Lime Fx Review 2024 Expert View On Stocks & Options Broker

I was disappointed in the lack of equity trading on this platform, however. As the name implies, it has fewer features and would be good for someone who primarily trades from charts. With the per-share plan, equity trades are 0.25¢ per share, with a minimum commission of 50¢. The per-share commission drops to 0.15¢ per share for accounts that can trade more than a million shares per month.

Lime Fx offers a wide range of trading instruments with sophisticated platform features catering to both trading newbies and market veterans. The platform’s commitment to user-centric solutions is evident in its diverse account types and focus on creating a practical demo trading experience. Furthermore, its reliable customer support and streamlined deposit and withdrawal methods reinforce its reputation.

Lime Fx mutual funds review

Over the years, he has tried tons of trading services and aims to educate other traders so they can make the smartest decisions. Traders who would rather use a desktop program should check out Lime Fx Pro. The brokerage house promises “high speed with reliable operations.” Presumably, this one should deliver executions and data faster than its browser-based cousins. Historical data can be obtained from the platform, and multiple order types are available.

This drops to as low as $0.0025 per share for accounts trading in volumes of at least 500k shares a month. Lime Fx offers a wide assortment of markets and instruments, including stocks (both US and international), ADRs, ETFs, futures, commodities, futures, options, forex, and bonds. IPO investing, robo-advisors, and individual investment portfolios are also available, as well as leveraged CFDs. Lime Fx would be a good choice for investors who place a lot of trades every month and want low commissions for these transactions.

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It provides market access instantly and allows operating and investing in assets, and control account status and withdrawal. This prevents the hassle of trading on the computer all the time. It offers market and limits orders on close, and the time duration can be set today or for extended hours. Customer service can be reached using the telephone number, email, and live chat on the website. This is a drawback versus some competitors who offer around the clock customer support.

The benefit of CQG platform is that you can ‘link’ platforms of third-party developers to it to improve analysis and trading efficiency. There are more methods of withdrawal on Lime Fx in addition to a bank transfer and in terms of this the broker compares favorably with Degiro. No commission is charged on deposits in cryptocurrency, limefx courses scam while the speed depends on the peculiarities of blockchain, although the broker claims ‘instant funding’.

1. We contacted customer support for explanation and learned that the information on the page is slightly outdated.
2. We estimated the selection of investment products on Lime Fx as excellent and the commissions as average in the market.
3. Two out of these named MetaTrader 4 and 5 are well-known because they are most used by the traders.
4. In particular, the customer can withdraw funds only to the same card that was used to fund the account.
5. Lime Fx offers an array of trading accounts and platforms, plus low spreads and commission charges.

Commissions on futures

The company is working in the correct direction for development. However, Lime Fx lacks traditional filters and tools since it caters more to traders who do higher-volume trading. Based on the user experience, the following rating and reviews are provided. As discussed already, the minimum balance for keeping an account open is $100.

Spreads & Commissions

Within this promo, the new customers could get a bonus for topping up the account of Forex Standard type. However, analysis, research and signals are three different things in the world of financial markets. We contacted customer support for explanation and learned that the information on the page is slightly outdated.

The software offers direct-access routing, option tools, and real-time market data. After testing it out for a while, I thought this was the most sophisticated software in Lime Fx’s portfolio. Lime Fx is a globally renowned online securities trader that best describes itself as a deep discount brokerage house. The brokerage was launched in 2006 in Washington DC by Success Trade Securities. Currently employs over 1200 limefx reviews employees and maintains offices in over eight countries including the United States, China, and the United Kingdom.

The commitment to client security is evident in its provision of segregated accounts, ensuring that the broker separates client funds from its operational finances. Since the platforms of Metaquotes are widely known, we will review the CQG platform. This is a professional level software designed for trading futures on the American futures market.

A minimum of $100 needs to be there for an inbound and outbound request of ACH. One of the common electronic payment networks in the United States. After establishing an ACH relationship between the Lime Fx and the person’s bank account, fund transfers get facilitated. Wire transfer, OFX transfer, ACH transfer help in the funding of a Lime Fx account.

J2TX is a young online platform with a multitude of functions. Legally, it belongs to Just 2 Trade Online LTD with the license in Cyprus. In addition to the standard BTC, ETH, XRP and other coins, we’d also like to point to JT2X Dividend Token. A futures contract is a financial instrument, a derivative of the cost of the base asset. Lime Fx has similar indicators as another discount broker Degiro. Be that as it may, it is not the quantity, but the quality that counts.

Lime Fx is licensed by NFA, FINRA, Bank of Russia, and is a CySEC regulated broker-dealer. CySEC regulation is quite rigorous, requiring segregated funds, KYC checks, and financial compensation schemes. In addition, the platform has 11 preconfigured options trade structures available, including butterflies, calendar spreads, covered calls, iron condors, and straddles.

However, this idea is unlikely to work, because if the broker detects such ‘maneuver’, it can charge additional commission on transfers between accounts. Lime Fx applies different approaches to charging commissions on trading with different exchanges. At the stock market, it could be a commission per share (NYSE, Nasdaq), or per trade (EURONEXT, LSE) On the Forex market, the broker charges a low fixed commission per lot. The company offers special conditions for investment portfolios.

Please note, some markets may only be available via CFDs or other derivatives. Compare Lime Fx with the top 3 similar brokers that accept traders from your location. You can select your base country when you sign up for a new account. Our website provides detailed reviews and ratings on trading brands.