Can someone recommend a few online brokers that I should check out? It seems that the brokers mentioned in these threads are for prop daytraders. I'm planning on trading only 2 to 3 single lots per week. I've the info package from Lind-Waldock. I would like to be able to choose from a few more brokers. tia
might help others if you say what you plan on trading ......futures, options, stocks? # of shares? anything you MUST have? Robert
Sorry. I should have mentioned I planned on trading one Chicago futures at a time. I have a friend that is trading the same size, but he does it at a local firm which charges a slightly higher commission.
Thanks, PuffyGums. Do you have any dealings with them? Is that just a firm you know of or do you recommend it?
I just joined Interactive Brokers so I dont have much of a history but so far so good. I like that I can do stocks and futures although the transfer of money between the accounts takes about 5 min worth of screwing around. Price is right for the e mini
I'm a bit confused about the fees. Is it $2.40 per futures contract and you don't have to pay the data feed if you spend over $30 commission per month. There is no other fees. Under currency commission, is that for changing actual currencies for deposits into your accounts? I'm trading spot fx now. I wanted to trade IMM during the day and GLOBEX after market so which data feed do I subscribe to? IB FX?
With IB you only can use products that trade electronically on Globex. Subscribe to Globex data (not FX or IDEAL) and trade the side-by-side contracts "6A to Z". www.cme.com/products/currency/sxstickersymbols.cfm www.cme.com/products/currency/products:currency:sxsfaq.cfm