Лайм ФХ A broker with competitive spreads but high commissions

Financial institutions use this strategy with deposited funds to generate profits while minimizing risk. They have some of the best trading conditions in the market, which has helped me optimize my trading strategies and maximize profits. Лайм ФХ is a popular International  Forex Broker recognized by the experts in the Financial Market, while operating since 2009 with service around the world.

• One of the most ignored trading costs is swap rates on leveraged overnight positions.
• However, the lack of transparency on commission charges may be a disadvantage for traders who want to have a clear understanding of all the costs involved in trading with the broker.
• This value of 10 USD is the target point of reference in the strategy.
• It also offers a disappointing six commodities, nine index CFDs, and 47 equity CFDs.
• LiteFinance caters to most international traders, including the UK, the Philippines, Malaysia, and Nigeria.

Spread in forex is the difference between the BID and ASK prices, representing the fee charged by brokers for executing trades. Search for websites with comparative tables or open demo accounts to compare real-like spreads. I prefer trading with variable spreads, particularly with LiteFinance https://limefx.group/ as my broker, where the spread size has been so minimal that I haven’t considered it in my trading strategies. The chart shows that floating spreads rarely exceed 1 pip, it shows a low spread of 0.3 pips. This is beneficial for short-term trades where spread costs are important.

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. LiteFinance provides an impressive range of payment methods and withdrawal options. LiteFinance clients can choose between international e-payment systems, bank cards, wire transfers, and other trusted methods.

MetaTrader WebTrader

It presents traders with an auto-withdrawal service and research from Claws & Horns. The social trading platform caters well to traders looking to copy positions from others. Traders must accept a cost structure, which at Лайм ФХ can be three times as high as competitive offers.

Forex traders profit from spread changes in various market conditions. Comparing assets like UKBrent and WTI, popular oil benchmarks, reveals price differences. Historically, BRENT has been pricier than WTI, with a $3-$5 average difference. Spread in forex trading typically denote the commission brokers charge for executing buy or sell trades on your behalf. In global financial trading, the spread represents the disparity between the buying and selling prices of an underlying asset. Лайм ФХ offers a seamless and intuitive trading platform that I found incredibly user-friendly.

In order to start the registration process the applicant can simply click on the blue “Registration” button located at the top right of the LiteFinance webpage. Automated strategies may find it challenging to adapt, but manual trading can benefit. Calculating the spread in points is usually unnecessary, as it is available in your trading app.

Trading instruments: Forex major currency pairs

Лайм ФХ is considered safe for trading through an international entity. The broker has a long history of operation with an excellent reputation. Лайм ФХ is an STP (Straight Through Processing) broker that enables its clients to have direct access to interbank markets. This type of broker passes on their client’s orders directly to liquidity providers, which are typically banks, without the need for a dealing desk. As a result, STP brokers are typically known for their transparency and faster order execution.