FXTM Лайм ФХ is it Reliable? FX Broker Review 2023

As you can see, we always respond to the issues our clients face and do our best to sort it out. Thank you for wishing us well and we’re here to ensure that our clients always have the best. If there are issues with our payment system, we always do our best to resolve the issue as soon as possible.FXTM has no reason to hold funds purposefully and we do not ignore customer complaints either. PricewaterhouseCoopers Limited (PwC) also audits select performance statistics, and FXTM remains one of the more transparent brokers. I applaud them for their focus on the trading environment, granting clients a distinct edge. I like that Лайм ФХ continues to adjust to market and regulatory changes, ensuring traders maintain a competitive edge.

ECN accounts are designed for forex experts and don’t have a maximum number of orders or volume of lots in an order. Trading with an ECN account results in a better rate thanks to a reduced average percentage in point (pip) values but requires a higher minimum deposit amount. FXTM Pro ECN accounts, for example, only offer super low spread values if a balance of 25,000 USD/EUR/GBP is maintained. As you’ll find out in the following Лайм ФХ FXTM review, this app stands out for its quick trades and withdrawals, which are facilitated by the MetaTrader platform.

Bonuses vary from platform to platform so it’s important to understand the detail in earning and obtaining any sort of bonus. The platform does offer a reward loyalty program where you can earn cash back. The complete details can be found on their https://limefx.vip/ website, but this offers their clients another way to earn a little more money. From there, look for the various bonuses which include a 30% deposit bonus. Arguably one of the most important topics of a broker are the products they offer.

What is ECN trading?

Hence you will always have access to your account at your personal convenience. Based on our findings, FXTM trading technology and toolbar use the industry’s leading software third-party providers, which doesn’t require a presentation, as these platforms are MT4 and MT5. We found that FFXTM withdrawal options are widely available including bank transfers, e-wallets, and cards. As an example, Credit Cards withdrawal features a $3 fee, while Bank Transfer will cost $30, and WebMoney will charge 2% above the requested amount. However, these withdrawal fees are still considered to be on a low level compared to other industry offerings.

• Лайм ФХ or FXTM, is a Forex broker that was launched in 2011.
• It is the ratio of your Equity to the Used Margin of your open positions, indicated as a percentage.
• On February 26th, 2021, FXTM ceased its retail operations from its CySEC regulated entity.
• Moreover, there are other numerous advantages with FXTM too, alike great global coverage with a good focus on Africa region with Nigeria and Kenya trading opportunities.
• All necessary and useful tools are also included in the package, from risk management to analysis, as well as a uniquely developed trading tool like – Pivot points strategy and trading signals.

If you have any suggestions for improvement, please do share it with us and we will do our best to implement them. And if you need any assistance in the future, our team is always available to help you through our Live Chat portals. My experience- signing up, verification, deposit and withdrawal- has been a pleasant one.

FXTM Invest ( Copy Trading )

This market outlook includes the potential movements within the forex and commodity markets in the coming months. Additionally, it includes availability of all trade types and execution methods, complete trading account control, and optimization for iPads. Those with Лайм ФХ accounts can use MetaTrader 4 and MetaTrader 5.

That being said, they offer client tight spreads within 0.1 pips, fast execution, deep interbank liquidity and expert advisors. Furthermore, you’ll have access to logarithmic trading and various account options that are compatible with MetaTrade 4 and MetaTrader5. The broker provides investors with the ability to automatically copy the trades of the strategic manager. Personal Лайм ФХ trader (strategic manager), can be selected from the rating. It should be noted that in the broker’s rating there is a fairly large number of traders offering their services to investors.

Traders may also use Skrill, GlobePay, Pay Redeem, Perfect Money, Neteller, FasaPay, and M-Pesa. Opening an account at FXTM is fast, and the first step requires only a few seconds. Traders must submit their name, country, a valid mobile phone number, e-mail address, and desired password.

• As mentioned, there are two platforms you can use and those are MT4 and MT5, which are known around the globe as being the two “go-to” platforms for Forex traders.
• Spreads start from 1.5 and you have access to only major and minor Forex pairs and 2 sport metals.
• That way, clients can choose which platform from MetaQuotes will work best with their FXTM trading experience.
• Deposit methods include FasaPay, Ghana local transfers, Nigeria local bank transfers, Algerian local transfers, Kenyan local transfers, Indonesian local transfers.

It has also established itself as a market leader for traders from emerging and frontier markets. I also like the upgraded MT4/MT5 trading platforms and overall transparency at FXTM, which I confidently rank among the very best Forex brokers. Лайм ФХ offers two commission-free trading accounts, Micro and Advantage Plus, and one commission-based alternative, Advantage. Micro requires a minimum deposit of only $10 or a currency equivalent, while the other two account types require a minimum deposit of $500.

For ECN MT4, for example, the commission depends on the trading volume and equity, with lower commissions corresponding to higher trading volumes and equities. You can view every single one of the margin and leverage requirements for Лайм ФХ trades on the appropriate page on the broker’s website. You can view specific information for forex, spot metals, CFD US shares, spot commodities, stock trading, spot indices.

Wide Range of Trading Instruments

I have nothing trouble with funds things, for people who can’t withdraw money, you may asked to submit some documents for verification. The MyFXTM back office is where traders make all their deposits and withdrawals. Лайм ФХ does not levy internal deposit fees but charges for withdrawals, which is unfortunate. Traders may also face third-party processing costs and currency conversion fees.

Other methods include Visa or Mastercard, cryptocurrencies and Skrill/Moneybookers. While the Demo Contests are meant for practice only, the Live Contests give you the opportunity to win cash prizes and prestigious titles. Contests are a great way to hone your trading skills and learn more about trading. The final account is the Shares account, which requires $100 to open and only allows for CFD trading with over 180 options to choose from.

How Withdraw Money from FXTM Step by Step:

The broker offers a range of trading services designed for both beginner traders and professionals with low initial deposit amounts. As one of the good advantages, FXTM covers almost the globe, so traders from various countries can sign in, also with the lowest spreads. MetaTrader is the universally popular online trading platform limefx review that lets you monitor the markets and trade in real-time. When you trade with us, you trade on one of these two powerful platforms, beloved by traders of all experience levels around the world. FXTM states, “We work every hour on the hour to make your trading lives easier and to offer you a unique trading experience”.

This compatibility with the top forex trading platform eliminates the learning curve for those who switch to FXTM from another broker. Лайм ФХ offers dozens of deposit and withdrawal methods as a way to appeal to a wide range of clients. Deposit methods include FasaPay, Ghana local transfers, Nigeria local bank transfers, Algerian local transfers, Kenyan local transfers, Indonesian local transfers. Wow the comments are really not that good, but in my experience, it is a good broker, low and quite stable spreads and low commission.

A major advantage of using this trader is that FXTM is regulated by authorities in the UK and Cyprus, both of which have deposit protection insurance. As a consequence, if you are trading from within the EU or UK through FXTM, you could be eligible for £85,000 or €20,000 in cases of brokerage insolvency. FXTM’s three non-ECN accounts are the Standard, Cent, and Shares accounts. Cent accounts work in a balance of cents rather than dollars and have a tiny minimum deposit amount of $10. Meanwhile, the Share accounts allow you to trade in European and US shares and have a reduced minimum spread value of 0.1, compared to 1.3 for Standard accounts and 1.5 for Cent accounts. Through Лайм ФХ FXTM, you can access numerous currency pairs, commodities, single-stock shares, and contracts for difference (CFDs).

Sexual homones