The low-cost pricing is a result of tight spreads provided on various trading assets by Лайм ФХ. The deposit fee gets automatically refunded in the customers’ accounts after verification. Лайм ФХ offers two different types of accounts to its clients named the Classic account and ECN account. In the Classic account, there is a markup fee but the commission is 0%.
The classic account is a commission-free account, with spreads from 2.0 pips with fast market executions. Moreover, users have the option of using social trading features as well as facilitating limefx review with the negative balance protection and advanced MT4 and MT5 platforms. There is no limit to the maximum number of orders, and the leverage also varies through different instruments.
#3. Лайм ФХ vs Лайм ФХ
As more options in account types can facilitate customers in choosing the account which perfectly fits their trading styles, fewer account types are usually a drawback for the firm. Overall, Лайм ФХ has a quite long history of operation and balanced trading conditions suitable for various trading styles, account sizes, and levels of experience. We should admit good analysis tools and technology solutions Лайм ФХ provides, also costs are rather good compared to other industry competitors. We also marked a good choice of trading platforms and good technology.
- Moreover, Лайм ФХ covers all the payment charges when customers pay the minimum deposits.
- The sign-up process is straightforward and an account is opened in under a minute.
- From its live trading features to its competitive spreads, the broker ranks high on almost every review parameter.
- One of them, Лайм ФХ Cyprus Ltd., is regulated and complies with CySEC regulatory obligations as well as the MiFID European directive.
- In addition, educational material is also available on the website which includes summaries, eBooks, and tutorials.
- Claim your profile to access Trustpilot’s free business tools and connect with customers.
This commission is likely to increase to $30.00 per lot if the currency pair performs exceptionally. The spread commissions on commodity CFDs are in the range of $0.50 and $20.00 per trade. For the commission-free Classic account, clients get elevated floating spreads, which start at 1.8 pips. Лайм ФХ Europe is a trusted broker offering social trading, ECN spreads and fast withdrawals. The $50 minimum deposit is also reasonable and the demo account and trading tools make the broker a good choice for beginners.
It does not provide service to residents of the USA, Israel, Russia, Japan, and the EEA countries. Online registration merely requires an e-mail address or phone number and a password. Traders may also sign-up through their Google or Facebook accounts. Since LiteFinance claims to adhere to AML regulations, verification is mandatory. It is generally satisfied by a copy of the trader’s ID and one proof of residency document.
Residents of European countries can use services offered by Лайм ФХ (Europe) LTD. As I have mentioned earlier, they offer a demo account, where you can learn everything about trading, learn how to use their platform without any risk. The sign-up process is straightforward, and an account is opened in a minute.
Final Thoughts on Лайм ФХ
Лайм ФХ is known as the best copy trading broker in the financial markets. Furthermore, Лайм ФХ has been among the pioneers of online trading who introduced an easy and cost-efficient form of trading. Moreover, Лайм ФХ is a regulated firm by FCA and FSA, making it a reliable and trustworthy broker in the market. Лайм ФХ offers free-of-cost withdrawal and deposit of funds where the broker applies no extra cost or charges. Customers can claim their fund withdrawal whenever needed and deposit funds without worrying about the broker’s commission. Лайм ФХ Broker has a long history of operation and balanced trading conditions suitable for traders with various account sizes, experience levels, and trading styles.
Лайм ФХ also known as Litefinance is a licensed brokerage company that has been offering its services since 2005. Many customers worldwide have been affiliated with this firm and have earned profits by doing successful trading with this trading partner. Moreover, Litforex is regulated by the CySEC, ensuring the security and safety of customer funds and straightforward transactions. In summary, Asia Forex Mentor emerges as the premier choice for those seeking the best forex, stock, and crypto trading course to carve a rewarding career and achieve financial prosperity. The minimum deposit in both the account types at Лайм ФХ is $50, and there are no additional commissions or charges on this amount. Similarly, there are no limitations on the number of requests for withdrawals, and the minimum withdrawal limit is $10.
Лайм ФХ has a rating of 3.96 stars from 25 reviews, indicating that most customers are generally satisfied with their purchases. Note that the content on this site should not be considered investment advice. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive a commission from the companies we feature on this site. The EU entity only accepts traders from the EEA, plus the UAE and Marshal Islands.
In Cyprus, the broker is registered under the name Лайм ФХ (Europe) Limited, and regulated by the Cyprus Securities and Exchange Commission (CySEC). As always in the EU, CySEC https://limefx.biz/ is in turn subject to oversight by the European Securities and Markets Authority (ESMA). Our partners cannot pay us to guarantee favorable reviews of their products or services.
Лайм ФХ Europe is a reputable forex broker with a good selection of MetaTrader platforms and mobile apps. Clients benefit from advanced analysis, copytrade features and straightforward fees. Here we’ll review Лайм ФХ Europe’s 2023 trading services in detail, including regulation, minimum deposits, account types, and spreads.
Лайм ФХ, founded in 2005, is an established CFD and forex broker, where clients can trade on the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms using multiple deposit and withdrawal methods. They offer a variety of account types and forex buying, selling, and swap options while maintaining a low-cost structure. The minimum deposit is $50, and they also offer a demo account and other three accounts. To support its clients, the technical assistance of these trading platforms is available online. These platforms can be used 24/7 and are free to use in every country in the world.
Moreover, at Лайм ФХ, passive traders can benefit like active traders due to its social trading platform. According to the client reviews, Лайм ФХ clients can top up their funds directly into their accounts using their credit cards or debit cards. Online payment gateways and wallets such as Skrill, Neteller, CentrePay, and WebMoney are also available to deposit money instantly. The clients can choose from options such as Yandex, Alipay, and Dengi.
The platform provides trading signals across 21 timeframes, and its Depth of Market feature adds value to the trades. MT4 is much easier to use and still the most popular platform among Лайм ФХ clients. It is best used to implement and share innovative trading strategies. Лайм ФХ is a brokerage platform that has been providing trading services to customers globally since 2005. This firm is regulated by the Cyprus securities and exchange commission (CySEC) and has specifically made its name as a reputable ECN broker in the financial markets.
Is Лайм ФХ a reliable broker?
The email address and contact numbers are displayed in positions where they can be found conveniently so that the traders find them quickly in their hour of need. The account opening process of Лайм ФХ is super easy; anyone can start trading on a live account for a minimum deposit of $50. In addition to this, those customers who are reluctant to invest due to inexperience can also open a free demo account to familiarize themselves with the firm and the trading conditions. Even when Лайм ФХ offers all the right mediums of communication on its platform, the reputation of the customer service of this broker is not so good. The customer reviews suggest that customer support is slow and prompt responses are not given.
Is LiteFinance legit?
Лайм ФХ Europe uses HTTPS (Hypertext Transfer Protocol Secure) data encryption inside the Personal Profile portal, which ensures safe data transfer between the client and servers. The MT4 and MT5 platforms also use Secure Sockets Layer encryption protocols and extended layers of security if required. Spreads at Лайм ФХ Europe are floating from 0 pips with the ECN account, though average spreads start from 4 pips for major pairs and 1 point for major indices. Please note that the information provided in the table is based on general knowledge and may be subject to change. It is essential to verify the latest information and conduct thorough research before making any trading decisions.
Here is a screenshot of quotes at LiteFinance during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads. Despite 16 years as a brokerage, LiteFinance, previously known as Лайм ФХ, appears to undergo unfavorable changes. It could explain its corporate headquarters move and expansion into less-regulated cryptocurrency activities. Regrettably, none had a positive impact, making LiteFinance a less transparent, secure, and trustworthy brokerage.