Been using this broker service for quite some time and I am so far satisfied. They are very efficient in all of their services as a forex broker. Once you deposit the money, you have no control on how to trade limefxh your money. Those promises are false limefx cheating promises, they are just a bunch of liars. I hope one day some authorities can crack down this company and limefxp their operation. LimeFX was started by experienced people in finance industry who performed in multiple regions across the world.
But remember, the broker should be unaware of it as he will be alert and watchful, and will take preventive steps. LimeFX requires you to deposit a minimum of $1,000 to start trading. Read our LimeFX review and you will see why this broker is exactly as described.
Just click on the button below to get in touch with an expert or use our online chat (it’s better to use it if you lost more than $5000). I was able to process it smoothly and it has been created to my bank account earlier. Limefxh some hard work and dedication, it should take you 12 months to learn how to trade Forex / trade other markets – it’s no coincidence our mentoring program lasts 12 months! You will always be learning limefxh the trading and must always be ready to adapt and change, but that’s part of the thrill and challenge. Been trading limefxh them for a few months and I am very happy.
- Needs to review the security of your connection before proceeding.
- LimeFX client‘s funds are held fully segregated from the company‘s funds in top tier banks.
- This is because there can be no excuse for a broker if he does not have at least some kind of license.
If you are unsure if this is what you need to be doing, consult your fund recovery specialists for their opinion. Lastly, when in doubt ask your lawyer before proceeding with any transactions with the broker. They had helped me understand how forex trading works too. The broker offers a spread of 0.3 pips for the EUR/USD pair and hasn’t specified any other fees. Knowing that legitimate brokers earn profit from spreads, swaps, and fees, while LimeFX has them extremely low, we wonder how this LimeFX firm makes money.
Based in a country with low regulations.
Trading possibilities with 1200+ instruments of currencies, indices, equities, cryptos, energy and commodities across our advanced CWTrader platform. When trading energy commodities, investors take the opportunity to hedge themselves against flunctuating markets, and speculate on commodities prices. BaFin already started investigations against the latter in August 2021. At our review on March 17, 2017, we have not found any active payment provider at Global Morgan. Dealing with financial firms that are authorised or registered by us gives you greater protection if things go wrong.
The broker is offering quality services and trading at the financial markets, 24/7. Also, the knowledge and practice of the creative team have provided them with the idea of building a fair, most flexible, and steady environment for trading online. LimeFX offers several different means of communication for you to reach out to their customer support team. There are currently around 70% of offshore brokers on the financial market. Because this Caribbean island lacks a financial regulator, many LimeFX firms see it as a potentially unlicensed trading place.
Can a forex broker steal your money?
All deposits and withdrawals are processed depending on the level of priority of each account type. Our robust trading platform, CWTrader, offers advanced charting tools, four types of trade execution combined with NDD and automated trading capabilities. Currently, there are many crypto scam campaigns running again that recruit clients for broker scams via the promise of quick and easy riches.
- A good broker should not only be regulated, but also have a good reputation, excellent trading conditions, and exceptional support.
- The forex broker offers the best-traded indices such as DAX, Dow Jones, FTSE, and S&P.
- I’ve been personally trading for a long time with various companies.
- 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.
With LimeFX, you can trade stocks listed in the most significant exchanges, including London Stock Exchange, NYSE, and others with low rates and low margin requirements. Unfortunately, the website’s services are not allowed for people located in the USA or North Korea. LimeFX.com is the operating website of LimeFX Ltd., a registered trading company in St. Vincent and the Grenadines, Reg. No. 25880BC2020, located at Suite 305, Griffith Corporate Centre Kingstown.
You should also go through reviews online, search for the brokerage firm on regulators’ websites, or pay attention to whether their address matches that of the company’s headquarters. Are you not sure about the legitimacy of the LimeFX.com? These professionals can investigate the brokerage platform for you so that you don’t fall for any scam or fraud.
If you have an account with LimeFX.com broker close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry https://limefx.club/ right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.
Report an unauthorised firm
If the broker is not registered with the authorities, you may not get the desired legal help from the authorities in case of any mishap or scam. Make sure to choose the broker that is registered and licensed. Registration with the authorities is another factor to determine if LimeFX.com is legit or not.
No, LimeFX doesn’t offer any Demo accounts, only a Live one. It’s web-based software, not offering anything we haven’t seen before. You can download the app to any desktop and have an overview of trading assets, trading history, and balance. This may be the first time seeing so many unique warnings against the firm. Usually, one regulator adds the firm to their blacklist, and others follow.
In case you signed managed account agreement when opening an account, you authorize the scammer to do anything he wants to, with your account. They will squeeze you for deposits till your last penny and then they will show you that your trading activities are going into loss. LimeFX has an address for his offices but by checking, no company is located at this address.
If you are on this page, you are most likely the victim of a scam and you don’t know how to get your money back. We put you in touch with the best legal and regulated online company if you have no help from your bank. MyChargeBack is a company that helps you put a complete file to recover your money from your bank.
In summary, LimeFX is an upcoming broker and is still on the path to breaking into the market. However, it offers terrific service and an enjoyable experience to all of its traders. The offerings are more than sufficient to have something for everyone, and never miss a market opportunity. Whether you like to trade fiat currencies or cryptocurrencies, stocks or indices, or even volatile commodities, there is something to trade on the platform. Also, you are required a higher minimum deposit to get access to lower spreads and better service. This contradicts the statement for supporting new traders to gain access to the market easily.
Do not fall for the broker scams etaltd, Global Morgan and LimeFX!
A dispute and chargeback request may be possible with Global Fraud Protection. Our experts can help you take the first step towards a refund during a free consultation. German Federal Criminal Police joined the official investigation against the LimeFX trading scam. We have verified with the FCA, ASIC, BaFin, and other license providers that LimeFX is not regulated and operates illegally.
- LimeFX is a new broker in the market and still doesn’t hold any major license from top-tier regulators like the FCA, ASIC, or CySEC.
- Currently, around 70% of the financial market is offshore brokers.
- I deposited some money and was persuaded to increase this so that”we could trade properly”.
- Read our LimeFX review and you will see why this broker is exactly as described.
- I use their STP trading account for small volume trading and their ECN trading account for high volume trading.
MT5 offers a wide choice of currencies, shares, commodities, indices, as well as for cryptocurrencies. In addition, LimeFX provides crypto lovers with a variety of over 20 digital currencies to trade and invests in, such as Bitcoin, Ripple, Litecoin, Ethereum, and many more. Besides, LimeFX is an international institution that works with traders from diverse backgrounds every day. The broker also understands that every single person is unique and needs specialized service. The hard truth is that this company is unregulated and your funds are not protected in any way and you should never invest your personal savings in such a company.
Scam brokers get themselves regulated by a low-profile regulator and from a country that is notorious for regulating without many perquisites. This is a vital red flag investors/traders should look for while investing with the broker. Currently, around 70% of the financial market is offshore brokers. The majority are registered in Saint Vincent and the Grenadines. This Caribbean island doesn’t have a financial regulator, so many LimeFX firms see it as potentially operating without a license and implementing their own trading rules. Have used so many brokers in the past but I settled for this one, they’re great.
What Is the LimeFX Minimum Deposit?
However, if you follow these steps, you can be safe from FRCM scams and FRCM limefxhdrawal issues. You can also share your trading experience limefxh FRCM by commenting on this review. If you find this FRCM review helpful, be sure to share it limefxh your loved ones so they don’t fall into this type of scam. If you are the victim of a scam by FRCM or any other broker, please don’t be confused. Obviously, FRCM did not do any of the above, and could not even be regarded as a broker, but just a scam in the foreign exchange market.
The problem with unregulated brokers is that they are not trustworthy and violate the rules. Some brokers who are not honest will be aggressive towards customers and encourage them to make certain transactions. According to reports, many unregulated brokers (such as LimeFX.com) deceive people. For instance, they include Silver, Gold, Wheat, and Platinum.
Our Company helps people to succeed on the financial markets providing them limefxh the beneficial conditions. Sometimes, in Forex trading scams, the fraudulent broker only scammed by limefx offers their own platform, which may turn out to be fake. Some fraudulent brokers restrict clients to their own platform, which may not be a platform at all, but a bogus.
MT5 platform includes a list of robust analytical tools on numerous flexible and interactive charts. Meeting Expectations – our qualified support team strives to meet all client expectations and ideal goals set. Keep in mind though that, You are responsible for ensuring that all services and activities of LimeFX.com are authorized in your jurisdiction. Located in Saint Vincent and the Grenadines, LimeFX Ltd owns LimeFX Forex. As instructed by the FSA, LimeFX regulation should come from Tier1 regulators in each country. Look at our LimeFX review, and you will see why this broker meets all of our requirements.