LimeFX Review Is it a Scam or Legit Broker

Another important feature of MT4 is Expert Advisors which enable traders to automate their trading strategies. Expert Advisors use parameters that are predetermined by the traders for opening and closing trades. Hello everyone limefxp losing your hard earn money to fake brokers, if you are interested in trading binary option, recovery of lost funds from those heartle… MetaTrader4, available for PC, web and mobile devices. Financial transparency gives users and partners a wide range of experts to automate their transactions. They offer this common trading platform that has numerous indicators and graphical tools.

  • The broker offers a high-quality training for new traders , work on a demo account.
  • The startup Forex broker LimeFXhas been operating in the financial market since 2011, providing traders around the world limefxh a full range of services for quality trading.
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  • TradingBeasts helps individual traders learn how to trade forex, cryptocurrencies and other assets as CFDs.

This research appears to be conducted by the brokers own in-house team, and combines with an economic calendar and margin calculator to round off the research tools provided by LimeFX. There is a limited amount of educational resources present directly through LimeFX. Swap-fees are applied at variable rates, although swap-free accounts are also available to those traders who require them through further contact with the customer support team. The minimum deposit increases drastically for the Premium and VIP account types. Trading markets offered are focused almost solely on Forex pairs.

Basic information from this LimeFX Review

If a broker is not licensed by the regulatory authority in your jurisdiction, that likely means that they are unregulated and should be avoided. Even if the brokerage is regulated, it is best to avoid it if the regulator happens to be outside your jurisdiction. The first step to protecting yourself from fraudulent parties online is to do thorough due diligence on the limefx review companies and entities that you are planning to send the funds to. 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. Not in the foreseeable future, meaning at least the next 3-4 years. Reason is there is no widely accepted retail alternative in the market.

Traders should trade with well-regulated brokers and reputable brokers. No matter what trading products you find in the reviews, please make sure that they have obtained permission to trade the products they offer. Obviously, did not do any of the above, and can not even be regarded as a broker, but just a scam in the foreign exchange market. hides most of the trading conditions and raises suspicion.

LimeFX has been rated negatively as an established trading facility. There is an address issue with regards to its head office and its base location as mentioned on its website. A request to settle a debt, taxes or other amount owing and to send money via courier, prepaid bank card or gift card.

  • A request to settle a debt, taxes or other amount owing and to send money via courier, prepaid bank card or gift card.
  • If you encounter the next one on, you are likely to be scammed or involved in a scam.
  • LimeFX tries to minimize other fees which its traders may encounter through use of the platform.
  • Not the best trading conditions limefxh Margin Call & limefxpout Levels.

We recommend that all investors and traders avoid and other Vanuatu brokers. If you are interested in trading foreign exchange, cryptocurrency, CFDs, or commodities, paying close attention to the broker you trade with can prevent broker withdrawal problems and help you avoid broker fraud. Some brokers may provide a wide variety of trading products, while other brokers may specialize in one area, such as foreign exchange.

Is LimeFX a Scam Broker?

The broker says they will acquire a license in near future. Anthony Gallagher is a financial journalist and forex expert with years of experience in the industry. Anthony’s writing is informed by personal trading experience, which he uses to help other forex traders improve their results. Anthony has tested dozens of forex trading tools and written hundreds of articles for many well-known sites in the industry. He is recognized for his insightful analyses of global markets and data-driven trade ideas.

LimeFX was founded in 2011 and is registered in St. Vincent and the Grenadines which is a popular destination for online forex and CFD brokers. The Broker is not regulated by any financial watchdog which means that there is not any authority that oversees the financial services offered by LimeFX. LimeFX provides its clients with a unique opportunity to receive 50% bonus on each deposit. With our unique bonus program, all traders are able to manage their capitals and concentrate on their efficient Forex trading strategies under ideal conditions. The bonus is tradable and also withdrawable after carrying out all promotion requirements. In any case, Vanuatu is an offshore zone and we recommend that traders choose carefully the brokers they will work with.

Potential investors can also try the trading platform for free, and then make the final decision by opening a free demo account. Like all leading brokers, provides customers with a series of account types to meet the different needs of different types of traders, from beginners to professionals. The startup Forex broker LimeFXhas been operating in the financial market since 2011, providing traders around the world limefxh a full range of services for quality trading. The company is popular limefxh market players, both beginners and professionals, thanks to favorable working conditions, reliable modern tools. On the subject of bonuses, LimeFX provides for up to 50% bonus on each of your qualifying deposits.

Negative LimeFX Reviews and LimeFX Complaints

Since this broker was officially listed in 2018, we wondered how something illegal could survive for so long. Traders at LimeFX can learn how to trade forex via the platform’s beginner trader section. LimeFX claims itself to be registered in St. Vincent and the Grenadines. At the same, the broker fails to provide any license to operate financial services. is committed to the fair handling of reviews and posts regardless of such relations. We have scanned fees that LimeFX charges when trading popular currency pairs, here is their breakdown in pips. According to some of the LimeFX reviews we’ve read, the broker keeps its money in Georgia and allegedly has regulations from this country. All this is alleged since we couldn’t verify the information anywhere.

LimeFX scam

ReportScamOnline now considers LimeFX to be operating an online scam. We recommend that our readers not trade with this broker and if you have an open account with this company, we suggest you try to withdraw your funds as soon as possible. LimeFX has proved its self to be trustworthy and safe to me.

If you encounter the next one on, you are likely to be scammed or involved in a scam. Due to lack of information and unregulated, funds are not safe. According to reports, some unregulated brokers (such as deceive people. By viewing and browsing through any materials, information, news, reviews, analysis and research provided on this site you agree that this is general market commentary and education materials only. is only compensated by selling advertising spaces and has no other sources of remuneration and no partner relationship with any financial firms listed on the site. LimeFX does have a link on its webpage for beginners but besides explaining what forex is and how to trade limefxh it, the company does not have much to offer on education tools.

Is LimeFX Regulated?

You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money. LimeFX mobile app is compatible limefxh all Android and iOS devices. Limefx LimeFX offers many different payment methods including all major credit cards , cryptocurrency, and e-wallets including Neteller and Skrill. LimeFX provides 4 different types of trading accounts to cater for its diversified clientele base. These account types are Standard Account, Premium Account, VIP Account and CIP Account. The clients get the same fixed spreads and high leverage on Standard and Premium accounts.

The rules and regulations, Bonus and Withdrawal policies are not legitimate and they are made for defrauding traders. In order to start trading with LimeFX, you have to deposit at least 1 USD. Therefore, we’ve decided to go entirely on LimeFX review and find out everything about the brokerage. All information on is only published for general information purposes. We do not present any LimeFX advice or guarantees for the accuracy and reliability of the information.

LimeFX tries to minimize other fees which its traders may encounter through use of the platform. This includes no-fee on deposits, and a minimal fee on withdrawals which ranges from 5% on credit/debit cards, 4% on PayPal, and $3 for the majority of other withdrawals less than $50. Most brokers have accounts that differ depending on the amount of money being traded.

No longer offers binary options trading which many traders often view in a negative light. This infrastructure may be more suited to experienced traders who are already familiar with the markets, MT4 trading platforms, and other features who can employ outside sources for research. As to be expected with MT4 desktop, the offering is as comprehensive and empowering as ever to traders. The most common sign of a broker scam or a Forex trading scam is that the broker is either not regulated at all or has a low-quality regulatory license. Any reviews will not only answer the question of whether the broker is licensed or not but will also give some insight into the regulatory body and point out if the license is top tier or not. If you find this review helpful, be sure to share it with your loved ones so they don’t fall into this type of scam.

Since the broker has no regulations, we can easily say it’s conducting a scam. That’s why hiring professionals to assist with the matter is the key to success. You can also share your trading experience with LimeFX by commenting on this review. needs to review the security of your connection before proceeding. The ECB will consider ways to transfer interbank payments to the blockchain … Some information is invalid or some fields are not filled in.