Recent content by dmcw

Hi Najeeb, Sorry, I just saw your question about commission. We don't post our rates for platforms other than X_Trader, which is $0.35 per side + exchange fees. I have sent you an email regarding our cost using GSTrader. I can't give you specific costs in this anonymous forum, but I would...

I believe the answer to this question is yes, but just to be sure, can you give me a definition of what 'direct access' means to you? I typically see the term 'direct access' used to describe stock brokerage firms. In case you meant it that way, we do not offer stock trading.

You can open an account to trade index futures without having experience in futures in general. However futures trading is not suitable for all investors. These markets are very leveraged and most people lose money trading futures. We take into account the state of your finances along with...

Ok, found it. The fee was lowered January of last year: "NFA assessment fee reduction will become effective on January 1, 2008 Effective January 1, 2008, NFA's assessment fee will be $.01 per side. The new rate is a 50% decrease from the current rate and the lowest level in NFA's...

You know what, I can't even remember. It's been a long time... I can look back at my statements as far back as July on last year and see that it was already down to $0.01 per side at that time.

NFA fees used to be $0.02 per side; now only $0.01 per side. $1.15 total per side.

I'm not sure what you mean by overnight 'fees'. We don't charge any extra fees to clients to hold positions overnight as long as they meet the Exchange-set Overnight Margin. Are you asking about our Overnight Margin requirement? We use whatever the Exchange sets as their minimum. In the...

Specifically for CME GLOBEX emini SP/NQ/YM "Exchange, clearing, reg. fees and NFA fees" add up to $1.15 per side/$2.30 round turn currently. (These are non-exchange member fees. Members have reduced fees. If anyone wants to explore the possibility of having an exchange memnership I may be...

That is correct. GSTrader and Strategy Runner are the same software. (Thank you Cazza.)

Just wanted to give a heads up to those of you who trade GLOBEX currencies and CMEGroup Financials (bonds, notes) that these markets are scheduled to close early today 4/9/09. CMEGroup website states these products will close at 3:15 pm Central ahead of the Good Friday Holiday. I hope I can...

Good question. I should have been more thorough in explaining it is a limitation of the software w/ the clearing firms we work with. That's why I made a point in my last post to the effect that 'this is the case with the clearing firms we work with'. I don't know what the situation is with...

That is a good question. I wish that Strategy Runner and some of the other platforms had the ability to show you real time equity as you're trading. As of right now, X_Trader is the only platform that we offer that does show your real time equity. I would have to refer you to one of our...

I have no idea why you would say that, but I'm willing to listen to your reasons for saying so. Feel free to PM me or you can post it here if you like. Also feel free to call me and I'll do what I can to change your opinion. Please give me specific facts that I may address.

You're right. Our rates are somewhat negotiable, but also depend on which platform you're using, account size, volume. You should call your broker (I mean the specific person who handles your account) and see what they can do for you. Thanks for you business. Best regards,