OptionsHouse Review 2020

LimeFX recently improved its demo trading environment with enhanced features, making virtual trading on it more aligned with actual market conditions. Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs. It is important to note that between 74-89% of retail investors lose money when trading CFDs. These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved. Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money. Traders who would rather use a desktop program should check out scammed by limefx LimeFX Pro.

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The commission increases to $4 if your balance falls below this level. There are no inactivity fees and spreads on the commission-free Standard account start from 0.5 pips. Let’s compare the fee policy with other brokers to better understand the difference. LimeFX offers both investment and market speculation opportunities to its clients. 24 hour support would be a nice addition, but the customer service at OptionsHouse compares favorably to most other brokers. Also impressive is the Trade Generator, which creates a list of potential trades that may appeal to you based on the parameters you choose to enter.

If you’re a Bank of America customer, it may be hard to find a reason not to open your IRA at Merrill Edge. My testing found that Vanguard works great for a no-frills, buy-and-hold investing strategy, but has drawbacks compared to some other brokers. European regulators have taken a tougher stance on these types of promotions in recent years.

LimeFX Review – Can it Compete With Top Brokers?

1. It is also a member of the Investor Compensation Fund, which provides additional protection to customers should the broker be unable to meet its obligations.
2. Some broker-dealers charge for this, so free access is quite generous.
3. Over the years, he has tried tons of trading services and aims to educate other traders so they can make the smartest decisions.
4. Moreover, there are several strong additional features and a free demo account, which makes the firm more accessible for less experienced traders.

LimeFX is a front-runner among the diverse online brokerages on the market. The broker is ideal for traders seeking an uncomplicated, user-friendly platform for seamless trade execution. It’s not packed with complicated features, making it less daunting for beginners. Cost-conscious traders would appreciate its competitive spreads, reflecting the broker’s commitment to affordability.

Commissions

After 100,000 contracts in a month, the broker charges just 50¢ per option. That said, if you are trading that kind of volume, you may prefer a broker that caters specifically to options traders, like TastyWorks. LimeFX is an often overlooked brokerage firm that provides day traders and other frequent investors with competitive pricing and a large suite of trading tools. It’s worth checking out because it may rival or even beat your current broker. In this LimeFX review, we attempt to quantify the limefx forex broker value it provides to various types of traders. There are 64 available currency pairs for trading with this broker.

AutoShares Review 2024

The brokerage was launched in 2006 in Washington DC by Success Trade Securities. Currently employs over 1200 employees and maintains offices in over eight countries including the United States, China, and the United Kingdom. In this broker review, we vet its reliability and look at how trimmed trading costs have affected this deep discount broker’s effectiveness and competitiveness. LimeFX fails in a few areas, not least of which is customer service. Nevertheless, frequent traders who won’t need much assistance can benefit from the broker’s generous stock, options, and futures commission plans. LimeFX would be a good choice for investors who place a lot of trades every month and want low commissions for these transactions.

Not so with OptionsHouse, who have created a mobile trading platform that offers most of what’s available on the desktop platform. OptionsHouse is way out ahead of the competition in this department. The laudable support system is multi-channelled across live chat, email, and phone communication. Customers can also access a wealth of information on the trading platform, including detailed FAQs and tools for answering questions and explaining diverse trading nuances.