Synthesis Bank?

Discussions about brokerage firms for futures, stocks and other tradeable instruments.
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Roscoe
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Synthesis Bank?

Post by Roscoe » Thu Oct 05, 2006 5:30 pm

www.synthesisbank.com Does anyone here know anything about this broker? They have what looks like quite a decent trading platform and their fees are OK (~$6 round turn for futures). Perhaps some of our European members may know of them? Thanks in advance.

Old European
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Post by Old European » Fri Oct 06, 2006 5:18 am

Avoid them. They have a reputation of being very unreliable.

Roscoe
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Post by Roscoe » Fri Oct 06, 2006 8:09 am

Thanks for that Old European, they do have a sort of 'bucket shop' feel to them but I can't put my finger on it.

Is there anyone in Europe that you would care to recommend?

ecritt
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Post by ecritt » Fri Oct 06, 2006 8:49 pm

Roscoe,

What are you trying to do? Calyon and Fimat have excellent coverage in Europe. IB has good coverage and dirt cheap executions.

ec

Old European
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Post by Old European » Sat Oct 07, 2006 11:33 am

Man Financial. Not the cheapest player, but good fill quality and very reliable.

Roscoe
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Post by Roscoe » Sun Oct 08, 2006 12:55 am

ecritt wrote:What are you trying to do? Calyon and Fimat have excellent coverage in Europe. IB has good coverage and dirt cheap executions.
ec
Hi ecritt. I'm trying to find a broker with the following:
1. An order platform that is intuitive to use and does not confuse the heck out of me (which IB's does) and where I can try it first with a demo account to see if I can 'drive' it (again, IB does not appear to offer a 'practise' account, just a canned demo);
2: Covers some pit-traded things such as CBOT Corn;
3. High reliability!
4: Has reasonable fees/costs/margin requirements - not looking for 'bargin basement' here, just not exorbitant is all

Old European, I have looked at MAN before but that clunky M-Trade order platform is kind of rough unless it has been updated recently. Their margins are pretty steep too, at least they were the last time that I looked: about twice that of most US brokers.

Open E-Cry is another contender - nice order platform, etc.

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