A new broker/ FCM

Discussion in 'Retail Brokers' started by CALLumbus, Dec 29, 2020.

  1. CALLumbus

    CALLumbus

  2. tiddlywinks

    tiddlywinks

    Futures FCM is Gain Capital. The worst imo.

    Thanks for sharing.
     
  3. CALLumbus

    CALLumbus

  4. The NFA website states that SCORE PRIORITY CORP became a FCM on 10/15/2020.
     
  5. tiddlywinks

    tiddlywinks

    From the ScorePriority Futures FAQ...

    If you would like to fund your account via wire, please click HERE.
    If you'd like to fund your account by a different denominated currency, please refer to this page: Funding in Foreign Currencies
    SPC Futures' clearing broker - GAIN Capital - will take reasonable measures to ensure the accuracy of currency conversions, however, cannot guarantee a particular spot rate, and will not accept liability for any loss or damage which may arise directly or indirectly from the currency conversion.


    Guideline for Check deposits:


    • Make all checks payable to: Gain Capital Group, LLC
    • We only accept checks drawn from U.S. Banks
    • Personal checks are acceptable
    • All personal checks will be held 5 business days to clear
    • We do not accept money orders, or third party, or traveler's checks
    • If applicable, include your Score Priority Futures trading account number

    Mail your check to:
    Gain Capital Group, LLC
    Bedminster One
    135 US Highway 202/206
    Suite 11
    Bedminster, NJ 07921, USA
    Due to anti-money laundering laws, Score Priority Futures' clearing broker - GAIN Capital can only accept funds coming from an account in the same name as your Score Priority Futures account.



    A blurb in the Futures section on the website...

    Advanced trading technology
    OEC Trader is our free futures and futures options platform....blah blah blah



    The link from "Open Account" button from the Futures section...

    https://newaccount.gainfutures.com/CreateAccount?wlid=302&scodeid=1973&brokerid=1526


    Score is NOT a "clearing broker". Look at customer assets in CFTC document.
     
    Last edited: Dec 29, 2020
    guru and CALLumbus like this.
  6. qlai

    qlai

  7. Have you tried their demo yet? I think that is one way to find out more about a broker. This will give you some information beyond the reviews. I do that all the time and that’s how I got my brokers too. You can try this for the functioning and information about FCM.