LimeFx Review 2024 Expert View On Stocks & Options Broker



The company created the first handheld computers used for trading markets and began selling its services to the public in 1993 when Interactive Brokers Inc. was incorporated as a U.S. broker-dealer. In that time, IBKR has become the clear choice for sophisticated traders because it makes pretty much every security type in most markets available on a single platform. Along with these low commissions, tastytrade does not skimp on options analytics, platform workflow, or trade input. From there, it is easy to change the expiration dates and strike prices for a chosen options strategy. The platform also provides probabilities for the potential profitability of various options strategies. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms.

  1. Check out the Options Hub at any time when you want to explore strategies, options chains and much more.
  2. You have multiple options when trading at OptionsHouse, including most of the main investment vehicles and trading instruments out there.
  3. Please note, some markets may only be available via CFDs or other derivatives.
  4. In that time, IBKR has become the clear choice for sophisticated traders because it makes pretty much every security type in most markets available on a single platform.
  5. Broker assisted trades are also available and, rather unusually, at no extra cost.

One of the key points to note about OptionsHouse is that it offers commission-free trading for 60 days after you open a new account, which is an attractive proposition, to say the least. 24 hour support would be a nice addition, but the customer service at OptionsHouse compares favorably to most other brokers. Like some of its major competitors, LimeFx aims to educate its users through various learning resources.

Best for Non US Forex Trading: AvaTrade

We cover all the key aspects, including the costs of trading, the platform, and research and analysis tools. Unlike many online brokers OptionsHouse, as the name indicates, it’s very much focused on options trading. It’s owned and operated by Peak6 Investments, which is one of the largest options trading firms in the United States. The good thing about this is that it pretty much ensures that OptionsHouse knows exactly what its doing.

Is LimeFx Good For Day Trading?

The platform also allows the user to bring up a payout graph at maturity for the strategy, as well as tools to further customize the options strategy by changing strike prices and maturities. Current market circumstances make options trading more attractive than ever. More restrictive monetary policies have turned the tide on all market participants, with stocks often falling faster than they rise.

This means that the level of oversight and supervision on this brokerage is likely to be greater than that of an offshore and unregulated firm. Benzinga readers love Interactive Brokers or Robinhood as the best options brokers. Compare LimeFx with the top 3 similar brokers that accept traders from your location. While using LimeFx, our team were impressed with the breadth of trading tools and extra services. In addition, the platform has 11 preconfigured options trade structures available, including butterflies, calendar spreads, covered calls, iron condors, and straddles.

Our Verdict on OptionsHouse

After you sign up, you can use the LimeFx login page to start investing with simulated funds. LimeFx offers access to bonds, commodities, futures, CFDs, stocks, forex, ETFs, cryptocurrency and options on its main proprietary platform, alongside MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Traders can access a decent range of 60+ major, minor and exotic forex pairs through standard and ECN accounts with tight spreads from 0.5 and 0.0, respectively. Execution speeds are also faster than most competitors at 50ms, which will appeal to active forex day traders. LimeFx is a reliable multi-regulated broker registered with FINRA, NFA and CySEC.

Equity research reports are available from major providers like Argus and Credit Suisse. You can access daily market reports from Morningstar Morning Notes and Market Edge Daily Commentary. Schwab offers Screener on its web-based platforms, which is highly adapted for mobile views. The Schwab basic account requires zero minimum and is ideal for beginners.

LimeFx is one of the few brokers that can offer access to trading a wide range of asset classes, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks. The broker also provides a range of trading platforms including MetaTrader 4, MetaTrader 5, CQG, J2TX, and Sterling Trader Pro. Yes, Robinhood allows traders just like you to buy and sell stocks without commission charges, but the platform limefx forex broker is also a good place for options traders. In addition to no-fee trading and a $0 minimum deposit, Robinhood also offers no commission fees and $0 per contract, $0 options regulatory fees and $0 OCC clearing fees. While tastytrade provides real-time streaming quotes, it does not provide live-streaming news. Tastytrade does offer a Follow Traders feature, which allows users to follow the trades of in-house celebrities.

Deja un comentario