If I trade the ES and want to close my position I just place that order and film myself placing that order. If the broker would refuse that order I will keep him accountable for the losses not me. If would also call him and record that conversation. Do you think a broker would take that risk? For the missed commission of less than $1 per contract? On top of that, I wish him good luck trying to recover a $500 loss on my account if I live in Europe.
MrAgi1, it seems like you need to grow your account by saving more money or perhaps take a second job. The markets aren't going anywhere. Go save more money and return when you are properly capitalized.
ICmarkets will give you 400:1 for fx 200:1 for indexes, based in Australia but farmed out middle of the sea or something all foreign accounts, i think they have negative balance protection, fxcm does for sure, ie not liable for negative balances, nearly got bankrupted 2 years back on a huge millisecond move, so many accounts went negative hugely.
You should trade futures contracts only with the exchange minimums in mind. Otherwise you will wipe clean your account. I.E., With 10K, you should not be trading ES, PERIOD. End of line.
Yes. but they do not offer derivatives like options or futures trading. And any broker that does usually offer around 2 to1 or at most 6 to 1 on options trading(exchange-traded options).
I stand corrected. Thinkorswim (TD Ameritrade) is a shitty platform for futures only, because they don't do SPAN margin for spreads, and doesn't offer daytrading margin. It's an acceptable platform for Forex. In fact, if I were trading Forex, it would be my platform of choice, because things like Market Profile are built into the platform whereas other platforms it is an "add-on." Also, I they increment Forex movements at the tick level as opposed to the pip level.