Refco - $4/RT. Anyone use em?

Agree - you should be able to get $15 r/t from Refco for pit trades for 25-50 r/t p.m

 

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?

Thanks

Indie

 

Yeah, just email the technical support.
Pro-Simulation account is possible.
Probably minimal is $3000 or $ 5000, I forgot.

 

Yes, I have it on a trial/simulation

 

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?

 

i believe min account balance for refco is $10k. they are a prober broker.

 

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.

 

Lind-Waldock is now: Refco Private Client Group (PCG)

www.refco.com/nr/pr.cms.asp?Id=432

www.refcoprivateclient.com