Refco - $4/RT. Anyone use em?

Discussion in 'Retail Brokers' started by EMini-Player, Jan 20, 2004.

  1. Agree - you should be able to get $15 r/t from Refco for pit trades for 25-50 r/t p.m
    #131     Aug 28, 2004
  2. Does anyone know if its possible to trial Protrader using a simulated account? I see that you can trial the Xpress platform but there is no mention of Protrader. It seems obvious that you need to try it before committing to using it as a professional platform? No?

    Does anyone know what the minimum account opening balance is for Velocitetrader?



    #132     Aug 28, 2004
  3. Yeah, just email the technical support.
    Pro-Simulation account is possible.
    Probably minimal is $3000 or $ 5000, I forgot.
    #133     Aug 28, 2004
  4. Yes, I have it on a trial/simulation
    #134     Aug 29, 2004
  5. I don't know of a way to use Protrader in training/demo mode. I hear though that at their head office their own new traders are put on demo mode. Does this mean that they have two versions of software - one for the retail client and one for internal use?
    #135     Aug 30, 2004
  6. FredBloggs

    FredBloggs Guest

    i believe min account balance for refco is $10k. they are a prober broker.
    #136     Aug 30, 2004
  7. The simulation download has a limited list of active contracts (the obvious suspects from CME, CBOT, Eurex, LIFFE), that's the only difference Refco highlighted. After they okay your registration, they give you a u/name + p/word for simul. I was already a client at the time of reg'n.

    I believe FredBlogg's comment on the minimum is correct. Refco considers smaller retail traders are better served at Lind-Waldock.
    #137     Aug 30, 2004
  8. Xenia


    #138     Aug 3, 2005