Dorman Trading. Anyone?

Discussion in 'Retail Brokers' started by Zodiac4u, Apr 24, 2006.

  1. Zodiac4u

    Zodiac4u

    Dorman Trading,LLC

    I was hoping someone can give me some information on this Company before I open up an account. The rates are great. How about their service and anything else?

    Thanks,
     
  2. Pabst

    Pabst

    Dorman's been a long time clearing firm at the CBOT. Started by an old guy named Bernie Dorman. They mostly cleared locals. What are their rates?
     
  3. Zodiac4u

    Zodiac4u

    Dorman's been a long time clearing firm at the CBOT. Started by an old guy named Bernie Dorman. They mostly cleared locals. What are their rates?

    I always get the depends on the product you are trading. For example its about 7$ round turn for currencies includes exchange fees. A little more than some but if the company is solid and has a good trading platform I would say its a winner.
    I am down loading there trading platform as I write. I will let you know tomorrow regarding anymore details.
    Let me know what you think about the commission cost.
    Thanks,
    JB
     
  4. jb god bless you. $7 r/t is highway robbery. you should pay no more than $4.50 r/t
     
  5. Zodiac4u

    Zodiac4u

    Maybe so there Bighitter. Who do you clear thru or maybe the question should be who holds your hard earned Cash$:

    JB
     
  6. Wow...is Dorman still around? I forgot all about them...They have been around the block, and you could prolly negotiate a better commish with them if you pushed...
     
  7. Zodiac4u

    Zodiac4u

    Wow...is Dorman still around? I forgot all about them...You could prolly negotiate a better commish with them if you pushed...

    Actually that was discussed and the guy was pretty easy and I am sure I can get him down. At this time I would like to just test the waters to see how well there platform performs before I negotiant commissions and drop off the check.

    Yes cheaper is better sometimes. In the end we all have to find a firm we are comfortable with.


    Thanks,
    JB