LimeFx scam: Is LimeFx A Safe Broker?
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According to the T&C, processing the request takes one business day. However, we were the most shocked by the clause in the Costs&Charges Policy. According to it, the company has the right to charge a $150 investigation fee if a customer requests a chargeback.
Generally, as per the question is LimeFx regulated, we can say yes. Read our honest LimeFx review and find out everything before you give your money away. Checking the domain showed that it was created back in 2005. However, we do not believe in such a long period of the broker’s existence. LimeFx started posting content there only in 2021. To add to that, we strongly advise you to avoid brokers like Global-solution, LBLV, and Stockskey.
When we started to check the broker’s services in more detail, it turned out that ‘new kind’ and ‘new generation’ are just empty words. LimeFx is a typical CFD broker with the most typical trading conditions in the world. However, it is not so easy to get into the LimeFx Client Portal. The thing is that the broker does not provide services to traders from some European countries. Therefore, registration from such IP addresses is not allowed. If you lose money due to problems with your broker, please contact our chargeback specialists.
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LimeFx provides customer support 24/5 in several languages via live chat, email, and telephone. The data contained in this website may not be real-time and accurate. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. To sum up, funds should be available within 1-3 business days, and the company charges 10 units commission for the minimum withdrawal of 50 units. LimeFx broker looks completely legit, with a solid website and a decent minimum deposit requirement. However, once you go into more profound research, things are to be said about this company.
Some brokers align with this sentiment and offer services that appeal to ESG investors. However, it would help if you did proper research to find a broker who upholds its promises. The broker offers standard CFD trading on MT4 and MT5 platforms. The next thing that is definitely worth discussing is the LimeFx license.
A large number of payment systems are available for withdrawal. They withdraw money easily, without unnecessary questions, regardless of the size of the amount requested. Long story short, LimeFx is both a regulated and an offshore broker. The main company was registered in Cyprus in 2016 and holds a CySEC license. It means that EU clients are entitled to ICF – compensation fund covering up to 20,000 EUR if a company goes bankrupt or any other issue arises.
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LimeFx has an overall trust score of 66 out of 99. LimeFx may not be the best option on the broker’s market but the platform deserves your attention. I`m in trading since 2021 and know a thing or two about the process. It provides all the necessary tools for you to achieve the desired results. LimeFx advertises spreads starting from 1 pip on majors.
LimeFx Broker – Countries Of Service
You can deposit money into the account using a credit card, bank transfer, or e-wallet. Commissions are not charged unless they are provided by the payment system itself. Processing of withdrawal requests usually takes one business day. LimeFx provides further free educational resources in the form of webinars. Webinars are scheduled upfront, and existing customers can register to attend. The webinars include technical analysis, price action analysis, stock market trading, and valuable trading tutorials.
MT5 is compatible with AI-based trading tools and up to 44 graphical objects. Transactions in this market are always between a pair of two different currencies, so forex traders either buy or sell the particular pair they want to trade. limefx Forex brokers may also be referred to as retail forex brokers, or currency trading brokers. LimeFx has a consumer rating of 4.63 stars from 32 reviews indicating that most customers are generally satisfied with their purchases.
- The company’s offshore license covers all other countries.
- I`m in trading since 2021 and know a thing or two about the process.
- Newbie traders will want to find a broker which offers enough research and training tools in order to acquire the necessary skills to make profitable trades.
- We focus on providing a cutting-edge trading environment whose cornerstone is lightning-fast execution.
- Decent customer support should also mean queries are handled quickly and properly resolved.
LimeFx is the optimal broker for me, execution of orders without any problems. You can use any strategies and advisors, there are no restrictions. Apart from this unpleasant suprise, I’ve been doing great with LimeFx so far. I mean there were no issues with the broker or signs of scam. I trade long-term so I guess the opinion of a scalper may differ from mine.
What Are Traders Saying About LimeFx?
The technical storage or access that is used exclusively for anonymous statistical purposes. I even have an old friend who has been working with them for a long time. Despite the fact that it has a license from the FSA, this document can only be a guarantee for citizens of this offshore state. First, of course, offshore registration alerted us. Brokers are registered in Seychelles and other islands due to the lowered level of control over their work. It is unclear only why LimeFx does not consider himself to be such.
Many Forex brokers offer various bonuses as an incentive for new traders to sign up with them. Usually, the Forex bonuses are an exclusive or seasonal special offer. In general, Forex bonus types are also known by the name of a promotion. LimeFx offers trading on MetaTrader4 and MetaTrader5, which is an excellent choice of trading platforms. You hired the right people for your customer support team, such a very helpful and positive team guiding me from opening my trading account, depositing, and answering all my questions. Thank you and of course, I do recommend opening a trading account with LimeFx.
A good reliable LimeFx broker
It https://jazzychickbeauty.com/flagyl-generisk-information/ goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation. We use dedicated people and clever technology to safeguard our platform.
The platform provides a number of custom indicators and other tools which make it the platform of choice for beginner and advanced traders alike. Ultimately, deciding which leverage level to choose depends on the individual trading strategy and the actual vision of upcoming market moves. To this end, quick traders will usually use high leverage to make a fast profit, while positional traders prefer a low leverage level. Overall, LimeFx can be summarized as a credible and trustworthy broker and is considered low-risk with competitive trading feesandspreads.
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Provided by LimeFx, and each has its own set of features and benefits. When you sign up with LimeFx, you can choose which account is suitable limefx broker reviews for you based on your requirements and funds. LimeFx minimum deposit is 100 EUR or USD, depending on the entity you belong to.
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This is a method for your bank to recover funds from the merchant directly. Schedule your free consultation today, and our experts will gladly assist you with the chargeback procedure. Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions. ICC Intercertus Capital Limited is authorized and regulated by the Financial Services Authority Seychelles , with license number SD036. As noted before, LimeFx came under some scrutiny for its lack of adequate regulatory status under the Cayman Islands Monetary Authority , which is not a well-recognized regulatory body. LimeFx operates both in the Cayman Islands and out of Cyprus, and so the leverage level offered will differ depending on the regional jurisdiction.
This is a bit concerning, knowing that offshore jurisdiction has loose regulators belonging to the Tier3 zone. Therefore, we have done a detailed LimeFx review to inform you what you can expect. The website you are about to enter is operated by Trinota https://limefx.name/ Markets Limited, a company regulated by the Financial Services Authority of Seychelles with license number SD035. Please note that EU residents will not be able to register and open an account but feel free to navigate to M4Markets Seychelles anyway.
