Lime Financial
About Lime Financial
Lime Financial is a brokerage company that provides opportunities for individuals interested in earning from financial markets. The company prides itself on offering unique solutions tailored to traders with diverse trading styles. Lime Financial emphasizes its core values of honesty, transparency, flexibility, scalability, reliability, and performance.
Location and Regulation
The headquarters of Lime Financial is situated at: One Penn Plaza, 16th Floor, New York, NY 10119. Lime Financial operates under the oversight of regulatory bodies such as the U.S. Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA), National Futures Association (NFA), and Securities Investor Protection Corporation (SIPC).
Trading Platforms
Lime Financial offers a range of trading platforms, including ETNA, Lime Trader, Lime Pro, Lime Meta, and MetaTrader 5. While Lime Pro requires a monthly maintenance fee of $200 along with market data fees, other platforms do not impose trading commissions.
Financial Instruments and Accounts
Traders on Lime Financial can engage in transactions involving various financial instruments like options, securities, futures, IPOs, and other assets. The commission for trading options stands at $0.50 per contract. Lime Financial provides different account types, such as Individual, Joint with Rights of Survivorship, Custodial, Traditional IRA, Roth IRA, and more.
Deposits and Withdrawals
Financial transactions on Lime Financial’s platform are facilitated through bank transfers and the Automated Clearing House (ACH) system. The platform does not accept credit and debit cards or PayPal for fund transfers. ACH transfers typically take 1 to 3 business days to process, with no additional commissions.
Conclusion
Prior to engaging with Lime Financial, it is advisable for potential clients to research and evaluate the company’s reviews. This step can assist individuals in understanding the potential returns on investments and income opportunities when partnering with this brokerage firm.
This review has been prepared by the specialists at ExpertsReview.