Finding a Non US Market and Broker

[jmbrandon 10]

Hi there,

 

I am interested in your opinion regarding selecting a non US market and Broker

for intraday trading.

Since I trade ES, it has been suggested the best equivalent is FDAX and that being the case I still need a Broker with a solid front end and maybe charting. (I am a T4 guy with the ES)

However there may be other products I should consider.

My location is Caribbean and I do not want to start work before 8am if possible.

 

I might add that I have no problem with ES and my Chicago Broker, quite the contrary in fact, but my eggs are all in one basket.

 

many thanks

John

[brownsfan019 17]

If you want to trade the FDAX or STOXX, Open ECry has a nice platform that includes charts and data for free. I was a previous T4 user myself actually and since moving to OEC, I am saving the $500/mo platform fee. Haven't looked back.

[jmbrandon 10]

Thanks BF,

 

My Broker is generous enough to give me free access to T4.

OpenEcry is US Broker, or have they now opened offshore.

 

regards

John

[brownsfan019 17]

Sorry, I misunderstood - I thought you wanted a broker that had access to stoxx and dax, didn't realize you also wanted an offshore broker as well.

[MidKnight 12]

Yeah, this is a big big hassle from my experience so far. I have searched for non-USA brokers in my Asian markets of interest and seem to either come up against some sort of language barrier between us, and/or they end up being pricier than using Interactive Brokers. Please do keep this thread updated with any non-USA broker you find and end up settling with.

[MidKnight 12]

Thanks for the info stocktrader6080.

 

I checked out sogotrade and they don't appear to offer any futures. I also can't see any mention of offering any international markets. I also checked out CoolTrade, again, this says its only for USA markets.

[Soultrader 12]

If anyone is interested in trading the KOSPI futures or options, I can refer you to a a local brokerage firm that has its own international division. They are one of the top 3 biggest brokerage firms in Korea. I have an account with them as well. Pm me if interested. Thanks.

[flyingdutchmen 10]

Hi there,

 

I am interested in your opinion regarding selecting a non US market and Broker

for intraday trading.

Since I trade ES, it has been suggested the best equivalent is FDAX and that being the case I still need a Broker with a solid front end and maybe charting. (I am a T4 guy with the ES)

However there may be other products I should consider.

My location is Caribbean and I do not want to start work before 8am if possible.

 

I might add that I have no problem with ES and my Chicago Broker, quite the contrary in fact, but my eggs are all in one basket.

 

many thanks

John

 

SaxoBank's SaxoTrader, your funds will be secured by Danish goverment

stable and honest broker offering pretty much everything whats tradeable

bonds, fx, commodities, cfd's on commodities, cfd's on stocks, etf's, futures, stocks etc.

for futures if you do enough volume commission could drop to usd 0,30-0,50 / contract.

charting is ok, i believe they also provide api but i am not 100% sure on that.

 

http://www.saxobank.com

 

Altough im not sure about comparing the DAX future to the e-mini S&P,

less liquidity and 30/40 points in a heartbeat at volatil times and with a 12,5eur/tick rate this instrument

feels like a lamborghini, but there is always the more liquid and calmer dj eurostox future FESX

Edited September 30, 2009 by flyingdutchmen