LimeFx Reviews Read Customer Service Reviews of www LimeFx com
All Scam Reports Team advise the user to avoid investing here, as we have found that this broker is suspicious, and operating without any legal license. Compiling together all the points mentioned in this LimeFx broker review, it can be concluded that LimeFx is a potential scam broker. Investors should always remember that the scammers don’t have any right to take away their funds with illegal ways and hence, it is their responsibility to fight for it and get it back from the scammers. All Scam Reports Team is here to help you out in this situation of fund recovery. All you need to do is to fill a small complaint form and we will be in touch with you shortly with a Free consultation. In this segment, we will be telling our readers about a few important points that you must look for in a broker before opening an account with them.
A decent enhancement to this kind of search is our scam brokers 2023 list, which indicates who scam brokers are and why you should avoid them. Acquire a more clear comprehension of the guidelines for forex brokers and any other brokers. Experienced day traders and investors https://limefx.group/ understand the importance of only trading with a licensed and regulated Forex broker. You have many licensed brokers to compare and choose from online, so start by reading reviews of theBest Forex brokers. LimeFx are a reliable broker which I use for forex and 24/7 crypto.
However, new users should be aware of the effects of leveraged trading before creating an account. Although profit potential can increase, losses may be amplified. While using LimeFx, we found the trading terminal intuitive and suitable for investors of all experience levels.
If you are still uncertain about your trading capability, LimeFx offers a demo account for novice traders who need a boost of confidence. You can make alterations like putting in any leverage and deposit amount in the MT4 tool. It is not regulated and is using cryptocurrency for account funding and withdrawals. Eagle FX has only minor geographical restrictions and is accepting USA traders. However, because it is a broker that in accordance with our research lacks any regulation, we would be quite sceptical if we were to trade with such a provider.
Price quotes are updated every 10 seconds within the platform interface. LimeFx offers relatively competitive variable spreads, starting from 0.1 pips. Most Forex Brokers that use the MT4 trading platform, also give you the option to use a free Expert Advisor plugin, which automatically trades for you.
📵 What deposit and withdrawal methods LimeFx supports?
In accordance with our research, LimeFx is an offshore unregulated broker. This alone does not mean it is a scam, but you should be even more careful with such a provider than with a regulated broker. In order to be sure that LimeFx is not a scam, read our trader reviews and check other popular trading related websites and forums.
As an offshore broker, these may be offered in the future, given the lack of regulatory oversight. Keep an eye on the broker’s website and members’ area for upcoming promotions. When we used LimeFx, our experts were pleased to see the broker does not apply a deposit or withdrawal fee for any payment methods, though third-party charges may apply. We liked that there no inactivity fees for dormant accounts.
LimeFx.net is not the same as LimeFx.com
To sum up, all that has been said above in this LimeFx review, we give you the power to decide whether the broker is a scam or not. Check whether the broker is included on the scam broker list of major regulators like FCA, FMA, ASIC, SEC, etc. Join thousands of people who choose to trade with us, enjoying over 100 instruments including 24/7 trading of Digital Assets. The evidence clearly shows that these two companies have at least something in common. If they’re not owned or founded by the same person, one thing we can say for sure is that they’re both scammers and therefore don’t deserve your deposits whatsoever.
We have over nine years of experience and have made an exhaustive examination of the platform and the services it provides. Once you limefx courses scam have read this review, you will learn the truth about it. Then you can decide for yourself if you are going to use it or not.
With insightful reports and direction, we can help recover your assets. If you have been drawn nearer by a trick firm, then, at that point, contact Brokers Complaint to get fund recovery. One limefx 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’.
I have not made a withdrawal yet but will update this review. When I signed up, the phone verification was not automated so a representative had to give me call. Although not being phone verified did not affect my ability of trading right away. All trading is done via ELimeFx MT4 platform available on browsers, desktops, and mobile devices.
- Dashboards can be fully customized, with interactive charting, technical analysis tools and one-click order execution.
- We have over nine years of experience and have made an exhaustive examination of the platform and the services it provides.
- The customer service team is also more helpful than other brokers I have used.
- I started off with a different broker & had a bad experience.
- The application includes a full range of analytical features, with real-time quotes and trading directly from charts.
It has favorable feedback and reviews online and is currently available in twenty languages. This system enables the traders to gain very low spreads at a time when the market is highly volatile. It can benefit different trader types like scalpers, day traders, and traders that deal with political and economic events. LimeFx then makes variable spreads accessible, which means the spreads are incessantly wavering whenever the market is erratic. Since LimeFx is relatively new in the foreign exchange community, it has to provide highly competitive spreads to attract potential clients and create a dependable reputation. Indeed, LimeFx has done that to a greater degree, and their reputation vigorously grew.
LimeFx has partnered with top-rank LimeFx banks and affiliates that deal with dark pools of liquidity to make sure that their customers can access and engage in the best online trading. These numerous associations made it possible for clients to access the most beneficial pricing and tight spreads. Huge gains appeared to be happening, and during the trade a surge stopped the system. 10% of profits was needed from the investors to correct the issue, so I put in 10% of profits, which was $5k at the time. When the trade ended I thought Eagle’s commission would be taken out of profits, but no, it was required before profits were taken.
LimeFx Review: Is LimeFx Regulated?
Judging by the fact that LimeFx appeared this summer and JAFX closed down within two years, it is safe to say that none of these companies has or had the capacity to hold a CFTC license. Even if they did, they’d be featured on the regulator’s database of licensed entities. However, we have to add this article to the mix as well, simply because, much like any political event, the LimeFx scam is also a developing story. Nearly every day we get feedback from our viewer-base saying that they recognize LimeFx from somewhere, and many have said that they look exactly like JAFX.
All market hours provided therein are in GMT+3, but the LimeFx provides a useful time zone converter link in their FAQs section, which users can use to time their trading accordingly. LimeFx is a brokerage catering for the trading needs of those interested in trading in FX and CFD, including indices and cryptocurrencies. Read our LimeFx review to find out if LimeFx is a scam or a reliable forex broker. Unbiased Forex brokers reviews that serve the interests of our users.
Benefit from multiple assets across different categories with high leverage and ultra-low spreads. Trade with a UK-regulated broker on MT4 & MT5 platforms for free. The spreads on EUR/USD are typically 0.7 pips and 1.2 on NASDAQ. Commissions are charged at six dollars for each lot round turn. These spreads and commissions are very competitive, which can be compared to other giants in the financial world like LimeFx, XM, or HugosWay. Once your account is instituted and protected by a hefty negative balance, losing all your money would not happen.
Conclusion of our LimeFx review
Fortrade is widely regarded as one of the best broker with an excellent standing and favorable trading conditions that cater to both novice and proficient traders. The regulation status of a broker is one of the most critical points while choosing the right broker. Here, this broker seems not to be regulated in its jurisdiction of operation and is indulged in scam activities. There is a high possibility that the broker has been warned by reputed regulation authorities like CySec, ASIC, FCA, CNMV, FINMA, etc. Warning issued by any of these authorities clearly indicated that the broker is not a good fit to invest your hard-earned money with. Swap fees are also charged when users hold trades open overnight.
To prevent falling victim to scams in the future, always ensure that you deal with legitimate companies that are fully regulated by major regulators, such as the FCA, like ForTrade. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Account creation is a fast and easy process which only entails the online registration and confirmation of a user’s email and phone number. Trade CFDs on an award-winning broker to discover why thousands choose to partner with LimeFx.