LimeFX review ++ Scam or not? Real broker test

It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation. Companies can ask for reviews via automatic invitations. I have been following the free signals from LimeFX since april and I have been able to withdraw my initial LimeFX and continue trading with the profit I have earned.

Otherwise, the high spreads and commissions make LimeFX an expensive broker for scalpers and short-term traders. Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database. The minimum deposit for a LimeFX account is $500, while there is a maximum deposit of $10,000 with credit/debit cards.

Apparently that trader was fined 100k USD however I have no proof. European MiFID directive that also enables LimeFX to offer its service within the EEA zone and beyond. The stated objective of MiFID is to participate in building a more integrated, deeper, and more effective generating growth capital market while strengthening the protection of investors. However, this type of regulation does not let LimeFX offer its services where the broker is NOT regulated.

Besides the initial deposit, accounts differ in access to different trading assets and the provided education. This company has so many educational tools to choose from. Whether you’re just starting out as a trader or you’re a well-seasoned professional, LimeFX has additional knowledge that can prove to be helpful to you.

We are currently building your Post Affiliate Pro dashboard…

The task of our team is to help, educate and suggest strategies. We will continue to provide only the highest level of service. We hope that after you have created a Live Account, you will enjoy working with us and be able to use our full benefits of services. It’s always a pleasure for us when we read such great reviews. Legacy fx is so amazing, is like a miracle from the Lord. I can’t believe finally I got a breakthrough for me and my family after 10 years of suffering.

  • Our team strives to make sure that our clients are always satisfied and feel at ease while working with us.
  • They also appreciate hearing how they can improve the support available to traders.
  • The account holder is responsible for the trades placed in his/her own trading account, which is listed in our Terms and Conditions which you agreed to.
  • They also provide market analysis and the latest market news.
  • It might take a while for your funds to reflect on your account.

While WebTrader is easier to use, it has fewer features than an MT5 app. The Financial and Consumer Affairs Authority of Saskatchewan issued an official warning against the offshore entity of LimeFX and its owner, An All New LimeFXs Ltd. While we agree that the CySEC-regulated entity is entirely legitimate, we question the limefx broker reviews issue of the offshore brand. We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site.

Is LimeFX Deposit Bonus Available?

Develop your own signals, be consistent and risk max 2% per trade. Long story short – if the traders at legacy were any good at what they do they wouldn’t be chasing after guys with account less than 10k. They would be on a beach, retired and sipping margaritas. Note that when you lose on a trade, the broker gets the money. Their Spreads wider than the grand canyon (1 lot on WTI will cost 100 GBP. This means the trade must move in your direction, be it buy or sell buy 100 GBP before you make a profit).

There’s a scam warning against Oliver and the rest of this company online by RECO UPCART. I had a bad experience here that almost cost me $70,000. We discovered that the domain of this website has been registered several years ago. Scammers nowadays also buy old and existing websites to start their malpractice. Checking a website for other scam signals remains essential.

He called everyday and asked for more capital as apparently my account wasn’t worth his time. At the end he pushed me into a trade with no stop loss. My capital was gone in 8 days just bc it was waste of time for him.

MetaTrader5 platform, which provides a comprehensive trading feature and vast solutions. Int.LimeFX.com has a very low trust score according to our algorithm. The website has a strong indicator of being a scam but might be safe to use. We recommend you check the website using our check list or by contacting the company directly. Despite being a relative newcomer on the online forex broking scene, LimeFX has comparable services to many well-regarded brokers that have been around much longer. ScamRecovery.net offers no financial services or advice.

Claim your listing for free to respond to reviews, update your profile and manage your listing. LimeFX has a consumer rating of 2.88 stars from 4 reviews indicating that most customers are generally dissatisfied with their purchases. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in the use of our website. Very acressive and manipulated telephone calls, they always want more money in. It appears to be one of the industry’s most promising brokers, established itself as a leader in the retail sector in recent years.

  • The platform is available as a desktop client, lightweight mobile version, and mobile app.
  • Typically processes and confirms withdrawal within 3 business days.
  • The first step to protecting yourself from fraudulent parties online is to do thorough due diligence on the companies and entities that you are planning to send the funds to.
  • Instead, the firm provides the successor platform, MT5.
  • Is designed to monitor and optimize your entire trading process by offering broad functionality.

LimeFX demo accounts allow clients to try out the broker’s services, and platforms and to practice trading strategies risk-free by using virtual funds. LimeFX forex deposit options You can use one of the EFTpay, MyFatoorah, Mastercard, Visa, Skrill, Wire Transfer, Neteller, Bank Direct, Interac, and Load methods to fund your LimeFX account. You can see the supported currencies, minimum deposit amounts, and transaction times on the LimeFX forex platform’s page for deposits and withdrawals. You can open a LimeFX forex demo account on Webtrader or on the trading platform you have downloaded to your computer. When you open the platform, you will be asked to log in. At this stage, you must select the demo option and enter the information requested from you in the window that opens.

LimeFX Forex Trading Account Opening

It seems that this one provides illegal financial services worldwide. Read our in-depth LimeFX broker review and find it all out. With the amount of experience they have in the trading scene, this broker will surely provide the services that most traders need.

Its funny how they link themselves to such huge companies. But I can assure you the bad reviews are not based on nothing. Those guys know how to manipulate facts to get you into wrong trades and/or maybe they are just guessing. Additional features offered are signal service, AutoChartist plugin for MT5, market analysis, and news and trading opportunities.

Customer support is available Monday through Friday between 0800 and 2400 (GMT+3). LimeFX provides its registered office address in Vanuatu, an official phone number in Switzerland, a messenger with a UK landline, e-mail addresses, a web form, and live chat. An FAQ section answers some questions, and I recommend live chat or phone support as the most convenient contact method if traders require assistance. I did not find a time restriction on the LimeFX demo account, available directly from the MT5 trading terminal. The customization options were disabled on the demo account, which was a bit disappointing.

  • I am in the process of contacting the Cyprus FCA, and financial ombudsman of Cyprus, to look into my case, and hopefully stop these people from trading, and scamming anyone else.
  • It worked well for a month – and slowly I began to develop trust with the senior trader.
  • The website has a strong indicator of being a scam but might be safe to use.
  • Thank you so much for taking the time to share your experience with us.
  • Their real business is Not making Trader money but make money on Deposits of people.
  • They promote unsafe trading practices such as giving incentives to trade based on traded lots.

You can withdraw your earnings the same way you fund your account. There are no restrictions when it comes to withdrawing, except if you choose to cash out via wire transfer. The minimum withdrawal should be no less than 150 USD.

LimeFX Review

Payouts are one of the most important factors to consider when choosing an affiliate program. The LimeFX affiliate program offers multi-tier commissions, which means affiliates can earn commissions on both sales they generate as well as sales generated by referrals. Moreover, the affiliate program offers a fixed commission structure, with a minimum payout of $100. If you want to know more details about LimeFX payouts, such as what payout methods they accept, please check out the specific information below or follow up with LimeFX Affiliates contact.

In the event that your account incurs a negative balance, LimeFX will zero it out back to 0.00. The negative amount will continue to reflect on your account for a while. These are available on both https://limefx.club/ Windows and IOS desktops. If downloading the software isn’t ideal for you, MetaTrader 5also has a web platform. You can easily access this by going to their webpage and logging into your account.

LimeFX scam

We value our clients’ feedback very much, it helps us grow and develop as a broker. I’ve been following your signals before some days .,all his signals were on point and in profit. I wish I had money to fund my account,I would have made lots of money following his signals. Anyway he’s the best I would recommend him and legacy FX to anyone who’s willing to change their financial situation. Years of professional experience in the financial markets have positioned LimeFX as one of the industry’s most trusted and transparent brokers. They will recommend you certain trades, apparently with high potential.

Fractional pips allow you to trade smaller price movements. This could result in tighter spreads and more precise trades. Aside from this, LimeFX does not charge a commission for trading all asset classes except stocks. Instead, this company earns from the spread of the traded asset. When it comes to finding the right broker to partner with, you will have to go through the process of weighing their pros and cons. You will also need to find out if they’re trustworthy enough for you to invest your hard-earned money in them.

For the Silver trading account, the minimum deposit is $500, whereas the spread is 2.4 pips. On the other hand, the Gold account requires traders to make a minimum deposit of $5,000 with spreads at 1.5 pips. Similarly, the minimum deposit for a Platinum account is $25,000, and the fixed spreads begin from 0.8 pips. Apart from the above, traders of Islamic origin can create an Islamic account, and those new to trading can set up a demo account to practice trading before entering the live market. LimeFX has a somewhat high minimum deposit compared to other forex brokers at $500. Nevertheless, the broker offers some of the lowest dealer spreads in the business, starting at 0.5 pips.

After choosing the account type, you can start using your demo account by determining your virtual money amount. The downside to this particular broker is their deposit requirements. Compared to other companies, LimeFX’s minimum deposit for any of their accounts are very high, starting at $500 and reaching up to more than $50,000. For most individual traders, $500 is already too risky. Not only do they offer so many educational references for beginners, but they also have tools that even the most professional traders would find helpful.

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