- deborrah davis-
- February 19,2021
Contents
If you are unsure if this is what you need to be doing, consult your fund recovery specialists for their opinion. You can also contact an independent professional to perform a background check on the broker; he or she will have access to databases that are not available to the public when running a search online. Lastly, when in doubt ask your lawyer before proceeding with any transactions with the broker. Broker Complaint Alert helps victims of LimeFX fraud, forex scams, crypto scams, and any type of fraud that happened to you.
The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with. LimeFX could go bankrupt from one day to another since there are no banking information about this broker. I strongly do not recommend any LimeFX but rather evade any relationship with https://limefx.name/ LimeFX. I’m happy and satisfied with the brokerage, trading for 5 months and everything is working as it should be. Try to talk me in to sell my farm and they wouldn’t pay me out after after I had marcon to win election stay cleAr from sweet talking …….. 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.
Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money.
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Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. On 08out I sent new Mail to the customer service asking for information about why not return my account balance, and did not have any response. If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Anybody else on here had account wiped on marketscube out by fictitious trades done not by them, told me i must have been hacked, but logic dictates hacker didn’t benefit so who did.
- However, with fraudulent brokers, the only end to the bad dream is successful fund recovery, because they do not return money to their victims willingly.
- CyberScamReview.com – a blog which has been spreading awareness regarding online crypto scams since 2020.
- You can decide for yourself if LimeFX is a good broker for you or not by reviewing the criteria.
- We are also a community of traders that support each other on our daily trading journey.
- Another thing you can do is prepare a letter or email for the regulating agencies.
However, remember that not all unregulated brokers are frauds, but the vast majority certainly is. LimeFX is not overseen by any regulatory entities. A regulated broker equals a more responsible trading environment. It may have a nice website or active social media page, have a friendly approach, claim to have a valid license, and gives you an offer you don’t feel you can refuse–perhaps 1% return a day on bitcoin trades. You do the math and realize that soon you will be seeing triple-digit returns.
The Trustpilot Experience
Current licenses and permits to import personal money into a selected territory are an important requirement for any broker. Ultimately, choosing a mediator is one of the basic decisions. You will be connected to this broker for a long time, you will call him with him to raise your own funds.
LimeFX is a unique online brokerage dedicated to providing traders with all they need in order to maximize their profits. Our traders enjoy conditions which allow them to become highly successful traders quickly and easily. A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support.
- Before deciding to trade Forex or any other financial instrument, you should carefully consider your LimeFX objectives, level of experience, and risk appetite.
- 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.
- Sure, you could just consult customer review sites, but there is no way of verifying if these reviews are created by actual customers.
- However, if you have used them or planning to indulge with them, then be cautious and start with the minimum deposit.
Any of the above scenarios may be the case with LimeFX. The bottom line is that this broker does not have an adequate license. Plenty of brokers falsely claim to have a license and may even present a thoroughly counterfeit image. This is why it is important to verify all licenses on regulators’ websites.
And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore. You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. Well, there are bad brokers out there that simply want your broker funds for themselves.
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One of the most prevalent online trading scams is to initially display profitable trades that give the investor a false sense of confidence, and get them hooked to the idea of ‘easy money’. Once this confidence is established, the investor will be marketed the idea of investing more money to earn greater returns. Additionally, other incentives may also be provided to encourage the investor to get their friends and family onboard the platform too. LimeFX is a Forex Broker offering Forex Trading services via Sirix Mobile and Web trading platforms.
Any referrals to 3rd parties may have computational rewards. The team at MyChargeBack – a specialist group dedicated to helping consumers recover funds lost online – is available 24/7 and has helped consumers all over the world recoup millions of dollars. You are not the first and you likely won’t be the last.
Please verify whether the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business. Obtain a copy of their registration form from the regulator’s website/regulator’s office. Take a look at what you can find on their website, examine what kind of information they have, and check out whether they’re registered. These details may not be available for public access so it is better to get it confirmed by the fund recovery specialists. If the broker is not registered with the authorities, you may not get the desired legal help from the authorities in case of any mishap or scam. Make sure to choose the broker that is registered and licensed.
If LimeFX has acted in any of the following ways, it’s more than likely that you have already been tricked or that you are currently involved in a scam. I don’t have enough experience in trading, but I decided to try to work with LimeFX. Because I was hospitalized I could not receive telephone calls so the business I did was exclusively at my own risk. I consent to have this website store my submitted information so they can provide me with assistance.
Before you can invest in CFDs, you need to acquire a lot of knowledge. Knowledge of the platform itself is a priority and in our opinion this is the best way to really discover it by creating a demo account. By creating a demo account, we were able to fully use the platform and study the subject of finance. This special use of the platform will allow you to be completely ready to use a real account, as well as learn all the necessary methods.
🆓 What is the MarketsCube minimum deposit?
Mistakes can happen even with the most cautious of investors, and should be used as a learning opportunity. Broker Complaint Registry’s mission is to assist victims of online scams. Leads may be provided to third-party vendors that offer compensation in return.
Choosing the right interface language is extremely important, so make sure the LimeFX language is right for you. Who’s the Greatest Foreign exchange Forex Broker, is a really normal query, as a result of every investor has their very own necessities in a Forex Broker. Good traders all the time have their major Forex Broker, and a backup Forex Broker. You possibly can see our checklist of hottest Forex Brokers. 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.
Passions and thoughts on money cause different emotional states, which means different decisions. A brilliant investor does not forget about it and remembers its importance – knowing that when we lack logical thinking in search of fantasy, it usually leads to extreme disappointment. That’s why you need to work with your beliefs about money, LimeFX, risk and, of course, profits. Science offers us various ways to learn how to manage emotions and resources in this matter, they are easily available, just reach them or simplify them even more – ask an expert on this topic. Before you choose a broker who recommends funds, try their notes on our blog or on the Internet.
Social trading is popular nowadays and they allow the people who cannot afford to spend time in front of the charts to take advantage of the markets. However, do remember that even if you are copying someone, limefx reviews you will not get the same execution as them as delays are inevitable. Unfortunately, we do not know the leverage they offer across various asset classes as they have not mentioned that on their website.
A little bit of preliminary research can go a long way in protecting you and your finances. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations.
Trading in CFDs carry a high level of risk thus may not be appropriate for all investors. Read our LimeFX review carefully to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a marketscube.net review. After taking a look at their website, it shows that they do not fall under any regulating…