Lime Financial vs TradeStation - BrokerCue
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Broker Comparison

Lime Financial vs TradeStation

Compare Lime Financial and TradeStation side by side: fees, regulation, platforms.

Lime Financial

Lime Financial

Active traders seeking low-cost DMA

Lime Financial is a US agency broker offering commission-free stock and ETF trading, low-latency DMA, optionsโ€ฆ

VS
TradeStation

TradeStation

Active traders using stocks, options and futures

TradeStation offers active trading in stocks, ETFs, options, futures, mutual funds and bonds, with desktop, wโ€ฆ

Head-to-head comparison

Lime Financial vs TradeStation
Feature Lime Financial TradeStation
Minimum deposit - -
Stock trading fee $0 commission via market maker venues (domestic accounts); DMA routing: $0.005 per share; extended hours: $0.003 per share surcharge $0 commissions; sub-dollar/OTC $0.005 per share
Regulators FINRA, SEC, NFA, SIPC SEC, CFTC, FINRA, NFA
Best for Active traders seeking low-cost DMA Active traders using stocks, options and futures
Markets & account
Stocks
ETFs
Bonds
-
Options
Futures
Margin
Funds
-
Demo Account
-

Pros & cons

Lime Financial

Lime Financial

Pros

  • Commission-free stock and ETF trading via market maker venues
  • Low DMA rate of $0.005 per share for direct routing
  • Low options commission of $0.50 per contract
  • Multiple platform choices including Lime Trader, Sterling, CQG, and Bookmap
  • IRA and multiple account types supported
  • Agency-only broker model with no proprietary trading conflicts
  • SIPC membership protects accounts up to $500,000

Cons

  • No demo or paper trading account available
  • Inactivity fee of $15 per quarter for low-activity accounts
  • Minimum account balance of $1,000 for cash accounts, $2,000 for margin
  • No OTC stock trading
  • No GTC (Good-Till-Canceled) orders supported
  • Wire transfer fees for deposits and withdrawals
  • No fractional shares
  • Platform depth may overwhelm beginner traders
TradeStation

TradeStation

Pros

  • $0 stock and ETF commissions in the pricing table
  • Options fall to $0 per contract above 10,000 monthly contracts
  • Micro futures commissions start at $0.25 per contract, per side
  • FuturesPlus has no platform fees
  • Simulated trading supports paper trading and backtesting
  • API access supports custom multi-asset execution workflows
  • Cash balances over $100,000 can earn 0.15%

Cons

  • $10 monthly inactivity fee unless minimum activity is met
  • Outgoing account transfers cost $125
  • Sending wires cost $25 or $35 depending on account type
  • Mutual fund trades cost $14.95 per transaction
  • Sub-dollar and OTC equity trades cost $0.005 per share
  • FuturesPlus futures trades cost $1.75 per contract, per side
  • Margin positions require a minimum of $2,000
  • Non-brokerage platform access costs $99.99/$199.99 monthly
Lime Financial

Lime Financial

Lime Financial is a US agency broker offering commission-free stock and ETF trading, low-latency DMA, options, and futures via proprietary and third-party platforms.

Your capital is at risk. Other fees apply.

TradeStation

TradeStation

TradeStation offers active trading in stocks, ETFs, options, futures, mutual funds and bonds, with desktop, web, mobile, FuturesPlus and API tools.

Your capital is at risk. Other fees apply.

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