sorry about the confusion. re the deep discount trading broker i meant "introducing broker". i recommend interactive brokers.
I have an account with Howard ad deepdiscounttrading.com He's top service answers calls day and night. Your money is with Crossland on a seggregated account, crossland is like 4 times bigger than Velociy, so tell me what's wrong with them ? Nothing, they are one of the best.
I don't have an account with Deepdiscounttrading.com but I did come across them when researching brokers. Just to add, in addition to funds being with Crossland, they also guarantee DDT - not every FCM guarantees an Introducing Broker, so I did think this a plus. http://www.nfa.futures.org/basicnet/Details.aspx?entityid=t8uer0ohM3o=&rn=Y
i never said there's anything wrong w/ them. i only pointed out their (deep discount's) clearing firm. i don't want this thread to turn into a flame war. i meant no criticism against them or anyone else on the board.
opening an account with velocity was a breeze. and am loving the TT feed/Sierra; whatever they are doing in the background, am never going back to tos; they could even be better than NT+Mirus. Cant tell why.. fills are awesome. I have been seeing my orders getting filled when there are like hundreds of orders still in the pipe (sitting at bid or at offer) and many time youve got your lucky fills and market moves immediately in a fav. direction. Have seen that with NT but i cant say so many times.. Oh atleast for the next month or so i am paying their level 3 comm. (3.30 all included); even after that i am paying 3.52 (all included). Infact this is not costlier than the deepdiscount folks; they dont include platform fee in commissions there. So overall pretty happy camper. -gariki
Any one knos Generic Trades, they are in Chicago. can't find any trads here in Elite, any comments about them, good or bad, thank you.
in the spirit of "teach a mean to fish..." i strongly suggest using goog next time. their website is the first result. their commissions are very low (0.59 plus exchange fees so ES is 3.5 rt). http://www.generictrade.com/commissions/
I use open e cry. It's commission is 4.8 round trip, but it offers free data fee, no chart fee, no inactivity fee. It is a good place to start trading future. If anyone know anyone better in price and offers free chart or data. let me know
your overpaying with open ecry You should get about 3.80 r/t from other firms that partner with them usually you pay a higher commission going directly with them You have to shop around & neg a fair comm free platform is standard anyway with them your paying a buck more that's all