while credit/debit card and PayPal require a minimum deposit of $50.
Potential investors can also try the Spacex-Drop.co trading platform for free, and then make the final decision by opening a free demo account. Like all leading brokers, Spacex-Drop.co provides customers with a series of account types to meet the different needs of different types of traders, from beginners to professionals. The startup Forex broker LimeFXhas been operating https://limefx.vip/ in the financial market since 2011, providing traders around the world limefxh a full range of services for quality trading. The company is popular limefxh market players, both beginners and professionals, thanks to favorable working conditions, reliable modern tools. On the subject of bonuses, LimeFX provides for up to 50% bonus on each of your qualifying deposits.
- With LimeFX it is easy to learn, trade, manipulate and earn money.
- I was scammed twice before by fake recovery company who said they could help but didn’t.
- LimeFX allows funding your account via Bank transfer, VISA, MasterCard, American Express, Bitcoin, Epay (epay.com), Ether/Ethereum, Litecoin, Neteller, PayPal, Payza, PerfectMoney, Ripple, Skrill, SticPay, WebMoney.
- Here they provide access to a daily analysis of selected markets.
This company presents different trading accounts to fulfill all trading desires and expectations; Standard and free VPS accounts. The variety of markets offered by LimeFX is limited relative to the other forex brokers that we have reviewed.The Broker offers trading services only in currency pairs, precious metals and oil. This means that you won’t be able to invest in instruments other than forex, metals and oil such as company shares, cryptocurrencies and stock indices.
LimeFX Review & Author's Comment
LimeFX tries to minimize other fees which its traders may encounter through use of the platform. This includes no-fee on deposits, and a minimal fee on withdrawals which ranges from 5% on credit/debit cards, 4% on PayPal, and $3 for the majority of other withdrawals less than $50. Most brokers have accounts that differ depending on the amount of money being traded.
There is a wide gap, particularly between the LimeFX minimum deposit on each account type. Many proprietary platforms of high-quality brokers can provide a great trading experience. Such brokers are only required to provide easy access to trading instruments, but nothing more. The problem with unregulated brokers is that they are untrustworthy and violate the rules. If you have traded with LimeFX and believe you have been scammed by them you have a chance to get your money back.
Broker Complaint Alert helps victims of LimeFX fraud, forex scams, crypto scams, and any type of fraud that happened to you. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. LimeFX is an online trading brokerage without a trading license.
Before deciding to join a broker and start trading, a potential trader needs to establish whether a broker like LimeFX is safe to trade limefxh. One of the surest benchmarks to measure the safety of a brokerage is to establish which regulating authorities are watchdogs over its actions. The comparison tool below allows you to compare two brokers based on their ratings and features.
When I first opened an account with this broker, I was actually a little unsure about if I made a right desertion or not. Right now i can confidently say that that it was one of the best things I did in my life they do not receive any commission so as a trader, you are not forced to close your position before a certain period. As a forex trader I have always been looking limefx forex brokers reviews for a reliable broker with fixed spared and high leverage, When I started trading with LimeFX, I realized this is where I love to trade. There are also Expert Advisors systems for hands-free trading, which can even manipulate the trading signals send to the system. Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital.
Good trading strategy platform
The broker also facilitates a discount of up to 10% on the exchange rate between your crypto deposit and trading currency. This is a positive point in respect of the many competitors who do integrate some form of fee for inactive traders. Broker remains operational for some time and suddenly you are not able to contact the broker or the website seems down. The broker also changes name and website URL without any notice to existing traders. Here are some of the possible reasons why we have flagged LimeFX as a scam broker in this LimeFX review.
- It is so high and it makes it possible to earn more even when you predict a small price move.
- Between 74-89% of retail investor accounts lose money when trading CFDs.
- We don’t recommend to trade with them and if you are trading with LimeFX contact them immediately and try to get your fund out.
Traders should trade with well-regulated brokers and reputable brokers. No matter what trading products you find in the Spacex-Drop.co reviews, please make sure that they have obtained permission to trade the products they offer. Obviously, Spacex-Drop.co did not do any of the above, and can not even be regarded as a broker, but just a scam in the foreign exchange market. Spacex-Drop.co hides most of the trading conditions and raises suspicion.
Im happy to work with them and i have not ran into any problem with them. Mistakes can happen even with the most cautious of investors, and should be used as a learning limefx website opportunity. 6 global branch offices in countries around the world, and customer support is available from many of these in a variety of languages and several forms.
The bonus usually compensates traders for choosing a certain broker, since once the account is active, the trader will have the same expenses as any other. The bonus usually only starts giving some expenses back to the trader once the person has proved himself as an active trader. The spreads are categorized into standard spreads and VIP spreads. On the Standard and Premium accounts spread starts from 2 pips, on the VIP account, spreads, starting from 0.7 pips, and on the CIP account, it starts from 0.1 pips. One of the most prevalent online trading scams is to initially display profitable trades that give the investor a false sense of confidence, and get them hooked to the idea of ‘easy money’.
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They do everything in the fastest possible time, i have the experience of trading with different brokers, LimeFX is by far the most reliable. I'm really happy to trade with them and suggest them to all traders. LimeFX offer three distinct account types for traders to select from. All of these account types offer a variation of the same services at different rates.
To complete this, traders are simply required to download the LimeFX trading platform and fill the basic personal information required. This demo account can be operated for 60 days and will then expire if not used. LimeFX has got many negative reviews and traders who traded with this broker have raised many complaints against it. ReportScam has investigated a lot about this broker and based on the negative reviews, complaints and other scam features, we have listed LimeFX in the list of scam brokers 2021. LimeFX offers traders the opportunity to practice strategies and become familiar with the platform with their demo account option. By opening a demo account, traders are able to improve their trading skills and learn everything about the basics of Forex trading, rules and conditions, and movements and crises of the Forex market.
We will always remind you here that anyone, promising to help you trade/ recover your funds/ manage your account / gain huge profits in... It specializes in foreign currency exchange and CFDs in different financial assets. I'm not a professional trader and therefore i usually have so many questions, LimeFX support team always answer my questions and solve my problems. I love the way their support team treats with the clients. They keep a good pace for all the procedures and never keep you waiting for too long. What I appreciate the most about this broker is the high leverage and the features that they provide for their clients while keeping everything simple.