Looks like a new kid on the block .. Anybody knows them, is this an IB,who is clearing their trades ?
Looks like they're blowing away the competition with those super low rates.. or am I missing something?
Yes, they are IB. You can check every brokers wire funding address to see who is the clearing firm. They are clearing through Rosentile RCG. If you subscribe to their CME LLC partnership program (your money won't be in your name, if you trust them) your cme clearing fee for example Euro fx future will be lowered from $1.65 per side to $0.44 per side. Total saving of $2.42 each round turn for Euro fx and $1.40 round turn for Eminis NQ, ES Huge saving...
is this IB part of a larger group of IB's ? -GLOBAL FUTURES EXCHANGE & TRADING CO INC- -NFA ID: 0289721- -Doing Business As- â¢_ADVANCED FINANCIAL WORLDWIDE INC â¢_ADVANCED FUTURES â¢_ADVANCEDFOREX.COM â¢_DAYTRADE 4 LESS â¢_EGLOBALFX.COM â¢_FOCUSFUTURES.COM â¢_GLOBALFUTURES.COM â¢_TRADINGINDEX.COM
Global Futures (alias Focus Futures) now publishing their rates ? Good idea. Anyone opened an acount already ?
They bought Advanced Futures a while ago. The other stuff is their domains and their "forex operation". www.elitetrader.com/vb/showthread.php?threadid=35599
it is global futures. check their business address. the problem is that it requires you to open with a $20k dep.
Somtimes $20k=$10k Because Velocity futures accept $10k for their partnership. Yes, that's excluding X-trader fee, but including J-trader fee.
Question: clarification With this "new" trading firm, using X Trader we'll have 0.75 + 0.75 + 2.32 (RT fees) plus 625 $ one exchange = 1.91 per side with Pats: J Trader = 1.25 + 2.32 = 3.57........1.785$ per side Strategy lite = 1.25 + 0.25 + 0.25 + 2.32 = 4.07...2.035 $ per side Ninja Trader = 1.25 +2.32 = 3.57 or 1.785$ per side + 50$ per months It is correct?? and why Global Futures has a deep discount margin intraday ($500) and this "alias " ($1000)...I don't understand much.... Thanks quintrix