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About two days later, on 18’th May 2020, I received another call from Mr Phillip Weber asking me to check the account. There was a small profit on the account from the trade. Following this, he proposed to me to deposit a higher sum of money so that the profit could be higher and persuaded me to deposit more for which he made me agree.
We understand exactly how it feels to lose money to these scammers as each of us has been there ourselves. That’s why we’ve set up this website to expose their dirty little secrets so you may not fall for their cheap scam tactics. Sometimes we may also recommend good businesses in case you wish to go for alternative products/services within these same industries. Remember, there are many fraudulent businesses on the internet than you can ever imagine. So always be cautious and do your due diligence before trusting anyone with your hard-earned funds. They start off really really great with wonderful signals.
We thrive for helping the marketplace become less ambiguous and more transparent. He even forced me to login into my bank accounts so and check my bank balance. If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back. However, this depends on how long it takes for one to realize that the company is a scam. If one realizes early they may lose less than their life savings.
The company offers over 100 exotics and minor Forex currency pairs. The company proclaims they are a transparent entity with various asset class trading. Additionally, they assure investors their funds are in safe hands. Sadly, this is not the case, as the platform is not legit.
If you’d like to Report A Scam or you would like to know if it’s possible to get your money back from LimeFX, contact us right away. In addition to the firsthand reports that we’ve received. Legitimate user experiences can often be found on Trustpilot. While we know that Trustpilot is full of questionable posts, the real reviews tend to show up there as well. We found a number of clients who did more than subtly hint as to what LimeFX traders can expect.
Once this confidence is established, the investor will be marketed the idea of investing more money to earn greater returns. Additionally, other incentives may also be provided to encourage the investor to get their friends and family onboard the platform too. MyFundBack is an online service dedicated to help the victims of fraud brokers.
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There are better Forex trading companies in the market that you can earn a considerable amount of returns. They do not feature any banking information, and as if that is not enough, the company does not have feature data regarding who is its founder. LimeFX is not a light task that you can perform hastily. It would be best if you took your time and research thoroughly to avoid being scammed. The company has been in the market for over a decade, and the traffic they are getting is not good enough. You cannot help but wonder who would trust an unregulated company like LimeFX blindly.
During the transaction, he was in control of my laptop using Anydesk software which he installed on my laptop prior to doing this transaction. He made me do a similar setup on my https://limefx.vip/ laptop to set up the trading account on it like what he did on my mobile phone. Read our in-depth LimeFX review and find out why most of the traders are avoiding this broker.
VIP Account – Information regarding who can qualify for this account is privileged information on the broker website. However the website does state that the client receives all of the prior mentioned in addition to negative-balance protection, asset trading and low market price difference. Executive Account – This account is for individuals that would like to begin trading with a minimum deposit of $50,000 USD. The account comes with a trading portfolio and detailed market analysis. Five account types are on the menu if you are looking to trade with them. The reason that they offer such a range is to provide their sales team with a range of tactics to fit the right size client.
Not long after, New Zealand FMA and Australian ASIC issued the same warning. They warned their citizens against LimeFX Ltd as a scam company and invited anyone who was in contact with them to report the broker. Whatever you do, do not give your money limefx scam to any Forex broker or “recovery company” before doing thorough research. There are multiple Forex Review websites that offer a “real” Review on this broker. In these articles you’ll find a lot of talk regarding the “guarantee security of funds”.
That would be really appreciated by us and families all over world. Also if you get phone calls from other companies please put the name of these companies also in the comment or send it to us. We can say that it’s not safe and there are no guarantees for your money. This is another red flag since all legit brokers are offering MT4 or MT5. The company is on the warning list of the UK FCA. This regulatory body listed the company as an unregulated scam operating in the UK.
What is the LimeFX minimum deposit?
LimeFX.com claims their website is easy to navigate, and they have competitive prices in the market. Investors are welcome to utilize their trading features regardless of their experience. The broker pulls out money from your account without asking you.
The company brags they are a highly reputable broker in the industry, yet there is no evidence of them assisting investors in attaining their financial goals. After conducting some research on various social media platforms , as well as online trading forums, a general theme emerged where users were dissatisfied with their experience with LimeFX. Based on this user feedback, it appears that LimeFX is not a trustworthy broker, and hence, extreme caution should be applied before investing through their brokerage platform. Upon understanding the same, I tried to create a withdrawal request and withdraw my money back and tried to speak to Mr Phillip Weber about it.
These fake DMCA cases are calculated criminal schemes targeting very specific and rather important information/content. These hitjobs are usually against the media, in order to help their client hide important information from the public’s eye, all in the name of Reputation Management. Millions of dollars are spent doing this, and if no one wants to bring this topic to the fore, we will. It seems LimeFX has a few unflattering articles ranking high on search engines. The website owners did not agree to remove the reviews, and therefore LimeFX took matters into their own hands.
She explained to me that their website is an online learning platform that provides financial education to get started with online trading. They will also have a financial consultant who will guide me on how to do trading. The educational platform was stated to be having lifetime access and all of it for a payment of One Hundred United States Dollars. Along with the Capital World account, I also received an email from a company named LimeFX Ltd. On the evening of 15’th May 2020, I received an email from a person named Phillip Weber, who as per his email is the Senior Portfolio Adviser & Head of the VIP trading Floor.
LimeFX Review 2021 – Who Is This Broker?
And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes. If despite all the warnings you get scammed by LimeFX broker, do not hesitate to contact us. Our staff has years of experience in dealing with scam brokers and helping people to get the money back. We will help you start a chargeback procedure and take what is rightfully yours.
- They operate from Monday to Friday at office hours only.
- The company brags they are a highly reputable broker in the industry, yet there is no evidence of them assisting investors in attaining their financial goals.
- In essence what they are asking is, “will I be betting against the house?
- LimeFX is offering you bitcoin or altcoin to continue with their services.
- If a broker is not licensed by the regulatory authority in your jurisdiction, that likely means that they are unregulated and should be avoided.
Crypto Scam Brokers recommend contacting LimeFX immediately to cash out your funds. You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. After taking a look at their website, it shows that they do not fall under any regulating agency.
Scammed by LimeFX broker? What to do?
Unfortunately, this is mere PR, as they do not disclose these institutions. They do not reveal who their founders are, or the team behind their alleged success. They have only availed their registration certificate, which does not mean much. Before you invest in any company, ensure they have a license. File a Complaint against the scam Forex, Crypto Binary, or any other broker here and our expert will immediately contact you. The broker suddenly closed its website and do not pick your call.
Commission On Financial And Securities Compliance ReviewCommission On Financial And Securities Compliance Review
Everyday fraud brokers are in action and innocent traders are victims. We will guide you to the path of recovering money and direct you to the best and trusted recovery channel. After a lot of discussions, I finally deposited some more money into the account. He forced me to deposit a lot more money in multiple transactions.
A successful funds recovery effort following a cryptocurrency scam starts with reporting a scam as soon as possible. Fill in the form and we will arrange for a representative to contact you to help you report a scam and get your fund recovery efforts started. If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below. Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section. Also, when these people change their website they tend to call the old clients, so if they call you from a new website please write it down on the comment or let us know it by contacting us.
This is so you cannot do a charge back claim through your bank, once you realise they are criminals. Many of our clients have reported that they were lured into trading and even specific trades on the basis of the global effects of the pandemic. While at this stage one may wonder, why does it matter how one paid to a company like this?
How Online Trading Scams Work?
The broker is not regulated by any known and established authorized regulating authority. When you want to withdraw your money, the broker does not allow you to do so. Using a trustworthy service such as MyChargeBack is critical in this endeavour as a typical chargeback process can often be complex and drawn out without the right guidance. Gripeo is the leading social platform for consumers to share their experiences with businesses and other people.