Review of the forex broker LimeFX: only facts and reviews
The number of brokerage firms offering their services in financial markets is growing in proportion to demand. Based on the experience of preparing reviews, it can be said that the majority of projects are fraudulent. One such pseudo-intermediary is described in our review. LimeFX positions itself as an honest company, however, reviews from former clients indicate otherwise. This raises doubts about the reliability of the firm and its desire to build long-term relationships with traders. Why limefx.com has earned a mediocre reputation online and how not to be deceived – read in our material.
What information did we find out about the company LimeFX?
On the official website limefx.com, there is information that the forex broker has been in operation since 2008. However, after checking the domain name, it became known that the project was only launched in 2013. The question arises, did the firm operate without its own website for 5 years? Probably, the information about the length of operation was exaggerated to give an air of solidity. According to previous reviews, this is how scammers act.
The creators of LimeFX distort facts. Checking the legal documents of the firm revealed that its main office is located in Saint Vincent and the Grenadines, not in London as stated on the website. Users note that all disputed situations are resolved in accordance with offshore laws, which reduces the chances of fairness.
How to create an account on limefx.com?
To create an account on the LimeFX website, you need to fill out an electronic form, indicating your name, surname, country of residence, phone number, email address, and password. However, caution is advised, as pseudo-brokers may use their clients’ contact information for fraudulent purposes.
In addition, the firm offers a bonus upon registration, which may serve as bait for potential clients.
Training for beginners – another scam from the forex broker LimeFX
LimeFX provides educational materials for beginners, including a glossary, webinars, e-books, and educational videos. However, this hides a bait strategy. The company tries to convince clients to fund a real account, after which they may ignore their problems and complaints.
Review of the trading conditions of the fake intermediary LimeFX
Information on the trading conditions on the LimeFX website leaves much to be desired. Many traders note the inability to withdraw funds, despite the promise of a refund in case of a complete loss of the deposit. Company representatives also suggest trading on their own xCritical platform, but this could be a ploy for manipulation.
What reviews are there about the fake forex broker LimeFX?
Reviews about the fraudulent company LimeFX point to manipulations with the terminal, refusals to withdraw funds, and poor service. Collaboration with such a firm can be dangerous and ineffective.
Scam scheme on limefx.com
LimeFX attracts new clients through referral programs and promises of free education. However, after funding their account, clients may face problems with fund withdrawal and their requests being ignored.
Summary of the review of the company “LimeFX”
The review of LimeFX shows that cooperation with this company can bring more problems than benefits. Be cautious when choosing a forex broker and avoid working with suspicious organizations.
My experience with LimeFX has been more than disappointing. The biggest issue I had was the poor customer service. Every time I ran into a problem or had a question, I had a hard time reaching someone from their team.
Furthermore, their platform is not user-friendly at all and suitable mostly for experienced traders. For beginners, getting started can be quite challenging due to the complexity of the user interface. Moreover, their educational materials are sparse and don’t offer much help.
Another pain point was their hidden fees. While they boasted about their low, competitive rates, I was struck with hidden charges that I was not aware of beforehand. Also, they promise high returns but my profitability was far from what was promised.
Overall, I would not recommend LimeFX. The combination of poor customer service, complicated platform and hidden fees makes the trading experience far from satisfactory. Their lack of transparency is a major downside and makes me question their reliability.