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These account options may sound tempting, but trading on LimeFX is nothing more than a scam. LimeFX offers traders two bonuses and one promotion, which remains essential to its marketing strategy. The Trading Hero Contest takes place in live demo accounts and awards the 30 most profitable traders each month with the top prize, which is $400. The 100% deposit bonus is straightforward; LimeFX will double your deposit, up to five per account, with no limit. Those who understand the terms and conditions can boost their portfolio significantly with this offer.
Please contact our Customer support in order to resolve your question as soon as possible. There you will be able to acknowledge all common information regarding account types and settings of them. Kiran, please specify do you have already account with our company.
Advanced traders are adopting MetaTrader 5, the multi-award-winning Forex&CFD platform MetaTrader 5. Because it integrates with other exchanges, it has more features and better execution. With theClassicaccount, floating spreads are also possible. Company has a lot of positive reviews from traders from various regions. At LimeFX, the Share4you social trading method is a one-of-a-kind feature. It enables investors to monitor over a thousand Share4you Leaders or technique suppliers.
According to a statistic, this broker got 1,18,303 active accounts, 7,017,445 partner payouts, 2,77,573 client rebates, 2,78,932 most profitable trade in 2016. So, in a nutshell the trading profile of LimeFX is strong & trustworthy. Additionally, this broker also has separate active program for client’s fund protection.
I went to check their license at BIV before I could trade with them…
We do not recommend to trade with LimeFX since this broker has been suspected as a scam broker. Immediately withdraw your funds if you are currently trading with them. If you have witnessed any of the following then you probably have been victimized by a scam broker. It earns money by spread & a small commissions from every trade made by the traders. TheClassic Account, like the Cent Account, also offers instant execution. Except for the fixed spreads, which begin at 2 pip, the account features are nearly identical.
The online account opening process is straightforward and simple. The LimeFX trading school consists of 59 quality lessons. The broker maintains regulatory oversight of the Financial Services Commission of the British Virgin Islands . We truly believe that experience is what stays with us for a lifetime. Check out what we have been experiencing with our community. Gain access to more than 150 tradable instruments — Forex, Commodities, Indices and Stocks.
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LimeFX offers a special system that allows you to have better control over your risks in trading. By using it, you can limit your losses and be protected from risks that exceed your invested money. Bank transfers, credit/debit cards, Neteller, WebMoney, and Skrill are all accepted by the broker. The minimal input is between 1 to 10 US Dollars, and processing periods are described as instantaneous. Although the broker does not charge a fee for deposits, it does charge for withdrawals.
- Traders have the option of using either the Meta Trader 4 or the exclusive LimeFX trading platforms.
- Due to lack of information and unregulated LimeFX, funds are not safe.
- If you encounter the next one on LimeFX, you are likely to be scammed or involved in a scam.
- I talked to other traders, they had not received similar messages, neither there were any news about this on the site of the broker.
LimeFX is a company that deals in foreign exchange and allows its users to earn good amounts of profits by trading in different commodities. LimeFX is not a secure broker because it is registered offshore and does not hold a proper Forex broker license. Between 74-89% of retail investor accounts lose money when trading limefx broker reviews CFDs. You should consider whether you can afford to take the high risk of losing your money. We don’t recommend trading with them and if you are trading with LimeFX contact them immediately and try to get your fund out. If LimeFX has done the following, you have probably been a victim of aLimeFX scam broker.
Customer Support
But the next day I received a letter from the broker which said that all my transaction had been annulated. It was explained that the broker had had technical breakdowns at the moment and that was why my profit was illegal. I talked to other traders, they had not received similar messages, neither there were any news about this on the site of the broker. So the broker does not want clients who are capable of making profits. Trade any of five offered asset classes anywhere, anytime!
LimeFX is a regulated Forex broker, and account verification is mandatory. New traders can satisfy this requirement by submitting a copy of their ID and one proof of residency document not older than three months. Big Four accounting firm KPMG is the external auditor, and LimeFX provides annual updates about its performance and statistics. The Management Assertion Report with Independent Limited Assurance Report is available from the website as a downloadable PDF document.
- We do not present any LimeFX advice or guarantees for the accuracy and reliability of the information.
- The trading platform should be very simple and user-friendly to help users conduct daily transactions.
- TheClassic Account, like the Cent Account, also offers instant execution.
- So, in a nutshell the trading profile of LimeFX is strong & trustworthy.
- Many newcomers have suffered from this dubious organization.
- The trading platform provided by the broker should be easy to use and intuitive enough so that traders can quickly access their accounts and trade.
The majority of the platform’s earnings come from commissions and spreads. Although this broker renounces deposit costs, withdrawal charges determined by the payment gateway might occur. Following a year of inactivity, a monthly 10 USD inactivity charge is applied; most rivals impose an inactivity cost far quicker. The 50 percent payback plan, which is open to non-partner customers, makes the entire pricing scheme all the more attractive.
Furthermore, you can also work as their agent with a handsome income. The platform provides a competitive offering in the area of education. https://limefx.name/ Users have access to a comprehensive trade school that is divided into 4 divisions and contains 59 high-quality lectures.
LimeFX Trading Conditions
On 24th of June we have requested additional information such as account number/order number and MT4 logs in order to investigate your situation. Please specify order number, where Take Profit value was changed. Also, please submit your Expert Advisor’s and your MT4 terminal’s logs for this period. Necessary information you can send via your Trader Room or as a reply to letter which you have received before from our specialists. Unfortunately, due to technical reasons we did not receive the latest letters from you. On the current moment we have sent you an email regarding this case.
The overall educational value provided by LimeFX represents one of the most significant asset this broker offers to clients and sets it above the competition. The Financial Services Commission of the British Virgin Islands regulates E-Global Trade & Finance Group, Inc., the owner of LimeFX. It maintains a clean regulatory track record and also has an aggregate of $5,000,000 indemnity insurance with Willis Limited in the UK. With the flexible broker LimeFX I am trading in Forex market since 2 years. This is the only broker who don’t restrict any types of trading platform to use. And I am using their most popular mt4 trading platform which has almost all types of trading tools.
Terms of deposit and withdrawal of money with huge commissions. You can only trade using scripts or advisors that do not transfer stops and takes to the broker. Any changes to the settings / access restrictions, changing the minimum version of the terminal, all this passes without notifying users. And the fact that you have purchased indicators, advisors, which are sharpened for a certain version , LimeFX does not care.
LimeFX Options
You can deposit and withdrawal your funds through Neteller, Skrill, WebMoney, Visa/Master Card & Bank Wire Transfer. Among them Neteller & Skrill doesn’t charge any fee for deposit or withdrawal. For WebMoney it need 1% + 0.8% from both ends and for Visa card 1.3% + 0.5 USD from both end. However, LimeFX doesn’t support Paypal or Bitcoin those are very popular methods now a day.