I'm sorry for doing this again, long timer ET'ers. Before joining any securities business, at any level, check the balance sheets of the firm. Check to be sure that they are not a "sub-llc" - be sure they are either exchange members (which we are), or at minimum a member of the NASD...otherwise you have little, if any, recourse. The stories on ET are horrible. Due diligence, common sense, and then get involved. If you need a balance sheet analyzed, I would be glad to review it for you (I've looked at dozens for ET'ers). Don
http://www.globalfutures.com/ not sure if you want to trade remote but global will let you trade with 300.00 in an account, you can trade the ym, es, nq j trader is free
you can make your own deal, if you go with 300.00 its going to be 4.98 a side per contract but if you open an account for more then 500.00 then you can work your own deal, if your trading somewhere else then they will beat your deal
$5.00 per round trip, right? Not per side...heck, we pay too much, and it's only $4.75 round trip. Still can't compete with the floor firms who pay less than 20% of that price. (Just trying to correct). Don
I pay 5.00 for round trip but if you want to use the 300.00 margin then you pay 4.98 per side or 9.96 round trip you pay a premium for that option but for some guys it may be worth it 10.00 for a chance to reap 100- 500 a day if you trade long not great but it gives guys a chance to trade and if you only have 500.00 to start you have a 200.00 draw down before you would be called the web site has the details, theres some limits there in the fine print
"$300.00 margin" I don't think I could ever feel comfortable using that much leverage. That's insane... wow (Not smart IMO) I'm using 10k per ES contract.
Why pay the premium in commissions if you are never going to trade at $300 margins? That's just a waste of money. If you do plan on trading $300 margins, then I'd love to see your risk and money management. -Raystonn