$4.90 round Turn w/ J-Trader!

Discussion in 'Retail Brokers' started by mdmbud, Dec 11, 2002.

  1. mdmbud


    I have been using AdvancedFutures.com for awhile and like their product. Figured I would let people on the board know that they just made a crazy shift and offer round turn fees for $4.90, which includes the J-Trader....

    This price war amongst brokers has been great for me!

    Well, I just figured some of you would like to know....

  2. Quah


    I wonder why thier account funding instructions say to wire the money to a RCG (Rosentall Collins group) account - yet on their website they say they clear through Goldenberg, Hehmeyer & Co..
  3. shyhh


    Is there a minimum number of trades to get J-Trader free ?
  4. H2O


    I trade with Advanced Futures, Great service !!!!
    I pay 4.90 RT no other fees and clear through Goldenberg.
    (I don't know about the minimum trades for the J-Trader, talk to them on the phone)

    I could start at another firm (also J-Trader) with $4.50 RT and no other fees but the service I experienced at Advanced is great. (I'm only trading there for a week but everything I asked was solved / done immediately)
  5. mdmbud


    It appears they use two clearing firms, GH and RC, depending on which one you open an account with. I clear through GH
  6. MarkHyman

    MarkHyman Advanced Futures

    Advanced Futures works with 3 Clearing Firms:

    Goldenberg, Hehmeyer & Co.

    GNI Inc.

    Rosenthal Collins Group
  7. mrktwiz


    What are your minimun contributions, are their any other restrictions to opening an account with them?

    That is very cheap I see why your happy....

  8. I use them also, their service is great and customer service sets them appart!
  9. Magna

    Magna Administrator

    Please understand that Advanced Futures is not necessarily $4.90 per round turn. Best to go to their website and take a look at their fee schedule:


    Nice to see that they have altered their pricing structure in the past few months, so you now can pay $4.90 per round for J-Trader with a $20,000 deposit (in the past it was either $5.90 per round or $4.90 per round + $525 per month). If, however, you deposit less than $20,000 the fee is a minimum of $5.90 per round.
  10. Quah


    Sorry, I was just going by what your website says - http://www.advancedfutures.com/clear.asp
    #10     Dec 11, 2002