LimeFX Review FULL Is LimeFX a scam?️
They are aggressive in the use of your available margin forcing you to add more money or lose what you have due to margin calls. Eventually you will not be able to add any more deposits and lose everything you have invested. They are basically con artist operating within the boundaries of regulation. limefx courses scam Being a part of our team of traders, you’ll be able to trade in over 160 assets and some of the most honest and competitive spreads in the markets. Technical and fundamental trading tools, educational eBooks and video tutorials will be available to help you with your trading strategies, for free.
He forced me to deposit in a platform called WALDEXPRO. We are sorry to see a 1-star review, and we apologise for your negative experience at LimeFX. If you’re open to discussing your experience further, please email us at -int.com. Please contact us at -int.com to discuss this further. The broker has several entities and many bad reviews related to withdrawal issues. Uncovered two other brokers from the same company, NicoFX and GreatSky, have almost identical offerings.
LimeFX Fees, Commissions, Spreads
However, this is not the only site with customer complaints; other platforms have similar negative reviews. The parent company, OM BRIDGE Ltd, is not authorized to provide services to clients within the USA, Canada, Turkey, Australia, and Israel. Scammers have become so sophisticated that even veteran traders fall into the trap. Therefore, to determine the legitimacy of LimeFX, we will examine all the company’s operations and services. And whether any reputable financial authority regulates it. I got a personal accaunt manager that helped me a lot !
Thank you to Maksim account manager for getting me back on track. I never check out first the reviews of LimeFX,,sadly my mistake.. We understand your frustration and we apologise for not being able to assist you right away.
Furthermore, it might take up to 10 working days for your funds to process back through the banks to your card. Under normal circumstances, Credit/Debit Card withdrawals, once processed by the Company, take 5-7 working days approx. In this LimeFX Review, we are going to take a look at the offer that this broker prepared for its traders.
- Under the company OM BRIDGE LTD, LimeFX does not offer its services to some EU member states.
- Please verify whether the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business.
- They are geared at enticing to deposit more hence loose more funds.
LimeFX is a firm that deals in over 160 CFD assets. The company claims to offer the lowest spreads in the industry and the best trading platforms. The higher the tier regulator, the more accountability the broker has and the easier it will be to handle broker complaints. The regulator is like quality control for brokers and without oversight, a broker can get away with dodgy practices. The support I have received and guidance I have gotten has definitely warranted a 5 star rating.
Do all LimeFX’s accounts offer the same spreads?
Here at LimeFX, we provide you with access to an education centre, risk-management tools and a customer support team. An account manager will reach out no later than the eighth day of a withdrawal request to confirm it, which is when traders report requests for more deposits or refusal to honor it. We have done a thorough investigation of LimeFX-Int.Com and want to share our findings with you.
Keep in mind that some types of trading, such as CFDs may be restricted in certain countries. However, if fees are the main way the broker is making money, that is often, but not always, a negative sign. For instance, many scam brokers will charge hefty withdrawal fees that don’t just cover service charges. Inactivity fees are normal, but if they are close to $100 for just a month or six weeks without trading, that is often suspect. Our experts can’t emphasize enough that the most important factor when deciding whether to use any broker is licensing.
LimeFX Review 2020: Broker Does Little to Set Themselves Apart
While both entities are regulated, it still presents confusion on which address and location is the right one. Most scammers will either have a location that doesn’t exist or provide no location at all. But with LimeFX, they go a step further and provide two separate addresses for two entities. LimeFX International, under OM BRIDGE LTD, is regulated by the FSCA under license number 48296.
- We conclude that LimeFX is a leading trading brand, relying on a solid reputation.
- The EU subsidiary, which has a white label solution many Cyprus-based brokers use, also has a web-based trading platform.
- We can help you get your cash back.Trader Protection has professionals with years of experience in helping traders scammed by illegitimate trading platforms.
- This may impact how, where and which companies / services we review and write about.
- The source of this information is the website and the broker’s trading platform listed in the Web section of this review.
- And have been receiving call to deposit another 250USD for my withdrawal.
CFD brokers are not authorized to give you investing advice. LimeFX reserves the right to levy a $10 internal withdrawal fee plus third-party costs. Traders can evaluate copy trading features embedded in MT4. The Market https://limefx.group/ Summary and the Live Market Summary sections allow traders to take positions from the screen. LimeFX deploys practices intended to drain account balances rather than maintain a competitive trading environment.
LimeFX Account Types
Some brokers offer only their proprietary platform but look closely if this is the case. To make a withdrawal, traders have to verify their accounts. LimeFX has an account manager onboard every new account. This sounds great, but many users report the experience as being unpleasant. They say that these managers aggressively push them to increase their deposits. Clients can contact the broker through phone, email, or live chat on their website.
They are cheaters and they should not be allowed to get away from this. Please join me in my attempt to file a petition against them for cheating and manipulating people like us and robbing us of our hard earned money. We can help you get your cash back.Trader Protection has professionals with years of experience in helping traders scammed by illegitimate trading platforms.
Secondly, at LimeFX, traders will benefit from the popular MT4, still one of the most reliable trading software even after 15 years of existence. Trading forex with the LimeFX MT4 is strongly trending thanks to all the features provided and included. The second crucial category for inspecting a broker are fees, commissions, and spreads. Always ask yourself, “How is this broker making money? ” and that can guide you towards figuring out whether a broker is legitimate or a scam.
Furthermore, to avoid delays in receiving your funds please ensure that all your documentation is correct, up to date, and confirmed before you submit your withdrawal request . It might take up to 10 working days for your funds to process back through the banks to your card. Under normal circumstances, Credit/Debit Card withdrawals, once processed by the Company, take 5-7 working days approximately to be credited to your account.
We are truly sorry to see that your experience with us was less than great. If you wish to withdraw the remainder of your capital you are able to do that online once you log in to our website. If you require any assistance with this you can always speak with the support team via live chat. I lost all my profit and my account itself in less than a week. My account manager is not approachable and has a poor patience in assisting me, especially with my internet connection is unstable which he cannot understand my situation.
The company has packaged its products properly to entice traders. Therefore, LimeFX could be using this as a diversion to scam its clients. On top of this, there’s no clarity on the ownership of the company. While it claims that it’s owned by a Cyprus-based firm in the EU, it also has an international base in South Africa. A request to settle a debt, taxes or other amount owing and to send money via courier, prepaid bank card or gift card. The bottom line is that we did not find any reason to believe LimeFX might be a suspicious broker, only the contrary.