Review of Cannon Trading

Discussion in 'Retail Brokers' started by SimpleMeLike, Jan 18, 2019.

  1. Hello,

    I am planning/considering to open a live account with Cannon Trading for intraday future index and commodity trading.

    If you use this broker, please share your experiences (good or bad).

    Thank you,
     
    patrickrooney likes this.
  2. tiddlywinks

    tiddlywinks

    Cannon uses 5 different FCMs.

    You will get better input if you mention which FCM you will be using.
    Data feeds and therefore platform choice, all-in commissions, margin requirements, and of course order fills and other account aspects such as liquidation policy etc, are all affected by the FCM used.
     
    MACD likes this.
  3. R1234

    R1234

    I have used them in the past. They had responsive service and commissions were competitive.
     
    SimpleMeLike likes this.
  4. patrickrooney

    patrickrooney Sponsor

    Ilan is a great guy. We interviewed him for our 5 Questions blog series at Trading Technologies.

    https://www.tradingtechnologies.com...th-ilan-levy-mayer-of-cannon-trading-company/
     
    SimpleMeLike likes this.
  5. I dont use them but curious what is making you want to try them?
     
  6. Thank you for response.

    What does FCM means and why is it important to me? I day trade crude oil futures. 1 to 2 contracts only.
     
  7. Thanks caacapital,

    Because their day trade margins are low and account size requirements is afforable for me and I can use my favorite trading platform with them I am comfortable with. And good reviews online.