newbie is looking for a broker

Discussion in 'Retail Brokers' started by Schlachtschwein, May 22, 2002.

  1. Schlachtschwein

    Schlachtschwein

    hi all,

    i am looking for a broker with

    -- daytrading margin :cool:,

    -- low commisisons :D and

    -- no account minimum :eek:.

    i am trying to scalp the sp mini.

    greetings from germany

    schlachtschwein
     
    #1     May 22, 2002
    Share
  2. Bono

    Bono

    Hi there,

    I think, not so sure that RJT has what you're looking for, except that I don't think there are brokers who don't offer an account minimum. Anyway, I think RJT ask for a small amount.

    http://www.rjt.com/
     
    #2     May 23, 2002
    Share
  3. alanm

    alanm

    IB (www.interactivebrokers.com) fits your requirements:

    - Daytrading "margin" is 50% of normal SPAN requirements during pit hours ($1969/$1575 for ES).

    - $2.40/contract commish beats everyone, AFAIK

    - While there is a $2000 initial account minimum, you need that much to open a single ES contract during pit hours anyway, so the minimum doesn't really apply.
     
    #3     May 25, 2002
    Share