A MAM (Multi-Account Manager) account is typically used by professional traders. It allows a trader to manage multiple individual trading accounts from a single master account, making it easier to execute trades and manage risk across multiple clients. MAM accounts can help streamline the trading process and improve efficiency for trader and their clients. If you need a MAM account check if MAM accounts are available with ETRADE or OptionsHouse or alternative. The ability to trade with the click of a button is essential and allows you to make trading decisions on the ETRADE and OptionsHouse platforms when convenient. Without this, you cannot take advantage of every situation that may or may not occur in the financial markets.

Jeff holds a Bachelors in Science in Finance and minor in Accounting from Southern Illinois University – Carbondale. In addition to his CFP® designation, he also earned the marks of AAMS® – Accredited Asset Management Specialist – and CRPC® – Chartered Retirement Planning Counselor. While a practicing financial advisor, Jeff was named to Investopedia’s distinguished list of Top 100 advisors (as high as #6) multiple times and CNBC’s Digital Advisory Council. Jeff is an Iraqi combat veteran and served 9 years in the Army National Guard.

Markets

LimeFx offers 5 trading platforms including market-leading MetaTrader 4 and MetaTrader 5, CQG, Sterling Trader Pro, and ROX trading platform. MT4 and MT5 might be known to any trader, as they are the most used platforms in the industry especially loved for their great functionality and customer-friendly design. Also, they allow you to deploy a strategy of your choice, either manual or automatic through popular EAs. Trading fees are defined by the instrument traders choose, and also may vary from one platform to another. Alike, trading futures or options through CQG will cost you $1.50 commission per side. This account is for professional traders, trading through one of the most powerful and modern platforms for Forex and MetaTrader 5 stock exchanges.

OptionsHouse serves customers globally and are regulated by Financial Industry Regulatory Authority (FINRA). Depending on the country you are trading from ETRADE may serve you from a
different business entity to comply with its financial regulators. 24 hour support would be a nice addition, but the customer service at OptionsHouse compares favorably to most other brokers. In this LimeFx review, we determine that they offer good value in the way of software offerings, good commission prices, and offerings that just about match the rest of the industry. In the United States is licensed and regulated by both the Commodity Futures Trading Commission and National Futures Association(NFA). The discount broker is also a member of the Securities Investor Protection Corporation (SIPC) that insures the investor funds deposited with LimeFx for up to $500,000.

Limit orders are when you have the order to buy a financial instrument at a specific price. Your trade will be executed when the financial asset hits a set price. Limit orders are extremely useful as they allow you to buy stock https://limefx.name/ at a better price! It would be very time-consuming to wait for a stock to fall to a price you would ultimately be satisfied by. Therefore, you can already imagine what helping limit orders can be in your trading career.

Investment Products Available

Experienced traders looking for advanced features won’t be disappointed while beginners should have problems getting used to trading while using this platform. As the name implies, it has fewer features and would be good for someone who primarily trades from charts. LimeFx provides limefx an economic calendar, trading central, stock exchange forecasts, market analytics, trading signals, and other research materials. However, the broker does not provide comprehensive educational and learning materials, seminars, or webinars, which are crucial for beginner traders.

The platforms have the opportunity to customize needs and requirements through MAM or PAMM offerings. Opening an account with the broker is a quick and easy process with a short online registration form to complete. After this you will need to fill out a questionnaire to ensure your suitability for the products and services offered, this is done to protect inexperienced clients. If accepted you can then upload your documents to verify your identification (passport, drivers license, etc) and address (e.g. utility bill no older than 3 months). Once verified by the LimeFx account team, you can then fund your account and commence trading.

LimeFx Customer Service

I like the web platform for accessing my account on different devices without needing to install any software. The desktop platform I use for complex chart analysis and auto trading. The trading apps are ideal for me to take the markets with me in my pocket and get price alert notifications. Our LimeFxr broker review indicates that the brokerage and its trading platforms feature a host of market analysis tools to trade. There also are a host of educational, research, and news resources to help both beginner and expert traders understand and navigate the stock markets. One primary and self-evident factor to remember is that you must only deposit an amount that fits your financial capacity with either ETRADE or OptionsHouse.

Customer Support

Besides providing direct market access (DMA), low commissions, the multi-regulated brokerage provides a modern high-speed infrastructure for instant trade execution. LimeFx is a regulated online broker offering a wide range of products, services, accounts and trading platforms. They provide global traders with competitive trading conditions and fees. Our LimeFx broker review indicates that traders on the platform can trade up to 90,000 futures and futures options instruments. These are drawn from virtually every market within the finance and securities industry including stocks, indices, currencies, and commodities. Unlike most other trading products listed here, futures and futures options trading are lightly covered in the broker’s educational resources and research reports.

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites. You may need to verify your account to remove limits on particular methods in some countries. All funds deposited into your trading account must be under the same name as your LimeFx trading account.

OptionsHouse are regulated by Financial Industry Regulatory Authority (FINRA) and have been in business since 2008. Although most queries can be resolved with the need of a phone call, it is nice when we can explain ourselves with a live human being at either ETRADE or OptionsHouse. We can get straight to the point, saving us time and frustration. The information used on comparebrokers.co was updated directly from the IC Markets website. The information used on comparebrokers.co was updated directly from the OptionsHouse website. The information used on comparebrokers.co was updated directly from the ETRADE website.

If you are looking for a convenient way to trade the markets, I would certainly give them further consideration. In our LimeFx broker review, we learn that the broker hosts four proprietary trading platforms and four third party trading platforms. The in-house platforms include the LimeFx+, LimeFx pro, the commission-free LimeFx Lite, and LimeFx mobile apps.

The discount broker further provides limited ETF-related educational and research reports. LimeFx also offers partnership programs for institutional trading and for individuals who want to become introducing brokers (IB). There are three account types designed by LimeFx that are defined by the execution technology, or by the type of trader you may be.