forex-trading

is LimeFx legit & reliable for trading? LimeFx Reviews 2023

Very high efficiency, fast executions and vast trading tools. Once you get used to this one, you don’t look for a change. Some customers consider installing trading software a little inefficient. Traders can trade on MT4 WebTrader without downloading extra software.

  • Furthermore, the mobile application makes it easy to reach the market within a few clicks.
  • If a financial firm is authorised by us, it gives you greater protection if things go wrong.
  • The question of which forex broker to use is one of the most challenging for traders.

LimeFx has become one of the most versatile brokerages out there and I am happy with how my broker is developing. Hello Carlos,We’re delighted to have you onboard and to hear that our platform keeps you engaged and satisfied! 🚀🌟 We’re committed to maintaining a stable and high-quality https://limefx.biz/ service. Whether you prefer manual trading or using our TradeCopier, we’re here to support your success. Scams Report has a committed team of experts from different fields. The combined team has years of experience and expertise dealing with fraud/scam broking companies.

LimeFx Deposit and Withdrawal Policies

A regulated broker can provide you with security, proper education about trading, and stable trading conditions without a doubt. The average spread improves as you move from the standard to the privilege account. Scammers use such tactics to get investors to pay the highest minimum for access to better trading conditions and features. Nothing stops LimeFx from getting away with fraudulent activities while operating under the guise of an offshore license.

To get started, all they just need is a trading account and a good understanding of the markets. For some experienced traders that are looking for copy trading, social trading and EAs this is not a good choice. LimeFx is mysterious about the initial deposit required across the account levels, which is uncommon among regulated brokers. There is also no difference between account types except for the average spreads. It claims to provide good trading conditions, and you can choose from different trading accounts with fixed and floating spreads.

This is a red flag, for LimeFx broker can be possible scam. Your investments may not be secured if you are trading with this broker. The minimum deposit requirement for investing with LimeFx may vary according to the trading conditions and account types. Meanwhile top-tier brokers maintain technology advancing constantly to streamline all account activity securely through intuitive portals. Regulated names invest heavily in cybersecurity too to safeguard client data and monies with redundancy.

A Short Guide on Futures Markets

Hello JORI,We’re thrilled to receive your shout-out for our education section! 📚🎙️ We’re committed to providing valuable resources for free, and we’re delighted to hear you appreciate the unique addition of podcasts. We understand that learning should be accessible and adaptable to different preferences. Keep enjoying our educational offerings, and we’re here to support your trading journey! Many investors feel that it is impossible to get their money back from these fraud/scam brokers. Many victims feel they are alone, be assured you are not alone; the scam broker has scammed many innocent investors and disappeared into thin air.

Additionally, you can start live chat in case of any questions regarding the account opening process. If you are a WordPress user with administrative privileges on this site, please enter your email address in the box below and click “Send”. You will then receive an email that helps you regain access. Even though this broker is FSA-regulated, their T&Cs are questionable. What’s wrong with this broker is that there is a warning issued against them by CNMV (Spain).

LimeFx Review 2022: A Must Read Before You Trade

In this case the domain [domain] is using a well known and respected registar. When searching for brokers to conduct your trading activities with, the first and most important step should always be to learn about their certification(s). limefx forex brokers reviews This will tell you whether they are regulated by a central authority or if LimeFx is an offshore and/or unregulated entity. Promotional materials tout various educational assets through LimeFx aiming to build trader knowledge.

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You also won’t be protected by the Financial Services Compensation Scheme (FSCS) if things go wrong. This means it’s unlikely you’d get your money back if the firm goes out of business. If you deal with this firm, you won’t have access to the Financial Ombudsman Service if you have a complaint. LimeFx, with registered address of F20, 1st Floor, Eden Plaza, Eden Island, Seychelles, is a trade name of Tradeco Limited.

Withdrawal came too late (High risk of fraude)

Continue reading for what you should know about travel scams and learn how to avoid them. On October 18–19, 2023, the 4th Global Anti-Scam Summit (GASS) will take place. This year, we focus on further defining these solutions and showcasing the best practices from around the globe. By putting together a compelling chargeback strategy from beginning to end, victims of online fraud have a relatively high probability of recovering some of all of their funds lost. All information on 55brokers.com is only published for general information purposes.

Does LimeFx Offer a Demo Account?

Hello François, We’re thrilled that LimeFx aligns perfectly with your trading style! 🌟🚀 We understand the importance of tailored features, like higher leverage and no trading commissions, to make your strategy as lucrative as possible. Assessing the safety of LimeFx requires careful consideration. In terms of communication, LimeFx offers email support, live chat, and a contact form. However, it is worth mentioning that the broker does not have a physical office. Only a legal address is provided, which may limit the ability to engage in direct face-to-face interactions or visit a physical location for assistance or resolution of issues.

The more you demonstrate that you value your clients, the more likely it is that they will return and refer others to you. In light of this, LimeFx provides excellent customer service to its clients and makes this one of its top priorities. Customers can contact customer service representatives by phone, email, etc. To assist consumers quickly, there is also a FAQ section that includes simple answers to complex questions. 🌟💼 Whether you’re a CFD trader or a follower, we’re here to support your trading journey. Thanks for choosing LimeFx for your trading adventures!

In addition, the brokerage platform also offers trading on various asset classes, including, Forex, Cryptocurrencies, CFD trading on Commodities, Stocks, and Indices. Choosing a good and reliable forex broker is one of the toughest decisions you’ll ever make as a trader. With so many online forex brokers, it can be challenging to find the best one.

They can automatically renew the registration each year. We consider it a positive sign if a domain name is registered for more than one year in the future. It means that the company intends to do business for a long time. We increased the Trust Score of go.LimeFx.com as a result. Here are some of the possible reasons why we have flagged  this broker as a scam broker in this LimeFx review.