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For that reason, to look into the matter with your withdrawal, I encourage you to get in touch with the IQ Option Support team directly. It is really important that our traders or any customer cooperate with the staff in question to ensure that problems are resolved quicker. Inactivity fees again is charged after 90 days of inactivity to avoid money laundering on the platform.
LimeFx is considered a safe broker for South Africans as the broker is regulated with the FCA. However, they are not regulated with the FSCA yet. There are crucial aspects to consider when taking large sums of money out of South Africa. Powell has produced a guide that discusses everything you need to know. LimeFx does not offer services to users from certain jurisdictions, such as the United States of America, Islamic Republic of Iran, and North Korea. As of this writing, Canada is in third place among the countries with the largest oil reserves in the world.
The company has the right to randomly check accounts to ensure safety, this is done for traders actually so that the platform is safe for them. We understand that it can be frustrating however we assure you that if you did everything correctly then there is no need to worry. I lost the sum of $150, 000 to 24options, a scam binary options broker that stocked my trading capital for over four months and denied me access to my trading account. Risk Warning – Between 74-89% of retail investor accounts lose money when trading CFDs.
We request your patience in this regard and please accept our apologies for any inconvenience. I think Google Philippines should also be blamed for featuring the IQ Option ad in their search engine. I guess it’s the main reason why IQ Option is getting to scam a lot of people, . The NBI and/or DICT Cyber Crime Division should look into the many complaints here. Mr. Louis, I’ll email you soon.
Active Trader Discount 🤝
Strictly regulates the German forex market. See how LimeFx compares to the leading forex brokers by reading one of the reviews below. But there are some notable downsides, too. LimeFx offers a limited product range of forex and CFDs on some stock indexes and commodities.
Nevertheless, if your broker has a number on BaFIN, then they are authorized to do business in Germany. The Federal Financial Supervisory Authority is one of the largest financial supervision authorities in Germany. In 2010, BaFin recorded a turnover of nearly 1.5 billion Euros and employed more than 600 persons. The regulatory agency maintains an office in Frankfurt am Main, and divisions are located in Berlin, Hamburg, Munich, and Stuttgart. Aside from this, you can open a corporate or an Islamic account that doesn’t have overnight swap and interest. The biggest difference with an Islamic account is that an administration fee is charged for exotic currencies that are held longer than three nights.
Leverage
Even if your trading experience goes smoothly and successfully, there’s always the possibility of your funds disappearing. Naturally, we would never suggest investing with such a firm, since investing is risky enough as-is. As such, we only consider brokers that provide their customers with at least passable security measures. You can try to open a bank account outside of India, have a money transfer to an account in India via internet services. And check that legal thing, it may have the same condition as in my country, so it is legal, only your broker is a medium of your direct orders. Trading forex successfully from Switzerland requires market knowledge and a viable trading strategy.
Signals are worthwhile and services are always good. I have never encountered any problem with withdrawals whatsoever. I am happy that this broker is my trading partner.
Safest Forex Brokers 2023
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! Trading with leverage can wipe your account even faster. CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors. None of the blogs or other sources of information is to be considered as constituting a track record.
- I am glad I have chosen them to be my forex broker.
- Withdrawal request are being cancelled, unable to access the money at all.
- People may just be taking advantage of the market’s fluctuations.
- You can also open a free demo account to train.
- The broker that I use and recommend is called LimeFx.
Hi I just started investing in iqoptions & very unsatisfied with their identity verification process as it might lead to identity theft. I Did won a few sum of money but giving them access to my identity would be much more wasted. I don’t hope the app gets better limefx when all they did is giving the same messages. Instruments on our platform implement technical analysis and overall market alertness. Please, note that intuitive trading leads to unsatisfactory results. That’s why it’s important to analyze the chart.
There is barely a trader today who has resisted mobile trading. The idea of carrying your trades with you on your smartphone makes the majority of traders happy. This retail broker comes, like many other brokers, from one of Europe’s most crowded trading centers, namely Cyprus. Naturally, this means that the broker has to underlie CySEC regulation, an institution which has been growing strong since 2004 when Cyprus entered the EU. A CySEC license is quite important given that it is the entrance ticket to other EU markets as well. This broker is registered under the name Indication LimeFx Ltd with CySEC since 2012 and has to obey to the mighty regulator.
LimeFx: FAQs
Excellent broker and customer service. I am fully satisfied with the services and highly recommend them. All transactions are transparent and withdrawals have never been this easy. Amazing services and good profit are my reason of keeping this broker service. I have never traded to brokers as good as this before.
Consult with your broker for detailed instructions regarding how to do this. Some brokers may provide you with a link to an account, where you can transfer the funds from your bank directly into this account, giving you access to use them in the market. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.76.60 % of retail investors lose their capital when trading CFDs with this provider. LimeFx’s fees overall are low, average and high based on which other broker they’re compared with. Traders will benefit from low trading fees and a $0 withdrawal fee. The pro account charges a commission but offers tight spreads, as we explained above.
No matter who you talk to at the support centre, who answers on fb, or even if you call them, i get the EXACT same scripted answer. I have done a withdrawl a week ago and its still in process on my account. The were quick to refund me the money on my credit card, but now with the additional money I won, they are not processing my bank account withdrawal.
Sadly enough there has been a lot of fraudulent activity and so called brokers that aimed to lie to their client and use fraudulent practices. We are sorry not all limefx company reviews of your trades turned out to be profitable. However, here you should not be taking a wild guess but analyze the graphs first and only then place your trades.
But they are doing MUCH better and their customer service is on top of it. The Bank for International Settlements reported that the Swiss franc ranked 7th in forex market turnover in April 2019 among other national currencies. The CHF is also a popular reserve currency held by central banks, ranking 8th worldwide in June 2020 according to the International Monetary Fund . Download and gain access to the broker’s proprietary trading platform or a platform supported by the broker.
In fact, its security is top-notch, immediately putting it above the vast majority of its peers. When you pair that up with the excellent trading conditions, it’s no wonder that the broker has gained a massive amount of traction. LimeFx’s support structure follows the standard services other brokers employ. That means the presence of three options and a 24/5 working hours. The operatives are kind and solved our test issue quickly, resulting in a pleasant experience. LimeFx is a new broker that prioritizes forex trading.
I have chatted to dozens of support people, and their response is always be patient, your account is under review and they will notify you when review is done. I have seen people on trustpilot.com complaining about reviews taking 3 months without being resolved and paid. It is very misleading to read 1-3 working days for a withdrawal on their website, but then the support say ‘we process payment according to the timeframes in our terms and conditions’.
Determine significant support and resistance levels with the help of pivot points. Find the approximate amount of currency units to buy or sell so you can control your maximum risk per position. Hello, we do understand your concern, but we would like to assure you that if you have not done anything wrong then you need not to worry. We regret to know our services did not quite live up to your expectations and we deeply apologize for making you wait. Please write to and we will be glad to clarify any confusion. You can always check the Withdrawal Policy details on the website.
The live chat is average but the team is very helpful and will provide screenshots if needed to help you along. Apart from this, the only downside we can see here is that it’s not available 24/7. 😕 If you’re feeling a bit lost, don’t worry! We created a guide on LimeFxmissions and spreads that explains in detail all you need to know. Fees vary depending on the account type chosen.
They have failed to provide their physical address, which makes us question whether this website was registered by a company or just an individual. Now, details such as who owns the company or where it is registered have never been disclosed. However, using a trustworthy service such as MyChargeBack is https://limefx.club/ critical in this endeavour as a typical chargeback process can often be complex and drawn out without the right guidance. By putting together a compelling chargeback strategy from beginning to end, victims of online fraud have a relatively high probability of recovering some of all of their funds lost.