Another benefit related to the European Union’s financial markets regulations is the negative balance protection feature that applies to both account types. The Cyprus Investor Compensation Fund covers all retail trading accounts (for those not belonging to professional or institutional investors) against broker liquidation to a maximum value of EUR 20,000. Forex traders focused primarily on major and exotic currency pairs will benefit from competitive spreads and a transparent fee structure while using the industry-standard MetaTrader platform. Лайм ФХ has three simple account types that are both more to beginners than experienced traders. Beginner traders are inexperienced traders who have never traded before, or who have been trading for less than a year. Beginner traders often do not want to risk trading large sums of money and generally will not be able to trade full-time during the workweek.
- The Cent and Classic accounts are commission-free, but spreads are wide, starting 1.9 pips (EUR/USD) on the Classic Account, and 3.0 pips (EUR/USD) on the Cent Account.
- Traders receive independent market news and analysis from third-party provider, Claws & Horns.
- Users can view the trades carried out by top-ranked account holders and imitate their winning strategies as they aim to increase their performance daily.
- Also, support representatives can easily be
contacted 24 hours a day, 7 days a week via live chat, email, support forums,
and telephone support that supports call back functionality.
- Firstly, the broker supports multiple payment methods, including electronic transfers, bank cards, and bank wire transfers.
Although not the best in the industry, Лайм ФХ’s education and market analysis materials are comprehensive and regularly updated, and appeal to both beginners and more experienced traders. Using the MetaTrader 4 trading platform, you will find that your investments are easily carried out as this is the most commercial and popular engine used by forex traders around the world. A unique feature offered by Лайм ФХ is its special bonuses that gives you more grounds to increase your deposit, thereby increasing your chance of earning more. This company is a registered broker operating from Cyprus, an EU member state located in Southern Europe. As such, all trading and client activity is regulated by the Cyprus Securities and Exchange Commission.
Лайм ФХ’s Financial Instruments
Лайм ФХ‘s mobile trading platforms are average compared to other similar brokers. It offers mobile versions of MT4 and MT5, but no https://limefx.name/ proprietary mobile trading solutions. Лайм ФХ offers support for an average number of trading platforms compared to other brokers.
Лайм ФХ does not charge fees for deposits, and as a bonus, it covers deposit fees imposed by the provider. In line with the Anti-Money Laundering Directive, Лайм ФХ operates a “return to source” policy, meaning that withdrawals must be made via the same method and into the same account as the original deposit. However, traders are required to submit an electronic form of identification to make withdrawals in line with Anti Money Laundering rules. When making this calculation, we use one lot of EUR/USD as a benchmark as it is the most commonly traded currency pair and it usually has the tightest spread.
Лайм ФХ also allows local bank transfers from Malaysian banks, including MayBank, CIMB Bank, and Affin Bank. The
MetaTrader platforms feature fully customizable user interfaces as well as
watch lists, market news integrations, advanced order windows, a sophisticated
charting package and more. Traders benefit from lightning fast execution on
their trades and can trade directly from the charts with one click trading. Also, traders can participate in auto trading with the use of Expert Advisors
(EAs), which use algorithmic trading to trade for you.
App support
It also offers VPS hosting at a cost of 15 USD per month in addition to free independent market news and analysis from third-party provider, Claws & Horns. Лайм ФХ provides their traders with a
variety of deposit and withdrawal methods for convenient Forex trading. All of
the same methods used to deposit funds can be used to withdraw funds. Deposits
are free of charge and withdrawals are subject to withdrawal fees.
Please please read the client agreement very very carefully, especially about withdrawal. Account holders can choose between MetaTrader 4 and MetaTrader 5 as a trading platform. This industry-standard software comes with a raft of features and benefits and is recognized for its data security features, analytics tools, and quick execution times. We value transparency and openness in the way we review the partners. To bring transparency to the forefront, we have published our review process that includes a detailed breakdown of how we review Лайм ФХ’s product offering.
Central to that process is the evaluation of the broker’s reliability, the platform offering of the broker, and the trading conditions offered to clients, which are summarised in this review. Each one of these is graded, and an overall score is calculated and assigned to the broker. Лайм ФХ provides a host of trading calculators, including a trader’s calculator to calculate trading costs and required margin, a Fibonacci calculator, and a currency rates calculator.
Our License Checker verifies the validity of EU, UK and UAE broker licenses in near real-time. Make a deposit using your credit or debit card and Лайм ФХ will reimburse any fees paid. 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. Overall, this is strange behaviour from an international broker, especially in an industry often accused of an irresponsible approach to consumer protection. Unlike other brokers that require extensive KYC (Know Your Customer) documents due to strict regulatory oversight, Лайм ФХ simply asks for an email address and password. Under normal market conditions and the system’s productivity, the trade will be executed quickly right after the order has been sent, and you will be bound by its terms.
Non-trading Fees
Raw spreads from 0 points, the best liquidity providers, and ECN technologies make it profitable to trade with LiteFinance. Лайм ФХ (Europe) LTD provides services only to the residents of countries from the European Economic Area (EEA), the United Arab Emirates, and the Marshall Islands.Full list of countries is available here. In the following article, we will analyse the characteristics of this broker in all its dimensions, providing you with easy and well-organised information. I have encountered with slippage during the trading many times. The people only answer when they believe that they can make money. There is a girl named Stefanie and she swear by the life of her mother that i can trust her.
- However, it is important to note that Лайм ФХ does not offer cryptocurrencies and stocks currently.
- Лайм ФХ has a track record of more than 15 years in the online brokerage industry with offices in jurisdictions worldwide.
- Read Dow Jones Industrial Average (DJIA) price forecast and make your price prediction.
- Responsibility for the use of the information provided in this review rests solely with the reader.
HotForex provides services that are applicable to the Forex market. I learned how to trade on forex market due to the possibility to trade on forex without investments by using demo account of the Лайм ФХ broker. After 1-2 months I will tell you about my trading experience on the CLASSIC account in Лайм ФХ. Overall, Лайм ФХ is an excellent proposition for both beginner traders and professionals thanks to its range of account types and the wealth of financial information available to account holders. Private investors focusing primarily on forex pairs while appreciating transparency and competitive pricing will benefit, especially from this broker’s offering.
Marketing Strategy
Лайм ФХ provides a list of the most profitable traders, with their performance profiles from which followers can choose. In addition to the MetaTrader 4 and Metatrader 5 platforms, Лайм ФХ also offers a user-friendly proprietary copy trading platform. The automated copy-trading system allows traders to duplicate the best trades, trade independently, share information, and communicate with their signal providers.
Additionally, spreads are variable, which means they get tighter or wider depending on trade volume and market volatility. For all intents and purposes, the SVGFSA is not considered a forex broker regulator and applies no supervision of any CFD trading-related activities. Malaysian clients must rely solely on the reputation of Лайм ФХ, as no additional measures exist to ensure client protection.
The Лайм ФХ site features extensive information about the account types and assets available to buy and sell using its platform. Customer service contact information is prominently displayed for smooth communication with the support team. It should be noted that Лайм ФХ applies a slightly different cost structure to its two account types. The Classic account features 0% commissions with the spreads, including a markup, as outlined above. However, the ECN account, which is aimed at professional and institutional users, charges a flat commission of $5 per round trip per lot. Лайм ФХ provides up-to-date reviews and forecasts for all market instruments.
Spreads on these accounts are often wider than those with higher minimum deposits. All Лайм ФХ’s accounts have a minimum deposit of 50 USD, making them accessible to beginner traders. Additionally, Лайм ФХ’s Cent account allows trading in smaller trade sizes, known as micro-lots, making it appealing to beginner traders. The Cent and Classic accounts are commission-free, but spreads are wide, starting 1.9 pips (EUR/USD) on the Classic Account, and 3.0 pips (EUR/USD) on the Cent Account. Traders can also trade in micro-lots (smaller trade volumes) on the Cent Account, perfect for beginners who are starting out in the Forex trading space.
Copy successful traders
In conclusion, Лайм ФХ is a well-established and reputable online forex and CFD broker, offering a wide range of trading instruments, educational resources, and customer support in multiple languages. With its user-friendly trading platforms, tight spreads, and low minimum deposit, it is an attractive option for both beginner and experienced traders. While its maximum leverage is relatively low compared to some other brokers, this can be seen as a positive aspect for traders who prioritize risk management. Overall, Лайм ФХ seems to be a reliable and trustworthy choice for anyone looking to trade the financial markets. However, it is important to always do your own research and carefully consider the risks involved before making any investment decisions. Overall, Лайм ФХ is a dependable broker with a range of low-deposit accounts that are suited more to beginners than experienced traders on the MT4 and MT5 platforms.
They seem much better than some of the other brokers which I came across. A big scam broker and need to be…
A big scam broker and need to be…
A big scam broker and need to be avoided limefx scammers at all costs
This broker have ecn accounts, but their ecn is not real their chart is… All accounts come with full access to the Claws & Horns forex news and analytical service.