The broker’s customer support service starts with a hugely comprehensive FAQ section that tries to answer most of the common 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. LimeFX offers a wide range of instruments for trading, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks.

1. Experienced investors may eventually miss the features, research, and investment choices available at leading brokers.
2. Let him show you the seven big cryptos that could go to zero, as well as some of his favorite plays and strategies for 2023.Watch this free video and see for yourself.
3. Investors on LimeFX can put money into investment funds that are managed by other users.
4. You can use utility bills or bank statements as proof of residency and a government-issued ID card, passport, or driving license as proof of identity.
5. They also ensure traders get a straightforward trading environment.

Choosing a safe and reliable broker is essential for successful trading. There are various factors to consider when making a decision, but the safest brokers are well-regulated ones. The trend of major brokerage firms snapping up smaller options brokerage firms continued in 2016 when ETrade acquired OptionsHouse. Just choose the course level that you’re most interested in and get started on the right path now. When you’re ready you can join our chat rooms and access our Next Level training library.

Where OptionsHouse falls short of peers like TradeStation is having fewer technical studies and offering limited educational resources. When you select a product by clicking a link, we may be compensated from the company who services that product. Revenues we receive finance our own limefx company reviews business to allow us better serve you in reviewing and maintaining financial product comparisons and reviews.

OptionsHouse Review 2020

I was disappointed in the lack of equity trading on this platform, however. LimeFX offers several platforms and doesn’t charge a dime for any of them. One is a per-trade schedule where equity transactions cost $2.50. You need an account balance of at least $2,500 to qualify for this rate.

The staff appears to be very knowledgeable and they are certainly helpful. It can be something of a chore to connect to live chat as you have to input a fair amount of details, but this is a very minor issue. Telephone support is available from 7am to 7pm Central time, Monday to Friday.

Should I Open An Account With LimeFX?

Definitely do use TradeLAB, however, as it is a way to gain instant insights into the probability of a trade coming to profit. It can even tell you how much you stand to gain or lose (max) based on potential trade amounts you could place. You can also get alerts on your phone about pre-saved trades and their current movements. This is an excellent feature as it allows you to keep an eye on things on the move. Ideally, we would like to see a brighter, more colourful and lighter platform as the deep dark interface might start messing with your eyes after a while.

Account Types

The broker ensures customers get easily accessible real-time assistance during standard hours (9 – 6 EST) via a live representative. They also extend their reach to cater to queries during extended hours. LimeFXr, the deep discount broker, has throughout the years been awarded and recognized for its contributions to the online brokerage industry. Our review further indicates that you can also trade and invest in ETFs that are currently trading on the US exchanges. These can only be traded on the broker’s proprietary trading platforms where LimeFX Pro charges $2.50 per trade but are commission-free on the LimeFX lite platform. LimeFX is a globally renowned online securities trader that best describes itself as a deep discount brokerage house.

Likewise, the firm offers an iBROKER Mobile App for futures traders. limefx forex brokers reviews MetaTrader and CQG have intuitive mobile apps that LimeFX clients can access for free. These provide many of the same features you would find on the desktop and web versions but they allow traders to invest from wherever they are in the world. Each of these apps can be downloaded for free from the Apple App and Google Play Stores.

LimeFX vs Other Brokers

One big point of criticism for OptionsHouse is its poor customer support, which according to many customer reviews is awful. There are many complaints about long wait times and dropped connections. For example, if we take a look at Tesla Motors (TSLA) we will see at least 12 options. All of the information about these options is available right on the screen, including the bid/ask prices, price changes, deltas, trading volumes, and expiration dates.