Velocity Futures Question

Discussion in 'Index Futures' started by T-Bone Trader, Sep 6, 2008.

  1. So I'm very brand new to futures and am considering trading ES contracts intraday (8pm thru midnight )

    I noticed that if I choose the X-Trader service that is free they charge me a little bit more commish than if I pay them $500/month for X-Trader Pro

    Is this still a good deal since I wouldn't be trading very much in the beginning of my futures trading?
  2. Velocity has a special offer of $4.73 RT all in with free X_Trader. If that is the deal you are getting then it is a good deal for a low volume trader. For a high volume trader it is better to pay the monthly fee for X_Trader.

    Note that intraday for the ES refers to the hours from 9:30 AM to 4:15 PM EDT. Even if you are a very short term trader, trading in the hours from 4:30 PM to 9:30 AM is overnight trading.
  3. bighog

    bighog Guest

    Velocity website says commissions for ES is $3.73 with the fee and $5.73 without the fee.

    if you go with the FEE based commissions of $3.73 then do at least 12/2 cars a day for 20 days and the fee is nullified. 20 x 25 = $500.00 saved in commissions. After 121/2 cars a day you save $2 a car

    The BEST platform out there is X-TRADER. Good Trading to ya.

    <a href="" target="_blank"><img src="" border=0 ></a>

    12 1/2 cars traded a day = 250 cars traded a month, at 2$ less a car,,,,,,,,, you good to go and get x for free, charts included. Not bad at all.
  4. moarla


  5. bighog

    bighog Guest

    Because i said so dipshit. :D

    There is more than speed, a lot more. Retail traders are not gonna live or die from speed. Now are they?

    Reliability, dependability etc matter a lot. But i am not going to get into a tit for tat with the usual dipshits in this forum that THINK they have all the fucking answers and have never made a dime trading.

    Please put in a complaint and make me happy be getting banned for life. PLEASE Et foruns have become a shithole for dipshit losers. There are 5% good guys/gals in here, the rest are fucking losers lost in their own bullshit.

    PS: ET coinsides with trading winners and losers in general. 95% of you icbecile moronic idiots just waste your money so 5% of fine handsome studs like me can have a super retirement. ET is a waste of my time, please tell me to fuck off. <a href="" target="_blank"><img src="" border=0 ></a>
  6. You are not reading the CFTC FCM report correctly. As of 06/30/08 Velocity has capital of $1,025,294 more than double the Net Capital Requirement of $500,000.
  7. LMAO!
  8. moarla


    thats correct. but look at the performance: 31.01.07 Adjusted Net Capital= 2.170.000, Excess Net Capital = 1.671.000 ----31.01.08:
    Adjusted Net Capital= 1.280.000, Excess Net Capital = 784.000 ---30.06.08:
    Adjusted Net Capital= 1.025.000, Excess Net Capital = 525.000 ---
    In my eyes thats not a sign of a healthy company....
    And be careful: VelFut is not only your IB, ut its your clearing company, holding your money....
    there are to so many safer companies around to give VelFut the money....
  9. moarla


    and excuse me: what are 500.000 USD (= about 350.000 Euros - )in this business....many traders have this amount of money in there account :confused:
    #10     Sep 8, 2008