Is LimeFX Regulated?

LimeFX has a worthy experience in conducting direct negotiations. Test customer service when you are investigating a broker, but keep in mind that LimeFXn scam brokers can seem friendly and helpful at first and can show their true colors later on. This factor, howLimeFXr, requires close attention because it is often the area where people can be taken in by broker scams.

scammed by LimeFX

If you are having problems logging in or if your broker’s site has been inaccessible for a period of time, consult with our experts and we can provide guidance about the best course of action. Make sure to check if the LimeFX platform is legitimate and does not have bad reviews. If the platform has bad reviews, this is a definite red flag that the LimeFX platform may have a general trend of allowing scam brokers.

Local Bank Transfers – Deposits are instant, and only bank charges apply. New traders will have to click on the “Registration” button at the top of the page where they will be directed to fill in their name, email address, and telephone number. A PIN confirmation will be sent to the registered email address.

The official price of TRADER will be fixed taking as reference the weighted maximum price of a conglomerate of trading platforms. The above information is not enough to start trading with LimeFX. He can inflict huge losses on his clients and therefore, in our opinion, is a potential scammer. This is to prLimeFXnt them from wanting to withdraw their money if they are scammers. LimeFX is a widely used offshore broker that’s actually located in Grenadines and St. Vincent. Since this company was established in 2006, this broker has gained incredible trust in more than 200k traders.

LimeFX Bonuses, Contests And Promotions

LimeFX has virtually no market analysis materials, except for a basic Economic Calendar. Connect to the system by entering the account number and trading password in the Settings section of the ZuluTrade personal area. Open a Zulutrade Account and make a deposit of at least 200 USD. Proof of Identification trading platform – LimeFX accepts all government-issued identification documents such as Passport, national ID card, driving license, or other government-issued ID. Additionally, while no inactivity fees are charged, an account with no activity for one month, with an account balance of less than 1 USD will be archived.

Use the coupon or offers you find on Pilot Trading to have a great online shopping experience. Make the purchase benefiting from the discounts now available on BlackBull Markets. Then copy the code and paste it before the end of your online purchase in the given text field of the onlineshops. If the button displays “show offer” instead of “show coupon”, then you just have to click on it, and you will be redirected to the website of the onlineshop which offers the discount.

scammed by LimeFX

This broker review will give you our expert opinion about LimeFX. Not only do we inform visitors of whether a broker is a fraud or not but we outline the pros and cons of trading with them. Use this review to guide your trading decisions and do your own due diligence on LimeFX as well. One reason not to trust an unregulated broker is there is no reason not to have a license. Third and fourth-tier off-shore regulators have very lax standards and do not demand much capitalization from licensees. Simply put, LimeFXn a mediocre broker can get a license from somewhere, so not having any license is a bad sign.

These platforms make the trading experience very simple and fun due to their many features. The trading platforms are the Meta Trader 4 and the Meta trader 5. It has managed to diversify in its operations and this can be seen in the bold move the company took in the integration of crypto accounts. This was in a bid to take advantage of the LimeFXr-growing cryptocurrency sector.

Review LimeFX December 2021 ++ Scam Or Not?

Withdrawals must be made to the same account or method that the funds originated. The trading costs on the Micro and Premium accounts are 15 USD, which are higher than the costs on other brokers’ entry-lLimeFXl accounts. The Zulutrade account also charges a spread mark-up and trading commission, rendering it an expensive option. A coupon code from is a alphanumeric code that you used to get the discount on your order. These Coupon Codes are also called coupon code, promotional code, discount code, promo code or coupon. Webshops from around the world use these types of codes to give discount to their customers on certain products or orders.

  • LimeFX hides most of the trading conditions and raises suspicions.
  • If there is transparency about fees, spreads, and commissions, you may notice they are high compared to the industry standard.
  • The seller asks to be paid via international money orders, checks, direct bank wires or cryptocurrency and will not accept any other form of secure payment.

An Economic Calendar offers market LimeFXnt details, forecasts, history, and other helpful market information. Customer support can be requested via live chat, email, telephone, or a direct message on the company’s website. It covers customers in Indonesia, Cambodia, Thailand, Vietnam, Mexico, Laos, Peru, Colombia, Argentina, China, and sLimeFXral others. These platforms are highly customizable, user-friendly as well as available on desktop and multiple iOS and Android devices. Ultimately, deciding which lLimeFXrage lLimeFXl to choose depends on the individual trading strategy and the actual vision of upcoming market moves. Not all brokers participate in awards, and therefore this aspect should be taken into consideration with the overall broker offering.

You can send funds from one broker to another, without using your bank account and without waiting more than a week between receiving from one broker and sending another. Trader Defense Advisory initial consultations are free in nature. Services contracted by interested parties may be subject to various fees depending on the case. Trader Defense Advisory does not offer to individuals’ investment offers or advice. I have 2-year experience in the field of Search Engine Optimization services, on-page, off-page SMO services.

LimeFX Swaps All Swaps LimeFX

LimeFX allows trading the most currency pairs that are represented on the market. The most popular of them include EUR/USD, GBP/USD, AUD/USD, USD/JPY, NZD/USD pairs and others. EToken Pass device, which allows you to further secure funds by generating one-time passwords. The cost of the service varies depending on the status in the club. LimeFX Club with an expanded service package for the company’s customers.

scammed by LimeFX

The latest LimeFX review suggests that the company operates illegally and without a proper financial regulatory license. There are a lot of brokers out there operating under fake company names or that have other fraudulent operations. A little bit of preliminary research can go a long way in protecting you and your finances. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Opinions, market data, and recommendations are subject to change at any time.

If LimeFX asks for fees for withdrawals, deposit, and leaving an account inactive, check that these fees are in line with the industry. If LimeFX asks for a withdrawal tax, this is a sure sign of fraud. When brokers disappear, they usually provide warning signs ahead of time. They will make extravagant claims and promise huge returns to attract traders. It is important to know what is considered reasonable in the industry to recognize inflated promises.

Broker By Country

When a broker has your money, he can do whatLimeFXr he wants, as long as it is not regulated. Spinner Deposit Bonus – LimeFXHere’s an exciting way to add more funds into your trading account! LimeFX’s SPINNER deposit bonus lets you spin a wheel to determine ho … The pro account just as the name indicates is an account type for professional traders who are willing to stake more in the execution of trades.

In all probability, there have been other users who have already used the same service, and have expressed their opinions and feedback online on various forums. While LimeFX is registered by the laws of St Vincent and limefx scam Grenadines, it lacks support from a renowned regulatory body such as the ASIC, FCA, or CySEC. LimeFX is an internationally respected broker that aims to provide exceptional customer communication and relations.

I have a feeling they have been scamming people all over the internet. If you have experienced the following with LimeFX , it’s more than likely that you have been tricked or are involved in a scam. We therefore advise that you report a scam and file a chargeback against LimeFX as the first step to recover your funds. Spreads are pretty terrible, some being 4-5 times more than other brokers. The seller asks to be paid via international money orders, checks, direct bank wires or cryptocurrency and will not accept any other form of secure payment.

LimeFX Fees: Hidden And Predatory

LimeFX has a minimal selection of educational materials and offers virtually no market analysis. Still, it offers unlimited demo accounts, and customer service support is available 24/7 for all client-related and technical queries. As you can see from the table above, the trading costs on the Pro account are lower than those of the other account types and lower than those of other brokers. Most other brokers have a trading cost of 9 USD per lot of EUR/USD traded.

Traders who plan on signing up with LimeFX should note that it is an unregulated offshore broker. By this, we mean that it is unregulated by more reputable institutions. While LimeFX is registered in Saint Vincent and Grenadines, where it is regulated by the law, trusting an unregulated broker is definitely a risk. It is further regulated by the Belize Int’l Finance Services Commission or IFSC. Regulated online brokers strictly comply with specific criteria and fulfill requirements to obtain a license to ensure user security and company integrity.

LimeFX does not offer any written educational materials; howLimeFXr, beginner traders can benefit from its seminars and webinars. LimeFX’s financial instruments are sLimeFXrely limited compared to other brokers. LimeFX’s platform support is average compared to other Financial regulation similar brokers. LimeFX has a diverse range of active deals and promotions, including prize draws for cash rewards, MT5 100% on-deposit bonuses, demo contests, spinners, and puzzle games. Always check a promotion’s terms and conditions before participating.

Before traders decide to invest in this broker, it is recommended that they review this broker carefully and weigh the advantages against those of other well-regulated brokers. A trading platform is in essence the software supported by a particular broker in order to execute trades on the Forex market. Deciding on the right platform is also an important aspect of selecting a suitable broker. LimeFX offers both fixed and variable spreads, as well as little to no commission charges, depending on the type of account and instrument.

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