Lime Trading becomes the only broker connected to TakeProfit

May 3, 2024 2:32 pm UTC, Rick Steves

Lime Trading has announced a partnership with TakeProfit, a community-driven trader platform, to provide retail traders with an enhanced trading experience. This collaboration merges Lime Trading’s trade execution expertise with TakeProfit’s innovative platform, offering traders a unique set of capabilities.

Lime Trading is now the only broker connected to TakeProfit, providing exclusive access to a trading widget native to the TakeProfit platform. This allows users to ideate and trade in a seamless experience without ever leaving the platform.

Equipping retail traders with essential tools

TakeProfit is a platform that facilitates sharing research and making better trading decisions, allowing members to capitalize on their expertise. Lime Trading, a US-regulated low-latency execution brokerage, offers a broad range of APIs, platforms, and technology solutions to traders worldwide. This partnership aims to equip retail traders with the essential tools needed to navigate today’s dynamic markets efficiently.

CEO Statements

Johan Sandblom, CEO at Lime Trading, expressed excitement about the integration with TakeProfit. Alexey Shulzhenko, Founder & CEO at TakeProfit, echoed this sentiment, stating that Lime’s focus on providing lower latency technology aligns with their mission to bring traders the tools they need to trade more effectively.

Lime Trading’s Regulatory Issues

Earlier this year, the NFA ordered Lime Trading to pay a $100,000 fine over failing to file various required financial reports and notifications timely with the US regulator. Despite paying late fees and receiving warnings from NFA and the CFTC, Lime Trading’s failure to file timely financial reports continued, leading to the hefty fine.

Conclusion

Despite regulatory issues, Lime Trading continues to innovate, providing retail traders with advanced tools and technology. The partnership with TakeProfit is a testament to their commitment to enhancing the trading experience for their users. Traders wanting to try the TakeProfit trade integration that do not yet have a Lime account can sign up for a free demo paper account.