Also, we provide you with free options courses that teach you how to implement our trades as well. In this LimeFX review, we look at the platforms they offer. Therefore, any trader style should find a suitable platform among the choices.

Guardian Trading Review 2024

You have the option to trade stocks instead of going the options trading route if you wish. Moreover, LimeFX + is user-friendly and a cut above many brokerage-provided platforms. However, active traders may require a more sophisticated platform.

There are no inactivity fees and spreads on the commission-free Standard account start from 0.5 pips. Let’s compare the fee policy with other brokers to better understand the difference. LimeFX offers both investment and market speculation opportunities to its clients. What we really care about is helping you, and seeing you succeed as a trader. We limefx scammers want the everyday person to get the kind of training in the stock market we would have wanted when we started out.

The broker does not accept short orders for stocks priced under $3. Under the ‘Options’ tab, the platform displays calls and puts. Nevertheless, I was impressed with some of the features available. For example, mousing over the Greek letter sigma displays all of an option’s Greek data.

LimeFX would be a good choice for investors who place a lot of trades every month and want low commissions for these transactions. Many brokers don’t offer trading in futures, so the brokerage firm would also be ideal for traders who are interested in commodities or cryptocurrencies. The per-trade schedule requires $2,500 to start trading, and if an account slips below $2,000, LimeFX will suspend the account’s trading capability. The per-share plan apparently is designed for day traders, as it has a minimum balance requirement of $25,000. It also charges a monthly fee of $333, although this rather uncomfortable charge is reduced by any commissions paid during the month.

Step 2: Time to verify your account

With its regulatory oversight, LimeFX offers an additional layer of security to its clientele. However, those craving advanced features might yearn for more than what the broker offers. In other words, LimeFX is for the pragmatic trader seeking simplicity and efficiency. Indices follow the performance of baskets of stocks and are perfect indicators of the health of certain industries or economies. For instance, the FRA40 follows the performance of the top French company shares.

Trading Fees

1. For those inclined toward commodities, LimeFX provides a diverse asset range, including agricultural and non-agricultural securities.
2. LimeFX is also a member of theInvestor Compensation Fund.
3. People come here to learn, hang out, practice, trade stocks, and more.
4. Trading contains substantial risk and is not for every investor.

LimeFX offers an unusually wideselection of trading platforms compared to many online brokers. This includesthe well-known MetaTrader 4 and MetaTrader 5 platforms. Additionally, theyoffer the CQG Trading Platform (often used for futures and options trading),ROX Premium, Sterling Trader Pro, and Lightspeed Trader. You may fund the account via ACH, wire transfer, or account transfer. In this LimeFX review, let’s look at their fees and commissions.

Software Fees

LimeFX has solid trading platforms and limefx official site competitive commission fees. With low rates and a suite of platforms, LimeFX aims to meet the needs of various traders. LimeFX offers individual and two types of joint accounts. The first option is Joint with Rights of Survivorship (JTWROS), and the second is with Tenants in Common (JTIC)s, which offers custodial and trust accounts.

Our traders support each other with knowledge and feedback. People come here to learn, hang out, practice, trade stocks, and more. Our trade rooms are a great place to get live group mentoring and training.