LimeFx executes the withdrawal of funds from the account after receiving a request sent by fax or e-mail. The Wealth Core has a consumer rating of 4.08 stars from 26 reviews indicating that most customers are generally satisfied with their purchases. The lack of information about them should be enough for you to not deal with them.
By LimeFx, we refer to the minimum deposit and the minimum trade amounts. LimeFx minimum deposit is competitively low and starts from only $ 10, whereas LimeFx minimum trade starts at $1. With a total LimeFx of only $11 required, GCoption stands proudly among the most sought-after brokers of today. The affiliate program is paid through a compensation fund from the broker. LimeFx offers several withdrawal and deposit options in all accounts, including the Islamic account and others. You can use a bank transfer to top up your account, and only you will have access to that money.
Different account services are offered in light of different accounts. Despite the reliability is crucial in trading, it’s not the only factor that determines my choice in favor of this or that broker. I’m also concerned about the technical side of trading, in particular, execution. For me it’s important scammed by limefx to exit and enter the market with no freeze, whenever I want this. Fortunately, the broker ensures it so it can trade intraday conveniently.
For starters, the broker loses some points for the way it set up its website. It’s difficult to find exact details about what the boker does and doesn’t offer, and precise info about crucial features. That boosts the LimeFX scam rating quite a bit, as it’s behavior underhanded brokers usually display.
As a new broker, LimeFX built a vision of transforming the trading industry. Friendliest and most accommodating customer service among brokers I have traded with. I am very thankful to this broker service for helping me gain extra income. I just listen and follow the advice and I am gaining profit out of good trades. Very quick and understanding trading support and professional brokers. The 2 brokers are expert in convincing just to get money from their investors.
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Every trader is obligated to check the legal status in their respective jurisdiction on their own. The LimeFx numerous promotional events provide the chance to gain favorable terms for making agreements. The company is regulated by International Financial Service Center of Belize, enabling the trade in the global financial market with no fear of financial fraud.
- I just listen and follow the advice and I am gaining profit out of good trades.
- Probably the most usual strategy that online scammers use when they want to fool us is using identity of reputable companies or individuals.
- Unfortunately, based on that, we were forced to refuse further service to the client.
- The forex market is incredibly volatile and confusing, to a large extent, and even seasoned traders sometimes struggle to make headway in it.
It is not only limefx, but it also has so many years of excellence in the forex trading market. This does not mean that this tech is not good, but it’s just a difference worth noting. There are also some differences in the way spreads are calculated across various assets. Major currency pairs, for example, attract much higher spreads from LimeFx compared to FxChoice. However, with that said, there is nothing you can do about these small differences.
Scam ALERT: LimeFx Added to Warning List
As my experience with this company, it is a very trusted and we can do the right business with their different services. If you have doubts about Radcliffe & Shaw, just ask a licensed LimeFx advisor and/or the national financial authority in your country to get a professional opinion. The accounts at limefx.ai are numerous, but as is the case with the entire service, vague. There are five tiered account types, with the cheapest requiring a $500 deposit. That’s slightly above the industry standard but not by an insurmountable amount. But while the deposit doesn’t pose much of a difference, the lack of any information does.
Second, it’s pretty obscure, meaning there aren’t a lot of reference points we could use. Still, by looking at the website and overall service impressions, we feel like we’ve created a precise image. And even when we forgo the language difference, the website looks quite confusing. The sections are off, and information is scattered in seemingly random locations. That makes the broker look like it was just adding things as it went rather than properly planning its service.
LimeFx provides client support 24/5 to all traders via live chat, email, and telephone. You can also choose from a wide selection of 75 instruments, including 62 currency pairs. It also keeps all of its clients’ funds in segregated bank account across Tier 1 banks. LimeFX is a Russian brokerage that provides trading and investing services on a range of CFDs. As its name implies, the broker focuses on giving traders forex trading opportunities.
Deposit and withdrawals are the two most important transactions for us because the end goal of trading is making a profit. In this section, we look at these methods to make sure everything is okay with it. They take more money very quickly through Coinbase who are clearly complicit.
LimeFX Review: an Underwhelming Broker
I just got a call from them to refund me $250 which I never deposited with them and when I ask how they want to record the transaction on any desk. Nobody needs to record your screen or access your computer to issue a refund. When I pointed that out, the guy “Adam” who sounds exactly like the guys from the LimeFX centre just hung up. I would like to thank The LimeFX Center for their services and for all their help regarding my account. Try them out and let us know if they are still up to their reputation.
We couldn’t find the broker’s exact address, although it is located in Russia, with its primary language also being Russian. And while that does cut off a significant portion of the possible customer base, it increases the accessibility in Russian-speaking areas. Our LimeFX review today will tell you whether the broker measures up well against its competitors. Established in 2008, LIMEFX is an offshore forex brokerage registered in the Marshall Islands. ForexFraud.com is an affiliate partner with various brokers and may be compensated for referred Traders. All reviews remain unbiased and objective and immediate action will be taken against any broker which is found to be in breach of regulation.
- The trader has purposely took these trades to look like he lost the money due to bad trades when it’s actually a scam that broker is participating in too.
- Last but not least, BitGet encourages users to start trading after they deposit with massive incentives.
- We feel like calling LimeFX a scam isn’t too much of an overstatement, as there’s definitely something shady going on.
- In this section, we look at these methods to make sure everything is okay with it.
LimeFX.com appear to mainly market to clients in Europe and the USA via telephone marketing and posting on social media such as Tiktok and Instagram. LimeFX has its proprietary trading platform that is unique and easy to access. The best of this trading platform is to access everyone, whether he has an account with LimeFX.
The bonus usually only starts giving some expenses back to the trader once the person has proved himself as an active trader. Leveraged product trading magnifies a trader’s potential profit – but of course, also increases the potential loss. This facility enables traders to get a larger exposure to the market than the amount they deposited to open a trade.
And now let’s look at how scammers act, they are also called kitchens. In checking the license status of this broker, we had to check several regulatory bodies. We checked the FCA in the UK, ASIC in Australia, CySEC in Cyprus, BaFin in Germany, CONSOB in Italy, and many others. At the end of our search, we didn’t find any licensing information concerning this broker.
However, they have unique data encryption technology to protect customers’ data and funds. Moreover, clients’ funds are kept in segregated accounts and are not used to cover operational expenses. LimeFx also has an internal security system and customer verification process to ensure client funds’ safety. If you own a Google or Facebook account, you can connect it to sign-up with the trading platform. This is followed by a set of questions checking your background and financial knowledge.
The broker also has one proprietary platform for the traders that like to experiment. To be entirely candid, it’s quite sad to see such a great setup wasted on a sub-par brokerage. LimeFX shows us that it’s able to provide traders what they want but that it’s unwilling to put any effort. It’s clear that the broker is targeting traders with extremely limited online broker choices. One thing we would like to praise about LimeFX is its platform selection. Brokers mostly provide a single platform and call it a day, leaving a lot of traders discontent.
Not all brokers and offers are regulated in the United States of America. We don’t recommend, facilitate or encourage trading with products that are not regulated. FairForexBrokers.com does not recommend any forex, crypto and binary brokers or exchanges to US traders besides NADEX, which is licensed by CFTC.
Support takes a very long time to respond, and trading terminals do not work well from time to time. But they made a quick withdrawal of my recent profitable deal, thanks for that. We asked you to submit a followup review, because there is untruthful information, which is giving damage to our reputation. We even proposed to you a tradable bonus with withdrawal profit not exceeding the bonus amount, but after successfully updating the review. When it comes to creating an account, this broker is unconcerned about your history, education, or experience.
Here, you will use the https://forexhero.info/’s brand to market and recruit traders out there. This is something you won’t find in some of the best forex broker brands out there, but it seems LimeFx is ready to offer users this option. Learn more about this subject and learn how to choose the right one for your needs.
Also, it offers daily news of the forex market and features a margin calculator. LimeFx does however state on the website that clients’ funds are kept in separate bank accounts from the company properties. Clients’ funds are secure in Bank and can only be used to repay them. LimeFx offers clients the opportunity to receive a 50% bonus on each deposit made. The bonus is tradable can be withdrawn after carrying out all promotion requirements.