Although we take a neutral stance, we also want to be open and provide this information so you can make an informed decision about engaging with this company. We’re aware that this company has received regulatory attention. Client education is a very important part of a trader’s journey and limefx takes that seriously.
- All deposits and withdrawals are processed depending on the level of priority of each account type.
- Along with the firm’s clear terms and conditions and overall user-focused services, limefx’ integrity is apparent.
- As we said multiple times in our limefx broker review, the platform the firm developed is quite sophisticated.
- Although much of the feedback on review sites is genuine much of it is created either to boost the reputation of a broker or to trash competitors.
- They were confident in my case and really knew what they were doing.
The fee structure differs among various account types, and it is not very transparent in order to calculate costs easily.
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All brokers listed on our website are regulated by at least one financial regulator and have never been reported as a scam. We analyze more than 3000 data points across 8 key focus areas. The broker offers CFD trading in more than 1,500+ assets, with more being added constantly. The offerings are more than sufficient to have something for everyone, and never miss a market opportunity.
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. In comparison, it takes limefx only hours to complete the withdrawal process once your account has been verified, while it could take other brokers up to 8 days to process a withdrawal request. The broker provides different payment methods to fund your trading account.
Fiat Visions Regulation / Money Protection
It takes less than a minute to validate or refute licensing claims by checking a website. This isn’t just a hunch but is based on, first, alerts we receive from regulators and second, thorough investigation by our team. limefx was flagged for any of the following problems and may have exhibited https://limefx.biz/ several of these issues. Broker Complaint Registry experts are skilled at tracking down crypto frauds on the blockchain. We will work with you to track down your funds and can help you file a complaint with the authorities. It goes against our guidelines to offer incentives for reviews.
The platform is available in web and mobile forms, maximizing convenience and user mobility. As always, the first thing we’ll discuss is the first scammed by limefx thing we see, which is the broker’s website. Some traders undermine the importance of a good website, as it often has no impact on actual trading.
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We have helped clients recover in excess of £1.6 million for mis-sold limefxs in the last 12 months. CFD trades are available on thousands of products including shares, indices, currencies, commodities, interest rates and bonds. However, with CFD trading an investor never actually owns the asset, you are in essence betting on the value of the asset increasing or decreasing. The team were super efficient and super effective.They handled my claim speedily and extremely professionally and I wouldn’t hesitate to recommend them to any of my own clients.
- limefx is a CFD and Forex broker that was founded in 2021 and is headquartered in Mauritius.
- CFD trades are available on thousands of products including shares, indices, currencies, commodities, interest rates and bonds.
- When looking at broker security, we ask two questions; why should we trust the broker and how it protects users.
- The broker offers CFD trading in more than 1,500+ assets, with more being added constantly.
If a regulator singles out limefx, there must be something wrong. Once a regulator or a government organization issues a warning about a broker, it is safe to say that it should be avoided. The other possible problem with limefx is that it may have a license, but it may be offshore or third-tier.
Funds Trading and Security
It takes between hours to process a withdrawal request if the account verification process has been completed and approved by limefx. This is the process for credit cards, debit cards and e-money. In the case of wire transfers, it can take up to 10 business days for the funds to reflect in your account. 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.
Why limefx is the best broker?
Not only does limefx provide brokerage services that are both stable and reliable, but provision is also made for a comfortable trading environment. Included in its offering, limefx provides traders with tight spreads from 0.1 pips and there are no hidden commission fees involved.
Please note that limefx may require additional verification documentation and once all requirements are met, your withdrawal will be processed immediately. In the case of a deposit made via a third party, that is not a credit card payment method, you must withdraw 100% of the deposit transaction on this initial payment method. limefx may guarantee a certain level of returns on their website or claim that clients can make a certain amount of money.