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Old 11-26-2008, 06:27 AM   #1

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Recommended Broker for Futures Day Trading

Hi,

I really need you opinion and recommendation which broker the BEST for day trading. I am Futures day trader. I trade S&P, Djia, Nasdaq, Currency and oil futures. Before i use Windsor Broker and they use MT4 platform. What i don't like about them is they don't allowed me to set pending order less then 50 points and trailing too.

I'm think to go for AMP, is that a good idea? Thus AMP is a good broker?

Or do you know any other broker that suit for day trading futures market?
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Old 11-26-2008, 11:13 AM   #2

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Re: Recommended Broker for Futures Day Trading

http://www.openecry.com

A few of us around here use them.
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Old 11-26-2008, 04:11 PM   #3

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Re: Recommended Broker for Futures Day Trading

One of the brokers most used by day traders is interactive brokers.
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Old 11-27-2008, 04:31 AM   #4

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Re: Recommended Broker for Futures Day Trading

Amp & Mirus both have good reputations. Personally I use IB.
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Old 11-27-2008, 05:08 AM   #5

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Re: Recommended Broker for Futures Day Trading

I used Infinity, and really liked it at the time. By far the best customer service I've ever received from any broker - not sure if I got lucky or if that's the norm at the firm. But when I visited the office, it seemed like the norm. So if that's of any importance to you, then it should help. I never had problems with data or slippage.

I've heard good things about OEC, I used their demo and thought their charts were pretty decent. From what I've heard from Brownsfan, they should have excellent service as well. I can't really speak about their data, but I've never heard a complaint from Brownsfan so I would imagine they are excellent in that area as well.

By great service, I mean the broker actually knows who I am and knows what I'm talking about. The broker calls me on a regular basis to check in. When I call, the phone is promptly answered by my broker - or the guy next to him if he's away. If it's not an emergency, he promptly calls me back. Which can be very important in a critical situation. I absolutely hate having to find a number to call, and only hearing from my "broker" when I close my account.
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Old 11-27-2008, 06:00 AM   #6

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Re: Recommended Broker for Futures Day Trading

Try out Infinity AT V3, both live and sim. mode on the same platform, excellent fills, and service.
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Old 11-27-2008, 07:37 AM   #7

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Re: Recommended Broker for Futures Day Trading

I love Infinitys dome and the fills are super fast. I am not crazy about their charting, I think tradestation us much better.
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Old 11-27-2008, 11:33 AM   #8

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Re: Recommended Broker for Futures Day Trading

Quote:
Originally Posted by Pocoyo »
Hi,

I really need you opinion and recommendation which broker the BEST for day trading. I am Futures day trader. I trade S&P, Djia, Nasdaq, Currency and oil futures. Before i use Windsor Broker and they use MT4 platform. What i don't like about them is they don't allowed me to set pending order less then 50 points and trailing too.

I'm think to go for AMP, is that a good idea? Thus AMP is a good broker?

Or do you know any other broker that suit for day trading futures market?
I have accounts with AMP and Mirus using Ninja/TT and Ninja/Zenfire, respectively. I favor AMP for a slight edge in execution, customer support and commissions.

I have an account with tradestation for charting, data, and certain custom indicators--not for order execution.
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