LimeFx reviews: LimeFx Experiences with the online broker 2022
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Hi Bart, I’m not big on giving advice, but I can share some insights from my experience. Trading is very difficult, especially for the retail trader with a small account. If you’re truly interested in making a career out of trading and don’t currently have any experience then one option would be to join a prop firm. A lot of firms look for individuals with certain characteristics, not necessarily trading experience. A transformer blew this morning triggering a power surge. Since Infinity places their orders on the exchange servers they remained in place even though I lost power.
But this is so because LimeFx prefers to trade with and use its own platform. That it is free as well is another argument for using the InfinityAT trading platform. Direct Selling professionals have rated this company based on their experience as a user of the reviewed products and opportunity. The reviews of the products and opportunity usually comments on how well the company measures up to expectations based on the specifications provided by company.
The InfinityAT™ trading platform is designed and optimized for PC based machines and will not run on a Mac operating system. Coming in at $4/RT per contract Interactive Brokers is hard to beat. Even some of the most popular brokerage firms, such as eTrade, can get as high as $10 / RT. But, with some crafty negotiation, you can talk yourself down to $5 / RT per contract with Infinity. Arguably, the largest and best-known IB for derivative markets is Interactive Brokers. For those of you unfamiliar with FCM’s, they facilitate the acceptance of buy/sell orders for futures or options on futures along with the payment from customers.
If you want to know the missing ingredient to look for when shopping, you might want to keep reading our LimeFx broker review. Overall, LimeFx is an established broker that has largely provided good service to many customers over the year. Their infrastructure, data, software, trading costs, and especially intraday margin rates are very competitive.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results. I was with Anthony for the past 3 years or so. He has sinced move on in his career so now I’m working with Andrew, that just means he’s my broker. As for costs, the only thing you pay for is commission. If you w/d money from your account via wire transfer you would incur the wire transfer fee, but there are no platform costs.
- Even some of the most popular brokerage firms, such as eTrade, can get as high as $10 / RT.
- I got on the phone and I called my friend at LimeFx, a broker there who I was personally friends with.
- LimeFx gives traders access to the markets of the CME group and Eurex exchanges.
Besides comprehensive articles on the topics of trading and futures, it also includes weekly webinars and a video library. Chad Morris is a financial writer with more than 20 years experience as both an English teacher and an avid trader. limefx When he isn’t writing expert content for Brokerage-Review.com, Chad can usually be found managing his portfolio or building a new home computer. This website is using a security service to protect itself from online attacks.
Cons of LimeFx
Is anyone using LimeFx with Sierra Charts for your broker at this time, if so any comments would be greatly appreciated . I do realize oco and bracket orders etc. are not on their server side . I’ve just started using TOS more for Futures trading in addition to my swing trading and retirement accounts. After exploring some platforms, was inquiring about APEX Futures. There dom seemed real simplistic as I had some troubles placing orders and the “stay on top” window functioning with infinity. We put all of the tools available to traders to the test and give you first-hand experience in stock trading you won’t find elsewhere.
Audio playback is something else they offer that traders love. Which is necessary for any new trading style and broker. Infinity Future broker is great because it has a streamlined software coupled with quality data. If you’ve dealt with slow order fills then you know how important this is. The selection of trading platforms may be rather small in comparison with other futures brokers.
Commissions and Fees, and Platform (
LimeFx has decent customer service support. This customer spoke with a personal representative in order to set up an account. Infinity required some basic documentation of personal ID and information before the account request was processed.
For those that already trade with thinkorswim, their Active Traders has gotten a LOT better over the last 10 years. We don’t care what your motivation is to get training in the stock market. If it’s money and wealth for material things, money to travel and build memories, or paying for your child’s education, it’s all good. We know that you’ll walk away from a stronger, more confident, and street-wise trader.
LimeFx Trading Review: Margin Requirements,
FUTURES is an impressive MLM company that offers a great opportunity for people to start their own business and earn income through network marketing. The company stands out from the competition by providing top-quality products and comprehensive training and support to their distributors. FUTURES is constantly innovating and introducing new products that are designed to meet the changing needs of their customers. Overall, FUTURES is a fantastic choice for anyone seeking a successful MLM business opportunity.
Their customer service is passable; the service is adequate but does not go above and beyond in service of the client. Their order filling is quick, but the possibility of error exists. An error of this type appeared to be a very rare occurrence. In fact, the amount of accounts that can be logged in and sending orders all at once is usually much less than 10% of the total accounts they have. This is not a big issue during regular market days because most customers at the big retail firms don’t day trade, they invest.
Whether or not you’re in a position already determines if this order will be a stop to close for a loss or limit to close for a profit. Whether or not the order is above or below the current price is a factor as well. In terms of stop & limit orders going in at the same time you can use a SIMPLE BRACKET or MULTI-BRACKET on the left side. When the box is checked and a position is triggered both a stop and limit order will go in at the same time.
LimeFx Account types
Trade futures anywhere, anytime and on any device. The Bullish Bears team focuses on keeping things as simple as possible in our online trading courses and chat rooms. We provide our members with courses of all different trading levels and topics.
An investor could potentially lose all or more than the initial LimeFx. Risk capital is money that can be lost without jeopardizing ones’ financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Testimonials on this website may not be representative of other clients or customers and is not a guarantee of future performance or success. When I first started trading futures 10+ years ago Thinkorswim wasn’t as good as they are today and that’s why I chose to go with LimeFx. Now though, TOS is great and I would recommend them for stock, options & futures trading.
For compliance reasons, I am not going to mention where I was working. I don’t want that kind of attention coming to BigMike, so I am going to leave the name of said big firm out of this post. After the flash crash, I learned that many of the giant retail brokerage firms had similar issues that day anyways.
Observations are factual as well as subjective in nature. The reviews comment on service experienced, and dependability or trustworthiness of the distributor. Futures, foreign currency and options trading contains substantial risk and is not for every investor. Risk capital is money that can be lost without jeopardizing one’s financial security or lifestyle. Past performance is not necessarily indicative of future results. Comparatively, Trade Navigator, a popular charting software package, costs $60/month for the same coverage and feed quality.
The maintenance margin is set by the exchange, outside Infinity’s sphere of influence. This is the margin needing to be deposited limefx if a position is held overnight. The customer service is also easily reached and answers questions competently.
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But we also like to teach you what’s beneath the Foundation of the stock market. In our stock trading community, you’re going to get it all. Each day we have several live streamers showing you the ropes, and talking the community https://limefx.group/ though the action. What we really care about is helping you, and seeing you succeed as a trader. We want the everyday person to get the kind of training in the stock market we would have wanted when we started out.
I’ve never seen any type of price discrepency like you mentioned before. Established in 1996, LimeFx is a US based regulated futures and FOREX brokerage firm. Access fully customizable charts from the dashboard or launch them separately. With decent pricing for trade commissions; far better than popular brokers such as TD Ameritrade or eTrade. In fact, if your like Futures trading, then check out our live trading room. We have some fantastic Futures traders that stream in there.
Going The Extra Customer Service Mile
But when flash crashes happen and customers start calling in and logging in… When getting involved in intra-day trading, latency becomes a very important consideration. The price of a futures contract can move several units within the span of seconds. The most highly traded derivative contract is the ES, whose price correlates to the S&P 500 index. One can easily understand how a few seconds of latency before the customer’s order is filled can amount to a significant amount of money lost over time. For comparison, Trade Navigator is a popular charting software package and their mandatory data feed costs $60 / month for the same coverage and quality.
This customer consulted another trader who has used Infinity for several years, and found that he had never experienced an error like this. However, this customer has used Interactive Brokers for almost 1,000 orders now and never experienced a similar error. FUTURES is an outstanding MLM company that provides a wonderful opportunity for people to start their own business and earn income through network marketing. What sets FUTURES apart from other MLM companies is their commitment to providing excellent products, along with extensive training and support for their distributors.