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  #31 (permalink)  
Old 02-26-2008, 12:19 AM
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Re: Infinity

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Hi Disco Scottie,

Does Infinity require some minimum number of trades before some kind of fees kick in? Also, how much is a round trip ES contract?

Thanks,
Armand
There's no minimum number of trades, 50 contracts is what I happen to be comfortable with. The round trip fee will depend on how much $$$ you have in your account, it's a negotiable amount. But I think you'll be very pleased. PM me if you'd like contact info with them.

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  #32 (permalink)  
Old 02-26-2008, 04:59 AM
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Re: Infinity

Do they pay interest on balances?

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  #33 (permalink)  
Old 02-26-2008, 06:34 AM
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Do they pay interest on balances?
No, however the platform(fast execution) and the back up service -par excellent-compensates for the interest.IMO

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  #34 (permalink)  
Old 02-26-2008, 02:58 PM
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Re: Infinity

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I have to disagree with all the favorable Infinity comments here. I was whacked inactivity fees and had my commissions bumped up all without notification. When I signed up with them I explicitly asked if there were volume minimums and inactivity charges and they said, "NO".
The platform is just a white label of the Transact AT - so if that is the attraction you might as well sign up with Transact and get a lower commission rate to boot!
I am curious as to some of the specifics such as:

What were the "inactivity fees" and how long did it take for them to come into play?
What percent were your commissions bumped up?
What was their response when you confronted them about you "explicitly" asking them if there were minimums?
How long ago did this happen?

After reading this I contacted a friend that has accounts with several brokers and that I knew hadn't taken a trade through Infinity this year yet. He confirmed that he has never received a "no activity" fee and his commissions were still mid $4.

Any more specific information about your situation would be greatly appreciated.

Also, with your comment about going through Infinity versus Transact...many times it's about customer service and being able to get through when you need them the most.

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  #35 (permalink)  
Old 02-29-2008, 11:39 AM
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Re: Infinity

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Minetoo -- PM me with details and I will look into it.

Infinity_Tom
Hi Infinity_Tom,

Do you know if there is some minimum number of trades that are required to avoid an inactivity fee. If so, what number of trades would that be.

Thanks,
Armand

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  #36 (permalink)  
Old 02-29-2008, 11:47 AM
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Re: Infinity

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Hi Infinity_Tom,

Do you know if there is some minimum number of trades that are required to avoid an inactivity fee. If so, what number of trades would that be.

Thanks,
Armand
Hi Armand,

* There are no Inactivity fees with Infinity.
* There are no minimum trading requirements.
* Minimum account size is $2500
* $500 Daytrade Margins for Eminis, YM

PM me for further details or go here --> http://www.infinityfutures.com/demof....aspx?ref=tdlb for a free 30 day demo.

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  #37 (permalink)  
Old 02-29-2008, 12:25 PM
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Re: Infinity

Infinity_Tom,

what is the margin for Eurex Contracts (FDAX, FESX, FGBL)??

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  #38 (permalink)  
Old 02-29-2008, 12:36 PM
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Re: Infinity

Hi nosast,

Daytrade Margins for:
FDAX - $1500
FESX - $500
FGBL - $500

Overnight margins are set at exchange minimums.

Thanks,

Tom

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  #39 (permalink)  
Old 02-29-2008, 12:45 PM
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Re: Infinity

Thanks Tom!

These are very low commissions for the Eurex.
When trading for example the FESX and making a profit of 100 € after Com - will the profit be quoted in EUR or converted into USD??

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  #40 (permalink)  
Old 02-29-2008, 12:53 PM
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Re: Infinity

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Thanks Tom!

These are very low commissions for the Eurex.
When trading for example the FESX and making a profit of 100 € after Com - will the profit be quoted in EUR or converted into USD??
nosast,

All Profit / loss figures will be in Euros.

Tom

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