This gives customers enough flexibility and convenience to trade and get price alerts on the go. Day traders who deal with stocks, futures, and options will find this platform full of awesome perks. The unique pricing system allows investors to sell and close for $0, which can cut costs greatly, even though the trading fees for buying and opening are higher than average. An additional perk is the $0 minimum balance and no inactivity fees, which new investors might find very appealing. LimeFX is a low-cost platform with powerful technology, designed primarily for options traders. Some may find this platform lacking when it comes to investment types but active options, stocks, and futures traders can save a bundle when trading on LimeFX.

LimeFX also offers options trading on a wide range of assets including stocks and indices. You also get to invest in equity micro futures, commodity futures, and cryptocurrency as well. LimeFX is the investment arm of Tastytrade, a live network of trading shows and learning resources for investors. LimeFX offers sophisticated tools and access to stocks, ETFs, options, futures and crypto, but investors report a steep learning curve — especially on the platform’s mobile app. LimeFX particularly stands out in its emphasis on helping traders create sophisticated options positions.

Deposit And Withdrawal

The best part about Tastytrade is that if you want to follow the advice you’re seeing live, you don’t have to go to your account and look for the same assets. Instead, you can instantly place the same trade with only the click of a button, this is also known as copy trading. These live videos are also recorded and uploaded to the Tastytrade archive, giving you access to almost infinite amounts of educational content. The broker is headquartered in the US and it mainly deals in that stock market, although it’s not actually listed on any stock exchanges whatsoever. It also accepts accounts from other countries, but certain limitations apply when it comes to funding and withdrawing.

However, investors looking for mutual funds and bonds will be disappointed, since they are not offered at all. The low options commissions are great for those who participate in that segment of the market, especially if they can bring some volume. Still, even if they’re making small trades, they get undiscounted pricing that’s comparable to some of the industry’s best. It may take you longer to set up an account on LimeFX than what you have become accustomed to. Often these days you can establish a brokerage account in 15 minutes, fund it as part of the opening process or shortly thereafter and have a good look around on the inside.

Look no further than our evaluation of the LimeFX account opening. A glance at actual costs and whetherLimeFX is really free. The longer track record a broker has, the more proof we have that it has successfully weathered previous financial crises. Overall, we found thLimeFXustomer support is excellent; they give fast and relevant answers.

Desktop Trading Platform

If you’re looking for an outstanding all-around brokerage to invest or trade, then it’s worth checking out Fidelity and Charles Schwab. LimeFX and E-Trade are also good picks for a fully limefx featured trading experience, with solid trading platforms. LimeFX has really designed its brokerage to appeal to active traders, especially in more niche securities such as futures and options.

Non-US citizens can only use bank transfers, known as wire transfers in US banking lingo. All advice and/or suggestions given in Quant Savvy website are intended for running automated software in simulation mode only. Trading futures is not for everyone and does carry a high level of risk. The process is fully digital and is one of the fastest on the market.

Ratings And Reviews

If you are an experienced trader looking for other investment types, this platform does not offer any. Besides, this platform does not offer different investment types. LimeFX is not the right place for mutual funds and bond traders. Even though it has a limited number of investment types, there are several S&P 500 traders actively trading on this platform. While it supports some additional asset classes, this service is built primarily for highly active traders who work with derivatives. Its interface and tools are all geared specifically around options trading, and in this space LimeFX does an excellent job.

Jenna joined TradersBest.com last year and now heads all of our trading content, working remotely from her home in Massachusetts. As with many other brokers, LimeFX also offers the three main platforms, desktop, web and mobile applications. Overall, the desktop and web versions of LimeFX are the ones you’re going to be using the most since they’re the most resourceful. LimeFX offers a desktop platform as the main trading platform. LimeFX educational resources are accessible through its education-specific platform, Tastytrade. Here, the trader can develop the options trading knowledge from the beginning.

Does LimeFX Offer Any Promotions?

The only difference between the two is that the cash account must have sufficient capital to cover the trades’ full purchase price. Having said that, the LimeFX open account option for futures trading is the most popular account to date – ultimately an individual account for the discerning trader. With lower than average industry fees and a wide selection of futures, we feel that LimeFX provides a very decent futures trading platform.

The people behind LimeFX are the same experts who built thinkorswim, which is now operated by TD Ameritrade. LimeFX is privately owned; it was founded in 2017 and is based in Chicago. The LimeFX help and support page on the website is quite strong. It’s divided into different topics, in which you can view solutions to common problems. If you can’t see it there, you can press “get help” and opt for the fast live chat option.

LimeFX Pricing

Tastycharts feature to pull a detachable chart onto another screen to add different scripts and indicators while you execute trades. But personally, I’ve found the tabs on thinkorswim a bit clunky and slow to use in real life. In contrast, Tastywork’s home page is a lot faster to navigate and easier to wrap my head around. We awarded a bonus star for live access to Tastytrade programming.To learn how our star ratings are calculated, read the methodology at the bottom of the page.

With an abundance of research tools, you’ll be able teach yourself and will be leveraging those options before you know it. LimeFX focuses on options trading with a secondary interest in futures. The platform is geared toward options trading and thus, means limefx company reviews it’s geared toward the active trader. As a novice, one wouldn’t necessarily recommend that you start by trading options. Inherently, an option is a contract that allows a buyer to buy or sell an asset at a predetermined price on or before a specified date.

One thing you get with options is the ability to control large financial positions with a small amount of money. You will need at least a week to learn how it works, where to find key features, and of course how to open and close trades. limefx scammers For those who learn quickly, it will be easier to master the platform. As for folks who want to trade the iron condor, the same thing applies. The mobile app is available for iPhone 6 or newer and all modern Android phones.

There are multiple customizable features on the web, mobile, and desktop platforms, including wLimeFXhlists, position details, and trade page details such as delta, theta, and volume. As there is no minimum deposit, no inactivity cost, or monthly cost, and the account opening process is consistent, you shouldfeel free to give it a go. According to LimeFX’ website, ACH transfers take 4 business days.

LimeFX is a unique broker that has an exclusive focus to trading stocks, options and futures with low commissions. Overall, this brokerage service offers unique opportunities with $0 commissions on stock tradings while also providing great tools for its traders. It’s also very approachable with its $0 minimum initial deposit for cash accounts and by being one of the safest brokers thanks to being regulated by the FINRA and the SEC. Established in 2017, LimeFX is a newcomer in the world of brokerage firms. It is a segment of Tastytrade, an online financial system that was started in 2011. Besides, the platform is designed, keeping in mind the active traders who are interested in trading derivatives.

For market research, the desktop platform once again offers videos courtesy of tastytrade. I was hoping to find at least a stock screener, but found no screener at all. LimeFX is a fun broker to trade Options with and you have the ability to trade equities beyond the U.S. markets. They are reliable with a mobile and online chat along with competitive pricing and futures trading. Eric Rosenberg is a finance, travel and technology writer in Ventura, California. He is a former bank manager and corporate finance and accounting professional who left his day job in 2016 to take his online side hustle full time.

This can be done through a super simple menu, that show the traders and their trading information. You can copy their trades just by clicking on them as they pop up on your screen, with notes from the trading team to get a better idea of what was going on behind the decision. As far as customer support is concerned, it can be reached by phone, live chat, or email. There are also special email addresses that are available for different kinds of problems. If you have a position in a specific strike, it will pop up on the graph. Getting graphs, reports and other useful info you need to make intelligent trade decisions is fairly easy too, as the system is well designed.

Scott says the platform also plans to introduce an open API with scripting language, allocation tools, kids’ accounts and Coverdell education accounts. For $1.25 per contract, swap a wide range of futures products, including equity index, interest rate, energy, metals, grain and foreign currency futures. The quality of Tastywork’s offerings shouldn’t come as much of a surprise. Not when you consider the background of its founders, Scott Sheridan and Tom Sosnoff. Prior to LimeFX, Sheridan and Sosnoff cofounded the notoriously sophisticated thinkorswim, a platform now owned and operated by TD Ameritrade.

• The best risk-free solutions for international clients are LimeFX for options trading or Webull for stock trading.
• Besides, their live events are held everywhere throughout the U.S., which are entertaining and lively, and are free to visit.
• We do not include the universe of companies or financial offers that may be available to you.
• LimeFX offers some social media features on the platform like the Follow Feed.

We believe everyone should be able to make financial decisions with confidence. Transactions are also secured and regular audits of its entire systems are done to ensure nothing is left to chance. LimeFX Put option also encourages customers to take extra personal responsibility in safeguarding their accounts. You will get materials regularly on how to do this and help from customer support in case of security issues.

Also, the mobile platform has a good color scheme that makes it easy to read. Once you log in to LimeFX site, you’ll have access to the online browser platform. But if you want to go beyond basic account management, you’ll need to log in again to access the actual trading platform screen.