Report A Scam And File A Chargeback Against LimeFX

As we offer market execution only, the spreads may widen and tighten depending on the current market situation. Suppose you have been scammed by LimeFX or any other illicit broker, do not hesitate to ask for help. Recently, Global Fraud Protection received numerous complaints about offshore brokers. We are here to guide you through the chargeback process and get your money back. It all means this broker is using a $30 bonus to drag clients into the rabbit hole and then ask for more money for them to be able to withdraw anything. I deposited money, they debited from my account but the money doesnt apper on my mt4 and back office.

Secondly, it is clear that the broker does not stand still and constantly improves its services. So, recently I had a chance to trade cryptocurrency pairs, and they also added withdrawal of funds via Bitcoin, Bitcoin Cash. Hello everyone it is possible to retrieve your stolen bitcoins. I never believed in bitcoin recovery because I was made to understand that it is not possible.

LimeFX scam

The thing is, most brokerages take a lot longer and some could even take more than a day to do such requests. That means you’d be able to diversify your portfolio without the need to sign-up with another broker or look anywhere else. With these options, there’s no question that they earned an excellent score in this category.

$10,000 Welcome Bonus

The sharia law prohibits swaps hence the Islamic accounts are specially designed swap-free accounts. A good broker, I am glad that I have been working with him for quite a long period of time. All transactions are transparent, the withdrawal of funds occurs instantly. The most important thing is that LimeFX does not fail with payments. The broker actually gives access to the exchanges directly to the liquidity providers. He does not earn money on quotes by manipulating indicators.

A license from the international financial services commission from Belize. LimeFX is a retail forex broker that was founded and headquartered in Belize. Over the years in the forex industry, it has managed to grow in leaps and bounds in a bid to cement its place as one of the best forex brokers worldwide. While on the real market the spread is constantly changing.

How Does Forex Trading Work? – FinSMEs

How Does Forex Trading Work?.

Posted: Mon, 04 Feb 2019 08:00:00 GMT [source]

Some scam brokers restrict clients to their own platform which may not be a platform at all, but fake. Keep in mind that proprietary platforms are only as good as the brokers that develop them. Many proprietary platforms from high-quality brokers can provide an excellent trading experience. Brokerage firms offer more than just a place to place trade orders. In many cases, they provide more than just a place to place trade orders. This is especially true for those who trade stock options.

We want to invite you to read our recently updated Primefin & PrimeXBT reviews. Your suggestion will be forwarded to the relevant department for further study and implementation! Thank you for being an amazing customer and, of course, we wish you a profitable trading. We appreciate your time and the opinion you left about us! What can we do more for you to change your rate from 4 to 5 next time? We value every thought that can be shared with us at That will definitely help us to become even better.

The LimeFX Crypto Account

Basically, the app can be downloaded using the link provided on the broker’s website, and afterward, clients should use their account number and a password for accessing the account. Look at the spreads and commissions and check them against those of other regulated brokers. When it comes to legitimate brokers and their commissions, fees, and spreads, every potential client has to ask themselves what they are comfortable with.

After obtaining access to the back office, verification is mandatory to comply with AML/KYC requirements. A copy of the trader’s ID and one proof of residency document usually completes this step. The Raw Spread account commences with spreads as low as 0.0 pips for a commission of six currency units of the base currency per round lot.

As a second step, one should dig deeper into the issues and find out if they involve unethical trading activities, unsatisfactory financial settlements, or corrupt client relations. The customer support team at LimeFX speaks English, Indonesian and Malaysian languages. English language support is available 24/7 while other languages are available 24/5. The support channels are email, phone, social media and ‘call back request form’.

Types Of Scams

Although the lack of a license is not a guarantee that a broker is fraudulent, it is the one factor that comes up time and time again when we investigate broker scams. We have done a thorough investigation of LimeFX and want to share our findings with you. We have developed our research methods through years of working closely with regulators, banks, and government organizations connected with the financial industry. Our methods have kept thousands of people safe from broker scams. Therefore, our review of LimeFX is a useful tool in making sound financial decisions.

LimeFX scam

The promotions may be as high as 200%, but traders should read the terms and conditions before confirming their bonus. Another advantageous feature we found during this LimeFX review is the bonuses offered to clients which may vary, but forex brokers can often provide a solid incentive to try out the service. A combination of spreads and commissions create the cost-structure at this broker. The advertised pricing environment is competitive but isolated to a handful of assets only.

Maximum Leverage

The review of any broker must focus on discovering the issues and complaints reported by the previous traders. Did any trader file a complaint against a broker regarding scam or fraudulent activity? A detailed LimeFX review must discover the complaints that are reported against the broker. The essence of this review general ledger is to concentrate on the relevant facts. The relevant facts are geared towards uncovering any issues or complaints reported by the traders. The same method as used to fund an account must usually be used to withdraw money and monies will be only refunded to accounts in the same name as the trading account.

  • I can describe LimeFX as a trustful forex broker offering fruitful cooperation for customers.
  • A forex account is a trading account held by a trader with a company like LimeFX that is primarily issued with the purpose of trading currencies.
  • This account requires no minimum deposit, no commissions are charged and lots of currency units can be used.
  • Trading costs such as spreads, commissions and overnight funding rates vary depending on the instrument being traded and the account type opened.

So, LimeFX regularly launches various bonuses and promotions. They offer several options for trading on the МetaTrader 4/5 platforms which come with everything that you will, such as custom indicators, scripts and expert advisers. Funds can be deposited into a trading account via debit or credit card, bank wire transfer and a variety of e-wallets including Fasapay, Neteller, Alipay, Sticpay, Bitwallet and more.

This has helped in making LimeFX a global brand with a presence in most of the countries worldwide. Successful traders don’t seek to earn millions at once and don’t create illusions. Cynthia Kase has considerably increased her capital thanks to commitment, lack of passion and greed and became the successful and famous female trader. Cynthia has developed own technical indicators and on their basis trains newcomers. The third reason of disbelief in Forex is unfair Forex brokers. They can manipulate quotations or even steal money of investors.

LimeFX is also compliant with protocols that verify account holder information as well as payment protocols. To this end, users must pass Know Your Customer or KYC verification processes and must also have approved payment methods which can be verified. When talking of a lucrative and professional trader, LimeFX should be used as an example to properly describe these concepts. Its short stay in the business has been fruitful and has put it in a position to know what is best for its clients. A look at LimeFX’ customer reviews and comments paints you a picture of a very credible trader that is suitable for all clients both new and experienced and from different cultures. Owning of segregated bank accounts to separate clients funds from the company’s operational funds from mixing up and bringing confusion.

The popular MT4 is the only trading platform available to LimeFX clients. It can be accessed via WebTrader or downloaded on windows PC, Android or iOS mobile gadgets. The MT4 is renowned for its vast features and scalability. It has several features including order management, account monitoring, and technical analysis tools.

Online Brokers Online Trading Reviews –

Online Brokers Online Trading Reviews.

Posted: Sat, 10 Oct 2020 07:17:44 GMT [source] would like to remind you that the data contained in this website is not necessarily real-time nor accurate. I’ve used LimeFX services for almost a year, and I think they are better than previous one I traded with . I like them because of better LimeFX Review 2022: Pros, Cons and Key Features ECM conditions, and I can withdraw money via electronic payment system quickly. Maybe it’s because I usually withdraw not too large sums. Minimum account size for MINI accounts is only $1, so you can start with the $5 no deposit bonus, make profit and get money!

LimeFX Trading Products

Let other traders know if this service is worth checking or should be avoided. Regarding currency pairs, you can choose among all the majors such as EUR/USD, USD/AUD, USD/GBP, while you can also choose some of the minors. Trading foreign currencies is a challenging and potentially profitable opportunity for educated and experienced investors. Therefore, it is important that you fully understand the risks involved before entering the Forex market. You can ask any question and discuss about LimeFX Broker with other traders. LimeFX does not provide services for United States residents and/or citizens.

Avoiding the risks is an essential part of trading which is why you need to consider the lot size that is best for your capital and how loss you can bear. With such a variety of options, you’d be able to explore trading opportunities on different markets and not just the ones that you’re familiar with. You’ll be able to access 65 forex currency pairs and this includes majors and exotics.

A huge initial amount just to open an account and be able to trade in real money mode could easily scare off traders. You will be provided with an account number which will also serve as your demo account username. Use this detail to log in to your MetaTrader 4 forex demo account.

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