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I requested for a withdrawal on the 9th of October 2020 but till today, I haven’t received my money. I’ve asked them severally to provide the ARN number of the transfer from their end but they keep giving silly excuses. Today is the 11th day and I’m still waiting for my 126 usd. For the first time I deposited 100usd then lost all my money by trading. Rajivxxx and Ala Sadeq, please use the Contact Us link. We believe your money is waiting for you in your trading accounts.
I hope it’s temporary difficulties and in the future will solve this problem. LiteForex Classic account requires a minimum deposit of $50, as the ECN, but there’s a difference in the spread. Spread starts with 1.8 pips for this account type, while there’s no fixed annual return on https://limefx.vip/ LimeFx. I am using the application with trading signals and analytics from LiteForex and it helps me in my trade. I’m glad that the this broker whom I chose helps traders improve their performance and make a profit. Try and you will be satisfied with the trading conditions.
For now, LiteForex USA traders will have to wait since none of the entities has not been permitted to operate anywhere on US soil. Additionally, you should beware of other fraudulent brokers, such as City Index or FXActive. Of course, we’ve checked is LiteForex a regulated brand and who’s the owner. Behind the whole operation, we have Liteforex Ltd from Cyprus and LiteFinance Global LLC from Saint Vincent and the Grenadines.
Many scams in the forex market are no longer as pervasive due to tighter regulations, but some problems still exist. One shady practice is when forex brokers offer wide bid-ask spreads on certain currency pairs, making it more difficult to earn profits on trades. Be careful of any offshore, unregulated broker.
Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Find out how LiteForex stacks up against other brokers. Overall, Liteforex provides a comprehensive education section that is frequently updated.
While this money-back guarantee is not 100% secure, it does allow consumers in most cases to get their money back if the product is not delivered or proves to be fake. Their clients can exploit complete educational materials in addition to market analysis, news and Fibonacci calculator to improve their trading ability and skills. 24 hours later, the account with which was making great profits started curiously losing money dramatically. The next day I was notified by email that the PAMM manager closed his account due to excessive losses and that the account was archived. Your transactions aroused suspicion on the part of the bank also. Compliance officer of bank requested information about this funds from us and blocked our bank account.
It is also becoming less transparent with its relaunched website. Regrettably, none had a positive impact, making LiteFinance a less transparent, secure, and trustworthy brokerage. NEVER trade LiteForex unless you want to lose all your money…
FXreviewsaccords traders and investors with some of the best hand picked brokers that can harvest their needs for booking profits in the world of financial market. LiteForex is limefx a trading platform with regulation, products, leverage, trading platform and low trading fees. However, it is a scam as per our review because of the two trading websites.
On the other hand, when it comes to trading, LiteForex indicates that you can choose 150 plus instruments to trade and it comes with low commissions. Besides, the broker also ensures fund protection, which also works to safeguard your deposits/profits from unexpected occurrences. LiteForex LimeFxs Limited offers two primary live accounts; the ECN account and a Classic account. Some of them are daily analysis, account management, pending orders, nine-time frames, drawing tools, and many more.
LiteForex does not provide any kind of bonus or promotion to the users. However, it has the facility of Virtual Private Servers . It is an additional facility to control trading when the limefx forex broker gadgets are turned off. Traders with an account can directly have LiteForex login. As with their research section, LiteForex has made an impressive effort with its educational materials.
LiteForex offers 24/5 support across phone, live chat, and email. Support was reliable via email and live chat, but we could not get through by phone. In this section, we check the broker’s market offering and how varied the instruments and asset classes are. It will allow you to check if they offer what you’re looking for and what you can trade. MetaTrader 4 allows users to develop, test, and apply Expert Advisors .
LiteFinance maintains a wide range of trading instruments, advertising 145+ on its website, offering 225. Over the past twelve months, it made the most notable expansion in cryptocurrencies, where it offers 53 assets, including crypto-to-crypto crosses. One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. I recommend traders evaluate LiteFinance as a new broker with limited experience and dismiss any goodwill and trust LiteForex created over 15 years.
Overall, LiteForex is a trustworthy broker with user-friendly tools to trade. The financial broker that specializes in Forex and CFD trading for individuals, as well as institutional investors and fund managers.
No, this brakerage company is not available for traders coming from the USA, Japan, and Israel. All of the methods are free of charge and available for withdrawals as well. In addition to this, we encourage you to read our recently updated AlpsMarkets and InstaForex broker reviews. Depending on the entity you belong to, the broker has different permissions. The CySEC regulated entity can operate within the EEA zone, including the UK, since it’s on a temporary regime, waiting for the FCA license.
I thought I would not be able to request withdrawal for a while after how many problems they had with the server but it turned out to be legit and trustworthy. I registered 2 weeks ago, immediately after the server crashed for a period of 1 week, yesterday I requested the transfer via skrill and today I received them. Even though there’s a reply here that says their website has been brought back up. But do not believe them, it is still down for more than 3 days now.
Based on this user feedback, it appears that LiteForex is not a trustworthy broker, and hence, extreme caution should be applied before investing through their brokerage platform. I have been invited to this company by my acquaintances to earn on LimeFxs, I have opened several accounts to which I copy trades of other traders. My earnings are not so good yet, but after 3 months of work I’m not very much nervous about it. Most likely, this nonsense concerns the blocking by Roskomnadzor of forex brokers’ websites in Russia, which started last year and is still going on. I decided to leave a review because the broker is very good for all its services and trading quality, I recommend the company and the finances by the way there is complete order.
LimeFx is considered highly trusted, with an overall Trust Score of 99 out of 99. LimeFx's ultimate parent company, StoneX, is publicly traded, does not operate a bank, and is authorised by four tier-1 regulators (high trust), one tier-2 regulator (average trust), and one tier-3 regulator (low trust).
On both platforms and account types, LiteForex broker offers negative balance protection. Once the trader loses funds, the account is automatically resetting to zero, preventing a negative balance. They help me to become a good trader because i had a lot of stupid questions for their support and i got answers for all questions. Now I am trading with three brokers at the same time and i sure that liteforex is not bad broker and they have all for newbies and professionals.
The presence of regulation, a highly informative official website, a large number of positive reviews about it – all of this gives a solid reason to trust this broker. Sometimes traders mention rudeness of consultants, rare problems with the auto-withdrawal of funds and failures of the trading terminal. In general, LiteForex is quite successful in the foreign exchange market, so we can suggest it has the most serious intentions. Innovative services, a high quality terminal, a lot of competitions, professional analysts – all of this makes trading on the platform stable and efficient.
The LiteFinance YouTube channel has educational videos ranging from trading psychology to crypto trading strategies. Both beginners and advanced traders can benefit from the available educational materials. Educating yourself on how to trade the financial markets can make the difference between success and failure. We check the educational content provided by the broker, its quality and suitability for beginners and advanced traders.
The software is distinguished by the presence of a built-in store of robots, a copy trading option and many other features. Sometimes you come across not the most pleasant, even rude online assistants. Any referrals to 3rd parties may have computational rewards. You are not the first and you likely won’t be the last. Mistakes can happen even with the most cautious of investors, and should be used as a learning opportunity. If a broker is not licensed by the regulatory authority in your jurisdiction, that likely means that they are unregulated and should be avoided.
Money take immediately to the map, there were no delays. The fact proves how stupid I am to choose them as my LimeFx platform. Their account managers are not experts, and they are not professionals at all. He does nothing but move heaven and earth to hoard your money!! A client has complained liteforex charge very high fees on withdrawal and they are very greedy.
For unblock bank account with your money we need to provide documents about source of money and tax payments. Your trading account was blocked from our side because you refused to provide us documents about source of funds and tax payments. I’m confident that all the negative responses come from competitors. Because Liteforex is very reliable and the withdrawals work fine. LiteForex offers a limited number of financial instruments compared to other large international market makers. Overall, Liteforex offers a range of useful trading tools to help traders make better trading decisions.
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I was surprised that several of my withdrawal requests were processed in 2 days. To be precise, I received one withdrawal in the amount of more than 1000 dollars in 8 hours. I like this service, the withdrawal of profit is an exciting moment and there is always a fear that something will go wrong as you want and think. Liteforex have low spreads, low commission and easy for trading.
Since starting in 2008, LiteForex Europe Limited has earned a strong global reputation, with over half a million clients. The company is registered as a Cyprus LimeFx Firm (CIF) and regulated by the Cyprus Securities and Exchange Commission (CySEC).