FAQs & Insights
- Individual
- Joint with Rights of Survivorship
- Joint with Tenants in Common
- Corporate
- Limited Liability Company (LLC)
- Partnership
- Sole Proprietorship
- Trust
One can apply for an account by contacting us. Then you will be sent a new account form on the email you have provided us.
The documents required depend on the account type you have chosen and the country of your citizenship/residence. Documentation required will be based on the initial customer profile.
U.S. citizens, U.S. residents and foreign citizens can open an account. You must be at least 18 years of age to open an account.
The commission structure is based on the customer's activity. The commission rate will be shared during the account opening process.
Please contact us to withdraw funds. Customers will also have online access to request customer withdrawals.
Please contact your tax attorney for advice on any tax-related matters.
Monthly account statements will be emailed to you on file. You will also have access to your account statements online
The account profile can be changed online.
Domestic accounts may fund their account through a wire, ACH, or account transfer. Foreign accounts may only fund via wire and account transfer. No 3rd party transfers. Funding must originate or be going out to an account with a matching title.
A market order is an order to immediately buy or sell a stock or other assets at the best available price, effective for same-day orders.
A limit order is an order to buy or sell a security or other assets at a specified price or better. A buy limit order is executed at the limit price or lower, and a sell limit order is executed at the limit price or higher.
A stop order is an order to buy or sell a security or other assets when a specified price is reached. Once the specified price is reached, the order becomes a market order. A buy-stop order is entered at a stop price above the current market price. A sell-stop order is placed below the current market price.
A stop-limit order is a combination of a stop order and a limit order. Once the specified stop price is reached, the order becomes a limit order to buy or to sell at the specified limit price or better.
A GTC order is an instruction to buy or sell a security or other assets that remain in force until the order executes, expires at a specified time, or cancels.
Yes. Trading during extended hours is subject to a commission surcharge of $0.003 per share. This fee applies to orders executed on the Electronic Communication Network (ECN). Extended pre-market trading is available between 7:05 a.m. – 9:30 a.m., EST. Extended after-hours trading is available between 4:00 p.m. – 8:00 p.m. EST.
Yes. Trading Locate the “Orders” widget on the Trader platform. You will see a cancel button next to each open order. Press the cancel button to submit a request to cancel your order.
Open equity orders may only be changed between 9:30 a.m. and 3:30 p.m. (Eastern Time) during normal market hours. Outside these times, you must cancel your order and enter a new order. From the Lime Trader platform, locate the “Orders” widget. To modify the order, click on the “Replace” button, located in the “Replace” column. Please note that all order change requests are subject to prior fills, including fills not yet displayed on the system. The new quantity represents the total number of shares including shares already filled by the order being changed.
GTC (good-till-cancelled) orders remain active for 90 days or until cancelled or executed. GTC orders cannot be cancelled after hours; GTC orders may only be cancelled during market hours.
No, there is no charge to cancel an order. Please note, however, that if the order has already been filled, even partially, then the order will be charged a commission for the portion that was filled.
There is no charge to cancel and replace an order. However, please note that if the old order has already been filled, even partially, that filled order will be charged a commission. Please also note that if the new order replacing the cancelled order is filled, then the new replacement order will also be charged a new commission once it begins to be filled.
Please contact our compliance team for any customer complaints at 312-254-5044