LimeFX Broker Review 2024: Pros, Cons and Pricing

And under the categories of “stocks,” “options,” “futures,” and “apps,” LimeFX lists the limefx reviews ideal platforms. OptionsHouse is a premium online trading platform allowing you to trade stocks, shares, commodities, futures contracts, and, perhaps obviously, options, all from one platform. In this OptionsHouse review, we’re going to be taking a closer look at this well-known platform and putting it under the microscope for further analysis. These can be traded on both the proprietary and third-party trading platforms and their fees are commission-based. LimeFX is a financial services provider operating globally and the broker is regulated in Cyprus. The company was founded in 2007 and since then has managed to attract 155,000 active traders from 130 countries.

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. 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. Derivatives on the per-trade plan cost 50¢ each plus the $2.50 base.

1. Credit card withdrawals usually take 5-10 minutes, though some other withdrawal methods can take up to three days.
2. The second plan is a fixed fee of $8.50 for single leg trades, plus $0.15 per contract.
3. Our review indicates that the brokerage and its trading platforms feature a host of market analysis tools to trade.

The brokerage offers Basic and Pro accounts, ensuring that both trading enthusiasts and seasoned investors find an accommodating trading environment. This is browser-based, but nevertheless incorporates some powerful features. There is also a trade ticket, which offers market and limit orders on close. The duration of an order can be set to day, GTC, or extended hours. OptionsHouse stands out from its peers with low commission rates, no maintenance fees, no penalty fees for low transaction volumes, a good mobile app and a fast web-platform.

Software Fees

There also are a host of educational, research, and news resources to help both beginner and expert traders understand and navigate the stock markets. LimeFX is regulated in Cyprus, offering more than 30,000 instruments limefx forex brokers reviews for trading. There’s a wide range of account types available, including the full set of MetaTrader platforms and traders get 24/7 online customer support.

LimeFX Forex and CFD Standard Account

We realize that everyone was once a new trader and needs help along the way on their trading journey and that’s what we’re here for. Also, we provide you with free options courses that teach you how to implement our trades as well. Our watch lists and alert signals are great for your trading education and learning experience. The Bullish Bears trade alerts include both day trade and swing trade alert signals.

Remember that they are designed to reward active traders specifically. With trading platforms compatible with Windows and Mac desktops, LimeFX ensures non-mobile traders have a comprehensive trading experience in the desktop environment. Details regarding futures trading fees are subject to verification, and potential traders should consult LimeFX’s official platform for accurate, real-time information. The broker’s trading fees are competitive, making it appealing to both novice and experienced traders.

Final Thoughts: LimeFX Review

It will also give it an overall grade, with the best companies getting an A while weaker firms might get a C. This is an impressive range of tools and will suit the intermediate level trader best. This is a very useful tool which allows you to instantly see a snapshot of your profit/loss/breakeven probabilities for a given trade. You can also make use of a spectral map which allows you to instantly analyze different strategies according to customized metrics. You can even see how much you stand to gain or lose based on hypothetical trading scenarios. This is a six-step process that involves researching, testing, executing, adjusting, and exiting trades.

LimeFX futures and futures options review

In this section we will give you a quick play-by-play of how to do so. This is definitely a useful feature, allowing you to quickly pounce on opportunity when it arises. Seconds count when trading anything, and especially so in the options game. The platform is easy enough to use and understand, but it runs the risk of overwhelming at the same time. There’s a lot going on the minute you log on, and even though it’s all simple enough to the initiated, it could understandably intimidate a beginner. Overall, this is a good offering and there should be enough here to keep intermediate to advanced level traders interested.