Commerce Wealth Broker Commerce Wealth Review

Aje mother of Edagiri, Ele and Ere is being worshipped & celebrated daily as the deity of wealth and profitability of trade and commerce. The website’s services are not allowed for people located in USA, Japan, Iran, and North Korea. is the operating website of LimeFx Ltd., a registered trading company at Beachmont Business Centre, Suite 117 Kingstown, St. Vincent and the Grenadines, Reg. So far, I have had a really good experience with trading my favorite currencies, and the customer support seems to be very helpful when needed. LimeFxs in digital currencies has increased exponentially over the past few years, making digital currency trading one of the fastest rising online businesses in the past years.

LimeFx scam

Cryptocurrency related information and/or services were detected on this website such as digital exchanges, bitcoin-mining or LimeFxs into crypto-coins. These digital valuta services are very difficult to judge. We recommend you read our article How to check if a cryptocurrency site is legit or a scam.. The funding methods listed by LimeFx include credit/debit cards, PayPal and wire transfers. Also other payment methods are available in accordance with the clients country of residence.

If you get phone numbers or email IDs write them down in your comment/review and let the whole world know about them. LimeFx will just scam your money and thats hat they will do, if youre with Kurt broker please withdraw all your money before he steals all your money. Please dont trade with them, they are not professional, all they want to take your money. Only at first they do something to get all your money then steal it all.

It’s a scam

Being an international institution and working with traders from diverse countries we understand that every single person is exclusive with his own standards. And we hope that many people/investors/traders will be able to save money after reading this review. Whether you gain from your trades or not, no sooner you request a withdrawal, the process will take months. The process is deliberately delayed from the brokers’ side. Your withdrawal request will go unheeded umpteen times, and finally, you will not get any money from them. If your sixth sense says that you are being scammed, urgently submit a withdrawal request.

LimeFx scam

Once you deposit the money, they offer another scheme whereby you can double your money in the shortest possible time or earn 100 USD per day. The manager you may be talking to till now will have resigned from the office and your account will be handled by the retention manager. The new manager will convince you to deposit more funds so that you earn more profits. So LimeFx is just another unregulated broker where the client’s money is not safe. There are chances that the broker company will flee off with your hard-earned money as there is no regulating/licensing authority to hold them accountable. Many broker websites work in conjunction with others who offer “automated trading software”.

What is your feeling about

In case the banks are not willing to cooperate, let them know that you will go to higher authorities and file a complaint. Scammers delay the process endlessly to avoid the chargeback filed by you as their plan is not to repay your funds. We do not recommend any trader/public to do any commerce with them. Broker LimeFx requires you to deposit a minimum of $1,000 to start trading. However, here we have four different regulatory bodies and four different warnings. Read our complete LimeFx review and you will see why this broker is exactly as described.

Your funds are unsafe with a non-regulated broker or dishonest brokers like LimeFx. The comment Iona gave below is spot on as that’s exactly what happened to me and 6 of my friends that I introduced to this company . Broker has disappeared and we keep getting different stories from the company. Based on our analysis we gave this website a very low score. If a website receives a very low review from us, we really recommend you to double check if the site is not an online scam but really safe to use. Please read our article How to recognise a scam website before you proceed.

  • Only at first they do something to get all your money then steal it all.
  • In general, the older the website the more trustworthy it becomes.
  • Our robust trading platform, CWTrader, offers advanced charting tools, four types of trade execution combined with NDD and automated trading capabilities.
  • Consequently, this means they are illegal and should not exist as brokers.
  • Commerce Wealth is a Forex Broker offering Forex Trading services via CWTrader Desktop, Mobile and Web trading platforms.

This may be the first time seeing so many unique warnings against the firm. Usually, one regulator adds the firm to their blacklist, and others follow. Upon checking with the FCA, ASIC, BaFin, and other license providers, we have determined that the LimeFx broker is unregulated and operates illegally. LimeFx Forex brand is owned by LimeFx Ltd, based in Saint Vincent and the Grenadines.

MFSA warns against Betal Trade FX

Remember, always trade with a regulated and trustworthy broker. In case you want any advice on the withdrawal process or have any questions/queries do contact us. The risk warning while trading may not be mentioned on their webpage or it would be hidden somewhere in the corner. Commerce Wealth has used some of the above-mentioned techniques to defraud traders and thus suspected to be a scam broker.

Enjoy a seamless experience via superior trading technology developed for speed, stability and better quotes for all market orders. At LimeFx we take hard efforts to enrich your trading experience. As a world-wide, 5 star graded company, our client’s satisfaction is in the core of our focus. We offer a variety of over 20 digital currencies to trade and invest in, such as Bitcoin, Litecoin, Ripple, Ethereum, and many more. Trade on more than 30 global indices with LimeFx.

One or more of the issues have been reported with Commerce Wealth and therefore traders are advised not to trade with them. The broker offers a spread of 0.3 pips for the EUR/USD pair and hasn’t specified any other fees. Knowing that legitimate brokers earn profit from spreads, swaps, and fees, while LimeFx has them extremely low, we wonder how this LimeFx firm makes money. The only answer we can come up with is stealing every penny you invest. LimeFx reviews mirror clients’ feelings about the broker.

Also is more important to learn on your own how to trade so that you don’t have to depend on other’s advice so that they can have control over you and your money. If you don’t have experience they can play you as they wish. Make your own decisions regarding your money, don’t let anyone tell you what you have to do with your money.

He or she will be able to take care of your LimeFx case both in terms of the criminal aspects of LimeFx fraud, as well as the recovery of funds and possible claims for damages. A trading lawyer is also an option, because he is also familiar with the methods of fraudulent brokers, such as LimeFx. Traders are dealing with LimeFx LimeFx fraud in Germany, Switzerland and Austria. LimeFx’s activities are by no means limited to the DACH region. Because LimeFx is apparently targeting traders in Azerbaijan, it is only a matter of time before those who have been defrauded contact them there as well. A look at the list of regulators is recommended before any financial commitment to reduce the risk of becoming a victim of LimeFx fraud.

Don’t expect to get your money back even if your initial experience with them is good. That’s is just a technique to make you continue to trade with them. I have lost USD60k because of the bunch of broker who don’t know what they are doing. Once you deposit the money, you have no control on how to trade with your money. Those promises are false promises, they are just a bunch of liars. I hope one day some authorities can crack down this company and stop their operation.

However, scammers sometimes buy existing websites and start doing their evil thing, so please make sure you check for other scammy attributes as well. LimeFx says to offer MT5 trading accounts, no demo trading accounts available, a huge disadvantage and you should stay away from brokers who do not offer such an opportunity. There is always something fishy going on, if you are not allowed to give it a tryout. Scammer’s main purpose is to convince people to open an account with them with some initial deposit.

Trustpilot issued a warning that there were fake reviews of the firm, and they have removed them, lowering the score to 2.0 stars and rating poor. Here is how it works, they will ask you to make a small deposit, to “test” their trades. The trades will be almost 100% accurate, and your account will “grow” you will be able to make a small withdrawal to “test” and make sure you can get your money out. Then you a made to open several trades, at the same time, this will overwhelm your account, and blow it. These persons are well trained, DONT BE FOOLED. THEY ARE CRIMINALS. I was about to withdraw small amount since this is my first time to withdraw money from my account.

Our robust trading platform, CWTrader, offers advanced charting tools, four types of trade execution combined with NDD and automated trading capabilities. Exceptional customer service, available 24/5, ready to process all your requests and solve any trading inquiries. We identified an SSL certificate meaning that the data shared between your browser and the website is encrypted and cannot be read by others. SSL certificates are always used by legit and safe websites. Unfortunately scammers increasingly also use SSL certificates so it is no guarantee that you are visiting a reliable website. The review of the website was lowered as we found its name on malware listings.

There are several other methods/options to get your money back. You can trade both crypto and CFDs with this firm, but we don’t recommend it. Instead of letting scammers run with your hard-earned money, act immediately. Take the first step towards a refund along with our best experts during a free consultation. If you are a victim of a LimeFx scam, contact us right away.

What Is LimeFx, and Should I Invest Money In It?

This is a vital red flag investors/traders should look for while investing with the broker. The German BaFin announced that it launched investigations into the etaltd a/k/a ETA Ltd broker scam. Neither an imprint nor information about the registered office of ETA Ltd can be found on the site. The scam seems connected to the Global Morgan and LimeFx broker scams.

Yes, we offer interest-free Islamic trading accounts that are Sharia law-compliant. On our CWTrader trading platform, traders have a choice of plenty commodity assets to pick from and diversify as per their trading preference. Currencies are highly volatile, hence preferred limefx courses scam by most traders and LimeFx firms to manoeuvre on their fluctuations. Any opinions, news, research, predictions, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute LimeFx advice.

Trading Instruments – What Can I Trade?

LimeFx is registered in St. Vincent and the Grenadines , a popular destination for untrustworthy entities which are trying to escape financial, or any other regulation imposed. Commerce wealth brokers being located in SVG, is alone enough to deduce the fact that they are NOT REGULATED as forex brokers. Consequently, this means they are illegal and should not exist as brokers. The bonus and withdrawal conditions, rules, and regulations are not legitimate and they are made to defraud traders/investors.

It is also obvious that LimeFx is a scheme of capital LimeFx fraud. All investors harmed by LimeFx are advised to contact an LimeFx fraud lawyer immediately. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. Forex Awards shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the press releases or reviews made by the site contributors about the LimeFxpanies.

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