[cowcool]

What are your favorite Emini brokers .. and why?. There are so many of them and I am kinda confused.

Thx!

[brownsfan019]

Cow, as I mentioned here, Open ECry is a very nice broker to consider.

My suggestion is to demo as many platforms as you can get your hands on and just start clicking around to see what you like/dislike. The other factor will be costs. If you go with OEC, you will pay zero in data fees and/or platform fees, which is nice. I was paying around $700/mo prior to moving my trading to OEC for data and platform fees. Getting rid of that expense was nice.

There is a broker review section on TL as well that you might want to take a look at.

[cowcool]

Thx, looks good , have you tried thinkorswim.com ?. I am considering this one too.

[diablo272]

Originally Posted by cowcool »

Thx, looks good , have you tried thinkorswim.com ?. I am considering this one too.

It depends heavily on your style. In my experience, TOS does not cater to futures traders.

[BlowFish]

The question of brokers crops up often. There are half a dozen or so that are consistently recommended by people here. IB, Mirus, Amp, OEC, Transact (I think) and maybe a couple of others are generally recommended.

Maybe worth having a sticky thread to direct people too?

[joseph000]

Interactive Brokers: http://www.interactivebrokers.com

I trade primarily ES.

IB has several platforms for traders (their Trader Workstation is most popular). Their competitively priced for futures and better than most for stocks and mm interest rates; their financial position is very strong and you can hold high-balances with confidence. The best is that I can stream their data into 3rd party software solutions for advanced analysis (i.e. Ensign).

I hope that this helps.

Take care.

[BlowFish]

I'm an IB man too. I would add that they possibly have one of the the broadest range of markets and instruments available from a single account of any broker out there.

[Harlequin]

The choice of broker is going to depend on your individual requirements.

I chose Interactive Brokers beacuse of the following:

I'm based in Europe and I can call them on a free phone number.
Low commission rates.
I can wire money to my non-US bank account free of charge.
Global coverage of markets.
Universal Account means I can trade futures, stocks, FX and options from one account.

If you are only trading US futures other brokers will offer lower intraday margin requirements so you don't need to keep all your capital in your account.
If you have a large account size consider cutting out the introducing broker and go direct to a FCM for lower commissions.