I was watching their fees to create a possible account and I see that at the bottom of the page : "Accounts held outside the US will incur a $0.35 Foreign Service Fee per contract." Is it a joke? I know that foreign people had problem to create an account at OEC, but this is ridiculous... I am sure a lot of guys created accounts without being aware of it. You lost a prospective customer, OEC.
I love their overnight per contract position fee too. I have other issues with OEC so I don't use them very much these days...
yeah, a stupid $0.10 per each contract to hold your positions overnight! just like tradestation does. i don't understnd why they they nickel and dime people to death like that.
I'm still pissed at that shit... Seriously, what is the problem with foreign accounts?... Next step: accounts outside Ohio will be charged 0.20 oevrnight even with 100% cash... What is the problem with Tomsic? You have to be a real low life to charge foreign accounts... OEC was supposed to be quite a good broker.
They were quite a good broker about 18 months ago - since then there reliability and quality of service has steadily gone downhill (IMHO). I had'nt noticed there o/n charge for foreign clients because I no longer trade through them.