[diablo272]

My experience with Mirus and Zen is similar to XDTrader's, and another one you should probably check out is Open E Cry. I have no first hand experience with them, but I see them get recommended all the time, so they're at least worth a look.

[BlowFish]

OEC are not a zenfire broker which was the original requirement.

[donkee]

I have always wondered what is the advantage of opening up a Mirus account rather than directly with Dorman?

[bathrobe]

I am pretty sure Dorman makes you use an introducing broker.

[taotree]

Originally Posted by bathrobe »

I am pretty sure Dorman makes you use an introducing broker.

I emailed Dorman. I received the response: "You should contact Eliot Wickersheimer". After a quick google, he's Co-owner of Mirus. So, apparently, at least for how I asked the question, I was referred to Mirus by Dorman.

I would like to have someone explain to me what the considerations are between Dorman and Rosenthal Collins Group. Considering I'm just doing CME right now, what's the difference? When I asked Mirus, they responded "you can use RCG" without an explanation of why that over Dorman.

[donkee]

Since Mirus is an IB and they clear through RCG and Dorman, they really don't care which one you prefer.

It might be that Dorman doesn't want retail traders. I don't know this, but I am guessing that they want retail customers to go through Mirus. That's not a big deal or a problem, as your money is with the clearing firm and not the IB. I was just wondering and it seems we don't have a clear cut answer.

[ant]

You can open an account directly with Dorman, but they won't compete against their IBs in terms of offering lower commissions. Dorman has their own in-house brokers too.