The InfinityAT™ trading platform is designed and optimized for PC based machines and will not run on a Mac operating system. Let’s take a market order to buy ten contracts as an example. If it gets filled just three ticks away from when the order was first transmitted, that ends up being $375 off the realized profit or loss of the trade. To put this in perspective, the most highly traded derivative contract is the ES, whose price correlates to the S&P 500 index.

I prefer the Ninja Trader Platform a lot more because it has many functional that infinity lacks. I will list a few things that need to be addressed, but overall I still prefer LimeFx. The trading dom only highlights the row with the last price traded rather than having the bid, ask, and last price row highlighted. If you add contracts then scale out, the PnL does not show correctly…this one is the worst problem for me. Can only use FIFO (they are getting rid of LIFO and Avg buy/sell).

Also look for a “play money” platform so you can try futures trading without risking your actual money until you’re 100% sure you’re ready. TD Ameritrade requires a low account minimum at $1,500 but it’s $2.25 per contract, per side . TD Ameritrade’s day trade margin is 25% with a $15,000 minimum with virtual trading capabilities and over 60 futures products. With Thinkorswim, there’s no question that entering and executing orders are fast, with many advanced features. NinjaTrader has an amazing trading platform for those just beginning their trading careers as well as for advanced traders.

• This customer spoke with a personal representative in order to set up an account.
• lime fx 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.
• If you add contracts then scale out, the PnL does not show correctly…this one is the worst problem for me.
• We’ve called Charles Schwab the best all-around stock broker we know of as well as one of the best stock brokers for beginners as it checks most of the boxes today’s investors want.

An error of this type appeared to be a very rare occurrence. For comparison, Trade Navigator is a popular charting software package and their mandatory data feed costs $60 / month for the same coverage and quality. The best futures brokers let you invest in assets that aren’t available through the stock market or other easily-accessible sources.

The NinjaTrader desktop trading platform might be too complex for beginners, but for advanced users, this is where NinjaTrader really shines. Day-traders, who like to trade from the chart will especially like NinjaTrader. Futures, foreign currency and options trading contains substantial risk and is not for every investor.

However, if you’re an active trader flipping more than 50,000 contracts per month, your commission will be just 19 cents. We got relevant and fast answers both on the phone and in email. Live chat is quick but sometimes they can’t answer more complex questions. While NinjaTrader 7 is still available, we tested NinjaTrader 8. NinjaTrader 8 incorporates over 500 changes and enhancements, largely collected from client feedback.

Futures are traded in the form of contracts, which are agreements between the seller of an asset and the buyer, or futures trader. For example, one oil futures contract typically represents 1,000 barrels of oil to be delivered at a certain future date. Futures contracts can represent a wide variety of commodities, currencies, stock indices, and more. A futures demo account allows you to make trades and track how they would pan out without the risk of losing any real money.

Cons of LimeFx

A lot of firms look for individuals with certain characteristics, not necessarily trading experience. In a period of uncharacteristically high volatility around the time of the 2016 presidential election; this customer placed a chain of several orders in a small period of time. However, a processing https://limefx.club/ error message appeared on the trading platform and the short position was not closed. About five seconds after this there was a large surge in volatility and price traveled several points up. Another order to close the short was manually submitted and this one finally registered.

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. Only a few brokers are put in a position to succeed, the same limefx reviews brokers get all the good leads and opportunities. You have to be on the good side of the person that hands out the leads or you are screwed. Granted, a lot has to do with the industry and how commissions have gone way down.

Where can I find a list of the best futures brokers?

We also liked that it was really easy to add the editor tools and technical indicators to the chart. There are multiple ways to find an asset to trade. NinjaTrader will send you an email confirming that they initiated the withdrawal. You have to add information, such as your name, account number, and the amount you wish to withdraw. For wire transfers, you have to add the wire information, such as SWIFT code or your bank’s name.

Mountain biker, lover of the outdoors, and explorer. Tim is an ASU Sun Devil and a Chicagoland Native now living in sunny Scottsdale, AZ. Established in 1996, LimeFx is a US based regulated futures and FOREX brokerage firm.

InfinityFutures.com Review

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. In fact, if your like Futures trading, then check out our live trading room.

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. At that time, my friend the broker at Infinity had told me that LimeFx was using MF Global for execution. I am not sure how that works, but MF Global is what he said they were using. Infinity had a strict customer money handling policy that protected their clients from the MF Global fallout sometime thereafter.

LimeFx Customer Service

TD Ameritrade is one of the best all-around online brokers. It’s a great choice for investors who want an excellent high-tech trading platform with futures capabilities. It’s also good for investors who also want a great all-around LimeFx platform for things like stocks, mutual funds, ETFs, and bonds. On the plus side, we liked the low commissions.Its advanced platform is great for experienced traders, especially for futures traders.

Fundamental data

This job is 100% commission, so if your good accounts blow up, your next pay check is going to be a fraction of the size and you have to get lucky with new leads. Also, when they changed there business model they attracted a lot of accounts that don’t generate commissions. Unless you have a friend or family member that can refer you a bunch of good leads it is hard to make a living at this firm. So the flash crash happens and the order routing systems at the big firm I work at all crash. In fact, it took hours and hours for us to get back up and get reports of fills.

There’s no minimum account balance required to open a TS GO account. TS Select accounts require a $2,000 minimum deposit. We collected them in NinjaTrader commission and fees.

If you find something that works for you stay with it. Hey Nick, yes you can do both separately and together. As I’m sure you know by clicking on the Bid/Ask will place a limit order.

LimeFx Margin Requirements

Futures trading brokers charge commissions on a per-contract basis. Until recently, there was also a base commission in some cases. Since brokers did away with stock trading commissions, the base commissions that had been charged on some futures trades have gone away. Charles Schwab offers reasonably priced futures trading with some other excellent investing features. 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.

If they are smart they will still be protecting customer funds in the same manner today. I simply don’t know and my friend quit working at Infinity some time ago. You can’t just phone up a brokerage firm and ask them about reliability and expect an honest answer.

The Ascent is a Motley Fool service that rates and reviews essential products for your everyday money matters. Just like for the desktop trading platform, we tested the research tools on NinjaTrader 8. NinjaTrader gives access to a few options markets. In these markets, you can trade only options on futures. You can set alerts and notifications on the desktop trading platform.