Our website provides detailed reviews and ratings on trading brands. Alternatively, you can head to forums and sites like Trustpilot for other user reviews. LimeFx caters to active traders with competitive pricing for those who trade in high volumes. https://limefx.name/ The company is a FINRA registered broker-dealer and a member of the SIPC and NFA. While using LimeFx, our team were impressed with the breadth of trading tools and extra services. Platform fees vary between $25 and $595, though CQG Desktop is free.
- LimeFx offers beneficial conditions for trading cryptocurrencies compared to the majority of classic brokers.
- All the above are broker-assisted plans and also include an additional fee of $20 per trade.
- The theme is dark by default and during the first login, the system offers you to discover the platform’s interface.
- Investing in futures and options costs $1.50 per contract per side (buy or sell).
The approaches to charging commissions differ in different regions. In particular, there is a commission per share for the U.S. stock market, which we estimated as low. In the majority of other markets, the broker charges commission as a percentage of the trade volume, while its size ranges from average to high. 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.
Mobile trading app
Our team don’t recommend traders choose a broker based on sign-up bonuses. You can set goals such as general savings, retirement or college savings, which makes the tool user-friendly and gives you clear aims. You then choose an investment portfolio and let the robo-advisor provide advice and services.
Methods of withdrawal and fees
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 LimeFx’s portfolio. LimeFx is an often overlooked brokerage firm that provides day traders and other frequent investors with competitive pricing and a large suite of trading tools. It’s worth checking out because it may rival or even beat your current broker. In this LimeFx review, we attempt to quantify the value it provides to various types of traders.
Is LimeFx a good cryptocurrency brokerage?
Claim your profile to access Trustpilot’s free business tools and connect with customers. J2T is an excellent broker that provides all the necessary tools for quality trading. Compare LimeFx with the top 3 similar brokers that accept traders from your location.
We estimated the commissions and fees on the majority of markets as low or market average. At that, the commissions on trading stocks of EU companies limefx reviews are high. Our LimeFx broker review indicates that traders on the platform can trade up to 90,000 futures and futures options instruments.
I also like the automated trading features of these platforms and fact you can find a plethora of free and paid add-ons to enhance the platforms capabilities even more. That being said, the platforms built-in tools should be more than enough for most traders. LimeFx offers traders a robust customer support infrastructure. The broker ensures customers get easily accessible real-time assistance during standard hours (9 – 6 EST) via a live representative.
We rank the broker down when it comes to educational resources. There is a blog, an index of financial terms and a collection of research notes (both a subscription and a historical library). Yet while we enjoy using these features, our team finds that the depth and quality of market research don’t rival alternatives like IG Group. Yet it doesn’t offer the same user-friendly interface, or have as good a reputation as alternatives like eToro.