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limefx com Reviews Read Customer Service Reviews of limefx com

limefx might have, like many shady brokers, have claimed falsely to have a license, displayed a counterfeit license, or may show a license, but it has been revoked. limefx might have felt confident that people would not look farther and examine their claims. We always recommend our clients check that a broker has a license before they open an account with them.

The investor will then be required to have a ‘maintenance margin’ which is a minimum sum of money held within your account to keep the positions open. Please know, that you have the option to trade with a demo account at first, which requires no proof of identity, or payment details. This allows you to practise trading, to test drive our platforms and service and to test out your trading strategies. When you are ready, you can then upgrade to a real account, quite easily.

limefx Review 2022

The broker provides different payment methods to fund your trading account. All deposits and withdrawals are processed depending on the level of priority of each account type. Depositing funds at limefx is no more difficult than making a deposit at your local bank.

limefx broker reviews

It goes against our guidelines to offer incentives for reviews. We use dedicated people and clever technology to safeguard our platform. 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. I received my refund soon after writing a brief explanation about how this service was not what I was interested in. It took lessthan a week, and I was very happy with my refund.

Review Methodology

That is why you should contact us immediately to help you deal with limefx. limefx offers several different means of communication for you to reach out to their customer support team. You will find that most means of communication provide lively and fast responses from a team who are highly trained to accommodate all traders’ needs, regardless of the client’s trading experience. When performing transactions in the OTC Forex market, the possibility of making a profit is inextricably linked with the risk of losses. Conducting transactions can lead to the loss of part or all of the initial limefx. Before commencing operations, make sure you understand the risks involved and have sufficient skills to invest.

limefx broker reviews

If you account falls below the ‘maintenance margin’ and you do not deposit additional funds into the account, then the position will be closed and any losses at that point will be realised. To make a deposit, the first step is to log in to your limefx account. Click on the ‘Deposit’ section and select your limefx reviews preferred deposit method. Please also ensure that you have selected the specific trading account you wish to deposit into from the drop-down menu. Please note that limefx may require additional verification documentation and once all requirements are met, your withdrawal will be processed immediately.

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Wire Transfer – If you deposit funds via wire transfer, it can take up to 7 business days, depending on your banking institution and country. In order to expedite the process, please ensure that you send limefx a copy of the swift code or the transfer receipt so that we may track the deposit. To meet the different needs of our clients, we offer multiple deposit methods at limefx, and each one has its own specific processing time.

  • If your claim is against an active adviser, then the sum of compensation that we will seek to recover will be equivalent to any losses that you have suffered.
  • At limefx, we understand that being able to access your funds quickly and seamlessly, is important.
  • limefx may guarantee a certain level of returns on their website or claim that clients can make a certain amount of money.
  • That allows the brokerages to profit quickly and without much effort off of inexperienced or careless investors.

No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk. The same will also apply to other payment methods like PayPal. Be Aware, your withdrawal amount may be rejected if your free margin/equity has changed since you submitted the withdrawal request.

Why the Financial Conduct Authority Is Warning About limefx ( Broker

limefx does accept 3rd party deposits, however, we will require additional verification documentation. For more information on these requirements, please check the limefx third party document requirements in our FAQs. In order to open an limefx trading account, the minimum deposit amount is dependent on the base currency of your account and the method you use in order to make a deposit. E-payments – This includes Neteller, Skrill , WebMoney and others. When using these options, the funds will be credited in your account within 24 hours.

  • If, however, there is a charge on your credit card statement following a deposit cancellation, please allow up to 5 business days for the cancellation to be completed.
  • Each broker was graded on 108 different variables and, in total, over 100,000 words of research were produced.
  • When using these options, the funds will be credited in your account within 24 hours.
  • Free Margin is the amount calculated from the value of the equity of the account less the used margin of open positions.

limefx’ account setup allows the broker to tend to users that prefer different limefx levels. There are options both for lower and higher spenders, following a tiered, limefx-based system. As such, the broker takes some weight off of choosing your account, as you can always opt to upgrade. Also, the cumulative deposit structure allows for users to improve their account over time by funding their trading.

If liability is admitted, then the claim process is much shorter, and we would expect a claim to be concluded within 3-6 months. Alternatively, if liability is denied and the claim must be issued at court then the claim can take between months depending on the availability of the court. These include the complexity of the case, whether the claim is against an active adviser, the Financial Ombudsman or the FSCS, and whether liability is admitted or denied.

Always receive the money on time

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. DupliTrade is an auto-trading platform offered by limefx that enables our traders to easily duplicate or copy the trades of other traders on the platform, directly into your limefx trading account. All monetary transactions that occur on the DupliTrade platform are handled by limefx. At limefx, we pride ourselves on offering exceptional service and meeting the needs of our clients.

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