LimeFx scam: LimeFx Review 2023 Is Legit or Scam

LimeFx scam
LimeFx scam

Smart investors always have their primary broker, and a backup broker. 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. LimeFx will delay the process for months if you want to withdraw your funds, regardless of whether you have profits or not.

LimeFx scam

If they delay it for a few months, you might no longer be able to get your money back or even file a charge back. Your money might be forever lost without professional help. After making the initial deposit, victims are https://limefx.vip/ transferred to a more sophisticated scammer known as a “retention agent”, who takes more money from unsuspecting victims. As far as the charting solutions and interface is considered, this broker uses Sirix platform.

In summary, regardless of the trading conditions provided by Markets-Cube, we do not recommend that you trade with it, because it is not regulated and may be a scam. Markets-Cube can cause huge losses to his customers, so in our opinion, he is a potential liar. When reviewing a new Forex broker, the first thing a serious investor looks for, is a valid brokerage firm license.

LimeFx is owned by Prisma Global LTD which is an offshore company registered in the Marshall Islands. Potential clients without sufficient knowledge should seek individual advice from an authorized source. LimeFx is owned by Prisma Global LTD., a company registered on the Marshall Islands. As for payment methods, LimeFx accepts Master Card, Maestro, and Visa. Also, via wire transfers, every trader can make a deposit and trade directly with the broker.

How to Spot a Forex Trading Scam

Sirix is a user-friendly Forex platform created for social trading. It was developed by Leverate, which deals with IT components and provides specific services for FX Brokers. Leverate was established in 2008 and was officially launched on the Sirix platform in 2014 for all its customers.

  • Sooner or later, customers do not want to believe that brokers like LimeFx are cheating them because they have invested so much of their money already that want the bad dream to be over.
  • If they delay it for a few months, you might no longer be able to get your money back or even file a charge back.
  • Unfortunately, the number of fraudulent crypto brokers is greater than regulated and legitimate financial services.

Brokers that are not regulated mostly operate in the following manner. They will reach out to people through various means like phone calls, or social media; to persuade them to make the initial minimum deposit. LimeFx is simply another unregulated financial institution that is highly likely to get away with your hard earned money because there is no regulating agency to hold them accountable. I had a Boris Hunt at first as an account manager but he disappeared after pressuring me to invest in more money, which I didn’t.

However, days and even weeks go by and the LimeFx login still does not allow access to your account. At this point, you can feel confident that LimeFx is a scam, but unfortunately, limefx scammers by this time, they may have absconded with your funds. If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.

What a terrible experience I had with…

This usually means that the broker is implementing practices that are contrary to regulations or signing up customers in regions they do not have a license to operate. LimeFx, like many other crypto schemes, promises returns that can’t be guaranteed. This creates not only disappointment but is an ethical problem for any broker.

LimeFx scam

Before reading the review, you should familiarize yourself with the phenomenon of brokers disappearing and broker login problems, understand why and how it happens, how to avoid it, and what to do about it. However, remember that not all unregulated brokers are frauds, but the vast majority certainly is. Ever since online investing became mainstream, the trading world has been plagued by offshore scam brokers. Many people have lost tens of thousands of dollars to these kind of fraudsters who unfortunately still operate to this day. With such lack of information and LimeFx being unregulated, funds are not safe.

LimeFx Broker Review

To check their customer support service and its benefits, we contacted them directly on their website. By talking to one of their agents, we discovered that LimeFx has English-speaking customer support which is ready to help and respond to all your requirements 24-5. Let our chargeback experts provide you with free instructions on how to recover funds at your bank. The latest LimeFx review suggests that the company operates illegally and without a proper financial regulatory license. Confirm addresses and LimeFx contact information to ensure that it is accurate.

Unfortunately, many of these brokers use these opportunities as a way to trick people out of their crypto coins. After investigating these suspected crypto scams carefully, we are adding LimeFx to the blacklist. ReportScamOnline now considers LimeFx to be operating an online scam. We recommend that our readers not trade with this broker and if lime fx you have an open account with this company, we suggest you try to withdraw your funds as soon as possible. Minimum deposit amount for a new trading account was not displayed on their site. This broker offers your Bonus Money, which may sound like a good idea, but it leads to many complaints by new investors who do not understand how it works, read this.

LimeFx scam

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. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information.

How to Avoid Losing Money in Cryptocurrency

Many of our clients who have been cheated note that when they asked for information, the broker was evasive. If LimeFx asks for fees for withdrawals, deposit, and leaving an account inactive, check that these fees are in line with the industry. If LimeFx asks for a withdrawal tax, this is a sure sign of fraud. How can clients know ahead of time that the broker will simply take off with their money one day?

If you have already deposited money with LimeFx, and you have been unable to make withdrawals; which is very likely, don’t worry, there may be a way or two to get your money back. To find out if we recommend LimeFx for trading, read our review. This is a LimeFx (marketscube.com marketscube.net) review by FinRecoveryInc. Along with the tutorial and ebooks, there is a section explaining different market trading strategies as well.

Withdrawing funds

Risky assets like crypto or forex can’t be predicted and can rise and fall quickly. There is no way any broker can guarantee clients will achieve a certain level of return. LimeFx has been flagged for having a negative reputation. This is not just due to negative customer reviews, but includes notifications from regulators and LimeFx may have had been the subject of poor press coverage. You can find a broker that is reliable and do not need to work with a broker that has a shadow over it.

The reason people will only use a licensed broker, is so that in the event that the brokerage firm goes out of business, their money is protected by a government regulator. There are many licensed Forex brokers who you can trade with, see below. In the United Kingdom, brokers are licensed and authorised by FCA, and in Cyprus the financial regulator is CySEC. We have investigated LimeFx login complaints and have checked out this broker’s service. Our experts have done a brief intelligence report on LimeFx login and have found the following results.

Make sure to check if the LimeFx platform is legitimate and does not have bad reviews. If the platform has bad reviews, this is a definite red flag that the LimeFx platform may have a general trend of allowing scam brokers. This sounds like a scenario in a horror movie, but unfortunately, it occurs often.

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