lime fx Review 2022: Fees, Services & More

Besides its failure to provide IRA’s, lime fx fails to offer any portfolio management. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs.

• Clients who place more than 400 trades in a month can contact lime fx for lower rates.
• The lime fx platforms can be used across multiple devices including desktops, web browsers and mobile devices that run on iOS and Android.
• That said, you will still have to pay data and service fees, which vary from $15 to $15, depending on the data/service you’re trying to get.
• Currently, online trading platforms only support U.S. stocks, options, and ETFs.

Don’t expect to login to your account and find a research section where you can find analyst estimates, price targets, etc. There is a quarterly inactivity fee of $30.00 for traders that don’t make 15 trades per calendar quarter. It is worth noting that, compared to other brokerages, lime fx charges various account fees. lime fx fees on the top-tier level for ultra-active traders are on the lower end compared to the offerings of most of the other brokerage companies. We wrote the limefx reviews to answer whether professional traders seeking the best day trading brokers should consider lime fx as one of the first choices.

lime fx  Types of Accounts and their Features

In this 2023 lime fx review we’ll go through this brokerage house category by category, and see how it performs against some of its major competitors. They are a smaller broker so there is more personalization. The support desk specializes in working with day traders, so you can get well-educated responses when you call in. Therefore, you won’t find as many of the online research tools that you will from brokers like ETRADE and ScottTrade.

For most current rates, you will have to contact them directly. Inactivity fees.Any fees that the broker charges you for not trading, such as for keeping money in a brokerage account. 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.

You can create custom stock scanners to zero in on the ideal trading opportunity that aligns with this strategy, and many stock watch lists can be built and organized. lime fx PRO has a multiple-account management facility so all trading accounts can be contained within the platform. lime fx Elite is an ideal platform for equity, options and futures traders. You’ll be able to analyze real-time market action, portfolio management, etc. lime fx’s web-based platform is called lime fx ActiveWeb.

It maintains the basic research tools and data points that most day traders require. However, it lacks third-party research reports and screeners. In that sense, the platform is more suitable for the average market viewer than experienced traders who specialize in fundamental analysis.

Sterling Trader Pro

Orders are fulfilled at lightning speed, which means traders can make more profit faster. Advanced day traders taking advantage of lime fx will benefit from better pricing and up-to-the-second market data. lime fx’s lack of commission-free ETF’s puts it at a major disadvantage when pitted against Vanguard and Firstrade, both of whom offer all ETF’s for free.

The ActiveWeb browser-based platform costs $25 per month, but waived for clients generating over $199 per month in commissions. All-in-all, the dire state of the education section of lime fx is understandable, considering that it targets advanced traders. However, if you want to ensure a good day trading learning experience, lime fx isn’t the place for you. lime fx distinguishes itself by offering direct market access.

The minimum deposit for both U.S. and overseas clients is $30,000, so this is a trading platform for those with deeper pockets. lime fx’s lightning-fast trading platform gives you some of the best limefx review tools you need to start day trading. If you’re looking for a place to start day trading, this is a great one to try. Like lime fx Pro, this platform offers customizable hot keys and option chains.

Trading Environment

Are you trying to prepare for retirement and want a relatively safe way for your money to grow over the next 10, 20, 30 years? Or are you a seasoned investor ready to take yourself to the next level as an active trader? There are online stock trading platforms that meet all of those needs – but some services specialize in one or the other. lime fx’s online trading platforms & software are powered by DAS INC, an industry leader in direct access trading technologies.

The UI of the app is quite outdated, especially when put side-by-side with apps by top brokerages like TradeStation. We’ll keep you informed, and we’ll never sell your information to anyone. Online Fitness Programs Which online fitness program is the best for you?

For accounts above $25,000, COR Clearing charges 0.44¢ per share for equity trades. If your account falls below $25,000, trades are charged at a flat $6.95. COR offers discounted rates for accounts that place more than 400 trades in a month.

lime fx ActiveWeb

In the future, we hope to see a chatbot added to the broker’s website, which could be used when the human chat service is unavailable. During a test chat on a weekday morning, we were able to connect to an agent in less than 30 seconds. Our questions were promptly answered, definitely a good sign. Das Trader platform software is seamless, fast and not a resource hog.

Day traders often have to utilize many tools, software and screens, and ActiveWeb presents a major convenience in this regard. Our review on lime fx believes this is the number one trading platform for the experienced trader in need of an advanced platform that supports them. When comparing lime fx vs. other free brokerages, frequent traders can extract a lot of value from this lightning-fast platform. Something that professional traders might benefit from is multi-account management.

I was attracted by its advanced trading platform with a wide range of tools for technical analysis and hotkeys, as well as the ability to directly enter the stock market. The lime fx https://limefx.group/ website has a lot of useful information, even for experienced traders. lime fx is an online brokerage firm offering advanced trading tools and resources to traders.

lime fx Customer Support

Although lime fx focuses exclusively on the U.S. stock markets, where it truly shines is in the number of ways you can take advantage of market liquidity. There are more than 25 different routing options within the tradable markets offered on the platform. However, this is a platform aimed mainly at veteran active traders. The lime fx fees favor those who make regular trades, with $30 inactivity fees charged if fewer than 15 trades are made per quarter.

Clients can also transfer an account from another broker by completing an Account Transfer Form and supplying a copy of the last brokerage statement. Maintenance Requirement is that part of the value of your securities that is withheld from your equity when holding security in your account. While the minimum equity call is outstanding, the account will be restricted to liquidating transactions only. This is a personal LimeFx account registered under one person’s name only. Finding a reputable lime fx review locally or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source.