However, these accounts offer the lowest spreads and the advantage of a dealing room where traders can benefit from other trader’s knowledge. Finally, we appreciated that UFX Markets offers referral benefits for Forex traders who suggest the platform to other traders. DailyLimeFX adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence.

This website is free for you to use but we may receive commission from the companies we feature on this site. Traders on LimeFX also get access to a demo account which is free and unlimited. This is irrespective of the account type or platform used. LimeFX has an extensive forex trading course for beginners and advanced traders. This course is available on the LimeFX website. There is also a facility for 1-on-1 tutorials with an in-house forex expert.

LimeFX Scam

The problem is that TRUE FX MARKETS will try to delay your withdrawal process as much as possible so that they can keep your money for longer. Six months is all it takes for them to get it for good and you won’t be able to request limefx reviews a chargeback anymore after this period. Make sure not to sign any document they give you because this could be bad news. Do not offer them written authorization to do whatever they want with your funds, in the form of a signature.

Any referrals to 3rd parties may have computational rewards. If a broker is not licensed by the regulatory authority in your jurisdiction, that likely means that they are unregulated and should be avoided. Even if the brokerage is regulated, it is best to avoid it if the regulator happens to be outside your jurisdiction. UFX is an online trading broker owned by UFX Global Limited & Reliantco LimeFXs Ltd and located at Govant Building, Kumul Highway, P.O. Box 1276 Port Vila, Vanuatu. 10TopCryptoBrokers is an information terminal for Bitcoin and other cryptocurrencies.

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A little bit of preliminary research can go a long way in protecting you and your finances. Please take a moment to register on our website so you can get all the latest reviews and free E-Books. Clearly explain the situation and let them know which of the charges were made that you specifically told Daniel Sillers to not to do.

• Labeled Verified, they’re about genuine experiences.
• In addition to all features of Mini account will give you VIP support and exclusive updates.
• In addition to all awards stated in this LimeFX review, this broker was also awarded with the Best Professional Trading Platform 2014 by the FX Report.

Helping people stay away from scam brokers like TRUE FX MARKETS is our duty and we are proud to inform and help you in any way we can. We definitely DO NOT recommend TRUE FX MARKETS as your trusted online trading broker because everything they do is a scam that is meant to steal your money and personal information. Be very careful when picking your broker if you want to be successful and have a safe and secure career. Always choose a regulated and trustworthy broker to work with and your trading endeavors will soon become fruitful. When they refuse to give you your money back, you can request a chargeback from your bank or card provider.

Scambook Score

This can cushion the blow that you might experience as you’re just getting started in the industry. If you’re investing with house money, you can afford to take a few lumps while you figure out the best ways to make cash. Unregulated brokers have a basic way of tricking people into getting their money and personal info.

Standard Account – Traders depositing a minimum of $1000 qualify for a standard account, which offers better spreads than smaller accounts, and additional support for traders. More experienced traders can take advantage of other offerings that are geared for advanced traders. Examples include Forex trading signals which are available with any Advanced Account , and charting tools which are available with any https://limefx.club/ Platinum Account (minimum initial deposit of $10,000). Although it was surprising that only Platinum traders could use the charting tools, there are so many free options available that we were willing to overlook this inconvenience. Although many Forex brokers try to repackage the standard MetaTrader4 platform as their own, UFX Markets has its own unique platform, which we found to be a refreshing change.

Full Review

Interestingly, we also did not receive an email confirmation, though we did receive a confirmation on the website itself when the email was submitted. There are no minimum or maximum withdrawal limits except the ones imposed for certain methods of transaction. Withdrawals are sent to the same method of transaction used for the deposit of initial funds received. The recipient’s name on withdrawal requests must match that of the account holder as well names supplied on personal and residence identification documents. In addition, there is a platform tutorial which teaches new traders how to use the LimeFX platforms on a step-by-step basis. The educational suite is rounded off by a video library of lessons as well as a forex glossary so new traders can understand the forex lingo.

Micro Account – Available for deposits from $100-$499, these accounts have the lowest minimum trade size ($500), and are a good place for novice traders to hone their skills. You will be required to deposit between 500 USD and 1,000 USD in order to get it. With Mini account type you will be able to access educational video library, additionally you will get market reviews, recommendations and personal trading trainer. After conducting some research on various social media platforms , as well as online trading forums, a general theme emerged where users were dissatisfied with their experience with UFX.

Several offers and bonuses are available on LimeFX. Then bonus amount also added this account the total amount was $650. I here talling to new person who is interesting in trading forex and commodities.

• MassInsights by UFX will show you all major market events as well as percentages of buy and sell orders made by the UFX markets traders.
• Withdrawals take slightly longer than withdrawals with other Forex brokers, and the wait time can range from 48 hours to 5 days depending on the method of withdrawal.
• We were surprised to see that we did not need to provide any personal details in order to open an account.
• For this reason, the registration process was completed in seconds, rather than minutes, which was most enjoyable.

In addition to all features of Mini account will give you VIP support and exclusive updates. If you LimeFX and Saxobank have to be a professional trader . 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. Be careful and verify your information through multiple sources. Constant vigilance should be applied at all times when sending money online. There are a lot of brokers out there operating under fake company names or that have other fraudulent operations.

When I had 500$ in my account they put on minimum oill for 188$ when the account balance is gone up the minimum oil to buy been … 1.yes the same guy encouraged me to add more money and recommending trades,many time i told him i dont have money but he keep trying and pushing me until I accept . We were surprised to see that we did not need to provide any personal details in order to open an account.

Islamic Account – Traders who require an Islamic Forex account can find what they’re looking for at UFX Markets. While these accounts function similarly to standard Forex accounts, they require a $1,000 minimum deposit. B) There is a Refer-a-Friend bonus which is given to those who refer live account holders to the LimeFX platform. The maximum payable amount under this program is $1000. The more traders who open live accounts are referred, the more the referrer gets.

I even challenge him to go compare the trades coz its obvious. I was glad at least I did get back my $, but all in all, I still lost from the USD9700+ and with a gain of abt USD2000, thats abt USD7000+ of losses between these TWO jackxxxx. But to be fair, UFXBanks and LimeFX did honor my withdrawal. If you’re looking for a Forex brokerage that offers more than just a straight up trading platform, UFX Markets should be high on your list.

We are committed to the fair handling of reviews and posts regardless of such relations. That would be a “mental stop”, not a properly entered one designed to protect capital even if the internet goes down or the trader steps away from the computer at the wrong moment. The minimum and maximum deposit limits on LimeFX are dictated by the transaction methods used.

We have excellent ones here in Australia which are globally recognized and regulated by all major regulatory commissions. Believe me I’ve gone through all the legal and formal channels and no one from the CySec commission or form UFX Markets has ever bothered to even acknowledge my complaint let alone do anything about it.. He takes remote control of the client computer to execute some trades. That would make it look like you put the trades in yourself if this ever got investigated by the authorities.

LimeFX has a very good educational base for those who are new to forex. The company has also been able to setup different account types, allowing traders to identify which account types will be better suited to their trading styles. Traders should take up this opportunity to make the best of the opportunity provided by LimeFX. Summarizing, LimeFX Forex Broker can be a solid choice for those who are looking for the CySEC regulated broker with several awards and insights on traders positions.