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There is also a chance to become a victim of Identity Theft, experiencing many more problems consequently. For those who like to invest more, the VIP Account requires a deposit of $20,000 and offers additional benefits to the Micro and Premium Account. It is disguising as a legitimate company that it is not to swindle money from unsuspecting investors. It is riding on the positive reputation of a legitimate trading company in the UK so as to steal from customers. Having licensing and regulation from bodies like the FCA, CySEC and ASIC make this broker a trusted and reliable choice for investing.
We want to help our readers in any way we can, but sometimes it’s better to talk directly with your investing site to get the answers you need. For example if you have a specific query about your account you’ll need to contact them in person due to security. Simply choose the platform, or platforms that you wish to use which will largely depend on the device you are using.
LimeFX accept all the usual methods of funding your account including Visa, Mastercard, Neteller, Skrill, Union Pay and Wire Transfer. While some funds will be available immediately, Union Pay and Wire Transfer may take a bit longer to clear. Security of funds is a huge problem with unregulated Investment Companies.
The contests that you will find involve both the live trading platforms and the demo platforms. There isn’t a specific bonus offered at the time of this review; however many Forex brokers operate timed bonuses. It is worth checking out their promotions tab to see what’s on offer. Trading platforms are more and more commonplace, so it’s really up to a company to provide a stellar application that outshines the rest. LimeFX launched its first mobile app using the MT4 trading platform for iOS/Android, and a solid 4-star rating, the app has a variety of great features for any investor. The demo contests can be used by anyone that opens a new demo account and are great for winning money without risking your capital.
For those who want to trade but have no access to the internet, they have live operators on standby, and they claim to offer best of market spreads. Apart from no definite deposit bonus, this broker seems to tick all of the boxes for both new and experienced traders. Their trading platform is strong and suitable for all levels of traders. They have several account options to choose from, and they offer plenty of useful insights into the world of Forex trading. Often you will find that brokers offer a bonus to encourage you to sign up with them. They do provide benefits to their VIP Account holders, though, and they also offer a range of contests.
Premium Account
Legit companies do not bother you over the phone to deposit with them, so if someone pushes you to invest, it’s most probably a scam. Most of the scammers are experienced manipulators and before you know it they’d ask for your bank card numbers to assist you with the deposit. You shouldn’t ever provide this information unless you want to get in trouble.
There is no reason to suggest there is anything untoward about this broker. Their trading platform is robust and suitable for all levels of traders. While on the surface, this broker seems to tick all the boxes, it can be challenging to know what makes them stand out above the others. Are the claims that they make substantiated and what do they offer?
LimeFX Review: Unregulated Broker
While there are no fees for using the card, there may be a currency conversion fee. In addition to the extensive choice of live trading accounts, you can also take advantage of the LimeFX demo account. Launched in 2010 by a larger company that has been established since 1972, LimeFX is committed to offering personalised service to their many clients across the globe.
- LimeFX also offer a prepaid Mastercard that you can use to deposit funds and make withdrawals.
- They have a number of account options to choose from, and they offer plenty of useful insights into the world of Forex trading.
- It is riding on the positive reputation of a legitimate trading company in the UK so as to steal from customers.
- Their trading platform is reliable and suitable for all levels of traders.
- Are the claims that they make substantiated and what do they offer?
- We have excellent working relationships with many of the sites we list and recommend.
Ask yourself why it would be so difficult for a broker to be simply regulated. Unregulated players are a risky venture to dump your money in. Gradually they would ask for more money from you no matter the results.
Account Types
If you lost on the market, they’d persuade you to put more money and recover the losses. If you traded well, they’d convince you to put more money and increase the profits. LimeFX EROTF is an offshore unregulated confirmed scam broker. There are a few deposit amounts depending on your account type; however, it seems that $100 is the lowest you can deposit.
We have carried out an extensive review of this broker to ensure that the information we present to you helps you to make your choice. This is the best platform that educates investors how to trade using easy to master strategies, they also give you signals if you want to make quick money reliably. This account is available in USD and EUR and offers spreads from as little as 0 pips. 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. If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware.
How Does This Scam Work?
Even if you’re without an internet connection, they offer live operates who can execute trades on your behalf. You can choose from fixed and variable spreads with most types of accounts and LimeFX claim to have the best of market spreads. The spreads start from as low as 0 pips, but these tend to be reserved for the higher investors. They have many unique features and offer competitive spreads. With licensing and regulation from some of the world’s most recognised financial regulators they are one to consider. LimeFX also offer a prepaid Mastercard that you can use to deposit funds and make withdrawals.
Product Reviews
They can easily do silly things because they are sure they are not answerable to any watchdog which may go after them.
Mobile Trading
CLICK HEREor fill the below form to recover your money. In this review, we will highlight the red flags in this broker. This will enable you make an informed decision as you plan to invest in this industry. Alternatively, if you find that contacting your investing partner isn’t working, you can contact us and we will be more than happy to try on your behalf. We have excellent working relationships with many of the sites we list and recommend.
With a clear company vision and mission to provide a high level of service, using only the best financial products, they have built the platform to offer what traders need. LimeFX is committed to providing a personal service to its customers and has made sure their trading Speculative attack platform is accessible on all devices. The scammers would do anything to discourage you and even ask you to pay them if you want to withdraw. The scammers’ mantra is “give me your money”, they’d insist every day you should deposit again and again, for no obvious reason.
Apart from no obvious deposit bonus, this broker seems to tick all of the boxes for both new and experienced traders. Their trading platform is reliable and suitable for all levels of traders. They have a number of account options to choose from, and they offer plenty of useful insights into the world of Forex LimeFX review – Scam or legit forex broker? trading. With licensing and regulation from some of the world’s most recognised financial regulators, they are one to consider. As well as the choice of 10 trading platforms, there are several accounts to choose from. From the novice trader to the high net worth investors, there is something for everyone.
They also give you an excellent chance to practise trading. You can turn your virtual funds into cash prizes of up to $30,000. The contests are not running all of the time so you will need to check details of the next one. Built so investors can make better, more informed decisions, the LimeFX platform offers a clear and concise MM interface with a solid basis of crucial information. Available on any mobile device, you’ll be able to see the data you need, conveniently on the go.