Lime Fx provides access to several types of accounts varying in spreads. When registering, clients can choose between Standard, Premium, or Privilege accounts, as well as a cent account. The major drawbacks of such an approach are the lack of obvious distinctions between accounts and the lack of transparency to clients in general. As we mentioned about Lime Fx reviews, clients had issues with withdrawals.
The exact operating period is not stated on the official website, but Lime Fx boasts awards received in 2022, 2023, and 2024. Therefore, it can be assumed that the platform was launched in 2022. The domain Lime Fx.com was registered in 2000, but snapshots from WebArchive show it was only acquired in 2022. All this data confirms that the broker started operating in 2022. We cannot claim that this is a scam, but we also cannot speak positively about the platform.
Lime Fx.com Reviews
The portal administration is not responsible for the loss of financial resources by clients, as well as possible harm caused to them in connection with the published data, including lost profits. Next, Lime Fx informs that the application is under review, but after this, the personal cabinet is still open. Moreover, the potential client has to wait for the review of their application, which delays the process of starting trading.
This means that clients get access to benefits the moment they make the minimum deposit amount. The administration supports features such as an economic calendar and a calculator. Educational resources consist of e-books, webinars, podcasts, and tutorial videos. The applicability of these resources is debatable, as much of the information provided is general in nature. Lime Fx has gotten my attention after knowing how many bonuses they offer to customers.
Account Types
Scammers employ persuasive tactics to convince you https://limefx.club/ to make an initial minimum deposit. They entice with promises of doubling the deposit within 24 hours and similar claims. After obtaining the initial deposit, more experienced scammers may be brought in to extract additional funds. The cycle persists, but it is possible to put an end to it, even if you’ve fallen victim to their deceitful promises.
This spoke highly about the reliability and credibility. What I liked about Lime Fx broker, they focused on delivering more reliable and simple to use trading service, rather than hide cons, by cool features. This is even confirmed by still usage of the mt4 platform, outdated and old, who cares, if it works without flaws.
Report a Fraud Case & Claim a Refund from Scammers
Examining the web version of the platform reveals several weaknesses. The interface of the terminal is simple, with limited features offered. Liquidity issues are obvious and are directly related to leverage and financial losses incurred by clients. Stability in the terminal limefx courses scam is poor, and there are significant delays in order execution. Lime Fx offers access to currency pairs, indices, commodities, futures, and stocks.
Verification can help ensure real people are writing the reviews you read on Trustpilot. 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. Keep trading gold nonstop and thanks to Lime Fx conditions I don’t lose a lot on trading costs. This broker honors its clients with the academy provided. Hello Ahmed Touati,We’d like to thank you for your kind words! We put a lot of work into making the platform easy to use and adding new features, so it’s nice to see that it pays off.
Who in their right mind would trade with such an openly fraudulent company? No license, a short operating history, plus many fake positive reviews. The broker has also added an online chat feature to its official website. Sometimes they might even ignore and not reply. A serious company should assist clients quickly.
The Trustpilot Experience
However, there is no exact number of assets available. And if traders use the platform recommended by the administration, their trading opportunities will be significantly limited. Only live account with a minimum deposit requirement of 200$.
Unauthorised firm details
The verification process typically involves submitting certain documents to confirm the trader’s identity and address. Once registered, users gain access to the Client Portal, which can be described as a standard and unremarkable interface. While it may lack innovation or standout features, it does provide all the necessary functions for managing one’s trading account. Users can view their balances, make deposits and withdrawals, access trading tools and resources, and monitor their trading activity.
However, to be fair, there are some positives. For instance, the Lime Fx website supports 12 languages in addition to English, covering both European and Asian markets. The company has also provided the necessary documents and a risk warning. Lime Fx falls into the category of UNREGULATED platform. When choosing a platform, caution is warranted if the company lacks regulation by any overseeing agency. This should serve as a warning that your funds may not be secure, and there’s no protective regulatory framework.
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- There are plenty of images, but they all look the same and seem generic.
- Don’t rush to celebrate and think that Lime Fx is a legal and safe broker.
- On YouTube, the company’s performance is poor, with less than 10 views per video.
What’s wrong with this broker is that there is a warning issued against them by CNMV (Spain). Since Lime Fx is fresh on the market, only since 2022 this is a very quick achievement. To sum up, I think Lime Fx (Tradeco Limited) is not a safe enough forex broker.
If you know any scam projects that were not reviewed by our team, please contact us. Fill the form below or Use our Chatbot and get a Free Consultation from CNC Intelligence Experts, they can assist you by investigating your case and tracing your funds. You should also contact your bank as soon as possible and let them know about your issue.
Lime Fx Review by Expert: Is It a Fraud or Safe Broker?
Companies who register their domain name for a longer-term (up to 10 years) mean to continue their business for a long time. Most scammers sell the name of their websites after a few months once their scam has become common knowledge. You shouldn’t trust such firms because they operate without serious regulation. The platform could work against you, and believe me, it will.
- Traders are encouraged to explore alternative brokers with a solid reputation and a history of positive user experiences to safeguard their investments and ensure a secure trading environment.
- If you deal with this firm, you won’t have access to the Financial Ombudsman Service if you have a complaint.
- Assessing the safety of Lime Fx requires careful consideration.
- If you check the official SFSA registry, such a company exists there.
- The official website and personal account section contain links to download programs.
- Although the company is regulated by an offshore regulator, it offers unprofitable trading conditions, e.g., high leverage.
Let’s start by analyzing the broker’s website, and to be honest, there are some things worth noting. The site, to put it mildly, does not look great. It seems like Lime Fx picked the loudest colors possible and decided to mix them all together. This is irritating and does not look professional. Everything on the site is either neon green or dark blue, as if some teenager tried to create a “cool” website without realizing that bright colors do not always mean stylish design. Visually, the site is overloaded, making it hard on the eyes.
Whether you’re a beginner looking for something simple or a pro who wants top-tier security, we’ve got you covered. From hot wallets for quick access to cold wallets for ultimate protection, here are the nine legit Bitcoin wallets to keep your crypto safe and sound this year. The footer mentions the legal entity — Tradeco Limited. If you check the official SFSA registry, such a company exists there. One of the primary concerns with Lime Fx is its lack of regulation by reputed authorities such as CySec, ASIC, FCA, CNMV, and others.
