Ltd-FX

Trading Platforms

LTD FX offers two trading platforms: a web trader and a mobile trading platform. However, it is important to note that there are serious doubts about the legitimacy of LTD FX as a reliable broker.

While the review acknowledges that the web trader may have some useful features, it emphasizes that LTD FX cannot be compared to established and reputable trading platforms such as MetaTrader 4, MetaTrader 5, cTrader, and Sirix. These well-known trading programs are widely recognized for their reliability, user-friendliness, and comprehensive set of tools, including automated trading, market analysis, stop loss orders, and copy trading functionality.

The suggestion that LTD FX is a “pure trading scam” casts doubt on the credibility and integrity of the broker's trading platforms. It indicates that the broker may not provide a secure and transparent trading environment for its clients.

Given the availability of more reputable and widely-used trading platforms in the industry, potential investors should exercise caution and carefully consider the choice of broker and trading platform before engaging in any trading activities.

Deposit & Withdrawal

LTD FX claims to support various payment methods for both deposits and withdrawals, including credit and debit cards, wire transfers, and electronic wallets. These payment options are commonly used in the industry and are considered safe and convenient.

However, it is important to note that there are concerns regarding the availability of these payment methods at LTD FX. The review suggests that the broker may be more inclined to accept only crypto wallets, as they are difficult to chargeback. This raises doubts about the legitimacy and transparency of the broker's operations.

When it comes to withdrawal fees, LTD FX imposes certain charges. For bank transactions, there is a withdrawal fee of 50 USD. For credit cards, there is a withdrawal fee of 25 USD, in addition to a processing fee of 10 USD. Digital wallets also incur a withdrawal fee of 25 USD.

In addition to these fees, LTD FX imposes a 10% fee for withdrawals from unverified accounts and accounts that have not reached a minimum of 200 turnovers. This suggests that there may be additional costs involved when attempting to withdraw funds from the broker.

Furthermore, the minimum withdrawal amounts set by LTD FX are 250 USD for bank transfers and 100 USD for credit cards. These minimum thresholds indicate that traders must accumulate a certain amount of funds before being able to make a withdrawal.

Considering the concerns raised about LTD FX's credibility and the associated fees and withdrawal conditions, potential investors should exercise caution and thoroughly evaluate the broker's deposit and withdrawal policies before engaging in any financial transactions.

Pros and Cons

Spreads

The available information regarding the spreads offered by LTD FX suggests varying levels depending on the account type. It is important to note that LTD FX has been described as an untrustworthy and potentially fraudulent broker, so the reliability of the provided information should be taken into consideration.

According to the review, the Entry account type at LTD FX offers spreads at 1.5 pips. The Silver account type, requiring a higher minimum opening balance, supposedly provides slightly tighter spreads at 1.2 pips. Moving up to the Gold account, the spreads are claimed to be even tighter at 0.8 pips. Lastly, the Platinum account allegedly offers zero spreads.

It is essential to approach these spread claims with skepticism, as the overall credibility and legitimacy of LTD FX have been called into question. The review highlights the broker as potentially engaging in deceptive practices, including false statements and unregulated operations.

In general, when evaluating a broker, it is crucial to consider not only the spread levels but also the broker's reputation, regulatory status, and overall trustworthiness. Transparent and regulated brokers tend to provide accurate and competitive spreads, ensuring a fair-trading environment for their clients.

Leverage

According to the provided information, LTD FX offers different leverage levels depending on the account type. It's important to note that LTD FX has been described as an untrustworthy and potentially fraudulent broker, so the reliability of the information should be approached with caution.

The Entry account type at LTD FX supposedly offers leverage of up to 1:500. This high leverage allows traders to control larger positions with a smaller amount of capital. The Silver account type also provides the same leverage of 1:500. Moving up to the Gold account, the leverage is said to be slightly lower at 1:400. Finally, the Platinum account supposedly offers leverage of 1:200.

However, it's important to note that leverage levels are regulated in different jurisdictions to protect traders from excessive risks. In the UK and EU, for example, leverage for retail traders is capped at 1:30, while in the USA, it is capped at 1:50. The fact that LTD FX claims to offer higher leverage levels raises concerns about its compliance with regulatory standards.

Considering the questionable nature of LTD FX as described in the review, it's advisable to exercise caution and be wary of brokers that offer excessively high leverage without proper regulation. It is generally recommended to choose regulated brokers that adhere to industry standards and prioritize the protection of their clients' interests.

Pros and Cons

Fees

Regarding withdrawal fees, the review states that LTD FX charges $50 for bank transactions, $25 plus a $10 processing fee for credit cards, and $25 for digital wallets. These fees seem to be applied when clients request to withdraw funds from their trading accounts. Additionally, there is mentioned a 10% fee for payoffs from unverified accounts or those that have not reached a minimum of 200 turnovers.

Customer Service:

Based on the provided information, the customer service of LTD FX can be contacted through phone and email. Here's a description of the customer service channels:

Phone: +241 452 4526 LTD FX provides a contact phone number for customers to reach their customer support team. By calling this number, traders can seek assistance, ask questions, or address any concerns they may have regarding their trading accounts, platform functionality, or general inquiries related to their services. The availability of a phone contact suggests that LTD FX aims to provide direct and immediate support to its clients.

Email: support@Ltd-Fx.com, compliance@Ltd-Fx.com LTD FX offers two email addresses for customers to communicate with their support team. The first email address, support@Ltd-Fx.com, can be used for general inquiries, account-related questions, technical issues, or any other assistance required from the customer support team. The second email address, compliance@Ltd-Fx.com, appears to be dedicated to compliance-related matters, such as reporting suspicious activities, seeking clarification on regulatory aspects, or addressing any compliance concerns.

Conclusion:

In conclusion, LTD FX is an unregulated broker that falsely claims to be registered in the UK and Canada. The broker has been blacklisted by two regulatory agencies, CONSOB and CNMV, for non-compliance with regulatory standards. LTD FX has several negative aspects, including manipulated trading conditions, deceptive practices, suspicious withdrawal fees, and limited trading platform options. Although the broker offers multiple account types with different leverages and bonus offers, the minimum deposit requirement is considered high at 250 EUR, and the absence of a demo account raises concerns. Therefore, it is advisable to avoid trading with LTD FX and choose licensed and reputable brokers that prioritize fund safety and transparency.

FAQs

Q: Is LTD FX a regulated broker？

A: No, LTD FX is not regulated. It lacks the necessary licenses and has no valid regulatory information. It has been blacklisted by regulatory agencies CONSOB and CNMV, indicating its untrustworthiness and non-compliance with regulatory standards.

Q: What is the minimum deposit required by LTD FX？

A: The minimum deposit required by LTD FX is 250 EUR.

Q: What is the maximum leverage offered by LTD FX？

A: The maximum leverage offered by LTD FX varies depending on the account type. It is 1:500 for Entry and Silver accounts, 1:400 for the Gold account, and 1:200 for the Platinum account.

Q: What are the spreads offered by LTD FX？ A: The spreads offered by LTD FX vary depending on the account type. The Entry account has spreads starting at 1.5 pips, the Silver account starts at 1.2 pips, the Gold account starts at 0.8 pips, and the Platinum account claims to offer zero spreads.

Q: What are the available trading platforms at LTD FX？

A: LTD FX offers a web trader and a mobile trading platform. However, these platforms are considered unreliable compared to established platforms like MetaTrader 4, MetaTrader 5, cTrader, and Sirix.

Q: What are the available account types at LTD FX？

A: LTD FX offers four account types: Entry Account, Silver Account, Gold Account, and Platinum Account.

Q: Does LTD FX provide a demo account？

A: No, LTD FX does not provide a demo account.

Q: What are the deposit and withdrawal methods supported by LTD FX？

A: LTD FX supports credit and debit cards, wire transfers, and electronic wallets for both deposits and withdrawals.