⭐ LimeFX Review Got Scammed? Get Your Money Back!tt2424
Logically, referrers try to attract as many people as possible. LimeFX verification ends at the phone number confirmation stage. We have not been able to find pages where you need to go through the KYC procedure. Immediately after confirming the number, they offer to replenish the deposit. The team at MyChargeBack – a specialist group dedicated to helping consumers recover funds lost online – is available 24/7 and has helped consumers all over the world recoup millions of dollars. Be careful and verify your information through multiple sources.
LimeFX is registered offshore in the Commonwealth of Dominica. The company’s strengths include reliability, stability, and security. However, an analysis of the LimeFX.com site and reviews on independent resources led to conflicting facts. It turns out that customers have accumulated a lot of complaints that do not fit into the image of a global broker. After conducting some research on various social media platforms , as well as online trading forums, a general theme emerged where users were dissatisfied with their experience with LimeFX.
Not only is Mutuelbnunion demanding more fees but is also threatening to put my money into “money laundering” crime. I guess this is what can happen with an unregulated broker. Most online brokers have varying minimum deposits for the various trading accounts available on their platform. Because LimeFX only has one trading account, the $10 minimum initial deposit applies to all of their clients here. However, because the broker only has one live trading account, the comparatively large leverage is available to all LimeFX trader accounts. They also offer negative balance protection for their customers.
All of our reviews are based on research carried out by professionals. CFDs are complex instruments and come with a high risk limefx courses scam of losing money rapidly due to leverage. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.
- The tier system reaches five levels of sub-affiliates underneath you, which means you can earn large commissions.
- ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up.
- If you are a victim of this broker, you must complete the file below or use the online chat if the amount lost is greater than $5,000 to be put in direct contact.
- Fast withdrawals and easy platform and the leverage is better then most others out there.
- This scheme has the potential to earn lots of cash if you are at the top of the pyramid.
I have heard good stories about LimeFX and how fast they proccess withdrawals , but when i tried them on demo the spreads was disappointing , and 6$/lot for that type of spreads are high for sure. ScamBroker.com is a broker reviews website, and does not offer any investing advice or service. Nothing on this website should be considered a recommendation or endorsement. We are not responsible for any losses you may incur, by investing with a company mentioned on this website. We may receive compensation from the companies we write about. Always verify that your broker, is licensed by your local financial regulator.
Fact is those complaining about this broker don’t know how to trade
Unlike most other forex brokers, Eagle FX requires you to contact their support team in order to obtain this information. LimeFX does not yet have its own trading platform and relies on the well-known Meta Trader 4 platform. You will need to download your desired trading platform once you have registered with the forex broker. After more than two years, LimeFX has expanded to provide individual retail investor accounts with Forex trading, CFD trading, and cryptocurrency trading. You’ll learn whether forex trading is the right type of business for you. However, choosing the best online brokerage firm is one of the most challenging tasks, whether you are a novice, intermediate, or advanced trader trying to automate your trading.
We gently encourage you to research ways to prevent fraud and scams, should you wish to partake in online trading again. 10 months ago there broker contact me and give me information about it. He gives me couple of refree too.I spent money with them. Then they text me you have a huge profit just spent 6k more before withdraw this is last payment, I did it.
Their expert team will know if there is a way to assist you. You will receive a message on your email address about your log-in credentials. Save those details, and you would need it to enter your account.
The Administration is not responsible for user actions related to LimeFX risks. However, it brags about STP technology for bringing client transactions to the interbank market. Forex Awards is an event where intermediaries leading the financial market are recognized. For example, LimeFX claims to be the best ECN/STP broker in 2020. In general, for each invitee , the user can receive from $4 to $0.05 for each lot opened by the referral.
Withdrawals, like deposits, are completely free of charge. Eagle FX is also one of the few online brokerages that guarantee that withdrawn balances will be credited to your account within the same day. The online broker offers three basic withdrawal options. You can choose to have your withdrawals done in bitcoins, PayPal dollars via Coinbase, https://limefx.biz/ or to your prepaid MasterCard. The advantage of trading with variable live spreads is that traders can benefit from relatively low spreads when the market is generally calm. All deposited funds are held in the “Vault” section of the online brokerage and will only be transferred to the trading section when you enter a trade position.
How Do I Withdraw From LimeFX?
We get a lot of threats from fraudulent brokers who don’t want us to tell the truth. It uses a license from a regulated company or gives a license number that isn’t valid. Also pay attention to licenses that come from offshore countries such as the Marshall Islands or Saint Vincent and The Grenadines but isn’t just these fraudulent countries, there are several. Brokers must have regulations for each country where they want to offer trading.
To begin, Eagle FX does not place a time limit on the use of the demo account. For example, LimeFX promises its cryptocurrency traders that their assets are kept in cold storage. Only limited amounts of these coins, intended to assist quick withdrawals, are kept on the broker’s servers.
What are LimeFX’s methods of deposit and withdrawal?
Live spreads are liable to change and begin at 0.1 pips. 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.
Are you Satisfied with what They Offer?
The minimum trade size is 0.01 lots, and the maximum is 1,000 lots. On top of that, once you click and provide them with your e-mail and contact number they will ring you immediately and promise you anything to make you deposit money with them as fast as possible. Most of the scammers are experienced manipulators and before you know it they’d ask for your bank card numbers to assist you with the deposit.
Types of Scams
In contrast, regulated firms are required by law to adhere to a slew of regulations that ensure the safety of client’s funds. There are a lot of lies, for example, about the cold storage of bitcoin – but where is the info that they accept cryptocurrency? I click on the methods of deposit and withdrawal, and I just scammed by limefx get some guides on the trading terminal. They also have fairy tales about STP technology, because hardly anyone will give access to the interbank market to some petty swindler in the forex industry. TradingBeasts helps individual traders learn how to trade forex, cryptocurrencies and other assets as CFDs.
This review will go over LimeFX to see if it really is the best forex trading software out there. We reviewed LimeFX, one of the fastest-growing names in the online brokerage sector, to assist you in choosing the best broker. Many people comment that LimeFX does not have any tutorials on the site.
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