With this knowledge, investors would never have entered into a business relationship with LimeFx. Many investors can’t even imagine that there is any real chance of ever seeing their money back. The generic term is “money laundering.” When LimeFx fraudsters collect money, the crime of money laundering is committed. Financial institutions are obliged to take action against money laundering. This is where we come in if there is a good chance of success. For what purpose did the funds misappropriated by LimeFx flow?

No, broker doesn’t offer any Demo accounts, only a Live one. LimeFx is an offshore trading broker and not worth your money. If you fall for their scheme, please contact us for help with the refund. The UK FCA stated that the broker LimeFx is not authorized and is targeting people in the UK. Therefore, the client has no right to the FSCS compensation fund and should avoid the scheme.

In the data protection provisions (“Privacy Policy”), reference is made at one point to the trading platform globalmorgan.com. According to information available to BaFin, employees of ETA ltd contact former investors of the trading platform LimeFx.com, among others, to acquire customers. Thus, it is evident that the very same boiler rooms operate these scams. Commerce Wealth is a Forex Broker offering Forex Trading services via CWTrader Desktop, Mobile and Web trading platforms.

A license from the German Federal Financial Supervisory Authority is a mandatory requirement for financial services and LimeFx transactions in Germany. It is prohibited to conduct, support or facilitate such transactions, even across borders into Germany. Persons who participate nevertheless in it are obligated to the damaged Tradern to payment of damages. Such LimeFx fraud cases would hardly have been feasible without these banks.

What Trading Platforms Are Available? – Trading Software

The entire responsibility for the contents rests with the contributors and commentators. Reprint of the materials is available only with the permission of the editorial staff. The terms and conditions refer to Estonian law and the law of St. Vincent and the Grenadines.

Currently, around 70% of the financial market is offshore brokers. The majority are registered in Saint Vincent and the Grenadines. We use dedicated people and clever technology to safeguard our platform. They have so many good opportunities to make money online. I am so far happy with my profit and decided to continue trading with them. Great educational material about the markets, fast trading platform, good support overall.

• Indices are often used for numerical measurements of a theoretical portfolio of securities and expose the drifts of any share market.
• My account manager is being more reliable and professional at all times.
• Belgian regulator FSMA strongly advised investors to avoid the domain LimeFx.com.
• In case you signed managed account agreement when opening an account, you authorize the scammer to do anything he wants to, with your account.
• A trading lawyer is also an option, because he is also familiar with the methods of fraudulent brokers, such as LimeFx.

The withdrawals are said to be processed within 1 to 5 business days. The minimum withdrawal sum is 50 USD through wire transfer, bank card withdrawal limits are not specified. Such abuses on the unregulated capital market are pursued by the investor protection law firm Resch Rechtsanwälte for more than three decades. In this respect, the conduct of LimeFx is nothing new.

Does LimeFx Offer a Demo Account?

I feel confident to trade with LimeFx, as they offer me low rates. My account manager is being more reliable and professional at all times. I’ve been personally trading for a long time with various companies. LimeFx has presented me things that have taken my trading to an entirely new level in a quite short time. Trading possibilities with 1200+ instruments of currencies, indices, equities, cryptos, energy and commodities across our advanced CWTrader platform. Stocks are very popular among traders, enabling them to take advantage from fluctuations in the price of the stock, without even owning it.

Can traders somehow get back their capital invested with LimeFx? An attorney specializing in LimeFx fraud will be happy to answer such questions thoroughly. Commerce Wealth offers the MT5 and MT5 Mobile forex trading top platform. https://limefx.club/ There is no authorization of the online broker LimeFx. Likewise, there is no approval from the Swiss Federal Financial Supervisory Authority or the Financial Market Authority of Austria, which is responsible for Switzerland.

Over the decades, Resch Rechtsanwälte has developed an effective range of tools for tracking down defrauded funds and tracing money flows. Making funds actually disappear is becoming increasingly costly in the age of the Internet. The sooner those affected follow the money’s trail, the better the chances are that they will recover the capital they have invested. It is important now that investors harmed by LimeFx react immediately.

I was denied as I still have to complete my verification with back office. Now what is lacking is my previous Debit Card enrolled by them but cancelled by my bank when I reported some fraudulent transactions on it. This back office is just making problem to me as they request me to secure a letter from the bank the reason why my previous card was cancelled. The bank will not entertain me because I don’t have problem with the new card. You see how simple is the problem but make it big as they don’t want withdrawal from my account. And my account manager is experianced every trade with small ammount got good return.

After lossing my funds in 2021,I am…

The future of learning and knowledge will certainly be shaped by Artificial Intelligence. That’s why we turned to ChatGPT for an explanation of some key terms like Financial Intelligence, Cyberfinance, Cybercrime, or Cryptonomics. Below are the quite impressive explanations that suggest that the future of financial intelligence, including that of FinTelegram, lies in artificial intelligence. They will try with nice words to take more and more money from you, and when they will see you don’t want to put more, they will leave you out of the application. When you request your money back from them, there is a possibility they will not return you anything back.

This is also another warning sign you should vouch for before investing. We also welcome you to read our updated scam broker reviews for AltimaTrade, InvestCorp, and Scandinavian Capital Markets. This Caribbean island doesn’t have a financial regulator, so many LimeFx firms see it as potentially operating without a license and implementing their own trading rules.

FUNDS WITHDRAWAL DENIAL

They apparently failed to check the traders’ deposits, some of which were high and therefore subject to controls, and their onward transmission for illegality. Such omissions enabled the LimeFx fraudsters to carry out their criminal activities in the first place. After studying their website and from other sources we came to know that LimeFx seems not regulated by any known regulating authority.

TOP 5 Exchanges

When trading energy commodities, investors take the opportunity to hedge themselves against flunctuating markets, and speculate on commodities prices. limefx company reviews The domain name of this website has been registered several years ago. In general, the older the website the more trustworthy it becomes.

LimeFxa solid option for all investors.

Malware listings list servers and websites that host, often without knowing, malicious computer software that infects servers, networks or your computer. The fact that the website has been listed as carrying malware has been the reason to reduce the trust score, even if the bad software has already been removed. This is a strong indicator that the website may be a scam. Between 65% and 89% of retail investors lose money with trading in CFDs.

The minimum deposit required is 5000 USD with the Starter Account. A huge sum, compared to the rest of the market, in fact, there are too few brokers with similar conditions. It‘s a financial suicide for you to deposit such a huge amount, taking into account that there isn’t demo trading available and the broker itself is registered offshore. LimeFx was started by experienced people in finance industry who performed in multiple regions across the world. Our Company helps people to succeed on the financial markets providing them with the beneficial conditions.