One of many primers you can find on them... https://www.thebalance.com/commodities-what-is-an-fcm-808849
I just am about to start trading futures. I am going with infinity futures because you can reach a human when internet does weird things on you. I'll probably never will use it but it makes me more comfortable to know that I can.
It is a general question; it depends on many factors: his account size, instruments, monthly roundturns, chosen front-end, broker signing the agreement...
I am not yet trading there, so I can't tell ... I am not going for cheapest ... I want insurance that they take up when I phone them.
I agree, that is a good idea if you do not need the lowest commissions for your strategy. I am just interested in what they charge, just curious. I had an account with Transact/ York business (which is the FCM behind Infinity Futures) years ago, and was pretty satisfied with them back then.
Ninjatrader Tradovate Infinity/ Transact DeepDiscountTrading TradeFutures4Less Futures Online/ Gain Capital GFF brokers RCG (through an IB for small accounts) Zumo or Generic Trade Optimus Futures There are plenty that offer what you are looking for. It depends what is important for you. For you I would suggest Ninjatrader or another IB that introduces to Dorman, or Infinity/ Transact or Gain Capital. Or you talk to Matt from Optimus Futures, I am sure he will be happy to guide you to the right solution for your needs.
If you want to use TT with your new broker this would narrow the list that I posted before down to the following: TradeFutures4Less (FCM is Dorman Trading) RCG (through Sweet Futures as the IB, for example) and maybe Optimus Futures From these 3 remaining options, I would go with Optimus Futures, I am pretty sure you will get the best and most knowledgable support there. You can contact the CEO, Matt Zimberg (MattZ) right here on Elitetrader, he is a sponsor and very helpful user of this site.