LimeFx scam: Is TradersWay trustworthy? I’ve been using it for Forex for a year now, but I’ve only deposited small amounts Now I’m ready to go big.

LimeFx scam
LimeFx scam

For example, if your objective is to generate a current stable income, then you should not be seeing buy and sell trades on your statements for small-cap equity or technology stocks or funds. In volatile exchange rate environments, the broker cannot ensure an order will be executed at the desired price. Some brokers guarantee stop and limit order fills, while others do not.

LimeFx scam

Learn how to trade forex in a fun and easy-to-understand format. Consequently, you should only trade with licensed brokers, such as those in the United Kingdom and Australia, and with reputable forex organizations, such as BDSwiss and BlackBull Markets. As a result, you should only rely on word of mouth for information. TradersWay is not a safe Forex broker because it does not hold a license from any internationally recognized Forex regulatory authority. I’ve been trading with Trader’s Way for a number of years.

Social Scams

My customer support experience with them was 100% perfect. It’s a terrible company once you register with them, they will call you many times a day and every time with a different number. A client has complained that transactions took place automatically from his account and all of them were closed at a loss. This happened many times and when he tried to contact the broker they did not respond. The client also says they have a robot to empty your account.

Is LimeFx an ECN broker?

The Trader's Way MT4. ECN. account offers you the best ECN trading with the smallest-on-the-market initial deposit of only 10 USD and a minimum commission starting from only 30 USD per 1 million USD turnover. Spreads are the smallest possible and under some market conditions can be as low as 0 pips.

The TradersWay approach does appeal to a specific type of trader and remains executed well in that respect. There is no excuse to not provide free education to clients, which is missing at TradersWay. The live webinar fails to deliver it and is simply a monologue wherein the Chief FX Analyst at TradersWay discusses his ideas and answers questions.

LimeFx Reviews

It makes the advantages that the institutional traders have available to retail traders including superior execution speeds and level 2 pricing. They are always attentive during working hours and sorted all the problems which I have faced. Only one request from Tradersway is please provide bank account withdrawal option.

LimeFx scam

But I like their platform for Spot Gold, I have being trading their demo account for a while now. Traders may not get a true ECN environment, proper market execution, and most importantly, limefx scammers proof that accounts are managed properly according to international safety measures. However, TradersWay is an offshore-based broker and is only authorized under Dominica laws.

What is TradersWay?

The LimeFx philosophy is to offer clients maximum opportunities and freedom through trading. This is achieved by the trading technologies and services provided to all clients. Regardless of experience or account size, each client is treated with the upmost respect. Since I have been with them, I haven’t had any problems and would quite happily use them for my day trading activities. The broker provides a big range of trading instruments used on top of the popular and well-known MetaTrader 4 and MetaTrader 5 platforms with Standard and ECN accounts available. Moreover, its traders can enjoy fast and convenient one-click trading in MT4 and MT5 with their QuickDeal tool.

What is the minimum deposit for TradersWay?

Tradersway has no minimum deposit requirement, so a trader can theoretically open an account with only $10. This minimum deposit depends on you, except for ECN accounts where the minimum deposit is just $10.

This means, that TradersWay lacks serious regulation and safety measures. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Mukesh, we are pleased to hear that you are having a good experience with us and our services.

MetaTrader 4 is preferred by most experienced traders for its Expert Advisors , technical indicators, and advanced charting package. The MT4 platform is also well-liked for providing a social trading service where traders can copy other trader’s deals. In addition to offering a web-based MT4 platform, Trader’s Way offers desktop and mobile versions of the popular platform too. Many of the common forex scams in 2020 revolve around robot systems and signal sellers. If you think about it logically, you’ll realize that anyone with a robot that can return vast wealth in mere months doesn’t need your $99. If their signals are so great, they should be able to trade their own account and retire within months to a Greek island.

LimeFx is an award-winning and multi-regulated broker offering a great selection of trading instruments including Forex, Cryptos, Stocks and Commodities. You can trade on all of your devices via user-friendly platforms with excellent trading conditions and no commission fees. Trader ‘s way is an unregulated offshore broker that is legally registered in Dominica and registered under the name TW Corp. Beware this broker if you regularly have open trades over the weekend or holidays … Spreads can go from a few points to 70+ and stop-out your account especially if you’re highly leveraged or margined.

Top Trading conditions for you

This way, you can become familiar with market changes, market trends, and other information that may be beneficial to you. Simply ensure that you have a stable and secure internet connection, as well as a browser that meets these requirements. By enrolling on Bitcoin Trader, new users will have a significant edge.

Is LimeFx a broker?

Trader's Way is an online ECN broker based in Dominica. The brokerage offers 50 instruments across the MT4, MT5 and cTrader platforms. This review covers, spreads, commissions, the login process and demo accounts.

This is great as it means you can access your account from any device. For example, if your phone battery dies and you need to borrow a relative or friends’ computer to check your traders. I don’t like how you can’t run expert advisors in the web version of the platform so I would prefer the desktop version as this is one of the features that I use the most.

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 Trader’s Way. Based on this user feedback, it appears that Trader’s Way is lime fx not a trustworthy broker, and hence, extreme caution should be applied before investing through their brokerage platform. We introduce people to the world of trading currencies, both fiat and crypto, through our non-drowsy educational content and tools.

You may quickly discover how the programme works and its ins and outs by doing so. It is, therefore, feasible to execute winning deals even when the market is in a bad mood. The programme may only need your help for a few minutes out of your day; otherwise, it will run on its own. All you have to do now is register, set up your settings with the help of your broker, and you’re ready to begin.

LimeFx scam

This time the withdraw request was processed in less than 2 hours and confirmed into my Bitcoin account immediately. It took my Bitcoin account less than an hour to complete the pending transaction. I then sold the Bitcoins to my bank account and the funds should be available to me within 24 hours.

Should the price of General Electric falls 10% then the value of your position will fall 10%, too. If your position was previously worth $10,000, then it will now be worth only $9,000, a loss of $1,000. Taking an analytical approach to trading with Trader’s Way may be the best way to go.

MT5 is the successor to MT4 and next generation of trading terminal. The implemented financial news and economic calendar can be used to keep up to date with the latest market happenings and for fundamental analysis. The Depth of Market displays bids and asks for a particular instrument at the best prices at the moment.

Read on to have a better grasp of why you should trade with offshore brokerage firms. “This is how Bob down the street from you got his start. I know it’s a lot of money, but I’m in—and so is half our club. It’s worth every dime.” There is a resources section at Trader’s Way, however, the training material is very limited. Traders can find an economic calendar, as well as market information and an FAQ area. Establish that the fund managers are qualified and experienced.

  • Try opening a mini account with a small balance first, and make trades for a month before attempting a withdrawal.
  • In fact they settle withdrawals in 2 hrs depending on the mode of payment you choose..
  • LimeFxspecializes in CFD and forex trading options and attracts many US clients at LimeFx every day.
  • With this, you will also be asked some basic questions to let the firm know how much experience you have trading.
  • The firm’s fixed spread pricing has a 2-pip spread listed, which is high in comparison to other brokers.

I had 4 positions where SL were placed to make decent profit. We use dedicated people and clever technology to safeguard our platform. In fact they settle withdrawals in 2 hrs depending on the mode of payment you choose.. Tradersway is great broker I found and I started my journey with this broker and it’s legit good in every part of their services.

This is a pure scam because the Forex market is fast and dynamic. Profits and losses are part of Forex trading and cannot be forecasted. It is virtually impossible to generate guaranteed profits out of the market.

Under the Safety of Funds section, TradersWay claims it provides no research for clients. Per its own account, the absence of research allows the operation of a conflict-free trading environment. The assumption that brokers which generate in-house trading recommendations have a conflict of interest is wrong. TradersWay hides behind the statement to justify its lack of value-added services. Trader’s Way is mostly a MetaTrader broker, offering a full-suite of platforms ranging from MetaQuotes Software Corporation, including both the MT4 and MT5 platforms. In addition to this, Trader’s Way launched its cTrader and the suite related to the trading platform from Spotware Systems.

Leave A Comment

Your email address will not be published.

× Welcome to Sreshta's Saili...!