Lime Brokerage

Quote from jjs235:

Feel free to call them and ask for your own arrangement, but here is what I have been told.

First off, they clear through separate entities like Goldman and Penson. Due to these relationships a minimum account of $500,000 is usually needed. However, the key number is how many shares you trade a day. Currently for them to profit enough off of your account the number is roughly 250,000 shares per day. If you are quickly approaching this number you may still be okay.

Could you trade forex through them? Do they provide leverage? What is their leverage if present? I have an algo that could trade huge number " 10000-20000" of trades per day so what is the minimum trade size for them?.
 
Could you trade forex through them? Do they provide leverage? What is their leverage if present? I have an algo that could trade huge number " 10000-20000" of trades per day so what is the minimum trade size for them?.

We do not presently offer forex trading.

Leverage, algo (and other forms of high-speed/low-latency) trading, and minimum trade sizes are all things that we negotiate with customers as part of account set-up.

The best way to get your questions answered is to send a mail to the trade desk (td@limebrokerage.com). Our service offerings are constantly evolving and sometimes I see people giving answers based on things that were true years ago but have changed since. The desk always can give you the most up-to-date information.

As always, I work at Lime Brokerage but I am not authorized to set up accounts nor give trading advice. The TD are the best route, and if you have any trouble reaching them you can feel free to email me as well at awexelblat@limebrokerage.com and I'll help you get connected to the right people.
 
Back
Top