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They will not respond to complaints by email as it may be used as evidence. They pretend to be calling from your country to put you at ease. When you call the numbers back they are not recognised or not connected. The Gold, Platinum and VIP accounts are just scam tactics to steal more money from their victims. Once this confidence is established, the investor will be marketed the idea of investing more money to earn greater returns. Additionally, other incentives may also be provided to encourage the investor to get their friends and family onboard the platform too.
That will get them to rethink the refund possibility. 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. After that you can prepare a letter or an email describing how you got deceived from them.
Sensitive trading information- Initial margin, maximum trade size, etc. are shown in the chart. Overall, the better pricing and execution with top tier liquidity are enough to consider this broker trustworthy. Review our tips for indentifing scams to help minimize the chance you will get duped. Watch the most common forex scam videos and how to avoid them starting right now.
If you look at what traders think, you will see that the LimeFx forex broker is not as good as you might think. Despite its long-lasting name, they have nothing else to offer. On the other hand, the variety in trading account types may attract traders to find a suitable trading account.
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LimeFx hypes that it offers customized leverages and spreads for different accounts. The Wealth Core offers the WebTrader forex trading platform. If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them.
- Using a trustworthy service such as MyChargeBack is critical in this endeavour as a typical chargeback process can often be complex and drawn out without the right guidance.
- Any referrals to 3rd parties may have computational rewards.
- Here at The Wealth Core, we worked hard to make this impossible dream reachable and available for …
- Keep in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.
- Speaking of available assets, the broker offers trading with currency pairs, commodities, indices, shares, and cryptocurrencies.
However, this broker’s service is enough for new traders who look for a hassle-free trading environment. According to many LimeFx reviews we’ve seen, this broker has a sophisticated way of scamming. First of all, LimeFx’s minimum deposit is 250 EUR, despite the company being in Australia. After you make this initial LimeFx, you are prompted to add more funds. If you wish to make a withdrawal, the company uses AnyDesk software to connect to your PC and wipe out your bank account until there is nothing left.
Overall, LimeFx is a potential broker that may provide better trading opportunities shortly. If you want to open an account in this broker, you must research before making a deposit. Besides, this broker provides fair trading conditions that are the most critical components in the trading world. Its cutting-edge trading platform with low latency connectivity and top tier liquidity allows traders to have the flexibility in trading. If you are new to forex trading, this platform is going to be very helpful for you owing to their knowledge-based acts, the glossary, and the eBooks for enhancing your skills.
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Theforexreview.com needs to review the security of your connection before proceeding. Spreads is significantly affected by what type of accounts you are holding. Traders holding the gold account can enjoy gold spreads, while the platinum account and the VIP account enjoy platinum spreads and raw spreads respectively.
And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes. Though traditional broker websites limefx official site do not allow demo, LimeFx lets you use their website right away so that you can have an idea about how things work for them. They allow a total of 4 different types of user accounts .
They have become so passionate about online trading making them ahead of their competitors. 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. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.
Therefore, LimeFx offers reports to traders like industry experts. Therefore, every package of this broker provides different windows of opportunities based on traders’ preferences, ambitions, and budget. Aside from that, LimeFx gives a cutting-edge trading platform, low latency connectivity, and top tier liquidity to its clients. They also have various financial instruments for trading with sophisticated tools, competitive pricing, and exceptional execution. A group of professional and experienced people in the financial world established LimeFx with a vision of improving the trading industry.
Proprietary trading platform, which is very easy to use. When it comes to trust and transparency, LimeFx made these two qualities as its core values. It has built the highest standards of safety for its clients’ funds. The company works hard to develop its services step by step. And every single day, their main priority would always be the success of each client.
Scam Alert – MarketsCG, LimeFx, YorkCG, StocksCM …
LimeFx took over £10,000 pounds of our savings and will not return it. Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site https://limefx.name/ at the comment section. If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back. It seems LimeFx has a few unflattering reviews ranking high on search engines.
According to this organization, it’s a platform made by traders for traders, featuring everything an average investor might need. However, it took us long enough to find the owner, and even now, we are not sure. Since, as the owner, we found LimeFx Ltd, it sounds a bit suspicious. On other costs, the withdrawal fee is 1% with a minimum withdrawal fee of 30 USD/GBP/EUR, and the maximum withdrawal fee of 300 USD/GBP/EUR will be deducted from the trading balance.
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Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you. Usually, unregulated forex brokers work in the following way.
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In addition, you can increase your trading knowledge by reading our updated PrimeXBT and AlpsMarkets broker reviews. Additionally, like many scammers, LimeFx is blacklisted as well. The UK regulator, FCA, published an official warning against this brand, stating that all those involved should immediately file limefx company reviews a complaint about the broker. Also, they said the clients that fell for such a scam would have a hard time being reimbursed. LimeFx makes sure that its clients are getting information that may help them to grow a trading career. Therefore the company provides extensive educational materials for traders.
ScamRecovery.net offers no financial services or advice. Any referrals to 3rd parties may have computational rewards. If a broker is not licensed by the regulatory authority in your jurisdiction, that likely means that they are unregulated and should be avoided.
To do so, he planted the above review on a free blog post. If you have lost money with LimeFx, don’t panic. You are not the first and you likely won’t be the last. Mistakes can happen even with the most cautious of investors, and should be used as a learning opportunity.
The website owner did not agree to remove the reviews, and therefore LimeFx took matters into their own hands. 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. 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.
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LimeFx trading platform should be advanced since it’s made “by traders.” However, all we saw was another WebTrader, and not even a representable one. There’s the most basic chart with a couple of indicators and, of course, a direct page to deposit more money. So if you’re looking for a platform that will take everything you have, LimeFx is the one. The broker has been reviewed on a couple of websites, including Trustpilot.
Even if the brokerage is regulated, it is best to avoid it if the regulator happens to be outside your jurisdiction. LimeFx advertises that its customers can trade with access to 200+ assets, including forex, cryptocurrencies, stocks, commodities and indices. Since Aussie Trust is an unregulated broker, your funds are not safe with such.
