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  1. rmorse

    Try the Lightspeed Trader demo today!

    Open an account and get up to $10,000 cash back. TRY THE FREE DEMO Try the Lightspeed Trader demo today! At Lightspeed Trading, we know that every second in the trading world can make a difference, which is why we provide a robust, stable, and highly reliable platform, Lightspeed Trader, with...
  2. rmorse

    Suitable Futures Broker with iSystem or Similar Capabilities

    Do the trades get automated from that system, or does it create an alert to do a trade?
  3. rmorse

    Suitable Futures Broker with iSystem or Similar Capabilities

    We can do futures account outside the US, but I have no idea what iSystem is and why you need it. Do you need it? Bob
  4. rmorse

    IB ACH Deposit initiated by Bank

    You should check with your bank and IB. Some institutions have limits on the size and frequency of ACHs.
  5. rmorse

    Compliance Issue here?

    No FCM will hand you "cash". Your choices for removing funds from your account are Wire, ACH and ACAT. ACH is an agreement with your bank to move money back and forth. In fact, your FCM can withdraw funds from your bank without you contacting your bank after it is filed. I have no idea what...
  6. rmorse

    Compliance Issue here?

    For US accounts with a US based bank, most FCMs allow you to set up ACH to fund and remove cash from your bank account.
  7. rmorse

    ADMIS as FCM?

    I have one account at ADMIS (Opened while at my old firm) but the balance at Wedbush Futures. Happy to go over the pros and cons of both over the phone. In general you will find ADMIS wants larger accounts and will charge more in commissions than the rates I can get you at Wedbush.
  8. rmorse

    Brokers for both ETFs and CME Futures

    What are you looking to pay? (commissions only, not clearing and NFA)
  9. rmorse

    Meeting with local prop firm. Good questions to ask?

    I sent you a PM.
  10. rmorse

    Switch from IB to NinjaTrader brokerage (Dorman Trading)?

    fxRichard. We can offer Rithmic too. I'll PM you the cost. For commissions check out here: https://www.lightspeed.com/pricing/commission/ Bob
  11. rmorse

    Meeting with local prop firm. Good questions to ask?

    This is their focus report. It shows their capital and sometimes their income statement. They are very hard to find online, often very old and to get an up to date one, you'd have to ask them. Here is an example from 2012 for JPM. https://www.sec.gov/Archives/edgar/vprr/1303/13030777.pdf A prop...
  12. rmorse

    Meeting with local prop firm. Good questions to ask?

    NOT a customer account with a prop firm, just a customer account on your own WITHOUT them. Prop firm don't offer customer accounts directly.
  13. rmorse

    Meeting with local prop firm. Good questions to ask?

    If they are a registered broker dealer in the US, and they use your capital toward their trading capital, your capital contribution will be held for at 1 year. You will be a registered person and subject to their rules and procedures including getting permission for outside activities like your...
  14. rmorse

    Short Selling Fees

    Cutetrader, I sent you a PM with how these fees are typically calculated.
  15. rmorse

    options automatic trading (probably with IB)

    18 years old.
  16. rmorse

    Reliable, Cheap Broker for Futures Trading Using CTS T4 Platform

    CBC, All broker neutral platforms have either a monthly flat cost or a variable cost (Some with a max payment per month). So you are correct, if your volume is under 1000 futures per month. Over 1000, the rate comes down because they are no longer charging you. At Lightspeed...
  17. rmorse

    options automatic trading (probably with IB)

    $25K, but the account must maintain $25K because of the DT rules.
  18. rmorse

    options automatic trading (probably with IB)

    -We introduce business to Wedbush Securities. Wedbush and Lightspeed accept foreign accounts on a case by case basis. I do not expect the UK to present any issues. -I'm not sure what the minimum age is to open an account. I've never asked. How old are you? -For equity accounts, we provide...
  19. rmorse

    Brokers for both ETFs and CME Futures

    aetrade, We can offer that. Your securities account would be at Wedbush Securities (Reg-T of Portfolio Margin)and your futures segregated account would be at Wedbush futures. Lightspeed Trader would be your broker on both accounts and your single point of contact. If you don't trade options on...
  20. rmorse

    IB leveraged forex, uh what?

    Today, EUR/USD FX volume was 103,891 E-mini FX was 1,460 E-Micro FX was 6,488 I'm sure you can make your own conclusions from that.
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