PRICING
HIGH QUALITY EXECUTION
Lime Direct
Tiered Direct-Market-Access Pass-Through Pricing ModelDMA platform with low-latency execution via FIX or binary protocols. Built for institutions and advanced traders.Equities executed/month
Price per share
Less than 1,000,000
$0.0030
1,000,000-2,000,000
$0.0025
2,000,001-5,000,000
$0.0020
5,000,001-10,000,000
$0.0018
More than 10,000,000
Please for customized pricing |
Includes: Lime Commission and Clearing fees
Excludes: Exchange, Regulator fees (SEC, FINRA, CAT), Pass-Throughs
HIGH QUALITY EXECUTION
lime trader
Fast, front-end trading platform with advanced charting, real-time data, and smart order routing. Built for active retail and professional traders.Domestic AccountsZERO
Commission Rate*Non-US Accounts$0.005 per share
Commission Rate*Additional Information on Commission Rates*

US/Domestic Accounts:
• Unlimited, $0 commission* trading on U.S.-listed stocks and ETFs through market maker venues.* Commission-free trading only available through the Lime Trader trading platform. Free commission trading does not include options, OTCBB or Pink Sheet securities, or transactions executed during extended hours trading. Other fees, such as regulatory, service, or other fees, will apply. All investing incurs risk, including but not limited to possible loss of principal. Further information may be found on our Disclosures Page.
• $0.005 per share for DMA orders.
• $0.003 per share for Extended hours orders.
Other fees, such as regulatory, service, or other fees, apply.
Non-US Accounts:
Beginning September 1, 2025, Lime Trading will implement the following commission rates for non-U.S. domiciled accounts:• Commission rate of $0.005 per share
• $0.50 minimum per ticket
Other fees, such as regulatory, service, or other fees, apply.
This policy change follows a comprehensive review of our global operations and reflects our commitment to maintaining high-quality execution for all clients, complying with international regulatory standards, ensuring the long-term sustainability of our services for all clients. We remain dedicated to providing competitive pricing, exceptional service, and reliable access to U.S. markets. If you have any questions about how this change may impact your account, please contact support@lime.co.
Margin Rates

Debit Balance | AXOS Rates | Vision Rates | Wedbush |
---|---|---|---|
$0.01 – $9,999 | 12.50% | 11.50% | Fed Funds rate +150bps |
$10,000 – $24,999 | 11.50% | 10.50% | |
$25,000 – $49,999 | 11.00% | 10.00% | |
$50,000 – $99,999 | 10.75% | 9.75% | |
$100,000 – $249,999 | 10.50% | 9.50% | |
$250,000 – $999,999 | 10.25% | 9.25% | |
More than 1,000,000 | Please for customized pricing | 9.25% |
Regulatory Fees

Securities and Exchange Commission (SEC) Fee
SEC Section 31 transaction fees are charged by the government to recover the costs of regulating the securities markets. The fee is charged on all security sales, based on the total principal (dollar) amount sold. The current rate is $0 per million dollars for covered sales. Effective May 14, 2025Trading Activity Fee (TAF)
Trading Activity Fee rates are as follows: Each member shall pay to FINRA: (1) $0.000166 per share for each sale of a covered equity security, with a maximum charge of $8.30 per trade; (2) $0.00279 per contract for each sale of an option; (3) $0.00011 per contract for each round turn transaction of a security future, provided there is a minimum charge of $0.014 per round turn transaction. In addition, if the execution price for a covered security is less than the Trading Activity Fee rate ($0.000166 for covered equity securities, $0.00279 for covered option contracts, or $0.014 for a security future) on a per share, per contract, or round turn transaction basis then no fee will be assessed.Consolidated Audit Trail (CAT) Fee
The FINRA Current CAT fee level will be adjusted to $0.000005 per equivalent share for options and equities executed on an exchange and the historical CAT fee level will remain $0.000013 per equivalent share for options and equities executed both on and off exchange. Effective July 1, 2025.Fee Type
Current CAT Fee
FINRA CAT Fee
Historical CAT Fee
Rate – Starting July 1, 2025
$0.000009
$0.000005
$0.000013
Other Fees
The fee schedule below is applicable to the Smart Routing Execution scheme only. For the DMA related fee schedule please

Standard Bank Transfers (ACH)
ACH Deposit/Withdrawal | Free |
---|---|
ACH Returned | |
AXOS | $50.00 |
Vision | $10.00 |
Client Services
Records Research | $100.00 per hour (1/2 hour minimum) |
---|---|
Transfer On Death Agreement | $50.00 One-time setup charge |
Returned Mail | $30.00 Quarterly fee charged to accounts with returned mail associated with the address on file. To update your new address, please submit a Change of Address Form |
Returned Mail Maintenance Fee | $30.00 |
Worthless Security Processing | $30.00 |
Dividends & Corporate Actions
Dividend Reinvestment (DRIP) | Free |
---|---|
Tenders (Voluntary Corporate Actions) | $50.00 per item |
Mandatory Corporate Actions | $30.00 per item Mandatory Corporate Actions include stock splits, mergers, spin-offs, etc. |
Inactivity Fee
Inactivity Fee | $15 per quarter |
---|---|
The inactivity fee will be waived under one of the following conditions:
– At least 5 trade executions per calendar quarter; or – At least $25,000 is maintained in the account. | |
Statements/Confirmations
E-Statements | Free |
---|---|
E-Confirmations | Free |
Paper/Duplicate Statements | $5.00 per statement |
Paper/Duplicate Confirmations | $3.00 per confirmation |
Tax reporting
Form 1099 Copy Request (Dated within the last 2 years) | $5.00 |
---|---|
Form 1099 Copy Request (Prior last 2 years) | $10.00 |
Trade Settlement
Foreign Settlement Fee (ADRs exempt) | At cost. This fee varies based on the number of counterparties involved. The fee applies to transactions and account transfers involving foreign securities that are not registered in the U.S. and not DTC eligible |
---|---|
Physical Settlement Fee | Physical Settlement Fee. At cost, per certificate. Applies to transactions and account transfers involving domestic securities that are not DTC eligible. (The fee may also apply to transactions involving securities with a DTC “chill” restriction.) |
Regulation T Extension | $25.00 per request, plus margin interest |
Account Transfer Fee
ACAT Incoming Transfer | Free |
---|---|
ACAT Outgoing Transfer | |
AXOS | $80.00 |
Vision | $75.00 |
ACAT Outgoing Partial Transfer | |
AXOS | $80.00 |
Vision | $25.00 |
DTC Delivery | |
AXOS | $30.00 per security |
Vision | $25.00 per position |
Worthless Securities minimum account balance | $250.00 This minimum balance is to offset the fees incurred for holding these types of securities. The minimum amount required may be greater than $250.00 and is determined by the number of positions held. |
Fee to remove a worthless security
from account | |
AXOS | $30.00 per security processed |
Vision | no fee |
WIRE
Wire – Outgoing – Domestic | |
---|---|
AXOS | $35.00 |
Vision | $35.00 |
Wire – Outgoing – Foreign | |
AXOS | $80.00 |
Vision | $75.00 |
Wire Return Fee | |
AXOS | $25.00 |
Vision | $20.00 |
We do not accept third party wires. Incoming third party wires
will be returned and the Wire Return Fee will be charged to the account. |
Clearing Firm Fees
AXOS | |
---|---|
Mandatory Corporate Action Fee | $30.00 |
W-8Ben Processing Fee | $60.00 |
Transfer on Death Agreement (TOD) | $50.00 One-time setup charge |
Tenders (Voluntary Corporate Actions) | $50.00 per item |
Paper/Duplicate Statements | $5.00 per statement |
Paper/Duplicate Confirmations | $3.00 per confirmation |
Vision | |
Mandatory Corporate Action Fee | $30.00 |
Tenders (Voluntary Corporate Actions) | $50.00 per item |
Inactivity Fee | $15.00 per quarter |
Paper/Duplicate Statements | Variable. Free for clients located in the US. |
Paper/Duplicate Confirmations | $2.00 per confirmation |
Trading Fees
Option Exercise/Assignment | $20.00 per exercise/assignment |
---|---|
Broker Assisted Treade Fee | $20.00 |
Sell-Out/Buy-In Notices | $25.00 |
Foreign Stock Transaction Fee | $75.00 per trade |
IRAs
IRA Annual Fee | Variable. Fee is based on custodian. Please contact support@lime.co for inquiries. |
---|---|
IRA Closing Fee | Variable. Fee is based on custodian. Please contact support@lime.co for inquiries. |
Stock loan
Hard to Borrow Fee | Variable. |
---|---|
Other requirements
**Following account requirements applies to the Smart Routing Execution scheme only. For the DMA related requirements (Portfolio Margin) please contact us for a customized offeringRequired Minimum Balances
Cash accounts | Your account value must be at least $1,000* to begin trading. Under $1,000: trading capability ceases until equity is raised (liquidation only orders) |
---|---|
Margin accounts | Your account value must be at least $2,000** to begin trading. Under $2,000: trading capability ceases until equity is raised. *($5,000 in EDD countries for both cash and margin) |
Margin requirements
Trading on margin is not appropriate for every investor. Please see our Margin Disclosure Statement for information on risks.Long Stock
Price | Initial Requirement | Maintenance Requirement |
---|---|---|
$3.00 or less | 100% | 100% |
3.01 - $5.00 | 50% | Greater or $2.00 per share or 50% |
$5.01 or more | 50% | 30% |
Short Stock
Price | Initial Requirement | Maintenance Requirement |
---|---|---|
3.01 - $5.00 | $2.50 per share.
Cannot open short
positions for stock
priced below $3.00 | Greater of $2.50 or 100% |
$5.01 or more | The greater of $5.00
or 50% | The greater of $5.00 or 40% |
Concentrated Positions
If one long equity position accounts for more than 50% of the total margin account’s value, then the maintenance requirement for that equity security will be adjusted to no less than 50%.Please note that Lime Trading reserves the right to set a higher concentration requirement on certain stocks it deems too volatile. Additionally, stocks priced below $5.01 have a requirement of no less than 50%.
Lime Direct
Tiered Direct-Market-Access Pricing ModelOptions executed/month
Price per contract
Less than 5,000
$0.60
5,001-10,000
$0.40
More than 10,000,000
Please for customized pricing |
Lime Trader
SMART ROUTING EXECUTION
$0.50
per contract
Options Regulatory Fee (ORF)

ORF
The Options Regulatory Fee (ORF) is a transaction-based fee charged by options exchanges and collected by the Options Clearing Corporation (OCC) to offset the costs of supervising and regulating the options market. This fee varies based on industry volumes and is assessed to buy and sell option orders at a rate of $0.02645 per contract. Effective July 1, 2025.Option Exercise/Assignment


$20.00 per exercise/assignment
Options involve risk and are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Please review the Options Clearing Corporation Options Disclosure Document for the risks associated with trading options before trading. Hedging and protective strategies generally involve additional costs and do not assure a profit or guarantee against loss. With long options, investors may lose 100% of funds invested. Covered calls provide income, downside protection only to the extent of the premium received, and limit upside potential to the strike price plus premium received. Multi-leg option orders are not a standard option trade. There is no national best bid or offer for multi-leg orders. Multi-leg trades are executed on the exchanges at the discretion of specialists or market makers, who cannot be held to a net price on a multi-leg order. Therefore, you may not receive the national best bid or offer on each individual leg of an order. Multi-leg orders are executed as a single trade on the same exchange. Legs cannot be executed separately on different exchanges to get the national best bid or offer for each leg. Each individual leg of a multi-leg order can be subject to early exercise risk, possibly taking away the protection that the multi-leg position may provide. Partial or full assignment on a leg may originate a margin call or losses greater than you anticipated when you entered into the position. When a multi-leg order is canceled or filled, additional reporting may be required by the specialist or market maker. Reporting fills and cancels may cause delays and create risks, especially in fast moving markets. Additional risks might be associated with multi-leg options trading.Other requirements
**Following account requirements applies to the Smart Routing Execution scheme only. For the DMA related requirements (Portfolio Margin) please contact us for a customized offeringOption Order | Initial Requirement | Maintenance Requirement |
---|---|---|
Short Calls | Options Premium | Whichever is greater): 35% of the underlying market price minus out-of-the-money OR 10% of the underlying market price |
Short Puts | Options Premium | Whichever is greater): 35% of the underlying market price minus out-of-the-money OR 10% of the strike price |
Credit Spreads*** | Difference between
Strike Prices | Option Premium x Number of
Contracts |
Debit Spreads*** | Net debit paid multiplied
by the number of contracts | Option Premium x Number of
Contracts |
Short Straddles | Short Call or Short
Put requirement (whichever
is greater) | Option Premium x Number of
Contracts |
Minimum Equity Requirements for Options
Short calls | Short Puts | Spreads | Credit Straddles |
---|---|---|---|
$100,000 | $25,000 | $5,000 (when Short Leg
expires AT or BEFORE Long
Leg expires) | $100,000 |
- | - | $25,000 for Put Spreads
(when Short Leg expires
AFTER Long Leg expires) | - |
- | - | $100,000 for Call Spreads
(when Short Leg expires
AFTER Long Leg expires) | - |
• Pink Sheets, OTC Bulletin Board (OTC-BB) and Leveraged ETFs / Stocks are NOT margin eligible.
• For a list of Lime Trading non-marginable securities, email us at info@lime.co
• Margin Calls & Flags Guidelines
Maintenance requirements may be set higher for certain stocks if considered necessary by our clearing firm.