Forex Trading

LimeFX review 2022 ++ Scam or not? Real broker test

LimeFX can process and confirm your withdrawal within 3 business days. As for the transfer fee, International policies may cause various jurisdictions to apply different rules; you will have to check the terms and conditions in detail with the broker and provider. 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. Please If you have lost a reasonable amount of money to an alleged trusted broker or LimeFX platform contact them now on tr A cK iT b Ac k for assistance on how to get your money back. has a very low trust score according to our algorithm.

I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database. The account holder is responsible for the trades placed in his/her own trading account, which is listed in our Terms and Conditions which you agreed to. However, we cannot find you in our system, please contact our Support Department and provide your email address or account number, so we can assist you. I was doing very nicely trading currency pairs on my own with no help from these scum.

Once this confidence is established, the investor will be marketed the idea of investing more money to earn greater returns. Additionally, other incentives may also be provided to encourage the investor to get their friends and family onboard the platform too. They will steal all your money and leave you with nothing. I deposited money with them and they closed my account when I made withdrawal request. Thanks to WEALTHWATCHS, com that assisted me in recouping all my funds back from them.

  • As for the transfer fee, International policies may cause various jurisdictions to apply different rules; you will have to check the terms and conditions in detail with the broker and provider.
  • Always verify that your broker, is licensed by your local financial regulator.
  • Withdrawals processed through wire transfer may take anywhere between 2-5 days to be credited to the trader’s account.
  • Is available on both Android and IOS and allows traders to place eight types of pending orders to get more precise control over open positions.
  • I was able to pay my friend and convinced her to invest as well, all this happen within a week.

Account verification remains mandatory, and most traders satisfy it by sending a copy of their ID and one proof of residency document. LimeFX also asks for Taxpayer Identification Number , breaking with the procedure available at other offshore brokers. LimeFX does not offer deposit bonuses but maintains a Loyalty Program for affiliates. The structure is a mix of minimum equity, executed trades, and referred traders, an intelligent concept I like, but the rewards remain unattractive.

Ratings On Other Platforms

Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. LimeFX is an intriguing broker as it only offers the MT5 trading platform with a promise of no swap rates on leveraged overnight positions. Retail traders with portfolios below $25,000 must accept higher spreads, but the absence of fees on overnight positions piqued my interest. I reviewed LimeFX to conclude if the swap-free offer creates a competitive advantage. How does LimeFX compare to the elite brokers in the Forex industry?

Your opinion is of great importance to us as we value each of our clients. Don’t forget to follow us via our various social media profiles and keep up with the latest scoop about our company. A request to settle a debt, taxes or other amount owing and to send money via courier, prepaid bank card or gift card.

LimeFX scam

Additionaly, you may end up with an offshore one and be given all different perks and trading conditions. As So Called Account manger makes 10% or more on our deposit. I am in the process of contacting the Cyprus FCA, and financial ombudsman of Cyprus, to look into my case, and hopefully stop these people from trading, and scamming anyone else.

LimeFX Affiliate Program Details

There are multiple ways to reach out to, them, e.g. through email, calling, or via a live chat. The team appreciates constructive criticism and to ensure further customer satisfaction, they are all fluent in English, Arabic, and Russian. The staff is always limefx happy to answer any general or account-related questions to the best of their ability. To make sure you are dealing with a regulated and known broker, you should be able to find easily who is the CEO of this brokerage firm, who is running it etc.

LimeFX scam

I don’t think my trading experience would have been that good if Damian was not my Guru!! I will highly recommend Legacy to anyone contemplating Futures trading. Our team of professionals will guide you throughout the process and teach you how to use it properly. Moreover, they will be next to you in case of questions and teach you everything regarding trading.

LimeFX The trading platforms

They will suck you dry and leave the account with a big fat $0 balance in no time and take off with your money. LimeFX is an online Forex and CFD trading provider regulated limefx courses scam in Cyprus and Vanuatu. Since the firm operates offshore, if you have any issues, let us know. The company claims to offer all IB partners CySEC and FCA licenses.

LimeFX scam

The whole process of setting up and making a start has been smooth so far. I hope i can make further progress in the time to come . My interactions so far have been valuable and progressive .

LimeFX Review – 3 shocking facts about

Generally, it’s enough for the firm to pay a small fee and obtain a license without any further demands. At first sight, LimeFX broker looks legitimate and secure. The firm has a CySEC license, meaning it’s allowed to operate in the EU. LimeFX operates an EU-based subsidiary with regulation from the CySEC and the FCA. The account opening process at LimeFX is both short and straightforward, and I appreciated the hassle-free process.

It is an interest-free or swap-free account type, for those who, for religious reasons cannot trade on interest/swap-incurring accounts. However, account holders will still enjoy all of the benefits of all the Account Types offered by LimeFX, their same spreads, and the same trading conditions. European MiFID directive that also enables LimeFX to offer its service within the EEA zone and beyond. The stated objective of MiFID is to participate in building a more integrated, deeper, and more effective generating growth capital market while strengthening the protection of investors. However, this type of regulation does not let LimeFX offer its services where the broker is NOT regulated.

While a trader may not be satisfied with the results of his/her own trading that does not mean they were not treated fairly by your account manager. The Forex market carries a high level of risk and can be very volatile at times. The lot size of 0.1 is the minimum and standard size when trading commodities. All trades are conducted according to our Terms and Conditions, which you signed and agreed to.

They are ever willing to assist with their tremendously courteous customer service and their service appears quite excellent. LimeFX strives to provide the best possible customer service and we are happy to know that we were able to achieve this. You can develop your own unique style of trading or you can take recommendations for trades. We are incredibly grateful that You took the time to share Your feedback with our company.