Furthermore, all the withdrawals I made during the test period ended up successfully. My approach to assessing new brokers is very simple but my trading experience tells that it works. So, I expect from a broker not to prevent me from trading as I wish. If I notice that a broker doesn’t allow me to enter or exit the market at the required price, that’s not my broker and I will look for something better.
And, indeed intently disguise any relevant information from his company’s details. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose!
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Scam reports have surged over the past year, with claims of account managers asking for more deposits before honoring withdrawal requests. Ease of use – No skill is needed to make money with LimeFX through Bitcoin Up. However, you need to be an experienced trader to limefx company reviews use this broker manually. Register on Bitcoin Up website to participate in LimeFX auto trading. You need to understand the trading guide clearly before going live. LimeFX provides a dedicated account manager to help users understand the Bitcoin Up auto-trader.
Orthodox traders highly recommend to wait for a rebound and enter only after this but I prefer not to wait for this. What’s more, many times I saw that there wasn’t a classical rebound but the price left with a powerful impulse. It would be much better than trying to enter the market when you already see a giant candlestick. The broker offers forex and CFDs trading in over 300 global instruments, including stock, commodities, and crypto. Moreover, the broker offers both automated and manual trading.
Benefits of trading with LimeFX through Bitcoin Up
I don’t exclude the possibility of upgrading my account to professional in the future. Broker Peat & Co Wealth Management claims on its website that it complies with KYC and AML (Anti-Money Laundering) policies and standards. The company names its address Suite 110, 12 South Bridge, Edinburgh EH1 1DD Scotland, United Kingdom. However, the Forex broker does not have a compulsory FCA license to do this.
LimeFX was created to provide high quality and dependable services. The aggressive and threatening behaviour of LimeFX’s “traders” put me off. LimeFX is obviously another company dealing in deception and internet fraud… This is a total scammer, they will say or do anything just to persuade you to deposit.
Is LimeFX legit or scam?
Please report them and share your experience so that others do not get conned by them. DailyLimeFX adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about.
LimeFX presents clients with two regulated entities. Reports of withdrawal issues and trading restrictions if traders become consistently profitable. I opened a Classica trading account with this broker. I should say that at first I didn’t put much value on this brokerage service. I simply had extra money and wanted to open one more account just to diversify my capital. The above information is not enough to start trading with Peat & Co Wealth Management.
- The broker is popular for auto-trading having partnered with the Bitcoin Up trading robot since 2015.
- High Profitability – The American Trading Association has awarded Bitcoin Up the Best Performing Robot 2022 award.
- LimeFX offers traders the out-of-the-box MT4 trading platform, available as a desktop client, webtrader, or mobile version.
- I opened a Classica trading account with this broker.
LimeFX caters to most international traders, including the UK, Singapore, New Zealand, and India. Like most international brokers, LimeFX does not accept traders from the US. The LimeFX online application form takes less than 20 seconds to complete, offering new traders access to the back office. In compliance with AML/KYC requirements, account verification is mandatory. Most traders will be able to satisfy it by sending a copy of their ID and one proof of residency document. Services by Trading Central and MTE Media present traders with quality research and educational services.
Good ordinary broker
Submit your Peat & Co Wealth Management broker review below and help other traders choose the right broker. As mentioned earlier, LimeFX provides both manual and automated trading. Manual trading happens through the MT4 trading platform and mostly involves spot forex trading. LimeFX offers 42+ spot forex pairs including all the majors and minors and popular exotics.
- Just google “LimeFX scam” and you will see all the bad reviews.
- Traders who achieved consistent profits reported restrictions on their accounts to prevent execution of their strategies, and I urge all traders to consider this before proceeding.
- I am not a professional yet, but I understand a lot and everything that the LimeFX broker gives enough for me.
- The broker proved its reliability and I think that two months are enough to say concrete things about the broker you are interested in.
- DailyLimeFX adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence.
- Moreover, most of its users report a great experience trading with it through the Bitcoin Up robot.
At the time this review of LimeFX was written, no bonuses or promotions were available. LimeFX does maintain an affiliate program for traders interested in a passive revenue stream. Beginner traders should source in-depth educational content elsewhere before trading at LimeFX. Traders who achieved consistent profits reported restrictions on their accounts to prevent execution of their strategies, and I urge all traders to consider this before proceeding. The educational opportunities available deprive those who need education and offer it to traders who do not need them anymore.
Moreover, the broker is regulated and hence legally allowed to accept deposits from the public. With LimeFX, you can deposit through Wire Transfer, debit/credit cards, and some e-wallets. You need some trading experience to profit from manual trading.
I think that they are absolutely worthless when it comes to assessing any broker. All they can do is to distort a picture, mislead you and make you do the wrong things. A test on a real account is what you should do to understand the real value of the broker. LimeFX is a broker that provides me with access to the financial market and does it very well. The conditions are good, there are all the necessary tools for trading.
I successfully tested this broker
Technical and fundamental trading tools, educational eBooks and video tutorials will be available to help you with your trading strategies, for free. It is our duty to help you explore your trading potential and unleash new trading skills. Thank you for taking the time to review LimeFX and we are sorry for the inconvenience.
Forex costs are over 1,500% more expensive at LimeFX versus competitors offering commission-free spreads as low as 0.6 pips. Despite two trusted regulators, traders continue to allege malpractice and fraud, urging regulators to suspend their operating license. This website is using a security service to protect itself from online attacks. The action you https://limefx.group/ just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up.