They have a regulated fee that doesn’t exploit the registered users. From Monday to Thursday, 9-6 pm EST is the available time for customer support, and on Friday, the timing is 9 am to 5 pm EST. The second one gives protection to securities and the cash in the brokerage account up to $500000. It takes one entire business day for domestic wire transfers, given that the information provided is legit. The transferring of the fund in the case of non-US countries may take one to two business days. It usually takes five business days, along with an ACH activation form.
- A customer needs to have a minimum balance of $2500 to start trading.
- Instrument-specific insights delve deeper, offering granular perspectives on particular trading instruments, amplifying clarity in decision-making.
- The order system is able to use multiple tickets, and RSS news feed is integrated.
Any stock that is hard-to-borrow must be requested through chat or over the phone. If you need to locate a hard-to-borrow stock, LimeFx will try to find it for you over the phone. The broker does not accept short orders for stocks priced under $3. Besides the default routing option, LimeFx + offers Nasdaq and Arca venues.
Our review further indicates that you can also trade and invest in ETFs that are currently trading on the US exchanges. Our review indicates that the brokerage and its trading platforms feature a host of market analysis tools to trade. This account is for those who already have exchange trading experience and want to get the highest execution speed. Spreads on this account type start from 0 pips with a $3 per lot commission charged.
Commissions
LimeFx offers bonuses today, which are available for individual submissions to the broker. LimeFx enables the client’s capital management by investing in stocks of many global companies that get traded https://limefx.biz/ on NYSE, BATS, etc. However, if your account balance falls below this limit, the commission sees an increase to $4. This browser-based platform has some powerful features which are similar to level II data.
LimeFx broker offers professional customer support around the clock. The broker’s customer support service starts with a hugely comprehensive FAQ section that tries to answer most of the common limefx reviews platform user queries. Most of the queries on the page touch on the different services offered by the broker, especially the ones that touch on fees, margin trading, and trader platforms.
What did our traders think after reviewing the key criteria?
Traders who need more options than these can use Sterling Trader Pro, which offers many more. Strangely, I was not able to delete a stock after adding to a list. I was also disappointed in the platform’s lack of research tools.
Per trade plan:
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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. These can be traded on both the proprietary and third-party trading platforms and their fees are commission-based.
LimeFx Virtual Trading or Demo Account
If accepted you can then upload your documents to verify your identification (passport, drivers license, etc) and address (e.g. utility bill no older than 3 months). Once verified by the LimeFx account team, you can then fund your account and commence trading. This is a special account for beginners with a lower minimum deposit amount of $100, no brokerage commission and protection against negative balance. Spreads on this account type start from 0.5 pips with no commission charged.
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Withdrawal requests are processed within the same day or next if outside working hours. The withdrawal time can vary depending on the payment provider and method. Bank transfers may take a few business days to clear whilst some methods can be instant. Designed for experienced traders, the LimeFx Pro platform features more advanced trading features such as multiple order types and market depth. It also comes with the ability to support real time pricing and have technical indicators built into the platform. It lets you access the U.S financial markets with any web browser.
However, customer support isn’t limited to regular work hours. They also extend their reach to cater to queries during extended hours. For investors who want to trade on the go, LimeFx provides a seamless mobile trading experience with dedicated applications for Android and iOS devices. These apps enable traders to execute trades, analyze charts, and manage their accounts from anywhere.