Who's The Best Futures Firm

Discussion in 'Index Futures' started by Pabst, Jan 25, 2002.

  1. Pabst


    I know this has been debated on numerous threads but I think it's time to re-open the case. A lot of you guys left IB in the fall after the numerous glitches, are you happy? Anyone back at IB. Lets talk speed of execution, handling of Globex stops, customer service, and commish. Was anyone involved in the 60 pt NQ run up last week? Bonus points to anyone who knows the REAL story behind what happened.
  2. tymjr


    Pabst: “A lot of you guys left IB in the fall after the numerous glitches, are you happy?”


    “Lets talk speed of execution…”

    IB can’t hold a candle to my other brokers.

    “…handling of Globex stops…”

    I experience dramatically less slippage with J-Trader and the reliability of the software has been very satisfactory.

    “…customer service…”

    Sorry, does IB even have customer service? In every case, when I’ve needed to close a position immediately and was unable to do so online, I was instantly able to call the trade desk and flatten out. I can’t say the same for IB.

    “…and commish.”

    I pay marginally more per RT. I don’t believe that what I pay is the same as what most customers pay, though. For the purposes of comparison, I think anything between $6-$8/RT is well worth the switch.

    The only drawback to not being with IB is the simplicity of its TWS. Once you become familiar with the idiosyncrasies and advantages of another platform it really makes little difference, though.
  3. Pabst



    Great reply on all fronts can you HINT who you use. I'm perceptive.
  4. tymjr


    I primarily use J-Trader through REFCO. I have no idea how new accounts are handled at REFCO, though, as I was a PMB client originally. I am in the process of experimenting with some other brokerages at the moment.
  5. Pabst

    ApexFutures.com offers J-Trader for $4/side with phone back up for free. Just mention my name for that rate.

    Craig Ross
  6. jgan

    jgan Guest

    www.elocaltrading.com offers rates as low as $3.00 per side, all fees included.

    eLocal provides their clients with the Patsystems J-TRADER platform with excellent phone execution back-up.

    Through their web-site you can get in touch with the principals of the firm.