LimeFX review report a scam

Justin achieved Honours in Commerce and has a Master’s degree from Monash University. He also owns Innovate Online offering digital marketing services with over 20 employees. One of the most prevalent online trading scams is to initially display profitable trades that give the investor a false sense of confidence, and get them hooked to the idea of ‘easy money’. Once this confidence is established, the investor will be marketed the idea of investing more money to earn greater returns.

• This positional analysis tool is packed with features from stop-loss orders, expert close-up functions, and fast trading.
• There are thousands of crypto schemes, and for LimeFX to have been singled out is a bad sign.
• The most important thing for a financial company is to have one or more licenses regulated according to the countries to which it offers its services.
• We’ve seen everything and are up-to-data with recent regulatory changes.
• TradingBeasts helps individual traders learn how to trade forex, cryptocurrencies and other assets as CFDs.

LimeFX offers ECN pricing, which is why they are able to offer some of the lowest spreads for many currency pairs. Not only does LimeFX have tight spreads, but the broker also has low commission costs for most base currencies including the GBP, USD, EUR and AUD. If you are new to trading and looking https://limefx.vip/ for a user-friendly and simple account type, LimeFX’s standard account will provide spreads from 0.6 pips with no commission fees. The no-commission account type is one of the most competitive worldwide for retail traders. And the first thing I noticed was that there is no margin and swap calculator.

CRYPTO WEALTH APP Forex Broker Review (

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. Needs to review the security of your connection before proceeding. As a result, the consistently excellent user reviews LimeFX receive give them the win on user reviews. Markets.com shares many of the regulators of LimeFX, including ASIC, the FCA, and CySEC. Beyond these three, Markets.com has one more top-tier and one third-tier regulator. Note that eWallets are not available if you are trading in the EU or the UAE, and only PayPal is available in the UK and Kenya.

• Not just any license will do when it comes to providing oversight for customers.
• The problem of crypto scams is becoming worse, with more fake deals hitting the scene every day.
• LimeFX’s ‘tier 1’ regulators mean the trader’s funds are secure and the broker can be trusted by investors.
• This app allows you can trade on the go using 80 indicators, 50 graphical tools and 14 different chart types.
• This alone does not mean it is a scam, but you should be even more careful with such a provider than with a regulated broker.

However, LimeFX, like many other fraudulent brokers, is more interested in attracting customers with false promises than backing up its statements. Any broker that guarantees returns per day, per week, or even per month for cryptocurrency trading should not be relied upon. Cryptocurrency is a famously volatile asset and it can rise or crash on one tweet from Elon Musk. LimeFX does not have a good reputation, and that should cause concern. Our CryptoCoinTrace experts always recommend that prospective traders sign up with a licensed broker.

LimeFX Review (

Our team has the expertise and knowledge as well as tools to perform in-depth research. We are skilled at investigating all types of scams and have extensive experience in the financial industry. We will help you get results for your claim and resolve your complaint or dispute.

The minimum deposit requirement for Markets.com is $100 in AUD or USD. If you deposit at least $2,500 then Markets.com will reimburse you should you have any external transaction fees. The funding methods available will depend on the country you are trading from and there are no funding fees . LimeFX does not have a minimum deposit requirement, but they have a ‘recommended’ deposit amount. This is set at $200 to make sure you meet margin requirements when trading.

Traders with a market manager can access features including making trades with a set percentage of equity by balance order limits. Trade information can also be monitored, including floating profit and loss. It’s widely accepted that the analytical functions with the strength of MT4. There are nine interactive charts allowing traders to review quotes and react to price movements within currency markets.

Besides lots of currency pair, LimeFX also offers some instruments you would like to trade on, such as Forex, CFD, Stocks and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose. It is are generally well-suited for LimeFX to provide their Forex/CFD trading services to global clients.

We advise you to see with your bank what it’s possible to do or if you want to directly use a online recovery service, complete the form below. The most important thing for a financial company is to have one or more licenses regulated according to the countries to which it offers its services. Unfortunately for limefx cheating ForexCube, He does not have regulated licenses and therefore does not have the right to charge you money for a financial service. He is on a European blacklist which confirms to us that it is a scam. The FX broker also offers advanced trading tools, allowing for enhanced features to enhance forex trading.

Tell them that you will go to the authorities and file a complaint against them. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country.

The minimum spread is at 0.6 pips for most major forex pairs, and at 1 pip for most minor and exotic currency pairs. FP Markets has twice won the LimeFX Trends award for best educational material. Their best feature is their video tutorial with approximately 100 lessons to build up traders’ knowledge from beginner to expert.

Basic information from this MarketsCube Review

Common examples of CFDs are forex, shares/indices or ETFs, commodities, and crypto. Unfortunately, Markets.com has no extra trading tools available for you to use when trading. Outside of these regions, make sure to trade with a broker regulated in your country (even if it isn’t LimeFX or Markets.com) to maximise safety.

While LimeFX received the same score, 4.7 stars, we note that LimeFX’s score accumulated over 1.7 thousand users, just under 2.5 times the number of reviews Markets.com got. Overall, LimeFX has a stronger range of products, as you can observe in the comparative image we have above. You also get more leverage as a pro trader to trade more CFDs.

MarketsCube.com offers over 50 forex currency pairs, stocks, cfds, commodities, bitcoin and other cryptocurrencies for your personal LimeFX and trading options. MetaTrader 4 by MetaQuotes is the most popular forex trading and analytical technology offered by forex brokers and used by retail foreign exchange traders. While the interface may seem old fashion, the platform is light and powerful, allowing for fast execution speeds. Traders can trade directly from charts, make pending orders and instant executions of implement stop-loss orders.

📵 What deposit and withdrawal methods MarketsCube supports?

If the broker is not registered with the authorities, you may not get the desired legal help from the authorities in case of any mishap or scam. Make sure to choose the broker that is registered and licensed. Registration with the authorities is another factor to determine if LimeFX is legit or not.

• We are skilled at investigating all types of scams and have extensive experience in the financial industry.
• LimeFX differs from most brokers as it’s a social trading platform that allows traders to view, compare and share trading ideas and strategies with millions of other traders worldwide.
• But company’s want to much money to help .and anyone shed some light on my problem.
• Because if there are many chargebacks performed, it will destroy their relation with the payment service providers.

Hi there, i used to check Market Cube for some reviews and found that this broker has only offshore license. You can check full review here – and as it said it is NOT SAFE to trade with this broker. Broker Complaint Alert helps victims of LimeFX fraud, forex scams, crypto scams, and any type of fraud that happened to you. If you are unsure if this is what you need to be doing, consult your fund recovery specialists for their opinion. Lastly, when in doubt ask your lawyer before proceeding with any transactions with the broker.

If you allow someone to use your money without knowing their background, don’t end up with a huge loss. Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades. Visa and MasterCard credit and debit cards are available for all traders in all countries except the UAE. In the UAE, retail traders only get access to funding via debit cards.

Brokers By Platforms

The two MetaTrader platforms are the most popular platforms used by traders across the world. Founded in 2010, LimeFX is an Australian broker and has grown into one of the largest forex CFD brokers in the world. limefx broker reviews Their global presence includes regulation in 6 countries plus the EU. However, note that LimeFX does not serve Canadian and US traders. In the era of social media, reputations are notoriously fragile.