Finding a Broker

Discussions about brokerage firms for futures, stocks and other tradeable instruments.
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Frank
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Finding a Broker

Post by Frank » Wed Jun 25, 2003 3:25 pm

Hello everyone,

I am new to futures trading - wondering if any of you had any advice on opening a Brokerage Account with a reliable firm.

Regards,

Kiwi
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Post by Kiwi » Tue Jul 01, 2003 7:04 am

You need to provide more info about what you will trade, how much time you can commit etc.

John

Frank
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Post by Frank » Sun Jul 27, 2003 1:34 pm

Thanks for the reply,

I will be committing part time efforts towards my trading in the early stages - I work full time, so most of the trades will have to occur after hours. (7pm - midnight) and/or early morning (5am-7am). Most likely at night since I'm not a morning person....

Respectfully,

Kiwi
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Post by Kiwi » Sun Jul 27, 2003 6:52 pm

Frank,

If you want a full service account (where you can, say email or phone orders to your brokers for execution during US daytime and next o'night) then I would recommend

Fox Futures (Kevin Riordan) or
Attain (Jeffrey Eizenberg)
I am sure the yp's firm is also fine.

If you want direct entry (to electronic markets only including futures and stocks) at the lowest possible price (but lousy personal service) then many people seem to use Interactive Brokers. I use them as well and there are some great order entry tools out there that put automatic targets and stops in with your orders.

John

wwresources
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How to Trading at LME market ?

Post by wwresources » Sun Apr 11, 2004 12:08 pm

Hi All,

Can someone here help me to find a broker or online trading method which enable me to trade at the London Metal Exchange market. It trade Aluminium, Copper, Nickel, Zinc, Silver, Tin etc.

Thanking in advance.
regards,
Desmond

Chris67
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Post by Chris67 » Thu Apr 15, 2004 9:28 am

Kiwi ..
Do interactive brokers enable you to trade the softs in new york .. presumably this must be done via the phone ... i am currently using man and finding the service beyond tragic
Regards

trendyguy
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Post by trendyguy » Sat Apr 17, 2004 3:18 pm

Chris
Only electronically traded contracts can be traded at IB. Some electronic
contracts are not available to my knowledge. eg. Access Copper.
No Pit Traded contracts of any kind are offered.
It would seem they don't go to much effort to disclose this fact to
prospective customers.
Great for stocks and Globex Curriences, RT only $4.70
This has been the only negative I have found with IB
I wish they had all futures available.
TG

trendyguy
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Post by trendyguy » Sat Apr 17, 2004 3:23 pm

Has anyone used insignia Futures. Could you please provide your biased
and helpful opinion. http://www.insigniafutures.com/
TG

MeanGoGene
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Also see if there is any hidden cost

Post by MeanGoGene » Thu Apr 29, 2004 12:52 pm

Some brokers will add a transaction fee under your nose for extra profits. So if you do start a account and do a trade look at all your fees. Also find out if you pay fees+commisson or is your total commisson is all inclusive excluding fees. To find out if any brokers have any infractions or violations go to http://www.nfa.futures.org/, you may want to stay away from brokers with violations.

BARLI
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Post by BARLI » Wed May 05, 2004 8:58 pm

anybody knows about insignia futures firm ? they have pretty low comissions. another question is why so many traders prefer trading through brokerage frims that deal with Refco LLC clearing house?

good brokerage is very important to any trader... :D

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