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The MetaTrader offers a lot of tools for analysis and trading. If you want more tools you can add them to the software or buy them via an integrated market. Use indicators, drawing tools, or multi-charting for technical analysis. This is probably the most not-so-subtle scam, but it still manages to net customers. In this scam, investors are encouraged to join a service or company that trades the Forex market, and they will earn fixed periodic profits.
What you need to keep an eye on are trading fees and non-trading fees. We ranked LimeFx’s fee levels as low, average or high based on how they compare to those of all reviewed brokers. Debit and credit card payments result in funds being credited immediately. Bank transfers take longer to process, and those looking to use e-wallets can choose from using Neteller, Skrill, Rapid Transfer and PayPal. One crucial choice for new clients is which of the four LimeFx platforms to set up as their default trading dashboard. The well-regarded MetaTrader and AvaOptions platforms are both available.
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It is possible to make a deposit using the debit/credit card, e-wallet, or bank account of someone else, but this process is more complicated. These third-party deposits require additional verification documents. To make a deposit, log into your account and visit the Deposit section. From there, you can choose from one of the deposit methods that include credit cards, wire transfers, and e-payments.
Like most competitive brokers, LimeFx Forex broker accepts a number of deposit and cashing out methods. These include debt and credit cards, Skrill, Neteller, WebMoney, and of course PayPal. As you can see, they are well regulated and serious with this business. Let’s see what traders can enjoy when they sign up with LimeFx Forex broker. They only point to the fact that this Forex broker has been evolving and offering top-notch services to clients who trade with them. All content on Blockonomi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or LimeFx.
Their support would always say it would take 24 hours, and then another 24 hours and then another day. They kept on asking for clearer copy of my ID and utility bill when I had sent them the clearest copy ever LOL. It took them a week to verify my account, but immediately I decided to withdraw the funds cos I felt there was something off with Ava and how they dealt with things. We recommend LimeFx for forex and cfd traders looking for an option to use metatrader platforms.
How areregular people making returns of as much as 70% in a year with no risk? By properly setting up a FREE Pionex grid bot – click the button to learn more. Mr. Ferguson came to LimeFx after serving as the European & Asian Senior Treasury Manager at Bristol Myers Squibb, a globally leading pharmaceutical company. Prior to that, he served as Head of Corporate Forex Broker for large international specialist banking and asset management groups in London & Dublin. He joined LimeFx in 2008 as Director of Trading & Risk Management. Mr. Ferguson holds degrees in Computers and Business from University College Dublin, Ireland and from Lindenwood University, Missouri, USA.
There, you can learn more about both fundamental and technical analysis, both of which are useful skills for new traders. Savvy traders can use the economic calendar to predict limefx movements in the market and why those changes will occur. It should come as no surprise that LimeFx also has an Economic Calendar, as this is a common feature among brokers.
At the time of writing, those with a minimum opening deposit of 1,000 units or more receive a bonus that you can calculate via the bonus page. These require more documentation, including the Corporate Board Resolution, Certificate of Incorporation, Memorandum, Articles of Association, Shareholders Register, and more. Note that all submitted documents need to be readable, and letters and mobile phone bills do not count for verification. The fact that LimeFx is regulated in so many different jurisdictions can help provide confidence for investors around the world.
LimeFx: Forex & CFD Trading
By the end of it all I had lost all of my savings and I was in serious debt. I was desperate for help and that made me vulnerable to recovery scams. My husband is not around anymore and I have an 8 year old son with learning difficulties. The pressure of being a single, working mother with a child who needs so much additional attention and support became overwhelming for me. I really hope that others do not have to go through what I did, and I wish that I had realized before things were so bad that I was being scammed. I hope my story might help others to not be fooled the way that I was.
We tested LimeFx’s research tools on WebTrader, as they’re the best ones in our opinion. Research tools are user-friendly and available in the same languages as the WebTrader trading platform. The fee structure is very transparent and trading costs are easy to calculate. However, if fee levels for forex pairs are your most important consideration, then there may be better alternatives. First, let’s go over some basic terms related to broker fees.
LimeFx offers a limited list of options for withdrawal and replenishment of funds. To replenish the account for trading, you need to register with the broker, deposit the amount, choosing a convenient way of transferring funds (the minimum deposit is $100). Clients have access to a wide range of trading platforms, plus a 24-hour customer service is always there to attend to queries and concerns.
LimeFx.com ReviewsVisit the site
LimeFx has more than 200,000 registered clients who complete 2 million trades monthly. The trading volumes are about £60 billion monthly, and that figure is growing. This broker has multilingual support and a range of platform options. With the help of this broker, newcomers in forex will learn about the forex market everything that is necessary for successful trading.
For those who end up overwhelmed by the website, there is a search bar in the upper right which you can use to find the answer to your question. The live chat support button is right above the search bar so you can try and get help from the platform’s operators if the search doesn’t return satisfying results. LimeFx generally offers a solid user interface that should be easily mastered by users of all levels of trading expertise. While the interface is good, information on the website is segmented in a manner that can at times be a bit confusing.
Scam brokers will often operate a single bank account for both their clients’ funds as well as their own operational money. This means that when funds are dwindling on their accounts, they will be more likely to seek ways to boost operations using client money. This is an extremely bad business practice, and in the event that the broker cannot meet their financial obligations, your funds will be tied up with theirs and could even be claimed by their creditors. LimeFx.com “claims” to be an “award winning” and “regulated Forex broker” offering their clients more than what others offer.
- Bank transfers take longer to process, and those looking to use e-wallets can choose from using Neteller, Skrill, Rapid Transfer and PayPal.
- Nevertheless, its website still maintains content on arbitrage which gives off a wrong impression.
- Regardless of the regulator, LimeFx offers negative balance protection in every country where it conducts business.
- Before you invest your money you should look after the official regulation of the broker.
- Customer support is available via email, phone, or live chat on the LimeFx website.
They portray Forex trading and the ability to profit as something quick and easy. As long as the lucrative Forex market exists, Forex scams https://limefx.name/ will always exist. It is therefore prudent for investors to be able to identify and avoid Forex scams in the various forms they come in.
LimeFx review
For example, if a trader deposits $1000 by credit card, they must withdraw their first $2000 to that same credit card before other withdrawal methods become available. All withdrawals are generally processed within 1 – 2 business days, however 10 business days are allotted to withdrawals. The available withdrawal methods traders have access to include; Credit Card, Bank Wire Transfer, Skrill, WebMoney and Neteller. Done with binary options LimeFx, i lost over 43k after allowing my broker handle my account and trades. Luckily for me i got my money back through other means after months of trying to get it. Hello everyone it is possible to retrieve your stolen bitcoins.
That is my Identification card and Bank statement before uploading bank statement, i had already uploaded my tax certificate which was rejected. Financial Fund Recovery understands the adversity of the situation. Further, our competent research team consisting of the best investigators has studied the case thoroughly. As a result, we feature the critical elements about LimeFx to verify and conclude its legitimacy. Moreover, this can help investors and market newcomers learn about some essential details.
As such, it can be difficult to discern which ones are legitimate and which ones offer better terms of doing business than the others. There are different payment methods available but I have to mention that the payment methods always depend on your country of residence. Invest in oil, silver, gold, platinum, and more commodities.