It will cause them to think twice about the possibility of refund. Another option is to write an email for the agencies that regulate. In the case of the country in which you reside, use Google to find the regulatory agency that regulates Forex brokers within that country. You can then write an email or letter detailing the way you were deceived by them.
- A lot of problems with platform, big slippages, poor customer support, all these makes trading crazy.
- You really have to take this seriously because if a broker keeps money in his pockets and won’t let traders withdraw it looks like a scam.
- You then have to close this dialogue window to try again & by that time, the price may have moved back into negative.
- If you’ve been a victim, please write a review and leave your feedback on this site in the comments section.
But that doesn’t mean that LimeFX is reliable. There are a lot of traders that are not happy with the LimeFX platform and their service. If you want to withdraw your funds and it doesn’t matter if you are earning profits or not, they’ll delay the process of withdrawing for a period of time.
They are the main counter party & principle to all your trades. When I started on FX, I tried to trade with a few brokers, but after 3 years of experience, only LimeFX is still in my list. Only this company never betrayed me, and I have never had problems with withdrawals.
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I really enjoy their platform, it is very stable in work. Never have freezes or other problems with it. Very convenient and intuitive UI with the wide variety of tools. Also, I want to note that their customer service always works smoothly and there are no problems with the withdrawal of profits. As to trading conditions, they are just like many other top brokers, not much better not much worse. Their main advantage is reliability, so if you can trade in general, you will make profitable trades, as the broker is not making obstacles.
But I have no complaints and my withdrawals have been accepted so far. And yet it is worth saying once again that LimeFX is one of the best brokers in the field of Forex and CFDs in terms of reliability and trading conditions provided. LimeFX provides services in more than 170 countries of LimeFX Review 2022: Pros, Cons and Key Features the world, now it is most in demand in Namibia, Cyprus, South Africa, Albania, Zambia, Jamaica, Uganda, Morocco, Nigeria, UAE, Kenya, Vietnam. A real LimeFX account is also created through your Direct account. To start trading on a real account, you will need to make a minimum deposit.
Last year I traded on the LimeFX Ctrader. Quite comfortable and modern platform, I satisfied. The UI is convenient for me, there are a lot of tools, good analytics and no requotes. As for me, LimeFX provides quite honest and qualified service.
MT5, cTrader and Supertrader accounts are also provided. The reality is they only get prices from liquidity providers which they then feed into their platforms. They are counterparts & principle to all CFD trades meaning they are always trading against all their retail clients. Me and some of my trader friends have no problems with this broker since start. If he is making money, what other traders say about his broker should not bother him.
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I have used LimeFX for three years extensively on both live & demo accounts specifically to identify their fraudulent operation. Still looking for true ECN with hones LP. Time for a cleaning inside this business.. So all the honest company’s if you want millions of clients.. Show yourself to be honest and you will have millions of clients. And if every clients pay 10 euro a day on commission you will get 10 million a day.
In recent years, cTrader has securely positioned itself as the leading trading platform in the industry. At the moment, about a thousand symbols are available for trading on it, including Forex, stocks, indices, krakenfx and many other CFDs. Traders note that the trading platform has a simpler intuitive interface than Metatrader. LimeFX has a VIP account for over $ 50,000 which will cut spreads by 30% and set them fairly low.
Current more aggressive staking reward rates will be in force till the end of June, 2021 thus clients willing to allocate their Dukascoins stock with more lucrative rates are invited to act. Stakes allocated before the July 1, 2021 will not be affected by the change. Starting from September 1, clients will be able to enjoy the highest quality Swiss banking for as low as 0.5% p.a. Flat commission – a sharp decrease from the previously applied progressive scale 0.8% – 1% p.a. Besides, Dukascopy Bank has one of the lowest banking thresholds among Swiss banks – only USD 100,000.
The firm has won multiple awards for its expertise and leadership in the foreign exchange industry since it entered the fray, and regulatory compliance and best practices are always the rule. LimeFX has always been a leader in the Forex industry since 2006, and, as such, it has distanced itself from the pack in every way possible. The firm’s greeting page speaks to class and breadth of service by first requesting the visitor to choose from 20 languages before accessing the their many service offerings. LimeFX is definitely in the top tier of global Forex brokers, with a large global footprint, broad client base, and high volume turnover. Full transparency and best business practices are standard.
The broker does not accept traders from the U, and it has also published a list of countries from the UN sanctions list that are banned from opening an account with the company. Both FCA, as well as the CySEC, has several guidelines that are intended to protect investors against broker inconsistencies. Both regulatory organizations have investor protection schemes in place that provides compensation for traders in case a broker winds up its business due to insolvency or bankruptcy procedures. A veteran management team of financial experts created LimeFX in 2006, and they have never looked back. Their platforms now process over 5,000 trades per second, and 99.9% of all orders are executed within 50 milliseconds.
LimeFX does have several advantages for a trader, but the broker cannot be just classified as the best in the industry. Therefore, browse through different options before making a choice to invest your funds with LimeFX. For its clients, LimeFX offers several types of accounts for different trading platforms. The broker provides the opportunity to open a real account for any of its trading platforms. In total, LimeFX has 7 types of real accounts, including a privileged VIP account with a deposit of $ 50,000 or more. In addition, the broker provides an unlimited demo account.
Broker LimeFX Review Conclusions
However, the broker strongly recommends a minimum of $ 500 for trading. Big and reliable broker, but crazy slippages and slow execution make trading unreal. Yes, it’s called ECN, but still conditions are awful.
For new improved overnight rates and other detailed information about the trading conditions please consult the corresponding sections of the website. The Broker LimeFX trading review is an absolute pleasure for us and we’d like to help save as many investers as we can from losing their hard-earned money. Careful look at every one of the Forex businesses, and any other business in general, prior to you sign any contract. LimeFX is a very reliable, secure and regulated broker since 2006. The group of companies has a high status regulation. You can download MT4 for free from the LimeFX website and instantly get access to three types of charts, 9 timeframes, 50 technical indicators, and a fully customizable interface.
My experience shows me its impossible to reach success in this business without fails at start, And its up to you how you manage it. You can get it right and fix your possible mistakes in future. It is in their best interest for their clients to lose & they have many clauses in their contract which specifically say they will take “action if a trade is not in their best interest”.
This applies to all 3 crypto-currencies . The LimeFX cTrader account will allow you to trade CFDs on Forex, Indices, Energy and Metals with reduced spreads from 0.37 pips. On this account, the broker has the lowest spreads, but there are commissions for forex and metals. As one of the leaders in Forex and CFD trading, LimeFX strives to provide its clients with a wide range of feature-rich platforms. This is how LimeFX EDGE appeared, which is the proprietary trading platform of the broker.
You really have to take this seriously because if a broker keeps money in his pockets and won’t let traders withdraw it looks like a scam. Of course, not every trader has problems with withdrawals but not just a few either. If somebody tells you that they manipulate charts then this could be a personal impression that doesn’t have to be true. But withdrawal issues are another story. 75.2% of retail investor accounts lose money when trading CFDs with this provider.
The paypal method is not available for the jurisdiction of LimeFX SCB. For the jurisdiction of LimeFX UK, deposit and withdrawal methods are available only via bank transfers and a credit card. The LimeFX Edge CFD account is designed for trading on the proprietary Financial regulation platform of the LimeFX EDGE broker and in the MT4 terminal. The trading conditions of the MT4 Market account are used as a basis. LimeFX offers the lowest cTrader spreads, but not the lowest among brokers for scalping or short-term trading.
I’ve heard they did this to other clients as well after what happened with the Swiss franc as they are struggling financially. Anyone with similar experience please share here. To my surprise they accuse me for abusing their terms and conditions and they will not give me my profits. I have filed a formal complain to CySEC and i will take it all the way down with them. Evertime I put a trade in , I mean everytime even if it was hitting my profit target , when I put my position in then it would go the other way.
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My account was verified.They said that clients with live accounts had their accounts moved to the new system. I lost all the history of my active demo accounts trading. But how does LimeFX react when you want to withdraw your earnings? First of all they accept all deposits and don’t make any bigger security checks. But when it comes to withdrawals they want to know everything and receive documents that don’t even exist.