LimeFX Is It A Scam ? Review
The reality is opposite to everything you listed in your comment apart from deposits because I have personally experienced problems with each & every aspect you mentioned. The same thing why are you trying to persuade us so badly. If you are just a trader, what other traders say about his broker should not bother you.
- The majority of traders fall under the jurisdiction of the Securities Commission of the Bahamas .
- During my work with them I have black stripes as well as white stripes, but I have no any claims to LimeFX.
- If they hold it off for 6 months, you won’t be able to make charges anymore, and the money will disappear for good.
- I registered LimeFX account in 2013 and still trade with them.
- LimeFX has a minimum deposit of $ 100, but the broker strongly recommends a minimum deposit of $ 500 for optimal and most successful trading.
Of course, not every trader has such an amount for a deposit. LimeFX is one of the largest groups of companies in the forex and CFD market, providing its clients with first-class liquidity and advanced trade execution with no dealing desk intervention. The deposits and withdrawals are accepted in all major types, including Mastercard and Visa. I initially did not have a problem with all the small withdrawals I requested & my money usually arrived in my account within three days until I started making bigger profits. As one person has pointed out above, it is true that your trades will be manipulated so that you lose.
Be sure to send this letter or email to them and inform them that you’ll submit it to the agency that regulates you should they refuse to reimburse your money. It is important to send your withdrawal request ASAP since your money is not safe when you use a broker that is not regulated. This is where things become a bit difficult. The company suits me perfectly providing comfortable trading conditions and good feedback.
Please beware of reduced liquidity and special trading breaks for CFD’s and Bullion on Monday 5th of July 2021 due to Independence Day celebrations in the US. Do not trust any information to be found on the websites and wap.dukasap.com. These websites and all information provided on their webpages is SCAM. Do not provide any personal data on these websites. Dukascopy Bank is extending the range of funding methods available to clients by adding the ERC20 Tether token . Please beware of reduced liquidity and special trading breaks for CFD’s and Bullion on Monday 6th of September 2021 due to Labor day celebrations in the US.
If you’ve been a victim, please write a review and leave your feedback on this site in the comments section. LimeFX does not charge any deposit or withdrawal fees. However, on the LimeFX EDGE platform, you cannot use advisor trading and assess the market depth, and there is also a slight difference in the speed of opening positions compared to cTrader. MetaTrader 5 provides a deeply developed Fiat money environment for creating trading advisors, even if you do not have the skills to work in the MQL5 programming language. The majority of traders fall under the jurisdiction of the Securities Commission of the Bahamas . The broker was founded in 2006, currently it operates in more than 170 countries and is one of the best in the world according to internet sites and financial agencies.
As someone else pointed out in the above comments, their spread will stretch to either stop you out at a loss or stride your Take Profit line with the ask line & bid line on both sides of the TP. This way, the trade does not close because both ask & bid line need to cross the TP line. It means when you trade on LimeFX platforms, they are trading against you. LimeFX then provides the liquidity which their unsuspecting clients trade with. LimeFX is definitely one of the most dangerous brokers to trade live with. This clearly means they use their own money in all trades with their clients.
They have very good demo account, superior online support and interesting webinars. LimeFX allows you to choose your preferred operating environment. In addition to the highly popular Metatrader4 set-ups, the firm also offers MT5 and cTrader. Additional support is also provided for the trader on the go by means of LimeFX Review 2022: Pros, Cons and Key Features mobile applications for the iPhone, iPad and the Android devices. LimeFX is committed to quality and providing the highest standard for customer support. Each rep has been expertly trained to handle a wide assortment of issues and to get you going quickly on to your path for success, 24 hours a day, 5 days a week.
LimeFX has always been a leader in the forex industry since 2006, it has distanced itself from the pack in every way possible. I suggest anyone who wants to trade with them to first read their contract word by word to make sure you actually understand what is clearly written to confuse the reader. Also, if you try to hedge a trade, the rates will differ on each side to the point where every move the price makes in whichever direction will result in a small loss. If it keeps moving, you keep losing more. Whichever way the price goes results in a loss to your trade.
I got the sense, this is just a way to frustrate profitable trades away. They are not connected in any way to any real market in any way shape or form. I have used the broker for two solid years & I noticed within a few days that something was not right with their platforms. During my work with them I have black stripes as well as white stripes, but I have no any claims to LimeFX.
LimeFX Trading Platforms
If larger exposure limits are required for individual reasons, the bank invites its clients to get in contact with support. If you’ve sent them an electronic wire, there’s no way to conduct chargebacks on wires. In this case, you have to escalate the dispute to a higher stage. Let them know that you’ll be contacting the authorities to make a complaint against them.
Dukascopy Bank is making its Savings accounts service one of the most affordable in Switzerland. The total number of tradable crypto instruments has reached 19 currencies. If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. However, during the LimeFX review, several flaws of the broker were found. There is one main reason why a broker might not be right for you.
Dukascopy will continue to extend its list of crypto instruments to meet customer’s requests. For more detailed information about the trading conditions please consult the corresponding sections of the website. Dukascopy continuously expands its list of trading instruments to meet customer’s requests. The Dukascopy Bank has developed a new framework for secure settlement of money for the P2P crypto-fiat exchange operations between clients. Dukascopy reserves the right to make changes to its trading conditions as seen necessary. Another way to harm them and prevent others from being victim is to leave negative reviews on other sites and write down the details of what happened.
LimeFX has been in the industry for more than ten years, and have executed close to 150 million orders in the Forex market. While this is a considerable achievement, it would be impossible without providing an excellent customer support channel that dedicates itself to the welfare of clients. However, if you are looking for an LimeFX bonus, you should get in touch with the company representative to receive a customized quote that is tailored according to your deposit amount.
Dukascopy has significantly reduced the volume commission rates for traders. This trading conditions improvement is aimed at creating an extremely competitive environment for traders with deposits bigger than one million USD and on trading volume makers. The updated rates together with improved criteria can be found on the website. The LimeFX VIP account is a customer loyalty program. VIP status is assigned with a deposit of $ 50,000. For clients with such an account, there are 30% discounts on spreads and trading commissions for forex and metals.
You can LimeFX cTrader for free and gain access to the full depth of the market using an easy to use user interface. LimeFX consists of a group of companies that provide services in more than 170 countries around the world. Each company has a license from the regulator. Among the regulatory bodies are the reputable FCA and CySEC, which enable LimeFX to provide its services in the UK and Europe.
I deposited money but it never reached my account. I had to send lots of documents but without any result. Still can’t find the money in my account and that concerns me. The additional volume commission for trading on MetaTrader 4 platform charged on top of the standard Dukascopy Bank fee schedulehas been reduced by 50% to become $0.5 per 1 MT4 lot ($5 per $1 million).
Their educational block is the best that I have seen among brokers in the industry. They provide free and with simple registration demo accounts, fantastic educational library and webinars. I think LimeFX receives most part of bad reviews from the amateur traders. Serious advanced traders choose LimeFX because this broker is licensed by the most rigorous regulatory authorities in the world and they withdraw profit extremely smooth. I have no doubt that their demo account is different than real money trading.
Market Closures On Independence Day In The Us
I have seen all sorts of tricks they play & I would need a good amount of time & space to list & breakdown exactly how they scam their retail clients. Its impossible to trade on real market without them at all. So you are just unlucky and have technical issues from youк side or this is fake review.
There is no trader who goes around defending their broker with so much determination as you see from the fake commentators here. Im not from LimeFX side, im just a trader who has been with them for a while and im fully satisfied with them. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Contact your credit or bank provider and tell them how you were cheated into making deposits to a company trading which is not regulated and refuses to pay you your funds back. It is a most common method of obtaining your money back, but it is also the one which is the most damaging blockchain wallet to them. Since if there’s a large number of chargebacks made, it can ruin their relationship with companies that provide payment services. If you’ve never attempted this before or aren’t sure where you should begin or how you can make your case known to your credit or bank company.
I advise to choose not only regulated brokers, but also ECN, without conflict of interests. If you don’t know what companies to choose, add me in skype, vovkfx, i will help you to solve this problem. Trading platforms, orders and executions, network connection, money deposits and withdrawals – all go smooth and stable.