Global Brokerage, Inc. was incorporated in 2010 and is based in New York, New York. On March 23, 2023, an involuntary petition for liquidation under Chapter 7 was filed against Global Brokerage, Inc. in the U.S. On May 19, 2023, the involuntary petition was approved by the Court. Its majority economic owner is the Jefferies Financial Group.
In the case of a stock CFD, the underlying asset is a stock. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.
In December 2010, LimeFx completed an initial public offering and began trading on the New York Stock Exchange under the ticker symbol, LimeFx. Share prices started at $14 with 15,060,000 shares for a total share capital of $211 million. In its IPO prospectus, LimeFx described its no dealing desk trade execution. Stock CFD trading fees at LimeFx are relatively low, making this broker a great choice if trading costs are your primary consideration. LimeFx offers a social trading service via the third-party service provider ZuluTrade. Access is provided through ZuluTrade’s own trading platform, where you will have to register with your LimeFx account number.
We tested it and collected the options and costs in How to withdraw money on LimeFx. You can search by typing in the name of the product, while there is also a categorized breakdown, for e.g. major currency pairs. If you are unfamiliar with some of these terms or want to learn more, read our overview of order types. There are a lot of deposit options at LimeFx, including electronic wallets such as Neteller, Skrill, Unionpay.
Since 1988 it has more than doubled the S&P 500 with an average gain of +24.17% per year. These returns cover a period from January 1, 1988 through September 4, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.
Your profit or loss is based on the difference between the opening and closing price of the CFD. LimeFx provides a wide range of order types on the desktop trading platform. A two-step authentication would be more secure and adding this feature should be high on any company’s list of security changes.
ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. Only the clients of Forex Capital Markets scammed by limefx Limited and LimeFx EU LTD are covered by investor protection. The web trading platform is available in several languages. We tested the credit card withdrawal and it took more than 3 business days.
Active Trader accounts require a $25,000 minimum account equity. LimeFx offers foreign currency trading brokerage and services to individuals over the internet. CFDs, short for Contract for Difference, are trading instruments that allow you to speculate on the price movements of an underlying asset without actually owning it.
LimeFx provides free phone support for the residents of 42 countries. When we tested customer support, an agent was connected almost immediately both on live chat and phone. We got relevant answers on both platforms.We also received relevant answers to queries sent by email. The response time was about one day.The only thing we missed was 24/7 availability.
We ranked LimeFx’s fees as low, average or high based on how they compare to those charged by all the brokers reviewed by us. We compared LimeFx’s fees with those of Forex.com and Pepperstone, two similar brokers selected by our analysts. This selection is based on objective factors such as products offered, client profile, fee structure, etc. We also drew up a more detailed rundown of LimeFx alternatives. You can set alerts and notifications on the desktop trading platform. The LimeFx mobile trading platform is user-friendly and well-designed.
The majority economic owner of LimeFx is the Jefferies Financial Group. The stock exchange listing increases transparency, as the company publishes annual reports.LimeFx was founded in 1999. The company’s https://limefx.vip/ more than 20-year history signals that LimeFx can sustain operations despite periods of economic distress. The company had been fined multiple times from 2005 to 2017 and there were name changes also.
You can’t change the leverage levels of the products, which is a drawback. Changing the leverage manually is a very useful feature when you want to lower the risk of your trade. Be careful when trading forex and CFD as the preset leverage levels may be high.
The companies that are listed in this index range from a variety of industries like Technology, Telecommunications, Biotechnology, Media, and Services. The NASDAQ-100 was first calculated in January 31 of 1985 by NASDAQ and it is a modified capitalization-weighted index. This index has been of good reference to investors that want to know how the stock market is performing without financial services companies, this given that the index excludes financial companies. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system.
However, we did not find any problems from 2018 onward.Being regulated by a top-tier regulator is a great sign for LimeFx’s safety. Another key difference is that stock CFDs and other CFDs are typically traded using leverage. The main idea of trading with leverage is controlling a much larger trading position than you could otherwise afford with just the money you deposited. It’s not always immediately obvious whether a broker offers stock CFDs or only real stocks. And even when stock CFDs are available, fees are sometimes high and product selections can be thin.