In the first plan, traders limefx website pay a fixed fee of $5 for up to five options contracts in a single leg trade. The second plan is a fixed fee of $8.50 for single leg trades, plus $0.15 per contract. OptionsHouse customers can choose to switch which plan they use up to once per day, which can be useful if making trades of different sizes. We also offer real-time stock alerts for those that want to follow our options trades.
Inactivity Fee
There is currently an MT5 Global special promotion on LimeFX that offers discounted commissions on futures from £0.50 per contract (compared to the standard $1.50 per contract). LimeFX provides access to a free demo account that facilitates risk-free investing practice. The sign-up process for the demo account is much faster than the live account registration. If there’s something wrong with the platform and you are waiting long periods of time to get help, this could actually cost you money and a lot of stress into the bargain.
LimeFX vs Other Brokers
- We will help to challenge your ideas, skills, and perceptions of the stock market.
- What these two plans mean in practice is that OptionsHouse is attractive in terms of costs to basically all kinds of traders.
- However, most withdrawals are charged 0.20% – 2.5% of the withdrawal amount.
The PNL Calculator will calculate the potential profit and loss of any strategy you may be considering, including complex strategies. Risk Viewer is a handy tool that will evaluate your open positions and can help you manage your risk exposure. In terms of the tools and features, OptionsHouse scores highly here too. Perhaps the highlight is the all in one order ticket, which can be instantly accessed with a single click. This is really easy to use and makes entering orders a really straightforward process. What we really care about is helping you, and seeing you succeed as a trader.
Optionistics Review 2024
It’s completely web-based, meaning nothing to download, and it’s clean and modern looking. It’s simple to use, easy to navigate, and offers plenty of tools and features. StockBrokers.com reviews many of the online brokers available today for trading. Our online broker reviews assess brokers that offer stock trading, options trading, ETFs, mutual funds, IRAs, bonds, futures, and forex. Our UK team takes a methodical approach to reviewing online brokers. Our experts also factor in their hands-on testing experience into broker ratings.
This bright indicator helps to notice immediately whether you are using play money or going for the real deal. Overall, the OptionsHouse platform is well-designed and the main menus and categories are easy to navigate. OptionsHouse adopts a flat-rate commission structure, meaning you know exactly what you will pay when your profit comes in. For example, for trades below $25,000, you will pay 8%, whereas for trades north of $1,000,000 you will pay only 3.5%. Besides, LimeFX is a member of the Securities Investor Protection Corporation (SIPC) and the Investor Compensation Fund (ICF).
TRADING HELP
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. Sterling Trader Pro is another platform that is available to LimeFX customers. Some broker-dealers charge for this, so free access is quite generous.
Yes, LimeFX offers demo accounts limefx scam and setting it up is very simple and easy. The broker immediately gives you access to an MT5 user id and password for the web, desktop and mobile app separately along with $100,000 in virtual funds. Ryan is a day trader with over a decade of market experience ranging from basic investing to active day trading.
While LimeFX’s offerings might resonate with many, aligning your unique trading objectives, strategies, and risk appetite with a broker’s features is pivotal. So, before diving into LimeFX’s offerings, evaluate the platform based on your goals and preferences. Forex trading fees work using spreads to eliminate additional commissions or fees. They also ensure traders get a straightforward trading environment.
It is remarkable how much data it can crunch and what it comes up with, and we are particularly impressed by this feature. You can then use TradeLAB to analyze these strategies and modify them, or place orders right away. This platform is action packed from the get go and you will feel that you’re straight in at the deep end.