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LimeFX states they are under St. Vincent and the Grenadines jurisdictions.
LimeFX is a scam platform that will not yield any investor profit. The company does not perform any digital currency or Forex trading services. We hate to break it down to you that you will only lose your money if you trust them. This factor, however, requires close attention because it is often the area where people can be taken in by broker scams. Read the terms and conditions carefully and file a complaint if the broker suddenly slaps on fees that were not outlined ahead of time. The second crucial category for inspecting a broker are fees, commissions, and spreads.
Despite this company being in the market for over ten years, they do not have any financial reports. LimeFX is all about the numbers, and without having any statistics to prove their performance, all their allegations are false. LimeFX platform is another scam in the market that claim they are involved in Commodities, stocks, indices, precious metals, and digital currencies. The company has numerous red flags that should be enough for any investors to keep off.
LimeFX Review
If you deposit a huge amount of money with this company, you will not hear from them again. The salesperson will only contact you to convince you to deposit more money. The company location is at Carenage Bay Canouan Island, Kingstown, Saint Vincent & Grenadines, VC0450. LimeFX is an offshore platform that you should not trust.
- There are 5 main account types available with this broker.
- The minimum deposit with this broker is 250$ and can be made only via debit/credit card.
- During the transaction, he was in control of my laptop using Anydesk software which he installed on my laptop prior to doing this transaction.
- We have created a procedure for investigating each broker carefully and to ensure they meet strict criteria.
- Some brokers offer only their proprietary platform but look closely if this is the case.
LimeFX claims they are leading in the industry, and they deal with multiple brokers in the industry. The platform offers educational opportunities to its clients. They also inform investors of the new trends in the market. ReportScamOnline now considers Pro And LimeFX to be operating an online scam.
Just contact us at but do not let your broker know they you read this article or that you are in contact with us. Test customer service when you are investigating a broker, but keep in mind that even scam brokers can seem friendly and helpful at first and can show their true colors later on. We don’t have our own personal experience with LimeFX. However, the broker is regulated by the SVG which does not provide as strong protection to traders as 1st tier regulatory bodies . Considering that there are hundreds of brokers with stronger regulation and quite highly possibly with better trading conditions too, it makes little to no sense to trade with LimeFX.
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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. 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.
- LimeFX is offering you bitcoin or altcoin to continue with their services.
- It seems LimeFX has a few unflattering articles ranking high on search engines.
- The company was established in 2019 and has no regulation whatsoever.
- Some brokers may offer a wide selection of trading products, whereas others may focus on one area, such as forex.
LimeFX is offering you bitcoin or altcoin to continue with their services. Gripeo is the leading social platform for consumers to share their experiences with businesses and other people. We thrive for helping the marketplace become less ambiguous and more transparent.
How Online Trading Scams Work?
On the evening of 15’th May 2020, I received an email from a person named Phillip Weber, who as per his email is the Senior Portfolio Adviser & Head of the VIP trading Floor. This person gave me a phone call and asked me for a suitable time to have a chat. We mutually agreed to have a chat later in the evening of 15’th May 2020. Later during the call, Mr Phillip Weber introduced himself got me started on the account by getting the “Metatrader 5” App on my mobile phone downloaded and installed. He also got the “Anydesk” App downloaded on my phone after which he took control of my phone and demonstrated the trading App. He opened a Bitcoin trade with the available balance of 100 USD and asked me to wait for few days for the trade to yield profit.
Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there limefx cheating are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case.
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Be careful and verify your information through multiple sources. Constant vigilance should be applied at all times when sending money online. He even forced me to login into my bank accounts so and check my bank balance. It was the morning of 15’th May 2020 when I received a phone call on my mobile phone from an unknown number.
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money. We use dedicated people and clever https://limefx.group/ technology to safeguard our platform. One of the best trading company I have ever dealt with. I need not to worry about my trades, I just listen to their advise and wait for my profit.
What are people saying online?
Needs to review the security of your connection before proceeding. In addition to the firsthand reports that we’ve received. Legitimate user experiences can often be found on Trustpilot. While we know that Trustpilot is full of questionable posts, the real reviews tend to show up there as well.
- LimeFX Trading platforms, tools and educational resources are a vital part of the trading experience.
- Forget paying a guru to trade for you and take a massive cut of what you earn.
- Even if the brokerage is regulated, it is best to avoid it if the regulator happens to be outside your jurisdiction.
- Working with a broker that does not have a license offers no protection in the case of a broker scam.
- Execution was excellent, and the analysis was insightful.
There are many cyberforensics companies out there, but none of them offer the same reliability, professionalism and customer service as Cyber-forensics.net. Cyber-forensics.net offers the latest technology and data recovery services to identify and extract data from computers and other digital devices. The latest Pro And LimeFX review suggests that the company operates illegally and without a proper financial regulatory license. Theforexreview.com needs to review the security of your connection before proceeding. The latest LimeFX Limited review suggests that the company operates illegally and without a proper financial regulatory license.
The company brags they are a highly reputable broker in the industry, yet there is no evidence of them assisting investors in attaining their financial goals. The seller asks to be paid via international money orders, checks, direct bank wires or cryptocurrency and will not accept any other form of secure payment. I have been working with this company for the last few months. They have been very helpful in teaching me about how to trade on the crude oil market. The market has been extremely volatile which has meant making a profit very challenging.