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This authorization means that users will have less or lower risks in CFD and Forex trading. With CySEC regulators, the 2003 Forex trading broker is considered a reputable one. The rating is also pretty high, which make this FX with Melbourne as headquarter can complete the trusted transaction. Trader Protection specialises in assisting limefx website victims of online trading scams in getting their money back and getting their lives back on track. The lack of regulation from reputable bodies, poor customer reviews, fake reviews, and harassment from customer support are signs of a rogue broker. On the website, limefx offers various types of promotions to investors.

limefx scam

SENbit claims to be based in Thailand and have service centers in Singapore, South Korea, Hong Kong, China and Macao…. The BCSC became aware that a British Columbia resident was solicited by a representative of XForex and was able to open a trading account with XForex. According to the BCSC, XForex claims to be a contracts for difference broker based in Cyprus. Alternatively, you can open chat if you would like to discuss your account. Click the ‘VERIFY ACCOUNT’ button in the email to complete activation and access your REVIEWS.io dashboard.

Forex Lawyers – Forex Trading Scams

This account type does not charge any overnight fee and so, is completely compliant with Sharia law. As an EU or UK trader, you also have the added protection of the ICF which is a special insurance fund that covers up to €20.000 or £85.000 if something were to happen to your money. With the XTB education section, you should find plenty of content to help you out on your learning journey. This includes a very detailed FAQ section that can provide a good level of support for the most common questions and a support team that is available on 10 different phone numbers. You will also be able to trade Bitcoin and many other cryptocurrencies at XTB as CFDs. There are more than 30 cryptocurrencies available including Bitcoin, Ethereum, Litecoin, Ripple, and others alongside a total offering of 50 crypto assets.

  • Nice conditions and outstanding branded trading platform, which is well optimized and has a smooth intuitive interface.
  • TradingBeasts helps individual traders learn how to trade forex, cryptocurrencies and other assets as CFDs.
  • This comes in the form of negative balance protection, meaning you can not lose more than you have deposited in your account, and the holding of your funds in segregated accounts.
  • Now that you have seen the process is relatively easy to get started.

I declare that the provided information is true, correct, complete and submitted voluntarily. I undertake the obligation to inform immediately limefx in writing in case of any change to that information and to provide any other data or documents, if necessary. By submitting my personal details, I consent to be contacted by limefx, by any communication means provided. This review site highlighted that there was an influx of fake positive reviews between January and April 2019.

Forex Risk Disclaimer

The contract value of one Index CFD equals the price quoted in the currency of the Index. The broker offers the market fixed spreads between the buy and sell prices and no commissions. Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector. XTB customer service is excellent and works well at catering for all your needs and questions as a trader at any time. Firstly, then have a detailed FAQ section available to access on the broker website that provides the answer to more than 30 of the most common questions.

Can MT4 be hacked?

It is also worth mentioning that even if your MetaTrader (MT4 or MT5) account gets hacked, the worst thing that the hackers can do to it is ruining it with bad trades. They won't be able to withdraw funds from it.

Since it is a controlled organization, limefx is required to follow the international policies adopted in the financial markets, which include the Know Your Customer and the Anti-Money Laundering regulations. If you trade on the market, you should first be aware of a broker’s regulatory status before you sign up with them. You will experience peace of mind if you deal with legitimate brokerage firms because you will know that your funds are safe and that your personal data is protected.

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TIRN promised high yield returns of between 9% – 22% by using “professional money managers” investing in the Forex market. Yet in reality none of the trader’s money was invested in the market and TIRN’s operators misappropriated around US$15 million for their own personal benefit. Giambrone & Partners is a leading mid-size international law firm with a team of experienced lawyers specialising in Forex fraud. Giambrone & Partners assists victims of Forex fraud in civil and criminal actions against unregulated limefxpanies, online internet fraudsters and pyramid schemes created on a Ponzi-style structure. Giambrone & Partners also specialises in legal actions against Binary Options trading companies.

limefx scam

It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation. If I don’t like something about broker, I won’t tolerate it. Let me spend a lot of time, but I will look for more suitable company. limefx seems to me quite an acceptable broker, everything because the platform works stably, without any interruptions.

Why Does The Company Have Different Offshore Addresses?

CFDs are complex instruments and bring high risk of losing money because of the leverage they provide. No information or opinion contained on this site should be taken as limefx advice, personal recommendation, or an offer of, or solicitation to buy or sell, any financial instruments. Past performance should not be considered evidence or guarantee for future performance. The overall impression after the limefx review is that the broker brings stable and reliable conditions to Trading. Their main offering is based on a fixed spread with no hidden fees, a powerful online platform and an extensive variety of trading instruments.

Yes, limefx offers a demo account with all the capabilities and options available with a real money account. ActivTrades – ActivTrades offers online trading on the MT4, MT5 and ActivTrader platforms. At the time of writing there are no welcome or deposit bonuses on offer. However, they do run periodic promotional campaigns and have been known to drop minimum https://limefx.vip/ deposits, offer deposit bonuses and even team up with international football star Cristiano Ronaldo. It offers its own platform and I fully support such a solution from its side.Less expenses equals more profits for the clients, because the company will not pursuit money. Right after joining this broker, checked out video tutorials, which are proposed here.

Accidentally faced this company in the…

Mobile versions of this platform, too, allow you to trade on the go. Cyprus joined the EU one year after its formation, which means limefx automatically gained access to other EU markets. With CySEC, the regulatory body that had to adapt its legislation to harmonize with EU markets, it went through all the political changes. After EU accession, many other brokers raced to Cyprus to open their full-potential business on the island. Cyprus has become one of the major Digital trading destinations and most limefxpanies prefer to run their offices from there.

What is the minimum deposit for Xtb?

XTB offers two live trading account options, Standard and Swap-Free, neither of which require a minimum amount deposit. However, the recommended minimum deposit amount is $100 USD / R1600 ZAR in order for the first live trade to be made.

In order to unlock your deposit bonus, you will need to generate points. All Majors, Minors and Exotics award points at the ratio of 1 XPoint per $1,000 in currency traded. We feel this would be the best currency to trade in order to clear the bonus. The number of points required varies per deposit amount and will be confirmed at the deposit process stage. Besides these, the other features available include an exclusive welcome bonus that, depending on the trader’s choice, can be in credit or cash. The Autochartist Market Alerts, Reports, and Forecasts provide traders with valuable insights into the markets and how they can profit from market movements.

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XTB is a DMA Market Maker broker offering very competitive pricing and spreads with no minimum deposit. They are very popular with EU traders though there is a withdrawal fee under certain amounts that can discourage casual traders. Founded in 2002 in Poland, XTB is an experienced broker in the industry.

Can I trust CMC Markets?

It is regulated by several authorities globally, including the top-tier UK Financial Conduct Authority (FCA). The company is also listed on the London Stock Exchange. Having a long track record, being listed on a stock exchange and being regulated by top-tier authorities are great signs for CMC Markets' reliability.

The daily video market updates are here to make it easy for you to understand what’s happening on the market and make informed information-based trading decisions. Standard account users can also enjoy a 1-on-1 tutorial on the website, where they are taught more about trading on limefx. The company is also regulated by other foreign bodies such as South Africa, IFSC . Their headquarters is in Cyprus and is also controlled by the CySEC .

  • In order to unlock your deposit bonus, you will need to generate points.
  • This level of regulatory oversight and compliance shows the seriousness with which XTB takes your security as a trader.
  • This review site highlighted that there was an influx of fake positive reviews between January and April 2019.
  • If you would like further information about protection, the authorised or registered firm should be able to help.
  • All contents on this site is for informational purposes only and does not constitute financial advice.

The feature includes leverage, commission-free, account manager, gifts, reduced spread, market alerts, and many more. We have scanned fees that limefx charges when trading popular currency pairs, here is their breakdown in pips. Trading in FX and CFDs involves a high risk of loss due to the leveraged nature of the trading which might lead to the total loss of your capital and which might not be appropriate for all types of investors.

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