LimeFX Review 2022 Pros, Cons & Features

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The FCA have included Gurvin Singh Dyal and those known to have worked with him on their official warning list. Established spread betting, forex and CFD broker with over 30 years in the business. Trade on the FX market with flexible leverage and dynamic market spreads.

LimeFX scam

LimeFX also uses Bitcoin Cold Storage to safeguard client funds. This ensures that customer money is not stored on the broker’s web server, but instead, it is housed within an external storage device, safe from hackers. When we used LimeFX, our experts were pleased to see the broker does not apply a deposit or withdrawal fee for any payment methods, although third-party charges may apply.


New accounts can be opened in USD, EUR, GBP, or BTC denominations. LimeFX accepts clients globally, including the UK, however US clients are not permitted. The fastest way to get in touch with LimeFX is via the 24/7 live chat support. You can also submit a ticket through the website where responses are typically received in 15 minutes. For those who would prefer to speak to a member of the team over the phone, you can submit your phone number and request a call-back within four hours.

EMarketsTrade is an unregulated cryptocurrency broker that doesn’t have a lot of variety to offer. In addition, it is offering misleading information to its potential clients and has a high cost of trading, which doesn’t make it a good choice for your trading needs. Gurvin Singh Dyal turned to social media to prey on his victims. Gurvin successfully used his Instagram page, where he garnered 125,000 online followers, to lure people into his forex trading pyramid scheme. He promoted a lavish lifestyle, promising others they could follow suit if they paid to access his forex trading course, as well as pay him to trade for them using his company – GS3 Trades. With forex trading dating back 500 years, scammers have had a long time to develop effective ways to prey on aspiring investors.

  • It offers competitive spreads on a global range of assets via its Next Generation platform.
  • Plus, according to the broker, you will have access to over 30 technical indicators, 24 graphic tools, and have every symbol displayed in 9 timeframes.
  • An email is a great option too, but it might take a bit longer – at least 15 minutes to get an email back.
  • Featured here are all the 7 major forex pairs and an additional 48 forex trading pairs.
  • They are Technical Analysis, Fundamental Analysis, and Sentimental Analysis.

You can engage them directly via Live Chat that has a near-instant response time. Alternatively, you can send a query ticket via email with an average response time of 15 minutes. You can also submit a callback ticket and have one of the company’s representatives call you back. It addresses common queries on deposit and withdrawal handling, trading, and MT4 platforms.

What Can Slow Down Forex Momentum & What Are The Best Times To…

These accounts are secured with a password but you are free to fortify it further with the two-factor authentication feature. The biggest perk to operating the Islamic account (also known as Swap-free account) is that orders held overnight don’t attract the overnight financing fees. scammed by limefx With a minimum deposit of $10,000 however, they remain an option for larger traders only. LimeFX offer forex trading on a huge range of currency pairs. LimeFX offers a selection of major, minor and exotic currency pairs. Trade on close to 20 currency pairs, including crypto pairs.

LimeFX scam

10 months ago there broker contact me and give me information about it. Then they text me you have a huge profit just spent 6k more before withdraw this is last payment, I did it. After that, I make withdraw ,LimeFX people told me you need to deposit 10% of the profits that was 16k. Now they told me deposit 5k again then you can get your money, it’s a tax thing. I asked for the proof what they are not replying since 4 days.

When it came to the withdrawals, things were still very convenient. Fees don’t apply every time – it depends on the withdrawal method you choose. For instance, if you choose to withdraw by Bitcoin, you may notice that the amount you end up receiving is different from the one you see before withdrawing. In case you are the owner of a business and you have proof of that, you have the chance to get a corporate account.

If you like the sound of being able to trade with free money, keep checking their website for any updates. The company further mentions that partnering with the world’s leading payment processors doesn’t just ensure speedy deposits and withdrawals. It also leverages the measures they have put in place to secure deposits and withdrawals. You can choose to deposit funds here through a bank wire transfer, the Visa/MasterCard, or in the form of Bitcoins.

We go into detail about brokers that have been flagged by top regulators around the world including the OSC. It’s important to us that you let us know your experience with this broker and it may help other people to avoid being cheated. We get a lot of threats from fraudulent brokers who don’t want us to tell the truth.

Each broker was graded on 108 different variables and, in total, over 100,000 words of research were produced. We tested the trading platforms with both our demo and our standard account to see how they work. Some of the most interesting facts about the customer support is their fast response and availability. Note that while most online brokerages will only be available 24/5, LimeFX customer service is open 24/7. Most of the queries we raised were resolved immediately and this is a good indicator of the customer service team’s proficiency. The only major downside to this online broker’s customer support is that it is only available in the English language.

We have looked into your query to find out more regarding your issue. It seems as though you used a wrong trade ID which is not BTCUSD, and therefore we weren’t able to find the trade you are referring to. Our customer support team has proceeded to get in touch with you to get some more information, in order to be able to help you further. I have been trading for a number of years now and also used LimeFX for quite some time and never had any issues. They keep telling him he has to upgrade his account, by paying thousands, to withdraw his funds they’re withholding for him. Who would give a company more money, when they’re already keeping his funds hostage.

We can confirm that LimeFX is a scam that doesn’t have regulated licenses and therefore isn’t a reliable broker. We advise you to see with your bank what it’s possible to do or if you want to directly use a online recovery service, complete the form below. If you are on this page it’s that you are victims ofLimeFX. You are surely unable to withdraw your money, it’s the most common scam of fraudulent brokers.

BluePrint Capital ( Forex Broker Review ( – SCAM

Commissions apply for all trading instruments and are charged at $6 per lot round turn. Let’s take a look at the detailed description and tricks which can be used for customized shirt boxes to help increase the sales of the product. What makes custom packaging the only option for the brands to get recognized in the market.

Between 74 and 89% of retail investors accounts lose money. More than $6.6 trillion is traded each day in the forex market, attracting millions of aspiring investors. However, huge trading volumes have also attracted the attention of fraudulent providers looking to take advantage of budding forex traders. This guide explains how popular forex scams work, from social media rackets to swindling brokers. We also share tips to help you avoid forex trading scams and keep your profits, finances, and personal information safe.

  • Then they text me you have a huge profit just spent 6k more before withdraw this is last payment, I did it.
  • Not only does it help you learn the ropes, you can also get acquainted with the broker’s services and platform.
  • These include glossy, matte, and spot UV coatings and gold or silver hot stamping.
  • The terminal supports digital signatures, as well as Two-Factor Authentication at the login page.
  • Our reviews are a combination of data research and working alongside the brokers.

We compared the fee to others in the market and discovered that LimeFX has a smaller fee compared to some of the big names. While LimeFX has a $10 fee, you would have a 200 minimum deposit fee for LimeFXor LimeFX. In terms of fund safety, the payments made to LimeFX will be held in a segregated bank account. Tier-1 banks are used for this in order to increase the safety of the funds. For instance, if you want to withdraw your money, you will be sure you’ll get your money even if LimeFX goes out of business in the meantime. From this point of view, they are pretty safe, and you’ll always be able to withdraw.

These include glossy, matte, and spot UV coatings and gold or silver hot stamping. To provide the most professional look, you can use our various finishing techniques to customize the logo to your preferences. Use the UV dot to make the logo stand out, raise or lower it by embossing or gravure, or you can provide an embossed ink effect to the embossed appearance of the logo.

KOT 4X Review

I like the easy platform they have, fast support, fast withdrawls, fast execution on trades. On the other hand, I find in some currencies spread is higher than other brokers. I’ve also made a few withdrawal’s and each time I’ve had the funds within 20 minutes.

The app is available in over 20 languages and reviews and ratings online are good. The iOS and APK apps can be downloaded from the Apple App Store or Google Play. The MT4 mobile app is available for download to iOS and Android devices. The app includes a full range of analytical features, with real-time quotes and trading directly from charts. The mobile interface is visually appealing and easy to navigate.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. In order to start trading with PSG, you have to deposit at least 0 USD . It uses a license from a regulated company or gives a license number that isn’t valid.

  • There is no KYC verification process, so traders do not need to submit any documents.
  • These can also be customized with metallic foil in an easy way.
  • There are a lot of uses for these boxes depending on the requirement.
  • Every trader starting the currency trading journey strives to equip himself/herself with the best set of information on the market.
  • Traders can specify their own leverage and virtual fund limit within the MT4 simulation.

Infinox Bahamas no longer accept UK clients or affiliates and denies Gurvin’s claims. Clients can speculate on an extensive list of currencies, dependant on the supporting broker. Companies under the LimeFX umbrella are also regulated in Australia and South Africa. Start trading on dozens of currencies at RoboMarkets with powerful analysis tools and pattern recognition technology. There can be numerous reasons why the OSC chooses to warn the public about a financial service.

Moved to these guys about 5 months ago as I liked the idea of funding through bitcoin. Withdraws have been speedy and deposited no probs with card and BTC. It seems clear that you have been defrauded by a scam website impersonating us. If you check the exact website address letter by letter it will not match precisely. Solid broker, very helpful, great information and masses of trading opportunities…..

Also, the broker covers some major countries such as the United States, the United Kingdom, Australia, Germany, China, South Africa, and many others. Commission fees usually apply on LimeFX, and you need to be aware of that when it comes to CFD instruments. LimeFX does not hold a regulatory license and therefore will not provide the same level of protection as providers. LimeFX does not hold a regulatory license and therefore will not provide the same level of protection as providers with well-known regulatory bodies such as the FCA or CySEC. Suggested companies are based on people’s browsing tendencies. Crypto pair choice seems to be also a big sell, over 30 to choose from and a good selection of forex and indices.

Fact is those complaining about this broker don’t know how to trade

Yes, clients can trade on the NASDAQ along with a handful of other major exchanges. Contacting customer support was an overall good experience for us. LimeFX offers frequent newsletters and they are teaching people how to trade.

Make sure you sign up with a trusted forex broker to give yourself the best chance of success. In 2011, two directors at a marketing firm were charged with fraud after cheating clients out of more than $108 million between July 2008 and September 2009. The two scammers used a mixture of a Ponzi scheme and selling false signals, promising clients unrealistic forex trading returns. Offering a range of accounts, including ECN, InstaForex can reduce average spreads to just 0.1 pips. The range of pairs offered is also among the largest of any broker.

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