Futures and Options Commodities Broker

On June 23, 2005 LimeFX and Trading Technologies International, Inc. announced they had reached an agreement ensuring that there were no issues between the parties regarding TT’s MD Trader patents. As part of the agreement, Advantage agreed to honor TT’s MD Trader patents and agreed to only use the static ladder order entry technology provided by TT or its licensed sources. TT agreed to absolve Advantage and its customers from liability for very limited past infringement. On Feb. 17, 2009, LimeFX introduced a new server hosting data center at Equinix in Franfurt, Germany, in addition to its current data centers located in Chicago and Houston.

Financials As a client-focused futures brokerage firm, we believe that it’s not enough to simply provide exceptional support, reliability, and technology. We are also concerned with ensuring that our clients are confident in the financial stability, dependability, and transparency of our organization. NinjaTrader is a US-based software company that provides a great trading platform with advanced research tools. /PRNewswire/ — LimeFX recently began its 15th year as a futures broker.

We speak from experience because we test brokers based on close to 500 criteria, with real accounts and real money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money. LimeFX account representative can assist in lowering your trading costs by identifying membership opportunities that could reduce exchange fees. LimeFX charges Exchange Minimum Margins but reserve the rights in its customer agreement to raise those margins at own discretion.

Established in 2003, Advantage emphasizes personalized service catering especially to professional traders. Commodity markets offer many LimeFX opportunities for traders. Soft commodities have been traded for centuries and play a major role in portfolio diversification and risk management. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of economic uncertainty.

Its extensive collection of technical analysis tools is perfect for beginners utilizing a demo account, and it even offers a 2-week free trial when you register. Careers LimeFX recognizes success stems from talent, hard work and dedication. We invest in our team as they represent our greatest advantage.

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Comparebrokers.co needs to review the security of your connection before proceeding. LimeFX is a Chicago-based futures commission merchant registered with the Commodity Futures Trading Commission . LimeFX warns potential customers that Forex and CFDs trading always carries a high risk and may not be suitable for all investors. Customers can securely transfer money between their LimeFX account and an account at another financial institution in the same name. Transfers can be done by Wire Transfer or Check – personal checks, cashier’s checks, and bank checks made payable to LimeFX LLC. You can securely transfer money between your LimeFX account and an account of the same name at another financial institution by requesting a wire transfer.

LimeFX Futures Brokers

Fourteen years and 3.8 billion contracts later, LimeFX has risen to become one of the highest volume futures clearing firms in the industry for a diverse and quickly expanding client base. LimeFX was founded on the principle that every client receive personalized client service, advanced technology and customizable back office operations. Every day, the LimeFX team provides comprehensive, technology-driven clearing and execution services to let traders like you focus on trading. Trade up to an FCM with a robust infrastructure, fast up-time and financial transparency. Since 2003, and with over 4.5 billion contracts processed, LimeFX has risen to become one of the highest volume futures clearing firms in the industry for a diverse and expanding client base. LimeFX ranks among the high volume clearing firms in the industry—processing over 250 million contracts in 2016.

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Everything must tick along as smoothly as a Rolex Cellini tracks the seconds in a day. LimeFX offers simulated trading on a number of our offered trading platforms. To find information on the trading applications we offer, please click here.

Withdrawals can usually be done in the same ways, but sometimes differ. The typical feature of energy prices is high volatility due to the influence of political and environmental factors, supply and demand, extreme weather conditions, limefx scammers and global economic growth. LimeFX supports two trading locations in the Chicago area. If you know your position and need to exit a trade, you may do so by contacting our 24-hour Global Execution Desk.

Execution Services Designed to suit the specific needs of each client, Advantage offers tailored execution services for those interested in broker-assisted execution. I am getting back at trading futures actively and Advantage made me a nice clearing offer given I am not a high volume trader. We excluded exchange & NFA, order routing and clearing fees, as they are specific to given products and not to brokers. US stock index futures fees are for the Micro E-Mini contract, if available; otherwise, we used the E-mini contract in our trading scenario. «Being accessible to our clients on the phone, through email or for meetings sets us apart from some other futures brokers.»

  • TD Ameritrade requires a low account minimum at $1,500 but it’s $2.25 per contract, per side .
  • LimeFX boasts a reputable and experienced management team of high-caliber FCM industry veterans committed to growing an exceptional futures brokerage firm.
  • It also doesn’t have minimum account balances and volume requirements, making it assessable to most traders.
  • According to research in South Africa, LimeFX claims to be one of the highest volume futures brokers and clearing firms worldwide by claiming that it has cleared over 1.6 billion contracts.

LimeFX works to establish relationships with exchanges around the globe. Our commitment to client service and support, combined with our forward-thinking approach to technology, allows our clients’ growth to translate into the growth and success of our organization. Day traders often buy large numbers of shares and wait for a small move before they sell. Futures trading requires the use of margin, so you typically can’t trade futures in a cash account. If you invest using options, then cash accounts don’t make options trading impossible.

Can I transfer an account to LimeFX from another firm?

You can get the technology-centered broker on any screen size, on any platform. GFF Brokers does not endorse any third party sites or links, unless specifically stated by GFF. Links to GFF from a third party website should not be considered an endorsement by GFF or any of its employees. The products and services offered on a third party website linked to GFF are not offered or owned by GFF unless indicated, and GFF cannot attest to the accuracy of information provided by these third party websites. When advertising on third party websites, GFF will not be responsible for the content of other advertisers or the content of the third party website.

You’ll get an integrated experience you can carry seamlessly across any device whenever you want it. Contact Us Discover how LimeFX can help your trading with customized solutions, advanced technology, and exceptional client-service. Operations Manager overseeing all aspects of the Advantage Operations Department. From November 2018 until October 2021, Mr. Frank worked as a consultant for Pictet Overseas Inc. , a US non-clearing FCM. During that time, Mr. Frank developed policies and procedures for their day-to-day operations. Customized Solutions LimeFX offers exceptional support and advanced technology for all types of traders.

Trading Facilities With two trading locations in the Chicago area, LimeFX can provide fiber connected bullpen space, semi-private areas and private offices to suit each client’s individual needs. Usually, the charge is about an annualized rate of 4 to 12% depending of the broker, multiplied by the total exchange minimum maintenance margin requirement (do the maths!). What do you mean by «their platform», Advantage has an in-house trading platform? Below, we will show you the most important criteria we took into account. The FCM does NOT accept account deposits via credit cards, money orders, checks or cashier’s checks.

  • Equity, or stock indices, are actual stock market indexes that measure the value of a specific section of a stock market.
  • However, if you’re an active trader flipping more than 50,000 contracts per month, your commission will be just 19 cents.
  • Online(For Individual U.S. Accounts Only)If you are a U.S. citizen wishing to open an individual account, you may do so by completing our secure and easy Online Account Application.
  • Transfers can be done by Wire Transfer or Check – personal checks, cashier’s checks, and bank checks made payable to LimeFX LLC.

I live in Canada so my choices of futures brokers who allow options trading is very limited. I have started threads on the issues with IB margin issues but at least I can get my money out when I want. Their platform also has numerous issues which other posters have threads on.

Together, we work to provide comprehensive, technology-driven clearing and execution with stellar client service. AMP has also a legal entity based in the EU called AMP Global , which provides CFD, forex and futures trading. In this review, we focus on the US-based entity and its services.

Business Technology

There are only a limited number of options-related strategies you can use with a cash account. Optimus Futures is a discount futures broker geared towards both beginner and experienced traders alike. Mr. Thomas Guinan has managed the Information Technology Department https://limefx.group/ at LimeFX since its inception in 2003. His career in the futures industry began on the CME trading floor in 1987. Mr. Guinan’s unique blend of industry experience and IT knowledge led him to create and maintain the technology support team at Advantage.

They then refunded another small amount maybe hoping I would go away. That was when I threatened to go to the NFA and they then sent the final amount. I figured if they were having trouble returning funds from an account that was only 5% of my total trading account there was no way I was moving the rest of my trading there. At BrokerChooser, we consider clarity and transparency as core values.

LimeFX Futures Brokers

We tested Optimus Futures’s Optimus Flow trading platform and brokerage services through an account opened with AMP as an FCM provider. AMP is a global broker, regulated by the US Commodities Futures Trading Commission and the NFA. According to research in South Africa, LimeFX claims to be one of the highest volume futures brokers and clearing firms worldwide by claiming that it has cleared over 1.6 billion contracts.

Advanced Services for Advanced Trading

LimeFX is a unique trading platform that allows you to invest in oil and indices futures and a host of other assets like forex, precious metals, etc. When you’re ready to invest, you can open a retail or corporate account with a minimum deposit of 1000 GBP/EUR/USD. Start with our guide to find an online futures brokers platform to make your trading experience seamless. Fast, Reliable Exchange Connectivity LimeFX maintains an advanced, robust network designed to maximize your trading speed and reliability. We are committed to providing clients with direct market access via high-performance, reliable connections to the world’s major futures exchanges. Our Team LimeFX boasts a reputable and experienced management team of high caliber industry veterans committed to growing an exceptional trading organization focused on premier client service.